Capital Service loans suspended from Mintos Primary and Secondary Markets

06.04.2020

mintosblog

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

02.04.2020

mintosblog

To improve communication about pending payments, we will share with you a weekly update with the most important statistics for each lending company.  (more…)

Mintos applies for European investment firm and electronic money institution licenses

02.04.2020

mintosblog

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…)

Followup statement from Finko on recent Varks licence revocation

01.04.2020

mintosblog

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…)

Cashwagon: Update on the current situation in Vietnam

01.04.2020

mintosblog

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…)

Recent news summary

31.03.2020

mintosblog

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…)

Introducing a fee for selling loans on the Secondary Market

31.03.2020

mintosblog

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.

Mintos Ratings Update, March 2020

31.03.2020

mintosblog

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…)

Status update on the defaulted lending companies and the recovery of invested funds

30.03.2020

mintosblog

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…)

WITH UPDATES: Announcements of the lending companies for investors and clients

30.03.2020

mintosblog

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.

(more…)

Search

Important

Follow us