Mintos review and results after 3 months

What is Mintos?

It is the biggest European P2P (peer-to-peer) lending platform which was launched in January 2015. It is one of the first ones to provide such a service in Europe and it is currently serving 54 loan originators and more than 93.000 investors from 72 countries. The total amount invested in loans since 2015 is more than 1.3 billion (yes, it’s billion with a “b”).

Mintos is the P2P lending market leader in Europe with more than a third of the market share.

Mintos has won AltFi’s “people’s choice award” in 2016 and 2017 and once you start using the platform, it becomes obvious why that is.


Total amount invested in loans since 2015: more than 1.392.274.000

Average net annual return: 11.60 %

Registered investors: more than 93.000

Available in: 72 countries

I think it’s fair to say that these numbers are quite impressive considering the age of this company. 11.60 % average net annual return is also pretty good (definitely better than what any bank can currently offer by far) but it is not the number I see in my account. More on that later.


At the time of writing this article, most of the loans they offer have a Buyback guarantee. What this means is that in case the borrower fails to make repayments for 60 days, then the loan originator steps in and pays back the invested principal as well as interest earned for the period the loan was help including the 60 overdue days.

Does this mean there is no risk you may ask, and the answer is no. While it definitely makes things easier and lowers the risk since you don’t need to worry about every individual borrower, you do have to worry about the loan originator defaulting. As long as the loan originator has a healthy business then you’re good.

Personally I only put my money in loans that have a buyback guarantee and in my opinion it is a great concept that makes me sleep better at night.

Since Mintos has been running, the only loan originator that has defaulted is Eurocent and you can read more about the situation on Mintos’s blog.


In 2018, they have introduced the concept of campaign rewards. Simply put this is a way for you to get different rewards which can be either referral bonuses or cash back when investing in loans from a certain loan originator. It’s not something I have much experience with, but it has the potential to be quite lucrative.


One of my favorite things about Mintos is the auto-invest functionality. If you don’t want to spend countless of hours watching your portfolio and acting whenever a little bit of money is available in your account then this is the perfect solution. By setting up some rules, the auto-invest feature will then as the name suggests automatically invest in loans that match your criteria.

Below you can see my current Auto-Invest strategy. I try to adjust the settings once a month or so to make sure that I get the highest interest rate possible.

My results

I have invested 1000 in September and until now I am quite happy with the results. It is not my most profitable P2P site but a return of 10.35% is definitely better than what any bank can currently offer.


Mintos is the largest and most popular European P2P site. It offers loans from a large pool of lenders which can be both good and bad. On one hand it makes it easy to diversify your portfolio, on the other hand it’s recommended to select the best lenders. You can use this post on as a starting point.

If/when you decide to join Mintos, my recommendation is to login once in a while in order to adjust your auto-invest strategy to accommodate for new loan originators, new campaigns as well as interest rate changes due to market competition. It’s not the end of the world if you don’t do it, but you might experience some cash drag when no loans fit your settings or you might miss out on some higher interest loans if you set the bar too low. With this being said, 20 minutes to 1h spent on a monthly basis should be more than enough.


If you decide to give it a go and want to join Mintos, you have the choice to do it through this link.

By doing so you will get a 0.75% cashback on the amount you invest in the first 90 days. This will be paid to you in 3 installments after 30, 60 and 90 days. I know this is not much, but it’s definitely better than 0%.


Do you have any questions or comments on this post, please comment below and let’s have a discussion about it. Are you already an investor and user of Mintos, share some of your thoughts and experiences.

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