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 (+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:


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.

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

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.

Some joy in a satisfying August

Yes, this could be the summary: a few joys in a satisfying month of August.

And I can feel satisfied even though I only got €705.

The reason is that a Crowdestor project has been repaid in full and Housers has repaid the Albufera project, among others.

On another note, I have received a financial contribution that will be reflected next month on various platforms. Whenever I can increase my crowdlending portfolio, I don’t miss the opportunity.

And I am patenting an idea that will hopefully be well received and bring me a lot of satisfaction.

Finally, I have started investing in Estateguru, but I will not update the information until September.

I can be happy with the results of the last three months, totalling €2.353:

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

The BEST and recommended platforms with welcome BONUS

Peerberry (+info)

On the verge of getting the crowdfunding licence in Lithuania, Peerberry keeps growing and giving me good news.

This month they have contributed €42 and are keeping the arrears at bay, as you can see here:

Peerberry Situation
Only 0.87% overdue more than 31 days

We have heard that they intend to launch a secondary market and that they also want to obtain the EMI (Electronic Money Institution) licence to become a payment provider.

This month they have also activated push notifications on their mobile app, with new deposits, withdrawals, uninvested amounts and others.

It remains the second largest platform by volume financed, with more than €48 million, behind Mintos with €150 million.

And finally, I reflect here the news that the Aventus Group, of which Peerberry is part, earned €13.15 million in the first half of 2021.

My goal at Peerberry is to reach Silver status (€10K) which offers an additional +0.5% and which I hope to achieve before December 😉

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

Viainvest (+info)

Another €25 has been brought to me by Viainvest in August and I have taken profit from the additional €350 I added in June.

They have let us know that they have set an 11% interest rate on all their projects from 1 September.

They are also about to obtain their broker’s licence (IBF) and I will continue to grow my portfolio with them to €3,000 by the end of the year.

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

Robocash (+info)

70€ earned on Robocash! New this month was the interview I conducted with Dmitry Balakhnin, director of strategic communication.

In it, he unveiled some new features, which you can see here.

This month Robocash has already entered the TOP 10 platforms by funding with a total of €12 million.

We are already 18,000 active investors on the platform and almost 700 new ones joined in July. I am not surprised!

In September I will increase my portfolio by €1,000, bringing me closer to Silver status, which brings an additional 0.5% with €10K invested.

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

Lendermarket (+info)

This month it has returned €4 with only €415 invested and maintains its return above 14%.

August brings some news: Credistar Group, parent company of Lendermarket, has applied for the specialised banking licence.

In addition, it has placed more than €23 million in bonds, coinciding with its 15th birthday.

And in the second quarter, net profit exceeded €2 million.

It is a company to keep an eye on and is ranked 12th in terms of turnover with €11 million.

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

Bondster (+info)

Bondster returned €5 in August, I am satisfied and am looking forward to increasing my portfolio to €1,000 before the end of the year.

NordCard has increased its profitability by 1% and Lime South Africa has finished paying last year’s outstanding amount.

As far as we have been able to ascertain, the average number of projects in arrears is less than 0.1% in Bondster:

They have reached 13,000 investors and more than €3.1 million in interest.

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

Nibble (+info)

I continue to be delighted with this easy-to-use platform which brought me a record €13 in August and about which I wrote a detailed article last month.

In total it has generated €22.82 since mid-April and is the platform with the highest return of 14.5% per annum.

This month I have been invited to take part in an internal survey that promises great things to come.

Nibble is currently in the process of obtaining the AML (Anti-Money Laundering) certificate.

They have also applied for a supervisory licence from the FSA (Financial Supervision Authority) of Estonia.

Remember that their classic strategy offers 9.7% with Buyback, with NO risk and a minimum investment of €10:

Esketit (+info)

It has contributed €3.80 in August and is already bringing me my first joys.

Its Buyback works without delays, it is easy to use and its autoinvest works autonomously so you don’t have to worry about it.

A couple of weeks ago I wrote a detailed article about this platform, which you can read here.

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

Here you get an additional 1% bonus on every investment over €100 you make during the first 30 days:

Platforms with some shadows, not recommended for investment

Crowdestor (+info)

Although this month Crowdestor has only given me 21€, I am satisfied because they have returned the Forestland Investments project in full.

As of today I have a backlog of 11 projects out of 12, of which I have 5 for sale on the secondary market.

It is a pity that the E. Fon Trompowsky Quarter project, which was up to date until August, has not been paid this month:

The payment schedule now has this new design, but the tricky thing is that non-payments are still accumulating.

The M119 project should be completed in September, but I am afraid they will not pay on time because they are already 4 months behind schedule.

They have also embraced Auto Invest, which is now available on the secondary market. I do not recommend using it on Crowdestor.

Here you can see the status of the projects in July and below as of today to draw your own conclusions:

JULY: 438 projects funded; 127 repaid; 113 current; 165 in arrears; 33 in demand
AUGUST: 449 projects funded; 141 repaid; 109 current; 157 in arrears; 42 in demand

Until they reduce their high default risk, I do not recommend investing in this platform.

Iuvo (+info)

This month it has only returned €2 and I still have serious doubts about this platform.

Investments in roubles have not been a great incentive either and, although returns have increased, I see little difference.

In short, I will wait another month to see how it evolves. It is still a platform that I have been testing since December.

The good news is that Easy Credit and Viva Credit are lowering their Buyback from 60 to 30 days, but at a yield between 5-6%, far from my expectations.

In any case, I do not recommend investing in it today.

Don’t even think of investing in these platforms

Housers (+info)

This month Housers has fulfilled some commitments: Albufera III, Juan de la Encina and Pensamiento.

BUT, it has again defaulted on six other projects, one of which has not delivered a single cent since it was funded in March 2018.

One is particularly serious because the developer Construbecker was given a second chance to fulfil its non-payments, so we will have to wait until the complaints made against it are successful.

vara del rey

Several investors affected by the Vara del Rey project have joined forces to recover the administration of the company, but neither Housers nor the administrator seem willing to call an extraordinary meeting.

And the most curious thing is that on their website this project appears “without incident”, although it should have been returned in April 2020.

And since we are delighted with its management, we want to manage it ourselves as investors, despite the additional costs involved.

Many of the 123 “uneventful” projects should have been returned years ago, but they are not considered “overdue”:

Some “uneventful” examples that I personally suffer from:

  • El Raval II (expired in February 2020)
  • Sagasta (expired in January 2019!!!)
  • Pensamiento (expired in January 2020)
  • Juan de la Encina (expired in June 2019)

And to complete the current situation, I leave you with this latest example of their inability to pay back their funded projects:

114 projects closed out of 327 highlight Housers’ management

Bulkestate (+info)

They have not launched any projects in August and seem to have taken the opportunity to rest, as there has been no news from them either.

My project will be returned a year late and, since they have no secondary market, I can only wait.

At least they have published some photos of the evolution of the project, although I see it very late and I don’t know if they will finish it in March 2022.

Mintos (+info)

I have been refunded €32 this month and there is now €773 still to be recovered, mostly from Finko AM.

The good news is that Mintos has been licensed as a regulated European investment firm by the Latvian FCMC (Financial and Capital Market Commission).

In addition, it has new Russian originators Pay P.S. and Capem; Conmigo Vales, GoCredit and Alivio Capital, all from Mexico, as well as Jet Finance and LF Tech, both from Kazakhstan and Watu Credit, now also in Uganda.

Mintos remains the leading P2P platform in Europe, with €150 million funded last month.

I continue to withdraw my portfolio, as the investment in one of the TOP originators at the time left more than €1,000 in the process of recovery, of which I will recover a maximum of 70%, as announced.

Lenndy (+info)

This month they have not made any repayment of the 783€ of outstanding capital and it has taken them three weeks to transfer 4€ from last month.

I must be patient, as the outstanding amount will not be refunded before March 2024.

In May I put my two assets up for sale at a 21% discount, but no one has yet been interested. I am not surprised either.

Crowdestate (+info)

This month there has been no news from Baltic Forest’s insolvency administrator and €350 of accumulated interest remains to be paid.

Something has to change at Crowdestate since the EFSA (Estonian Financial Authority) granted them the certificate of regulated payment institution in June.

In August they have been very active, launching 11 projects and successfully returning 3.

But let’s not forget that they have more than 10 million outstanding on 21 overdue projects and more than 3 million on 5 unpaid projects.

Esketit, new platform with high profitability and security

It is not yet in its first year and I am already clapping my hands because I have invested in Esketit, a new platform with high profitability and double security.

It has made a strong entry into the market, having funded over €5.3 million and over 500 active investors.

I started investing in them on 14 May after studying them for several months and I am still delighted with my decision.

It is a P2P investment platform that offers loans from individuals in exchange for a return of 12-15% per annum.

Here is a screenshot of my control panel as of 19 August:

You can see that in three months I have earned €9.35 in interest, hardly suffer any delays and maintain an annual return of 14.33%.

In July they have contributed €3.63 and as of 19 August I have accumulated €3.02, so I will end the month above €4 with only €300 invested initially.

You can see the details and my Esketit statistics here, but here is a summary:

ESKETIT General Features

Country of originRegistered in Ireland, operates from Latvia
Year founded2020
GuaranteesDouble: the founders invest in each originator and the originators invest in each project. In addition, most of the projects have Buyback
Secondary marketYES
min-max investmentFrom 10€. No upper limit
Return estimated12-15% p.a.
Investment periods1 day-12 months
Support rating10 / 10
Official supervisionEach originator is licensed in its country of origin

Who is behind Esketit?

Matiss Ansviesulis and Davis Barons founded Creamfinance in 2012 and last year launched the Esketit platform.

Esketit works with 5 loan originators, all owned by Matiss and Davis or Creamfinance in Spain, Jordan, Latvia, Poland, Czech Republic, Sri Lanka and Mexico.

Legal aspects and safety

Esketit is registered in Ireland, while operations are carried out from its headquarters in Riga, Latvia. This is common practice.

In relation to the security they offer, it is striking that being so new, it is one of the most reliable platforms.

  • Firstly, all short-term projects have Buyback, which means that the originator is obliged to repay the initial capital plus unpaid interest 60 days after completion.

I have had the opportunity to try it out and I can assure you that after 60 days I have been fully reimbursed for the project, plus the interest accrued during the delay.

Business projects do not offer Buyback, so it is preferable to invest in short-term projects, as they offer the same return.

  • Secondly, the owners hold a stake in all loan originators, so that Esketit invests a share in each project.

In the finance industry this practice is referred to as “skin in the game”.

And as a final safety measure, they have a secondary market, so that any project can be sold in advance of completion.

Moreover, in the event that nobody is interested in it and the sale is urgent, Esketit acquires it with a 1% discount.

Using the platform

It is an ideal platform for inexperienced investors because it is very intuitive and easy to use.

In addition, we can make use of autoinvest, which works autonomously so that we can forget about it.

Let me give you a real example on this platform: after finishing a project, I receive €20 of the initial capital and 14 cents of interest. On the same day they reinvest the €20.14 in a new project following the guidelines set out in the autoinvest.

Esketit Customer Service

In case of any questions or problems with the Esketit account, we can communicate in English with the customer service team, but if I can help you, I am always ready to:

Esketit’s business hours are Monday to Friday from 9:00 to 18:00, GMT +2.

I hope you will take the opportunity to invest in Esketit with a welcome gift of €10 if you invest a minimum of €100 during the first 30 days after registration:

Discover Nibble

Discover Nibble,its simplicity of use and its medium-high proven profitability. Read.

What can I say about Nibble? I started investing in this platform in mid-April and three months later I have already received (and reinvested) the € 10.31 interest.

Here’s the summary of my current portfolio:

And what’s my experience with them?

Unbeatable. They have met the expected return (14.5%),I have not suffered any delay in the 7 active loans, it is a very simple use platform that has made it easier for me to reinvest the interest generated.

Here are more charts and details of my personal account.

Is Nibble safe?

Yes, it is. Although Nibble was launched in 2019, the platform is owned by IT Smart Finance Group,a strong financial group created in 2014 and headquartered in Barcelona and Moscow. At the end of 2021 they will open headquarters in Mexico.

Nibble offers micro-credits issued by Joymoney Spain and Joymoney Russia,analyzed based on three criteria: probability of delay, risk of fraud and degree of loyalty.

And what investment options does Nibble offer us?

It has three strategies. This is the Classic Strategy,which until August 31 offers 11.7% instead of 9.7%, WITHOUT any risk and with a minimum investment of € 10:

NOTE: Here is more information about the risk classification, from AA to C.

Below I show you the Balanced Strategy. In it I have invested since April € 300 and I have already reinvested € 10.31 in interest in just 3 months, which confirms its 14.5% return.

It carries more risks, but so far NONE of my projects are in arrears. The portfolio requires a minimum investment of € 100 and the minimum investment term is 7 months:

Finally, they have the Special Strategy,with a return of 17.2%,but I do not recommend investing in it at the moment because it does not compensate for the risk. In addition, the minimum amount and period are 500€ and 12 months, respectively.

Below I provide how the risks of each project are determined.

Nibble is currently in the process of obtaining the AML (Anti-Money Laundering) certificate.

They have also applied for a supervisory licence from the FSA (Financial Supervision Authority) of Estonia.

You can review their financial statements, audits and balance sheets at this link.

And how are the risks determined?

They are evaluated by a Risk Committee that meets at the end of each month, composed of the following professionals:

And what is its mission? There are three tasks to be developed:

  • Study and analyze the results of the work done regarding NPL 30-60-90-120 (delayed projects at 30 days, 60, 90, 120)
  • Compare the actual indicators with those programmed for the period
  • Analyze the scoring and profitability model (11.7%-14.5%-17.2%),make a forecast and calibrate it

And who helps me if I have doubts?

They have very good support through chat, telephone and e-mail in Spanish, English, German, Russian and Italian.

Would you like to invest in Nibble?

Clicking on this image will add 2% if you invest more than € 300, that is, an additional € 6:

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Month of overcoming

european crowdlending investments

My portfolio update: February 2021

Yes, a month of overcoming. February has outperformed January: €402 profitability with €28,600 invested in European platforms, because the only Spanish platform – Housers – has failed to meet its payment commitment for the fourth consecutive month.

In January I reported Housers and the developer Construbecker to the Madrid courts and on 10 March I have to ratify the complaint.

Here are the details of the current state of investments:

Mintos has returned €10 this month out of the €971 in the process of recovery and I no longer have anything invested. They have incorporated more information on historical performance, among other new features.  

Peerberry continues to deliver excellent news and generate enormous confidence. They have published a new Real Estate project in Vilnius at 10%. They continue to have no defaults since their inception in 2017.  

Viainvest is still suffering from the lack of publication of projects since December, so I have withdrawn €68, but they are keeping their payment commitments. 

I continue to be very happy with and the 44€ generated will be increased in March since I will reach 5,000€ invested, which carries a 0.3% more profitability. 

Crowdestor has performed better in February, generated €315 in interest and met almost all of its commitments, although others are experiencing delays and communication is not going smoothly.

In Lenndy I have withdrawn €179 in February, the projects are all still behind schedule and I will continue to withdraw until they resolve the current lack of confidence. First Finance is still suspended. 

From 2 February, they have a secondary market to sell those projects that do not convince you. Maybe all of them?

Bondster has returned €10 in February, but I continue to withdraw slowly and intend to keep a small portfolio of €300 until they stabilise.

Although they suffer many delays, they apply their 60-day Buyback on time.

Lendermarket gave me a pleasant surprise in February with an extra €3 in bonuses, which added to the €3 interest, makes it the third most profitable platform. 

In contrast, Iuvo has only offered a meagre euro of interest, also due to the fact that almost all projects are behind schedule. But I’m not worried, because they’re applying their Buyback on time. 

Nothing has been heard from Wisefund after funding two projects in January, apart from the class action lawsuitfiled against them. If you want to sue, below I give you the details of when and how to do it. 

There have been no new developments in Bulkestate, but in March my project ends and I will take the opportunity to reinvest part of the capital also in its competitors: Evoestate and Estateguru.

In February Crowdestate published 8 new projects, but they still don’t show me confidence. Currently, they have €11.8 million owed for delays and 1.9 unrecoverable for four projects. 

With reference to my three projects, I hope that a buyer will acquire Baltic Forest’sassets, because the bankruptcy process is very slow. 

Grupeer is fighting against everyone to defend his lousy management: investors, plaintiff law firm (Ellex Klavins) and originators.

Nobody knows what Grupeer’s next move is, but for the time being everything seems to be settled in the Latvian courts.

More information on the class action and how to join the waiting list is available below. 

For the fourth consecutive month, Housers has once again failed to meet its payment commitment on several projects and others have not been paid for years. 

In March I have to ratify in court the complaint against them and Construbecker for the €70,000 of capital owed plus interest on two projects. 

In legal terms, Housers continues to accumulate problems:

  • the lawsuit against the developer of the Santa Eulalia project has been ratified
  • Court response awaited in the lawsuit against Antonio Brusola for unfair administration
  • notice of civil lawsuit against Housers remains pending
  • filed criminal complaint for qualified scam against ByNok for five projects

The gains against Envestio, Kuetzal and Monethera have been significant, as you can see below. 

Continue reading “Month of overcoming”

Month of little joy

Updating my portfolio: January 2021

Yes, a month of little joy. January is usually a very irregular month and this year has been no exception. 

Despite this, I sign another 367 euros of profitability from just over 27,000 euros invested in some European platforms, because the only Spaniard – Housers – has defaulted on its payment commitments for the third consecutive month. 

This month I decided to report Housers and promoter Construbecker to the Courts of Madrid, so I had to advance to the law firm an amount that I have been able to meet between the emergency fund and the withdrawal on several platforms.

Here are the details of the current state of investments:

Mintos gave me back 2 euros this month of the 981 euros in the process of recovery and I only have 1€ invested. They have updated their Risk Scores, which you can see below. 

At Peerberry I have increased my portfolio because they continue to give me enormous confidence. In 2020 they increased their portfolio by almost 46% compared to the previous year and remain unpaid since its inception in 2017.

Viainvest is suffering from the lack of publication of projects, but continues to evolve with firm pace and has been able to generate 8 euros this month. 

I continue to be very happy with and this month has rented 103 euros for the December promotional campaign and several project returns in Singapore.

Crowdestor has half-fulfilled this month. Despite having paid 231euros in interest, there are project management that continues to be delayed: Wholesale Food Trade (payment commitment at the end of 2020), Mafia Stars (delay in its full payment of capital), Kabuki (waiting for a vote from the first week of January), among others. 

Wisefund launched in December a new project – Mobile Ads Operations – which today has reached 48% funding, but in January it has launched another one that has already been funded –App Acquiring Venture -. 

Investors are still behaving badly. I remain unanswered to an email sent on January 25 regarding the lack of news since last July of the Dutch Flower Exporter project:

In Lenndy I stopped the autoinvest on December 29 because they hardly launch projects and the ones I have are all behind. My intention is to keep removing everything invested until I stop hearing noise from this platform. 

For the time being, the First Finance operator remains suspended. Let’s hope they meet their commitments on the projects already funded, because I have almost half of them. The good thing is that everyone has a vehicle as collateral. 

In addition, from 1 February they will have a secondary market in which projects of this operator can be sold. 

IUVO and Lendermarket have reached one month and the result is being adequate, without great joy or disappointment. Both already have some delays, so I’ll be able to check the operation of their Buyback. I’ll tell you more details below.

At Bondster I have obtained 9 euros this month and it is still the platform that offers the most profitability, however I will reduce my portfolio.  

Reasons? Since January 1, its CEO has left management and since March 1 its conditions will change, in which users will not be notified of new changes in their contractual terms. None of them I like.

In addition, with the money I withdraw from Bondster I will start investing in two new platforms that I am studying in detail: Estateguru and Evoestate.

In relation to Crowdestate nothing has changed:they still do not pay interest, return capital or update their latest news published in December, announcing that a bankruptcy committee had been assigned for the Baltic Forest project that would already inform us on some date not defined. 

Grupeer seems to have disappeared from the map since early November and from the Telegram group it’s all assumptions. 

On the other hand, Bulkestate continues to comply and in January they have published three projects with lower profitability that are financed in a few hours thanks to their stalwart.

Once again, Housers has disappointed its thousands of investors/affected in a month in which they have not paid a single euro. Therefore, a few days ago I filed a complaint against them and the promoter for the 70,000 euros that I have invested in two projects, although I know that a total of ten have been reported. 

More and more of you affected by this platform have contacted me from all over Europe, mainly Italy, Portugal and Spain, where the projects are located. This month we have had some news that I share with you below.  

In reference to Envestio, Kuetzal and Monethera it seems that good news arrives, some of which I explain later.

Continue reading “Month of little joy”