Earlier this month, we went to the Finfellas 2023 convention. Finfellas befell in Riga, Latvia initially of June. The aim of this occasion was to deliver buyers and leaders in fintech and various finance collectively for networking and community-building. In whole, we spoke on 2 panels with different business leaders, and 1 keynote. At Finfellas, we had the chance to talk to our buyers, we introduced our ETF launch on the finish of the summer season, and introduced that we’re launching regulated providers in new nations.
Our COO and co-founder, Martins Valters, spoke on the panel Outlook for Platforms: Dangers & Defaults, How To Keep away from Them? Panelists agreed that investments include some threat. Valters spoke in regards to the dangers at Mintos and the way we mitigate threat in the case of investing. He mentioned we solely work with lending firms which have good observe data. We stick to the fundamentals and have a look at efficiency knowledge to see if the loans will probably be worthwhile for our buyers.
Our CEO and co-founder, Martins Sulte, spoke on the panel One-Click on-Options vs. Classical P2P investing. Panelists agreed that once-click options are extra accessible than classical investing. Sulte added that the selection of one-click vs. classical investing relies on how a lot time you wish to spend, how a lot information you will have, and your portfolio measurement. Mintos presents each experiences: one-click, in-between, or guide the place you possibly can spend time choosing and selecting your self.
At his keynote, Sulte spoke about Mintos, the place we at the moment are, and the place we will probably be sooner or later. At present, relating to the position of regulation, Mintos is beneath a well-established regulatory framework, MiFID. MiFID is the cornerstone of monetary service licenses in Europe. Regulation protects buyers and ranges the enjoying discipline, so buyers could make well-educated selections. Basically, regulated firms include extra investor belief. At Mintos, we do every little thing we will to take care of investor belief, together with introducing rules and being as clear as doable.
Sooner or later, we’ll proceed providing loans, and we’re engaged on ETFs which we’re planning to launch this yr. We’re additionally planning to launch bonds, and we’re wanting into extra asset courses. We wish to construct well-diversified choices for our buyers.
A particular due to all our buyers we met at Finfellas, it was a pleasure to listen to your Mintos expertise.