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 Overview

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).

P2P Lending Income December 2018

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.

P2P Lending Income December 2018

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.

P2P Lending Income December 2018

P2P Lending Income December 2018
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.

P2P Lending Income December 2018

P2P Lending Income December 2018

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.

P2P Lending Income December 2018

P2P Lending Income December 2018

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

P2P Lending Income December 2018

P2P Lending Income December 2018

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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