Sun Finance unifies its loan originators under one group



Sun Finance, one of the fastest growing online consumer lending companies headquartered in Europe, has taken the decision to unify all of its loan originators, currently listed separately on Mintos, under one group brand. (more…)

Mogo Finance places EUR 25 million tap on existing 9.50% corporate bond 2018/2022



Mogo group has successfully placed a EUR 25 million tap issue of its 9.50% corporate bond 2018/2022 (XS1831877755) at 95% plus accrued interest. Listing of the bonds on the Frankfurt Stock Exchange’s regulated market (General Standard) is based on the securities prospectus approved by the CSSF (Luxembourg supervisory authority). (more…)

15 November 2019 Update: Metrokredit continues servicing existing loans and works with the Central Bank of the Russian Federation to resume issuance of new loans



Following last weeks’ announcement (below) on Metrokredit being excluded from the State Register of the Microfinance Organizations of the Russian Federation, which means they cannot issue new loans, the company continues servicing existing loans and collecting borrowers’ payments and passing them to investors on Mintos. Also, for loans that reach 60 days past due Metrokredit continues to provide the buyback guarantee. Looking forward, based on historic data we expect that around  20% of the current outstanding loans will reach 60 days past due with the vast majority of Metrokredit loans performing…

Want to know more about Everest Finanse? You’re in luck



Everest Finanse has been part of the Mintos family since September of this year. The loan originator offers its personal loans for investment in the Euro (EUR) currency and so far, Mintos investors have funded EUR 4.2 in the company’s loans. (more…)

ID Finance secures € 1.8 million within minutes on Crowdcube



ID Finance – one of the largest loan originators on Mintos and the fastest-growing fintech in Spain has raised over €1.8 million of its crowdfunding target within minutes of its campaign going live on Crowdcube amid strong demand from investors. The data science, credit scoring and digital finance company has a crowdfunding target of €2.3 million and is inviting interested parties to invest on the Crowdcube website. (more…)

Mintos temporarily suspends Rapido Finance from the marketplace



All loans originated by Rapido Finance have been suspended from the Mintos Primary and Secondary Markets because of the loan originators’ failure to transfer borrowers’ payments to Mintos investors on time. This means investors cannot buy or sell Rapido Finance loans, effective immediately until further notice. (more…)

ID Finance predicts €90m in revenue in 2019, plans crowdfunding round on Crowdcube



ID Finance – one of the largest loan originators on Mintos and the fastest-growing fintech in Spain saw revenue growth of over 100% in the first 9 months of 2019 and is on track to double its revenues to €90 million revenue in 2019. (more…)

Mogo Finance achieves a new milestone, B- (Stable outlook) rating from Fitch Ratings



Mogo Finance, one of the largest used-car financing companies in Europe, has recently announced a new milestone, as Mogo Finance and its group companies have received a B- “Stable Outlook” rating from Fitch Ratings. (more…)

Interview with the CEO of JSC MFC Mikro Kapital, Hakob Khotsanyan



Mikro Kapital has been operating on the Mintos marketplace since April of this year, initially offering its business loans from the Russian Federation. At the beginning of August, the loan originator already expanded its presence on Mintos by placing more loans for investment from a different country – Moldova. (more…)

Capitalia finances 42 Baltic companies with EIF guarantee



In March of this year, Capitalia partnered with the European Investment Fund (EIF) to provide a guarantee instrument to support small businesses in Latvia, Lithuania and Estonia, for a total amount of EUR 10 million. (more…)



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