ID Finance, a lending company specializing in consumer loans in Spain and Mexico, has launched a new cashback campaign.
For a limited time, you can earn cashback for investments in Notes for ID Finance Spain:
- 1% for Notes with a remaining term of up to 30 days
- 2% for Notes with a remaining term of 31 days to 3 months
- 3% for Notes with a remaining term of 3 months 1 day and more
This offer is valid from 19 to 30 June 2023.
To qualify for the cashback bonus, you’ll need to enroll in the campaign and invest a minimum of €50 (cumulative) into Notes for ID Finance Spain.
Term
Interest rate
Available for investment (€)
Up to 30 days
9%
10%
11%
12%
13%
13.5%
14%
14.5%
144 544 €
248 €
5 565 €
575 233 €
403 258 €
253 963 €
465 479 €
964 501 €
31 days to 3 months
9%
10%
11%
12%
13%
14%
14.5%
15%
685 €
1 515 203 €
1 715 511 €
1 808 €
40 249 €
32 236 €
24 302 €
54 532 €
More than 3 months
9%
487 341€
As of 14 June 2023, there’s over €3.8 million worth of qualifying loans available on Mintos with interest rates starting from 9%.
Only investments made on the Mintos Primary Market via custom automated strategies and manual investing qualify. Investments made before enrolling and investments made on the Secondary Market, or via Mintos Core, Conservative, or High-yield strategies are not eligible. The cashback will be credited to your Mintos account within 10 business days after the campaign ends.
At the time of the cashback launch, 58.8% of outstanding investments in ID Finance Spain loans (via Notes and claims) on Mintos are current. The company has no payments that have been pending longer than the normal settlement period of 8 days.
About ID Finance Spain
ID Finance is a data science, credit scoring, and digital finance company pioneering fintech innovation in emerging markets with a range of convenient, competitive, and transparent loan products available over the internet. The company uses machine learning and advanced data science techniques to improve access to competitive financial services. Headquartered in Barcelona, ID Finance operates under the MoneyMan and Plazo brands in Spain, Brazil, and Mexico, with R&D located in Minks, Belarus. The company’s founders previously worked in banking including Deutsche Bank and Royal Bank of Scotland. ID Finance is trusted by both private and institutional investors around the world. The company has been ranked the second fastest-growing fintech in the FT 1000 list. It was also rated among the hottest startups in Barcelona by Wired magazine.
Notes for ID Finance Spain are listed on Mintos in EUR.
