One of the top online lenders in Russia, Creditter joins Mintos

09.12.2019

mintosblog

Creditter (ex SmartCredit) – online lender from Russia joins the Mintos family. You can now invest in the company’s short-term loans and earn net annual returns of up to 11% in EUR and 17% in RUB.  (more…)

IuteCredit continues servicing existing loans in Kosovo and initiates a legal investigation of the recent decision by the Central Bank of Kosovo

09.12.2019

mintosblog

Following last weeks’ Friday announcement, IuteCredit has shared its position on the situation and decided on the next steps.
IuteCredit Kosovo, a wholly-owned subsidiary of IuteCredit Europe, confirms that their microfinance license has been revoked with immediate effect on December 6, 2019. Central Bank of Kosovo (CBK) has appointed a liquidator of IuteCredit Kosovo. (more…)

Guest blog: Why 2020 could be a Great and Wonderful Year for P2P Lending in Europe

09.12.2019

mintosblog

When Morgan Stanley projected that the global Peer to Peer (P2P) lending industry would grow at a 51% CAGR (Compound Annual Growth Rate) and reach an incredible $290 billion by 2020, not many could believe the financial institution. Many critics saw this estimate as a long pipe dream, especially in an industry that’s so misunderstood.   (more…)

IuteCredit and Monego license revoked in Kosovo

06.12.2019

mintosblog

According to the announcement of the Central Bank of Kosovo from December 6, 2019, the licenses for the business in this country have been revoked for loan originators IuteCredit and Monego. (more…)

“Is that really you? Please, verify.”

06.12.2019

mintosblog

If one wakes up an AML officer in the middle of the night and asks “Why do we need the identity verification?”, the person will, most probably, give these answers: 

1. Identity fraud is continually on the rise with people all around the world using more and more devices to connect their personal data to different apps, services and payment systems;

2. If identity fraud happens, identity verification is the ultimate tool that can help the user prove that a particular account belongs to them, just like the money, investment or whatever else is associated…

New status functionality on Mintos: Pending payment

02.12.2019

mintosblog

Today we are introducing the Pending payment description to Mintos. This functionality will provide investors with clarity over the status of borrowers’ payments in the funnel from loan originators to the Mintos marketplace. (more…)

Mintos now serves more than 200 000 investors globally!

30.11.2019

mintosblog

When a startup begins talking about “hundreds of thousands of customers” – this becomes a great achievement to leverage for marketing purposes, but it also takes responsibilities to the next level for the whole team. With this in mind, here we are at Mintos in November 2019, operating a marketplace with 215 000 investors, looking to reach 300 000 milestone in a matter of a few months! This is a great milestone to take a closer look at the people and habits that make our marketplace: Mintos investors. Read more

EUR 4 billion invested on Mintos!

29.11.2019

mintosblog

Operating the leading marketplace for investing in loans means talking big numbers. Thousands of loans from dozens of countries are available on Mintos daily. More than 200 000 of those looking to seize the opportunities of investing in loans have joined us since 2015. Still, there are millions of potential investors who are yet to discover that investing in loans is an easy and a great way to earn passive income, and hundreds of millions of loans to borrowers that are in the domain of our addressable market. Read more

First loan originator from Turkey launches on Mintos

28.11.2019

mintosblog

If you have been waiting to get exposure to Turkey’s market, the time has come. Wowwo launches on Mintos and offers you to invest in car loans with an expected net annual return of 10-11%. All of Wowwo’s loans will be listed in euro (EUR). (more…)

Take a look at where we work: new home for the #mintospeople

27.11.2019

mintosblog

For two months now, we were getting adjusted to the new space we call the home of #mintospeople. With the team that’s scaled for around 200% in a period of one year, today we are 170+ professionals operating the leading European marketplace for investing in loans. So far, Mintos has invested close to EUR 500 000 in the eco-friendly 2,500 square meters of office space in Riga, Latvia. (more…)