Mozipo Rumania

Buenos días,
Acabo de recibir este email de Mintos. ¿Qué opináis los veteranos sobre Mozipo y sobre los datos que nos dan en el email?

"Well known for being one of Lithuania’s biggest online consumer lenders, Mozipo Group is expanding their presence on the Mintos marketplace by offering to invest in personal loans issued in Romania.

Mozipo Group has been operating for more than a decade and has established a strong reputation for being reliable, transparent and a responsible non-bank financial institution. Currently, Mozipo Group works in Denmark, Lithuania and Romania, and plans to expand to five additional markets in the near future.

Since Mozipo Group joined the Mintos marketplace in March 2017 with loans issued in Lithuania, more than EUR 5.3 million of those have been funded through Mintos.

“We find Mintos marketplace a convenient and flexible tool to grow the portfolio. We are happy to work with the team of professionals who are aware of the needs of fast-growing fintech companies. So, now that we are confident about funding, we can concentrate on the core business and enter new markets,” says Mozipo Group CFO Aušrius Banaitis.

Romanian-issued Mozipo Group loans on the Mintos marketplace will range from EUR 22 to 3300, with a repayment period of up to five years. The average net annual return to investors is expected to range from 9 to 14%. Initially, the loan originator will list loans in euro; loans denominated in Romanian lei (RON) will be added to the Mintos marketplace soon.

Mozipo Romania will offer a buyback guarantee for loans that are delinquent for more than 60 days. The obligations of Mozipo Romania will be guaranteed by Mozipo Group. The company prides itself on the use of efficient technologies and has a unique risk scoring system, reducing the number of non-performing loans issued. The share of non-performing loans of Mozipo Romania historically is below 20%.

To retain its skin in the game, Mozipo Romania will keep at least 10% of each loan on the Mintos marketplace on its balance sheet.

Since its inception, Mozipo Group has served more than 230 000 customers. The typical client of Mozipo is a 36-45-year-old city resident with an average monthly income. The loans are primarily used to cover daily and unexpected expenses. The company has issued 660 000 loans worth over EUR 135 million.

In 2016, Mozipo Group earned EUR 3.9 million in revenue, with a net profit of EUR
526 000. Their loan portfolio was EUR 9.3 million.

Mozipo Group started operations in Romania in April 2015. Loans worth more than EUR 1 million have been issued to date.

See more information about the performance of Mozipo Group in this presentation.

To obtain exposure to Mozipo Romania loans, investors will be able to invest in loans issued by Mintos Finance, a Mintos group company, to Mozipo Romania where repayments depend on the borrower’s payments. Each loan issued by Mintos Finance to Mozipo Romania will be pegged to a respective loan issued by Mozipo Romania to the final borrower. A detailed description of the structure is available in the Mintos Finance loan contract and assignment agreement.

Reap the benefits of Mozipo Group's forward-thinking business structure by investing in its loans. If you use Auto Invest on the Mintos marketplace and want to invest in Mozipo loans issued in Romania, make sure to adjust your Auto Invest settings accordingly.


Kind regards,
Your Mintos team"


Saludos.

Si no son en euros ni las mirare no me interesa perder/ganar dinero con la volatividad de las monedas de paises pequeños

Yo he escarmentado con los p**** GEL

Puedes sacar un 17% menos un 1% de ida y otro 1% de cambio de divisa por Transferwise da un 15% limpio. El tema es el riesgo divisa. Me quedo con préstamos al 13% de Mogo aunque ahora parece buen momento para comprar GEL pero nunca sabes.

El problema es que no sabes que pasara con la moneda y mientras tengas creditos al 13%, si los otros "solo" dan un 17% es relativamente peligroso