The investment platform Mintos made a profit of 650,400 euros last year

Investment platform “Mintos”, established in Latvia, made a profit of 650,419 euros last year, compared to a loss a year earlier, the company informs.

On the other hand, the company’s revenue increased by 30% last year, reaching 11.445 million euros compared to 8.832 million euros in 2022.

At the end of the year, the amount of funds under the management of the investment platform exceeded 600 million euros. The investor base of “Mintos” covers all of Europe, but Germany and Spain are the main markets. On the other hand, in the third quarter of 2024, “Mintos” expanded its geographical presence, officially starting operations in Portugal and the Czech Republic.

The company says that “Mintos” will continue to strengthen the existing portfolio, which includes traditional and other asset classes. To promote growth, in April 2024, “Mintos” in collaboration with “Crowdcube” realized the second crowd funding campaign, attracting 3.1 million euros.

“Mintos” executive director Mārtiņš Šulte emphasizes that 2023 was a year of change for the “Mintos” platform, as other investment products were added to the basic offer – investments in the loans.

“Mintos” operated with a loss of 195,950 euros in 2022.

Founded in Latvia in 2015, “Mintos” is an investment platform that offers the opportunity to invest in loans issued by other loan companies from around the world.

According to the information provided by the company, the largest shareholders of “Mintos” are SIA “Alppes Capital” with Aigars Kesenfeld (30.93%), SIA “MS Cap” with Šultem (15.63%), AS “Obelo Capital” (10.31%), whose largest shareholder is Māris Keišs, SIA “EMK Ventures” with Kristaps Ozola (10.31%) and JSC “Novo Holdings” (10.31%), whose individual -largest shares at Alberts Pole.