Grupeer Review (2019)

My first investment on Grupeer was in Jan 2019. I observed the platform for close to a year and read a lot about other users’ experiences before signing up for a free account and investing my first 3000 EUR.

Quick facts

✅ Loans available at 14% interest

✅ All loans on the platform secured with Buyback guarantee

🔴 Auto-invest feature needs improvement (more see below under auto-invest)

If you decide to open a free account on Grupeer, it would be wonderful if you could use this referral link: receive a 0.5-1.25 % referral bonus for investments during the first six months, which supports this blog. There are no hidden costs or other disadvantages for you.

My Grupeer experience

Well, after very carefully setting up my auto-invest portfolio and pressing the Invest button, within a few minutes minutes 2750/3000 EUR were absorbed and invested in 55 development projects and business loans, each at 14% interest. Thats great – I thought. Off to an amazing start.

Well, being a curious investor, I checked what kind of development projects I invest it. And….surprise! Grupeer arbitrarily breaks their development projects into smaller loans – each between 9,000 and 40,000 EUR – and lists them separately. In my case, the auto-invest feature, invested in exactly 2 (!!!) development projects ( PROMENADA final stage & Minsk development project) . Not great from an investors point of view.

Monthly interest

Opening an account

The sign-up process was easy and straightforward. I received a phone call for verification purposes and my account was activated within a day. My initial transfer took 48h to show up in my account, which is longer than it takes other platforms, but still acceptable. (So don’t worry if you money doesn’t show up the next day!)

My Grupeer dashboard

The dashboard is well organized and allows users to download their investments as Excel spread sheet. The user interface reminds me of Mintos, very simple and easy to use.

The existence of Buyback guarantee for a particular loan means that in case the borrower delays the current payment for the loan for a period exceeding 60 calendar days, the credit company that issued this loan is obliged to immediately buy back both your share in the loan and the shares of the rest of the investors in the amount of outstanding principal of the claim and accrued, but not paid interest.

Buyback guarantee is stipulated in the agreements between the Platform and credit organizations.

My auto-invest portfolio

My entire Grupeer portfolio is automated using the auto-invest functionality. I usually check once a month if things are fine and adjust the auto-investment tool if necessary. Below are

Important: All loans bought through the auto-invest tool are covered by Grupeer’s buyback guarantee. 

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