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Post by extremis on May 3, 2016 20:49:21 GMT
What is the current status of Mintos? Have they moved to UK yet? And what will that mean for investors? Will the new loans then be issued in EUR or GBP? What else should we expect to change when (if?) the relocation does happen?
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Post by wiseclerk on May 3, 2016 20:57:30 GMT
They have applied for FCA authorization. I don't think that will mean short or mid term that they will have loans to UK borrowers on the platform. Also while they plan accounts in different currencies I don't think it is likely that they will offer GBP accounts, as they said they will offer currencies to match the local markets e.g. PLN and CZK. Those points were mentioned last week in the webinar: www.youtube.com/watch?v=k3AsJCthSDo&feature=youtu.beP.S: And I don't expect them to relocate.
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