Mintos Review 2019

0 / 5
Overall score
Risk/Reward
4.5/5

Good diversification opportunities due to more than 60 loan originators and large number of loans

Easiness of use
5/5

Great intuitive website with many features, easy registration and multiple available languages

Protection
4/5

Some lenders are very small with a limited track record. Buyback guarantee, but only  triggered after a 60 days delay. 

Return
4.5/5

While interest rates can vary greatly depending on supply and demand, the overall performance -historical average of 12%- is excellent

WE LIKE

  • #1 platform in terms of volume, stable company
  • Good diversification opportunities
  • Large and growing number of lenders
  • Fully featured and easy to use website
  • Active secondary market

WE DON'T LIKE

  • Variance in quality between lenders is very high
  • Not regulated

SUMMARY

Mintos is a must-have platform for both beginning and more experienced investors. It’s fully-featured platform provides ample opportunities for diversifying your portfolio and achieving an average return of 12%.

HISTORICAL AVG. RETURN

12%

Loan Types

CONSUMER LOANS, BUSINESS LOANS

YEAR LAUNCHED

2015

TOTAL INVESTED

€ 3.5b

TRUSTPILOT RATING

4.4/5

BUYBACK

YES

SEC. MARKET

YES

AUTO-INVEST

YES

Mintos Overview

Mintos is one of the biggest and best known P2P lending sites. If you are considering investing through the platform, we recommend using this Mintos review to assess how reliable and secure Mintos is for investors. 

What is Mintos?

Mintos is one of Europe’s largest P2P lending platforms. Since entering the crowdlending market at the beginning of 2015, they have now grown to be the largest platform of its kind. 

They currently have over 175,000 registered investors from over 70 countries, and over 60 loan originators. So far, more than €3.5 billion of loans have been purchased through Mintos.

mintos3

How does Mintos work?

Once an account is opened and funded, investors can choose from over 450,000 loans available to purchase from the primary market (direct from lenders) or secondary market (from other investors). 

Mintos offers 14 different filters to help investors find the most suitable loans. Investors can choose how much of any individual loan they wish to purchase. Investors can select loans individually or alternatively make use of the auto-invest tool.

Is Mintos safe to use?

To review how safe Mintos is to invest in, we consider 3 main areas:

In general, Mintos can be considered a safe platform. The company has facilitated more than 3.5b euro in loans and is profitable since 2017.

The site is well secured including two-factor authentication.

There are many loans on the Mintos platform with large variety of return and risk profile. By choosing loans in you own currency with buyback guarantee on the primary market you can lower the risk profile.

In the 60+ loan originators on Mintos there is a large variety, from small originators with limited track record to large, profitable companies with an excellent track record. It is wise therefore to select loan originators carefully. The Mintos screening and rating is useful in selecting the loan originators.

Mintos makes an effort to secure their investors, but your investment strategy is equally important to limit the risks and build in protection. You can consider the following components in your investment strategy:

  • Only invest in loans with buyback guarantee
  • Select multiple loan originators
  • Diversify between multiple loan types
  • Diversify between multiple loans
Mintos total loans funded