Finto has successfully exited Income and executed buying back all loans from Income investors. The cutoff date for Finto investments was the 17th of January, 2023. According to our agreement with them, 60 days of interest from the cutoff date was paid to our investors to compensate for the early exit from the platform.
After executing all buybacks and clearing all accrued interest, the remaining extra interest was allocated as a bonus to those investors who were invested in Finto loans. These investors can already see the bonus on their income account under “bonus” in the earnings section of their account view.
We thank all our investors for their trust in Finto and Income.