According to the announcement of the Central Bank of Kosovo from December 6, 2019, the licenses for the business in this country have been revoked for loan originators IuteCredit and Monego.
We are identifying all possible aspects and the nature of the impact of this situation for investors on Mintos.
At this point, loan originators still haven’t received the decision documentation of the Central Bank of Kosovo regarding the two loan originators. In interests of our investors, we have suspended loans issued in Kosovo for both IuteCredit and Monego from the Primary and Secondary market on Mintos.
We will be sharing updates with all affected investors as soon as we have more information. In the meantime, we thank you for your patience.
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Investing puts your capital at risk, and past performance does not guarantee future returns. When you invest on Mintos, you acquire loan and other debt receivables. Mintos does not provide investment or asset management services, or any services that are subject to any financial services license.