Today, we are pleased to announce that the opportunities on the North American continent have grown, with the launch of Dineria.mx from Mexico.
Dineria.mx is part of Proximus Finance and was established in 2016. Its primary focus is to provide simple, available and transparent loans to customers who require an immediate credit solution.
The loan originator’s goal is to provide its customers with a reliable and convenient service in order to assure that the customers receive necessary funding on a timely basis and can always rely on provided services.
Since its inception in late 2016 until the end of March of this year, Dineria.mx has issued over 55 000 loans worth EUR 6.9 million. Gross portfolio size in the first quarter of 2019 reached EUR 4 million.
“Dineria.mx is excited to join the Mintos marketplace to be able to offer investors our well-performing portfolio. Given our outstanding risk management and IT infrastructure, our collaboration with Mintos will strengthen our position in Mexico’s market and provide investors with stable returns,” says (Viviana Gómez, MX Managing Director).
Investing in Dineria.mx loans on Mintos
On Mintos, you can now invest in Dineria.mx’s loans issued in Mexico. The loans are listed in both EUR and the Mexican peso (MXN). The average loan amount on the marketplace is EUR 139 or MXN 2 982, with the total range from EUR 50 to EUR 500 (MXN 1,000 to MXN 12,000). You can expect a net annual return of up to 14% in EUR and 18% in MXN.
All loans placed on the marketplace by Dineria.mx come with a buyback guarantee. This means, should the loan be delinquent for 60 days or more, then the loan originator will repurchase the loan. In order to keep its skin in the game, the company will keep 10% of each loan placed on Mintos.
Mintos Rating for Dineria.mx is B-.