Following the update from 30 March and update from 30... Read more →
Due to a failure to make timely settlement payments to investors on Mintos, we have made the decision to suspend loans originated by the lending company Capital Service on the Mintos Primary and Secondary Markets. The suspension is effective immediately until further notice. (more…)
Pending payments – average days and percentage of outstanding investments by lending company as of 2 April
To improve communication about pending payments, we will share with you a weekly update with the most important statistics for each lending company. (more…)
We are excited to announce that Mintos submitted the application for both an investment firm license and electronic money institution license with the Latvian regulator Financial and Capital Market Commission (FCMC) on 30 March 2020. (more…)
Comment by CEO of Finko Group, Janis Pizics for investors on Mintos:
“Following up on my earlier message to investors on Mintos on the Board of the Central Bank of the Republic of Armenia (CBA) revocation of license for the lending company United Credit Joint Stock Company (Varks), there are couple developments to share as well as answers to questions about Finko I’ve seen on the Mintos blog.” (more…)
Despite its proximity to China, where the coronavirus has originated, SE Asia has been less affected than many European countries. As at 31st of March, there were just a bit over 3000 reported cases in Indonesia, Vietnam, and the Philippines combined. (more…)
We acknowledge that we recently posted a lot of information on our blog. To make it easier for you to find the most important answers, we created this news summary. (more…)
From 13 April 2020, we will introduce a small 0.85% fee for selling loans on the Secondary Market. We believe this is a fair and transparent fee that will help us cover the costs, and that sets us on par with or below other leading platforms in Europe and the UK. With 38% of our active investors having used the Secondary Market, and about € 700 000 worth of loans sold each day on average¹, our Secondary Market offers considerable liquidity to those investors who want to exit an investment early. …
We are publishing changes in the Mintos Ratings for a number of lending companies on Mintos, as per decisions made prior to developments caused by the COVID-19 pandemic. (more…)
From now on, we will share with you a monthly summary with all the main statistics listed in one file. Below, in this article, you will also find our comments on the current status and about the funds recovered from each lending company. (more…)
We are in close contact with the lending companies on Mintos. As the effects of the COVID-19 pandemic continue influencing businesses and people globally, companies are working to modify, adjust and put in place different solutions that will ease the effects of the pandemic.
Many companies are sharing announcements for their clients and investors, and we will be adding these announcements here, with updates over the next days.