The number of women investing in alternative loans in Europe has increased dramatically during 2020, new research shows.
According to alternative investment market Mintos, women now constitute 15% of its total investor base – a 43% increase year-over-year.
Mintos found that Estonia had the highest proportion of female new investors, with women accounting for 36% of all new investors registered in the country last year. In Latvia and Lithuania, this number was 25% and 18%, respectively.
“The fact that a growing number of women are considering and actually starting to invest is a victory for everyone, knowing how under-represented this group of investors is,” said Martins Sulte, Managing Director and Co-Founder from Mintos.
“It also shows that alternative investments, especially loans, are an attractive asset class for female investors.”
A demographic breakdown of Mintos data showed that the average first investment amount among female investors ranged from € 20 (£ 17.50) to € 1,300.
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Women from Germany, Denmark, Finland, Andorra, Serbia and Monaco tended to make an initial investment of € 50 or less. Meanwhile, Irish, Icelandic and Albanian investors initially invested between € 200 and € 1,300.
According to Mintos, the average female investor on the platform had an outstanding balance of € 2,028 at the end of last year, up from € 4,164 at the end of 2019. This would reflect the economic anxiety caused by the Covid pandemic. -19. .
“In January 2021, investment volumes have steadily increased, but it is too early to make projections at this precise moment,” Mintos added.