Mintos custom Loan fee
Hello Everyone,
I juste receive an email informing us introduction of fee on custom loan strategy !
Not such a great news today !!!!
Martins Sulte (Mintos) Can you explain better this move ? as also a mintos investor I suppose this fee will lead to increase revenue.
How will you spend those extra fees ? Can you give us more information about the futur of mintos
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Cyril F Thanks for your questions. Like any business, we have to generate revenue. The small fee we introduced is, in our opinion, a fair fee for the value we provide to investors. We will continue to invest all revenue we earn in developing Mintos and improving the investor experience. That involves continuous work on existing products and features and introducing new ones.
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Yes! I have no problem with generating revenue ! And yes it seems pretty low fee for now to be honest!
Being a huge loans investor, my question is also interested because I am also investor in mintos via crowdcube and also interested in Mintos growth!
This extra fees will lead to instant (lot of ?) revenue wich is great and my question was also directed in this direction.
At the time it was question about credit card for example ? Wich new features can we expect ?
Available for private message if interested
A huge thank you for your quick reply Martins Sulte (Mintos).0 -
Revenue will be instant, but it's not game-changing. However, all revenue sources accumulate, which allows us to build a better product for our clients and thus a better business.
A credit card is not on our immediate roadmap. We have put that on hold. We are improving existing products (e.g., the same Custom Automated Strategy) and adding new things like better deposit options and new assets.
As always, I am happy to engage with crowdfunding investors directly. You can reach out to me at martins.sulte@mintos.com0
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