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European P2P Lending Plaform Mintos Changes Status for E-Cash, Dziesiatka

European P2P Lending Plaform Mintos Changes Status for E-Cash, Dziesiatka European peer-to-peer lending platform E-Cash and The Mintos team writes in a blog post: “Along with proceeding with the recovery of funds from E-Cash and Dziesiatka, we are changing the status for both lending companies on Mintos.” As noted by the firm, their previous status was “Score Withdrawn – Suspended” and their Status now is “Score Withdrawn – Defaulted.” The status change is “identical for both lending companies,” the P2P lending platform confirmed. For E-Cash, Mintos changed the status as “current estimated cash flows are not sufficient to cover the full exposure.” The company added that along with continuing negotiations, they are defaulting the lending company “in order to speed up the process of recovery of funds for investors on Mintos.”

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European Online Lending Marketplace Mintos Releases First Update of its Risk Scores based on Q3 2020 Data

European Online Lending Marketplace Mintos Releases First Update of its Risk Scores based on Q3 2020 Data Peer to peer lending marketplace Mintos has confirmed that the first update of its Mintos Risk Scores is now live and accessible. The European loan marketplace provider notes that it’s sharing the first quarterly Mintos Risk Score update “since this numerical model for evaluating risk of investing in loans was introduced in October 2020.” The latest update of the scores and subscores is reportedly based on the monitoring and evaluation of data from the third quarter of last year. The Mintos team noted that on their Risk Score updates page, you may find detailed information regarding all the different changes made to the company’s Risk Scores and subscores, and comments regarding each case, beginning with 2021.

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