Mintos
Latvia · Consumer · Founded 2015
Our score
Average return
10.28%
platform average
Our verdict
Mintos is the closest thing the sector has to an incumbent, and it is the only platform most investors should consider as a core holding. It survived the 2020 originator collapses with its reporting intact, it publishes recovery data on the loans that went bad, and it now holds both a crowdfunding licence and an investment firm licence — a combination no competitor matches. The price of that is yield: after fees and cash drag, a diversified Mintos portfolio realistically lands a point or two below the headline number.
What works
- The deepest originator selection in Europe, which makes genuine diversification possible inside one account
- Licensed as an investment firm, so loans are held as notes with a regulated issuer rather than as a claim on the platform
- Publishes recovery figures on defaulted and suspended originators instead of quietly removing them
- Secondary market is liquid enough to exit most positions within days
What doesn't
- Headline returns overstate what you actually receive once cash drag and the 0.39% annual fee are counted
- The originator marketplace model means you are still exposed to the credit quality of small lenders in volatile markets
- Recovery on the 2020-era suspended originators is still incomplete years later
- The interface has grown complex enough that new investors routinely misconfigure auto-invest
Who this is for
Investors who want one well-regulated account as the backbone of a P2P allocation and accept a lower yield for it. Not the right choice if you are chasing the highest number in the table.
How the score breaks down
How this score is calculatedEach dimension is scored 0–10 from documented inputs, then multiplied by its weight and summed. Nothing is rounded until the end.
Figure taken from: www.mintos.com · Sep 19, 2026 · €13bn invested through the platform; 10.28% current average interest rate
Terms & conditions tracker
We re-read the public terms of this platform every day and log what changed.