$Robocash improve interest payments for long-term loans.
"..starting from December 16, 2021 (inclusive), investors who have purchased long term loans for a period of 90 days and longer will be receiving monthly interest payments every 30 days. The starting point for the payments will be the date the loan was purchased."

UK's P2P platform $Zopa has announced the closure of their retail investing business.

Zopa Bank will be buying the P2P loan portfolio and investors will receive their investment balances back by the end of January.
As reasons for the closure Zopa mentions that customer trust in P2P investing has been damaged by some other businesses whose approach led to losses for investors. They add that the changing regulation has increased the operational costs of running the business and attracting new investors. ''To offset these increased costs and ensure we have a sustainable and profitable business, we’d need to reduce investor returns to a point where they’d no longer be attractive and commensurate with the risk that investors take on.''

Creditstar has published the 2020 financial report, with a qualified opinion from KPMG.
The reason for the qualified opinion is that the company had revalued upwards the value of intangible assets in both 2019 and 2020, which is not permitted under the Estonian accounting standards.

Key figures:
Profit = € 5.5m
Assets = € 160.0m
Equity = € 30.6m
Debt = € 129.3m

$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:

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:

$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

$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.