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With the latest Mintos Ratings update, we are introducing rating changes for 7 lending companies on Mintos and sharing status overviews for some specific cases on the marketplace. We are also removing the “Ratings Watch” status notification from the loan originators list, and it won’t be used anymore. Where applicable, this status notification will be substituted with a status “Suspended”. (more…)
Having lived more than a month in turbulent and highly dynamic market conditions, with many countries under a state of emergency, lending companies on Mintos are now sharing their financial results of 2019 and the first quarter of 2020, together with comments on how the situation has evolved during the last month. This blog post is a follow-up of the earlier announcements by the lending companies. (more…)
Twice a year, we ask all lending companies on Mintos to update their financials, loan agreement, team size, loan portfolio, loans originated, and other information that isn’t updated automatically on Mintos. (more…)
So far, 2020 has been a year like no other. We moved quickly to adapt to the new economic climate that came as a result of the COVID-19 pandemic, and continue working closely with the lending companies on our Mintos platform to make sure they do the same. (more…)
April 9, 2020
Comment from Boris Batine, CEO of ID Finance on pending payment days to investors on Mintos
First, in relation to my communication of 7th April, thank you for your kind understanding of the situation we find ourselves in, with states of emergency in Kazakhstan, Spain and Mexico and the resultant impact on our loan service schedules. (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 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.
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
You can now invest in short-term loans issued by ID Finance in Russian ruble (RUB) on Mintos! This is a great opportunity to diversify your portfolio and earn interest rates that are above average. (more…)
ID Finance – one of the largest loan originators on Mintos and the fastest-growing fintech in Spain has raised over €1.8 million of its crowdfunding target within minutes of its campaign going live on Crowdcube amid strong demand from investors. The data science, credit scoring and digital finance company has a crowdfunding target of €2.3 million and is inviting interested parties to invest on the Crowdcube website. (more…)