This is the 2019 review and my experience investing with the P2P lending platform Grupeer. My first P2P lending investment on Grupeer was in January 2019. I followed and observed Grupeer for exactly one year before signing up for a free account and investing my first 3,000 EUR. Things have been going good so far and I have invested 12,000 EUR now. And I am planning to add more money in the coming weeks. My average return on Grupeer is above 12% p.a..
This Grupeer 2019 Review is 100% honest and truthful. I am not paid by Grupeer or anyone else for sharing my experience. My intention with this review is to document my journey and to inspire others to build passive income through P2P and ETF investments that run in the background without much work. At the end of this review, I am sharing my auto-invest settings and some important details on how to get started with Grupeer.
Quick facts about Grupeer
✅ Loans are available at 13 and 14% interest
✅ All loans are secured with Buyback guarantee
✅ Very high availability of loans
🔴 No secondary market. Investors can not sell their loans prematurely if need
🔴 Limited visual presentation and data available on the investment portfolio, especially in comparison to Mintos
Grupeer Review & My Experience
My Grupeer experience has been very positive so far. I am using the auto-invest feature and my average investment is 41.08 EUR/loan with an average interest rate of 13.20%. All loans have
The Grupeer interface is easy to use. This being said,
Grupeer Review & My experience: My monthly interest on Grupeer
My self-calculated interest rate on Grupeer ranges between 12% and 15% as you can see from the graphic below. I have invested a total of 12,000 EUR with Grupeer and my monthly interest payments are 120+ Euros, which is fantastic passive income.
What’s nice about Grupeer is that the platform offers a
Review: Investing in Grupeer Real Estate Loans (Grupeer Development Projects)
Something I like about Grupeer is that investors can not only invest in P2P
As part of my auto-invested portfolio, 33% of my investments are in Development Projects.
Review: Investing in Grupeer P2P loans
Similar to other platforms, Grupeer allows investors to invest in secured business loans issued by one of their 29 loan originators in 14 countries. Loans include Mortgage Loans, Car Loans, Business Loans, and Personal Loans. A BuyBack guarantee protects all loans which
About Grupeer: History
The Peer-to-peer (P2P) lending platform Grupeer was founded in 2016 in Riga, Latvia. Since its launch in 2016, the platform has grown rapidly and is now offering loans to more than 12.600 investors worth over 50 million euros.
My Grupeer dashboard
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 guarantees are stipulated in the agreements between the Platform and credit organizations.
My Grupeer auto-invest portfolio
Talking about my Grupeer review & experience, I have to say that my entire investment portfolio at Grupeer is automated. I am using Grupeer’s auto-invest functionality and usually check once a month if things are fine, as well as adjust the auto-investment tool if necessary. Below are my auto-invest settings. I selected all loan types, all countries, and all loan originators.
Important: All loans bought through the auto-invest tool are covered by Grupeer’s buyback guarantee.
How to get started with Grupeer
Signing up for a free account with Grupeer is easy and straightforward. After I entered my information on the registration page, I received a phone call for verification purposes and my account was activated within a day. My initial transfer (SEPA bank transfer) took about 48h to show up in my account, which is longer than it takes other platforms, but still acceptable.
Once the funds were in my account, I created my auto-invest portfolio. Once I had set
I log into my account once a month – but that’s purely for information purposes. Once set up, Grupeer does not require any regular maintenance, which is great for passive income.
Conclusion Grupeer Review & Next steps
This concludes my Grupeer review and sharing of my experience investing with Grupeer. I very much enjoy Grupeer and I am planning to add more funds over the coming months. I can recommend that platform for investors who already have an account with Mintos and are looking for ways to further diversify their investments.
What about you? Have you signed up for an account yet? What are your experiences?