Mintos Address: Skanstes street 52, Riga LV–1013, Latvia mintos.com

Secondary market data until 2019-09-25 23:59:59

Deep dive into the Secondary Market

About the Secondary Market The Secondary Market provides liquidity for investors, especially for longer-term loans. Investors can exit investments faster. They can also invest in loan shares (sold by other investors) that are with either discount or a premium. About the statistics The file consists of data visualisations and conclusions at the end. The numbers for 2019 are shown until 25.09.2019. 23:59:59. Please emphasize it when creating content for your audience to avoid misleading them.

Mintos Address: Skanstes street 52, Riga LV–1013, Latvia mintos.com

Secondary market data until 2019-09-25 23:59:59

1. Loans sold (by count and value) on the secondary market per day per year (not cumulative)

2. Loans sold (by count and %) by Top 10 loan originators in 2019 (until 25.09.)

Mintos Address: Skanstes street 52, Riga LV–1013, Latvia mintos.com

Secondary market data until 2019-09-25 23:59:59

3. Loans sold (by count and %) by loan type in 2019 (until 25.09.)

4. Buyers on the secondary market (by count) per year (not cumulative)

Mintos Address: Skanstes street 52, Riga LV–1013, Latvia mintos.com

Secondary market data until 2019-09-25 23:59:59

5. Loan shares (by count and %) sold by remaining term (months) in 2019 (until 25.09.)

6. Loans (count and %) sold by initial term (months) in 2019 (until 25.09.)

Mintos Address: Skanstes street 52, Riga LV–1013, Latvia mintos.com

Secondary market data until 2019-09-25 23:59:59

7. Distribution of premiums and discounts (by count and %) in 2019 (until 25.09.)

8. Average premium/discount in 2019 (until 25.09.)

Loans sold at Real value, EUR Nominal value, EUR Distribution Average premium/discount Sellers' profit

premium € 12,833,679 € 12,762,738 13% 0.56% € 70 941

par € 54,830,608 € 54,830,608 54% 0%

discount € 33,235,442 € 33,451,890 33% -0.65%

Total € 100,899,729 € 101,045,236

9. The compound annual growth (CAGR%) rate

CAGR

2015 → 2018 305%

Mintos Address: Skanstes street 52, Riga LV–1013, Latvia mintos.com

Secondary market data until 2019-09-25 23:59:59

10. Year over year (YoY%) rate

YoY

2015 → 2016 248%

2016 → 2017 286%

2017 → 2018 939%

Conclusions

• The Secondary Market has grown significantly over the years since Mintos was founded, showing the most rapid growth starting from 2017.

• In 2019 (until 29.05.) most sold loans (13.6%) have been issued by Mogo, followed by Varks (8.10%) and Kuki.pl (6.9%). Not surprisingly, all Top 3 loan originators contribute to the Top 3 loan types traded on the Secondary Market - personal loans, short-term loans, and car loans.

• In comparison with the Secondary Market in 2016, it has become way more diverse, meaning it's easier than ever to create a well-diversified portfolio of investments in loans on Mintos.

• Together with the number of total active investors on Mintos has grown also the number of buyers on the Secondary Market which translates into stability when it comes to liquidity.

• The majority of loans and loan shares traded on the secondary market are with a term of up to 1 year (12 months).

• The remaining term is calculated by the count of days between transactions on the secondary market and the closing date, for example, 27.71% loan shares are sold/bought when the remaining term is 1-12 months.

• It's not possible to analyze loans (at loan level) sold by the remaining term because shares of one and the same loan might be a) sold by multiple investors at different times, b) bought from one investor by multiple investors in different dates.

• Sellers on the Secondary Market have earned € 70 941 by selling loans with a premium (with the average premium of 0.56%). Most loans (54%) on the Secondary Market are bought at par.