Today, Creamfinance, a leading consumer finance provider and the fastest-growing European fintech, announced the closure of a €21 million deal in Series B financing with Capitec Bank Holdings Limited (“Capitec”). This round follows a €5 million in Series A investment from international venture capital fund Flint Capital. Capitec is listed on the South African stock exchange and is the parent company of Capitec Bank that played a major role in revolutionizing banking in South Africa. The funds will be used to accelerate the company’s international expansion and introduction of a full product portfolio in existing markets. Following…
Starting today, investors will have the opportunity to invest in loans denominated in Georgian lari (GEL) on the Mintos marketplace. The loan originator Creamfinance is offering investment opportunities in Georgian lari.
Making deposits in GEL can be done easily by transferring funds to the bank account listed below:
- Bank name: Liberty bank
- Country: Georgia
- Beneficiary: Paysera LT
- Replenishment currency: GEL
- SWIFT/BIC code: LBRTGE22
- Beneficiary bank account (IBAN): GE19LB0113249433452000
- Payment purpose / details: EVP9410001845276 XXXXXX – Add funds to investor account (where XXXXXX is your Mintos investor ID number)
- Account holder: AS Mintos Marketplace
Be sure to indicate the exact “payment purpose” given in…
Mexico City, Mexico – Creamfinance, the leading European consumer financial services provider, on Monday (10th of October) has officially expanded its footprint in Latin America, launching in Mexico. It is the first company’s launch in a different continent.
According to Matiss Ansviesulis, Co-Founder and CEO of Creamfinance, expansion in a different continent brings new opportunities. “Our launch in Mexico marks a significant milestone for the company as we enter into one of the largest, fastest-growing and most promising markets”, he explained. “We are eager to learn the specifics of the market and are ready to provide speedy & reliable…
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 —…
We are pleased to announce that starting today, Creamfinance is offering a new product on the Mintos marketplace — consumer loans issued in Georgia with repayments in several installments.
Loans placed on the platform are expected to average EUR 900 with a repayment period of 10 months. The average net annual return for these loans is expected to be between 10-12%.
Up until now Creamfinance short-term unsecured loans with repayment in single installment issued in Georgia under its CreditON brand were available for investments on the Mintos marketplace. Since joining the platform, more than EUR 15 million in Creamfinance loans have…
“We plan to make borrowing money online as simple as clicking one click,” says Matiss Ansviesulis, Co-founder and CEO of Creamfinance. To learn more about the concept of one click loans provider and use of smart data read more in the following interview with Matiss. (more…)
We are excited to announce that the nonbank lender Creamfinance has joined the Mintos platform. Unsecured short-term loans, originated by Creamfinance in Georgia with the CreditON brand, are available for investment on the platform. These are great news for our investors, as they will have even broader opportunities to diversify their investment portfolio on the Mintos marketplace. (more…)