Mintos Diversification: 6 Asset Classes in One App – Is That Enough? (Deep Dive 5/5)

Six different asset classes in a single app – that sounds like strong diversification, and that's exactly what Mintos promises. Alongside loans, you can now also invest in bonds, real estate, ETFs, crypto and money market funds there. But how broadly can you really diversify on Mintos, how good are the individual products – and does it even make sense to bundle everything on one platform? That's the subject of part 5 of 5 of my Mintos Deep Dive, the finale on spreading risk and diversifying.

A quick bit of context: I've been invested on Mintos for over five years and have built up a portfolio of more than €13,000 there – across loans, bonds, real estate and a little ETFs. So I can speak from experience. As always, the important note: this is not investment advice and not a buy recommendation, but my personal opinion and experience. Loans, bonds, real estate, ETFs and crypto are risk investments – a total loss is possible. I'm responsible for my money, you for yours.

What diversification actually is

The principle behind diversification is simple: we spread our money across different investments – and within an asset class too – instead of betting everything on one horse. The stock example makes it tangible: if you put everything into one single stock and it loses all its value, your money is gone. Spread across ten stocks and a total loss costs you only 10%; across a hundred, only 1%.

But the other side matters just as much: diversification lowers risk, it never fully removes it. Even broadly diversified, you can lose money. And how you should diversify depends on your personal situation – age, time horizon, risk appetite. As a rough guide: those close to retirement usually go more conservative (e.g. broadly diversified bonds), while younger investors who can bear more risk tend to add stocks or loans. That's something you have to decide for yourself.

Diversifying within the loans

Let's start with Mintos' specialty: loans. Mintos was originally a pure P2P lending marketplace and only later evolved into a multi-asset platform – loans are still the heart of it. And this is exactly where you can diversify extremely broadly.

There are 39 active lending companies (loan originators) from over 20 countries lending to all sorts of people and businesses – across around ten loan types: consumer, car, business, mortgage, short-term and agricultural loans, and more. Technically you invest in what are called Notes, each bundling 6 to 20 individual loans. Buying just a single package from a single provider isn't diversification – only broad spreading makes the difference. I'm personally invested in around 630 Notes; at an average of ten loans per package, that's over 6,000 individual loans.

Interest ranges from roughly 6–7% to 17–18%, averaging 10.27% according to Mintos right now. Important to understand: that's the average interest rate, not the average return – because loans can default. Which is exactly why broad diversification matters so much here.

The 6 asset classes on Mintos

Now to the actual multi-asset part. Alongside loans, you can invest in five more asset classes on Mintos – each with its own opportunities and risks:

• Loans deliver monthly cash flow from interest, but carry the default risk of individual borrowers.
• Bonds pay fixed coupons from 50+ issuers – an average return of around 8.75%.
• Real estate brings ongoing rental income from residential property, with its own particular risks.
• ETFs track the world market – over 1,000 to choose from, from as little as €1 and with no Mintos order fee.
• Crypto is available as ETPs: no ongoing income, but highly speculative.
• Smart Cash is a BlackRock money market fund – a very conservative way to park money with same-day availability, in exchange for a low return.

The compelling part: you have all of it in a single app, neatly in one account. So you could run your big ETF building block through Mintos and diversify alongside it into loans, bonds and real estate. That's essentially what I do too – though my focus is still on the loans. But a word of caution here as well: even though these classes generally "behave" differently, in a real global recession they can still all fall at the same time.

A good moment right now: up to €500 bonus

If you want to try Mintos yourself, now is a good time: via my link with the code INVEST26 there's currently a tiered welcome bonus of up to €500 – but only until 30 September 2026. After that the maximum is up to €350 (with the code GO-LENNARD).

Cumulative investment	Bonus
from €1,500	€20
from €2,500	€35
from €5,000	€75
from €10,000	€175
from €25,000	€500

I've summarised all the details, deadlines and eligible products in a separate article: Mintos INVEST26 in detail. For transparency: this is a referral link. If you sign up through it, I receive a small commission – it doesn't cost you more; on the contrary, you secure a bonus you wouldn't otherwise get.

Diversify automatically with a savings plan

Diversifying doesn't have to be manual work. On Mintos you can set up a savings plan for the automated portfolios and for ETFs you pick yourself, investing regularly on your behalf:

The savings plan runs weekly, every two weeks, monthly or every three months (for Core and Custom Loans even daily). So you could set, for instance: every month, automatically €500 into an ETF, €100 into loans and €100 into bonds – giving you automatic diversification you no longer have to manage.

3 things you need to know

Diversification is powerful – but before you start, you should have understood these three things:

1. Diversification lowers risk – it doesn't erase it. This is the single most important point. Even broadly diversified you can lose money; in a real crisis, all asset classes can fall at the same time.

2. Platform risk: everything in one app. As convenient as bundling is, your money sits concentrated in one place. Mintos is based in Latvia, regulated as an investment firm under MiFID II and supervised by the Latvian central bank, and ETFs are held as segregated assets just like at a domestic broker. But: there is no €100,000 deposit insurance like at a bank. There is an investor compensation scheme of up to €20,000 – but it only applies in cases of insolvency or fraud at Mintos, not for loan defaults or price losses. That's why I deliberately spread across other platforms too.

3. You do the tax yourself. Because Mintos isn't based in your home country, withholding tax isn't forwarded automatically to the tax office – unlike with a domestic broker. Once a year you get a tax report, which you declare in your tax return or hand to your tax adviser. To be fully honest: Mintos isn't entirely tax-free at source – it withholds Latvian withholding tax on interest (up to 25.5%, or just 5% with a confirmed EU/EEA residence, creditable in your tax return). It's not rocket science, but you need to know it. I explained how this works in part 2 on safety and taxes.

My verdict

Is Mintos worth it for diversification? For me: yes – but deliberately, and as part of a broader portfolio. What makes it compelling is the combination of six asset classes in one app and the ability to diversify within each class again: across thousands of loan packages, across 50+ bond issuers, and freely chosen ETFs. If you already have a broadly diversified world portfolio, loans, bonds or crypto can be an interesting satellite holding.

The biggest thing you have to accept, for me, is doing the tax yourself – plus the platform risk. If you're aware of that, Mintos is a surprisingly versatile tool. I've been using it for over five years with more than €13,000, and I'm sticking with it. And yes: you can also over-diversify – but the option to spread this broadly is clearly a positive in my book.

That was the finale of my Deep Dive. If you missed the other parts: in part 1 I show my complete Mintos portfolio, part 2 is about safety, regulation and taxes, part 3 is about passive income and part 4 takes an honest look at whether Mintos is worth it in 2026.

Now I'm curious about your view: how diversified are your investments – and do you already use Mintos? Feel free to share in the comments. You'll find all current P2P promotions bundled in my P2P bonus overview.