And as I said in August: for me this is all stuff Mintos have to do because there's no way to have consistent, profitable business if you're just a loan broker mainly depending on retail investors.
Big LOs (Aventus, Creditstar, ...) prefer to top their funding from bonds with some retail investor money, which they can collect themselves (on Peerberry, Lendermarket, ...). They don't need Mintos for that. All that's left for Mintos is Mogo (and other LOs which are kind of the same group of companies as Mintos) and a roster of small LOs which range from shady to shitty.
So, my guess is that Mintos want to evolve into some kind of bonds issuer to collect money from institutionals and thus escape the decay of p2p marketplace lending. It will be interesting to see which LOs can follow that move. And I would expect that the change in handling accrued interest will turn away some retail investors because they simply don't understand.
From what I understand of withholding tax, it is difficult to reclaim. Anyone know the process?
If it's similar to the process involving dividends, then it depends on the country where taxes were withheld and possibly your residence as well. You will probably also have to pay some fees for documents or whatnot and waste a few (hundred) nerve cells during the process.