Blog | Mintos (2024)

FAQs

How does Mintos earn money? ›

How Mintos makes money. Our main source of income is the commission we take from lending companies when they fund their originated loans through Mintos. Investing activities are free, apart from the fees and charges for additional services listed on this page.

Is Mintos the safest P2P? Relatively yes, but P2P lending investing is never risk-free. It is normal to have late and defaulted loans on Mintos, and there is not too much to worry about it because slowly they tend to recover this debt.

Mintos Core ETF is your personalized investment portfolio crafted from hand-picked ETFs. It includes different types of investments, such as stocks and bonds. Your exact portfolio depends on how much risk you're willing to take, and how long you plan to hold your investments.

Your funds should be in your account in 1-3 business days for SEPA transfers and 3-5 business days for SWIFT transfers and transfers from outside the EEA. If you use a third-party payment service such as Wise or Revolut, you may need to provide additional information.

Mintos makes it easy for you to invest your money at good returns. As the platform does not charge any fees for investments in the primary market, you benefit from your return in full. However, you also bear the risk of non-payment.

Start investing from just €50, or build portfolios of any size. Automate your investments to save time.

To cover some of the costs of holding uninvested funds on behalf of investors, we charge a monthly fee exclusively for inactive investors. The fee amounts to €2.90 per month, and is charged only to investors who haven't invested or sold investments for 6 consecutive months or more.

We're happy to share that we've reached a new milestone of 500 000 registered users on Mintos. Over the course of 2022, we experienced a steady growth in registrations, with an average of 4372 users joining each month. We're very excited to see that the trend towards more women investing continues.

Mintos was founded in 2014 by Martins Sulte and Martins Valters. Today, we have an international team of 150+ employees from over 20 countries based in our offices in Riga and Berlin.

How do you use Mintos? ›

To cover some of the costs of holding uninvested funds on behalf of investors, we charge a monthly fee exclusively for inactive investors. The fee amounts to €2.90 per month, and is charged only to investors who haven't invested or sold investments for 6 consecutive months or more.

P2P lending works as the much-needed mechanism through which people who want to give loans connect with those who require money. The borrowers pay interest, and the investors/lenders earn interest.

Robinhood makes money in many ways, notably through a system known as payment for order flow. That is, Robinhood routes its users' orders through a market maker who actually makes the trades and compensates Robinhood for the business at a rate of a fraction of a cent per share.

There are a few ways zero-commission brokerages can generate revenue without charging commissions: Payment for order flow (PFOF). Commission-free brokers typically receive payment (in the form of rebates) from market makers, who pay for the privilege of buying what you sell and selling what you buy.