With April behind us, it’s time for a new P2P lending income update! Sorry for the delay, I’ve been quite busy lately.

I’ll show you my numbers for the month of April 2019. As usual, you’ll see exactly how much money I have invested on each peer to peer lending platform, my deposits & withdrawals and of course, my crowdlending returns for the month.

Let’s get started!

April 2019 Overview

Platform Income IRR Invested Value
Bondora G&G 3,49€ 6,57% 552€ 647€
Envestio 76,27€ 22,82% 3.920€ 4.362€
Grupeer 22,52€ 14,79% 1.500€ 1.571€
Iuvo Group 38,36€ 16,76% 3.500€ 3.825€
Mintos 33,81€ 11,64% 3.475€ 3.627€
FastInvest 3,05€ 14,58% 250€ 260€
Crowdestor 1,99€ 5,31% 500€ 502€
Total 179,49€ 15,70% 13.697€ 14.794€

Taking a closer look at my returns

My income from my investments in crowdlending for April was a whopping 179,49€ (+23,76€), a new record! That means I reached 11,97% (+1,59%) of my first goal (1.500€ monthly passive income from investments). My internal rate of return since I started my peer to peer journey also increased and is currently 15,70%.

In addition, I also received 171,23€ in dividends from my Xtrackers MSCI World ETF last month, which was a nice bonus. Sadly that only happens once a year and this update is supposed to be all about P2P lending, so I’ll try to stick to that!

Bondora

In case you’re new on my blog, when it comes to Bondora, I only use Go & Grow. It has a lower interest rate of up to 6,75% per year but offers me instant liquidity, so that I can withdraw my money at any time, without needing to wait or sell my investments on the secondary market. Most of the time I use the account to get some interest on money I need again within a couple of months, not for long term investing. 

I received 3,49€ in income from Go & Grow last month. If you’re interested, you can get a 5€ Bonus when you sign up via my link.

I parked an extra 7.000€ on Go & Grow for most of September last year, which explains the income spike

Envestio

After a slightly weaker month in March, it looks like Envestio is back! My income from the platform increased to 76,27€ (+7,56€) last month. 

In April, Envestio published 6 new loans with an interest rate between 16%-18,95% per year. For me that meant that I was able to fully reinvest the interest and principal payments I received within a few days.

Since loans are funded quickly, make sure you check your emails on a regular basis, so that you can take advantage of new loan opportunities as soon as Envestio sends out an email about them.

Envestio is still my biggest crowdlending investment and my number one performer, with an internal rate of return of 22,82% (+0,22%) since I started investing in October 2018. Until now, interest as well as principal was always paid back on time, so I certainly can’t complain about these returns! Feel free to check out my review, if you haven’t already.

You can get a 5 Euro Bonus on your first deposit (100€ or more) + 0,5% cashback on all your investments during the first 270 days if you sign up via my link.

Grupeer

I made another 500€ deposit to my Grupeer account on April 19th and increased my investment to 1.500€. I’m planning to add more money to my account in May.

My income from Grupeer jumped to 22,52€ (+10,61€) in April. My IRR on the platform increased to 14,79% (+2,2%), also thanks to the 1% “Warm Grupeer Welcome” cashback I received on some newly issued loans. 

Once again there was no shortage of high interest paying loans last month and I’m very happy with how my investment here has been performing. If you want to read more about my Grupeer experience so far, check out my review I published a couple of days ago.

Iuvo Group

Iuvo Group remained my second biggest investment in P2P lending and passively generated 38,36€ (+0,28€) in interest last month, which I am once again very satisfied with.

Note: Oct 8 shows the 90€ refer-a-friend bonus

If you want to learn more about the platform, including how you can also get a 30-90€ Bonus on your investment, make sure you check out my written review or my video, in which I also review the loan originators.

Mintos

My income from Mintos is still rising and reached a new record in April! I received 33,81€ (+3,46€) in interest payments last month. My IRR also grew further, to 11,64% (+0,55%). 

In addition, I just invested 500€ more on Mintos on the 1st of May, increasing my total investment to 3.475€. That should lead to further cashflow growth in the coming months.

Here are some of the reasons why I increased my investment on the platform and why I’m planning to add more of my money in the near future:

  • Mintos is one of the largest, most respected P2P platforms worldwide, with over 2,2 billion Euros invested so far.
  • They offer an enormous number of loans with a buyback guarantee, issued by many different loan originators from all over the world. As a result, you’re able to diversify your crowdlending investment very widely within a single platform.
  • The interest rates on Mintos have been increasing lately and I’m now able to find buyback loans that pay 14%-15,1% interest on a regular basis. 

If you want to check out Mintos for yourself, you can get a 1% bonus on your investment by signing up via my link.  

FastInvest

My 250€ experiment on FastInvest is going as expected. I received 3,05€ in interest last month.

Still, my IRR of currently 14,58% is likely going to decrease over the coming months, as the highest available interest rate has dropped to 13% (and even those loans aren’t always available).

The decrease in interest rates as well as the lack of transparency on FastInvest regarding the loan originators means that I might even decide to move that money somewhere else in the coming months, even if it’s only to simplify my portfolio. We’ll see!

Crowdestor

As I shortly mentioned last month, I invested 500€ on Crowdestor in the beginning of April. So far, I made 1,99€ in interest, but that number will increase as soon as I receive regular monthly payments from all of my loans.

Crowdestor is my only P2P investment without a typical buyback guarantee, but they do offer a buyback fund that’s supposed to serve a similar purpose like a buyback guarantee in case a loan defaults.

I really like Crowdestor‘s transparency, as you can even see the amount that’s currently in the buyback fund as well as a lot more details about each loan. Some of the current projects are very promising, which is why I’m planning to increase my investment here in the coming months. 

The Crowdestor projects I invested in so far

Anything else?

As I mentioned, my wife and I will be attending the P2P Conference in Riga! Since we’ve never been in Riga, we’re not only excited for the conference but will also check out the beautiful city during our visit in June.

Please let me know if you’re coming as well, maybe we can meet in person! If you’re buying a ticket, it seems like the discount code P2PEARLYBIRD40 still works for 40% off the price, but as far as I heard the promo tickets are limited. So no promises that it still works when you read this, but it can’t hurt to try!

See you next month!

That’s it from me! I hope you also had a great, successful month of April and enjoyed reading my latest income report. Do you have experience with any of the platforms I’m invested in? I’d love to hear about it in the comments!

Video of the article

Leave a Comment