GetBucks

GetBucks
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 884.1 M
Loan portfolio Loans issued by the lending company to borrowers at the time of the most recent financial statement that are current or less than 60 days late.
€ 100.4 M
Buyback obligation A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
With a buyback obligation
Skin in the Game To ensure the interests of a lending company and investors are aligned, the company is required to keep a stake of each investment opportunity it offers through Mintos. This is called the company's skin in the game.
5%
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
Website:
za.getbucks.com
Founded:
2011
Employees:
1063 (group)
Loan Types: The type of linked assets the lending company has issued.
Personal loan Personal loan
Short-term loan Short-term loan
Countries: Countries in which the linked assets were issued by the lending or rental company.
Currencies: Currencies in which investment opportunities from the company are offered.
EUR, USD
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
€ 0

Recent News

14.02.2022

Mintos registered a claim in the case of MyBucks SA bankruptcy in Luxembourg

01.02.2021

Finclusion changes name of entity Getbucks to smartadvance
All News

About

GetBucks is a part of MyBucks S.A., which is a fintech company based in Luxembourg that delivers seamless financial services through technology. Through its different brands, the company offers customers unsecured consumer loans, banking solutions, and insurance products. On 30 April 2020, GetBucks Botswana and Zambia were suspended from the Primary and Secondary Markets due to failing to fulfil their payment obligations in full to Mintos investors.

Presentation

Presentation

Last Updated: 06.05.2020

Financials

Financials

Last Updated: 06.05.2020