Mintos has partnered with know-how supplier Upvest to boost its exchange-traded fund (ETF) portfolios throughout Europe.
The brand new partnership will enable Mintos to automate its processes and handle its ETF portfolios extra successfully with the assist of Upvest’s Funding API.
“We’re thrilled to associate with Mintos, a platform that aligns completely with our mission of constructing investing as simple as spending cash,” mentioned Martin Kassing, chief government and co-founder of Upvest.
“With Upvest’s funding infrastructure, Mintos can now automate a number of the behind-the-scenes processes of their ETF portfolio providers, benefiting from Upvest’s state-of-the-art API capabilities.”
Learn extra: Mintos debuts in France and the Netherlands
Mintos started providing personalised ETFs in December 2023 and has continued to replace its product providing ever since. The European lending market has additionally rolled out fractional bonds choices to its traders as a part of its progress technique.
Earlier this yr, Mintos introduced that it had swung into revenue following a “transformative” 2023.
Martins Sulte, chief government and co-founder of Mintos, mentioned that the Upvest partnership will assist to solidity Mintos’ place as a one-stop answer for long-term investing for retail traders throughout Europe.
Learn extra: Mintos secures €2m in debt funding from FlyCap
“Partnering with Upvest is an thrilling milestone for Mintos, because it permits us to streamline our inner processes and enhance our operational effectivity,” mentioned Sulte.
“By migrating our ETF providing to Upvest’s Funding API, we are able to improve the administration of our diversified portfolios, lowering guide processing and calculations.”
Learn extra: Mintos introduces personalised ETFs
