Mintos expands into Czechia to bring diverse options into market

July 23, 2024

Mintos, a leading multi-asset investment platform, has officially launched in Czechia, marking another milestone in its European expansion.

Known for offering a blend of alternative and traditional investment products, Mintos aims to cater to a broad range of investors, according to Finextra.

The company, founded in 2015, has already made significant inroads across various EU countries, amassing a user base of over 500,000. With authorisation from MiFID, Mintos manages assets worth over €600m, showcasing its robust growth and trusted reputation in the investment community.

Investment activities are on the rise in the Czech Republic, with recent surveys indicating that 38% of the population is actively investing part of their earnings.

Despite this growing interest, there remains a cautious approach to risk, particularly among female investors, who are twice as likely to refrain from investing compared to their male counterparts. The most favored investment vehicles in the region include stocks, bonds, and precious metals.

Martins Sulte, CEO and co-founder of Mintos, explained, “These insights reveal a cautious approach to investing among Czechs, particularly among women. This underscores the importance of offering investment options that align with their risk tolerance and investment goals. Our focus on long-term, passive investing provides a suitable alternative for those looking to grow their wealth without the high risks associated with more volatile investment products.”

Mintos is dedicated to providing a variety of investment opportunities, including loans, bonds, ETFs, real estate, and Smart Cash. This unique combination of investment options allows investors to build and manage their portfolios efficiently from a single platform, catering to those seeking long-term wealth growth.

With its expansion into the Czech market, Mintos continues to solidify its presence in Europe, bringing innovative and accessible investment solutions to new regions.

Sulte added, “We’re excited to continue introducing diverse investment options on our platform to new regions. Our goal is to make investing accessible to all levels of investors, providing simple ways to diversify portfolios with both traditional and alternative assets.”

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