Tag: estateguru

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More joy and good news in a long August

A good month of August has brought more joy than the last few months and some good news, although it is taking a long time for me in terms of work.

While many are enjoying a well-deserved holiday, those of us on the other side are waiting for it to arrive, perhaps in October…

Back to the important stuff, this month has brought in €759 in profits, split between €520 in interest and €239 in bonuses.

It has been exceptional in the case of Robocash over the rest of the platforms, thanks also to the fact that I have invested more than 25.000€. 

It has also been a good month at Peerberry with €117 in interest, although they have been publishing few projects lately, which fly among the more than 58,000 investors.

In addition to Robo.cash (+950€) and Peerberry (+1,400€), I have taken the opportunity to increase the portfolios in Esketit (+200€), Lendermarket (+150€) and Viainvest (+150€).

I continue to phase out of Bondster, as I intend to stop working with them as soon as possible.

In September I am expecting the definitive return and withdrawal of Bulkestate, after 18 months of delay, which has been an eternity for me.

I am also hopeful that Crowdestor will return 20% of the Renewable Energy project in September and Consumer Loan Portfolio Acquisition and Kaleju 57 could be sold before November.

And maybe even Housers will give us good news for the sale of Sagasta, even if it is below the estimated price. My first return in four years…

Some of you have asked me how to invest €1,000, €5,000 and even €20,000, to which I always reply that I am not a financial advisor.

But, if after studying all the options you opt for Crowdlending, I would consider 50% to Robocash, 25% to Peerberry, 10% to Viainvest and the remaining 15% among the rest of the recommended platforms: Lendermarket, Esketit, etc.  

And as a sample of my investments, here is the August return that will pay for my next holiday:

In August I have had a number of friends and family visiting me, which has resulted in some overspending, but there is no better way to spend it than on them.

Despite this, I am still above 51% savings relative to earned income, as you can see here. 

This doughnut is more visual to distinguish platforms in full withdrawal (Lenndy, Mintos, Crowdestate, Bulkestate, Housers, Bondster and Crowdestor) and others in clear increase (Esketit, Lendermarket, Viainvest, Robocash and Peerberry): 

And in this last graph, you can see the profits for this month of August compared to previous months and years:

Here are the platforms that I am very satisfied with in green, somewhat less so in orange and undesirable in red:

Peerberry (+info)

Another €117 was earned by Peerberry in August, €4 more than the previous month.

Vietnam’s DongPlus originator has joined the portfolio at 12% p.a. and is guaranteed by the Aventus Group.

With regard to projects affected by the conflict in Ukraine, 42.21% have already been repaid. Here you have more information

In big news, Peerberry was the number one funded platform in July, €3.5 million ahead of Mintos, which lost its preferred position.

This month I have added €1,400 to my portfolio, thus starting the challenge of reaching Gold status (+€25K invested) and its additional return of 0.75%.

Peerberry has surpassed €1.3 billion in funding and has already paid over €15 million in interest to the nearly 59K current investors.

This is the main panel, which contains the status summary of this great platform:

If you want to invest in them, here they add 0.5% of your investment if it exceeds €500 during the first 30 days:

Viainvest (+info)

They have contributed €19 in August and it is one of the chosen ones in which I have increased the portfolio by €150.

On 2 August they completed the transition from individual loans to asset-backed securities which have not been well communicated.

The biggest complaint has been about the duration of the securities (182 days), which had not been reported previously.

This has caused them to send an email to every investor explaining the maturity process of asset-backed securities, hoping that everyone would understand it, which has not been achieved.

In any case and after studying them in detail, I trust this new safer product, although I prefer to invest manually for a while to check each one before investing.

Therefore, I do not make use of autoinvest and when an individual loan ends, I reinvest it in a security of my choice that I study in detail.

Here you can see some of the latest ones:

And in this chart you can see that I still have almost twice as many individual Loans as the new Securities, although they will be rebalanced as they are finalised:

I am interested to see whether investment financing falls or, on the contrary, continues to rise steadily.

If you want to start earning, this banner gives you €15 just by investing more than €50. What are you waiting for? With only 50€!

Robocash (+info)

Robocash has come out in August and has brought in €293 in interest and another €200 in welcome bonus… Olé, olé y olé.

The increase is remarkable because I have surpassed €25K invested which brings a +1% return.

August has brought 640 new investors, we have raised €610K in returns and €17 million has been funded.

But I must say that, although the figures are exceptional, I have a complaint towards one originator: Unapay.

I have therefore modified my autoinvest to not invest with them as they are the only ones in arrears, even if they apply their 30-day payback:

On the other hand, on 24 August they lowered the profitability percentages, which are as follows:

I recommend investing in longer-term projects with higher returns, as they also pay interest once a month.

As a sample, here is my automatic investment chart:

Another new development in August is that Natalya Ischenko has been promoted as the new CEO of Robocash, while Sergey Sedov continues as Chairman of the Board.

Don’t miss the opportunity to join them in this banner, where they add 1% of your investment if it exceeds 500€ during the first month:

Lendermarket (+info)

This platform is giving me a lot of joy and I have rewarded it with an additional €150 added to my portfolio.

I intend to exceed €5,000 in December, even more so if the completion of the Crowdestor projects and the sale of Housers materialise.

Below is my panel where the yield has risen further to 14.32% and arrears have fallen to over 31 days:

If you want to benefit from their 1% promotion for investments over 300€, click on the following banner:

Esketit (+info)

This month they have contributed €8 in interest and it is still the platform with the highest annual return: 14.85%.

With my €200 contribution to the portfolio, I have over €1,000 invested and hope to double it before December if it continues to perform so well.

If we compare the last 6 months, we can see that they have financed more than €46 million and during the last 3 months it has doubled:

FEBRUARY 2022
AUGUST 2022

Over €81M invested, 3800 investors and more than €1.3 million in interest.

Below is my dashboard, where you can see that only €42.36 is more than 31 days overdue out of the €1,050 invested:

And the main thing is that they continue to keep their failed projects at ZERO since they started in January 2021.

In August, they launched the “Esketit Experience”, which is a series of interviews. The first interview aired, you can watch it here.

If you invest on this great platform, here is an additional 1% bonus for amounts over €100 for the first 30 days:

Estateguru (+info)

In August they paid a backlog of €8.25 for July, but I am still waiting for another one, which they say they are looking for a solution to.

I hope that in September it will be regularised, as we have been waiting 36 days for them to comply with a payment to which they committed themselves on 16 August.

At the moment, this platform is leaving me with some doubts, so I will wait until the end of September before making a decision.

I already invested in 2018 with them, but I see that delays are still common, or maybe it was my choice of projects?

The fact is that there are 140,000 investors and their feedback is really good, so I will give them another month’s leeway.

Here is my dashboard, showing the project backlog and the interest generated since July 2021:

If you want to join them, in this banner you have a Welcome Bonus that brings an extra 0.5% to your investment for the first 90 days:

Kirsan Invest (+info)

August has brought me €4 again and now it’s time to let compound interest do its job and continue accumulating capital to invest.

As of 31 August, they have just funded their latest project and have told me that they are going to launch several in a few days.

I have also been given an update on the change in the image and usability of their website, which will take place in October.

This is my panel as of today, with 220€ waiting for them to launch their next project:

They continue to close projects with some dynamism and have already financed 27 projects with an average return of 11.87%.

They have a welcome bonus of €10 from a minimum investment of €200, which you can take advantage of here.

Bondster (+info)

August has brought €11 in profitability, which has also dropped due to the fact that I have withdrawn €139 this month.

They have paid back some of their arrears over 60 days, which in July were over €207 and have now been reduced to €172.

In July I already withdrew the welcome bonus as I have stopped recommending investment on this platform until further notice.

Crowdestor (+info)

This month they have contributed a meagre €32, a figure they have not suffered since August 2021.

But I remain hopeful that they will return 20% of the Renewable Energy project in September, plus a possible sale around November of the Consumer Loan Portfolio Acquisition and Kaleju 57.

Month after month, the profitability is decreasing and is down 0.15% compared to last month, as my panel shows:

I have been in full retirement for two years now, in which I have reduced just over €11,000. I hope to get rid of the remaining amount in another two years…

Just in case, I remind you that I do not recommend investing in any way in this platform, which I keep in the shadows because it continues to return projects, albeit at a very slow pace.

Housers (+info)

What happened in Housers in August? Something VERY important: they have proposed a vote for the sale of the Sagasta project, even if it is below the estimated price.

I am particularly excited, because it will be my first return in four years… Now all that remains is for the tenant to leave (to see how he has left the house), for the sale to be closed, for the money to arrive and for the company to be liquidated. Optimistically, around November.

And then I show you the Sagasta project which, with an estimated duration of 24 months and being funded on 27/01/2017, is still showing “No incidence”.

Perhaps 44 months behind schedule is not enough for “Overdue” to appear instead.

And that is all in relation to this platform that has been giving us, the long-suffering investors, so much trouble for the last four years.

Bulkestate (+info)

I am still waiting for the Amalijas Street project to be returned in September, 18 months behind schedule.

What I do not know is why it appears “Paid” in the project, when it has not been paid and the proposed date is 26/09/2022:

As soon as they pay it, I will say goodbye to them for good, although I have to say in their defence that at least they have kept us informed.

Maybe it will pick up in the future, but I doubt they will be able to count on me by then.

Crowdestate (+info)

Still no news, apart from the third unsuccessful auction to sell off the Baltic Forest projects, which are more than two years behind schedule.

Crowdestate has filed a legal claim against the project managers.

The additional problem is that they have not provided any information about this project for four months. Does it cost them that much?

Yet another platform that has lost investor confidence due to the accumulation of failed and delayed projects.

On the other hand, the last monthly report dates from October 2021 and the latest annual accounts date from 2019. Weird, isn’t it?

Remaining reported and doubtful platforms

We remain confident that justice will take its course and we will recover the failed investments between 2019 and 2020.

Since then, no platform has failed. The new European regulation has a lot to do with this.

We have new developments in the investigations against Kuetzal and they are VERY optimistic, as their conglomerate has been unravelled.

We expect to have a proposal for payments shortly from two originators.

Progress on Envestio has been made in Malta and Estonia, but there is still a long way to go.

And from Monethera I am still waiting to testify against them, so I remain at the disposal of the competent authorities when they require me.

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699 in earnings in a fruitful month of June

A fruitful month of June delivered a profit of €699 with three main players: Robocash, Viainvest and Peerberry.

As you can see below, they have outperformed the month of May and are the three platforms my own sister has started investing in, and I’m sure she is delighted. 

In total, there was a return of €434 and a referral bonus of €265, still far from the target of €2,500 per month.

Other platforms that have also performed well and which I need to give a financial boost to are Lendermarket and Esketit.

As usual, the worst performers have been Housers, which has distributed €1 since January, and Mintos, which has returned €0 of the outstanding €710. 

Crowdestor has been half-hearted, as it has advanced some commitments, but has not delivered on the Renewable Energy project, which promised to pay €110K on 29 June.

This month I have invested up to my financial safety cushion (€2,900) between five platforms that offer me absolute confidence. I will give you all the details below.

I am very satisfied with the savings accumulated this year, which after six months stands at 52.94%, as you can see here. 

Here is what the month of June has brought:

Perhaps this doughnut is more visual to understand the distribution of my investments, some of which are in retreat and some of which are clearly on the rise:

As you can see in this graph, June has narrowly outperformed May and should improve on a monthly basis thanks to the contributions made:

And below I show you the most recommendable platforms in green, undesirable in orange and undesirable in red:

Peerberry (+info)

Spectacular month from Peerberry who has brought in €113 in profitability and a €115 welcome bonus via the link I provide below.

My sister, who has invested in this profitable platform that brings so much joy to more than 56,000 investors every month, has also signed up.

In June I added an additional €300 to my portfolio and have seen my return increase from 11.93% to 12.11% p.a. in just one month.

Here are the monthly earnings that Peerberry has been bringing me since November 2018. For more details, click here

This is the main panel, which contains the status summary of this great platform:

And this is the statement for the month of June, showing the € 5539.48 from closed projects that have been reinvested together with the interest generated and € 300 deposited:

In June, the repayment rate for Russian and Ukrainian projects reached 35%, which translates into €17.5m.

And this graph shows the good financial status of the projects funded in Peerberry, with delays of less than 15 days 😉

If you are interested in them, in this banner they add 0.5% of your investment if it exceeds 500€ during the first 30 days:

Viainvest (+info)

They have contributed a return of €18 in June and a further €40 in bonuses.

They continue to publish projects at a good pace, so I have increased my portfolio by another €200:

This month I have changed one of the parameters of autoinvest so that I only invest in short-term projects, as they offer the same return as the credit lines and I have free access to my savings within a maximum of 30 days.

If you want to start earning, this banner gives you €15 just by investing more than €50. What are you waiting for? With only 50€!

Robocash (+info)

Another 215€ of interest that Robocash has brought me in June!!!! And this month I have received another €60 bonus…. Great!

Such is my confidence that I have invested a record €1,900 in June, already over €22K and close to the €25K figure I will reach in August:

I am particularly excited to have surpassed €2K in interest earned in three and a half years and hope to double this figure in 9 months, even more so now that I am investing in two-year projects at 13% (+0.7% for having more than €15K invested):

Robocash Group is looking for new products in India and Indonesia, while in Vietnam, loans issued in 2022 increased by 125%.

78% of the projects funded are from RC Riga Singapore, which, as you can see above, are my favourite.

17 million in funding, have distributed more than half a million euros in profits and have 560 new investors.

Remember to invest for the long term, as the return is higher and the interest payment is monthly.

If you want a sample of how I invest, in April I set out my investment panel, which I have not changed.

Don’t miss the opportunity to join them in this banner, where they add 1% of your investment if it exceeds 500€ during the first month:

Lendermarket (+info)

In June I earned a return of €15 and another €10 in welcome bonuses.

Since the results are so satisfactory, in June I increased my portfolio by a further €300, taking it to over €2000 invested.

I maintain the plan to exceed €5,000 in December, even more so if Crowdestor projects meet their repayment schedule.

This is my panel as of 30 June:

Lendermarket is very easy to use and, as a sample, here you have this monthly statement that shows the main sections:

And for those of you who have asked me how the Lendermarket buy-back guarantee works, here is an example.

This is my most overdue project, which expired on 4 May and which executes the buy-back after 60 days. In other words, on 4 July I will be reimbursed the capital, the interest for the first month of the loan and the interest for late payment for the two months it has been delayed:

In May they added the new originator Credory to their portfolio, but I have not yet had a chance to invest in them.

If you want to benefit from their 1% promotion for investments over 300€, click on the banner:

Bondster (+info)

June has delivered €11 in returns and I have yet to see the improvement that the €150 contributed in May should have brought.

This is because many projects are overdue and do not pay interest until the 60 days are up, as you can see here:

In the meantime, I hold €75.56 delayed for more than 60 days, but this is because it is invested in a Russian originator and economic transactions to the EU are very limited.

Remember to select the parameters from Autoinvest and do not use any of the 3 available strategies. Never use them.

If you want to join this platform, get in this banner an additional 1% from 100€ of investment during the first 90 days:

Esketit (+info)

This month they have contributed €10 in interest and another €10 in a welcome bonus and are the platform with the highest annual return: 14.83%.

In June I added another €200 to my portfolio, which will exceed €1000 in July, as I plan to dedicate the same amount to the portfolio.

Below is my dashboard, where you can see that only €25.80 is overdue for more than 16 days out of the €814.26 invested:

More and more investors are trusting them and 300 new ones are being added every month. As of 30/06 we are 2875.

For those with more than €25K or €50K invested, the “Gold and Platinum categories” award +0.5% and +1% respectively.

In August I wrote a detailed article about this platform created by the founders of Creamfinance who have been in the market for 10 years, which you can read here.

They continue to keep their failed projects at ZERO and have already exceeded €1 million in interest on their €60M+ financed projects.

If you invest on this great platform, here is an additional 1% bonus for amounts over €100 for the first 30 days:

Estateguru (+info)

June has not been profitable because they make quarterly payments, so I will not receive the €16.50 due until July.

In this screenshot, the yield appears to be 0%, but it is actually 11%:

In July 2021 I invested €300 and another €300 in October and have already accumulated €41.25 in returns.

I will have to check their performance soon, as I have invested with them before, but suffered many delays. For now, it is being different.

In June they have been very active and have launched 14 new projects from 9.5% to 12%, reached €594M financed and exceeded 135,000 investors.

They already have offices in Estonia, Germany, Finland, Latvia, Lithuania, Armenia and the UK. Not bad, is it?

In addition, they have joined the European Investment Fund to participate in the financing of the European entrepreneurial ecosystem.

If you want to join them, in this banner you have a Welcome Bonus that brings an extra 0.5% to your investment for the first 90 days:

Kirsan Invest (+info)

June has given me €4, which will become €6 as soon as the new project pays interest.

This is the new project in which I have invested the accumulated €228, also for 6 months and at 13% per annum:

They currently have two projects in financing at 10% and 11% annual returns at 18 and 12 months, which I show you below:

They continue to close projects with some dynamism and have already financed 25 projects with an average return of 11.91%.

Since June, German has been added to the existing Spanish and English languages.

They have a welcome bonus of €10 from a minimum investment of €200, which you can take advantage of here.

Crowdestor (+info)

This month Crowdestor has contributed €47 in profitability and returned €48 of the principal of two projects.

They currently have two projects at 30% annual returns, but I still do not recommend investing in them.

If, despite this warning, you are still interested in them, you will find many blogs that offer welcome bonuses.

This month they have missed payments on the Renewable Energy project on two dates, but communication is not their strong suit and I don’t know why.

This is my current control panel, in full retirement since August 2020:

Housers (+info)

This week the deeds have been signed for one of the projects – Vara del Rey – which is rented for 1300€ per month thanks to the efforts of one of those affected, at least until we can register the change of administration in the Mercantile Register and then proceed with its sale, hopefully not much below the purchase price.

This month I should be happy because I have once again collected a little more than one euro, which has not happened since January….

To make matters worse, Housers keeps its 10% commission, oblivious to the two and a half year delay of this project:

The Housers nightmare continues to take away the sleep of many thousands of savers who trusted in their management and we still don’t see the light at the end of the tunnel…

In March I published the 150 projects overdue up to that date, some more than 38 months old. I’m sure that by now some more have been added, and that’s 41 months. And those that are missing…

Bulkestate (+info)

I am still waiting for the Amalijas Street project to be returned in September, 18 months behind schedule.

As soon as they pay, I will say goodbye to them for good. At least we have been kept informed.

Crowdestate (+info)

Still no news, apart from the third unsuccessful auction to sell off the Baltic Forest projects.

Crowdestate has filed a legal claim against the project managers.

Another platform that has lost investor confidence due to the accumulation of failed and delayed projects.

Remaining reported or doubtful platforms

We remain confident that justice will take its course and we will recover the failed investments between 2019 and 2020.

Since then, no platform has failed. Fingers crossed…

A few days ago I was asked to testify as a person affected by the Monethera case before the Guardia Civil, but at the end of June I have still not been called.

Investigations against Kuetzal, a company from which a part was recovered, appear to be ongoing in Colombia, Hong Kong, Malta and Russia.

Especially in the latter two countries, the prospects for recovery are very high thanks to the latest agreements reached.

Progress has been made in the proceedings against Envestio in Malta and Estonia, but at a somewhat slower pace….

Posted on

Best month of May since 2020

Yes, it has been the best month of May since I started publishing my data in 2020. No great joy, but satisfied with the overall performance.

It has contributed €406 in profitability, €183 in welcome bonus and a prize of €100, for a total of €689.

This is €200 less than the previous two months, but I am really satisfied, although still far from the target of €2,500/month.

This month I have had a number of unexpected expenses that have forced me to pay back €297 from Peerberry. The use of these platforms as a wallet account is an advantage in these cases.

On the other hand, I took part in a raffle on Esketit and I won €100. A joy that has come in handy this month!

As usual, after receiving my salary in May, I contributed €200 to Lendermarket, €150 to Bondster and €1800 to Robocash.

This month I would like to highlight Peerberry’s €126 welcome bonus, Robo.cash’s €202 in interest and Bondster’s never before achieved €15.

I also take it as a positive that the amount invested in Crowdestor has been reduced to below €16K.

On the negative side, two projects that we have unlinked from Housers have to go through a process in the Commercial Registry that will delay the sales for some months more…

. . .

. .

Here’s what the month of May has brought. NOTE: I have added the €100 Esketit prize to the Bonus column:

And here is the historical series in which you can see that last month was the best May for three years: 

And below, I show you the most recommendable platforms in green, undesirable in orange and undesirable in red:

Peerberry (+info)

This month Peerberry has contributed €84 in profitability, plus an extraordinary bonus of €126 thanks to your investments via the link below. Thank you very much!! I am sure you will be as happy as I am with this platform.

On 31 May they paid €1.35 million of the war-affected Russian and Ukrainian projects, amounting to 32% of the total €50.22 million.

It has been the platform most affected by the war but also the most active in the search for solutions. My trust in them remains firm.

If you are interested in finding out what’s new, Peerberry publishes every few days and you can follow them here.

This month I needed to pay some extra expenses and I did not hesitate to withdraw €297 from this platform, which I will return to my wallet in June.

Instead of using a bank account with zero profitability, I always make use of some platform to get money in 1-2 days.

You could call it a platform – wallet, very useful and much more profitable!

This is the main panel, which contains the status summary of this great platform:

If you are interested in them, here they add 0.5% of your investment if it exceeds €500 during the first 30 days:

Viainvest (+info)

They have contributed €16 in May and I have to celebrate that they have a lot of projects available to invest in.

At the moment (01/06) they have 2960 projects to fund and last May was the second month with the highest number of projects published, amounting to €8.9M.

And to celebrate, I am going to increase my portfolio for the third time this year with another €200. My panel looks like this:

During the first 10 days of June, any investment made through your autoinvest will be charged 12% instead of the usual 11%.

They have surpassed the 29K registered users barrier with an average amount invested of €3,168 and growing.

If you want to start earning, this banner gives you €15 just by investing more than €50. What are you waiting for? With only 50€!

Robocash (+info)

Another 202€ of interest that Robocash has brought me in May!! Although there was no welcome bonus this month, I am VERY satisfied.

Such is my confidence that I have invested a further €1,800 in May, bringing me to over €20K, already close to the €25K figure I will reach in August.

I will thus achieve “Diamond status”, which gives an additional +1% return on each project:

In May they financed €15.7M, welcomed 523 new users and gave us €542K in interest.

Since they launched in 2017, investors have earned more than €7M in interest.

They have already surpassed 25,000 investors, more than 3,000 in 2022 alone, mostly from France, Germany and Spain.

Here you can review the spectacular audited results for 2021 by FBK Grant Thornton, one of the Big Ten.

Remember to invest for the long term, as the return is higher and the interest payment is monthly.

If you want a sample of how I invest, last month I set out my investment panel, which I have not changed.

Don’t miss the opportunity to join them in this banner, where they add 1% of your investment if it exceeds 500€ during the first month:

Lendermarket (+info)

I love this platform in which I have just added another €200, which means €900 in 2022 and more than €1,700 invested.

With a further €300 to be invested in June, I will exceed €2,000 and maintain the plan to exceed €5,000 in December.

In May they delivered a return of €17 and a further €45 in welcome bonuses. Not bad, is it?

CreditStar Group, to which Lendermarket belongs, has just published its incredible first quarter figures, which you can see in detail here.

In May they added new originator Credory to their portfolio. It specialises in property-covered commercial loans.

This platform continues to impose its good work and is making headway over competitors such as Iuvo or Swaper, both of which have been tried and tested and have been banished from my portfolio.

If you want to benefit from their 2% promotion for investments over 300€ only until 7 June, click on the banner. From then on it will return to the usual 1%:

Bondster (+info)

May has been the most profitable month since I have been working with Bondster: €15. It is also true that I increased my portfolio by €150.

This month they have introduced the risk rating of their suppliers, but it remains to be developed, as only 5 out of 2646 projects apply it.

Remember to select the parameters from Autoinvest and do not use any of the 3 available strategies. Never use them.

It is preferable that you detail these 4 parameters and make the manual investment. Here is an example:

If you want to join this platform, get in this banner an additional 1% from 100€ of investment during the first 90 days:

Esketit (+info)

A further €5 in profitability, adding up to €45 in interest since May 2021 and a further €5 bonus. In addition, I won a raffle of 100€…. great!!!

Below you can review the 2021 financial positions of its Jordanian originator Money For Finance and its parent company Creamfinance.

In June I will spend an additional €200 on this platform, bringing my total investment to over €800.

For those with more than €25K or €50K invested, the “Gold and Platinum categories” award +0.5% and +1% respectively.

Below you can see the huge progression of the last 3 months of this booming platform. Keep an eye on it:

MARCH 2022
APRIL 2022
MAY 2022

They have more than 2,600 registered users with an average of €12,156 invested per person, which shows a high level of trust.

In August I wrote a detailed article about this platform created by the founders of Creamfinance who have been in the market for 10 years, which you can read here.

They continue to keep their failed projects at ZERO and have already distributed €860,000 in interest on their more than €53M in funding.

If you invest on this great platform, here is an additional 1% bonus for amounts over €100 for the first 30 days:

Estateguru (+info)

May has brought €8 of profitability that had been delayed for a few days and did not enter in April. In this screenshot, the yield appears to be 0%, but it is actually 11%:

In July 2021 I invested €300 and another €300 in October and have already accumulated €41.25 in returns.

I will have to check their performance soon, as I have invested with them before, but suffered many delays. For now, it is being different.

In April, 17 new projects were launched, placing them in the TOP10 for financing in EUR currency, with an accumulated €576M and more than 132,000 investors.

This month they have changed the account to which we must deposit money if we wish to invest in their platform.

In this interview with COO Mihkel Stamm, I learned that they intend to finance €5 billion per year from 2025 onwards through institutional investments.

In addition, they have joined the European Investment Fund to participate in the financing of the European entrepreneurial ecosystem.

If you want to join them, in this banner you have a Welcome Bonus that brings an extra 0.5% to your investment for the first 90 days:

Kirsan Invest (+info)

May has given me €4 instead of the usual €6 because the first project ended in April and the new one I joined on 3 May has not yet distributed interest.

This is the new project in which I have invested the accumulated €228, also for 6 months and at 13% per annum:

They currently have two projects in financing at 12% and 13% annual return for 6 months, which I show you below:

They continue to close projects with some dynamism and have already financed 23 projects with an average return of 11.94%.

In May, they participated in the Invest-Stuttgart Exhibition, where they presented the financing for the construction of several solar and cogeneration plants.

They have a welcome bonus of €10 from a minimum investment of €200, which you can take advantage of here.

Crowdestor (+info)

This month they have contributed €55 in profitability and returned €62 of the principal from two projects.

They have published a three-month offer on two of their projects, but I still do not recommend investing in them. If, despite this warning, you are still interested in investing, you will not find any welcome bonuses on this blog.

The good news is that I already have less than €16K invested with them. In August 2020 I accumulated €25K, so I have been able to withdraw €9K in 21 months.

This is my current control panel, in full retreat since then:

Housers (+info)

Hoping to soon leave behind two projects that are no longer under the management of Housers (great!), we have come up against the bureaucracy that the Commercial Registry imposes and that will delay the possible sale of both assets.

The Housers nightmare continues to take away the sleep of many thousands of savers who trusted in their management and we still don’t see the light at the end of the tunnel… But it will come, you will see.

They have still not paid any return since January on my 9 projects and there seems to be no prospect of this changing.

In March I published the 150 projects overdue up to that date, some more than 38 months old. I’m sure that by now some more have been added, and that’s 40 months. And those that are missing…

Bulkestate (+info)

I am still waiting for the Amalijas Street project to be returned in September, 18 months behind schedule.

As soon as they pay, I will say goodbye to them for good. At least we have been kept informed.

Crowdestate (+info)

Still no news, apart from the third unsuccessful auction to sell off the Baltic Forest projects.

Crowdestate has filed a legal claim against the project managers.

Another platform that has lost investor confidence due to the accumulation of failed and delayed projects.

Remaining reported or doubtful platforms

We remain confident that justice will take its course and we will recover the failed investments between 2019 and 2020.

Since then, no platform has failed. Fingers crossed…

A few days ago I was called to testify before the Police as a person affected by the Monethera case.

And it seems that the investigations against Kuetzal (which has already returned a part of it) and Envestio are still ongoing and the legal proceedings are taking shape…

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A great month of returns and other joys

February has been a month of returns and a few other joys 😉

It has just ended with optimistic news: Kuetzal’s insolvency administrator has returned almost €5.200, Lenndy has reappeared paying €4 after several months without news and Esketit has behaved exceptionally well.

The €5.200 will go almost entirely to Peerberry to exceed the €10.000 threshold for the additional 0.5% bonus on each project and to Robocash to reach the €15.000 threshold and its 0.7% bonus.

Although this month has only brought in €459 in profitability, I am satisfied with the figures obtained, a prelude to an excellent March:

We haven’t had a single piece of good news from the damned Housers and it continues to be desperate with their slovenliness and bad work. 

On the other hand, I used February to invest €3,650 in Peerberry, €450 in Bondster, €250 in Viainvest and Lendermarket.

Below you can see the profit obtained in February, the annual percentage of profitability and the total amount invested:

Here are the platforms that I am very satisfied with in green, somewhat less satisfied with in orange and undesirable in red:

Peerberry (+info)

Peeerberry brought me another €51 in February, which in March will be close to €80 after more than €10,000 invested.

As mentioned above, this figure will add an additional 0.5% to the percentage of each project invested.

This is the so-called Silver category, still far from the Gold (+€25K) or Platinum (+€40K) options:

Due to the events in Russia and Ukraine, they have stopped offering projects from these two countries and, in headline news, have exceeded €1 billion in funding and delivered €12M in returns to investors. ¡Bravo!

They remain second in terms of volume financed, with more than €207 million in the last quarter, behind only Mintos with €460 million.

If you want to invest in them, here they add 0.5% of your investment if it exceeds €500 during the first 30 days:

Viainvest (+info)

They have contributed €17 in February and it is one of the chosen ones in which I have increased the portfolio by €250.

They have more projects due to their new Broker Licence, in which investors have been brought under MiFID II regulation.

Investors can now be retail or professional and Viainvest is supervised by the Latvian Financial Commission (FCMC).

They are about to reach 28,000 registered users with an average of €3,119 invested in their projects.

A booming platform, they have increased their funded volume by 16.28% in the last three months, according to p2pmarketdata.com.

If you want to start earning, this banner gives you €15 just by investing more than €50. What are you waiting for? With only 50€!

Robocash (+info)

Another €137 that Robocash has given me in February! €768 contributed since November!!!! Olé, olé and olé.

But I am not satisfied with that and want to go beyond the €15,000 “Gold” category in March to earn an additional 0.7% per annum:

With such an amount invested, the snowball effect of compound interest, which has been giving me so much joy for several years now, is even more evident 😉

In the same vein, Robocash has published an article forecasting a 20% increase in P2P investments by 2022, with the wars and pandemics taking their leave.

I couldn’t help but comment that they have celebrated their 5th anniversary! Congratulations! And may there be many more…

They had considered downgrading their yields in March, but will wait a few weeks to see the extent of the conflict between Russia and Ukraine.

Since January I recommend investing in longer-term projects because they also pay interest once a month.

As a sample, here is my automatic investment chart:

I have increased the minimum investment period from the initial 31 days to the current 180 days to increase profitability. Also the minimum of €70 for each project

You can see that from 12% there are many projects (702) if you choose a longer term.

We are now over 23,000 investors and I am happy to have contributed 43 who I am sure will be as happy as I am with Robocash.

Don’t miss the opportunity to join them in this banner, where they add 1% of your investment if it exceeds 500€ during the first month:

Lendermarket (+info)

Another platform that is giving me a lot of joy and which I have rewarded with an additional €250 added to my portfolio.

I have already passed the €1,000 mark and with a return of 13.91%, I will be able to double the initial amount in 5 years. Not bad, is it?

Lendermarket has launched a 2% campaign for new investors with two conditions: invest more than €1,000 and in projects with a term of more than 11 months.

You can find all the information here.

If you want to benefit from their 2% promotion until 20 March, click on this banner:

Bondster (+info)

Another good month of Bondster which has earned me €6 and in which I have increased another €450, now over €1,000 invested.

His many projects at 16% for less than one year, in euros and with buyback are very interesting. Don’t miss them!

Of Bondster’s 27 originators, two of them are Russian, which cannot be invested in from autoinvest. Appropriate action.

Two new originators have joined Bondster:

  • OK Credit, a Moldovan company specialising in short-term microcredit at 10-12%.
  • Dyninno is a holding company with a presence in Russia, Romania, UK and Moldova with more than 350 employees. They have projects lasting an average of six months at 11%.

They have surpassed 15,000 investors and €93M funded in February.

Get an additional 1% from €100 of investment for the first 90 days:

Nibble (+info)

€4 was contributed by this platform in February with an initial investment of only €300 in April 2021 and a total of €44 in interest.

With almost a year of experience investing in them, I continue to be very satisfied with their results.

In two months I intend to expand my portfolio, as I am close to obtaining a supervisory licencefrom the Estonian FSA (Financial Supervision Authority).

I currently get a 14.5% annual return, but if you don’t want to take risks, take advantage of their classic strategy at 9.7% with Buyback and from 10€:

Esketit (+info)

I am still delighted with them and this month they have delivered €86 between profitability and affiliate bonus.

Keep an eye on it, because it has had a projection of 42.55% in the last quarter, as you can see from P2PMarketData:

They have invested over €31M and almost 400 new registered users in February, consolidating their good performance.

They devote a lot of resources to innovation and have therefore become the first platform to invest in “stable cryptocurrencies”.

In August I wrote a detailed article about this platform created by the founders of Creamfinance who have been in the market for 9 years and you can read it here.

They continue to keep their failed projects at ZERO and have already distributed almost half a million euros to the 1922 registered investors.

If you invest on this great platform, here is an additional 1% bonus for amounts over €100 for the first 30 days:

Estateguru (+info)

February did not bring any return because they pay in quarterly periods and I already received €24 in January.

In July 2021 I invested €300 and I invested another €300 in October. Now it’s time to wait until the summer to see how well they are doing.

This month they opened a technology office in Armenia and continue to deliver excellent results.

I already invested in 2018 with them, but they have improved a lot and their projects are really interesting and with few delays.

In fact, they have positioned themselves in the TOP10 for financing in EUR currency, with an accumulated €525M and more than 121,000 investors.

If you want to join them, in this banner you have a Welcome Bonus that brings an extra 0.5% to your investment for the first 90 days:

Kirsan Invest (+info)

I have reached February with just over €30 in returns from the three projects in which I invested €600 in September for 6 months, 1 year and 18 months respectively, two in Moldova and one in Spain:

They currently have three projects under financing, at 12%, 13% and 14% annual returns, all in Moldova:

They continue to close projects with some dynamism and have already financed 12 projects with an average return of 11.76%.

In March they are planning a makeover of their website and in April they will surprise us with another new improvement.

There are no welcome bonuses at the moment.

Crowdestor (+info)

This month they have contributed €144, but I still do not recommend investing given the delays and lack of information.

The only up-to-date project of the 11 I have invested in is supposed to finish in April – E. Fon Trompowsky Quarter – so I’ll let you know:

I do not recommend investing in this platform with an uncertain future.

Iuvo (+info)

I only have €21 left to withdraw from this platform where I have not seen a return since I invested €200 over a year ago.

Of the 5 projects invested, 4 are in arrears and if the 5th project is also not paid on time, repayment will be delayed until 10 May.

I don’t think it is a recommendable platform, although I see that some people rely on it. For me an 80% project backlog is too much.

Maybe we will see each other in the future, but a lot has to change to reverse my opinion of them.

Mintos (+info)

Since October they have not returned a single euro and there is still €735 left which I hope to get back one day.

They are already licensed as a European investment firm regulated by the Latvian FCMC (Financial and Capital Market Commission), but their inefficiency in recovering our investments makes me wary of their management.

Mintos is still the leading P2P platform in Europe, but Peerberry keeps getting closer every month, and many of us are waiting to get our money back before running away…

Housers (+info)

What happened in Housers in February? Not much: they have returned a project, the courts are unable to send them notifications because they have no known address, and they still do not offer solutions to the dozens of projects that are still blocked.

I will give you an example of the Juan de la Encina project, which ended its vote on 23 February:

  1. Review and approval of the 2020 annual accounts. 13 months later? Yes, it does.
  2. Proposal for a reduction in the price of the project. What profitability will they publish next?
  3. Let’s leave it up to Housers’ proposed Administrator to do as he pleases. This is the summary.

And now, those of you who are unwary and want to continue investing, go ahead! But don’t say that we haven’t been warning for years about the lack of transparency in Housers.

Bulkestate (+info)

Finally, it seems that the project that was supposed to be finished 12 months ago, Amalijas Street, will be completed in March.

I see that in one month they have dropped from 49th to 51st in terms of volume financed and that means a lack of confidence in their projects.

Here is an example: on 10 February this project was opened at a 15% return and with 5 days to go before the end of the project, 45% of the project remains unfunded:

My personal opinion is that Bulkestate has failed to communicate to its investors in the face of the delays. Maybe it will pick up in the future, but I doubt they will be able to count on me by then.

Crowdestate (+info)

Other platforms have lost investor confidence due to the accumulation of failed and delayed projects.

On a personal level, the auction ended on 15 February and after two weeks we still do not know what has happened. No news.

The December auction must have been repeated because there were no takers, so I hope to be close to repaying the €2,600 I invested more than three years ago.

On the other hand, I still don’t know why the latest annual accounts date from 2019. Weird, isn’t it?

They continue to accumulate projects that are overdue or cannot be repaid. Let’s see how far they will go…

Lenndy (+info)

They returned €4.56 in February, which is great news, because I haven’t seen a cent since July 2021.

At this rate, however, they will not be finished by March 2024 as planned and we will have to wait a few more years. As long as they pay, welcome.

Kuetzal (+info)

After several years with an outstanding debt of €19.155, the insolvency administrators have begun to make refunds to those affected.

In my case they have refunded €5,132, equivalent to 26% of the total due. We do not know the date of the next payment and the amount of the next payment.

This has been my greatest joy this month and I hope to receive some more this year from Monethera or Envestio. Fingers crossed.

Posted on

Too good to be true

I was dreaming about the arrival of October, because it was the month of payment of the Albufera project that Housers should have paid, but oh, surprise! We have not been paid! It was too good to be true.

In any case, I do not consider it a bad month, as it is the fifth consecutive month of over €700 per month.

Specifically, it was 761€, as you can see in this graph:

On the other hand, I am happy because I have invested €3,774 collected from an indemnity that will soon start to provide returns.

I have diversified it among six European platforms that I have full confidence in and which already exceed a portfolio of €42,000.

In addition, two platforms have released their profitability box this month: Estateguru and Kirsan Invest.

This is the October income, its profitability and the total invested:

And now for the platforms that I am very happy with in green, somewhat less happy with in orange and undesirable in red:

The BEST and recommended platforms with welcome BONUS

Peerberry (+info)

October has brought in a very welcome €65 and will be even more in November as I have added another €900 to the portfolio.

With this amount, I have deposited €3,100 in the last five months in their portfolio and the confidence they inspire in me is enormous.

They are continuing with their plans to launch a secondary market and also to obtain the EMI (Electronic Money Institution) licence to become a payment provider.

It remains second in terms of volume financed, with more than €56 million, behind only Mintos, with €153 million.

Here they add 0.5% of your investment if it exceeds €500 during the first 30 days:

Viainvest (+info)

Another €25 contributed by Viainvest in October, a month in which I increased my portfolio by €300 to €1465.

Due to its new Broker Licence, as of 5 November, investors will fall under MiFID II regulation.

Thus, ordinary investors can be either retail or professional and Viainvest will be supervised by the Latvian Financial Commission (FCMC).

In this banner you get €15 just for investing more than €50. What are you waiting for? With only 50€!

Robocash (+info)

This platform is going great! In August it gave me a €70 return, in August it was €95 and in October I got another €106!

And of course, I have increased my portfolio by €1,874 in October, thus surpassing the €10,000 mark, which brings me an additional +0.5% return.

It has been an exceptional month, exceeding €15M financed and paying out more than €305K to investors, of which there are now more than 20,000.

Don’t miss the opportunity to join this banner, where they add 1% of your investment if it exceeds 500€ during the first month:

Lendermarket (+info)

This month it returned €16 and I took the opportunity to add another €200 to my portfolio, which offers a 14.28% return.

In December I invested a small amount of €300 and the experience could not have been more satisfactory. One of my best decisions.

This month they have only published a series of updated investor FAQ (in English).

If you want to benefit from their 1% welcome promotion, click on this banner:

Bondster (+info)

Bondster returned €6 in October, a month in which I took the opportunity to increase my portfolio by €200.

I still want to increase my portfolio to €1,000 before the end of the year and I am well on my way.

This month saw the return of Lime South Africa to funding through Bondster and two new providers: TrustGro (Kenya) and NúNú (Iceland).

With almost 14,000 investors, they are on the verge of reaching €90M funded in record October with over €4.7M.

Get an additional 1% from €100 of investment for the first 90 days:

Nibble (+info)

October has contributed €4 with only €300 initial investment totalling €33 in interest since April.

It is next in my sights to expand my portfolio, as they will soon obtain a supervisory licence from the Estonian FSA (Financial Supervision Authority).

I currently get a 14.5% annual return, but if you don’t want to take risks, take advantage of their classic strategy at 9.7% with Buyback and from 10€:

Esketit (+info)

I am delighted with Esketit, which has returned €8, doubling the best result so far and with only €300 invested in May.

I have already had the opportunity to test their Buyback which works without delays and an autoinvest which works autonomously.

October has been a record October and November could see more than €16M financed and €200K paid in interest to the nearly 900 current investors.

In August I wrote a detailed article about this platform, which you can read here.

It is a new but reliable platform, created by the founders of Creamfinance, with 8 successful years in the market.

If you invest on this great platform, here is an additional 1% bonus for amounts over €100 for the first 30 days:

Estateguru (+info)

As I told you before, I invested €300 at the end of July and I invested another €300 in October.

From the first project I have already obtained €8.25 which you can see here and which in quarterly periods will bring an interest of 11.01%.

I already invested in 2018 with them, but they have improved a lot and their projects are now really interesting.

In fact, they have become the fourth largest platform in terms of EUR funding, with an accumulated €454M and close to 100,000 investors.

If you want to join them, in this banner you have a Welcome Bonus that brings an extra 0.5% to your investment for the first 90 days:

Kirsan Invest (+info)

I have started October with the first €3.67 of interest from the three projects I invested in in September:

Interest received: €3.67 // Available: €2.97 // Investments financed: €600

These are the projects in which I have invested €600, at 6 months, 1 year and 18 months respectively, two in Moldova and one in Spain:

They currently have two projects under financing, at 17% and 13% annual return, both in Moldova, a country in full development:

I will give you more details in a month’s time, as they have very interesting projects, a great financial structure with very good backing and very clear ideas.

There is no welcome bonus at the moment.

Platforms with some shadows that I do not recommend investing in

Crowdestor (+info)

In October they have contributed €117 from various interest arrears, but I still have no confidence in this platform.

Four “Elvi Grocery Stores” projects have had €500K in capital repaid, but the number of projects at serious risk of loss continues to grow:

€3.7M in recovery // €15M with delays exceeding 91 days

My projects in recovery add up to 25%: Kabuki Restaurant at Salaris, Consumer Loan Portfolio Acquisition and Fertilizer Export Financing.

On a positive note, it appears that Meža Enerģija investors will be paid €20K per week and expect to sell the project by May 2022.

There continues to be a lack of information from Crowdestor, which is the main reason why I do not recommend this platform with an uncertain future.

Iuvo (+info)

Another month in which they have contributed one measly euro to the portfolio, so I am reintegrating my entire portfolio from this platform.

It has been a test that I started in December and has not achieved the expected result.

This is not to say that it is not advisable for many investors, but it is not for me.

As an example, Kviku offers a return of 9.5% in euros in Iuvo, while Bondster offers them at 12%.

And if I want to get more return in foreign currency, they pass on 4.5% for each currency exchange, which is exaggerated in my opinion.

For those who want to give it a try, they have launched IuvoUP, with returns between 3% – 4%. Here you have more information in English and Spanish.

Maybe we will see each other in the future, but a lot would have to change.

Mintos (+info)

This month I have been refunded €25, but there is still €735 in the process of being refunded.

Of this amount, 98% is accounted for by Varks AM, which Mintos has changed from a projected recovery of 70% to 100%, but over a 5-year period instead of 3 years. Welcome.

They have outlined some new developments now that they are licensed as a European investment firm regulated by the Latvian FCMC (Financial and Capital Market Commission).

These include that investors’ monies will be protected up to a maximum of €20K under the investor compensation scheme.

This scheme does not protect against changes in the price of an investment, default of a borrower, lender or issuer.

The platform is changing for the better, but I need to see how it evolves over the coming months to confirm this.

Mintos remains the leading P2P platform in Europe, with almost €7.5 billion funded and almost half a million registered users.

Avoid these platforms

Housers (+info)

Housers has left me (again) with the desire, because I needed a miracle and I thought that maybe this time it would happen. What has NOT happened?

Well, the Albufera project where I invested €50K in 2018 has not repaid the capital nor the last interest signed at the Shareholders’ Meeting, with a payment date in October 2021.

Lawyer Manuel Merino has court hearings against Housers and developer Construbecker on Tuesday 2 and 4 November, respectively. We will see if justice is done and the indications of fraud by both are proven.

In October they paid two months’ arrears on the Torres de Paterna project, but I fear that we will not see any more interest arrears, unless the court case is successful. I hope I am wrong.

I am not in the mood to wait for what happens in that trial, so I will expand on that in the next publication.

Bulkestate (+info)

They have only launched one project in October and after half a month, they have not yet reached 75% of the necessary funding. Something is going wrong.

The reason for this is the distrust of Bulkestate and its refusal to pay monthly interest except for a few projects.

They have a lot of competition and better conditions, such as Estateguru, Reinvest24 or Evoestate.

On the personal front, they have updated the interest receivable on my project, which will be repaid one year late.

As soon as it does, it will be time to abandon this platform, which has two short-term alternatives: renew itself or die.

Crowdestate (+info)

There have been no changes since the announcement of 30 September by Baltic Forest’s insolvency administrator.

It states that the appraisal of the project has been completed and that the first auction will take place in November, so I will publish news shortly.

I am afraid there will be no repayment until the middle of next year, as there are more creditors than just Crowdestate investors.

In June the EFSA (Estonian Financial Authority) granted Crowdestate the certificate of regulated payment institution, but I see that they keep accumulating failed projects.

Furthermore, I wonder why the delay in the presentation of its annual accounts. Do you know that the last ones submitted are from 2019?

In October they have been very active with 10 projects funded, but there has been little progress on the more than 10.5 million outstanding on 31 overdue projects and almost 4 million on 6 unpaid projects.

Lenndy (+info)

We can talk about red flags or express them in many ways, but the conclusion is clear: they have disappeared.

They have not returned the 783€ of outstanding capital for three months, without answering emails or calls.

Could an investor come to your offices in Vilnius and confirm or deny the closure?

And they will still be able to take offence at the fact that a complaint has been lodged against them.

Posted on

Great summer and an exceptional September

There are no better words to describe it: it has been a great summer and the month of September deserves no other description: exceptional.

This adjective is justified after earning €1,100 in September and a total of €3,453 in the last four months:

Aren’t these reasons to be satisfied? The main reasons are that Peerberry and Robocash have exceeded expectations and that Housers has repaid the Albufera project and also the Torres de Paterna project after a delay of three months. 

In August I received €3,300  which have been reinvested in various portfolios and Crowdfunding continues to give me a lot of joy. 

In July I invested €300 in Estateguru to diversify my real estate portfolio and I expect the first returns in October.

I have also invested €600 in Kirsan Invest, a very successful real estate company in Moldova that has recently arrived in Spain and will yield just over €5/month.

I will add more information on both platforms in October. For the time being, they are reflected in the portfolio: 

And now, on to the month’s news, with big news from some of the platforms:

The BEST and recommended platforms with welcome BONUS

Peerberry (+info)

This month I broke the monthly return record with €128, which you can see in detail in Crowdlending > European Crowdlending > Peerberry:

There are many new developments at Peerberry. On the verge of obtaining a crowdfunding licence in Lithuania, Peerberry is moving its operations to Croatia as of 1 October.

Nothing has changed in terms of investors, but Peerberry’s corporate structure has changed and its share capital has increased to €125K.

The “bad” news is that due to the success of the platform, the profitability of some originators is being adjusted downwards:

They are continuing with their plans to launch a secondary market and also to obtain the EMI (Electronic Money Institution) licence to become a payment provider.

It remains the second largest platform by volume financed, with more than €53 million, behind Mintos with €160 million.

It is so clear to me that they are in my TOP5, that in September I added another 900€ in Peerberry.

Here they add 0.5% of your investment if it exceeds 500 euros during the first 30 days:

Viainvest (+info)

Viainvest’s contribution of €11 is welcome in September, a month that brings many new features.

They have just obtained their IBF Licence and will be supervised by the Latvian Financial Commission (FCMC), which provides security for investors.

The best thing is that 90% of the ultimate loss is covered for a maximum of €20K, among other terms.

Now more than ever, I will expand my portfolio with them given the additional security this news brings.

On the other hand, I already announced last month that they have set an 11% interest rate on all their projects. We had to give up something.

In this banner you get €15 just for investing more than €50. What are you waiting for? With only 50€!

Robocash (+info)

I was already happy with last month’s €70 and then September comes along and gives me €95!

Every day I am happier to invest in Robocash, this month I have added €1,800 which brings me closer to the Silver category (+€10K) which brings an additional +0.5% return.

They have published their FBK Grant Thornton audited results for the first half of the year, which you can see in detail here in Spanish and here in English.

In summary, they have exceeded last year’s funded loans by 134%, making a net profit of €13.3m.

They also reached two milestones: €300M in funded loans and over 19K active investors.

In this banner they add 1% of your investment if it exceeds 500€ during the first month:

Lendermarket (+info)

This month it has returned €5 with only €420 invested and maintains its return above 14%.

Grant Thornton has also audited its accounts from June 2019 to December 2020 with a notable increase between the two years.

Credistar Group, parent company of Lendermarket, has been licensed as a credit provider under the supervision of the FSA in Denmark.

If you want to benefit from their 1% welcome promotion, click on this banner:

Bondster (+info)

Bondster has yielded only €3 in September, but 16 projects end shortly and I expect to reach €5 again in October.

I still want to increase my portfolio to €1,000 before the end of the year.

Acema has started to publish real estate projects with yields between 10-11%. I think this is a low return for second-lien mortgages.

Acema also allows you to invest in projects secured with Bitcoins. Here you have the news.

The average arrears rate is less than 0.1% in Bondster, but Acema is the originator with the highest arrears:

In my opinion, it is better to invest from 15%, less than 5 months and with Buyback in Rapicredit, LimeZaim, Quickcheck and LimeSouthAfrica.

They have reached 13,400 investors and more than €3.2 million in interest.

Get an additional 1% from €100 of investment for the first 90 days:

Nibble (+info)

This month they have contributed €5 with only €300 of initial investment for a total of €29 in interest since April.

It is the only one, together with Esketit and Lendermarket, that exceeds 14% profitability and it seems that they will soon publish some new products.

Nibble has applied for a supervisory licence from the Estonian Financial Supervision Authority (FSA).

It is also in the process of obtaining AML (Anti-Money Laundering) certification for the prevention of money laundering.

Take advantage of their classic strategy, which offers 9.7% with Buyback, with NO risk and a minimum investment of €10:

Esketit (+info)

Delighted with Esketit, he has contributed €4 in September and has already contributed €26 since May, which is not bad at all.

I have already had the opportunity to test their Buyback which works without delays and an autoinvest which works autonomously.

In August I wrote a detailed article about this platform, which you can read here.

It is a new but reliable platform, created by the founders of Creamfinance, with 8 successful years in the market.

If you invest on this great platform, here is an additional 1% bonus for amounts over €100 for the first 30 days:

Platforms with some shadows that I do not recommend investing in

Crowdestor (+info)

Despite the fact that Crowdestor has contributed €122 this month, which is not an insignificant amount, I still have no confidence in this platform.

Only two of the twelve projects are up to date, but their repayment date of March-April 2021 is still a long way off.

The M119 project should have been returned this month, but it is five months behind schedule and the others are four to thirteen months in arrears.

Special mention should be made of the recovery projects: Kabuki Restaurant at Salaris, Consumer Loan Portfolio Acquisition and Fertilizer Export Financing.

Of the first two, we have not received any information for six (6) months and of the last one we know that it is in the hands of the Courts.

This lack of information is UNACCEPTABLE on the part of the person in charge of Crowdestor, to whom I ask a question:

Jannis Timma (I add your LinkedIn link here), we are 25,000 investors with more than €36M unpaid. How much does it cost for an administrative assistant to bring the backlog of 151 projects up to date?

Here you can see the status of the projects as of today. In summary, 19 million repaid and 36.3 million in arrears:

You can understand that I do not recommend investing in this platform and that its future is very much in doubt.

Iuvo (+info)

This month it has returned €2 and I have decided to reintegrate my entire portfolio from this platform, slowly but surely.

It has been a test that I started in December and has not achieved the expected result.

This is not to say that it is not advisable for many investors, but it is not for me.

Kviku offers returns of over 19% in roubles, but they pass on 4.5% at each currency exchange, so 10% and no Buyback loses all interest.

In addition, they have not provided audited accounts for 2020 and have 3 million euros in the process of recovery.

Mintos (+info)

It is already licensed as a European investment firm regulated by the Latvian FCMC (Financial and Capital Market Commission).

Like Viainvest, investments are covered for a maximum of €20,000, which is why I have promoted Mintos to platforms with doubts.

I have to see how it evolves over the next few months to see if it gives me confidence again, because I still have €760 to recover.

This month I have reduced this amount by €13 and there are many months left to recover an estimated 70%. I’ll write off about €300.

Mintos remains the leading P2P platform in Europe, with €7 billion funded and 430,000 registered users.

Avoid these platforms

Housers (+info)

It is hard to believe that Housers has fulfilled some of its commitments: Albufera and Torres de Paterna, both from the denounced developer Construbecker.

It has, however, failed to meet its commitments on six other projects, which is the norm.

There is so much information this month that it is going to be too long, but here is the summary:

  • Convening of meetings on the change of model for the exclusive benefit of the administrator. For instance, Iriarte. The administrator convenes a meeting to change from the “investment” model to the “savings” model. This way he can rent the flat and collect his €350 a month, while he does not make any profit on the sale. Incidentally, Iriarte has already been rented and we investors have not seen a euro. Can anyone imagine where the money is?
  • Notice of meetings on the takeover of a debt collection company (Multigestión Iberia). Some of those affected trusted them and, after a year, have still not received a single euro. Google them and you will see the comments:

NOTE: When the necessary quorum is not reached (thank goodness), Housers launches another meeting to award the recovery project to Multigestión Iberia despite the punctual fulfilment of the schedule without a single delay. And when I ask Housers they reply that it is “just in case they stop paying”.

  • Calling meetings to vote on a new timetable when the current one is in force and payments are being made by the developer. Example: Albufera.

In other business, the first extraordinary meeting called by the investors in the Mesón de Paredes project was held on 30 September. They have won by a majority and got rid of the administrator Atrium Lex, which translates into a saving of €2,520 per year. The project will now be managed by a Board of Administration made up of stakeholders who will manage the asset at no cost and intend to sell or lease it at market price.

On the other hand, the Tax Agency has revoked Atrium Lex’s Tax Identification Number for measures to prevent tax fraud.

Courtesy of the Association of People Affected by Housers, here is a list of dozens of failed projects:

HOUSERS-16-PORTFOLIO-FAILURE-ON-15.09.2021Download

Bulkestate (+info)

In September they have launched 6 new projects and still no news of interest.

My project will be returned a year late (I hope), at which point I will leave this platform because they have lost my trust. And the information they provide is not correct either:

At least some pictures of the project have been published, although it is far behind schedule and far from completion in March 2022.

Lenndy (+info)

I am very disappointed with Lenndy. They have not refunded the 783€ of outstanding capital for two months.

And they will still be able to take offence at the fact that a complaint has been lodged against them.

They have missed their payment schedule, but I must be patient, as there are two and a half years left until I am rid of them.

Crowdestate (+info)

On 30 September we received a new communication from Baltic Forest’s insolvency administrator.

It states that the appraisal of the project has been completed and that the first auction will take place in October or November.

It expects to sell the property this year, but due to certain disputes, the return to investors will not be made until they are resolved.

Hopefully as soon as possible, because in addition to the €2,600 of capital invested, there is €380 in accrued interest pending payment.

In June the EFSA (Estonian Finance Authority) granted them the certificate of regulated payment institution, but they continue to accumulate failed projects.

In September they have been very active, launching 11 projects and successfully returning 17.

But let’s not forget that they have more than 4 million outstanding on 20 overdue projects and more than 3 million on 5 unpaid projects.