Mintos recently launched Invest & Access as a new, simplified way to invest on the platform and to cash out more easily. I can’t help but think that they were at least partly inspired by Bondora Go & Grow, which I’ve been using since September of last year.
I’m going to compare the two peer to peer platforms and test out which one is better for short-term investments in P2P lending.
To find out, I invested 1.000€ on both Mintos Invest & Access and Bondora Go & Grow on June 12th. Over the coming weeks and months, I’ll review which one offers the better experience, higher returns and how much money we can withdraw at different points in time.
Update (August 22nd): 10-Week Update added!
Once again, it’s time for my latest P2P lending income update! We’ve been traveling a lot recently, so please excuse me for being a bit late.
Here are my numbers for the month of July 2019. As usual, you’ll see exactly how much money I have invested on each peer to peer lending platform, my deposits and my crowdlending returns for the month.
Before we get started, I would like to point out that my Crowdestor review is unbiased and only based on my personal experience investing on the platform for the past 4 months.
As usual, I am going to be fully transparent about the amount I invested, my returns and the cashflow my investment is currently generating every month.
About a week ago I had the pleasure of interviewing my friend Bernhard Hummel, an investor and entrepreneur from Austria. He currently has over 150.000€ invested in Peer to Peer Lending, generating over 1.500 Euros monthly passive income.
As a result of his investments in P2P lending and equities, he would already be able to stop working and live purely off his passive income in his thirties, if he wanted to.
It’s not often you get to talk to someone with this much skin-in-the-game and experience with P2P lending and the stock market.
I hope you’ll enjoy the interview as much as I did!