New regulations will soon be implemented in the Georgian non-bank lending industry. These regulations, which have been approved by the National Bank of Georgia, set a limit for encumbered (pledged) assets ratio. (more…)
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. (more…)
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. (more…)
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. (more…)
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. (more…)
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. (more…)