Mintos review – Results after 18 months

This Mintos review is 100% unbiased and based on my own experiences after one year of investing.

What is Mintos?

Firstly, as Mintos has a unique business model, and they are not a P2P lending company but a marketplace for loans, they often find there can be some confusion. Mintos affiliates find it very beneficial to give their audience an overview of what Mintos is and how they are different from the rest of the competition.

Mintos is the leading peer-to-peer lending marketplace in continental Europe that connects investors with borrowers of various loan originators from around the world. It is an easy and transparent alternative to the traditional banking system.
The platform launched in January 2015. It currently serves 63 loan originators and more than 146 965 investors from 70 countries. Mintos has funded close to 2.5 billion euros since it started.


Why invest through mintos

NEW PRODUCT – Mintos Invest&Access

On 10th of June 2019, Mintos came out with a new product called Mintos Invest&Acccess.

Mintos Invest&Access is a similar product to Bondora’s Go & Grow, except Mintos Invest and Access offers returns up to 12% instead of Bondora’s 6,75%.

Read more about Mintos Invest and Access here –


Mintos AltFI award

Mintos won the People’s Choice in the 2017 AltFi Awards

“The highly-anticipated results for the 2017 AltFi Awards are in and we have fantastic news! Thanks to the support of our investors, Mintos has been voted as the People’s Choice for 2017. We sincerely thank everyone who voted and encouraged others to vote for the Mintos marketplace.”

This confirms that Mintos is truly the leading peer-to-peer lending marketplace in continental Europe.

How do I create an account?

It is very easy. All you need to do is fill out our registration form here.

How to transfer money to your Mintos account?

You can transfer money to your Mintos account from your bank or e-money account. Transfers in EUR can be done easily and at low cost using SEPA (Single Euro Payments Area) transfers. If you have money in currency other than EUR, you can transfer it using money transfer service.

Can companies invest?

Yes, companies can invest through Mintos. To comply with AML requirements, we request additional information from companies, such as registration documents, information about ultimate beneficial owners, identification of a company representative, as well as any other documentation deemed necessary in each case.

What and how to use Mintos auto invest?

Above all, Auto Invest automatically implements your chosen investment strategy. After you have entered your investment criteria, Auto Invest will automatically invest in suitable loans. You can access Auto Invest at any time and follow your portfolio activity in real time to make sure it is working according to your investment goals. Auto Invest is a very efficient tool for saving time spent on investment activities. It also allows you to access newly placed loans in the system before manually-made investments.

You can pause or cancel Auto Invest at any time.

However, once you have confirmed your investment criteria, Auto Invest will review loan listings and invest funds in loans that meet them. Therefore, Auto Invest will then continue to automatically analyze and invest in suitable new loans as soon as they are listed. If you change any Auto Invest setting, all available loan listings will be rechecked to make sure they meet your investment criteria.

What is Mintos secondary market?

The secondary market is a place where investors can place their investments for sale to other registered Mintos investors.
Benefits to investors selling loans on the secondary market include:
– more liquidity for their investments, whichever allows access to funds when necessary;
– opportunities to profit by selling investments at a premium.

Benefits to investors buying loans on the secondary market:
– opportunities to make investments in loans not available on the primary market;
– opportunities to profit by buying loans at a discount.

Mintos Invest&Access vs Auto Invest vs Manual Investing

How is interest calculated?

Interest is calculated on a daily basis and it is measured against the amount you have invested in loans on the respective day.
In contrast, the formula for calculating interest is as follows: Invested amount * Amount of days * Interest rate/360.

How does Mintos mitigate risks?

As with any investment, there are some degrees of risk. On Mintos website, they clearly outline these risks and urge investors to evaluate them before making an investment. On Mintos, they have several layers of risk mitigation to make investments on our marketplace as secure as possible. This includes buyback guarantee. If a loan comes with buyback guarantee, the loan originator guarantees to buy back loans that are 60 or more days late. This reduces the risk of an investor losing money if the borrower does not repay their loan.
In addition, each loan originator is required to keep a certain percentage of each loan they place on Mintos on their balance sheets. This is called skin in the game. This ensures that the interests of the investors are closely aligned with the interests of the loan originators.

Before a loan originator joins Mintos, they perform a thorough due diligence before connecting them. This is done in order for Mintos to be confident in their ability to originate quality loans and service them thereafter. Once a loan originator has connected to Mintos platform they continue monitoring their financial performance and the quality of the loans they place on Mintos.

Mintos buyback guarantee

At the time of writing a massive 125 020 loans are available on the primary market. Only 199 of these have no buyback guarantee.

But what is the definition of a buyback guarantee on Mintos?

A buyback guarantee is a guarantee issued by the loan originator to the investor for a particular loan, that confirms the loan originator will repurchase the loan from the investor if that particular loan is delayed by more than 60 days. If a loan with a buyback guarantee is delayed by more than 60 days, the loan is automatically bought back by the loan originator from the investor at the nominal value of outstanding principal, plus accrued interest income.

Personally I think the buyback guarantee makes P2P lending much more appealing to the average investor!

What if a loan originator goes bankrupt?

It’s unlikely that all loan originators will perform flawlessly for all eternity. P2P lending is a booming industry and “survival of the fittest” also applies here. After nearly 3,5 years of service Mintos has experienced problems with 1 loan originator: EUROCENT.

Since June 8, 2017, more than half of the invested principal has been recovered. I will not go too much into detail in this post, just be aware that default of a loan originator is likely to happen.

You can read more about the EUROCENT default in the Mintos Blog.

Setting up Auto-Invest

Like most platforms, Mintos has an “Mintos Auto Invest” feature and it is a single most popular feature of the Mintos marketplace – more than 75% of investors actively use it. So you don’t have to select loans manually every time your account has cash available. Auto Invest automatically implements your chosen investment strategy. After you have entered your investment criteria, Mintos Auto Invest will automatically invest in suitable loans.

My Mintos portfolio is not diversified much. I’d rather maximize the potential on each platform and spread the risk between different platforms instead, but that’s just a personal preference. I cannot give you any specific advise on who and what to invest in, but I can show you how I have set up my auto-invest.

My Mintos Auto Invest settings

Below you can see my current Auto Invest settings.

Mintos review: Conclusion

The biggest plus about Mintos is probably all the options you have for diversifying your investments.

If you’re looking for a trusted P2P platform with a long working history and prime diversification options there’s no way around Mintos. They have a really well working platform and good support as well. Combined with the generous buyback campaigns, Mintos is a must have platform in your P2P portfolio.



Join Mintos today and get 1% cashback bonus

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Mintos has arranged a deal with me, which gives you an exclusive 1% bonus on all investments you make within the first 90 days from your registration if you sign up through one of my links. You will not get this bonus if you sign up directly on

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Join Mintos to receive and exclusive 1% bonus


My account overview at

You can see my portfolio here –

Mintos company account overview in may 2019

Please share your opinion

Are you already an investor at Mintos? Please share your thoughts on the platform in the comments section below. Does it meet you expectations? Do you try to diversify as much as possible, or do you prefer to invest in a few quality partners? How much of your portfolio would you be willing to invest into a P2P platform like this?

Other options

Be sure to check out My Portfolio for other great investment opportunities. I publish monthly updates of my portfolio.