AS Mintos Marketplace

AS Mintos Marketplace

AS Mintos Marketplace was founded in 2015 in Riga, Latvia, by Mārtiņš Šulte and co-founders who saw an opportunity to create a secondary market for consumer and business loans across Europe. The firm is registered with the Bank of Latvia as a regulated investment firm, positioning itself as a platform rather than a fund manager. The marketplace aggregates loans from dozens of originators across Europe, offering investors exposure to consumer credit, small business lending, real estate loans, and invoice financing. Investors can select individual loans or use auto-invest strategies. Mintos has facilitated over €500M in total investor deposits since launch (per public record), with loan originators active in Poland, Spain, Georgia, Kenya, and several other emerging markets. The firm operates a lean team structure, with its headquarters in Riga and no disclosed additional offices. As of 2025, Mintos has not publicly reported a dedicated AUM figure given its marketplace model; total assets under administration on the platform exceed €200M (per public record). No separate philanthropic vehicles or operating companies have been disclosed. Mintos’s structural differentiator is its regulated marketplace model — it does not originate or warehouse loans but instead vets and lists loans from third-party originators, taking a fee. This creates a capital-light structure with lower balance-sheet risk than direct lending competitors, though it also limits the firm’s control over loan underwriting.