If you bear in mind the hectic pace at which everything is constantly evolving<\/strong> on the internet, you might say I am already a “veteran” on the subject.<\/p>\n\n\n\n (I’m kidding – I’m not!)<\/p>\n\n\n\n P2P Lending<\/strong> (Peer to Peer Lending) has become, almost instantly, one of the most interesting ways of investing money for me.<\/p>\n\n\n\n It offers high interest rates<\/strong> (which go along with the high risk involved – obviously) while, at the same time, demands little administration.<\/p>\n\n\n\n P2P Lending, briefly, is when someone (lender<\/strong>) is borrowing money directly to other people or businesses (borrowers<\/strong>) through an intermediate platform<\/strong> that acts as a regulator.<\/p>\n\n\n\n The massive growth of Financial Technology (FinTech) in the recent years has given an incredible boost to P2P Lending which is attracting more and more investors year by year.<\/p>\n\n\n\n If you are a beginner in this<\/strong>, I would recommend reading the following introductory articles prior to this one:<\/p>\n\n\n\n Ok, now. Let’s go back on our topic.<\/p>\n\n\n\n After 1.5 years<\/strong> in the “field”, I had the idea to start a Project (in the footsteps of many other bloggers out there) in which I will record the monthly interest rates and the yield of my investments of each platform<\/strong>.<\/p>\n\n\n\n Disclaimer:<\/em><\/strong> Starting in December of 2019<\/strong>, I will publish a monthly report in which I am going to depict the results and the performance of each platform I invest in.<\/p>\n\n\n\n My goal is to track the overall returns of my P2P Lending Investment Portfolio<\/strong> and, at the same time, the performance of each P2P platform individually.<\/strong><\/p>\n\n\n\n With the help of tables and charts I will demonstrate the monthly interest yields<\/strong> I receive as well as the average interest rate<\/strong> of each platform (and overal) per month.<\/p>\n\n\n\n The thing I aim for with this long-term project is, on the one hand, to keep a more thorough track of my P2P Lending returns<\/strong> and, on the other hand, to set an example (to avoid or imitate) for others<\/strong> who are thinking of taking their first steps in the field.<\/p>\n\n\n\n Monthly tracking<\/strong> will help me better allocate my investment funds between the different platforms in order to ensure consistently better returns.<\/p>\n\n\n\n Also, this project will be a hands-on example for those of you considering investing money on P2P Lending<\/strong> as you will have tangible proofs and results of my own investments.<\/p>\n\n\n\n Finally, the project will be fully transparent when it comes to the performance and the performance of each platform.<\/p>\n\n\n\n Before deciding to start with this project I was already an active investor on Mintos<\/strong> and Grupeer<\/strong>.<\/p>\n\n\n\n Generally speaking, I am pretty content with the performance of both of them (having some minor complaints – of course)<\/p>\n\n\n\n I have also tried investing on Twino<\/strong> for some time without any success. The P2P platforms I’m choosing to invest my funds from 01.12.2019<\/strong> are the following:<\/p>\n\n\n\n Initial Investment: 1.500\u20ac <\/em><\/strong><\/p>\n\n\n\n Mintos<\/strong> is the largest<\/strong> and most famous<\/strong> P2P platform in Europe at the moment.<\/p>\n\n\n\n Launched in January 2015<\/strong> from Latvia, currently has more than 200,000 active investors<\/strong> from 72 different countries.<\/p>\n\n\n\n Mintos offers loans which are 95% covered by the Buyback Guarantee<\/strong>, the minimum amount to invest\/participate<\/strong> in each loan is 10\u20ac <\/strong>and there is no<\/strong> account creation or management fee.<\/p>\n\n\n\n Last but not least, the platform promises an average annual interest rate of 11.89%<\/strong>.<\/p>\n\n\n\n As I mentioned above, I have been an active investor on Mintos platform since May 2018<\/strong> and, so far, I have not encountered any significant problems worth mentioning.<\/p>\n\n\n\n You can always take a look at my mini review of the platform after the 10 first months of active investing: *MoneyMinority BONUS*<\/strong><\/em> Initial Investment: 500\u20ac <\/em><\/strong><\/p>\n\n\n\n Grupeer<\/strong> launched on October 2016 in Riga, Latvia and has currently more than 19,000<\/strong> active investors from 89 countries<\/strong>.<\/p>\n\n\n\n (As you understand, Baltic countries are strong on P2P Lending entrepreneurism)<\/p>\n\n\n\n Grupeer’s operating model is similar to that of Mintos but its size is clearly much smaller.<\/p>\n\n\n\n Grupeer offers business and project development loans 100% covered by Buyback Guarantee.<\/strong><\/p>\n\n\n\n The platform promises an average annual return<\/strong> of 13.25%<\/strong> (higher than that of Mintos), no account creation and management fees <\/strong>and a minimum<\/strong> loan participation\/investment capital of 10\u20ac.<\/strong><\/p>\n\n\n\n As I mentioned above, I’ve been an active investor in Grupeer’s<\/strong> platform since September 2018<\/strong> and, with an exception of some delays when it came to withdrawing my money, I haven’t encountered any problems.<\/p>\n\n\n\n For the purposes of this project I will not show any past interest rate since my starting point will be 01.12.2019.<\/p>\n\n\n\n Initial Investment: 500<\/em>\u20ac<\/strong><\/p>\n\n\n\n EstateGuru <\/strong>is a Real Estate Crowdfunding Investment Platform<\/strong> from Esthonia <\/strong>that was founded in 2014<\/strong>.<\/p>\n\n\n\n It offers access to Short-term loans<\/strong>, which may not be covered by a Buyback Guarantee Scheme<\/strong>, but instead, they are secured by the real estate property itself.<\/strong><\/p>\n\n\n\n The platform promises an average annual interest<\/strong> of 12%<\/strong>, zero account creation & management fees<\/strong> and a minimum loan participation\/investment capital of \u20ac 50.<\/strong><\/p>\n\n\n\n Counting more than 34,000<\/strong> active investors from 106<\/strong> different countries and invested capital of more than \u20ac 160,000,000, EstateGuru <\/strong>is self-proclaimed as the “leading European marketplace for property-backed loans”<\/em>.<\/p>\n\n\n\n I have already created an account with EstateGuru in the past but did not proceed with any investments.<\/p>\n\n\n\n The reasons why I chose to include EstateGuru in the Monthly P2P Lending Income Project are 2:<\/p>\n\n\n\n I am starting with an initial capital of \u20ac 500. <\/strong><\/p>\n\n\n\n Initial Investment: 300<\/em>\u20ac<\/strong><\/p>\n\n\n\n FastInvest <\/strong>is a P2P Lending platform with its headquarters in the U.K. (but originated from Latvia) that was founded in 2015<\/strong>.<\/p>\n\n\n\n They provide access to consumer loans that are covered by a 100% Buyback Guarantee<\/strong>. The average annual interest rate<\/strong> that FastInvest promises is 14%<\/strong>, it doesn’t charge any administration or account creation fees<\/strong> and sets a minimum loan investment\/participation capital of \u20ac 1<\/strong> (!).<\/p>\n\n\n\n FastInvest<\/strong> reports that it has over 30,000 active users<\/strong> from 55<\/strong> different countries with invested funds reaching a sum of \u20ac 13,000,000.<\/strong><\/p>\n\n\n\n Some of the platform’s highlights are the high interest rates<\/strong> it offers that go along with a particularly interesting BuyBack Scheme<\/strong> which promises to repay (by FastInvest itself and not by the loan originator) any installment delayed by more than 3 (!) Days.<\/strong> One main con of FastInvest is that they are a little bit secretive when it comes to their company’s inside information. I have mixed feelings<\/strong> about this platform. <\/p>\n\n\n\n I am going to include it in the project, quite conservatively though.<\/p>\n\n\n\n FastInvest will participate in the Monthly P2P Lending Income Project with an initial capital of \u20ac 300.<\/p>\n\n\n\n Initial Investment: 500\u20ac <\/em><\/strong> <\/p>\n\n\n\n CrowdEstate <\/strong>is a Real Estate Crowdfunding Investment Platform<\/strong> that was founded in 2014 <\/strong>in the country of Esthonia<\/strong>.<\/p>\n\n\n\n The platform offers potential investors with the following 3 different loan types:<\/p>\n\n\n\n The average anual interest rate that CrowdEstate <\/strong>promises is 17,69%<\/strong>, it doesn’t require any account creation or managements fees and has a minimum loan participation\/investment capital of 100\u20ac<\/strong>.<\/p>\n\n\n\n CrowdEstate has more than 40.000 active investors<\/strong> who have invested a sum of capital bigger than 80.000.000\u20ac<\/strong> in more than 200 real estate projects.<\/strong><\/p>\n\n\n\n Apart from EstateGuru, I would like to add a second Real Estate Crowdfunding platform in my portfolio so I can have a benchmark.<\/p>\n\n\n\n My initial investment capital on CrowdEstate is 200\u20ac.<\/p>\n\n\n\n Initial Investment: 200<\/em>\u20ac<\/strong><\/p>\n\n\n\n PeerBerry <\/strong>is a, relatively, new P2P Lending platform from Latvia that was founded in 2017<\/strong> and is a part of Aventus Group<\/a>.<\/p>\n\n\n\n It offers access to consumer loans in Euro that are 100% covered by the Buyback Guarantee<\/strong> (60 days delay).<\/p>\n\n\n\n
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I am not, by any means, a professional investment consultant and the following are just personal “experiments”.
Keep in mind that, investment = risk!<\/em><\/p>\n\n\n\n
\n\n\n\nWhat is the MoneyMinority P2P Monthly Income Project?<\/strong><\/h2>\n\n\n\n
\n\n\n\nWhat do you aim with the MoneyMinority P2P Monthly Income Project?<\/strong><\/h2>\n\n\n\n
\n\n\n\nWhich P2P platforms will I invest in:<\/strong><\/h2>\n\n\n\n
I withdrew my funds almost instantly since it gave me the impression that it was under-performing (few loans which were constantly appearing and disappearing etc).<\/p>\n\n\n\n
\n\n\n\nMintos Platform | 1.500\u20ac<\/strong><\/h3>\n\n\n\n
![\"Mintos](\"http:\/\/moneyminority.com\/wp-content\/uploads\/2019\/11\/Mintos-P2P-Lending-Platform.png\")
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My personal first 10-month experience on Mintos platform><\/strong><\/p>\n\n\n\n
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If you create your account using the link below you will get an 1% cashback bonus on all your investments for the first 90 days!<\/strong><\/p>\n\n\n\n
\n\n\n\nGrupeer Platform | 500\u20ac<\/strong><\/h3>\n\n\n\n
![\"Grupeer](\"http:\/\/moneyminority.com\/wp-content\/uploads\/2019\/11\/Grupeer-P2P-Lending-Platform-1.png\")
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\n\n\n\nEstateGuru Platform | 500\u20ac<\/h3>\n\n\n\n
![\"Estate](\"http:\/\/moneyminority.com\/wp-content\/uploads\/2019\/11\/Estate-Guru-P2P-Lending-Platform-1.png\")
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\n\n\n\nFast Invest Platform | 300\u20ac<\/h3>\n\n\n\n
![\"Fast](\"http:\/\/moneyminority.com\/wp-content\/uploads\/2019\/11\/Fast-Invest-P2P-Lending-Platform.png\")
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(A pretty different Buyback Guarantee that the ones we have encountered before – I will explain).<\/p>\n\n\n\n
This is very different than the market-stadard BuyBack Schemes which usually repay installments that are delayed after 30, 60 or even 90 days.<\/p>\n\n\n\n
Up until recently, even the names of the Loan Originators they were working with were kept secret (they have now announced one of them).<\/p>\n\n\n\n
\n\n\n\nCrowd Estate Platform | 200\u20ac<\/h3>\n\n\n\n
![\"CrowdEstate](\"http:\/\/moneyminority.com\/wp-content\/uploads\/2019\/11\/CrowdEstate-P2P-Lending-Platform-1.png\")
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\n\n\n\nPeer Berry Platform | 200\u20ac<\/strong><\/h3>\n\n\n\n
![\"PeerBerry](\"http:\/\/moneyminority.com\/wp-content\/uploads\/2019\/11\/PeerBerry-P2P-Lending-Platform.png\")
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