Changes in Mogo’s claim composition

13.07.2018

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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.

Starting from July 16, 2018, the following changes will be made in the claim composition of the investments offered to Mintos investors:

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

12.07.2018

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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.

Starting from July 13, 2018, Mogo will partially repurchase loans from investors on Mintos using their call option as stipulated in the assignment agreement. During July, Mogo plans to gradually repurchase in total up to EUR 16 million net of loans issued to borrowers in Bulgaria, Estonia, Latvia, Lithuania, Poland, and Romania and funded through Mintos. More specifically, Mogo…

Mogo has issued a bond worth EUR 50 million

29.06.2018

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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.

The size and coupon rate of the bond is a…

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

18.06.2018

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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!

In terms of loans funded, Mogo is one of the largest loan originators on Mintos. The company was established in 2012 in Latvia and joined Mintos in March 2015 and it currently offers investment opportunities in Bulgaria, Estonia, Latvia, Lithuania, Poland, Romania and now Moldova. The company began issuing loans in…

Latvia: a fast-growing alternative finance industry

12.06.2018

mintosblog

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,…

Mogo now offers investment opportunities in Georgia

05.06.2018

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Mogo is now offering you even more investment opportunities on the marketplace, as Mogo Georgia has just launched on Mintos. Mogo is the largest non-bank car loan provider in the Baltic region, and Mogo Georgia is a market leader for non-bank car loans in Georgia. You can now invest in its Georgia-issued secured car loans listed in Euro (EUR) and Georgian lari (GEL) on the marketplace.

Established in 2012, Mogo’s business model is based on its fast customer service and open communication. As a result, the company has more than 40 000 clients worldwide. Headquartered in…

The Mogo cashback campaign has been extended until June!

16.05.2018

mintosblog

Mogo is yet again extending its cashback campaign! Now, until June 16, 2018, you can earn a cashback of up to 5% if you invest in its loans with a maturity of one year or more.

You will get a cashback of:

– 1% for investing in Mogo loans with a maturity of 12 to 23 months;

– 2% for investing in Mogo loans with a maturity of 24 to 35 months;

– 3% for investing in Mogo loans with a maturity of 36 to 47 months;

– 4% for investing in…

The Mogo cashback campaign has been extended until May!

17.04.2018

mintosblog

Mogo wants to make sure you get the best from its cashback campaign, so the loan originator has extended its cashback campaign until May 16, 2018. This means you can still earn a cashback of up to 5% if you invest in its loans with maturities of one year or more.

You will get a cashback of:

– 1% for investing in Mogo loans with a maturity of 12 to 23 months;

– 2% for investing in Mogo loans with a maturity of 24 to 35 months;

– 3% for investing in Mogo…

Mogo has expanded its cashback campaign!

05.04.2018

mintosblog

We have great news for our investors who have been enjoying Mogo’s cashback campaign! From April 5, 2018, until April 16, 2018, Mogo has expanded its cashback campaign and now offers you the opportunity to earn a cashback of up to 5% if you invest in its loans with a maturity of one year or more.

You will now get a cashback of:

– 1% for investing in Mogo loans with a maturity of 12 to 23 months;

– 2% for investing in Mogo loans with a maturity of 24 to 35 months;

Mogo cashback campaign extended until April!

16.03.2018

mintosblog

Due to popular demand, Mogo has once again extended its cashback campaign by an extra month. Now, until April 16, 2018, if you invest in Mogo loans with a maturity of four years or more you can get a cashback of up to 5%! You will get an instant cashback of:

– 4% for investing in Mogo loans with a maturity of 48 to 59 months,

– 5% for investing in Mogo loans with a maturity of 60 months or more.

Make sure you enrol in the campaign before you make your investments.