Mintos review

Mintos review

Mintos’s overview

Mintos is a leading peer-to-peer platform; they offer a huge volume of loans of all kinds and durations.

My opinion on Mintos

Last year’s interest rates drop now seems to be far away, as interest rates at Mintos are again among the highest for peer-to-peer loans. In addition, the huge loans volume ensures that you’ll always find loans matching your investment preferences ! Overall, this platform is still an excellent choice.

Detailed ratings

Interest rates

While interest rates decreased last year, in Spring 2019 they jumped again to excellent levels – up to 15% -.

Loans liquidity

Mintos‘s huge number of originators ensures a large volume of loans.


Plenty of filters are available for your investments, and account statement is very clear.

Buyback guarantee

Standard buyback conditions.

Website ergonomics

In spite of the extreme ability to customize things such as auto-invest, the website is extremely easy to use. They don’t hesitate to re-design parts that don’t work well anymore.

Mintos’s pros & cons


  • A huge quantity of loans available, for virtually any duration
  • The platform features many originators, allowing you to diversify your portfolio
  • Opportunity to invest in many countries and different currencies
  • Overall ergonomics is excellent
  • Opportunity to invest in pre-defined strategies


  • Auto-invest can be tricky to configure for beginners
  • Interest rates have recently dropped significantly

Loans characteristics

Loans duration

1 month to 1 year

More than 1 year

Loans kind




Minimal investment


Buyback guarantee

Buyback guarantee available














Available loans

Mintos offers an impressive array of loan kinds, in many countries. You’ll setup a different profile for each currency, choose the minimal interest rate, which originators to include… possibilities are nearly limitless.

The platform features both secured and unsecured loans. I initially invested in secured loans in Euro with a duration shorter than one year; however, currently I also invest in long-term loans (5 years or more). For secured Euro loans, the maximal interest rate available as of May 2019 is as high as 15.1%; after a few months of lowered interest rates, the large array of originators allows for great interest rates again !

I used to have a much more speculative GEL (that’s Georgian Lari) portfolio which was totally invested in short-term loans, offering a nice 17% interest rate. However, performance suffered from the exchange rate variations, and from Mintos’ FX conversion commissions so I ended up killing this portfolio.

A great way to boost your returns is to sign up for Mintos’ campaigns, and direct your investments accordingly. For example, they may give 1% cashback if you invest in loans from a given originator, or in long-term loans. Campaigns change often, so it’s something to keep an eye on !

Loans originators

Mintos often adds new originators. You’ll get notified about it and will have the opportunity to include them in your auto-invest portfolio.

Like most competitors, Mintos has a mechanism called “skin in the game”, which means that the originators have to keep a portion of the loans (usually 10%). This ensures that the originators provides quality loans, as they will be directly impacted if the borrower defaults. Mintos FAQ has a great explanation of the skin in the game, which I incite you to read.

Also, since August 2018, they started rating their originators, from A+ (safest companies) to D (defaulted originators). It’s possible to configure the auto-invest to use only selected ratings, which is great for investors’ safety !

Predefined strategies

For investors who don’t want to bother with configuring auto-invest, Mintos now offers predefined strategies. There are three of them, named Short-term strategy, Diversification strategy and Secured loan strategy. The indicative returns currently vary between 7% and 8.5%, which is lower than what you could get using custom auto-invest settings. When the pre-defined strategies were launched, the indicative returns were as high as 12.5%; they have since dropped significantly !

Investors interested in easy ways to invest can refer to my article on one-click investing; it compares Mintos’ predefined strategies, Ekassa, DoFinance and Bondora‘s Go & Grow.

Buyback guarantee

The buyback will takes place after 60 days, and includes both the outstanding principal and accrued interests.

Platform’s features

Secondary market

Secondary market available


Auto-invest available

Secondary market

There’s a secondary market available, should you ever want to resell your loans. Mintos used to charge a 1% commission on these operations, but since November 2017 them removed this fee.

Auto-invest feature

Here’s what the auto-invest screen looks like. You first select the currency to invest in, then display originators according to a criterion (loan type, buyback, country). For each of them, you see the loans type they provide, which countries they operate in, and can select if you want to invest in loans with or without buyback. This list as actually quite impressive : right now there are 25 originators available !

The lower part of the screen show two very handy graphs, allowing you to explore the available range of interest rates and remaining term. Using them, you can very easily estimate how quickly your funds will be invested. Finally, you classically choose the portfolio size, whether to reinvest or not, and the minimal/maximal loan size.

A recent feature is the neat option to diversify your portfolio across loans originators. This will help mitigate the risks in case things go wrong with one of them; I strongly encourage you to check this box.Finally you may click on the “Show summary” link on the right to view a breakdown of the matching loans by type/country/originator, or list them all using the “View all loans” link. Neat !

Website’s ease of use


English, Czech, Spanish, Latvian, Polish, Russian

Funding methods

Website’s design and ergonomics

It’s quick and responsive. Browsing and filtering available loans is easy, and so is the auto-investment feature. Also, they often rearrange the design of the website in order to match new settings. For example, as the originators list grew very large, they changed the design of the auto-invest page in order to make it easier to use.


Account statement and investments list look nice and are useful, just like the remaining of the website.

Actual performance of my Mintos portfolio


At the end of juillet 2019, XIRR for my Mintos portfolio reached 13,26%; check out the latest portfolio review for details, including charts showing historical performance and competitors performance.

It’s a great return for guaranteed peer-to-peer loans. After the interest rates drop in summer 2018, it looks like they’re back at their previous level – although with originators that may be slightly less safe -. My performance thus seems rather realistic, even for newer portfolios.

Mintos’s main competitors

Mintos’s facts and figures


Riga, Latvia

Founded in


Number of investors

138 612

Loans amount financed

€ 2 311 213 702

Historical return


As of May 2019

Who can invest

Both individuals and entities can invest through Mintos. Individual investors must be at least 18 years old, have a bank account in the European Union or third countries currently considered to have AML/CFT systems equivalent to the EU, and have their identity successfully verified by Mintos.

Family trusts, partnerships, limited liability companies and other organizations must have a bank account and be registered in the EU or third countries currently considered to have AML/CFT systems equivalent to the EU.

Mintos FAQ


Please note that this review may contain affiliate links. It means that I will earn a commission if you decide to invest after clicking through the link – at no additional cost to you, of course -. Please understand that I have experienced all of these companies, and I recommend them because they are helpful and useful, not because of the commissions I make if you decide to invest through my links.

8 thoughts on “Mintos review”

    • Many thanks for pointing this out ! I fixed this stupid mistake, and changed my #1 resolution for 2019 to “learn some geography” 🙂

      Have a great day !

  1. FYI

    In 2017, I invested in GEL currency loans as well.
    I fully agree that the currency conversion rate delivered by MINTOS killed the expected high yields.

    Then I moved to RUB and KZT currency loans using now TRANSFERWISE and PAYSERA.
    So far (after 10 months), my RUB and KZT shares are growing nice and slow: no bad debts and XIRR around 17%.
    Give it a try, eventually…

  2. Really interesting but can someone please explain to me how this guy (link below) is making 19%+ yearly returns on the P2P platform Mintos after all fees/costs in EURO??! He talks about some interesting strategies but wanted to hear some outside opinions too.

  3. Mintos is good platform with rapidly growing investor and Loan Originator count. Easy to use and understand. So far so good!
    Would recommend to everyone.
    [spam removed]

  4. If you set an auto-invest portfolio, the system will look through the already existing offered loans, or only the new ones coming out?

    • Mintos (and actually all other platforms AFAIK) will use the existing loans. It means that if your criteria allow it, your funds will be invested instantly. Of course, if your criteria are too strict, the system will have to wait for new loans to eventually match your auto-invest settings.

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