MONESTRO Review: Peer to Peer Lending

MONESTRO is a p2p platform focusing on consumer loans in Estonia and Finland. Loan average amounts are ca. 2300 EUR and term is 2 years. Borrowers present their bank account statements to prove salary and income. Borrowers sign the documents with strong electronic signature to ensure the proper authentication and legal binding of borrower.

Investors can select loans manually or configure a autoinvest function which will then automatically select and invest in desired risk category loans.

The portal is open for investors from EU countries + Switzerland and Norway.

Founded: 2016

Origin: Estonia

Buyback guarantee: No

Secondary Market: Yes

Autoinvest: Yes

Minimum investment: 10 EUR

Members
  • canythould43
  • himeed49
  • lonspribeen
  • runted
  • sedgerhy10
  • thoungg
  • yommywindy
Recent Group Photos
https://www.globalp2plending.com/images/groupphotos/94/580/thumb_69a0e2a830fed2bf3b50b5cb.png
MONESTRO Review: Peer to Peer Lending
  • canythould43
    canythould43 added a new photo
    Loans are put up for auction, where investors make bids on loans based on real market conditions for given risk profiles. Investors can ask additional questions from the borrowers to make sure the risk is acceptable for them. Investors may also configure an automated bidding tool "Autoinvest" to help save time and to better diversify their portfolios.
    • Loans are put up for auction, where investors make bids on loans based on real market conditions for given risk profiles. Investors can ask additional questions from the borrowers to make sure the risk is acceptable for them. Investors may also configure an automated bidding tool "Autoinvest" to help save time and to better diversify their portfolios.
    320 days ago
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