No more fee for selling loans on the secondary market



Exciting news! Starting from today, November 1, 2017, we have removed the 1% fee for selling loans on the secondary market of the Mintos marketplace. This means from now on, there are absolutely no fees for investing through Mintos.

“A secondary market with no fee will greatly benefit our investors. We expect the secondary market to become even more liquid now. This is especially good news for investors who want to pursue a long-term investment strategy and invest in loans with longer maturity. In the case investors will need the liquidity before the loan matures, they will be able to…

Martins Valters: Deep Dive in the Secondary Market of Mintos



What does nearly 1.5 years of secondary market data reveal?

In this post we will analyze data from secondary market transactions for the period from Mintos’ launch in January 2015 through May 2016. At end of this article we also include a detailed list of secondary market transactions for the above-mentioned period.

Some of our investors have expressed concerns about loan flipping – that some investors buy loans on the primary market and then resell them to other investors in the secondary market by charging a premium and thus turning a quick profit. To address these concerns, we will also review…