Grupeer review and investment updates


Grupeer

 

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

 

My personal Grupeer review 2019

This is my seventh monthly update on my Grupeer review and P2P lending investment. I use an auto invest setup with a buyback guarantee. Let’s look into it 🙂

 

Below is my return on investment…

2018


My return on investment:
+4,25%

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

2019


Return on investment:

+2,37%

  • January: +1,21%
  • February: +1,16%


Expected return on investment:

+15,00%

Grupeer

My loans that are late

Loans that have defaulted since August 2018: 0% 🙂

2019JanFebMarApr
1-15 Days Late0%0%
16-30 Days Late0%0%
31-60 Days Late0%0%
60+ Days Late0%0%
Default0%0%
Bad Debt0%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 started my investment at Grupeer in August 2018, and I am very pleased with the platform so far. I have deposited money twice now and plan to invest even more.

No loan is delayed so it looks promising. 6 months in a row!

This month, I also received a very positive return of +1.16%

Grupeer has a really amazing success right now with many new investors. It will be exciting to follow in 2019. I think that this platform will grow a lot in the coming years. 

My investment at Grupeer is 5% of my investment portfolio

My personal Grupeer investment strategy

Transfer money to Grupeer

Transferwise


I transfer money to my Grupeer account through
Transferwise. You can see the fees upfront before conversion. They give you the best exchange rate (no markup or hidden fees).  The transfer was completed on the same day! Unbelievable.

You can also use your bank (SEPA transfer) but most banks charge fees for this service.

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. +5700 investors have joined the marketplace already.
  4. +16 loan originators are on the platform.
  5. All loans are pre-funded and with buyback guarantee
  6. +14% is the yearly average return to investors  


The platform is owned by the two founders
Viktor Kirchgaessner and Alla Kisik. 

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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2 Responses

  1. Carlos Mundo says:

    interesting

    • Peter Michael says:

      Hi Carlos
      Yes, it is… I am very pleased with the platform and have already planned to invest again next month.

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