Tagged: mintos

January 14, 2022 @ 1:22 pm By Omar Faridi  |  

European lender Mintos writes in an extensive update that the Internet connections in Kazakhstan has now been restored, and the restrictions on international payments “were lifted.” The team at Mintos also mentioned that they’ve received proof of payment from all their lending firms from Kazakhstan…. Read More

January 7, 2022 @ 1:27 am By Omar Faridi  |  

The team at Mintos, an investment firm that claims to be the leading alternative investment platform in the European Union, says they’ve made “big things” happen at Mintos in 2021, resulting in “a lot of transformative change.” According to Mintos, the loans asset class (for… Read More

January 5, 2022 @ 3:15 am By Omar Faridi  |  

AS Mintos Marketplace (Mintos) has shared an update from Lime Zaim, a cooperation partner of Mintos that provides investment opportunities via Mintos.com. On 22 December 2021, Lime Zaim reportedly placed its debut bonds on the Moscow Exchange (MOEX) in the “amount of 300 million rubles.”… Read More

December 27, 2021 @ 12:26 pm By Omar Faridi  |  

The team at European P2P lender Mintos has shared their latest Risk Score updates based on developments and data “from the third quarter of 2021” (now live on the platform). The Mintos team has shared the summary of the recent quarterly changes and other details… Read More

December 19, 2021 @ 11:41 am By Omar Faridi  |  

Mintos says it’s introducing a “responsible” investing requirement for all automated investments “in line with MiFID II.” The company notes that as investors will be able to invest in Notes in a regulated environment on Mintos, they are introducing “a responsible investing requirement for all… Read More

December 6, 2021 @ 5:24 pm By Omar Faridi  |  

The announcement shared below was reportedly provided to AS Mintos Marketplace (Mintos) by Eleving Group, a cooperation partner of Mintos that provides various investment opportunities via Mntos.com. Following Eleving Group’s strategy to consolidate investments in its “best-performing markets, a decision has been made to exit… Read More

November 29, 2021 @ 5:41 pm By Omar Faridi  |  

Eleving Group (previously doing business as Mogo Finance) has shared its unaudited results for the nine months of 2021, “conclusively determining the company’s course to the best financial year in its history.” As mentioned in a blog post published by the Mintos team, the group’s… Read More

November 20, 2021 @ 11:30 am By Omar Faridi  |  

IuteCredit has shared its unaudited results for 9M 2021. The firm has released its operational, strategic, and financial highlights along with comments from the company CEO. These details were provided to the AS Mintos Marketplace by IuteCredit, a cooperation partner of Mintos that provides investment… Read More

November 15, 2021 @ 10:14 am By Omar Faridi  |  

ExpressCredit Group (ExpressCredit), a lending firm, has acquired $9 million (appr. €7.74 million) in new funding for specialty finance operations in Botswana. As mentioned in an update, this allows the firm to diversify its financial resources and “partially refinance its existing credit facilities funded by… Read More

October 29, 2021 @ 7:25 am By Omar Faridi  |  

After their initial announcement of GoCredit going live on Mintos on August 13, 2021, the team is pleased to confirm that Mintos has “finalized” the Master Trust structure with the lending firm. GoCredit is reportedly the second firm on Mintos (along with Alivio Capital) to… Read More

October 5, 2021 @ 7:48 am By Omar Faridi  |  

European P2P lender Mintos has released Risk Score updates for the month of October 2021. As mentioned in a blog post by Mintos, dated October 4, 2021, the latest Mintos Risk Score updates “based on developments and data from the second quarter of 2021 are… Read More

September 7, 2021 @ 8:36 am By Omar Faridi  |  

European P2P lender Mintos reveals that it has reached another key milestone with EUR 7 billion of loans now funded via its platform. The Mintos team writes in a blog post, dated September 6, 2021, that it’s been a year of milestones for them, and… Read More

August 19, 2021 @ 3:09 pm By Tony Zerucha  |  

European loan marketplace Mintos has secured investment firm and electronic money institution licenses from the Latvian regulator Financial and Capital Market Commission (FCMC). Investors on Mintos have funded close to €7 billion in loans which are issued by more than 90 alternative lending companies to… Read More

August 15, 2021 @ 11:59 am By Omar Faridi  |  

Automobile lender Jet Finance reveals that it has launched on European peer-to-peer lending platform Mintos. As mentioned in a blog post by Mintos, the Jet Finance team says it’s pleased to confirm that it has officially gone live on Mintos. According to the update, Jet… Read More

August 9, 2021 @ 11:38 pm By Omar Faridi  |  

In April 2021, lending firm E-Cash had reportedly informed European P2P lender Mintos of its intentions to begin closing down its business operations. Due to E-Cash having missed “regular settlement payments” to investors for 7 days and a wind-down process that ‘hadn’t yet been evaluated,”… Read More

August 4, 2021 @ 11:03 am By Omar Faridi  |  

At the end of 2018, LF TECH had launched on Mintos to provide short-term consumer loans issued in Kazakhstan. After the initial launch, the firm paused activities so it could adopt its new strategy and restructure the company for increased scalability opportunities. LF TECH has… Read More

July 30, 2021 @ 4:06 pm By Omar Faridi  |  

IuteCredit, a European personal finance firm, has shared its unaudited results for the first 6 months of 2021. As noted by the Mintos team, luteCredit has reported its operational, strategic, and financial highlights of its business, as well as comments from its Chief Executive. Operational… Read More

July 24, 2021 @ 3:33 pm By Omar Faridi  |  

Legal proceedings brought by European P2P lending platform Mintos have reportedly managed to recover investors’ money from Aforti “in full.” The Mintos team confirmed in an update, dated July 23, 2021, that all of Aforti’s outstanding investments and pending payments have “now been recovered in… Read More

July 18, 2021 @ 6:22 pm By Omar Faridi  |  

European peer-to-peer lending platform Mintos has reportedly changed the status for E-Cash and Dziesiatka on its platform. The Mintos team writes in a blog post: “Along with proceeding with the recovery of funds from E-Cash and Dziesiatka, we are changing the status for both lending… Read More

July 14, 2021 @ 3:39 am By Omar Faridi  |  

On July 9 2021, Latvian financial service firm AS DelfinGroup issued bonds through private placement in the “amount of €5 million with an annual coupon rate of 9.75%.” The nominal value of a bond is €1 000, and the “minimum subscription size was €100 000,”… Read More