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Post by geldregiertdiewelt on Nov 14, 2018 10:00:29 GMT
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0risk
Member of DD Central
Posts: 217
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Post by 0risk on Nov 15, 2018 18:31:58 GMT
Thanks. This is great news ! I admire Mintos for acting globally, accepting both investors and loan originators from around the world. Their IT technology is also great, as we can see from their platform: no bugs, full of features and yet simple to use
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Post by geldregiertdiewelt on Nov 15, 2018 20:27:47 GMT
Let's wait for the details, but it looks like a smart move. Having a normal checking account next to an investment opportunity with good returns and liquidity lowers the (psychological) threshold to just putting your money there, if it’s just for a few weeks, and I think that is what Mintos wants us to do.
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fric
Member of DD Central
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Post by fric on Nov 16, 2018 7:38:10 GMT
I think its primarily to adress the issues of deposits these days. Due to Anti money laundering regulations in Europe, they seem to be having problems sticking to one bank in the long term... At least that's my guess why bank transfer details change very often... Having your own system surely makes this easier...
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Post by gmaxkenny on Jan 22, 2019 23:19:39 GMT
After all the fanfare there seems to be no follow up about giving investors bank accounts. Anyone know what is happening or have there been updates I have missed.
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0risk
Member of DD Central
Posts: 217
Likes: 202
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Post by 0risk on Jan 23, 2019 17:49:29 GMT
After all the fanfare there seems to be no follow up about giving investors bank accounts. Anyone know what is happening or have there been updates I have missed. They're still talking about offering IBAN number and debit card. I've read about it in their blog and interviews. It will take a while. Licence should be approved by end of second quarter.
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