November 2019 Portfolio Update

Learn how to earn passive income from P2P CrowdInvesting: achieve your FINANCIAL FREEDOM with true returns from Peer-2-Peer lending. See real screenshots of my P2P investments and their performance over time. All about the TOP European P2P crowdlending platforms and what you need to know to invest.

November 2019: Great Performance, Uncomfortable Surprises & New Challenges

Hi Savings4Freedom friends!

After a fantastic business trip to China last month, I’m back in Europe and ready to share a new monthly update. November 2019 was once more the best performing month for Savings4Freedom, but also a call to action on how to avoid the Chinese P2P collapse story with my own portfolio.

Uncomfortable Surprises

Kuetzal is in trouble due to management changes and multiple reports sharing concerns about the platform internal procedures and questioning the information presented by several borrowers that received loans through the platform.

FastInvest is under pressure to increase transparency & explain some prevalent rumors that are questioning the platform business.

Mintos is facing backlash for successive problems with it’s Loan Originators.

Regulatory Oversight Increases in the UK

The UK just implemented new Peer to Peer lending rules for the market in order to improve regulation over the industry and increase protections of individual investors, after multiple stories of P2P platforms failing to pay lenders back and going out of business.

Going forward, individual investors on will be classified within various categories including:

  • Certified sophisticated investor – no restrictions on how much you can invest – based on past activity.
  • Self-certified sophisticated investor
    • You have made more than one investment in a P2P agreement or portfolio in the past 2 years
    • You work, or have worked in the past 2 years, in a professional capacity relating to finance, resulting in an understanding of P2P
    • You are currently, or have been in the past 2 years, a director of a company with an annual turnover of at least £1 million
    • You are a member of a network or syndicate of business angels and have been so for at least the last 6 months
  • High net worth investor – you earn more than £100,000 per year, or hold net assets of at least £250,000.
  • Restricted investor  – you may invest 10% of your net assets with certain exclusions

Other new rules that impact the platforms include:

  • More explicit requirements to clarify what governance arrangements, systems, and controls platforms need to have in place to support the outcomes they advertise, with a particular focus on credit risk assessment, risk management, and fair valuation practices.
  • Strengthening rules on plans for the wind-down of P2P platforms if they fail.
  • Introducing a requirement that platforms assess investors’ knowledge and experience of P2P investments where no advice has been given to them.
  • Setting out the minimum information that P2P platforms need to provide to investors.
  • Applying the Mortgage and Home Finance Conduct of Business (MCOB) sourcebook and other Handbook requirements to
  • P2P platforms that offer home finance products, where at least one of the investors is not an authorized home finance provider.

What are your thoughts on this approach? Which investor categories do you find yourself? Are you compliant? Let me know!

On the other end, China is ordering the total closure of the industry.

If you didn’t read my description of the rise and fall of the P2P Industry in China, check the story on the image above. In fact, at the end of November China announced that P2P lenders will have two years to exit the industry. Check the Reuters report here. This news is a direct answer from the Chinese central government to avoid new scandals and small savers demands for compensation for the loss of their money in the industry.

Defining plans for 2020

Taking into consideration the Chinese example and taking into analysis my own personal finances reality, I’m currently working on my P2P investment plans for 2020. Some ideas are already in place, others still need additional time to be implemented. As ever, only reality will define the course of the future, but I genuinely believe that if you guide yourself and your actions based on a strong set of P2P lending investment principles, you will be ready to answer any challenges and face any losses on your way.

In any case, I intend to share with you my plans in the December update.

But, without any further due, let’s check the Savings4Freedom returns!


S4F Portfolio Update November 2019

You can see real screenshots of my accounts and my summary review of the platforms by checking my P2P platforms portfolio page.

Over last month, I continue the process to withdraw funds from Mintos and Viventor. I’m still reflecting if I should keep a token position on both. I added new funds to my top choices: Monethera, Envestio, Kuetzal (warning message on the report below), Wisefund, Crowdestor and TFG Crowd. I was able to add a small amount to my iban Wallet account so I can invest in a wonderful opportunity that could show up in the near future. As shared on my last update, Grupeer and FastInvest are now on what I describe as “maintenance mode” with small increments.

If during October I was able to successfully closed my P2P positions on Bulkestate, Lenndy, PeerBerry, Ekassa, and Debitum Network (you can read the reasons at the end of this update), in November I was finally able to exit DoFinance, NeoFinance, and EvoEstate.

PlatformLoan TypeAverage Annual Interest RateExit Reason / Bonus & Cashback
EvoEstate Logo @ Savings4Freedom
EvoEstate
Real Estate~12%A nice P2P loan aggregator, that could be a wonderful initial P2P platform for those that want to invest in Real Estate without the need to open multiple different P2P lending accounts. A great idea for beginner investors, but no significant value for more mature investors that are capable of managing multiple P2P platforms.

In case you employ my referral link to invest in EvoEstate you earn 15€ in cash bonus after your first investment
NeoFinance @ Savings4Freedom
NeoFinance
Consumer~20%Lack of investment protections. High defaults rate and incredible high hidden fees when selling loans. I truly don’t recommend inexperienced investors to choose this platform. My worst experience was to face the penalizing exit fees in favor of the platform, with over 75% discount on the value you purchased the loan in favor of NeoFinance.

If you create an account and invest in NeoFinance using my referral link, you gain 25€ as a sign-up bonus.

Check my NeoFinance account here.
DoFinance @ Savings4Freedom
DoFinance
Consumer~9%Low-interest rates for investment risk. Strict rules regarding investment periods that generate huge opportunity cost if not considered. Lack of transparency regarding the actual duration of the investments made. I truly recommend you to avoid investing in this P2P platform. If you want your money back, you need to wait a period of 90 days without receiving interest in order to you be able to exit your investment position.

If you sign up and invest through my referral link, you enjoy VIP status offer which gives an extra 1% yield on all your investments in DoFinance during the first 3 months.

Check my DoFinance account here.

New P2P Platforms to Test

This month I will start researching 4 new platforms, and I will decide to invest based on my availability of funds and further information. But I will aim for the offers with an initial cash bonus, that I share with you below:

PlatformLoan TypeAverage Annual Interest RatePlatform Initial Research / Bonus & Cashback
iuvo group @ Savings4FreedomIUVO GroupConsumer~12%IUVO Group is active since August 2016 and is a direct competitor of Mintos offering loans from Romania, Bulgaria, Georgia, and Poland. With buyback guarantee of the principal amount invested after 30 or 60 days (if not paid by borrower) depending on the loan. They currently present average interest rates around 9%, but I know some cases of portfolio performance over 13%.

A nice way to diversify, but what called my attention was the initial cashback offer:
– If you invest 1000€ on your first deposit and investment, within 30 days of signing up, you get 30€ on your account as a bonus; plus
– If you invest another 1500€ or more within 60 days of signing up, you get 60€ on top of the previous bonus.

In case you employ my referral link to invest in IUVO Group make sure you take full advantage of the initial 90€ in cash bonus after your first investments!
Fellow Finance Logo @ Savings4FreedomFellow FinanceConsumer & Enterprise~10%I recently discover Fellow Finance. In fact, to my surprise is the largest peer-to-peer lender in Northern Europe. The platform follows a direct method of facilitating loans to businesses and consumers based on the auction principle where borrowers set a maximum interest rate and lenders bid on the loan. Operations extend to five different countries in the euro-zone without any external loan originators finding the borrowers, it is all direct lending and borrower acquisition done in-house.

As the ownership of Fellow Finance is publicly traded on Nasdaq First North Finland stock market, they are supervised by the Financial Supervisory Authority of Finland.

They don’t offer buyback guarantee, present interest rates that span from 8% to 18%, and a 1% fee for sellers on the secondary market, in case you want an early exit.

Fellow Finance does not offer any initial sign-up bonus, but you can create your account using my referral link and help the blog. Thanks!
LenderMarket Logo @ Savings4FreedomLenderMarketConsumer~12%Lendermarket is a new crowdlending platform based in Ireland created in June 2019 and specializes in very short-term loans (usually 1 month or less) with a buyback guarantee (loans more than 60 days overdue from their due date) and very interesting returns (currently around 12%).

While it has been only established for a short period of time, it is a sister company of Creditstar Groups AS. It is a consumer financial services company established in 2006 with loans available on Mintos.

In case you employ my referral link to invest in Lendermarket  you earn 1% on all investments over the first 60 days in cashback
BOLDYIELD Logo @ Savings4FreedomBoldyieldBusiness~15%Boldyield is a Peer-to-Business crowdlending marketplace that gives businesses access to finance quickly and professionally and investors – a possibility to earn annually up to 18% by investing in asset-based projects from Maritime Transportation, Real Estate and Business Financing sectors.

Boldyield does not offer any initial sign-up bonus, but you can create your account using my referral link and help the blog. Thanks!

I’m right now defining the investment strategy for 2020, but during November I continued to invest my savings into P2P lending investments, on the following Top personal P2P platform choices:

PlatformLoan TypeAverage Annual Interest RateBonus & Cashback
Monethera @ Savings4FreedomMonetheraEnterprise & Real Estate~18%In case you employ my referral link to invest in Monethera you earn 5€ in cash bonus and 0.5% on all investments over the first 180 days in cashback.

SPECIAL Savings4Freedom CASHBACK BONUS: in case you use the promo code: savings4freedom, you will get cashback for 360 days instead of 180 days! This is a limited offer! Only the first 50 accounts to add this promo code enjoy this cashback bonus.

Check my initial review on Monethera and details on my account here.
Envestio @ Savings4FreedomEnvestioEnterprise & Real Estate~17%In case you employ my referral link to invest in Envestio you earn 5€ in cash bonus and 0.5% on all investments over the first 270 days in cashback.

Check my Envestio account here.
KuetzalEnterprise & Real Estate~19%WARNING: Please read the section about Kuetzal below before making any investments!

In case you employ my referral link to invest in Kuetzal you earn 5€ in cash bonus and 0.5% on all investments over the first 180 days in cashback.

Check my Kuetzal account here.
Wisefund Logo @ Savings4FreedomWisefundEnterprise & Real Estate~19%In case you employ my referral link to invest in Wisefund you earn 0.5% on all investments over the first 270 days in cashback.

Check my Wisefund account here.
Crowdestate Logo @ Savings4FreedomCrowdestorEnterprise & Real Estate~15%In case you employ my referral link to invest in Crowdestor you earn 0.5% on all investments over the first 180 days in cashback.

Check my Crowdestor account here.
TFG Crowd Logo @ Savings4FreedomTFGCrowdEnterprise & Real Estate~15%No bonus for new investors from TFGCrowd, but you can create your account using my referral link and support the blog this way. Thank you!

Check my TFG Crowd account here.
Grupeer @ Savings4FreedomGrupeerEnterprise & Real Estate~13%In case you employ my referral link to invest in Grupeer you earn 1.25% on all investments over the first 6 months in cashback.

Check my Grupeer account here.
Mintos Logo @ Savings4FreedomMintosConsumer~11%In case you employ my referral link to invest in Mintos you earn 0.5% on all investments over the first 90 days in cashback.

Check my Mintos account here.
FastInvest @ Savings4FreedomFastInvestConsumer~13%No bonus for new investors from FastInvest, but you can create your account using my referral link and support the blog this way. Thank you!

Check my FastInvest account here.
Viventor @ Savings4FreedomViventorConsumer~12%No bonus for new investors from Viventor, but you can create your account using my referral link and support the blog this way. Thank you!

Check my Viventor account here.
iban wallet @ Savings4Freedomiban WalletConsumer2.5%You can sign up and invest through my referral link you can join the iban Wallet referral program and get €25 for every invitee that invests more than €1000.

Make sure to add the referral code – RCARLOS3EG8D – when creating your account!

Special Savings4Freedom Blog Bonus: during December and January, every reader who joins iban Wallet will get a 3% interest rate on their iban Wallet account for 6 months by adding €300 or more using the code XMAS3.

Note: this is a bonus which has a minimum deposit amount to be activated, this code needs to be inserted after the registration process, in the top up the account step. 
iban bonus @ Savings4Freedom

Check my initial review on iban wallet and details on my account here.


N26 account December bonus campaign, Revolut, and Transferwise

As you already know, I’m really happy with the way N26 Account simplified my portfolio management. With all the transactions between P2P platforms, it would be impossible for me to manage without the simple interface N26 offers. I highly recommend it!

Until the end of December, N26 is offering a special proposal: earn 30€! How? You will receive your cash reward after you open an account with N26 and spend €30 or more on your new card.

You just need to use this link or write the referral code: carlosb2903

My decision to follow the 3 buckets account approach is working:

  • One bank account for my daily expenses: Revolut;
  • One for my savings and emergency funds: National Traditional Bank;
  • N26 Account to manage my P2P Investments.

This approach, combined with the use of Transferwise when I need to exchange currencies is simplifying my life and increasing visibility over all my transactions.


S4F Monthly Income Statement: November 2019

PlatformInvested (€)Month Return (€)Asset Profit (€)Asset Value (€)
KUETZAL2.830,5037,54169,503.000,00
MONETHERA7.188,17108,81311,837.500,00
ENVESTIO5.313,9780,46686,446.000,41
WISEFUND3.406,2957,22112,503.518,79
CROWDESTOR2.121,7620,4131,772.153,53
TFG Crowd1.829,4623,8944,431.873,89
FASTINVEST1.712,5917,4787,971.800,56
GRUPEER4.545,3556,86761,515.306,86
MINTOS-1.207,0119,071.820.33613,32
VIVENTOR368,2482,941.356,941.725,18
IBAN WALLET804,5551,75197,631002,18
ROBOCASH0,000,0075,230,00
BRICKSTARTER50,000,3015,8565,85
HOUSERS50,000,4150,73100,73
EVOESTATE0,001,0031,000,00
LENNDY0,000,0013,160,00
FINBEE20,46-0,81-2,1523,18
NEOFINANCE0,007,1333,030,00
MONESTRO16,000,004,0020,00
CROWDESTATE0,000,0056,610,00
BULKESTATE0,0027,0071,500,00
EKASSA0,000,000,570,00
PEERBERRY0,000,005,410,00
DOFINANCE0,000,004,950,00
ESTATEGURU100,004,844,84104,84
VIAINVEST9,618,0513,4333,02
REINVEST24100,000,00-2,0098,00
DEBITUM0,002,127,940,00
COINBASE20,00-4,548,2128,21
BULLIONVAULT1.038,28-14,69305,061.328,65
BONDORA0,000,000,500,00
FLENDER0,000,000,000,00
RENDITY0,000,000,000,00
PROFITUS0,000,000,000,00
COINLOAN0,000,000,000,00
BITBOND0,000,000,000,00
PREPAYWAY0,000,000,000,00
 30.318,22558,116.278,2236.297,20

To get a comparative analysis based on my personal opinion about multiple other platforms, please check my P2P lending platforms comparison page.


P2P Lending Portfolio Performance

Since I first started investing in P2P lending, my returns from crowdlending totals €5.940,82 (€577,34 in interest during November 2019). More 74,48€ than in October!

I’m truly impressed with the impact of compounding interest in the growth of my P2P portfolio. Even after withdrawing a significant amount of funds in October 2019, since these funds were invested in iban wallet, my portfolio performance was not affected.

In October 2019 I needed to use a significant amount of funds for personal reasons. The reason why I choose iban Wallet was exactly to allow me to have access to my funds immediately, without the need to sell my position or wait for liquidity.


P2P Platforms Monthly Review

Kuetzal

Kuetzal @ Savings4Freedom

November was a month full of surprises about Kuetzal. All payments received on time, and some of the available loans were closed. They planed to release two new loans in December as presented below.

I added funds to my Kuetzal account and received all scheduled interest rates on time. As you can see in the portfolio performance below, all is going fine with the platform, but check the update below

Kuetzal Updates

After the communication last month that one of the borrowers was facing some legal proceedings and to avoid any issues, Kuetzal was informing investors who participated in the SIA “ALPA Buve” (deal #0014), no additional update was shared with investors.

I would like to know what happened since the communication, but then something else happened that distracted me from this issue…

Kuetzal: Troubles with Marina Code SP (deal #0010)

After what I described before, during November, Kuetzal also informed investors in Marina Code SP company (deal #0010) that they found out negative information on the company’s current business activity. Based on their research and even though all payments by the company were made on time, Kuetzal decided to stop the collaboration with Marina Code SP and return all invested funds from the loan to the original investors.

Even if these are bad news, Kuetzal did a good job by protecting investors in a proactive manner.

Kuetzal Platform Maintenance

On November 20th, multiple Kuetzal investors faced issues to access their accounts. Only during the next day, Alberts (Kuetzal CEO) communicated through social media messages that the platform passed through maintenance during that night, creating some troubles to investors to access their accounts in some regions.

Such a lack of preparation and communication was quite troubling, but even the worst example of bad investor communication would later happen.

Kuetzal: New CEO and Managing Team

On November 26th, news arrived that Alberts was stepping down as Kuetzal CEO and that Maksims Reutovs would assume the position. In addition, an entirely new team was visible on the website. All these actions performed without any prior notice or investor warning. Worse, in my opinion, the transition wasn’t announced by Alberts, but by Maksims, adding to the sense of lack of maturity and preparation of the transition process by Kuetzal.

After some research and discussion, the reason why Alberts is leaving Kuetzal is quite simple: he received a very attractive offer from a big holding company and he couldn’t say no. He will maintain a limited role in Kuetzal and according to Alberts, Maksims is a trusted and very ambitious person that will lead Kuetzal to a new level.

Kuetzal: New Features under Development

Among the most demanded features that Kuetzal is currently developing are:

  • Two-factor authentication to secure investor’s accounts better;
  • Make several changes in the Account Panel to simplify work with the platform.

No information on when these features will become available.

Kuetzal: Updated Terms & Conditions

On the same day, without prior notice, investors opening their Kuetzal platform faced new Terms & Conditions without any actual choice to refuse. After reading, nothing out of the ordinary when compared with any other P2P lending platform can be highlighted, stating the risks and avoiding any potential liability in relation to the loans presented, but once more, these bad practices in communication with investors must stop.

Just some of the pearls I hope everyone already is familiar in P2P lending platforms terms of service texts:

1.6. Permission for a User to make a loan request and assigning a risk category to it in the Portal does not constitute any of the following:

– the Portal Operator’s confirmation or any other indication that the Borrower is creditworthy;
– the Portal Operator’s confirmation that the relevant project is viable;

Kuetzal new Terms & Services

“1.7 … Among other, the Portal Operator may TERMINATE the operation of the Portal at its own discretion at ANY time.”

Kuetzal new Terms & Services

“1.8. The Portal Operator has the right to amend or supplement the Terms of Service and all other operating rules, guidelines and policies of the Portal (including the Privacy Policy) or lay down additional conditions, WITHOUT ADVANCE NOTICE.”

Kuetzal new Terms & Services

“5.5. The information prepared by a Borrower for borrowing funds is published to the Users in the Portal in its FULL EXTENT…”

Kuetzal new Terms & Services

“5.6 … The Portal Operator does not perform any due diligence of the Borrower or the Project.”

Kuetzal new Terms & Services

Scary, right? It should be! This is a good wake up call to confirm that any funds invested on these types of platforms are at risk and we should be careful before making the decision to invest.

Kuetzal: Alborg Petro Loan Issues | Potential Scam?

On December 10th, Oscar Harrington from ExploreP2P blog reported its findings regarding an investigation of one of the companies that received a loan through Kuetzal. You can find the report here. Based on the findings it is almost impossible not to consider such loan a fraud, even more taking into consideration the recent changes in the platform Terms & Services.

In reply to this report, Kuetzal quickly published a damage control message on their facebook page:

Alborg Petrol.
Recently one of the p2p bloggers has published an article about one of the loans listed on Kuetzal Platform- SIA Alborg Petrol company.
Going inside the article, several topics were raised regarding company’s activities, financials, actual presence in registered address etc.
We have to point out the fact, that:
There was a series of answers that were provided, quite a few of these argumentations are covered in the article.
While Kuetzal was analyzing this project, we have done a due diligence from our part. Information provided by the Alborg Petrol management was checked and confirmed. Company has proven their current partnership with well-known oil companies, bringing running and finished contracts as one of the proofs of their activities. Company is performing their deals mainly through their employees, agents and intermediaries, who are usually located all around the world, depending on the specific partner location.
A fact that Alborg Petrol is a small-structure company along with highly-competitive business area, business “addiction” from larger oil companies create additional risks for Alborg Petrol deal, and this is one of the reasons why project is offering 20.5% for Kuetzal investors, higher than average interest rate among Kuetzal projects. Kuetzal also contributed with 351.500€ in this project through Kuetzal Care as the project was not fully funded as requested by the company terms.
Kuetzal is continuing communication with Alborg Petrol representatives, currently we do not have neither financial or informational claims to the company.”

Kuetzal Facebook Page

As you can imagine, such communication just opened doors to more and more questions, that remain answered until now. The trust of the community is at risk and I imagine a significant number of investors will decide to leave the platform entirely.

Kuetzal: My Next Steps

Based on this new reality, I can only wait and see what will happen with Kuetzal, consider the platform as high risk and reduce my position in a gradual manner to a better risk/reward allocation within the portfolio. Only after careful evaluation of the next steps of the Kuetzal new management, I will decide if I should stop the process to slowly decrease my position during 2020.

Kuetzal Cashback & Bonus

CASHBACKFESTIVE is available ONLY during this period: 10.12.2019 – 31.01.2020. Make your investment now and get your cash-back instantly.

Note: Cashback is applied only to single investments in a project ( not a sum of several investments in different projects ). The number of investments that are granted with cashback is unlimited. Each investment over 1000EUR during the cashback promo period is granted with cashback.

In case you employ my referral link to invest in Kuetzal you earn 5€ in cash bonus and 0.5% on all investments over the first 180 days in cashback.

Check my Kuetzal account here.


Monethera

Monethera @ Savings4Freedom

Monethera continues to perform in an impressive manner! This month they release new features that have been requested by investors, showing their open approach to improvement comments from their users. Examples: promo codes and returns simulator.

My top P2P platform choice from 2019, since Monethera continues to offer me a great investing experience. Good projects, descriptions, and financials that allow me to make informed decisions to invest.

What have been your experiences investing in Monethera loans until now? Please share it with the community in the comments section.

Only two projects remain open in the moment I write this update. And the number of investors Monethera is growing quickly.

Monethera offers among the best interest rates in the business with buyback guarantee. One of the things I really like in the platform is that from the moment you invest in a Monethera project, you immediately start receiving interest. I took full advantage of the initial cashback offer. Not available to me anymore, but check the bonus section to learn how you can double the duration of your initial cashback period!

Monethera Updates

Monethera: New Promo Code Feature

Monethera just made available on your dashboard a new feature that allows you to use promo codes (like savings4freedom) to extend the 0,5% cashback to a period of up to 360 days! Don’t miss it. The code can only be used a limited number of times, but it can’t hurt to try!

Monethera: Sharing Savings4Freedom Review

It was really great to see Monethera sharing my review about the platform on their blog. Thank you for your support in making the post visible to Monethera marketing team. I hope you guys see value in this blog content.

Monethera: First Project Principal Repayment

On November 1st, Monethera announced that “Transportation of Lumber” project has been successfully finished. It was a 3-month project and the principal amount repayment has been made on time. The same company presented a new project this month.

Monethera: Growing Number of Investors

The number of investors is growing and at the beginning of December, Monethera shared that they currently have 1754 investors, from 1469 in November.

Monethera Cashback & Bonus

In case you employ my referral link to invest in Monethera you earn 5€ in cash bonus and 0.5% on all investments over the first 180 days in cashback.

SPECIAL CASHBACK BONUS: in case you use the promo code: savings4freedom, you will get cashback for 360 days instead of 180 days. This is a limited offer! The code can only be used a limited number of times, but it can’t hurt to try!

Check my initial review on Monethera and details on my account here.


Envestio

Envestio @ Savings4Freedom

Last month I wrote that Envestio was facing a new challenge… I was far to imagine that in less than 30 days the company would announce their acquisition by a German investor… more below on the platform updates.

Maybe because of the preparation of the formal acquisition announcement, Envestio did not launch projects during November. But all pending payments were executed and I just hope the platform continues to deliver great returns.

After reducing my position on Envestio in August, due to a lack of investment offers at the time, I reinvested during October and November. The returns recovery shows the consequence of such actions from my part.

Envestio Updates

Envestio: Acquisition by Arkadi Ganzin

On December 2nd, Envestio announced the acquisition of the platform by a strategic investor from Germany, Mr. Arkadi Ganzin Not much is known about this investor, except the formal information shared by Envestio.

In any case, with the acquisition the company will have a new COO, Eduard Ritsmann that brings international sales experience to the team. The former COO, Eugene Kukin will continue working as General Advisor for at least six more months after the acquisition and all team members are staying with the company.

A special piece of information relevant for you as an investor is that there will be no changes in existing Envestio conditions over a period of 1 year after the formal announcement.

I still don’t know what to think of this news yet, so I’ll wait some more time to learn more about the new Envestio owner and management team in the coming weeks. In any case, I just want Envestio to be able to keep up its track record.

Envestio Cashback & Bonus

In case you employ my referral link to invest in Envestio you earn 5€ in cash bonus and 0.5% on all investments over the first 270 days in cashback.

Check my Envestio account here.


Wisefund

Wisefund Logo @ Savings4Freedom

A quiet month for Wisefund. The promised platform update is taking longer than expected by the team and investors are now waiting for more than 1 month for the opening of the platform to investments. I’m looking forward to the new features so I can write a proper Wisefund review.

Wisefund presents itself as a P2P lending platform within the successful model of other platforms such as Envestio, or Monethera. Good projects, descriptions, and financials to make an informed decision to invest.

In an environment where P2P platforms such as Mintos, Grupeer, FastInvest, and Viventor offer auto-invest options with interest lower than 13%, P2P platforms that offer all the decision power to select projects to invest, with higher interest rates in enterprise loans gain a growing relevance.

Wisefund offers among the best interest rates in the business with buyback guarantee. All repayments schedule is visible and you can plan your next investments having this information into consideration.

Since I was looking for alternatives to diversify my portfolio distribution, while increasing the average interest rate on my savings, Wisefund is a great addition to Savings4Freedom.

Although we planned to introduce new deposit details on Monday, there’s been a delay, but there is a reason behind this. Complete turnaround on deposit speed improvement is the main reason we’re having this pause, and in the end, everyone will be satisfied.

Wisefund Updates

Wisefund Delayed Platform Update

The Wisefund team is working to release a new version of the platform, that is taking much more time than expected to be released, however, investors are waiting for great new features, at the same time as a smoother deposit/withdraw experience:

  1. Loan details will show Project name instead of the loan company, that were confusing users before;
  2. Account statement (any chosen date) download is available now, under ‘My account’;
  3. Fixed bug with payments schedule, now it will show the correct payment schedule when there is more than one investment in a loan;
  4. Notifications and requests will now not only be sent by email but also will pop up in your Wisefund profile.

Wisefund Cashback & Bonus

In case you employ my referral link to invest in Wisefund you earn 0.5% on all investments over the first 270 days in cashback.

Check my Wisefund account here.


Crowdestor

Crowdestor Logo @ Savings4Freedom

The Crowdestor projects are something to really feel like a speculative investor. As I shared with you on my last update, Crowdestor will not assume a relevant place for now on my portfolio for a very simple group of reasons:

  • No buyback guarantee available (just a provisional buyback fund that is far from covering any project individually). Right now the value of the buyback fund is €143,301.94 (a ridiculous amount is you want more save investments);
  • The cross-debt, ownership participation of the Crowdestor CEO in companies that receive funding from projects available on the platform.

I will need to research further, but just these two elements will mark any deposit I make in Crowdestor as my speculative investment on the Savings4Freedom portfolio. In any case, there is space for such type of offer on my portfolio and I place Crowdestor as my speculative P2P platform.

I don’t believe to be far to compare Crowdestor with other P2P platforms that state full buyback guarantees, such as Wisefund, Envestio, Kuetzal or Monethera. But it is great to see interesting projects, with good descriptions. I would like to have additional financial details to truly assess and estimate the risk and make a more informed decision to invest.

Above you can check the type of speculative projects available on Crowdestor. The platform received some criticism for not sharing full information regarding the Mafia Stars project. They presented for funding the same project last month and now investors are surprised to see a Tier 2 associated with it. For sure this will have an impact on the “success fee” that could trigger the additional interest return.

Another aspect to consider before investing in Crowdestor projects is that for this particular type of project you have very different repayment plans: from one year without payment with bullet payment by the end of the loan maturity to other modalities that actually increase your investment risk.

Note: For those two particular projects, you still can invest. They remained open until the moment I was writing this update.

Crowdestor offers an impressive number of investments over time, with great interest rates. All repayment schedules are visible and you can plan your next investments having this information into consideration.

Crowdestor Cashback & Bonus

In case you employ my referral link to invest in Crowdestor you earn 0.5% on all investments over the first 180 days in cashback

Check my Crowdestor account here.


TFGcrowd

TFG Crowd Logo @ Savings4Freedom

As shared on my last update, TFGcrowd is another case where I still have mixed feelings. Exactly as Crowdestor, TFGcrowd will not assume a relevant place for now on my portfolio, since it does not offer buyback guarantee. TFGcrowd just has available a provision fund that is far from covering any project individually. Right now the value of the buyback fund is €104,000.00 (a ridiculous amount is you want more save investments).

I will need to research further, but the reality described above marks any deposit I make in TFGcrowd in the same manner as in Crowdestor: my speculative investments on the Savings4Freedom portfolio.

The projects are interesting, based in the UK, that currently are facing some problems among their P2P lending platforms, but these particular projects look well structured and with good business rational. The interest rate is also relevant for the comparison and TFGcrowd does not come bad as well in that particular metric.

TFGcrowd clearly needs to improve some of the platform capabilities to provide visibility over repayment to investors. I’m curious to learn how the platform will evolve in the future.

TFGcrowd Updates

TFGcrowd Buyback Guarantee EXTRA

TFGcrowd announced during November their EXTRA buyback guarantee.

You already know about the TFGcrowd Buyback Guarantee Fund for projects market with Buyback Guarantee. They now announced to investors the setting up of TFGcrowd Buyback Guarantee EXTRA for all the projects currently open for investments on the TFGcrowd platform.

How will the Buyback Guarantee EXTRA work?

  • This buyback guarantee will be provided directly from TFGcrowd funds (not the Buyback Funds or the Loan Originator’s funds);
  • In case any of the borrowers of the projects currently open for investments on our platform defaults by 31st December 2020, TFGcrowd will secure repayment of the nominal value of the outstanding loan plus accrued interest income from their own funds. All investors will be compensated proportionately to their investments in a particular project;
  • It is deemed that a borrower has defaulted if the repayment of the particular loan is delayed by more than 60 days.

This is just another way to say that TFGcrowd will guarantee the investor funds, but if everything goes wrong, and TFGcrowd goes bankrupt, nothing will guarantee your money.

TFGcrowd Cashback & Bonus

No bonus for new investors, but you can create your TFGcrowd account using my referral link and support the blog this way. Thank you!

Check my TFGcrowd account here.


FastInvest

FastInvest @ Savings4Freedom

Smooth month in my FastInvest position. Small investment increment, small return increment. I like the platform. I like their highly professional marketing approach, but I really don’t like the lack of transparency regarding loan originators. I will rethink my investment strategy for 2020 and the lack of information about FastInvest operations will be highly relevant in my decision.

Once again I must confess that I’m growing tired of the lack of information regarding loan originators. When you work with some of the most risk-prone consumers in Europe, such as Spain and Poland, you really need to know about the loan selection process and due-diligence to secure payments.

With other alternatives more rewarding than FastInvest available on the market, it will be really hard to keep investing in the platform without more transparency from their part. The availability of viable P2P platform alternatives to invest in (Wisefund, Envestio, Kuetzal, Crowdestor or Monethera), especially in enterprise loans are leaving me no choice as to simply maintain my position on FastInvest with small increments to ensure I maximize potential return.

FastInvest Cashback & Bonus

No bonus for new investors, but you can create your account using my referral link and support the blog this way. Thank you!

Check my FastInvest account here.


Grupeer

Grupeer @ Savings4Freedom

My returns from Grupeer continue their steady growth and I consider it among the most reliable fixed interest returns assets I owned. I’m still trying to see the impact of the recent decision to prepare all service terms and agreements to accumulate loans provided by loan originators without buyback guarantee to answer the competition in my investments.

Based on this reality, I probably will start looking towards Grupeer in the same manner as Mintos. If the trend becomes similar, I will decide if it justifies continuing growing my portfolio in the platform.

After reducing my position on Grupeer in July, due to the repayment of a big number of loans, I started reinvested during August and expect to slowly continue to do so over the next few months, if the platform keeps delivering value. I’m still “suffering” from my withdraw in the platform income but hope to overcome this effect soon.

Grupeer Updates

Grupeer: New Loan Originator

Grupeer announced a new loan originator Lime Loans from South Africa. Lime Credit Group was established in Russia in July 2015, but the only product that is offered in SA is a payday loan. To apply for a loan potential customer goes online to their website www.lime24.co.za.

After filling the application, the decision is made almost instantly. To evaluate the target audience Lime Loans is using the “Living Standards Measure” (LSM). This measure shows the customer’s ability to repay and is based on different variables like ownership of the real estate, DVD player and even if the person has access to hot water! The measure varies between 1 and 10. The target consumers of Lime Loans are between 5-10 LSM and typical are 5-8 LSM.

Grupeer: New Development Projects

Grupeer announced two new development projects from Sweden and one final stage of the Business center in Belarus.

One of Grupeer’s key competitive advantages is that they offer not only loan deals but also development projects for investment. The experience of the founders allows them to see the possible pitfalls and precisely estimate how the money is allocated and spent during the construction stages. This is the main reason, why Grupeer splits investments into tranches – this allows Grupeer to monitor the construction progress.

Grupeer November Platform Update

Grupeer shared the update for November and the numbers continue the positive trend: 1828 new investors in the platform, €5.3 million invested in loans and 12.87% average interest rate with cashback.

I would prefer that Grupeer continue to use the same metrics from previous months, so we could actually compare and calculate trends…

It is clear that with the growing number of investors in the platform it’s becoming more difficult to provide loans with the interest rates that lead me to invest. But I prefer lower interest rates than lower loan evaluation criteria! The fact that investors are leaving Mintos should be related to this new reality.

Grupeer Cashback & Bonus

Grupeer New Year Lottery

All Grupeer clients that invest in the period from 16th till 31st of December will automatically take part in a lottery and get a chance to win €2020.
The winner will be announced on the 2nd of January 2020.

Grupeer New Year Cashback Campaign

Grupeer is offering a guaranteed cashback on your deposit.
The more you invest, the more you get:
– Invest €1000 and get 0,5% cashback 
– Invest €1500 and get 0,75% cashback 
– Invest €2000 and get 1% cashback 

Grupeer 14% Increased Interest Rate

Grupeer announced that from December 13th till January 12th interest rate on loans placed by three of their loan originators (Finsputnik, PlanetaCash and Primo Invest) will be increased to 14%.

In case you employ my referral link to invest in Grupeer you earn 1.25% on all investments over the first 6 months in cashback.

Check my Grupeer account here.


Mintos

Mintos @ Savings4Freedom

November was a month for the recovery of my Mintos returns. After reporting in October, for the first time, negative returns, I’m back on the positive. However, I’m reaching the bottom of my goal for Mintos. My objective is to close 2019 with 500€ in my Mintos portfolio.

The raise of great alternatives that offer me higher profitability and control is only the tip of the rationale for my recent move to reduce my position.

I don’t expect more negative months, but my Mintos portfolio returns will be smaller from now on, based on my consistent withdraw of funds.

Mintos Updates

Mintos: New Loan Originators

Wowwo: If you have been waiting to get exposure to Turkey’s market, the time has come. Wowwo launches on Mintos and offers investments in car loans with an expected net annual return of 10-11%. All of Wowwo’s loans are listed in euro (EUR).

Dinerito Audaz: Do you want more investment opportunities from Mexico? There are now more loans for you to invest in on Mintos, as Dinerito Audaz has launched on the marketplace with its personal loans.

Mintos: Rapido Finance Default & Other LO issues

After Mintos announcement of Rapido Finance (prior knew as EuroOne) default, investors are still waiting to understand how the platform will help them recover their money. The loan originator was already suspended from the Mintos Primary and Secondary Markets due to the loan originator’s failure to make timely payments to investors.

Mintos: IuteCredit Europe is covering investors’ repayments in Monego loans

Following up on the news regarding IuteCredit Kosovo, (on December 6, 2019, IuteCredit Kosovo’s license was revoked and a company liquidator was put in place by the Central Bank of Kosovo (CBK). IuteCredit Europe has made necessary actions to question the legal aspects of this CBK’s decision).

IuteCredit Europe is covering repayments to investors for their investments made in loans issued by IuteCredit Kosovo, covering ongoing outstanding payments and 60 days late payments with a buyback guarantee.

This is becoming a trend from Mintos loan originators, and as discussed in the beginning of this update, we don’t want to repeat the Chinese P2P market mistakes.

What is your take on Mintos approach to dealing with non-performing loan originators?

Another Aforti Finance Update: Buyback Guarantee

Let’s go back and check Mintos last post on the subject, that addresses a very important point: the Mintos buyback guarantee.

What follows is a direct copy from Mintos blog post:

“Among comments on Aforti Finance, we also saw misconception that the buyback guarantee is a measure of safety put into action as soon as there are indications of loans underperforming. However, this is not true. The buyback guarantee is the loan originator’s commitment to repurchase non-performing loans from investors that are 60 days past due and is exercised by loan originator only in this case. The loan originator’s ability to fulfill the buyback guarantee depends primarily on its loan performance, with its balance sheet strength adding an extra layer of assurance. Mintos assesses both these aspects in the initial due diligence and during the continuous monitoring of the loan originators. 

The buyback guarantee does not imply the absence of risk, though. In case the loan originator’s loan performance and/or financial performance significantly deteriorates, the loan originator may not be able to honor the buyback guarantee.

Some investors have asked why the group guarantee has not been activated in the case of Aforti Finance. The effectiveness of the guarantee would depend on the guarantor’s ability to immediately settle the amounts due. With Aforti continuing to make payments, we believe requesting to exercise the guarantee would not be in the best interest of investors”

Mintos blog post on Aforti Finance

Once again, my understanding is that Mintos is addressing this issue in the worst possible manner. I must confess that this is the type of activity that turns down my willingness to continue investing in Mintos. I will continue to withdraw my funds from the platform.

Mintos Cashback & Bonus

In case you employ my referral link to invest in Mintos you earn 0,5% on all investments over the first 90 days in cashback.

Check my Mintos account here.


Viventor

Viventor @ Savings4Freedom

Viventor is surprising me with the resilience of the monthly returns, even after multiple months of successive withdraws. I’m committed to my strategy to reduce my position on Viventor.

I expect next month to start seeing the implications on the platform returns of my strategy. If you check the account performance, it is taking far longer to receive the payments from my 30 days loans than desired. The opportunity cost is significant and the issues reported from Mintos loan originators are similar in Viventor.

Viventor: Account Performance

As described above, the performance of my Viventor account is surprising to me. I believe this behavior is entirely associated with delayed payments of interest, so in fact, it represents the opportunity cost from past months! Check the image below to see how the great majority of my funds represent delayed payments.

As you can see, my prior strategy of investing in 30-day loans represented a huge opportunity cost for non-timely payment. Less than 10% of my loans are current, with the great majority showing more than 30 days delay.

This reality is driving my decision to reduce my Viventor position.

Viventor Updates

Viventor: CEO Message About Payment Delays

“We have already analysed the situation with delayed loans in our investors’ portfolios.

This situation is not because the loans are defaulted, the reason is because we currently (working on it) have no means to identify loans that are prolonged. For example, a borrower directly agrees with a loan originator to prolong the term of repayment and pays only interest for the agreed period. Loan originators currently have no technical means to provide this information to us (Viventor) and since full principal repayment was not received, the loan is shown as delayed on our platform. While actual borrower has not defaulted at all.

We are already implementing the extension / prolongation of the term functionality in order to make actual status visible on the platform. For each prolonged term investors will get the agreed interest immediately. We will keep you updated on the progress.”

Viventor CEO, Andrius

Viventor: 10 EUR minimum withdrawal

Viventor announced that due to a growing investor base the costs for money transfers have also become significant. In order to decrease operational costs, Viventor introduced a 10 EUR minimal withdrawal amount restriction. 

Viventor: New Loan Originator

Viventor is now working with Kreddy a loan originator operating in Bosnia and Herzegovina.

Viventor: Aforti Update

The debt continues to grow and no solution is available until the moment for the recovery of investors money.

Viventor Cashback & Bonus

No bonus for new investors, but you can create your account using my referral link and support the blog this way. Thank you!

Check my Viventor account here.


iban Wallet

iban wallet @ Savings4Freedom

After my withdraw in October, I was able to return to 1000€ allocation goal.

The platform performance during November was surprising. Thanks to the Savings4Freedom community, since some of you created accounts using my iban Wallet referral link and referral code RCARLOS3EG8D, I received some bonus that pushed the income stats. Thank you so very much!

iban Wallet Updates

iban Wallet: Changes in Bank Provider

At the beginning of November, iban wallet changed their financial bank services provider from Santander to Lloyds, leading to some trouble with client transfers. I have experienced some delay in the recognition of transfers, but after some contacts with the support team received retroactive interest on the deposited funds.

iban Wallet: Changes in Website Information

I noticed a small change on the iban wallet website that I need an explanation to understand.
At the beginning of October it was possible to read on the iban wallet website:

“Iban Wallet Corporation Ltd. is registered with the Information Commissioner’s Office (ICO) (registration number ZA464230). Iban Wallet Corporation Ltd. is registered in England and Wales (company number 11599770) and its registered office is at Level 39, One Canada Square, Canary Wharf, London E14 5AB. Iban Wallet Corporation Ltd. 2019. All rights reserved.”

iban wallet website in October

Now what you can read is:

“© 2019 All rights reserved. By using our website you agree to the use of cookies in accordance with our privacy & cookies policy.”

iban wallet website in November


What are the reasons for such a change? I’m contacting iban wallet team for clarification.

iban Wallet: Low-Interest Rates Blog Post

iban Wallet addressed me an invitation to write as a guest writer in iban Wallet blog. The result of my second attempt was: “Low-Interest Rates: How Fintechs can help you navigate this environment and help you thrive“.

You can find the article here: Low-Interest Rates

Please feel free to let me know in the comments below your opinion.

iban Wallet Cashback & Bonus

You can sign up and invest through my referral link you can join the iban Wallet referral program and get €25 for every invitee that invests more than €1000.

Make sure to add the referral code – RCARLOS3EG8D – when creating your account!

Special Savings4Freedom Blog Bonus: during December and January, every reader who joins iban Wallet will get a 3% interest rate on their iban Wallet account for 6 months by adding €300 or more using the code XMAS3.

Note: this is a bonus which has a minimum deposit amount to be activated, this code needs to be inserted after the registration process, in the top up the account step. 

iban bonus @ Savings4Freedom

Check my initial review on iban Wallet and details on my account here.


Robocash

Robocash @ Savings4Freedom

I closed my Robocash account last September.

Robocash launches commercial loans
from Singapore

Loans will be issued for a period of up to 12 months and listed on the platform in EUR. Investors of Robocash may expect an annual return of up to 10%. However, until December 31, 2019, Robocash offers special conditions to investors. All loans from Robocash PTE. Ltd. purchased during this period will be available at 11%. Moreover, according to the Loyalty Programme, Robocash first 1,000 investors will receive the additional bonus of +0.3% for all loans purchased until January 31, 2020.

Robocash Cashback & Bonus

If you sign up and invest through my referral link, you will get a %1 bonus on all your investments in Robocash during the first 3 months.

Check my Robocash account here.


ViaInvest

ViaInvest @ Savings4Freedom

ViaInvest introduces Business Loans

The first loan of this type is issued by ViaInvest mother company VIA SMS Group with an aim to fund the development of student hall real estate project in Barcelona. This is a long-term investment opportunity with a chance to earn up to 12% annually (the interest rate is calculated according to a two-component compensation model with a guaranteed annual interest rate set to 8%).

ViaInvest Cashback & Bonus

If you sign up and invest through my referral link, you will get €10 bonus after your first investment of €50 in ViaInvest.

Check my ViaInvest account here.


Why in the future I will close my investment positions on these P2P Platforms?

PlatformLoan TypeAverage Annual Interest RateReason / Bonus & Cashback
BrickStarter Logo @ Savings4Freedom
Brickstarter
Real Estate~10%Low-interest rates for investment risk. No monthly repayment option or secondary market available. You are stuck until maturity.

In case you employ my referral link to invest in Brickstarter, add the Promo Code “BRICKS” to earn 15€ in cash bonus and 0,5% in cashback for your investments during the first 90 days
Housers Logo @ Savings4FreedomHousersReal Estate~7%Low-interest rates for investment risk. No monthly repayment option or secondary market available. You are stuck until maturity.

In case you employ my referral link to invest in Housers you earn 25€ in cash bonus 1 month after your first €50 investment. Add the promo code “PROMO AMIGO

Special October Cashback:
THE SPECIAL 50€ TELL A FRIEND PROMOTION IS BACK! instead of €25, you will get €50 if you create your account using the link above until 30.10.2019
Swaper Logo @ Savings4Freedom
Swaper
Consumer~12%Low-interest rates for investment risk. Lack of a stable source of loans over a long timeframe.

In case you employ my referral link to invest in Swaper you earn an extra 2% on all investments over the first 3 months (valid until 02.11.2019)
BitofProperty Logo @ Savings4Freedom
BitofProperty
Real Estate~7%Low-interest rates for investment risk. No monthly repayment option or secondary market available. You are stuck until maturity.

In case you employ my referral link to invest in BitofProperty you earn 10€ in cash bonus after your first investment
Lenndy logo @ Savings4Freedom
Lenndy
Consumer~12%Low-interest rates for investment risk. Significant delays in short-term loan repayment.

In case you employ my referral link to invest in Lenndy you earn 10€ in cash bonus after your first 100€ investment
EvoEstate Logo @ Savings4Freedom
EvoEstate
Real Estate~12%Great idea for beginner investors, but no significant value for more mature investors.

In case you employ my referral link to invest in EvoEstate you earn 15€ in cash bonus after your first investment
Finbee @ Savings4Freedom
FinBee
Consumer & Enterprise~22%Lack of investment protections. High defaults rate and hidden fees when selling loans.

No bonus for new investors, but you can create your account using my referral link and support the blog this way. Thank you!

Check my FinBee account here.
NeoFinance @ Savings4Freedom
NeoFinance
Consumer~20%Lack of investment protections. High defaults rate and incredible high hidden fees when selling loans. I truly don’t recommend inexperienced investors to choose this platform.

If you create an account and invest in NeoFinance using my referral link, you gain 25€ as a sign-up bonus.

Check my NeoFinance account here.
Monestro @ Savings4Freedom
Monestro
Consumer~20%Lack of investment protections. High defaults rate and hidden fees when selling loans.

No bonus for new investors, but you can create your account using my referral link and support the blog this way. Thank you!

Check my Monestro account here.
Crowdestate @ Savings4Freedom
Crowdestate
Enterprise & Real Estate~7%Recent delays in repayments. No buyback guarantee.

No bonus for new investors, but you can create your account using my referral link and support the blog this way. Thank you!

Check my Crowdestate account here.
BulkEstate @ Savings4Freedom
Bulkestate
Real Estate~11%No monthly repayment option or secondary market available. You are stuck until maturity.

No bonus for new investors, but you can create your account using my referral link and support the blog this way. Thank you!

Check my BulkEstate account here.
Ekassa @ Savings4Freedom
Ekassa
Consumer~12%Low-interest rates for investment risk. Significant delays in short-term loan repayment.

No bonus for new investors, but you can create your account using my referral link and support the blog this way. Thank you!

Check my Ekassa account here.
Peerberry @ Savings4Freedom
PeerBerry
Consumer~11%Low-interest rates for investment risk. Significant delays in short-term loan repayment.

No bonus for new investors, but you can create your account using my referral link and support the blog this way. Thank you!

PeerBerry’s Loyalty program:
Silver: From 10 000 Eur of active investment portfolio (earn +0,5% for future investments)
Gold: From 25 000 Eur of active investment portfolio (earn +0,75% for future investments)
Platinum: From 40 000 Eur of active investment portfolio (earn +1% for future investments)

Check my PeerBerry account here.
DoFinance @ Savings4Freedom
DoFinance
Consumer~9%Low-interest rates for investment risk. Strict rules regarding investment periods that generate huge opportunity cost if not considered. Lack of transparency regarding the actual duration of the investments made.

If you sign up and invest through my referral link, you enjoy VIP status offer which gives an extra 1% yield on all your investments in DoFinance during the first 3 months.

Check my DoFinance account here.
EstateGuru @ Savings4Freedom
EstateGuru
Real Estate~11%Lower interest rates. No monthly repayment option or secondary market available. You are stuck until maturity.

If you sign up and invest through my referral link, you will get gain 0.5% cashback on every investment made on EstateGuru over the initial 3 months through my referral link.

Check my EstateGuru account here.
ViaInvest @ Savings4Freedom
ViaInvest
Consumer & Enterprise~9%Low-interest rates for investment risk. Significant delays in short-term loan repayment.

If you sign up and invest through my referral link, you will get €10 bonus after your first investment of €50 in ViaInvest.

Check my ViaInvest account here.
Reinvest24 @ Savings4Freedom
ReInvest24
Real Estate(undefined)Lack of returns for a significant timeframe. Low-interest rates for investment risk. No liquidity on assets.

Special September cashback for all investors using my referral link, valid from 9/9/2019 until 23.9.2019

Cashback % levels:
0,5% Cashback from total of 100 – 999 EUR gross investments
1% Cashback from total of 1000 – 9999 EUR gross investments 
1,5% Cashback from total of 10000 – 19999 EUR gross investments
2% Cashback from total of 20000 – 29999 EUR gross investments
2,5% Cashback from total of 30000 – 39999 EUR gross investments
3% Cashback from total of 40000 – … EUR gross investments

Check my ReInvest24 account here.
Debitum @ Savings4Freedom
Debitum Network
Crypto & Enterprise~10%Low-interest rates for investment risk. Significant delays in short-term loan repayment.

If you sign up and invest through my referral link, you will get €10 bonus after your first investment of €250 in Debitum.

Check my Debitum account here.
Flender @ Savings4Freedom
Flender
Enterprise~9%Low-interest rates for investment risk.

You can create a Flender account using this link and gain 5% cashback in all your investments for the first 120 days.
Rendity @ Savings4Freedom
Rendity
Real Estate~7%Low-interest rates for investment risk. High value for each investment, starting at €500.

You can create a Rendity account using this link and gain €25 as a sign-up bonus.
Profitus @ Savings4Freedom
Profitus
Real Estate~10%Low-interest rates for investment risk.

No bonus for new investors, but you can create your account using my referral link and support the blog this way. Thank you!
CoinLoan @ Savings4Freedom
Coinloan
Crypto~11%Low-interest rates for investment risk. Speculative since associated to crypto-assets.

You can create a Coinloan account using this link and gain 1% in cashback during the first 90 days.
BitBond @ Savings4Freedom
Bitbond
Crypto~13%Low-interest rates for investment risk. Speculative since associated with crypto-assets.

No bonus for new investors, but you can create your account using my referral link and support the blog this way. Thank you!
PrepayWay Logo @ Savings4Freedom
PrepayWay
Crypto(undefined)Still waiting for the P2P lending platform release.

You can check these conditions and join the InBit token sale using this link.
Bondora @ Savings4Freedom
Bondora
Not transparent(undefined)Lack of transparency.

No bonus for new investors, but you can create your account using my referral link and support the blog this way. Thank you!

Check my Bondora account here.

Now you understand the reason why I need to focus my P2P investments on fewer platforms!

Other Assets on Portfolio

Coinbase

Coinbase Returns and Assets Value @ Savings4Freedom

If you sign up and invest through my referral link, you will get €9 bonus after your first investment of €90 in Coinbase.

Check my Coinbase account here.

BullionVault

BullionVault Assets @ Savings4Freedom

You can create a BullionVault account using this link.

Check my BullionVault account here.


S4F Next Steps

I will work on the investment plan for 2020 regarding P2P lending. As always, the goal is to keep the capital secure and maximize my potential returns!

This is all about November!

Thank you so much to all that are sharing opinions, comments, and suggestions with me over the email ([email protected]). I’m always looking for ways to improve the blog and my investment strategy.

If you enjoyed this post, please hit the like button below and/or share it with your friends. Thanks for the support!

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