Mintos

Riga, Latvia Founded: 2014 • Age: 12 yrs
P2P marketplace for consumer and business loans
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About Mintos

Mintos is a company based in Riga (Latvia) founded in 2014 by Martins Valters.. Mintos has raised $27.98 million across 6 funding rounds from investors including Crowdcube, Finacity and FlyCap. Mintos has completed 1 acquisition, including Dziesitka Finanse. Mintos offers products and services including Investment Platform, Loans Investment, Bonds Investment, Real Estate Investment, and Smart Cash. Mintos operates in a competitive market with competitors including KoinWorks, Lufax, CreditEase, Bondora and Assetz Capital, among others.

  • Headquarter Riga, Latvia
  • Founders Martins Valters
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name As Mintos Marketplace
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $27.98 M (USD)

    in 6 rounds

  • Latest Funding Round
    $2.23 M (USD), Debt – Conventional

    Sep 26, 2024

  • Investors
    Crowdcube

    & 4 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Mintos

Mintos offers a comprehensive portfolio of products and services, including Investment Platform, Loans Investment, Bonds Investment, Real Estate Investment, and Smart Cash. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables diversified investments for passive income generation.

Offers high-yield loans to generate regular passive returns.

Provides predictable income through coupon payments on bonds.

Allows investment in real estate for rental income starting small.

Offers interest on cash holdings up to 2.25 percent.

Facilitates globally tailored ETF portfolios for stability.

People of Mintos
Headcount 50-200
Employee Profiles 45
Employee Profiles
People
Kaspars Vītols
Senior Account Executive
People
Karlis Kronbergs
Chief Risk Officer
People
Karlis Malcenieks
CFO
People
Aleksandrs Krjukovs
CTO

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Funding Insights of Mintos

Mintos has successfully raised a total of $27.98M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.23 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 6
  • Last Round Debt – Conventional — $2.2M
  • First Round

    (23 Feb 2016)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2024 Amount Debt – Conventional - Mintos Valuation

investors

Aug, 2024 Amount Angel Round - Mintos Valuation Crowdcube
Nov, 2021 Amount Series B - Mintos Valuation Finacity
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Mintos

Mintos has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Crowdcube, Finacity and FlyCap. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Mintos

Mintos has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dziesitka Finanse. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online platform for installment loans
2018
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Mintos

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mintos Comparisons

Employees
+
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Competitors of Mintos

Mintos operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KoinWorks, Lufax, CreditEase, Bondora and Assetz Capital, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Developer of a P2P lending platform
domain founded_year HQ Location
Personal loans are connected via an online P2P lending platform.
domain founded_year HQ Location
Financial services in wealth management and microcredit loans are offered.
domain founded_year HQ Location
Online P2P marketplace for consumer and business loans
domain founded_year HQ Location
Developer of online P2P marketplace for commercial real estate and business loans
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mintos

Frequently Asked Questions about Mintos

When was Mintos founded?

Mintos was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is Mintos located?

Mintos is headquartered in Riga, Latvia.

Is Mintos a funded company?

Mintos is a funded company, having raised a total of $27.98M across 6 funding rounds to date. The company's 1st funding round was a Series B of $9M, raised on Feb 23, 2016.

What does Mintos do?

Founded in 2014 in Riga, Latvia, Mintos operates as a peer-to-peer lending platform in the fintech sector. Borrowers are matched with institutional and individual investors based on credit scores and loan terms. A proprietary Mintos Risk Score is utilized for credit assessment. The platform supports loan access for consumer and business purposes, with a mobile application available on iOS and Android devices.

Who are the top competitors of Mintos?

Mintos's top competitors include Bondora, Lufax and CreditEase.

What products or services does Mintos offer?

Mintos offers Investment Platform, Loans Investment, Bonds Investment, Real Estate Investment, and 2 more products and services.

How many acquisitions has Mintos made?

Mintos has made 1 acquisition, including Dziesitka Finanse.

Who are Mintos's investors?

Mintos has 5 investors. Key investors include Crowdcube, Finacity, FlyCap, African Growth Partners, and Skillion Ventures.

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