Mintos introduces additional extensions functionality in support of current market developments

23.03.2020

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The current global pandemic and economic downturn are impacting borrowers worldwide. Lending companies are reacting and supporting borrowers by offering extensions where it’s reasonable and appropriate. Also, some countries (e.g. Lithuania, Romania, and Spain) have announced debt moratorium that allows borrowers to delay the repayment of debts. (more…)

Finko Group’s 2019 Financial Results and Business Update

20.03.2020

mintosblog

Financial results

Finko Group, a technology-driven online and offline lender operating across multiple markets worldwide and the largest loan originator listed on the Mintos platform, has passed the €136 million revenue mark, recording substantial growth over the prior year. The Group’s net profit in 2019 amounted to €17.6 million.  (more…)

Earn 1% cashback with GetBucks’ loans from Africa

19.03.2020

mintosblog

Another great opportunity to increase your returns on Mintos. GetBucks has just launched a cashback campaign, valid from 19.03.2020. till 25.03.2020. Enrol here to qualify for a 1% cashback on GetBucks’ loans with over 24 months maturity, from Botswana and Kenya.  (more…)

A look at current affairs in March 2020

19.03.2020

mintosblog

Throughout history, pandemics like COVID-19 have inevitably made shifts in the global markets. While uncertainty is present, there are a few things we can all do to ease the stress factors that are obstructing daily routines. Firstly, we should stay safe, but also remain objective and calm in order to make solid decisions.  (more…)

Webinar: Updates from Mintos with CEO Martins Sulte

19.03.2020

mintosblog

On Friday, March 20, 2020, at 15:00 CET, Mintos will host a publicly available live-stream talk, hosted by the Mintos CEO and Co-founder Martins Sulte. He will share more information about the measures and steps Mintos is currently working on to ensure that our marketplace remains a sustainable environment for investors and lending companies involved in its operations.  (more…)

IuteCredit Group reports strong 2019

19.03.2020

mintosblog

Estonian international fintech company IuteCredit Group increased its issued loan volume by 86%, finishing 2019 with EUR 152 million. The increased volume is the result of IuteCredit’s innovative technical solutions to speed up risk assessment for loans (more…)

ID Finance splits operations into two groups – ID Finance and IDF Eurasia

18.03.2020

mintosblog

As of December 2019, ID Finance has decided to split its operations into two groups:

ID Finance – loans from Spain and Mexico;

IDF Eurasia – loans from Kazakhstan. 

Starting from 18.03.2020., both groups are listed separately on Mintos as independent lending companies. Investors’ Auto Invest preferences will be automatically adjusted to all 3 countries. To exclude any of the two groups, investors need to update their Auto Invest settings manually.  Read more

A detailed description of recent MyBucks legal changes

18.03.2020

mintosblog

Last year we informed investors about the changes in MyBucks S.A. (“MyBucks”). As there have been several important developments after that, we feel that they should be described in more detail. The CEO of MyBucks, Timothy Nuy, took the time to chat with Mintos about the situation in the company.  (more…)

Investors will earn interest on pending payments

17.03.2020

mintosblog

From now on, investors will earn interest on pending payments that are behind the schedule. In other words, investors will be compensated for any delays in settling pending payments. (more…)

Finko Armenia launches a 2% cashback campaign for Forward Flow

16.03.2020

mintosblog

Today, we are pleased to announce some good news for all Mintos investors – Armenian Loan originator Varks, that is part of Finko group (with “B+” Mintos Rating), is now offering you the chance to earn a 2% bonus with Forward Flow.   (more…)

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