28 May update: Status of the defaulted lending companies and the recovery of invested funds

28.05.2020

mintosblog

Following the update from 30 March and update from 30 April, we share news on the developments in the last month on each defaulted lending company.  (more…)

Moratorium for borrowers: international overview by Mintos (updated)

28.05.2020

mintosblog

All around the world, the COVID-19 pandemic is changing the dynamics of human lives. These changes are having an impact on the lives of individuals and the survival of businesses, and governments are stepping in to reduce the negative effects of the global economic downturn.  (more…)

Investors on Mintos have earned a total of €100 million in interest

28.05.2020

mintosblog

In May 2020, Mintos reached two big milestones that signify the continued growth trend of our marketplace for investing in loans, despite the global downturn caused by the COVID-19 pandemic. Mintos investors have earned a total of EUR 100 million in interest, while the 300 000th investor has joined the Mintos marketplace. (more…)

Follow-up announcements for investors from the lending companies on Mintos

28.05.2020

mintosblog

Having lived more than a month in turbulent and highly dynamic market conditions, with many countries under a state of emergency, lending companies on Mintos are now sharing their financial results of 2019 and the first quarter of 2020, together with comments on how the situation has evolved during the last month. This blog post is a follow-up of the earlier announcements by the lending companies.   (more…)

May 22: Status update on the suspended lending companies

22.05.2020

mintosblog

This our second update on the suspended lending companies. Please see the table and comments below for each of the affected lending companies. If you missed out on the previous update, you can read it on our blog (more…)

Updated: Pending payments – average days and percentage of outstanding investments by lending company as of 22 May

22.05.2020

mintosblog

To improve communication about pending payments, we will share with you a weekly update with the most important statistics for each lending company.  (more…)

Lending companies on Mintos: over 20 000 employees and €16 billion in total loans issued

20.05.2020

mintosblog

Due to the COVID-19 pandemic, we’ve experienced changes compared to the usual flow of our daily dynamics since the middle of March 2020. The pandemic has affected the companies offering loans for investing on the Mintos marketplace, and our investors. Problems borrowers are facing and moratoriums introduced by governments impacted operations of some of the lending companies, causing headwinds in the crowdlending industry.  (more…)

Investors received €71M net transfers from borrowers’ repayments during March and April

14.05.2020

mintosblog

So far, 2020 has been a year like no other. We moved quickly to adapt to the new economic climate that came as a result of the COVID-19 pandemic, and continue working closely with the lending companies on our Mintos platform to make sure they do the same. (more…)

Takeaways: AMA (Ask Mintos Anything) with Mintos CEO Martins Sulte

05.05.2020

mintosblog

“Mintos has adjusted to the “new normal”. We’re fully operational, we’ve adjusted our strategy and now we’re focusing on maintaining our current business volumes instead of pursuing growth,” said Martins Sulte, when opening the most recent AMA (Ask Mintos Anything) session, which was live-streamed on the company’s YouTube channel on Thursday, April 23, 2020.  (more…)

April 30 update: Status of the defaulted lending companies and the recovery of invested funds

30.04.2020

mintosblog

Following the last update from March 30, we share news on the developments within the last month on each defaulted lending company.  (more…)

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