We’re happy to announce Dozarplati as the next company from Russia to offer Forward Flow to investors on Mintos.
Forward Flow is a new and unique product in the crowdlending market. A Forward Flow represents a commitment to invest in a set of pre-agreed underlying loans, at a predetermined rate for a given period of time. For the duration of the Forward Flow, investors receive weekly interest payments based on the performance of these underlying loans.
Dozarplati Forward Flows will start with maturities from 8 and 12 months, and interest rates of up to 12%, which is higher than the average interest rate for existing Dozarplati loans available for investment. Each Forward Flow will have a minimum amount of €5 000 and a maximum amount of €50 000.
Investors can invest in Dozarplati Forward Flows like in other loans on Mintos. If you want to invest with a custom automated strategy, make sure to select Forward Flow in the loan type filter.
To obtain exposure to Forward Flows offered by Dozarplati, investors will be able to invest in loans issued by Mintos Finance to Dozarplati. In accordance with agreements concluded by Mintos Finance and Dozarplati, the loans will be secured by a pledge over part of the claim receivables of Dozarplati to its borrowers. Mintos Finance is a Mintos group company. A detailed description of the structure is available in the Mintos Finance loan agreement and assignment agreement.
Dozarplati on Mintos
The current amount of outstanding investments on Mintos in loans issued by Dozarplati is €9 689 429. There are 61 682 investors with active investments in Dozarplati loans, with the average investment per investor being €157.
With 545 000 clients, an all-time issuance volume of €175 million, and a net loan portfolio of €33 million across its brands, Dozarplati is one of the largest lending companies in the Northwestern district of Russia. The company aims to fill the gap between paydays for its customers by offering short-term loans. Dozarplati’s main goal is flexibility for its customers, that’s why the company offers its services through its many branches and its mobile app. Clients can take out a loan online 24/7, even on holidays. The company is included in the State Register of Microfinance Organisations of the Central Bank of Russia and all of its activities are regulated by the Central Bank.