Mintos has partnered with expertise supplier Upvest to boost its exchange-traded fund (ETF) portfolios throughout Europe.
The brand new partnership will permit Mintos to automate its processes and handle its ETF portfolios extra successfully with the help of Upvest’s Funding API.
“We’re thrilled to associate with Mintos, a platform that aligns completely with our mission of creating investing as straightforward as spending cash,” mentioned Martin Kassing, chief govt and co-founder of Upvest.
“With Upvest’s funding infrastructure, Mintos can now automate a number of the behind-the-scenes processes of their ETF portfolio companies, benefiting from Upvest’s state-of-the-art API capabilities.”
Learn extra: Mintos debuts in France and the Netherlands
Mintos started providing personalised ETFs in December 2023 and has continued to replace its product providing ever since. The European lending market has additionally rolled out fractional bonds choices to its traders as a part of its progress technique.
Earlier this 12 months, Mintos introduced that it had swung into revenue following a “transformative” 2023.
Martins Sulte, chief govt and co-founder of Mintos, mentioned that the Upvest partnership will assist to solidity Mintos’ place as a one-stop resolution for long-term investing for retail traders throughout Europe.
Learn extra: Mintos secures €2m in debt funding from FlyCap
“Partnering with Upvest is an thrilling milestone for Mintos, because it permits us to streamline our inner processes and enhance our operational effectivity,” mentioned Sulte.
“By migrating our ETF providing to Upvest’s Funding API, we will improve the administration of our diversified portfolios, lowering handbook processing and calculations.”
Learn extra: Mintos introduces personalised ETFs