Mogo Group adds loans for investment from its 10th country on Mintos – Belarus!



Mogo Group, one of the largest used-car financing companies in Europe, has expanded its presence on Mintos once again by adding car loans from Belarus. With this development, Mogo Group now offers investment opportunities from 10 different countries on the marketplace. (more…)

Mogo Finance achieves a new milestone, B- (Stable outlook) rating from Fitch Ratings



Mogo Finance, one of the largest used-car financing companies in Europe, has recently announced a new milestone, as Mogo Finance and its group companies have received a B- “Stable Outlook” rating from Fitch Ratings. (more…)

Mogo Finance S.A. now provides group guarantee on Mintos



On Mintos, we have a number of risk mitigation layers in place. One of these layers includes the parent company or group guaranteeing the obligations, that is ensuring the buyback guarantee is fulfilled, of a loan originator on Mintos. (more…)

Mogo adds car loans from yet another country on Mintos – Armenia!



The opportunities from the largest non-bank car loan financier in the Baltics, Mogo, have grown once again on Mintos. From today, you now have the chance to invest in its car loans issued in a new country, Armenia, on the marketplace. (more…)

Mogo Finance successfully places EUR 25 million tap on existing 9.50% corporate bond 2018/2022



Mintos is happy to announce that on November 9 Mogo group has successfully placed the tap issue of EUR 25 million of their corporate bond 2018/2022 (XS1831877755) at a coupon rate of 9.50%. After the tap issue, the total amount outstanding of Mogo corporate bond issued in Frankfurt Stock Exchange amounts to EUR 75 million. (more…)

Changes in Mogo’s claim composition



We would like to inform you that Mogo will change the claim composition for its new loans offered on the Mintos marketplace, starting July 16, 2018.

The claim composition of loans offered on the Mintos marketplace can include interest, late payment interest and penalties; with interest being the main source of income for investors. The exact composition is determined by the loan originator, taking into account its preferences and the underlying loan agreement. (more…)

Mogo will repurchase part of its loans on Mintos following the bond issuance



Following the successful issuance of a EUR 50 million bond, secured car loan provider Mogo will refinance its existing funding facilities. Among others, this will include loans funded by investors on Mintos. (more…)

Mogo has issued a bond worth EUR 50 million



Mintos is happy to announce that on June 25, 2018, Mogo group issued a bond worth EUR 50 million, with an annual interest rate of 9.5% (ISIN XS1831877755). The settlement of the bond is to be expected on July 11, 2018. On the same date, the bond with a denomination of EUR 1 000 will be available on the secondary market of the Frankfurt Stock Exchange (the Open Market of the Frankfurt Stock Exchange) for retail investors. Read more

You can invest in Mogo’s Moldova-issued car loans now



Mogo, the largest non-bank car loan financer in the Baltics, has yet again increased its offering to investors on Mintos! The company has added its car loans from Moldova for investment with expected net annual returns of up to 14% – so don’t miss out! (more…)

Latvia: a fast-growing alternative finance industry



On Mintos, you can now invest in loans issued in 23 countries on five continents around the world. This means you have the opportunity to effectively diversify your investment portfolio and increase your chances of success. However, it can also be daunting to have so many options to choose from and know which investment geographies are right for you. To help you make a more informed decision, we present the second article of our country overview series on Mintos, taking a look at Latvia. You can read the first article in this series, which focused on Poland,…