Capitalia approves decision on increase of share capital

26.10.2016

mintosblog

Shareholders of Capitalia have made decision to increase share capital amount to EUR 500 000.

Shareholders meeting of Capitalia has made decision to increase share capital of the company from EUR 226 490 to EUR 500 000. Share capital will be increased by issuing new ordinary shares as well as preference shares. In accordance to the approved terms of the emission, subscription term for the newly issued shares is set by October 23, 2016. Statutes of the company will be amended and submitted to the Enterprise register of the Republic of Latvia after the subscription period is over. Share…

DEBIFO enters into strategic partnership with institutional investor MUNDUS

25.10.2016

mintosblog

MUNDUS Bridge Finance has signed an investment agreement with DEBIFO to provide up to EUR 10 million of debt financing to support DEBIFO portfolio growth over the next 5 years.

DEBIFO offers invoice financing services to small- and medium-sized businesses in Lithuania. Unlike banks, DEBIFO does not require long-term contracts or commitments to finance all issued invoices. Moreover, financing is accessible to small and young enterprises as long as they have large and reliable clients. Additionally, decisions are made and financing is provided within several days.

“Since beginning cooperation with Mintos, the DEBIFO portfolio has almost tripled in value, our…

New structure for investments in Hipocredit loans

20.10.2016

mintosblog

We would like to inform you that there is a new structure for investing in Hipocredit loans. Hipocredit has extended its license for providing consumer credit services in Latvia for an indefinite period of time. The new structure takes into account limitations imposed by the license.

How will the new process work?

To obtain exposure to Hipocredit loans, investors will be able to invest in loans issued by Mintos Finance to Hipocredit where repayments depend on the borrower’s payments. Each loan issued by Mintos Finance to Hipocredit will be pegged to a respective loan issued by Hipocredit to the final…

New structure for investments in Banknote loans

18.10.2016

mintosblog

We would like to inform you that, going forward, there is a new structure for investing in Banknote loans. Banknote has extended its license for providing consumer credit services in Latvia for an indefinite period of time. The new structure takes into account limitations imposed by the license.

How will the new process work?

To obtain exposure to Banknote loans, investors will be able to invest in loans issued by Mintos Finance to Banknote where repayments depend on the borrower’s payments. Each loan issued by Mintos Finance to Banknote will be pegged to a respective loan issued by Banknote to the…

Creamfinance will offer loans from Czech Republic on Mintos platform

13.10.2016

mintosblog

We are pleased to announce that non-bank credit lender Creamfinance will now offer short-term, unsecured consumer loans issued in the Czech Republic on the Mintos platform. This is great news for investors, who will have even more opportunities to diversify their investment portfolio.

The Mintos marketplace will host Creamfinance loans averaging from EUR 70 to 700 with a repayment deadline of 5 to 30 days. The annual net return to investors is expected to reach 11%.

Creamfinance already places loans issued in Georgia — both unsecured loans with single repayments, as well as consumer loans with multiple repayments —…

Mintos marketplace improvements in September

29.09.2016

mintosblog

Good things come to those who wait – we are finally more than happy to announce that we have finished implementing responsive web design for mintos.com. All the pages on our website are now fully user friendly on all devices.

We have also added a new section – “Skin in the game” – to the Investment Breakdown chart featured in open loan view. From now on, investors will be able to see what share of the principal amount is kept on the loan originator’s balance sheet separately from the amount that is available for investments.

To keep our investors up to…

Aventus Group from Lithuania launches cooperation with Mintos platform

22.09.2016

mintosblog

Aventus Group joins Mintos marketplace

20.09.2016

mintosblog

We are truly pleased to announce that Aventus Group has joined the Mintos platform. Aventus Group issues short-term unsecured loans in the Czech Republic, Georgia, Latvia and Poland. Aventus Group is kicking off its cooperation with Mintos by adding loans granted in the Czech Republic.

The average loan that Aventus Group will place on the Mintos marketplace will range from EUR 270 to EUR 550, with a repayment deadline of 7 days to 28 days. It is expected that the average annual net return to investors will be up to 12%. Aventus Group will offer a buy-back guarantee for loans…

Bring your own team challenge

13.09.2016

mintosblog

What drives your productivity and motivation to work toward your fullest potential as a Software Developer? Perhaps it’s the people with whom you work with or a challenging and exciting workplace. If you feel like you are not fulfilling your professional potential and you crave a change, read on.

Feeling stuck in your current workplace doesn’t mean you do not love what you do, nor your fellow developers. It’s possible the reason you haven’t left is because of how well you all work together. At Mintos, we understand that, so we…

Refer-a-friend section improvements

08.09.2016

mintosblog

We have improved our Refer-a-friend section, so that you can introduce it to your friends more easily, and get rewarded for that!

Login to your Mintos investor account and find for yourself! Remember that for every successful referral, we will transfer 1% from the invested amount into your and your friend’s investor account.

Refer-a-Friend promotion is available till September 30th, 2016 (included).