Today I want to share with you my personal Top 3 of the P2P Lending Platforms that I use. I think that this post can be useful if you want to start investing in the P2P lending world or if you want to diversify your portfolio.
In particular, these are the platforms that I use from the beginning of my experience in this world, so I can say that I know them pretty well.
Let’s start this Top 3!
Mintos is probably the most famous european P2P lending platform. In 2018 Mintos reached EUR 1 billion of investments in loans in August and got super close to EUR 1.5 billion already in December of 2018. I made the first investment on Mintos on December 2017. Since then, my balance reached 800 EUR.
Here it is an example of the kind of loans you will find on Mintos after your first investment. The liquidity is very good, infact I never have on my balance money not invested.
On Mintos is available the Auto-Invest function. I posted below a screen of my Auto-Invest portfolios. As you can see, I have two portfolios: one oriented to short-term investments (1 to 3 months) and the other one oriented to long-term investments (more than 48 months). I chose loan with Buyback Guarantee, that means that if the loan default, Mintos will repay our investment plus the interests. Howewer, if you want to risk more, there are also loan without Buyback, that grants you highest interests.
Finally, here you can see my situation after more than 1 year of presence on Mintos. I’m having a Net Annual Return equal to almost 12%, that is not bad at all. Obviously, there are some late loans, but they are a minor part of my entire portfolio. Moreover, I never experienced a default loan.
The minimum investment is 10 EUR per loan.
In order to start earning on Mintos, you need to create an account and then you have to deposit to your personal balance. You can deposit through bank transfer, and money will be available in your balance within 1 or 2 working days. If you register from this link, you will receive 1% of your average daily balance, paid in 3 installments within the first 90 months.
I think that Grupeer is the second most famous european P2P lending platform. I’ve been using it since February 2018, and I’m still very satisfied of its performance. As written on the homepage, Grupeer says that investors will receive an average annual return equal to almost 14.40% and can count on almost 6000 investors, that is an huge number. This is a very good return for an investment like this, covered by Buyback Guarantee.
On Grupeer you will find Development projects, like the one below, that always grants interestes between 12% and 14% and are covered by Buyback Guarantee (you can check looking if there is the green shield next to the project). Development projects have always a medium or long duration, I would say 10 to 20 months.
Moreover, you can find commercial loans, which guarantees a lower interest (between 10% and 13%). They have the Buyback Guarantee, that is a very important aspect for investors. Liquidity is very high on Grupeer, that means that you will ever find available projects or loans. The minimum investment is 10 EUR per loan.
On Grupeer is available the Auto-Invest function. Below you can see my setup: I chose investments with an interest higher that 10% and that goes from 3 to 12 months of duration.
Finally, here it is my situation after 1 year of presence on Grupeer. I’m really satisfied about my performance, and that’s why I’m here writing about it.
In order to start earning on Grupeer, you need to create an account and then you have to deposit to your personal balance. You can deposit through bank transfer, and money will be available in your balance within 1 or 2 working days.
The third platform I want to show is EstateGuru, that is a P2P lending platform oriented to real estate projects based in Estonia, Lithuania and Latvia.
I posted a preview in which you can see 3 typical investments available on EstateGuru. They are divided between Bull projects (you will receive monthly interests) and Full Bullet (you will receive the total amount of the interests at the end of the loan). Loans available on EstateGuru guarantees an interest that goes from 9% to 11%. The minimum investment is 50 EUR per project.
Here you can see my situation after more than 1 year of presence on EstateGuru. At the moment I have 12 open investments and I receive almost 9 eur of interest per month.
This is an example of how a portfolio looks like on EstateGuru, so you can have a clear idea of how your investments are performing and their status.
In order to start earning on EstateGuru, you need to create an account and then you have to deposit to your personal balance. You can deposit through bank transfer, and money will be available in your balance within 1 or 2 working days. If you register from this link, you will receive an additional 0.5% of your investments available on your balance.