Mintos has rolled out another cashback offer for investors, this time via Spanish loan originator ID Finance.
ID Finance is a lending company which specialises in consumer loans in Spain and Mexico. Between 19 and 30 June, all investments made through Mintos in ID Finance loans will earn between one and three per cent in cash back.
The cashback only applies to loans originated by ID Finance in Spain.
Investments in Notes with a remaining term of up to 30 days will be rewarded with one per cent cash back.
Loans made on Notes with a term of 31 days to three months will receive two per cent in cashback, and investments made in Notes with a remaining term of over three months will earn three per cent in cash back.
Read more: Mintos plans to offer ETFs later this year
To qualify, investors need to enrol in the campaign and invest a minimum of €50 (£42.70) into Notes for ID Finance Spain.
This is the latest in a series of cashback offers advertised by Mintos recently. Earlier this month, Botswana-based loan originator ExpressCredit launched a new cashback offer for investors, with rewards ranging between 0.5 per cent and two per cent.
And in December, GoCredit – a payroll lending company based in Mexico – launched a 1.5 per cent cashback offer for Mintos investors to celebrate receiving a BBB investment grade from Latin American rating agency PCR Verum.
Read more: Mintos defends decision to close Revo case without full recovery of funds
