IuteCredit reports unaudited results for 12M/2022
Results reported showed impressive growth across several key performance indicators, indicating that the group is well on its way to becoming a profitable fintech bank. The company has provided the following operational and financial information: The strategic highlights for the year include an increase in the number of active customers, doubling of equity, and the […]
DelfinGroup reports 40% profit increase in 2022
DelfinGroup reports that the company increased its profits by 40% in 2022, reaching €7.3 million, while income amounted to €35.1 million according to the company’s unaudited financial results for 2022. The company further shares that its loan portfolio increased by 54% to €67.4 million, while EBITDA increased to €13.1 million, a 29% growth compared to […]
Mintos to launch new Overdue page
We’re launching a new Overdue page on 6 March 2023 to improve transparency around overdue payments. This page will show you a breakdown of your payments that are in recovery and the recovered amounts. It will replace the current “In Recovery” page on your Mintos account and will be accessed the same way. We’re also […]
Update on Wowwo
In July 2022, we filed a claim against Wowwo with the competent arbitration court (the Court of Arbitration of the Association of Latvian Commercial Banks) to recover amounts owed to investors. As the court proceedings have completed, we are now able to share an update with you. The arbitration court’s decision In February 2023 the […]
Eleving Group reports €71.8m EBITDA in 2022
Eleving Group reports steady growth and robust profitability figures in 2022. The company highlights that it increased its net portfolio by 17.8% compared to 2021, while adjusted net profit before FX reached €27.3m. The company has provided the following operational and financial information: Eleving Group closed the 2022 financial year with an adjusted EBITDA of […]
The Investor Toomas Conference: Watch Mintos CEO Martins Sulte’s Discussion
Mintos CEO and Co-Founder Martins Sulte’s discussion with Kristi Saare at the Investor Toomas conference is now available to watch on our website! They discussed the challenges Mintos has faced, like the COVID-19 crisis, and the effects of the war in Ukraine. Sulte provided insights into how Mintos has evolved throughout its 7-year history, and […]
