FinanceShot

First Person Finance Blog

Grupeer

Main Characteristics

  • Up to 14% of annual return
  • Invest with BuyBack Guarantee (Loan deals and Development project)
  • Easy to use

 

Register for free on Grupeer and start earning up to 15% per year

 

My return on investment

My total deposit on Grupeer: 450 EUR

2019 – My return on investment: + 2,27%

  • February: + 1,13%
  • January: + 1,14%

2018 – My return on investment: + 11,67%

  • December: + 1,13%
  • November: + 1,14%
  • October: + 1,26%
  • September: + 1,14%
  • August: + 1,13%
  • July: + 1,25%
  • June: + 1,14%
  • May: + 0,94%
  • April: + 1,15%
  • March: + 0,80%
  • February: started tracking – + 0,59%

 

graph_interest

Comments on the performance (Update: February 2019)

I started from 150 EUR  deposited in February 2018. Then I deposited 100 EUR in April 2018 and finally 200 EUR in October 2018. I plan to invest even more.

I’m very satisfied about the performance that I’m obtaining on Grupeer. The return obtained in 2018 (+11,67%) is a very good result, but in 2019 I expect to obtain an higher return. I really would like to reach a return of 13% in 2019.

 

How to add funds

Remember that in order to register on Grupeer you must be 18 or older. Moreover they accept money only from european bank account (and from Norway, Switzerland, Iceland and Liechtenstein).

How to Add Funds

The investor can choose two different ways to add funds on his account: bank transfer or TransferWise. Money will be available on the balance within 3-4 working days. Then you can start investing on Grupeer. I personally use Bank Transfer.

Register for free on Grupeer and start earning up to 15% per year

 

Auto-Invest function

My advice is to set up, as soon as possibile, the Auto-Invest function, that automatically invest your money in loans that satisfies the conditions you impose at the time of setup.

Below you can see an example of Auto-Invest setup. I imposed, just for example, to invest on investment with a +10% interest rate, a term interval 3 to 12 months and a maximum invested amount per project of 25 EUR. You should choose your setup according to your objectives.

I suggest you to invest in many different projects and loans, in order to diversify your portfolio and reduce the risk. Moreover, considering that there are many loans available, I suggest you to avoid loans with a 10%/11% return.

 

Auto-Invest page

General Information

The minimum investment on a single loan/project is 10 EUR.

The range of interest offered by Grupeer is 10 to 14%. You will find an interest rate equal to 14% for the Development Projects. Instead, the interest rate offered by Loan Deals goes from 10 to 13%.

Both Development Projects and Loan Deals are covered by the BuyBack Guarantee, that is an important protection for the investor: Grupeer will buy back principal amount and interest for investment period from investor if loan is delinquent (for more than 60 days).

Grupeer do not act as Tax Substitute. This means that we receive the total gross profit from our investments and we will have to pay taxes on this profit (in Italy the tax rate is 26%).

At the moment is not available the Secondary Market, that would allows investors to sell other investors their investments before they reach their maturity. Howewer, on the platform it exists the page dedicated to the Secondary Market, but it says that it will be introduced later.

P2P loans on the platform

Below I insert examples of a Development project (first picture) and of the Loan Deals (second picture) that are available on Grupeer. As you can see, the Development Projects offers an higher return (14%) but they are more rare than Loan Deals, that offers a lower interest rate (10%-13%). The green shield that you can see in the pictures means that the investment is covered by the BuyBack Guarantee protection.

Development Project

Development Projects Page

Loan Deals

Loan Deals Page

 

Register for free on Grupeer and start earning up to 15% per year

 

If you don’t understand the meaning of one or more terms, I wrote an article that explain all the terms that I use. Check it out clicking here.

 

 

 

 

 

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