Tagged: peteris mikelsons

December 7, 2023 @ 11:28 pm By Omar Faridi  |  

In November, Mintos reveals that it saw investments in Notes reach €135.2 million, the largest growth in two years. According to Peteris Mikelsons, Head of Partnerships at Mintos, this upward trend can primarily be attributed to “larger than usual repurchases, primarily made by Eleving Group,… Read More

November 7, 2023 @ 8:06 am By Omar Faridi  |  

The month of October has shown “promising” growth on Mintos. Total investments saw “a significant increase to €97 million, and interest earned by investors climbed to €4.2 million.” Mintos also mentioned that this upward trend “was primarily driven by stable investments,” as explained Peteris Mikelsons,… Read More

October 16, 2023 @ 12:42 pm By Omar Faridi  |  

The month of September has shown “promising” growth on Mintos. Total investments via Mintos saw “a significant increase to €94.9 million, and interest earned by investors climbed to €4.1 million.” This upward trend was primarily “driven by the same trend we observed in August,” explained… Read More

July 7, 2023 @ 12:21 pm By Omar Faridi  |  

Mintos reports that total investments “saw €88 million worth of Notes funded, and interest earned by investors in June was €3.9 million.” The average interest rate for June on the Mintos platform “stood at 12.8%, translating to an annualized average net return of 9.8% (YTD… Read More

April 9, 2023 @ 11:57 pm By Omar Faridi  |  

In March, the total investments on Mintos saw “a surge of €90.7 million worth of Notes funded, with interest earned by investors amounting to €4.3 million.” This was largely “driven by a decrease in pending payments.” The average interest rate for March “was 12.6%, resulting… Read More

March 19, 2023 @ 10:55 pm By Omar Faridi  |  

In the latest Insight report, Mintos takes a look at how alternative lending has been gaining momentum. They focus on Southeast Europe (SEE), which in recent years has “seen the emergence of non-bank financial institutions offering accessible and convenient financial services.” Mintos delve into the… Read More

February 14, 2023 @ 11:27 pm By Omar Faridi  |  

In this month’s Mintos Insight, the team at Mintos takes a look at how major asset classes performed in 2022 and how this has “impacted growth in January 2023.” For multiple asset classes, it was a year of “record lows.” Sanctions against Russia (due to… Read More

August 8, 2022 @ 8:52 am By Omar Faridi  |  

Mintos Insight, a monthly publication that covers what’s been happening on the Mintos platform, including wider market activity, educational topics, and other updates, has been released. As mentioned in the report, the Fintech sector has already “staked its place in the finance industry, but its… Read More

June 8, 2022 @ 7:21 am By Omar Faridi  |  

Mintos notes in its Mintos Insight update that for certain investment products, regulation happens from the get-go, but for others, they might “not fall into a regulatory framework straight away.” While sharing other key takeaways from the Mintos Insight report, the team noted that new… Read More

February 8, 2022 @ 8:49 am By Omar Faridi  |  

The team at Mintos has published the latest edition of Mintos Insight, which is their monthly publication that offers an overview of what’s been going on (on their platform), including commentary from their experts, recent investor activity, educational topics, and other updates. Key insights from… Read More