Claims are delisted from primary market

Robert

• June 01, 2022 08:41

Is it a bug or feature that claims are delisted from primary market? For example, all claims for Eleving Group Albania have disappeared, even though there is still a cashback campaign running for them:

 

On the secondary market you can still find these claims, they have plenty of loan originator share left, yet the invest button for it has vanished, for example:

 

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  Annija (Mintos)

  Community manager

  • June 02, 2022 13:14
  • Edited

  Dear Robert,

  This is happening due to loans' unlisting rather than repurchasing, because of the transition of the lending company's offering on the platform to the Notes offering. We will work to improve this process on the go, and currently, we are working to provide a proper notification where needed.

  We apologize for any inconvenience this might have caused you. Thank you for noticing.

  Regarding, Secondary market, if you click on the loan you are no longer investing in the Secondary Market -  you have to access the loan itself and the investment within would be via Primary Market. So it is normal that invest button is not there (below the chart) anymore - this LC no longer offers claims in the Primary Market as it is moving to Notes.

  In the image in the invest breakdown section, there is an invest button, as the loan has been listed for sale by the owner (Mintos investor) in the Secondary Market. 

  We hope this clarifies the question. 

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