Following its entrance in other European Union countries, Mintos, the investment platform providing a range of alternative and traditional investment options, is now focused on continuing its European launch by making its entry in the Czech Republic investment ecosystem.
Since its inception back in 2015, the platform has onboarded more than 500,000 users across Europe. Authorized by MiFID, the firm reportedly manages more than 600 million Euros in assets under administration.
Overall interest in investing has reportedly been growing steadily in the Czech Republic, with nearly 40% of residents presently investing a portion of their earnings, according to various surveys.
But Czech citizens typically try to refrain from investing solely in relatively risky products, with women twice as likely to avoid investing when compared to men.
As noted in the update from Mintos, the most popular investment options reportedly include stocks, bonds, as well as precious metals.
Martins Sulte, CEO and co-founder of Mintos stated:
“These insights reveal a cautious approach to investing among Czechs, particularly among women. This underscores the importance of offering investment options that align with their risk tolerance and investment goals. Our focus on long-term, passive investing provides a suitable alternative for those looking to grow their wealth without the high risks associated with more volatile investment products.”
As explained in the announcement, Mintos offers solutions for investors interested in building wealth via long-term investment strategies.
With loans, bonds, ETFs, real estate, as well as more recently with Smart Cash, Mintos offers a range of alternative and traditional investments.
This offering allows retail investors to consolidate portfolios and manage long-term investments via a single platform.
Martins Sulte, CEO and co-founder of Mintos added:
“We’re excited to continue introducing diverse investment options on our platform to new regions. Our goal is to make investing accessible to all levels of investors, providing simple ways to diversify portfolios with both traditional and alternative assets.”
