IuteCredit starts loan buyback from Mintos investors

09.04.2020

mintosblog

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…)

Status update on the suspended lending companies and the recovery of invested funds

30.03.2020

mintosblog

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…)

WITH UPDATES: Announcements of the lending companies for investors and clients

30.03.2020

mintosblog

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.

(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…)

IuteCredit Group makes early payment for Mintos investors

23.12.2019

mintosblog

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…)

IuteCredit Europe is covering Mintos investors’ repayments

13.12.2019

mintosblog

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.
(more…)

IuteCredit continues servicing existing loans in Kosovo and initiates a legal investigation of the recent decision by the Central Bank of Kosovo

09.12.2019

mintosblog

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…)

IuteCredit and Monego license revoked in Kosovo

06.12.2019

mintosblog

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…)

IuteCredit issues a bond worth EUR 40 million

24.07.2019

mintosblog

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 grows on Mintos again by launching car loans from Moldova!

12.04.2019

mintosblog

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…)

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