Various funding platform Mintos has continued its pan-European growth plans by formally launching in Italy and Spain.
The Latvia-headquartered agency launched in Germany final month.
Mintos connects buyers with mortgage originators worldwide. Final yr, it expanded its providing to incorporate a fractional bond product and change traded funds.
Learn extra: Mintos ends 2023 on a excessive as provide fails to satisfy “surging demand”
Mintos commissioned Censuswide to hold out a survey of Italians and Spaniards to tie in with the brand new market launches.
The ballot of 4,000 buyers from each international locations discovered that half are presently not investing in monetary devices.
Moreover, 40 per cent of Italian respondents and 33 per cent of these in Spain mentioned that they want to begin investing sooner or later.
The power to begin by investing small quantities was cited as a key motivator, in addition to the chance to study extra in regards to the world of investing.
“The sizable phase of non-active buyers signifies important progress potential in Italy and Spain,” mentioned Martins Sulte, chief govt and co-founder of Mintos.
“The almost equal break up between energetic and non-active buyers underscores a powerful curiosity in funding alternatives.”
Mintos was based in 2015 and now has greater than 500,000 prospects throughout Europe.
It’s authorised below the EU’s Markets in Monetary Devices Directive and presently manages greater than €600m (£514m) of property.
