Thanks to GetBucks, our first loan originator from Africa, the Mintos marketplace now has even more investment opportunities in Botswana. In addition to short-term loans, investors can now also invest in longer-term personal loans issued by GetBucks in Botswana.
Personal loans issued by GetBucks in Botswana have one of the lowest default rates on the market. This is due to special agreements which allow for monthly payments to be deducted from the borrower’s salary.
GetBucks personal loans in Botswana are issued by two GetBucks subsidiaries, GetBucks Botswana and TU Employee Benefits (Proprietary) Ltd….
GetBucks has started placing short-term personal loans issued online in Botswana on the Mintos marketplace. With this move, GetBucks is the first loan originator on the Mintos marketplace to offer an opportunity to invest in loans issued in one of the fastest growing regions of the world — Africa.
GetBucks, part of Frankfurt-listed fintech company MyBucks, joined the Mintos marketplace in June 2017, offering investors the opportunity to invest in short-term personal loans issued in Poland. So far, the company has funded loans worth more than EUR 400 000 through Mintos.
We are welcoming a new loan originator! GetBucks, part of the Frankfurt-listed fintech company, MyBucks, has started placing short-term personal loans issued online in Poland on the Mintos marketplace. MyBucks operates across three continents – Africa, Europe, and Australia. It is planned to offer loans issued in Africa on the Mintos marketplace soon.
The average loan GetBucks will place on the Mintos marketplace is EUR 250, with a repayment period of 30 days. The loan originator will offer investment opportunities in both euro (EUR) and Polish Zloty (PLN). The average annual net return to investors will reach 11%.