The company estimates that it could obtain a banking license within the next 12 to 18 months.
Several months ago, Mintos began working towards obtaining a banking license from the European Central Bank.
“This is a major turning point for us. It will open up new opportunities and help us to engender even greater trust, which is the key to long-term wealth creation,” said Šulte.
He added that significant capital is required to obtain a banking license. The company is ...