Any update on Kviku?

Elie Lavigne Descoteaux

• 02/02/2023 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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  David Collazo Garcia

  • 18/03/2026 10:13

  THink of it as lost money, if something comes back great, but i dont think its mintos fault. The moment they take things to court is another level. Kivku "stole" that money, they used it to lend mother russia money for war. this can take more years, and we are not paying anthing for the court process, so let them handle it and keep your money diversified. This can hapen anytime, money is at risk, i dont think mintos paying from their pokets the big chunk of money will help the future of hthe platform. 
  They could have oofered a 50% recover paid by them to whoever wanted and if they recover more take it for the company. But i think that train passed a long time ago.

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