European lending market Mintos has launched high-yield fractional bond investments on the platform, enabling traders so as to add company bonds to their funding portfolios.
Mintos traders at the moment are in a position to spend money on high-yield bonds ranging from a minimal of €50, with no charges for investing.
Bonds are notoriously troublesome for retail traders to entry. They sometimes require investments within the five-digit vary or greater.
Learn extra: Mintos originator Zenka acquired by Solar Finance
The investments in high-yield company bonds will initially be issued by originators already on Mintos, beginning with Eleving, however will later be prolonged to lenders reminiscent of Solar Finance, Esto and DelfinGroup.
The platform stated it was at present working to broaden its providing throughout varied kinds of bonds and industries, together with agriculture and manufacturing.
Learn extra: Two Mintos originators report income progress
“Mintos is dedicated to empowering people to take management of their monetary futures by offering entry to a various vary of funding alternatives,” Mintos chief govt and co-founder Martins Sulte stated.
“The launch of high-yield fractional bonds is a big step in direction of attaining this aim, making certain that each one traders, no matter their monetary means, can profit from the decrease volatility and secure returns that bonds provide.”
Learn extra: Mintos hails September of “constructive progress”