Update on Aforti Finance, 4 February 2020

05.02.2020

mintosblog

February 4 2020

If you are Mintos investor with active investments in loans originated by Aforti Finance, you will find the status update information sent to your email.

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Update on Rapido Finance 

04.02.2020

mintosblog

February 4 2020

If you are Mintos investor with active investments in loans originated by Rapido Finance, you will find the status update information sent to your email.

For all other information regarding Rapido Finance that is of value for the broader audience of investors, we will make regular updates on the Mintos blog, as usual.

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ID Finance Kazakhstan sees dynamic growth and expands offering on Mintos

29.01.2020

mintosblog

You can now invest in short-term loans issued by ID Finance in Russian ruble (RUB) on Mintos! This is a great opportunity to diversify your portfolio and earn interest rates that are above average.  (more…)

UK based loan originator Evergreen Finance London Ltd launches on Mintos

21.01.2020

mintosblog

A brand new loan originator from the United Kingdom has launched on the marketplace – Evergreen Finance London Ltd. Now you can invest in the company’s personal loans and earn net annual returns of up to 10%. (more…)

Mintos met with the liquidator of Monego

14.01.2020

mintosblog

On the last days of 2019, Mintos representatives met with the Central Bank of Kosovo (CBK) appointed liquidator for Monego in Prishtina, Kosovo. 

The aim of the meeting was to establish the initial contact, voice our interests and details of creditors’ claims against Monego and to outline the next actions.  (more…)

Cashwagon has expanded its offering to investors, by placing unsecured instalment loans on Mintos

14.01.2020

mintosblog

Cashwagon, the first company from APAC region that has joined Mintos has expanded its offering to investors, by placing unsecured personal (instalment) loans on the marketplace. (more…)

Kredit Pintar expands offering, launches more instalment loans on Mintos

14.01.2020

mintosblog

Kredit Pintar, the Indonesian-based platform provider of unsecured personal loans has expanded its offering on Mintos to include personal loans. The personal loans have maturities up to 12 months and an average amount of 120 euros. The loans come with a buyback guarantee, will be listed in EUR and investors can expect a net annual return of up to 13%. (more…)

Mogo now extends the offer by adding loans at higher interest rate without buyback guarantee and introducing risk categories

08.01.2020

mintosblog

Mogo Group, one of the largest used-car financing companies in Europe, extends its offering on Mintos once again by adding a new higher-yielding investment product to the platform. Mogo loans without the buyback guarantee are available again on the marketplace. Moreover, you can now tailor your investments according to loan risk categories which are based on loan originators’ unique internal scoring models. (more…)

EcoFinance expands offering, launches more instalment loans on Mintos

07.01.2020

mintosblog

Update 07.01.2020.

To improve its offer to investors, Ecofinace has decided to change the grace period for its loans placed on Mintos. The grace period of 15 days is changed to 3 days. This means, if the end borrower hasn’t begun to repay the loan after 3 days, the investor will see delayed interest to accumulate on their Mintos account on the fourth day.

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Update: First payment after the revocation of Monego licence for loans received

30.12.2019

mintosblog

As we shared earlier, a third party had stepped in to cover the payments to investors on Mintos. 

Due to an ongoing process of Monego case, we do not possess full information about the incoming payments from the borrowers, therefore further payments to investors on Mintos will subsequently be made by the third party once borrowers’ repayments are delayed for 60 days.  (more…)