In October, we continued introducing various improvements to the Mintos marketplace.
Firstly, we have significantly improved the performance of the “Account Statement” section. Now the data there loads more quickly, saving our investors valuable time. This improvement also allows investors to receive account statements for a larger amount of entries than before.
Secondly, we have added an opportunity to sort loan originators by the various data displayed in columns in the “Loan Originators” section. For example, now you can sort loan originators by the sum of loans they have originated. To use this feature, go…
Exciting news! Starting from today, November 1, 2017, we have removed the 1% fee for selling loans on the secondary market of the Mintos marketplace. This means from now on, there are absolutely no fees for investing through Mintos.
“A secondary market with no fee will greatly benefit our investors. We expect the secondary market to become even more liquid now. This is especially good news for investors who want to pursue a long-term investment strategy and invest in loans with longer maturity. In the case investors will need the liquidity before the loan matures, they will be able to…
Did you hear the big news? For a limited time only, one of the world’s leading fintech companies, ID Finance, will be offering an increased interest rate of 17.5% on their recently added loans on Mintos issued in Georgia. This great offer was announced during our webinar on October 19, 2017.
With this move, ID Finance now offers investors on the Mintos marketplace the highest net annual return. This exciting opportunity will last until the end of October.
The representatives of the company, Co-founder and CEO of ID Finance Boris Batine and CFO at ID…
AS “mogo” earns 2.9 million during the first 9 months of 2017.
Turnover amounted to EUR 9.8 million (31% increase, compared to the same period in 2016), EBITDA reached EUR 5.2 million (12% increase, compared to the same period in 2016), net profit was EUR 2.9 million (21% increase, compared to the same period in 2016).
As at 30 September 2017 gross value of the lease portfolio reached 31.6 million euro (19% increase, compared to 31 December 2016).
“Mogo earns historically highest profits within first 9 months of any calendar year since inception. This was achieved despite expenses incurred when selling…
You are kindly invited to join a webinar we will host in cooperation with ID Finance, one of the world’s leading fintech companies that recently expanded their offering on the Mintos marketplace by adding loans issued in Georgia.
Date: Thursday, October 19, 19:00 (CET)
(18:00 London time; 19:00 Berlin time; 20:00 Riga time)
Duration: 45 minutes
Boris Batine – Co-founder and CEO of ID Finance;
Alexander Pak – CFO at ID Finance Georgia.
The webinar will be moderated by Peteris Mikelsons, Loan Originator Partnership Executive at Mintos.
ID Finance speakers…