Mintos, a Latvia-based multi-asset platform offering alternative and traditional investment options, has announced its entry into the French and Dutch investment markets.
After a successful foray into Germany, Italy, and Spain markets, Mintos is continuing its expansion in the European market with France and the Netherlands.
Established in 2015, the platform has more than 500,000 users across Europe and currently manages over €600m in assets under administration.
It is authorised by the European Union’s (EU) Markets in Financial Instruments Directive (MiFID). According to a recent survey by French financial regulator Autorité des marchés (AMF), nearly one in four French individuals report owning investments in crypto assets.
The survey was conducted in collaboration with the EU’s Organisation for Economic Co-operation and Development (OECD).
The survey reveals that new investors are mostly driven by the desire to diversify their savings, with 35% citing this as their primary reason for investing.
Also, around 90% of investors believe that maintaining their investments over the long term will yield profitable returns.
In addition, Statistics Netherlands (CBS) and the Dutch Authority for the Financial Markets (AFM) reported that around a quarter of the households in the Netherlands actively engage in investment activities.
Mintos said that it is well-positioned as the European platform for investing in loans, allowing investors to invest in consumer and small business credit for potential long-term returns.
Recently, the platform has added Fractional Bonds to its offerings, which allow customers to invest in high-yield bonds from as low as €50 and zero commissions, with regular, fixed returns.
Mintos offers managed ETF portfolios with a minimum investment of €50 and completely free of charge, a significant advantage compared to other players in the market.
Its offerings include bond and equity ETFs from reputed providers such as Amundi, iShares, JP Morgan, Vanguard, and others.
Mintos CEO and co-founder Martins Sulte said: “In the ever-evolving landscape of investment, we want to emerge as the go-to platform for investors seeking sustained portfolio growth over time, prioritising stability over speculative gains.
“These findings underscore the widespread interest and participation in investment opportunities among Dutch households, reflecting a growing awareness of the importance of financial planning and wealth management.”