“Can a regulated European P2P-turned-multi-asset investment platform acquire a banking licence and become the primary wealth-building account for retail investors across Europe?”
Founded in 2014 as a peer-to-peer lending marketplace connecting retail investors with consumer loan originators across Europe. Following regulatory changes and the ECSP framework, Mintos pivoted to become a regulated multi-asset investment platform licensed under MiFID II, repositioning loans as financial instruments rather than P2P contracts. Over 2023–2025 it layered in fractional bonds, ETF portfolios, real estate, and a Smart Cash product, effectively evolving toward a retail wealth platform. In February 2026 it announced pursuit of an ECB banking licence — a structural step toward becoming a fully chartered bank and further legitimising its €800M+ AUM investment proposition.
Mintos moves money over SEPA.
Mintos uses Veriff for KYC and identity verification.
The Embedded Finance Index 2026 maps 3 layers in Mintos's stack: Money movement (SEPA); Lending (Loan investments (fractional claims on consumer/SMB loans originated by third-party lenders) and Fractional bonds); KYC (Veriff).
Mintos is founded in 2014 and headquartered in Riga, Latvia.
Mintos has raised $20.3M in total.
Get a read on where your own stack stands against Mintos and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.