Finclusion

Finclusion
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 268.9 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.
€ 14.7 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.
12.2%
Founded:
2018
Employees:
152 (group)
Joined Mintos:
April 2020
Loan Types: The type of linked assets the lending company has issued.
Personal loan Personal loan
Short-term loan Short-term loan
Countries: Countries in which the linked assets were issued by the lending or rental company.
Currencies: Currencies in which investment opportunities from the company are offered.
EUR
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
3 392 034

About

Finclusion Group’s mission is to enhance financial inclusion in African markets through the delivery of technology-enabled financial services through investing in special situations and implementing methodical turnarounds underpinned by talent, capital and technology. Finclusion Group is currently active in South Africa, Swaziland, Namibia, Kenya and Tanzania. Its operating entities offer unsecured consumer loans and insurance products through retail customers and MSMEs.

Last Updated: 26.04.2021

Last Updated: 27.10.2022