Peerberry is owned by major lending company, Aventus Group, which offers loans in Czech Republic, Latvia, Poland, Georgia, Ukraine and Kazakhstan. Anyone in EU, Switzerland, Russia and Ukraine can sign up to become investors.
Peerberry is a European P2P lending platform that allows users to invest in consumer and small business loans from various countries. It was launched in 2017 and it is operated by Aventus Group. It offers loans from different originators, diversifying risks for investors. Some of the key features of Peerberry are:
Auto-invest feature Secondary market for selling loans Buyback guarantee Diversification across loans and originators Low minimum investment Detailed loan information and statistics
✅ Within 5 years of PeerBerry's operation, our investors funded EUR 1,5 billion in loans. ✅ In total, PeerBerry paid out EUR 17,3 million in interest to its investors.
✅ In 2022, PeerBerry investors funded EUR 537,5 million in loans. ✅ In 2022, PeerBerry investors earned EUR 7,16 million in interest. ✅ 14 524 new investors joined the platform in 2022.
Vietnamese lender CayDenThan is now listing loans on PeerBerry CayDenThan VN started offering loans with a 12% annual return, backed by a buyback and group guarantee. CayDenThan VN is a joint venture of Aventus Group and GoFingo Group in Vietnam.
I am very much interested in 50/50 partnership equity with the total amount of 1,3 Billion property projects. I will submit the information on the request. if there is a serious business dealer inbox me as soon as possible.
Gofingo is one of PeerBerry business partners with almost 15% share of loans listed on PeerBerry. In 2019, Gofingo Group companies issued 35,88 million Eur of loans – 2,4 times more than in 2018. The total loan portfolio of the Group at the end of 2019 amounted 6,6 million Eur. At the end of 2018 the total loan portfolio amounted 2,75 million Eur.
During January this year, 1,400 new investors have joined to the PeerBerry investors community – 20% more than in previous months. PeerBerry currently has more than 18 400 investors who are enjoying investment opportunities at PeerBerry.
Peerberry seems like a very new platform and inexperienced with P2P lending due to its launch on the 1st of November 2017. However, this platform is an extension of Aventus Group which has years of experience in lending, half a million customers and 18 million loan portfolio. They have been profitable for the past 9 years which is a testament to the stability and reputation.
In 2019, Aventus Group companies issued 193 million Eur loans – 2,6 times more than in 2018. More than one million – 1 681 667 units of credits (including credits with prolongations) in total were issued during the year 2019. It is 2,8 times more in comparison with credit volumes in 2018.
There’s no secondary market or a way to sell back your loan to PeerBerry before the loan term. For the short-term loans, this is not a big issue, because they mature in at most 45 days. Most of the loans on PeerBerry are late by 30-60 days, but even with that, you can get a hold of your funds in at most 3 months.
For the long-term loans. If you invest in a 5 years loan, you’ll need to wait for 5 years before exiting the PeerBerry platform.
Once you click on a loan you’re interested in, you get a bit more details about the borrower. The details contain their age, sex, country and how many loans the borrower already has. You can also see the loan originator details, interest rate, remaining loan term and if the loan has a buyback guarantee policy or not.
On the Invest page, you get a list of available loans, with interest rates around 10-12%. Most of the loans available are short-term, although I’ve also seen a few that have more than 12 months terms.
You can also filter the available loans by interest rate, loan term, the amount available for investment, country, loan originator and if the loan has a buyback policy or not.
The Aventus Global group has a fairly strong financial position, with almost €20 million of equity, and €5.8 million of profit for the first half of 2019. Most loans offered on Peerberry currently come from two lending groups – Aventus Group and GoFingo.
Peerberry's Autoinvesting function is similar to others in the sector, and it is not complicated to configure, basically we must indicate the size in euros of our Auto Invest portfolio, define the amount to invest in each loan, and from there specify the type of objective interest we want, the countries and originators in which we wish to invest.
Peerberry has managed to gather thousands of investors and more than half a dozen credit originators in an accessible and very simple platform that since November 2017 has provided solid and stable returns to its investors.
Peerberry ist the name of the marketplace AV Marketplace SIA which is located in Riga, Latvia. This company is owned by Lithunian loan originator Aventus Group, which offers loans from Czechia, Latvia, Poland, Georgia and since 2017 from Ukrania and Kazachstan. Aventus Group was founded in 2009 and is according them profitable ever since.
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All PeerBerry loans are covered by a buyback guarantee that will repay all the invested capital + interest that should have been paid 60 days after the non-repayment of the loan installment.
PeerBerry was established on November 1, 2017, having in the original loans platform loan originator Aventus Group and its subsidiaries. It has since added more than 20 loan originators . Almost everyone operates on European soil, but in a timid manner PeerBerry has begun adding loan originators from Asia.
I have noticed since the beginning of 2023 that the number of loans has decreased enormously. My money is therefore not reinvested and no longer earns me anything. I was hopeful that my investments impacted by the war in Ukraine would be reimbursed by now. This is not the case.
Last replied by Outlawking on Friday, 27 January 2023