About a year ago, we introduced Mintos Invest & Access,... Read more →
Following previous updates, we share news on the developments in the last month on each defaulted lending company and the recovery of invested funds. View the table for financial data and read comments on each lending company below. (more…)
Due to an orderly wind-down of Kredit24, we have made a decision to suspend loans originated by the lending company from the Primary and Secondary Markets on Mintos. The suspension is effective immediately. (more…)
We have received a lot of feedback from investors about pending payments. While pending payments always were a part of normal business operations, before the Covid-19 crisis they usually settled on time and were hardly noticeable to investors. The recent increase is a new situation also for us, and we appreciate all the feedback we received from you. We heard you, and we want to share some improvements we’re making to increase transparency for investors. (more…)
Creditstar Group is pleased to announce that it successfully issued and sold bonds in the total amount of EUR 18,33 million with maturities of 12 and 18 months. The proceeds were used to redeem maturing bonds and to finance loan portfolio growth across multiple markets. The bond issues were advised by independent investment banking company Redgate Capital. (more…)
In this overview, we are taking a look at the current status of moratorium duration periods in the countries of lending companies on Mintos. We will address status only for the countries that had a type A moratorium or an imposed moratorium, as measures coming with this type of moratorium have limited duration periods. For some mentioned countries, these periods could be extended or finished, affecting the stream of borrowers’ repayments to lenders, or the ability to collect repayments for lending companies. Read more
On 19 June 2020, we live-streamed the third AMA (Ask Mintos Anything) session with CEO Martins Sulte. In AMA sessions, Martins answers questions asked by Mintos investors and collected during the days prior to the live-stream. (more…)
If you’ve ever heard the phrase, “it’s easier to hit a sitting duck than a moving target”, you’ll know that the same thinking can be applied to your investments. Diversification is an investment strategy that helps investors reduce their overall risk of getting ‘hit’ by a bad investment by spreading their money around.
So how does it work, and what does it look like in theory – or even in practice on Mintos.com? For anyone new to investing in loans, or for anyone simply looking to brush up on their investment knowledge, this guide breaks down the basics.
Ever wondered how loans progress over time, or what all these loan statuses mean? Let’s get right into it and look at the loan lifecycle and statuses in more detail. (more…)
IDF Eurasia Kazakhstan business – TOO OnlineKazFinance (“Solva”, “We”, the “Group”, the “Company”) – Kazakhstan’s leading alternative, non-bank lending provider, today announces its IFRS financial results for twelve months ended 31 December 2019. (more…)
We’re sharing the fourth update on the suspended lending companies on Mintos. View the table for financial data and read comments on each lending company below.
In this update, we’ve added an additional split for pending principal and interest, so you can see how much of the money comes from repayments, buybacks, and rebuys. (more…)