The cashback campaign has been discontinued on 16.10.2019
“Dear investors,
We are letting you know that since the unexpected activity and volume of investments, we are stopping the 1.5% cashback campaign today on 16.10.2019.
During the time of the cashback campaign we received an unexpectedly large sum of investments, that have significantly decreased the available loan volume on DoFinance platform. In order to ensure the already active investment activity and re-investing process, we have to temporarily stop the campaign, but we promise to continue this offer as soon as there will be enough loans available for new and existing investors!
The funds transferred and invested until today are still qualified for the bonus.”
As the active investment season is here, DoFinance have a special offer to DoFinance investors!
All new investments made until 01.11.2019 (with a minimum term of 6 months) will get a 1,5% cashback bonus! This means that now with DoFinance it is possible to earn up to 13,5% annually!
This offer will be valid for all programs, except the 4% and 5% auto-invest programs. All the investor needs to do – transfer new funds and make a new investment.
The bonus is usually added to the investors account in up to two working days after the investment has been made.
Each investor who use that code during registration will get a EUR 15 registration bonus. This bonus is transferred to the investment account of newly registered Brickstarter participant.
Besides that, investors will get an additional cashback bonus, calculated as 0.5% of the net amount, invested through the Brickstarter platform by the participant during 90 days from the date of completing the registration.
DoFinance informed that a new cashback opportunity is available at the portal to all registered participants.
How it works?
Campaign is valid from 08.07.2019 until 31.07.2019.
Within the terms of the campaign, DoFinance will give Cashback of 1% to all users who make any investment with the minimum investment term of atleast 6 months during the campaign period.
Mintos peer-to-peer lending marketplace informed that a new cashback opportunity is available at the portal to all registered participants: The Summer Holiday Cashback Campaign.
You can now earn a bonus of up to 1% when investing in loans listed in EUR from Varks, Tengo, Metrokredit, Peachy, Monego, Lendo, Sebo, Kredo, Kuki and Tigo.
How the program works?
The Summer Holiday Cashback Campaign is valid from June 5, 2019 to June 19, 2019
During the time indicated above, any Registered User has the right to participate in the Campaign
Participation in the Campaign grants the User a right to receive a cashback bonus for investmentsmade on the Primary Market in loans listed EUR of the following loan originators: Varks, Tengo, Metrokredit, Peachy, Monego, Lendo,Sebo, Kredo, Kuki and Tigo
To participate in the Campaign the User has to enroll in the Campaign on the Campaign page. After enrolling the User will see a confirmation messageabout being successfully enrolled in the Campaign.
Cashback is calculated for any new investments made on the Primary Market (both manually and via Auto Invest) in the loans of Loan Originators:
0.25% for loans with remaining maturity of up to 90 days
0.50% for loans with remaining maturity of 91-180 days
0.75% for loans with remaining maturity of 181-270 days
1.00% for loans with remaining maturity of above 270 days
The User can receive multiple cashbacks by making investments over the duration of the Campaign
Cashback is not calculated for:
investments made on the Secondary Market
investments made prior to enrolling in the Campaign
users who have not enrolled in the Campaign
The cashback is paid in one installment within 6 (six) working days from the investment date, if allterms and conditions have been fulfilled
The cashback is paid by Loan Originators based on the calculation provided by Mintos. Mintos acts asan intermediary and pays the User on behalf of Loan Originators by depositing electronic fundsequivalent to the cashback into the Virtual Account of the User
If you invest for the first time at Mintos don’t forget that you can get 1% cashback bonus for the investments made in the first three months (90 days), more details HERE.
The Albanian loan originator Kredo Finance has just launched its own cashback campaign on Mintos peer-to-peer lending marketplace. This special offer is valid for a limited time, from the 20th of May until the 3rd of June 2019
In order to receive the cashback bonus all you need to do is invest in Kredo Finance’s Albania-issued loans that have a maturity of 13 months or more. If you do this, you will receive a bonus of 2% regardless of how much you invest.
Only investments made on the Mintos primary market qualify. If you want to receive the cashback, you have to be enrolled in the campaign before making the investment.
About Kredo Finance:
Kredo Finance is a young but rapidly developing micro-lending market participant in Albania whose principal objective is to satisfy individuals’ short-term liquidity needs in a quick, simple and hassle-free manner.
The company is licensed and operates in accordance with the Central Bank of Albania. In addition to providing advanced online lending solutions, Kredo Finance has also an extensive branch network across the country and serves its clients through its 47 branches across Albania and is on track of reaching 100 branches by the end of the year.
Reinvest24 is celebrating it’s first bithday and informed that a new cashback opportunity is available at the portal to all registered participants.
How it works?
Campaign is valid from 12.05.2019 00:00 until 31.05.2019 23:59.
Within the terms of the campaign, the Reinvest24 will give Cashback to all users who make any investment in the amount of at least 1000 euros on the Reinvest24 platform during the campaign period.
The investment amount will be calculated as follows: the sum of all gross investments invested into any properties on the Reinvest24 platform. Funds simply deposited to the user’s Reinvest24 account and not invested into a selected property do not qualify as an investment amount.
The following Cashback rates shall apply:
1000 – 9999.99 Eur investment = Cashback 1% from the investment amount
10000 – … Eur investment = Cashback 1.5% from the investment amount
The Cashback amount will be paid out to all users within 24 hours after the end of the campaign to the users’ Reinvest24 accounts.
Every user has the right to either withdraw their Cashback amount or reinvest it into any property as per the standard Terms and Conditions of the Reinvest24 platform.
Reinvest24 is going to have at least 2 new properties listed on the platform during the campaign period.
Reinvest24 informed that a new cashback opportunity is available at the portal to all registered participants.
How it works?
Campaign is valid from 23.02.2019 00:00 until 11.03.2019 23:59.
Within the terms of the campaign, ReInvest24 will give Cashback to all users who make any investment in the amount of at least 500 euros on the Reinvest24 platform during the campaign period.
The investment amount will be calculated as follows: the sum of all gross investments invested into any properties on the Reinvest24 platform. Funds simply deposited to the user’s Reinvest24 account and not invested into a selected property do not qualify as an investment amount.
The following Cashback rates shall apply: 0 – 499.99 Eur investment = No Cashback
500 – 999.99 Eur investment = Cashback 0.5% from the investment amount
1000 – … Eur investment = Cashback 1% from the investment amount
The Cashback amount will be paid out to all users within 24 hours after the end of the campaign to the users’ Reinvest24 accounts.
Every user has the right to either withdraw their Cashback amount or reinvest it into any property as per the standard Terms and Conditions of the Reinvest24 platform.
Bulkestate OÜ has signed a purchase agreement for a property (land 2,077 square metres and building) located on Nometnu 18, Riga. The property is a part of Riga’s famous Art Noveau collection, a 4-storey apartment building in the Āgenskalns district. The surrounding area is a mix of residential houses and light commercial facilities. It is a convenient location, only 10 minutes away from the city centre and 15 minutes from the Riga airport. The building was owned and managed by the University of Latvia as a residential property.
The property includes 12 apartments and two commercial premises as well as an adjacent wooden building. All apartments and the wooden building have been reserved by buyers with contracted sales revenue 866,000 euros and 86.6 thousand euros paid to Bulkestate as a reservation deposit.
Location, quality of the building and significant discounts to the market price have facilitated fast sales process and high commitment from the buyers to complete the purchase.
Commercial premises will be sold after completion of apartment sales process. The expected sales price for these is 250 thousand euros.
Loan
The loan amount will comprise EUR 800,000 and will carry a 17% annual interest rate.
The loan will be used to finance payment of purchase price and transaction costs and will be repaid by payments for sold apartments.
Security
The loan is secured by a first rank mortgage on the building. The market price of the building has been defined as EUR 1,400,000 (LTV ratio is 57%).
The borrower
For technical reasons, loan agreement will be signed by LP Private Property SIA (a company controlled by Bulkestate OÜ) who will lend these funds to Bulkestate OÜ to pay the sellers of the building and associated transaction costs.
All funds received by Bulkestate from investors will remain at Bulkestate and will be directly used to complete the acquisition of the property.
Repayment schedule
Loan and accrued interest will be paid within 3 months.
Investors making EUR 10,000 or larger investment will receive 1% incentive payment from the invested amount (representing 4% annual interest rate), while
Investors making EUR 25,000 or larger investment will receive 2% incentive payment from the invested amount (representing 8% annual interest rate).
