Mintos partners with Upvest to upgrade ETF offering
Mintos has partnered with technology provider Upvest to enhance its exchange-traded fund (ETF) portfolios across Europe.
The new partnership will allow Mintos to automate its processes and manage its ETF portfolios more effectively with the support of Upvest’s Investment API.
“We’re thrilled to partner with Mintos, a platform that aligns perfectly with our mission of making investing as easy as spending money,” said Martin Kassing, chief executive and co-founder of Upvest.
“With Upvest’s investment infrastructure, Mintos can now automate some of the behind-the-scenes processes of their ETF portfolio services, benefiting from Upvest’s state-of-the-art API capabilities.”
Read more: Mintos debuts in France and the Netherlands
Mintos began offering personalised ETFs in December 2023 and has continued to update its product offering ever since. The European lending marketplace has also rolled out fractional bonds offerings to its investors as part of its growth strategy.
Earlier this year, Mintos announced that it had swung into profit following a “transformative” 2023.
Martins Sulte, chief executive and co-founder of Mintos, said that the Upvest partnership will help to solidity Mintos’ position as a one-stop solution for long-term investing for retail investors across Europe.
Read more: Mintos secures €2m in debt funding from FlyCap
“Partnering with Upvest is an exciting milestone for Mintos, as it enables us to streamline our internal processes and improve our operational efficiency,” said Sulte.
“By migrating our ETF offering to Upvest’s Investment API, we can enhance the management of our diversified portfolios, reducing manual processing and calculations.”
Read more: Mintos introduces personalised ETFs