GetBucks

GetBucks
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 884.1 M
Loan portfolio Loans issued by the lending company to borrowers at the time of the most recent financial statement that are current or less than 60 days late.
€ 100.4 M
Buyback obligation A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
With a buyback obligation
Skin in the Game To ensure the interests of a lending company and investors are aligned, the company is required to keep a stake of each investment opportunity it offers through Mintos. This is called the company's skin in the game.
5%
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
Founded:
2011
Employees:
1063 (group)
Loan Types: The type of loan the company has issued to borrowers.
Personal loan Pledge type group unsecured
Short-term loan Pledge type group payday
Countries: Countries in which the loans were issued by the lending company.
Currencies: Currencies in which investment opportunities from the company are offered.
EUR, USD
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
0

About

GetBucks is a part of MyBucks S.A., which is a fintech company based in Luxembourg that delivers seamless financial services through technology. Through its different brands, the company offers customers unsecured consumer loans, banking solutions, and insurance products. On 30 April 2020, GetBucks Botswana and Zambia were suspended from the Primary and Secondary Markets due to failing to fulfil their payment obligations in full to Mintos investors.

Last Updated: 06.05.2020

Last Updated: 06.05.2020