Mintos Agreement

Mintos is a peer-to-peer lending platform that connects investors with borrowers. The platform operates in over 30 countries and has funded more than €8 billion worth of loans since its launch in 2015. In order to ensure the safety and security of its investors, Mintos has put in place a Mintos Agreement which outlines the terms of use and the responsibilities of all parties involved.

The Mintos Agreement is a legal document that sets out the terms and conditions for using the Mintos platform. It covers a range of topics, including the rights and obligations of investors and borrowers, the fees and charges associated with using the platform, and the dispute resolution process.

One of the key aspects of the Mintos Agreement is the way in which it protects investors. Mintos operates a Buyback Guarantee which means that if a borrower defaults on a loan, then the loan originator will repurchase the loan from the investor at face value. This helps to reduce the risk of investing in peer-to-peer lending and is a crucial component of Mintos’ offering.

The Mintos Agreement also outlines the fees and charges associated with investing on the platform. Investors are charged a fee based on the amount of funds they invest and the length of time they invest for. There are also fees charged for withdrawing funds from the platform or for transferring funds to a different currency.

In addition to these fees, Mintos may also charge investors for currency exchange services and for other ancillary services such as identity verification checks. However, these fees are clearly outlined in the Mintos Agreement and investors are able to make an informed decision about whether to use these services or not.

The Mintos Agreement also outlines the dispute resolution process in the event that there is a disagreement between an investor and a borrower. If a dispute arises, both parties are encouraged to attempt to resolve the issue themselves. If this is not possible, then the matter can be escalated to Mintos for further review and resolution.

In conclusion, the Mintos Agreement is an important document for all investors who are considering using the Mintos platform. It provides clear and concise information about the terms and conditions of investing, the fees and charges involved, and the dispute resolution process. By reading and understanding the Mintos Agreement, investors can make informed decisions about their investment options and ensure that they are protected in their dealings with the platform.