Mintos lender GoCredit launches 1.5pc cashback deal
GoCredit, a payroll lending company based in Mexico, has launched a 1.5 per cent cashback offer for Mintos investors to celebrate receiving a BBB investment grade from Latin American rating agency PCR Verum.
Between 19 and 31 December 2022, Mintos investors can earn 0.5 per cent cashback on notes with a term of up to 12 months; one per cent on notes with a term time of between 12 months and one day to 24 months; and 1.5 per cent on notes with a term time of more than 24 months and one day.
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To qualify for the cashback bonus, investors must enrol in the campaign and invest a minimum of €50 (£43.58) into notes for GoCredit.
European lending marketplace Mintos noted that there is more than €1m worth of qualifying notes available on its platform, with interest rates of between seven and 16 per cent.
Mintos transitioned from a loan investment product to regulated notes earlier this year, which it says gives its investors better protection and transparency.
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According to the chief executive of GoCredit, Federico Diaz, the lender has seen a 111 per cent increase in direct funding through Mintos.
“We’d like to sincerely thank all of our investors on Mintos, since it is thanks to your trust and funding that together we’ve been able to continue our growth, exceeding our goals and expectations year after year,” said Diaz. “We hope to keep working alongside all of you, and thank you for your trust in GoCredit.”
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