MyBucks S.A.: MyBucks obtains USD 5-million loan facility for SME finance

10.10.2017

mintosblog

SIA ExpressCredit shareholder meeting decision on profits for the year 2016

04.10.2017

mintosblog

SIA ExpressCredit shareholders meeting on 03/10/2017 decided to assign year 2016 profits and profit of previous periods totaling 1 070 thousand EUR to distribute as dividends. SIA ExpressCredit year 2016 profits reached 995 thousand EUR. The payout of dividends will be made till 30/11/2017 taking into account bond issue prospectus ISIN LV0000801322, LV0000801280 and LV0000802213.

ID Finance Announces Mexico Operations Launch

19.09.2017

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ID Finance reports 82% revenue growth in first half of 2017

08.09.2017

mintosblog

ID Finance, the emerging markets fintech company, has reported 82% revenue growth for the first half of 2017 following successful expansion into the Brazilian online lending market. The data science, credit scoring and digital finance company has now processed over 1 million loans and is planning further expansion in Latam with a launch expected in Mexico later this year. (more…)

AS “mogo” interim condensed financial information for the 6 month period ended 30 June 2017.

05.09.2017

mintosblog

AS “mogo” earns 2.1 million during the first 6 months of 2017.

CORRECTION: The financial results have not been changed, Interim Condensed Financial information for the six month period ended 30 June 2017 replaced with Interim Condensed Financial statements for the six month period ended 30 June 2017.Turnover amounted to EUR 6.3 million (31% increase, compared to the same period in 2016), EBITDA reached EUR 3.7 million (29% increase, compared to the same period in 2016), net profit was EUR 2.1 million (50% increase, compared to the same period in 2016) and net profit margin was 33% (15% increase, compared to…

ExpressCredit decreases bond nominal value for EUR 250 000

28.08.2017

mintosblog

According to SIA ExpressCredit bond issue prospectus ISIN LV0000801280, as of 25/08/2017 nominal value of one security is going to be decreased by EUR 50. Total nominal value of bonds issue will be decreased for EUR 250 000. After settlement nominal value of one security (ISIN LV0000801280) will be EUR 250. (more…)

ID Finance and Da Vinci Capital launch $200m fintech fund

25.08.2017

mintosblog

ID Finance has joined forces with former Elbrus Capital fund manager Yuri Popov and asset management company Da Vinci Capital to launch FinTech Credit Fund, a $200m debt finance fund aimed at financial technology companies with a focus on alternative lending. Read more >

Eurocent S.A. financial results for Q2 2017

16.08.2017

mintosblog

Eurocent S.A. reported  consolidated operating loss of PLN 2.7 million and consolidated net loss of PLN 3.2 million for the second quarter of 2017.

See report >

SIA ExpressCredit financial results for first half year 2017

07.08.2017

mintosblog

SIA ExpressCredit Group’s turnover for the 1st half of 2017 reached EUR 8.7 m and Group worked with unaudited net consolidated profit of EUR 1.44 m.

The Group’s operations during the period from 1 January to 30 June 2017 has been successful. In line with plans, total revenue for the period was up by 25.4% against the 2016 respective period and reached 8 718 678 euro.

Agris Evertovskis comments on 2017 1st half year results: “The growth of the Group’s performance in comparison with the previous half-year is significant. The company’s financial position and operating results are the best…

AS “mogo” interim condensed financial information for the 6 month period ended 30 June 2017.

01.08.2017

mintosblog

AS “mogo” earns 2.1 million during the first 6 months of 2017.

Turnover amounted to EUR 6.3 million (31% increase, compared to the same period in 2016), EBITDA reached EUR 3.7 million (29% increase, compared to the same period in 2016), net profit was EUR 2.1 million (50% increase, compared to the same period in 2016) and net profit margin was 33% (15% increase, compared to the same period in 2016).

As at 30 June 2017 gross value of the lease portfolio reached 29.6 million euro (11% increase, compared to 31 December 2016).

Interim Condensed Statement of Profit or Loss…