ID Finance Spain, specializing in retail banking and finance solutions, has launched a new cashback campaign on Mintos.
For a limited time, you can earn a cashback of 1% for loan investments (via claims) with a remaining term of over 30 days.
This offer is valid from 6 June to 12 June 2022.
To qualify for the cashback bonus, you’ll need to enroll in the campaign and invest a minimum of €50 (cumulative) into ID Finance Spain loans.
There’s around €18.2 million worth of qualifying loan investments available on Mintos with interest rates of 9-18%.1
Only investments made on the Mintos Primary Market via manual investments or custom automated strategies qualify. Investments made before enrolling or made via Diversified, Conservative, or High-yield strategies are not eligible. The cashback will be credited to your Mintos account in one installment within 10 working days from the investment date if all terms and conditions set out in this document have been fulfilled. See full terms
ID Finance Spain loans are listed on Mintos in EUR.
At the time of the cashback launch, 49,15% of outstanding investments in ID Finance Spain loans on Mintos are current. The company has payments that have been pending longer than the normal settlement period of 8 days, in the amount of €1.86 million (8,02% of the portfolio). For changes in the pending payments status, see Loan statistics.
Only investments made via claims qualify for ID Finance Spain’s cashback bonus.
About ID Finance
ID Finance is a financial technology company based in Spain with operations in this country and Mexico. Its main offering is focused on providing retail banking and finance solutions. The company is the fastest-growing Fintech in Spain, according to the FT 1000 ranking, and it is also the first carbon-neutral financial technology firm in the region. The company is consistently profitable and, since its inception in 2015, has processed around 9 million credit applications. In 2021 ID Finance launched Plazo, the first Spanish credit-led challenger bank, which is currently offering a free Mastercard debit card with one of the most attractive cashbacks in the country. ID Finance is working to expand its services to a wide range of purchase and credit solutions that will soon be available, such as fractional payments, BNPL, and salary advances, among others.
1 As of 6 June 2022