Any update on Kviku?

Elie Lavigne Descoteaux

• February 02, 2023 04:18

Could you provide an update on the loan originator Kviku? I recently read a post that mentioned some confidentiality. In your January 16th blog post on Kviku, it was stated: "To protect the interests of investors, we cannot currently disclose more details about the recovery of outstanding amounts. However, we took action in November to accelerate the recovery." Can you provide more information on how this confidentiality protects current investors holding Kviku loans? I hope for increased transparency. Other Russian loan originators have already established repayment plans. What is the reason for Mintos' decision to keep this information confidential?"

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  Cyril F

  • February 10, 2026 08:59

  Marek (Mintos)
  
  Thanks for you answer but let us be pessimistic without any update from your side!

  We have a big moth ahead until end of Q1 2026. What are the sign that it will magically be solved without news ?
  
  either you have news that you don't communicate either you have no news and pessimist about why it will be solve magically
  
  
  For the second point no problem with risk and loosing sometimes we are aware before investing 

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  Bruno

  • February 10, 2026 09:22

  Marek (Mintos),

  The question here is that you completely ignore timelines. By end of Q1 2026 you will just push it to end of Q4 2026 and then repeat.

  We are on this for almost 4 years and the progress is zero or close to that.

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  Julien M

  • February 10, 2026 09:34

  I share the same feeling as Cyril and Bruno. Let's be realistic, the deadline has been postponed for years with very little or no communication, how can we be sure that things will magically resolve themselves in the next month.... Who can believe that ? ?

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  Marek (Mintos)

  • February 10, 2026 11:56

  Dear investors,

  Please keep in mind that we have never shared a fixed timeline due to the fact that big part of the mentioned processes is out of our direct conrol. However, the estimation remains as it is at the moment.

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  Julien M

  • February 10, 2026 12:06

  Thanks Marek (Mintos),
  
  Do you have good reasons to be confident about this resolution estimate? Indeed, after so many years of hoping, I think we deserve your level of confidence (Poor / Moderate / High), otherwise we will all end up becoming very frustrated with the lack of progress : (

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