Grupeer review and my investment updates


Grupeer

 

  • 100% buyback guarantee
  • 14-15% in return
  • Positive reputation

 

My personal Grupeer review 2019

I update frequently about Grupeer to make sure the content is up to date.

I use an auto invest setup with a buyback guarantee.

Let’s look into it 🙂

grupeer review

Below is my return on investment…

2018


Return on investment:
+4,25%

  • August: Started investing
  • September: +0,69% (transfer costs deducted)
  • October: +1,23%
  • November: +1,04%
  • December: +1,29%

2019


Expected return on investment:
+15,00%

  • January: +1,21%
  • February: +1,16%
  • March: +1,24%
  • April: +1,15%
  • May: +1,13%
  • June: +1,07%
  • July: +1,30%
  • August: +1,30%

See the latest returns in my investment portfolio update
(opens in new window)

Grupeer

My loans that are late

Loans that have defaulted since August 2018: 0% 🙂

2019MayJunJulAug
1-15 Days Late0%0%0%0%
16-30 Days Late0%0%0%0%
31-60 Days Late0%0%0%0%
60+ Days Late0%0%0%0%
Default0%0%0%0%
Bad Debt0%0%0%0%

2019JanFebMarApr
1-15 Days Late0%0%0%0%
16-30 Days Late0%0%0%0%
31-60 Days Late0%0%0%0%
60+ Days Late0%0%0%0%
Default0%0%0%0%
Bad Debt0%0%0%0%

2018SepOctNovDec
1-15 Days Late0%0%0%0%
16-30 Days Late0%0%0%0%
31-60 Days Late0%0%0%0%
60+ Days Late0%0%0%0%
Default0%0%0%0%
Bad Debt0%0%0%0%

Comments on the progress


I update monthly about Grupeer in my investment portfolio update
(opens in new window)

 

My personal Grupeer investment strategy

Transfer money to Grupeer

Transferwise


Before I transferred money to my Grupeer account through
TransferwiseThey give you the best exchange rate (no markup or hidden fees).  The transfer was completed on the same day!

Unfortunately, Grupeer has chosen to stop this option and therefore you can only make regular bank transfers (SEPA transfer).

 

My auto invest setup

Inside the Grupeer platform, I have one auto invest strategy (They only offer one setup).

In general, I always use an auto invest setup with a buyback guarantee. 
The entire platform has a buy-back guarantee which is very good.

 

  • Loan type: All
  • Maximum investment in one loan: € 50.00
  • Currency: € (EUR)
  • From 13% annually
  • Remaining loan term (months): 1 – 36
  • Reinvest: Yes
  • Strategy Auto-invest unlimited: Yes
  • Remaining principal amount: All (Not possible to change)
  • Loan status: Current (Not possible to change)
  • Buyback Guarantee: Yes (Not possible to change)
  • Repayment type: Non-amortized and amortized
  • Country: 49 (Albania, Australia, Austria, Belgium, Bulgaria, Canada, China, Colombia, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Georgia, Germany, Greece, Hong Kong, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta,  Netherlands,   New Zealand, Norway, Poland, Portugal, Qatar, Romania, Russian Federation, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Ukraine, United Arab Emirates, United Kingdom)


The opportunities in their auto invest are limited but sufficient enough that I will use this to save time.

 

6 facts about Grupeer

  1. The platform went online in February 2017.
  2. The company is located in Latvia, Europe.
  3. +13428 investors have joined the marketplace already.
  4. +29 loan originators are on the platform.
  5. All loans are pre-funded and with buyback guarantee
  6. +13,44% is the yearly average return to investors  


The platform is 100% owned by the founder Alla Kisik
. She started together with Viktor Kirchgaessner but bought all his shares in the company.

They started in October 2016 and the company has +13 employees already. 

The platform has a very minimalist design and easy to understand interface.


Overview of the platform:

The sign-up process

When you sign up you need to provide basic information about yourself.

They also need a picture of your personal identification document such as your passport. They don’t approve driving licenses as ID.


To use the platform you must be 18 years old and they only accept money transfers from bank accounts from Europe (also Norway, Iceland, Liechtenstein or Switzerland).

 

The P2P lending investment

The interest rate offered is approx +14%.

The platform has mostly development and business loans (usually between 6-12 months).

You must invest a minimum of EUR 10 in one loan. When the money is in the account you can start invest immediately.  


All loans have a buyback guarantee in case of borrower’s payments is delayed for more than 60 days.
(If the lender can’t pay, the loan company repurchases the debt).

No risk rating is available, but they provide great information and pictures about the borrower or the investment project. 


The availability of loans is fine but with rising investors, they should have more available loans
. That’s also why I invest EUR 50 in each loan instead of for example 10-20 EUR. About 40 loans were available when I looked around last time. My investment is reinvested immediately the same day. 

There is no secondary market yet but they started to develop this feature.

Grupeer sends no information to any Tax Agency or deducts taxes. You must do it yourself in your country.

Grupeer on social media

That’s it. 
I hope you liked my Grupeer review update this month. Remember you sign up for my newsletter below and get a monthly update.

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Peter Michael

I'm an investor and the blogger behind MyInvestment.Blog. I write about investment, financial independence, and personal development. I try to combine the topics and show my journey towards financial freedom.

4 Responses

  1. Carlos Mundo says:

    interesting

  2. marko says:

    How come these borrowers pay such high interest rates. Banks are half cheaper.

    • Peter Michael says:

      Hi Marko,

      I believe there are many reasons for someone to borrow. It’s also affected by geographical differences.

      Grupeer works especially with development projects (business loans) and it may be difficult to borrow from the banks in specific areas or projects.
      I focus more on the investment opportunity and if there is a good risk-reward ratio for me.

      Thanks for the question!

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