First of all, happy new year everyone!

Another month has passed, so it’s time for a fresh P2P income report for the month of December 2018! Once again, I’ll be showing you exactly how much money I have invested on each peer to peer lending platform and my returns for the month.

Let’s get started!

December 2018

Platform Income IRR Invested Value
Bondora G&G 11,24€ 6,69% 1.954€ 2.030€
Envestio 66,17€ 18,96% 3.920€ 4.054€
Grupeer 5,53€ 9,57% 1.000€ 1.014€
Iuvo Group 33,27€ 23,41% 3.500€ 3.673€
Mintos 16,25€ 11,38% 1.500€ 1.541€
Total 132,46€ 15,16% 11.874€ 12.313€

Taking a closer look at my returns

My income from my investments in crowdlending for December was 132,46€ (+19,01€ more than last month). That’s a 16,76% cashflow increase compared to November! That means I reached 8,83% (+1,27%) of my first goal (1.500€ monthly income from investments).

Bondora

I’m still exclusively using Bondora’s Go & Grow product. As I mentioned in my review, Go & Grow delivers ‘only’ around 6,75% interest, but offers instant liquidity, meaning that you can get all of your funds back at any time – which I find very convenient.

I mostly use it to get some interest on money I don’t need right away but that I might need in the near future (eg. 1-2 months). It’s running as expected and generated 11,24€ in interest last month.

Envestio

Envestio offers some of the highest interest rates in the P2P lending space (16-22% p.a.) with a buyback guarantee. That’s why I deposited an extra 470€ in December, increasing my total investment to 3.920€.

So far, interest was always paid on time. I hope it stays that way! 

Sadly, I did notice a shortage of available loans recently, but so far I still manage to fully reinvest the interest I receive within a couple of days.

My income from Envestio keeps climbing. I received 66,17€ (+15,39€ compared to last month) in interest in December.

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 here.

including Bonuses

Grupeer

I deposited an extra 500€ to my Grupeer account on December 11th, as loan availability significantly improved compared to 1-2 months ago. 

The only thing I’m not too happy about is the fact that most of the loan deals are for a single project (Promenada) and from the same loan originator (Primo Invest SIA), making it very hard to diversify on the platform. Other than that, I do like the interest rates offered (13-15%) and the buyback guarantee.

Iuvo Group

If you read my review, you probably already know how happy I am with my investment there. December has been no exception, as I received 33,27€ (+6,21€ compared to November) in interest.

As planned, I added an extra 1.000€ to my account on December 7th. As I mentioned in my last income report, here are the main reasons why they are my second biggest investment (after Envestio) with 3.500€ invested:

  • Up to 15% interest per year with a buyback guarantee and no shortage of available loans
  • 30-90€ Bonus on your first investment (of 1.000-2.500€) through their refer-a-friend program, which is an instant 3-3,6% cashback on your money. Here is how.

Mintos

And last but not least, Mintos. Mintos offers a huge number of loans with a buyback guarantee, issued by many different loan originators from all over the world (and different currencies if you like that – I stick to EUR loans). That way you’re able to diversify your investment risk very widely within a single P2P lending platform. 

Interest rates have slowly started to climb above 12% again, which I like to see. As a result, I’m planning to increase my investment on the platform this month.

If you want to give Mintos a try, you can get a 1% bonus on your investment by signing up via my link

See you next month!

That’s it from me. I hope you enjoyed reading my P2P income report for December! I’ll be posting more reviews soon. I’m also planning to test out FastInvest this month – stay tuned!

Is there any platform I’m not invested in that you really like? I’d love to know in the comments!

3 Comments

  1. Hi Luigi, just came through your site. I recently began documenting my financial journey too. It’s nice to see and follow other people with similar goals! Couldn’t find your subscribe button?

    • Luigi Reply

      Hey Tony,
      just saw your site – great work, I’ll be following your journey as well!

      I just added one, but I see you already found a way to subscribe anyway 🙂

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