Mintos, leading the market to invest in loans, has more than doubled the investor base in 2019, going from 100,000 in January 2019 to more than 220,000 by the end of the year. This success has brought recognition through awards and a unique insight into one of the fastest growing segments in the financial market alternatives.
Year Save company recognized in 2019 AltFi Awards, claiming the Alternative Financial Year and awards People’s Platform Options – for the fourth year in a row.
Mintos successfully unicorn outcompete like Funding Circle, Zopa, and Revolut, among others.
Reflecting on this year’s successful growth and milestones achieved, Mintos Sulte Martins CEO shared his views on some of the trends and innovations he said in 2019. Public confidence in alternative investments continued to grow in 2019
64.9 percent of European investors P2P now have full confidence in P2P lending, the same as the market has introduced security features such as two-factor authentication to protect people from hacking and cybercrime. healthy investor confidence encouraged a shift towards alternative financial services and asset classes they cover, by investing in loans gradually become as common as investing in stocks, bonds or real estate.
alternative asset gaining popularity
Not long ago, the alternative investment is regarded as a real estate investment when compared with investing in stocks and bonds. With increasing fintech, however, new opportunities to invest in previously untapped asset becomes accessible to individual investors. According to statistics, 88% of traditional financial institutions fintech think that the company will take at least part of their business in the next five years, as investors look for new and innovative ways to diversify their portfolio.
One class of these new assets are invested in loans, which recently was relatively unknown way to secure and grow the fund someone, as opposed to traditional financial instruments such as equities, bonds and cash equivalents.
The diversity in the types of people who are looking to invest is the key point to talk.
As an alternative to the financial markets continue to grow, so does the diversity of investors. “Since the launch of Mintos back in 2015, we have seen a positive trend of women joining Mintos investors – now about 15% of investors Mintos are women,” said Sulte, while recognizing that men still form the largest demographic. Mintos’ easy-to-navigate system and a low starting point for investment (as little as EUR 10), which opens the market to a younger crowd as well, as well as those who have not traditionally invested in loans.
Increased use of technology when making smaller investments
the application of technology in the investment industry has made the industry more accessible and transparent, and the growth of mobile applications applications is increasing rapidly. According statista, an average of 12 percent of people aged 18-64 have reported using online investment applications in the previous 12 months.
There is an increase in the geographical diversity among the people chosen to invest
Accessibility is growing, as well as attractive yields has made a financing alternative to the busy investor market that is not defined by geography. Investments in loans are a good example to illustrate this, as people from all over the world use the platform as Mintos. “Our investors come from 85 different countries,” Sulte continue. “Geographic diversity Mintos investors has grown steadily since we launched. Back in 2015, we started with investors from just a few countries. Investments in the form of loans is now a common choice among individual investors internationally. “
Looking ahead, one more year strong for digital innovation and adoption of predictable fintech industry, which no doubt means more choice for those looking for alternative opportunities to invest.
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