To improve communication about pending payments, we will share with... Read more →
IuteCredit Europe AS, the parent company of IuteCredit Group, has registered on Mintos as an investor and will buy back loans of its subsidiaries from the Secondary Market under the following conditions: (more…)
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…)
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.
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…)
Since December 6, 2019 IuteCredit Group has transferred a total of € 161 415.43 of borrowers’ payments to Mintos. These payments are being accordingly credited to the Mintos investors’ accounts. (more…)
Following up on the news we have previously shared regarding IuteCredit Kosovo, we want to inform you that IuteCredit Europe is covering repayments to investors for their investments made in loans issued by IuteCredit Kosovo. IuteCredit Europe, the owner of a subsidiary IuteCredit Kosovo, is covering ongoing outstanding payments and 60 days late payments with a buyback guarantee.
IuteCredit continues servicing existing loans in Kosovo and initiates a legal investigation of the recent decision by the Central Bank of Kosovo
Following last week’s Friday announcement, IuteCredit has shared its position on the situation and decided on the next steps.
IuteCredit Kosovo, a wholly-owned subsidiary of IuteCredit Europe, confirms that their microfinance license has been revoked with immediate effect on December 6, 2019. Central Bank of Kosovo (CBK) has appointed a liquidator of IuteCredit Kosovo. (more…)
According to the announcement of the Central Bank of Kosovo from December 6, 2019, the licenses for the business in this country have been revoked for loan originators IuteCredit and Monego. (more…)
Mintos is pleased to announce that IuteCredit Europe, a leading European personal finance group, announced the issuance of a four-year senior secured corporate bond (ISIN: XS2033386603) worth EUR 40 million, with an annual interest rate of 13%. The settlement of the bond is expected to be on 7 August 2019. (more…)
IuteCredit, a loan originator that has been a part of the Mintos family since June 2017, has yet again expanded its presence, this time adding new investment opportunities in Moldova – car loans! (more…)