Lendo has published its latest operational results and relaunched its cashback campaign

02.05.2018

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Georgian non-bank loan originator Lendo has published its operational results for the first quarter of 2018. According to the figures, Lendo is now the leading non-bank lender in Georgia in terms of loan volumes and portfolio size. As of the first quarter of 2018, Lendo disbursed more than EUR 90 million worth of loans since its inception.

Due to the changes in regulation in Georgia in 2017, Lendo focused on instalment loans, which has provided the company with a steady growth of its loan portfolio and income stream. As a result, the company’s revenue has exceeded…

The Lendo cashback campaign is back

07.03.2018

mintosblog

Lendo is offering you the opportunity to earn a cashback on your investments for its selected loans again! This time, between March 7, 2018, and April 7, 2018, you can earn a cashback of 1.5% for all Lendo loans with a maturity of 9 months or more.

If you want to earn the cashback, you need to be enrolled in the campaign before you make the investment. Only investments made on the Mintos primary market qualify.

Enrol now >

For more information read the Terms and Conditions.

Lendo offers personal and short-term loans for investment from Georgia, which are listed in…

Lendo now offers a 1.5% cashback on selected loans

18.01.2018

mintosblog

Lendo now offers an immediate cashback of 1.5% for all of its loans with a maturity of 9 months or more. This special offer will last until February 18, 2018.
Only investments made on the Mintos primary market qualify. If you want to receive the cashback, you have to be enrolled in the campaign before making the investment.

Enrol now >

For more information read the Terms and Conditions.

Lendo offers personal and short-term loans for investment from Georgia, which are listed in both euro (EUR) and Georgian lari (GEL) on the Mintos marketplace. The company is one of the largest…

New structure for investments in Lendo loans

27.07.2017

mintosblog

Starting from August 3, 2017, there will be a new structure for investing in Lendo loans on the Mintos marketplace. The new structure stems from new regulations imposed by the local supervisory authorities in Georgia, where Lendo operates.

How will the new process work?

To obtain exposure to Lendo loans, investors will be able to invest in loans issued by Mintos OU to Lendo, where repayments depend on the final borrower’s payments. Each loan issued by Mintos OU to Lendo will be pegged to a respective loan issued by Lendo to the final borrower.

Mintos OU is a Mintos group company. A…

Changes in Lendo’s “skin in the game”

09.01.2017

mintosblog

We would like to inform you that Lendo, loan originator which offers short-term unsecured loans from Georgia on the Mintos marketplace, will decrease its “skin in the game” from 15% to 10% starting January 19, 2017.

Lendo, founded in 2016, has had a very strong growth, reaching more than EUR 10 million in outstanding loan portfolio as at September, 2016. In one year, Lendo has significantly expanded and now issues loans in 40 branches across Georgia’s largest cities – Tbilisi, Batumi, Gori, and Rustavi. All loans are issued face to face at company’s branches. The company has already 220 employees…

Georgian credit lender Lendo will offer short-term, unsecured loans on the Mintos marketplace

25.07.2016

mintosblog

We are truly pleased to announce our new cooperation with Lendo, a non-bank credit lender from Georgia. Lendo will offer short-term unsecured loans on the Mintos platform.

The average loan will range around EUR 100 with a 30-day due date.  Lendo will offer a buyback guarantee for loans that are delinquent for more than 60 days.

To start with, the average annual net return for these loans is expected to be 14%. Initially, Lendo will also keep at least 15% of each loan that they place on the platform on its balance…