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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.
Mogo Group launches loans from yet another country on Mintos – Kazakhstan. Mogo Kazakhstan offers a great opportunity to earn annual returns of up to 12% for its loans listed in euro (EUR) and up to 18% for its loans listed in tenge (KZT). (more…)
Mogo Finance, a global used-car loan provider and one of the biggest loan originators on Mintos, ended 2019 with consolidated revenues of €76.7 million and a profit of €6.2 million. Compared to 2018, the company saw revenue growth of 41% while its profit grew by 35%. (more…)
Mogo now extends the offer by adding loans at higher interest rate without buyback guarantee and introducing risk categories
Mogo Group, one of the largest used-car financing companies in Europe, extends its offering on Mintos once again by adding a new higher-yielding investment product to the platform. Mogo loans without the buyback guarantee are available again on the marketplace. Moreover, you can now tailor your investments according to loan risk categories which are based on loan originators’ unique internal scoring models. (more…)
Mogo group has successfully placed a EUR 25 million tap issue of its 9.50% corporate bond 2018/2022 (XS1831877755) at 95% plus accrued interest. Listing of the bonds on the Frankfurt Stock Exchange’s regulated market (General Standard) is based on the securities prospectus approved by the CSSF (Luxembourg supervisory authority). (more…)
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, 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…)
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…)
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…)