Mintos is a p2p lending marketplace from Latvia, which provides retail investors with an easy and transparent way to invest in loans originated by a variety of alternative lending companies around the world. Investors can be both – Private persons and other businesses / institutional investors. Since launching in 2015, Mintos has demonstrated exponential growth and has become the world’s largest marketplace of its kind.

At Mintos, investors can invest in different types of loans originated by many different loan originators. On the other hand, by connecting to the Mintos marketplace, loan originators that have traditionally been balance sheet lenders can reap the benefits of the peer-to-peer lending model in funding their loans. Mintos is a leading p2p lending platform in Europe which have issued loans for ~300 million euros since the launch.

Key facts about Mintos:

Estimated annual returns: 11.84 % anually
Launched: 2015
Autoinvest: Yes
Loan security: Yes
Provision fund: No
Buyback guarantees: Yes
Investor verification By Mintos
Collateral Personal obligation of a borrower
Minimal investment: €10
Time to become invested: ~1-5 days
Time needed managing: Low
Regulation: Not regulated
Country of operation: Latvia
Borrowers verification: By the platform
Accepted currencies: EUR, CZK, PLN, DKK, GEL, RON, GBP
Accepts investors from: Europe, Asia

P2P lending

Mintos: Pros and Cons


  • Strong underwriting team
  • Defaults rate only 0.44% from all the loan portfolio
  • One of the fastest growing P2P lending marketplaces in Europe
  • Possibility to invest in EUR, CZK, PLN, DKK, GEL, RON, GBP
  • Good loan availability
  • Auto invest tool


  • No provision fund
  • Not Regulated


Lenndy, Bondora, Viainvest, RoboCash

Mintos review: What I have experienced so far…

This Lending platform is very friendly to foreign investors (or for those who do not speak Latvian language). Though, the process of registration was easy enough and most of the site is rather intuitive to use.The final step of registration requires to deposit money. There is a possibility to deposit funds in 7 different currencies:  EUR, CZK, PLN, DKK, GEL, RON, GBP. After you deposit funds you can convert without leaving Mintos dashboard:


However, even there are around 16000 loan offers most of those offers will be in Eur. Actually, I am not sure if it is worth to invest in different currencies as there is currency risk and your returns might be eaten very fast if the political and economical situation in certain countries will change.

Netherveless, There is a good supply of loans. Most of the investments in loans secured by buyback guarantees. So I don’t have to worry much about individual defaults risks of these loans but rather about the operator risk: will the loan provider be able to fullfill the buyback guarantees.

Minto’s has finally sorted out there auto-invest tool and it works perfectly. Simply set your investing criteria from the filters and Minto’s will do the rest. It is possible to get returns in the 20% range if you are willing to take high risks.

Mintos is one of my favorite p2p lending platforms. I think it’s worth considering, especially if you live in the EU to allocate some part of your portfolio to Mintos, especially if you are looking for a higher returns.


P2P lending

Written by Tomas Medeckis