My Swaper Performance Report – 6 Months After

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I started to invest on Swaper at the beginning of 2019. This means that 6 months have passed since my first investment and today I want to talk about my Swaper Performance after these first 6 months, my current situation and my opinion about this platform.

First of all, if you don’t know what we’re talking about, read my full review of Swaper. On the dedicated page you can find all the information you need to start earning on Swaper.

I’ve invested 200 EUR on this platform. The total profit at the end of June was 9.08 EUR.

Overview

Swaper is a P2P Lending platform based in Latvia. Swaper is a new player in the P2P Lending world, and it’s not famous as platforms like Mintos and Grupeer, which I reviewed some days ago, but I decided to give it a try in order to increase the diversification of my P2P Lending Portfolio.

First of all, check out the overview of my account:

Account Overview Swaper

This amount (209.85 EUR) includes also the earnings of July. As I said before I will do my calculations using the profit at the end of June (9.08 EUR).

I have a balance of 209.85 EUR. Remember that I deposited 200 EUR on Swaper. The total profit, at the end of June, was 9.08 EUR (+4,55%). On Swaper is not available a Referral Campaign for the moment.

Resume of my first 6 months on Swaper:

  • Monthly Average Profit (Interest): +0,76%
  • Annualized Profit (Interest): +9,10%

Swaper is not my best performing platform for now but this return is not a bad result. Howewer I hope to increase it in future.

If you want to examine my exact monthly performance, check out the page dedicated to Swaper.

Current strategy

I also want to share with you the current strategy of my Swaper account, just to be completely transparent with you.

I’m currently using the Auto-Invest function. I noticed that sometimes there are no available loans on the platform, and this fact reduce the annualized interest rate. Indeed, it is lower than the expected one.

This is my Auto-Invest setup:

Auto-Invest Swaper

All loans available on the platform are covered by the Buyback Guarantee protection. This protection is very important in case of late loans.

This is my strategy, and for sure it’s not the best strategy. Set up the Auto-Invest function according to your financial goals and risk tolerance.

Conclusion

In conclusion, these are my Swaper performance after 6 months from my first investment on it.

For the moment I never had issues on Swaper except for the low amount of available loans.

Its performance are not so stable, as you can check by reading my monthly performance on Swaper.

Are you already using Swaper? If yes, are you happy with it? Let me know in the comments!

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4 Replies to “My Swaper Performance Report – 6 Months After”

  1. 6 month is too short for a conclusion. Late loans are paid back after 3 months. In the long term the profit will reach 12%.

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