I first heard about Mintos.com peer to peer lending marketplace back in 2016, starting with 2017 I decided to invest some chunk of money on this platform.

Now in 2018, Mintos.com is the top performing passive income revenue stream for me.

I keep investing also in stocks, mutual funds, and cryptocurrencies. 

At the end of Q1 2018, mintos.com took the second largest position (after stocks) in my portfolio with 28.6% of my funds invested in Mintos.com marketplace.

Investment portfolio structure at the end of Q1 2018

Investment portfolio structure at the end of Q1 2018

The overall impact on the total portfolio for Mintos has decreased from all time height at 100% in January 2017 to little less than 30% at the end of Q1 2018. And I'm glad. The reason is simple:

  • My investment portfolio started just in 2017
  • I have diversified it in Stocks, mutual fund, crypto, cash and peer to peer lending

A diversified portfolio helps. Never put all eggs in one basket, as they say. 

Both individuals and entities can invest through Mintos. Individual investors must be at least 18 years old, have a bank account in the European Union or third countries currently considered to have AML/CFT systems equivalent to the EU, and have their identity successfully verified by Mintos. At the moment, US citizens or taxpayers cannot register as investors at Mintos.

Affiliate link here: Sign up to Mintos.com here.( By using this affiliate link for registration both you and I will receive — 1% of your average daily balance which should be paid in 3 installments for the first 90 days.

Disclosure:  This article contains affiliate links to mintos.com peer to peer lending website, by clicking on links on this page and by making an investment on mintos.com, I might earn affiliate income at no cost to you. Also, I'm not a financial advisor and I don't give you any advice, I'm just sharing my own experience. Investments in stocks, funds, bonds or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset. 

About interest earned on mintos.com 2017-2018

What I really like about Mintos.com - it's more than 10% yield (my interest rates for EUR 12.68% and for GEL 16.89%)

Total interest recieved from Mintos.com peer to peer lending platform (January 2017 - March 2018)

Total interest received from Mintos.com peer to peer lending platform (January 2017 - March 2018)

During the past 15 months in total, I've received interest of EUR 441.05  (EUR 311.42 in 2017 and EUR 129.63 for the Q1 2018)

At the start of 2018, I decided to withdraw all interest earned on Mintos.com peer to peer marketplace during 2017 to finance a new purchases on Nasdaq Baltics Stock exchange  To make withdrawal happen I had to stop Auto Invest function, and in total it took me 21 days to reach EUR 311.42 level. After reaching what I just pressed magical Withdrawal button and got it transferred to my bank account in one working day.

Mintos.com contributes regularly to my dividend income with little over than EUR 40/mo, and I'm looking to increase interest earned here to about EUR 50, during 2018.

Withdrawing money and paying taxes

At the start of 2018 I decided to withdraw all interest earned in 2017 on Mintos.com peer to peer marketplace and finance new purchases on Nasdaq Baltics Stock exchange  To make withdrawal happen I had to stop Auto Invest function, and in total it took me 21 days to reach EUR 311.42 level. After reaching what I just pressed magical Withdrawal button and got it transferred to my bank account in one working day. Great, now I know I can not only deposit money but also withdraw. 

Withdrawing funds from Mintos.com

Withdrawing funds from Mintos.com

Now, from money earned on Mintos.com platform I should pay taxes, luckily the platform offers simple tax guidance for the citizens of Latvia, Germany, and other countries.

We are currently able to provide tax statements prepared according to German and Latvian requirements. 

Please consult your tax advisor for further information

About Auto Invest

Auto Invest works like a charm, I've defined a few auto invest portfolio, all with buyback guarantee and longest remaining loan term 48 months (4 years)

Auto investing on Mintos.com platform

Auto investing on Mintos.com platform

Auto Invest automatically implements your chosen investment strategy. After you have entered your investment criteria, Auto Invest will automatically invest in suitable loans. You can access Auto Invest at any time and follow your portfolio activity in real time to make sure it is working according to your investment goals. Auto Invest is a very effective tool for saving time spent on investing activities. It also allows you to access newly placed loans in the system before manually-made investments.

I really like the way how Mintos operates, these past 15 months here have given me a lot of confidence to trust the platform, buyback guarantee works excellent, all due loans have been bought back with interest applied.

During 2018 I plan to increase my investments in Mintos.com marketplace to about EUR 5,000 both in EUR and GEL currencies. Also, I'm looking on about EUR 500 - 600 income from this peer to peer platform in 2018.

Still, I won't hide my doubts in the longer-term success of such business, mainly because of the following reason - investments in developing economies. Countries and regions where Mintos.com operates right now seems are experiencing growth. Or, let's say - we are in the bull market, but what will happen during upcoming bear market? For me, EUR 5,000 is a maximum limit to invest here, at least in 2018.

Remember your capital is at risk, never invest more you can afford to lose.

If you are interested in peer to peer lending, and you are from EEA/EU or Switzerland, consider investments via mintos.com platform, and register for investor account here

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