Mintos originator ExpressCredit offers limited time cashback offer
Mintos loan originator ExpressCredit has launched a new cashback offer for investors on the European lending marketplace.
The Botswana-based company specialises in loans for government and private sector employees underserved by mainstream financiers.
Users can earn cashback between 14 June to 30 June 2023 for investments in notes for ExpressCredit Botswana, Mintos said in a blog post on its website.
Read more: Mintos lender GoCredit launches 1.5pc cashback deal
It is offering investors 0.5 per cent for notes with a remaining term of 12 months to 24 months.
Notes with a remaining term of 24 months, one day to 36 months are eligible for one per cent cashback and notes with a remaining term of 36 months, one day and more are eligible for two per cent cashback.
In order to qualify for the cashback, investors need to invest a minimum of €100 (£85) into ExpressCredit Botswana loans on the Mintos primary market via manual investments or custom automated strategies.
Read more: Mintos originator IDF Eurasia launches limited cashback offer
Mintos core, conservative, or high-yield strategies investments are not eligible for the offer.
The cashback will be credited to the user’s Mintos account within 10 business days.
At the time of writing, the company has no payments that have been pending longer than the normal settlement period of eight days.
Read more: Mintos completes transition to regulated notes