With October behind us, it’s time for my latest P2P lending income update!

As usual, I am going to show you exactly how much I invested on each peer to peer lending platform, my deposits and withdrawals, as well as my returns for the month.

P2P Lending Income – October 2019 Overview

Platform Income IRR Invested Value
Envestio 67,32€ 22,33% 3.029€ 3.895€
Iuvo Group 29,75€ 14,75% 2.850€ 3.369€
Mintos 91,80€ 12,98% 7.505€ 8.071€
Mintos I&A 7,82€ 10,16% 1.000€ 1.038€
Bondora G&G 5,68€ 6,61% 900€ 1.026€
Grupeer 31,03€ 13,80% 2.825€ 3.048€
Crowdestor 40,06€ 12,12% 3.900€ 4.027€
Monethera 19,43€ 28,90% 1.250€ 1.295€
Wisefund 22,24€ 24,82% 1.250€ 1.292€
Swaper 0,89€ 0,72%* 1.500€ 1.501€
Viainvest 3,09€ 3,18%* 1.500€ 1.503€
Total 319,11€ 15,08% 27.509€ 30.065€

*recently added

Taking a closer look at my P2P returns

Monthly P2P Income October 2019

My monthly income from P2P lending is still on the way up! I reached a new passive income record of 319,11€ (+36,72€) in October.

As a result, I reached 21,3% (+2,5%) of my first goal, 1.500€ monthly passive income from investments.

Let’s take a look at how each crowdlending platform performed last month.

Envestio

Envestio returns october 2019

My Envestio income increased a bit, to 67,32€ (+0,31€) last month. 

On October 18th, I got a bit impatient waiting for new projects, so I withdrew 490,97€, which I then split between the available projects on Monethera and Wisefund.

Envestio deposits withdrawals october 2019

As luck would have it, Envestio published several loans with interest rates up to 20% just a couple of days later and ultimately ended up publishing 6 projects in total by the end of the month.

Either way, now I’m fully invested again. Hopefully they’re able to better spread out their projects over the course of November.

envestio october 2019

Iuvo Group

iuvo group returns october 2019
Note: Oct. 2018 shows the 90€ refer-a-friend bonus

I earned 29,75€ (+0,53€) in interest on Iuvo Group last month.

The AutoInvest keeps reliably reinvesting my funds into loans with 13-15% interest per year, without me needing to spend any time on my investment, which I appreciate.

iuvo group october 2019

Mintos

mintos returns october 2019

Surprisingly, even though the available interest rates on Mintos have been decreasing over the past couple of months, my income from the platform reached another record high of 91,8€ (+8,07€) in October! 

My IRR on Mintos slightly increased and is now sitting at a respectable 12,98% (+0,23%).

mintos october 2019

It seems as though the tides are slowly turning as far as interest rates on Mintos are concerned.

I noticed more loans being offered at 11%-12% interest over the past couple of days, which is a couple of percentage points higher than just a couple of weeks ago.

Mintos Invest & Access

mintos invest access returns october 2019

I earned 7,82€ (-3,02€) in interest on Mintos Invest & Access last month, likely because the average interest rate in my Invest & Access portfolio is now around 2% lower than it was back in June.

My IRR on Invest & Access also decreased as a result, to 10,16% (-0,24%).

mintos invest access october 2019

If you’re curious about why I opened an Invest & Access account in the first place:

Bondora Go & Grow

bondora go grow returns october 2019
Note: I invested and withdrew an extra 7.000€ on Go & Grow during Sept. 2018, if you’re wondering about the higher income

I received 5,68€ (+0,22€) in interest on Bondora Go & Grow last month.

Bondora Go & Grow is still my favorite platform for short-term investments in P2P lending, because I’m able to withdraw the full amount of my deposit, including interest if I want to (-1€ flat withdrawal fee). 

bondora go grow october 2019
On Go & Grow I can withdraw 1.024,74€ right away

Grupeer

grupeer returns october 2019

My Grupeer income climbed to 31,03€ (+1,14€) last month. 

The Grupeer team also kept its promise and published the company’s financial statement for 2018.

As expected and as they mentioned in recent interviews, Grupeer isn’t profitable yet. Nonetheless, I think this is a step in the right direction as far as transparency is concerned. 

Grupeer also published its own set of ratings for loan originators on the platform, ranging from A (Finsputnik Platforma) to E (Monify), which I found quite interesting. 

grupeer october 2019

Grupeer is currently running a Cashback campaign:

  • All new investors that sign up to Grupeer via my link and invest at least 100€, receive 1% Cashback on all investments until the 17th of November 2019.

Crowdestor

crowdestor returns october 2019
Paid interest: Interest payments I received on a monthly basis; Accrued interest: Includes outstanding interest that I should receive at a later date

I received 40,06€ (+12,92€) in interest on Crowdestor in October.

crowdestor october 2019

Monethera

monethera returns october 2019

I received 19,43€ (+5,43€) in interest on Monethera last month.

Monethera is doing a good job adding new, high-interest projects on a regular basis. All payments arrived on time so far.

monethera deposits october 2019

As a result, I added 250€ to my Monethera account on October 21st.

monethera october 2019

Not only that, I’m happy to share that my first loan, Transportation of lumber with an interest rate of 21,1% per year, has been fully repaid:

Monethera repaid loan

Wisefund

wisefund returns october 2019

I received 22,24€ (+7,14€) in income on Wisefund in October.

Like Monethera, Wisefund offers short-term business loans with high interest rates and a buyback guarantee.

wisefund october 2019

I added an additional 250€ to my Wisefund account on October 19th.

While Wisefund is still a young platform that has to prove itself in the long run, all interest payments arrived on time so far.

I’m expecting my first full loan repayment on November 8th, I’ll keep you updated!

wisefund loan repayment november 2019

Swaper

Swaper October 2019

Like I mentioned in my previous monthly update, I recently added Swaper to my P2P portfolio. 

After making my first deposit of 1.000€ on October 2nd, I added an extra 500€ to my account on October 11th.

Since I just added Swaper, I only earned 0,89€ in interest so far.

I wrote a separate article detailing all the reasons why I added Swaper to my portfolio, which you can find here.

Viainvest

Viainvest

I also made my first 1.500€ investment on Viainvest on October 11th.

Among other things, I was intrigued by the company’s transparency, its profitability over several years and some of the loans that are offered on the platform, which are hard to find anywhere else (eg. Swedish loans at 11% interest and a buyback guarantee).

viainvest october 2019

I received 3,09€ in interest on Viainvest last month.

I love that I’m able to see accumulated interest (interest that hasn’t been paid out yet) in addition to paid interest on Viainvest. I wish all platforms had that feature!

That’s all!

That’s it for my latest monthly update! I hope you enjoyed reading it and had a beautiful month as well.

You might find this useful as well:

Video of the article

4 Comments

  1. Congrats on the new record!
    Recently fellow FIRE pursuers have convinced me that I should diversify and invest in less risk options like index funds …
    Wanted to know if you would recommend that and have any experience with those, and if yes which platforms do you use to invest

    • thank you Elmar!
      I think ETFs are a good way to diversify, you just have to get used to the volatility as the market can go up and down – something you don’t notice as much with P2P lending.

      Yes, I’ve been investing into ETFs way before P2P, and it’s something I’m planning to talk about on the website/channel as well.

      We’re currently around 60:40 ETFs (Vanguard FTSE All-World) and P2P lending.

      We use a local broker for tax reasons, but otherwise I think Degiro would be a good and inexpensive option to buy ETFs.

  2. Hi Angelo,
    is cashback included in your xirr of wisefund and monethera?

    • Hi nukin,
      yes, but I only include it in my calculations if it’s (still) available to everyone when they sign up.

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