The 2020 pandemic produced, according to most experts, the deepest... Read more →
Mogo group has moved forward with the acquisition plans for Tigo (Finitera North Macedonia) and Kredo (Finitera Albania). Mogo Finance has added both lending companies to its consolidated balance sheet while waiting for approval from the regulators of both countries. Yet to portray the actions taken by Mogo, both lending companies and their listed loans on the Mintos marketplace from now on will be shown as a part of Mogo group. (more…)
Mogo Finance group, one of the largest European used car finance groups, has announced it is planning to acquire two lending companies – Kredo and Tigo. Both companies currently are part of Finitera group. The acquisitions are subject to regulatory approval. (more…)
Updated: Pending payments – average days and percentage of outstanding investments by lending company as of 3 July
So far, 2020 has been a year like no other. We moved quickly to adapt to the new economic climate that came as a result of the COVID-19 pandemic, and continue working closely with the lending companies on our Mintos platform to make sure they do the same. (more…)
We are in close contact with the lending companies on Mintos. As the effects of the COVID-19 pandemic continue influencing businesses and people globally, companies are working to modify, adjust and put in place different solutions that will ease the effects of the pandemic.
Many companies are sharing announcements for their clients and investors, and we will be adding these announcements here, with updates over the next days.
Loan originating brands Kredo and Tigo are uniting under a single company, Finitera, an existing alternative lending company. During 2019 Finitera underwent structural changes to improve the efficiency of its business operations and bring all the products across different markets under one company, that way creating Finitera group. From now on Kredo and Tigo issued loans on Mintos will be listed as Finitera loans. (more…)