I have almost no trust in any claim that is made by a P2P/P2B platform, and the same goes for any ratings they publish. So to have some fun, I've created my own ratings.
Latvian institutions have been promising regulation since 2015, have not seen any progress yet and I don't expect them to suddenly become very effective. There is some kind of project about this in EU level - but it might take some time as well - has to be coordinated with local laws etc., maybe things will move faster after recent and next events around scam platforms burning down together with investor money.
thank you for sharing the information on P2P platforms.
Have you ever considered FinBee? We offer private and business loans. We are actually one of a few platforms where institutional investors invest (Invega fund has allocated 4.5M Euros through "Avietė" program). We offer no buy-back guarantee, however the default rate of SME loans is 3.03% with the returns in double-digits.
I am not sure if the E rating is actually valid for Boldyield. Yes, they shutdown, but they paid investors back, including the welcome bonus and accrued interest, while the actual loan offerings were not completed. Ie they never received the interests from their loan takers.
BulkEstate also caught my eye. Deeper review of how their business model, and who get the most benefits (from the group buying perspective - Group seller or buyer) would also be an interesting topic to look at. :)
Yeah, I personally don't really believe in buying real estate 20% under the market price. Its either fast realization price, which is technically a market price given the short time frame, or the "market price" is overestimated. Note that their stated market price for a property is not calculated by a certified appraiser, but just opinion of real estate brokers.
Based on my experience, opinion. Don't have any analyst behind me, and there is no big math or science :) Will add other platforms next month, and might explain my thinking behind each rating in more detail.
So interesting. Could you rate Viainvest, Peerberry, Lendermarket, Grupeer and Crowdestor? Thanks
Yes, Please Peerberry,Grupeer and Crowdestor. Thank you!
Bondora Go&Grow - I wouldn't throw this in with the original Bondora platform?
Can you add a few more platforms? ViaInvest, Viventor, Swaper, Lenndy, Robocash, PeerBerry, Bondster, DoFinance, TWINO, Crowsestor, Grupeer, Iuvo...
Hi, do you expect a stronger regulation of P2P and P2B in the near future (national or even from eu)? What do you expect would be the consequences?
Keep on working like that! Your doing very well!
Latvian institutions have been promising regulation since 2015, have not seen any progress yet and I don't expect them to suddenly become very effective. There is some kind of project about this in EU level - but it might take some time as well - has to be coordinated with local laws etc., maybe things will move faster after recent and next events around scam platforms burning down together with investor money.
Kristaps,
thank you for sharing the information on P2P platforms.
Have you ever considered FinBee? We offer private and business loans. We are actually one of a few platforms where institutional investors invest (Invega fund has allocated 4.5M Euros through "Avietė" program). We offer no buy-back guarantee, however the default rate of SME loans is 3.03% with the returns in double-digits.
Hello, thank you for info. Was not on my list, but will check it at some point.
Cool,
We have recently moved to our own brand new platform and we would be happy to assist you with the first steps.
I am not sure if the E rating is actually valid for Boldyield. Yes, they shutdown, but they paid investors back, including the welcome bonus and accrued interest, while the actual loan offerings were not completed. Ie they never received the interests from their loan takers.
Yeah, kind of agree. Probably should split the ones that shut down AND caused losses and those that did not.
Can you do a review on Bulk Estate?
Thank you for suggestion! Will do more reviews and might include Bulk Estate as well.
BulkEstate also caught my eye. Deeper review of how their business model, and who get the most benefits (from the group buying perspective - Group seller or buyer) would also be an interesting topic to look at. :)
Yeah, I personally don't really believe in buying real estate 20% under the market price. Its either fast realization price, which is technically a market price given the short time frame, or the "market price" is overestimated. Note that their stated market price for a property is not calculated by a certified appraiser, but just opinion of real estate brokers.
Hi, base on what criteria did you do such as rating ?
what about the other p2p platforms , peerberry. viainvest ..
Cheers
Based on my experience, opinion. Don't have any analyst behind me, and there is no big math or science :) Will add other platforms next month, and might explain my thinking behind each rating in more detail.