Tag Archives: Mintos

New cashback campaign on Mintos – The Summer Holiday Cashback Campaign

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.
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New cashback campaign on Mintos offered by Kredo Finance

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.

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IuteCredit grows on Mintos again by launching car loans from Moldova

IuteCredit has yet again expanded its presence on the Mintos p2p lending marketplace and has launched Moldova-issued car loans. This is in addition to the personal loans already offered for investment in the country by the loan originator.

IuteCredit Group commenced its operations in Moldova in 2008. It is currently one of the alternative finance market leaders in the country with a net loan portfolio of EUR 29 million as at the end of January 2019.

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.

What IuteCredit Moldova offers on Mintos:

  • Loans listed in EUR issued in Moldova;
  • The average car loan is EUR 4 000;
  • Net annual returns of up to up to 11% for its loans;
  • IuteCredit Moldova offers a buyback guarantee and will repurchase all loans delinquent for 60 days or more.
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New Mintos campaign – “First deposit with Trusly”

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Mintos peer-to-peer lending marketplace infomed today that a new campaign is available for first time investors until the end of December:  “First deposit using Trustly payment method”.

The “First deposit with Trustly” campaign is valid from December 5, 2018 to December 31, 2018.

What are the benefits?

  • investors deposits transferred through Trustly will be free of charge until the end of December
  • new registered investors will get a bonus of €5 in their account for the first deposit of €50 or more

How the program works?

  • register on Mintos marketplace
  • make the first deposit of minimum amount of EUR 50 or higher using Trustly payment method and invest at least EUR 50 in any type of loans within the Mintos platform (starting from December 5, 2018)
  • Mintos pays the reward within 3 working days after the investor has invested at least EUR 50 using Trustly

Conditions:

  • you must be a duly registered legal person or a natural person who is at least 18 years old
  • you have not made any investments in Mintos platform before December 5, 2018 or received “First deposit with Trustly” campaign email from Mintos
  • only deposits in EUR currency qualify

Don’t forget: Register through this link and you also get 1% bonus for your first 90 days investments (more information on our Cash-back & Bonuses page)

 

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Creditstar list their Estonia-issued loans on Mintos p2p lending marketplace

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Creditstar has increased the investment opportunities it offers on Mintos! Now, you can invest in personal loans issued by its Estonia-based subsidiary Monefit and earn net annual returns of up to 12% . This is in addition to Creditstar’s loans that are already available for investment issued in Poland, Spain, Czech Republic and Finland.

Established in 2013, Monefit offers its borrowers flexible revolving lines of credit, where the borrower chooses how much they need to borrow at any point in time and can manage the details through a mobile app.

Estonia-issued loans from Monefit on the marketplace will range from EUR 50 to EUR 3000 with a maturity up to 60 months. You can expect a net annual return of up to 12%.

All loans placed on Mintos by Monefit have a buyback guarantee and will be repurchased if the loan is delinquent for 60 days or more. The company will also keep 5% of each loan it places on the marketplace on its balance sheet to maintain its skin in the game. Monefit will have a group guarantee, meaning the obligations of Monefit will be guaranteed by Creditstar Group.

Creditstar Group was established in 2006 and provides consumer financial services in Europe. Creditstar is headquartered in Estonia, where the company is one of the largest providers of online credit. The company has gained the trust of more than half a million registered users in eight countries across Europe.

Creditstar Group has a strong equity position, with more than EUR 18 million in equity and EUR 85 million in assets. The company has also delivered consistent profitability every year since its inception in 2006. The aggregate net loan portfolio of Creditstar Group was EUR 78 million as of September 2018.

Creditstar Group puts a strong emphasis on responsible lending policies and high-quality customer service. The typical Creditstar customer is an active, young male, 26-35 years old, living in a small town. The company has a strict credit policy with only approximately 30% of applications accepted. Debt collection companies are involved in the recovery of non-performing loans.

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Estonia-based lender Placet Group is expanding its presence on Mintos marketplace

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Placet Group is expanding its presence on Mintos p2p lending marketplace. Because of this, investors now have the opportunity to invest in its Lithuania-based personal loans in addition to its Estonia-issued personal loans previously available on the marketplace. With this great opportunity investors can earn net annual returns of up to 9%!

Placet Group is a leading non-bank finance lender in Estonia. It started its operations more than a decade ago in 2005 and launched its first brand in Lithuania in 2011. The core values of the company include customer satisfaction that is the result of a high-quality service that is efficient and fast. Because of these values, the company has attracted over 200 000 unique customers in Lithuania.

The average Lithuania-issued personal loan from Placet Group on Mintos is around EUR 700, the total range of loans from the company on the marketplace is EUR 50 to EUR 14 500.

The repayment period ranges from 3 months up to 6 years, while 18 months is the most common repayment period. You can expect a net annual return of up to 9%.

All loans from Placet Group come with a buyback guarantee. This means, if a loan is delinquent for more than 60 days the loan originator will repurchase the loan. The company will also keep 10% skin in the game, to ensure its interests align with those of investors. Placet Group has a history of low delinquency rates. The percentage of its loan portfolio that is delinquent is around 5%.

Placet Group has disbursed around 540 000 loans in Lithuania worth EUR 70 million. At the end of 2017, its net loan portfolio in Lithuania amounted to EUR 9.5 million and the group net portfolio amounted to EUR 25 million.

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Lending & Finance Technologies (LF TECH) from Kazakhstan has launched on Mintos p2p marketplace

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Lending & Finance Technologies (LF TECH) from Kazakhstan has just launched on the Mintos peer-to-peer lending  marketplace and offers investors the opportunity to invest in its short-term consumer loans issued in Kazakhstan. The company is one of the leading short-term lenders in Kazakhstan and now lists its loans on Mintos in EUR and KZT for investment.

The company started its operations in 2012 when it opened its first branch. Since then, the group has opened 130 branches across the country, established its online product with an application review that’s less than 15 minutes, and expanded its presence in the Russian market. It aims to give its customers an individual approach, fast service and convenience when using its product. These benefits have attracted over 500 000 unique customers in Kazakhstan.

The average Kazakhstan-issued loan from LF TECH is EUR 100. The repayment period is up to 30 days and borrowers repay their loan in a single instalment. You can expect an annual net return of up to 11% for its loans listed in EUR and 18% for its KZT loans. In the future, LF TECH also plans to increase its offering on Mintos and place its car, and pawnbroking loans for investment.

All loans from LF TECH are secured with a buyback guarantee and will be repurchased if the loan is delinquent for 60 days or more. In addition, to ensure the interests of the loan originator are aligned with investors, the company will maintain 15% skin in the game.

The company is 100% equity funded, hence, maintains a very strong balance sheet position. Since 2012, it has disbursed around 1 252 000 loans in Kazakhstan worth EUR 122.3 million. At the end of September 2018, its net loan portfolio amounted to EUR 19 million. The company expects stable growth and profits for future years in its home market and Russia, as well as plans to continue its expansion in South East Asia.

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The Mintos Refer-a-Friend campaign is extended until December 3, 2018

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UPDATE: the promotion is extended until 08.01.2019

Mintos peer-to-peer lending marketplace infomed today that the Refer-a-Friend Program is extended until December 3, 2018 January 8, 2019.

How the program works?

In order to get the 0.75% bonus a promo code must be entered in the “Promo code” field during registration.

The promo code is: B7B9D7

Mintos will then reward both us and you with 0.75% of your invested amount. The bonus of up to EUR 250 will be calculated on the daily invested balance. It is calculated over a three month period: 30, 60, and 90 days after the registration date and it is paid in three instalments.

For example, we refer Sara, who starts investing in loans via Mintos marketplace. After 30 days, the average balance Sara has invested over the period is EUR 4000. Mintos will credit 0.75% of EUR 4000 (EUR 30) to our investor account, and another EUR 30 to Sara’s investor account. After 60 and 90 days, Mintos will review the average invested balance again and, if it increases, credit both our and Sara’s investor account accordingly.

The Mintos Refer-a-Friend promotion is available until Dec 03, 2018 Jan 8, 2019.

 

For other bonuses visit our Cash-back & Bonuses page.

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You can now invest in Latvia-issued loans from Creamfinance on Mintos p2p platform

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Creamfinance has expanded its offering on Mintos peer-to-peer lending marketplace as it has just placed Latvia-issued short-term and instalment loans for investment. Creamfinance has been ranked as the second-fastest growing company in Europe by the prestigious Inc. 5000 Europe ranking and you can invest in its loans from Latvia on the marketplace now and enjoy returns of up to 10%.

Consumer finance services provider, Creamfinance, was founded in 2012 in Latvia and has experienced consistent and fast growth ever since. The mission of Creamfinance is to make funds easily available to its borrowers. This is achieved by providing consumer loans online in a convenient and fast manner. The company utilises advanced algorithms and machine-learning capabilities to quickly evaluate and score its borrowers. Once borrowers apply for a loan, the average time it takes for the company to assess their creditworthiness is 50 seconds. In addition, it also offers a highly customised approach to its personal loan process and aims to become a one-click loan provider to consumers globally. As a result, the company has already attracted more than 93 000 customers in Latvia.

“Fintech is drastically changing our everyday lives and the business environment, especially during recent years. In addition to classic banks, the modern Fintech world includes increasingly more and sometimes much advanced financing solutions that bring together people with extra money with those who require it. We are confident that experience of Creamfinance Latvija in various countries around the world, the millions of customers and the state-of-the-art technology will provide added value and new opportunities for customers and businesses, who “meet” in Mintos platform, a business model of future available already today,” says Līga Treiliha, the CEO of Creamfinance Latvia.

On Mintos, you can invest in Creamfinance Latvia’s short-term and instalment loans listed in EUR. The average loan is EUR 350 and the repayment period is up to 14 months. You can expect a net annual return of up to 10%.

All loans from Creamfinance Latvia will come with a buyback guarantee and will be repurchased if the loan is delinquent for 60 days or more. To ensure its interests are aligned with investors on Mintos, it will also maintain 5% of each loan placed on Mintos on its balance sheet.

As of December 31, 2017, Creamfinance Group had an outstanding net loan portfolio of more than EUR 40 million and achieved an annual revenue of EUR 44 million. By the end of 2017, Creamfinance had issued total principal amounting to over EUR 400 million since 2012.

Creamfinance also announced recently that its key strategic investor – Capitec Bank – increased its involvement in the Company. The initial investment agreement was signed in March 2017, and stated that Capitec Bank would acquire a 40% stake in the Creamfinance Group for the total of EUR 21 million in three tranches. The first tranche was paid in March 2017 (EUR 6.7 million). As a result of meeting of the financial covenants agreed in 2017, Creamfinance received the next capital injections of EUR 3 million each in June 2018 and September 2018 together constituting the second tranche . The increased investment from such a major player confirms Creamfinance’s reputation as a reliable loan originator on Mintos.

Currently, Creamfinance operates in seven countries – Latvia, Poland, Czech Republic, Georgia, Denmark, Spain and Mexico and has an IT office in Austria.

To obtain exposure to Creamfinance loans, investors will be able to invest in loans issued by Mintos Finance to Creamfinance, where repayments depend on the borrower’s payments. Each loan issued by Mintos Finance to Creamfinance will be pegged to a respective loan issued by Creamfinance to the final borrower. Mintos Finance is a Mintos group company.

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