Polish lender Dziesiątka Finanse joins Mintos. Poland is a key investment geography for us here at Mintos. That’s why we are pleased to announce that the number of loan originators that offer investment opportunities in the country has expanded from 10 to 11, with the launch of Dziesiątka Finanse on the marketplace.

Dziesiątka Finanse is a Polish loan company operating in the personal (instalment) loan industry. The company offers borrowers loans for whatever purpose (after customer verification) they may need. Customers can apply for a loan via their website or through an agent over the phone, in the amount ranging from PLN 500 to PLN 15,000 (EUR 116 to EUR 3,480), and the money will be delivered to the client’s home.

Dziesiątka Finanse – a recognised name in Poland

The loan originator is an established player in the lending market in Poland, having operated in the country for 18 years. In the last eight of those years, the company has operated under the name Dziesiątka Finanse.

Last year in March, the company was acquired by the Credit Royal Group. Since then, the loan originator has been growing quickly and in one year, has managed to increase the scale of its operations by fourfold.

Credit Royal® is a company that was founded in 2012, operating in the area of financial and legal services. Credit Royal® is made up of specialists and recognised experts. The knowledge and experience of Credit Royal® Management Board members is a huge asset to the company.

Since its establishment, Dziesiątka Finanse had issued 44,115 loans worth PLN 52.6 million (EUR 12.2 million) as of May 2019 and a net portfolio size of EUR 2.5 million. It has also managed to attract 9,264 clients.

Dziesiątka Finanse has a far-sighted motivation to join Mintos. With the launch on the marketplace, the company wants to gain access to the wider market by starting its activities in Spain in 2020 and with its ultimate goal of being one of the largest loan companies in Poland and extend its activities outside of Poland.

Dziesiątka Finanse on Mintos

Dziesiątka Finanse now offers its Poland-issued personal loans on Mintos, listed in PLN and EUR. The loans range from PLN 500 to PLN 15,000 with a maturity of up to 2 years. The loans are repaid in weekly instalments. You can expect a net annual return of up to 14% for loans listed in both EUR and PLN.

All of Dziesiątka Finanse’s loans on Mintos come with a buyback guarantee. That means, if a loan is delinquent for 60 days or more, it will be repurchased by the loan originator. In addition, the company will keep 10% of all loans placed on the marketplace on its balance sheet to keep its skin in the game