Another significant milestone has been met by the Mintos marketplace for loans – in three years since its establishment, it has exceeded the half a billion euro mark in cumulative investments by investors. According to Altfi Data, Mintos currently is the leading player in the peer-to-peer lending market in Continental Europe with 39% of market share.
About EUR 1.5 million is invested in loans through Mintos daily, which is three times more than just a year ago. The average historic net annual return for investors over the past three years has been 11.9%.
Mintos is growing fast, which is reflected in the rapid expansion on both sides of the marketplace. On the investor side, about 3 500 new investors join Mintos each month. As of February 2018, there are 50 000 investors from 65 countries on the Mintos marketplace.
On the supply side of the marketplace, there are 35 loan originators from 21 countries on four continents – Europe, Asia, Africa and South America. This makes Mintos the world’s largest marketplace of its kind.
Martins Sulte, CEO and Co-founder of Mintos says: “We are proud of the results achieved so far and look forward to continued growth. We anticipate the size of our company, the number of loans and loan originators on our marketplace will grow significantly over the next few years, offering our investors even greater opportunities for great returns and diversification within a single marketplace. Our goal is to provide a free movement of capital that works for the benefit of investors and borrowers.”