Mintos Review: Best platform of Europe?

Mintos review, Mintos Review: Best platform of Europe?

What is Mintos?

Mintos is the biggest crowdlending platform in the whole of Europe. It’s based in Latvia, and was founded in early 2015. It connects investors with borrowers of several loan originators from around the world. At Mintos, users can invest in fractions of loans originated across different countries and loan types, such as mortgage loans, personal loans, car loans, invoices, and small business loans.

In other words, it is not a loan originator itself, but an intermediary between the loans originators and the investors. Here is a graph, so you get a general picture of the overall Mintos structure:

Mintos review, Mintos Review: Best platform of Europe?

Note that Mintos is continuously growing month by month. At the time of writing, there are 57 loan originators offering loans of following currencies: CZK, DKK, EUR, GBP, GEL, KZT, MXN, PLN, RON, RUB, SEK and USD.

Their average term of their loans is around 12 months, despite you will also find shorter or longer ones up to 72 months of duration.

They have also been awarded the altfi People Choice Award for three consecutive years, that proves that they’ve been doing their homework.

Mintos review, Mintos Review: Best platform of Europe?

What return can I expect?

The average return of investors is 11.70%, despite there are available loans up to 17% in the marketplace. However, it really depends on your investor profile: the higher the return rates, the more likely your monthly income becomes more unpredictable due to payment delays.

Thus, the tricky part is to select those loans with high-interest rates which are usually paid on time plus they are issued by a well-trusted originator. Use Mintos Explorer to build secure and profitable portfolios.

My current portfolio looks like this:

Mintos review, Mintos Review: Best platform of Europe?

Use the Portfolio Estimator to see how your portfolio would perform over the years.

Buyback guarantee

They also offer a buyback guarantee, meaning that if a loan’s payment gets delayed by more than 60 days, the loan originator will automatically repurchase the contract with no required action by the investor’s side. Plus, some originators gives a proportional compensation for every delayed loan.

Nevertheless, it’s still not 100% risk-free (there ain’t no such thing as a free lunch). This process transfers the risk from the borrower to the loan originator (not Mintos itself). Meaning that you will only lose your investment if the loan originator or Mintos goes on bankrupt (which is an unlikely scenario).

In order to only select those loan originators with a reliable performance and track history, use Mintos Explorer. It includes two different ratings of every single loan originator available on the marketplace.


Mintos provides an excellent Autoinvest tool. You can play with lots of feature filters to automatically purchase those loans which meet specific criteria. Note that it allows to set up more than one active portfolios at once, and prioritize them according to your preference.

I strongly recommend you to create a Custom Strategy over the predefined ones. It requires an extra initial effort, but it really pays out afterwards. However, it can be a little bit tricky to set up in the first place, that’s why I’ve created Mintos Explorer, to help you out in that regard.

Mintos review, Mintos Review: Best platform of Europe?

Secondary market

There is also a Secondary market where you can sell your loans anytime or find good opportunities among investors offers. When you post an offer in the Secondary market, you’ll still receive its interest income until it is purchased by another investor.

Before buying any loan in the Secondary Market, I recommend you to check the available details before so its originator is reliable and its payment history has no many delays. You will find that option by clicking in the loan details and in the Payment Schedule tab afterwards:

Mintos review, Mintos Review: Best platform of Europe?


Investing through Mintos is free of charge. They just will charge a foreign exchange fee just in case you want to exchange from one currency to invest in loans that are in a different one. Even so, those fees range from 0.50% to 2%, that is pretty low compared to the bank standards.

Start with an advantage

Sign up through my affiliate link to receive up to 1% cashback after the 30th day of registration.

Let’s take a look at their bonus table:

Mintos review, Mintos Review: Best platform of Europe?

The bottom line

In short, Mintos is one of my favourite P2P lending platforms due to its transparency (their Statistics page rocks!) and its solid trajectory during the last years. It’s a must-have when it comes to diversifying your portfolio. Moreover, in my personal experience, the withdrawals are quite fast (they take 2 days on average) and the support team is always willing to solve any question you might have.

Any question? Already using Mintos? Do not hesitate in asking your doubts or sharing your personal experience in the comment section below.

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