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$Reinvest24 removes the 1% entry fee!
Starting from today there will be no fees when investing in newly published projects on the primary market. Read more information about this in the latest blog article: bit.ly/30JEI3f

My interview with Robocash Founder Sergey Sedov from Moscow is online. It was the first blogger interview for him so far. Sergey believes in profit from the beginning and is very sceptical about businesses which are working with too much debt. Enjoy!

We have added 2021 Q3 financials for two $Mintos loan originators: Creditstar and Iute Credit.

Creditstar - key figures:
Profit = € 2.1m
Assets = € 188.0m
Equity = € 38.3m
Debt = € 149.7m

Iute Credit - key figures:
Profit = € 4.4m
Assets = € 130.0m
Equity = € 23.7m
Debt = € 106.3m

The full reports can be viewed here: p2p.holdings/mintos/loan-originators



$Monestro allows payments with #Stripe!
To make investments more faster and secure, Monestro has selected Stripe, as a new payment service provider. Stripe helps you to fund your account easily by using VISA or Mastercard.

You can now register or log into your account, get verified as before and fund directly your account using the secured network. Your funds will instantly be available for investment.


$Monestro platform now offers a new consumer loans by DSA Invest SIA, a Latvian company. Loans will have a 10.8% interest rate with Buyback obligation. The minimum investment amount is 10 EUR.

How investment is protected?
- BuyBack Obligation
All loans contain a Buyback Obligation meaning the Loan Originator will buy back the loan principal and accrued interest when the borrower cannot repay within 60 days late.
- Voluntary Reserve
For all loans Voluntary Reserve is agreed, Monestro regularly pays 0,35-0,55% to the fund from outstanding portfolio. In the event that any Loan Originator does not comply with its Buyback obligation, the Voluntary Reserve is used to acquire the Claims from the Investors and make other pay-outs to investors.
- Skin in the Game
14.6%.




$Mintos Notes
Everything you need to know about: Mintos Notes base prospectuses
· The Mintos Notes base prospectuses will define Mintos-based structures such as association to lending companies, payment flows, and risks.
· Each lending company will have a dedicated base prospectus.
· Details not defined in the Mintos Notes base prospectus will be defined in the “Final Terms”
· The annexed document “Final Terms” will serve as an “identification card” for each Set of Notes.

$NEO Finance has published 2021 Q3 financials.

Highlights:

- Based on non-audited accounting data, income has grown significantly up to EUR 914 K. Compared to
2020 Q3, it increased by 34 %.
• Debt recovery costs decreased by 45 % from EUR 133 K to EUR 63 K.
• Salary expenses rose by 99 % from EUR 111 K to EUR 220 K.
• Number of registered users grew by 20 %, up to almost 125 K users.
• EUR 7,7 M of financed loans were granted.


Key figures:
Profit = € 0.3m
Assets = € 12.2m
Equity = € 2.2m
Debt = € 9.7m


We have added the 2020 annual report of IDF Eurasia.

Key figures:
Profit = € 4.2m
Assets = € 74.9m
Equity = € 18.6m
Debt = € 56.3m


During my 2 week trip to Russia I was 5 days in the Nowosibirsk Office of the Robocash Investment Platform. Take a look how it looks there. (just the beginning is in German, rest is in English):
youtu.be/fXOTl6eNYck



$Reinvest24 announces partnership with Kirsan Swiss GmBH. "Working as one team, we will be able to scale our business, offering an even more outstanding portfolio of real estate projects, protecting the interests of investors, as well as increasing the safety of our projects", says Tanel Orro, CEO of Reinvest24. Read more about it here. bit.ly/3mnD9jq


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