cashback and bonuses in February 2019

p2p provider

To start investing in 2019 some platforms are running bonuses and cashbacks, an overview:

envestio still has his offer of 5€ for investing 100€ and additionally 0,5% on all investments for 270 days!

estateguru use this link and get 1% cashback for all investments made from February 4th to March 4th! After that you get 0,5% for another two months (and me as well)

grupeer is still giving out 1% extra cashback on every investment made to Kviku and NordCard loans. (limited to February 5th)

new platforms I haven’t tried so far but might soon:

neofinance is offering 25€ sign up bonus

rendity also offers 25€ sign up bonus

monthly report january 2019

p2p provider

The last few months have been insanely crowded, lots to do and far too little time for the site and the blog. I will deliver the monthly reports for November and December in the next few days. But now let’s take a look at the January figures.

Current distribution

swaper I clipped my wings a bit after too much cash was lying around before Christmas. Viventor profited from this and continued to grow, from 27.21% in October 2018 to 33.84% in the meantime. I also increased a bit at mintos, where before Christmas there were 13% and 14% loans but that’s already going down again. At envestio the first repayments were due, so far everything is running smoothly. Unfortunately the interest rates on new projects are also falling due to too much demand.

p2p distribution January 2019

p2p distribution January 2019

Defaults

There are defaults on two of my non-buyback platforms. At estateguru I currently deduct all reflows because the interest rates are too low for me and I want to wait until at least one of my failed projects has been recovered. Currently the statistics are a bit sad, 5 current, 3 defaulted and 2 overdue (78 and 303 days). But I don’t want to hide the fact that there are also 33 successfully repaid projects.

estateguru stats

estateguru stats

At flender there is unfortunately also a default and here I didn’t like the communication at all. The company was already dissolved at the time of the notification and they seemed to be running after the problem. Here I am very interested in the recovery.

Yields and cash in January 2019

Plattform Rendite in % Cashbestand in %
viventor 0,38 % 0,00 %
Mintos 1,00 % 0,00 %
swaper 1,23 % 13,08 %
viainvest 1,10 % 1,02 %
peerberry 0,92 % 0,00 %
estateguru 1,20 % 0,67 %
grupeer 1,05 % 0,04 %
Robo.cash 0,93 % 0,00 %
envestio 1,31 % 16,84 %
flender 0,44 % 1,92 %
iuvo 1,13 % 0,00 %

At Viventor, things are looking rather sad at the moment, which is due to the fact that factoring loans are currently being held until the end of the term, where they were usually repaid very quickly before. I am assuming that this will subside by March and that some payments will come later due to the Christmas business.

swaper continues to run very well in terms of interest rates, but reinvestment still hangs in the balance.

Viainvest continues to tick like clockwork, to be honest I forget the platform from time to time because it runs so unspectacularly and no cash problems or interest rate cuts require my attention. Only at the beginning of the year the residency certificate is requested, I am currently writing a separate article about this.

estateguru shone in January with a high interest income, as a few due projects have paid.

envestio continues to run very well, unfortunately there are few new projects at the moment, so some money is lying around after the first loan repayments. An autoinvest would also be a great thing!

Strategy

The envestio trial balloon is developing very well, all interest and repayments so far on time. However, it will not be topped up without further loans.

At estateguru and flender, I’m pulling out until the first results in the recovery are available, and the interest rates of 10-11% are too low for non-buyback. At flender the cash quota will increase, because payouts are not possible until 60€, clear thumb down for this!

Otherwise you have to hold your course, the annual yield 2018 was great (also in a separate article), there is nothing to complain about.

envestio logo

envestio review and first experience

Blog, envestio

So far, with the exception of Estateguru, I had only buyback platforms on the monitoring page. Therefore I would like to report today about my first experiences with Envestio. With Envestio another P2P platform is added, which doesn’t offer a “classic” buyback, but attracts with significantly higher interest rates. According to the website, up to 22% interest per year is possible.

With the currently available credits two projects are actually listed with 22% p.a., which are however already funded. The other available credits are also not uninteresting with 17 – 21.50 % interest per year. On the homepage they currently advertise with an average interest rate of 19.45% p.a..

Before we take a closer look, let’s take a look at the basic data on investing with Envestio.

Estateguru cashback

p2p provider

Estateguru sent out a new cashback info. All investments made between 28.08. and 09.09. receive

+ 0.5% cashback bonus will be applied to all investments above €1000


+ 1.0% cashback bonus will be applied to all investments above €10,000

The bonus will be credited to investors’ accounts once the project gets funded.

 

New to estateguru? Use my link to receive an additional 0.5% on all investments made in the first 3 months.

viventor

p2p provider

viventor is a p2p lending platform from Latvia. It offers mortgage and personal unsecured loans from Spain and Sweden.

viventor belongs to Prestamos Prima from Spain but is run by Viventor SIA from Riga, Latvia.

Statistics

The shown statistics show the investable sum of loans available. p2p-monitor polls the plattform every minute and checks the first 100 loans available.

Loans who are put online and bought in between this intervalls are not seen by the monitor and therefore not in the graphs. If there are more than 100 loans available these are not evaluated by the p2p-monitor.

Availability of consumer loans

viventor offers short term consumer loans with interest rates ranging from 10.5% to 12% per year. They are usually put on the website at around 5 am (GMT+1). Auto invest portfolios seem to all run at around 7 am for the first time so manual investing is best done between 5 am and 6.30 am.

twino

p2p provider

twino is a latvian p2p lending platform. It offers consumer loans from Georgia, Latvia, Poland, Denmark, Russia and Spain.

twino, formerly known as Finabay, is a platform from Latvia. twino exists since 2009, the p2p platform is online as of 2015. twino offers buyback and non-buyback loans.

Statistics

The shown statistics show the investable sum of loans available. p2p-monitor polls the plattform every minute and checks the first 100 loans available.

Loans who are put online and bought in between this intervalls are not seen by the monitor and therefore not in the graphs. If there are more than 100 loans available these are not evaluated by the p2p-monitor.

Availability of consumer loans

twino offers durations from  few days up to 24 months. The interest rates range from 8% – 14% per year.

They are usually put online from 10 pm on. Auto invest portfolios are investing in fixed intervals therefore manual investing is best done right when loans are put on the platform. Especially the loans with the highest interest rates are quickly gone.