7 Comments
Sep 22, 2020Liked by Kristaps Mors

Thank you for your research. At first I thought that the originators would act in our best interests but this was naive of me. Now COVID has them leaving us with the bag and they are being as sneaky about it as possible. Guessing this is to keep Mintos investors in the dark as far as possible to keep our money in their system.

The diversification of originators is clearly just smoke and mirrors. Thank you again for this research, I'm getting out of this mirage ASAP.

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Feb 6, 2021Liked by Kristaps Mors

Awesome investigation. Thank you so much! I guess, many Lithuanians will be reading it after I posted link in our P2P group in Facebook. You should receive an award from Latvian government (looks like your are from LV).

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author

Thanks

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Sep 28, 2020Liked by Kristaps Mors

Great investigation! I had missing puzzles so I could not solve the problem out. Now you did it. Thank you!

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Sep 25, 2020Liked by Kristaps Mors

Thank you for the analysis

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So, what is the verdict from this? Do you suggest avoiding loan originators that are affiliated with the Kesenfelds-sphere, and if so, do you have an exhaustive overview of the LOs in question?

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author

It is tricky.. in Mintos case from one side affiliated LOs is good = at least some control because of overlapping shareholders, bad = no rules, do whatever they want, many are not happy how Finko and Finitera turned out. But it still looks better when compared to Viventor and it's big conflict of interest with Atlantis. I guess it ends up with the people behind any platform and LO - if they act in somewhat fair way or are they doing everything in their power to take max advantage of the average dumb P2P investor.

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