It’s time for my first income report! I’m going to show you exactly how much money I have invested in P2P lending platforms and how much income they generated for me during the month of November. 

Let’s get to it! 

November 2018 Overview

Platform Income IRR Invested Value
Bondora G&G 10,82€ 6,68% 1.954€ 2.018€
Envestio 50,78€ 16,59% 3.450€ 3.518€
Grupeer 5,52€ 10,97% 500€ 509€
Iuvo Group 27,06€ 32,52% 2.500€ 2.640€
Mintos 14,11€ 10,42% 1.500€ 1.525€
Total 113,45€ 15,66% 9.904€ 10.210€

Taking a closer look at my returns

My income from my investments in crowdlending for November was 113,45€. Not bad for only having invested 9.904€ in total recently. That means I reached 7,56% of my first goal (1.500€ monthly income from investments).

Note: Nov 1 includes the 90€ Iuvo Group Bonus

Bondora

I’m still exclusively using Bondora’s Go & Grow product. 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. You can check out my recent review here.

I use it to get some interest on money I don’t need right away but in the near future (eg. 1-2 months). It’s running as expected, there is not much else to say here. 

I parked an extra 7.000€ on Go&Grow for most of September, which explains the Oct 1 income spike

Envestio

I’m loving Envestio so far, as they offer some of the highest interest rates in the P2P lending space (17-22% p.a.) and a buyback guarantee. That’s why I deposited an extra 1.150€ in November, increasing my total investment to 3.450€.

So far, interest was always paid on time. I hope it stays that way! Stay tuned for my review as well!

By the way, 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

With only 500€, Grupeer is my smallest crowdlending investment right now. That’s partly because there weren’t many loans available when I started investing with them and I didn’t want my money sitting in the account generating no interest.

Since the beginning of December, the situation seems to be improving. That’s why I’m planning to increase my investment on the platform in the coming days, as my investments here are running well. I do like the interest rates offered (13-15%) with a buyback guarantee. I will post my Grupeer review soon!

Iuvo Group

If you read my recent review, you probably already know how satisfied I am with my investment there. November has been no exception.

Iuvo Group has been running very well for me, which is why I’m planning to add an extra 1.000€ to my account in December. These are the main reasons why they are my second biggest investment (after Envestio) with 2.500€ invested:

  • Up to 15% interest per year with a buyback guarantee
  • 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.
Note: Oct 8 shows the 90€ bonus I received on my 2.500€ investment

Mintos

And last but not least, Mintos. I like that they offer a huge number of loans with a buyback guarantee, issued by many different loan originators from all over the world. That way you’re able to diversify your investment risk pretty widely within a single P2P lending platform. 

What I don’t like that much is the comparatively low interest rate of most loan listings on the Mintos marketplace right now, compared to the other platforms I’m using. That’s why I haven’t increased my initial investment of 1.500€ yet.

That might change if other platforms run out of available loans. In that case, I would rather have my money invested even at a lower interest rate of 10-12%, rather than doing nothing. 

Still, my money on Mintos is generating some extra income every month, so I can’t really complain. 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. From now on, I will be posting a fresh income report at the start of each month and sharing my progress towards financial independence with you! 

Is there any platform I’m not invested in that you’re really satisfied with? Please let me know in the comments!

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