That’s right, a good month of June. And if the forecast holds true, July will be even better. Much better.
But of course, as always, it is up to Housers and its irregular payment schedule to make it happen.
Below I show how the €844 earned this month has been distributed:
In June Crowdestor provided me with €131 in interest and made two partial repayments from Forestlands Investments, which will be paid in full in July.
I continue to take the opportunity to balance the portfolios, reducing Crowdestor, where I still have €18,600 and increasing in Peerberry and Robocash, above all.
It appears that the legal proceedings on the Fertilizer Export Financing project are continuing and there could be interesting developments in October.
Here is a summary of the status of the projects from their website:
412 funded; 119 repaid; 99 current; 161 overdue; 33 in recovery; Capital lost: 0€
They currently have 7 active projects with an annual return between 22%-34%.
Peerberry has behaved as well as ever and has given me €43 in interest. In June I increased my portfolio by another €1,000 and now have €2,500 invested.
Far from reaching the magic €10K figure that will allow me to earn an additional +0.5% interest, I aim to reach it by December this year.
In June I took the opportunity to invest €350 in two real estate projects for 9 months at 11.5% p.a. and a trial €20 in a “long-term” project for three years at 12% p.a. with monthly payments.
Curious graph: 23% of its investors hold a portfolio between €10K and €25K, followed by 21% of the lucky ones who have more than €100K invested:
In addition, Germany is the country with the most investors (27%), followed by Spain (11%) and the Netherlands (6%). It is clear that it is a platform that builds trust.
In June they changed the look and feel of their website and app, which are now lighter and more intuitive.
They have also presented the good 2020 results of some of their partners: SOS Credit CZ, Credit7 UK, Nado Deneg UK, Gofingo UA, Slon Credit UA, AutoMoney UA, etc.
Here they add 0.5% of your investment if it exceeds €500 during the first 30 days:
I am still delighted with Robocash, which has brought me €96 in interest this month, although July looks even better as several projects are coming to an end.
In June I increased the portfolio by another €700 and I am now close to €6,000 invested. In November I expect to reach €10,000 to qualify for “silver status” which offers an additional +0.5% interest.
Given its consistency and the security it gives me, I invested €500 in a single project for 10 months at 12.3% per annum.
In June they unveiled their new microcredit originator Zaimer and we learned that they are hiring nuclear physicists to optimise their successful algorithms.
They continue to break records with €10.6 million per month funded, +1,000 new investors and €185K paid in interest.
Here they add 1% of your investment if it exceeds €500 in the first month:
Viainvest has paid €35 in June and I have increased my portfolio by €350 to invest it in some long-term projects at 14% interest instead of the usual 12%.
In addition, on 29 June, they announced a new partnership with Atlan Advance Management to manage bridge loans through the financing of mortgage-backed real estate loans in Spain.
This new typology of projects will avoid the occasional lack of offers that they sometimes suffer.
In this banner you get €15 just by investing more than €50. Why are you waiting? With only 50€!
In June, Lendermarket provided me with €6, where I have 20 projects, 3 of which are behind schedule, although I have already seen that their Buyback is working perfectly.
They have just turned two years old and have announced that their annual accounts will be audited by KPMG. Big time!
They already have 2,600 investors who hold an average portfolio of €5,000 and have accumulated a volume of €106 million in funding.
The promotional campaign for new investors at 2% has ended, but the 1% promotion is still active:
Nibble has returned €3 in June and in July I will reinvest the interest of the last three months, setting in motion a snowball of profitability.
In testing since mid-April, expectations on this platform are high and so far it is performing perfectly.
It has a very simple usability and I like its evaluation system based on three pillars: probability of delay, probability of fraud and degree of loyalty.
Be sure to take a look here for some introductory information I have prepared on their platform.
In mid-May I invested €300 in Esketit to try it out and, although it is too early to draw any conclusions, I can tell you how well it performs.
With thirteen investments made, two of them in business and eleven in short-term loans, I already have a proven return of 14.03%.
Interesting also because it is based in Ireland, thus avoiding the concentration of Baltic platforms, it has reached €3M in funded loans.
In July I will publish a more detailed publication with more statistics, results and general impressions.
Bondster has rented €4 in June and comes with good news. Originator Kviku has achieved €1.6 million in profit and Bondster has added two new ones: NordCard and SmartAdvance South Africa.
From 1 July they will have a secondary market with a 0.5% commission to the seller, with no fee for the buyer.
This tool will increase liquidity, although I don’t think I will use it because my projects are short term and its Buyback works perfectly.
In addition, until 31 August, they are offering 1% of the investment to each new affiliate and an additional €5 bonus:
Platform with some shadows
Iuvo is not convincing me and has generated €1 again this month, despite investing in roubles with Kviku at almost 20%.
I have already seen that they have an inconvenient currency exchange rate, so I will give them until the end of July, when they will be 5 years old.
It is a very secure and highly rated platform, but its profitability is below my expectations.
In relation to its partners, Adwisers and NordCard have presented their audited annual accounts, while Ibancar has completed two years in Iuvo.
The new originator Access Finance with a 9% yield, risk category A and 30% skin-in-the-game has been launched.
Shunning these platforms
This month Housers has fulfilled the first payment of €517 committed for the Albufera III project. I expect that in July the payment of Torres de Paterna, both from the denounced developer Construbecker, will be added.
The court has admitted the complaint for a fraud offence and several parties involved on both sides, Housers and Construbecker, have been summoned to testify.
The total amount is €6.3 million for the projects Avenida del Puerto, Cardenal Benlloch, Albufera I, II and III, Tarragona, Torres de Paterna I and II, Eliana and Llanes.
Another court has ordered an investigation into the complaint filed against ByNok and Álvaro Luna, chairman of the board of directors of Housers, has already testified.
Things are not going well for them, that’s for sure. Based on last month’s data, we see here that investors are taking out more capital than they invest:
Another novelty is the inclusion of Bitcoin as a payment method in Housers through Cryptan.
My advice: don’t invest in Housers even with Monopoly tickets.
In Mintos I have reduced my portfolio by €114 and gained €5 in interest, thanks to the return of Akulaku. It is now up to Finko AM to follow suit, although they have already announced that they will return a maximum of 70% of the amount owed. I still do not advise investing in Mintos.
Already close to being licensed as brokers, they have introduced three categories of investors: retail, professional and eligible counterparties.
They have published their 2020 annual accounts audited by KPMG, which are less satisfactory than those for 2019.
In Lenndy they returned €13 in June, but I still have a long way to go until March 2024 to get rid of my entire portfolio. Last month I put the two assets up for sale at a 21% discount, but no one has been interested in them.
I am still very unhappy with Bulkestate. This month they came up with the idea of launching a project with the same return as usual (12%), for a term of 18 months, but with a minimum investment of €25,000.
And why invest in this project when there are others in which I can diversify and invest €50 at the same or a higher return and for a shorter term, even with monthly payments? Absurd.
Crowdestate still has no news on the Baltic Forest project, for which they owe me €284 and counting. It seems that the bankruptcy committee is taking it easy.
This month they have published 7 projects (none since 10/06) and we are still waiting for the publication of their annual accounts.
In the loss section, more than €2.5 million is irrecoverable and €7.1 million is in the hands of the courts.
Grupeer is not getting off the ground. This month it has been confirmed that the Latvian National Police has launched a criminal investigation and the person responsible is Commissioner Ervins Ambrozis, who can be contacted by those affected by this email: email@example.com
It is also possible to join the Armada Group through their website. They have not published any posts on their blog since 31 March.
The curious thing is that on 16 June they presented the accounting books for the last three years (2018-2020) of one of the group’s companies, in which its administrator is Mr. Kisiks Andrejs.
Wisefund has defended its position and the judge has not yielded to the creditors’ meeting. In any case, the Spanish Judicial Police have informed me that they have found evidence of pyramid activity.
There is little time left to bring in the full cavalry against Monethera and there is evidence of cross financial movements with Envestio. In late summer there could be pleasant surprises.
Yesterday, 30 June, the defence of the claims against Envestio took place, but there is no public information about it. There will be further developments at the end of July.
The hearing against Kuetzal was held on the same day. It appears that the network is being extended to Colombia and one of its financial institutions. In Russia, a lawsuit has already been filed in the relevant courts.
RECOMMENDED PLATFORMS OFFERING WELCOME BONUSES (no Mintos, no Bulkestate, no Housers, no Crowdestate, etc.)
VIAINVEST: 15€ bonus with a minimum investment of 50€
CROWDESTOR: 1% of your investment during the first 90 days
PEERBERRY: 0.5% of your investment for the first 30 days starting from 500€.
ROBO.CASH: 1% of your investment for the first 30 days from 500€.
LENDERMARKET:1% of your investment with a maximum of 3.000€.