Mintos launches in Italian
European lending marketplace Mintos has announced that its website is now accessible in Italian, with the app soon to follow.
This marks the introduction of the 10th language on the platform, which it says is “part of our ongoing commitment to enhancing the accessibility and inclusivity for our investors across Europe.”
Read more: Mintos adds new notes to its marketplace
Mintos users can now navigate the website in English, German, Spanish, Latvian, Russian, Polish, Czech, Dutch, French and Italian.
Read more: Mintos upgrades mobile app
“At Mintos, we understand the importance of clear communication and seamless navigation when it comes to making informed investment decisions,” the firm said in a blog post on its website. “By introducing Italian, we hope to bring even more ease to our Italian investors, in the language they are most comfortable with.”
Mintos also revealed that it is actively expanding its team of Italian-speaking investor support associates, “to ensure our Italian-speaking investors are supported every step of the way.”
Mintos transitioned its business into regulated notes last year, which give investors better protection and transparency.
It had been working on transitioning its loan investment product into loan-backed securities since it secured its investment firm and electronic money institution licence in August 2021.
Under the new, regulated structure, Mintos investors are protected by the MiFID II investor protection framework. They will also have access to in-depth prospectuses about the notes, giving them increased transparency.
They are also protected by the investor compensation scheme, which provides compensation if Mintos fails to return financial instruments or investor funds to investors, up to a maximum of €20,000 (£17,200).