Mintos pursues ECB banking licence
17 February 2026 Latvia
Image: rh2010stock.adobe.com
Mintos has initiated the process to pursue a banking licence from the European Central Bank (ECB) to strengthen investor trust, expand the firm鈥檚 financial infrastructure, and support sustainable growth across Europe.
Founded 10 years ago as a peer-to-peer lending marketplace, Mintos has become a regulated, multi-asset investment platform serving nearly 700,000 registered investors and managing over 鈧�800 million in assets.
In the last two years, the firm has expanded its product offering to include fractional bonds, ETF portfolios, real estate, and its Smart Cash solution, while completing its rollout across all EU markets.
Seeking an ECB banking licence represents the next phase of the company鈥檚 development as it will provide access to deposit-based funding and create a foundation for offering lending and other banking products directly to customers, expanding the platform's long-term product offering.
The banking licence also enables deposit protection of up to 鈧�100,000 and would give Mintos greater control over key parts of its infrastructure, including custody, clearing, and settlement 鈥� something that would support sustainable, long-term growth, according to the firm.
Martins Sulte, CEO and co-founder of Mintos, states: 鈥淧ursuing an ECB banking licence is a strategic decision that builds on the strong regulatory and operational foundation we have already established.
鈥淚t enables us to expand what we can offer our investors, combining the trust and stability of a bank with the innovation of a modern investment platform.鈥�
Founded 10 years ago as a peer-to-peer lending marketplace, Mintos has become a regulated, multi-asset investment platform serving nearly 700,000 registered investors and managing over 鈧�800 million in assets.
In the last two years, the firm has expanded its product offering to include fractional bonds, ETF portfolios, real estate, and its Smart Cash solution, while completing its rollout across all EU markets.
Seeking an ECB banking licence represents the next phase of the company鈥檚 development as it will provide access to deposit-based funding and create a foundation for offering lending and other banking products directly to customers, expanding the platform's long-term product offering.
The banking licence also enables deposit protection of up to 鈧�100,000 and would give Mintos greater control over key parts of its infrastructure, including custody, clearing, and settlement 鈥� something that would support sustainable, long-term growth, according to the firm.
Martins Sulte, CEO and co-founder of Mintos, states: 鈥淧ursuing an ECB banking licence is a strategic decision that builds on the strong regulatory and operational foundation we have already established.
鈥淚t enables us to expand what we can offer our investors, combining the trust and stability of a bank with the innovation of a modern investment platform.鈥�
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