Crowdinvestments
Riga, Latvia.
Mintos is a global award-winning marketplace that offers loans as a new alternative investment type to retail investors. As the leading platform in continental Europe with 340,000 investors, 28 million loans funded and a 45% market share, Mintos is fundraising to fuel growth and expand its product range.
I knew mintos before investing in it through crowdfunding and this was one of the reasons I decided to invest. I’ve gotten yields close to 10% per annum in Euros since I joined the platform.Â
My biggest learning was that diversification (as always is key), since my yields were impacted due to the conflict between Russia & Ukraine. Mintos did have a substantial amount of loans in the region. That being said, I am surprised to see that both with this, plus COVID, the impact on my yields was not severe. With this, my yields went down from ~10% to ~8%.Â
Here is my invite link, use it and I’ll get a reward 🙂