Mintos recently launched Invest & Access as a new, simplified way to invest on the platform and to cash out more easily. I can’t help but think that they were at least partly inspired by Bondora Go & Grow, which I’ve been using since September of last year.
I’m going to compare the two peer to peer platforms and test out which one is better for short-term investments in P2P lending.
To find out, I invested 1.000€ on both Mintos Invest & Access and Bondora Go & Grow on June 12th. Over the coming weeks and months, I’ll review which one offers the better experience, higher returns and how much money we can withdraw at different points in time.
Update (August 22nd): 10-Week Update added!
Before we get started, I would like to point out that my Crowdestor review is unbiased and only based on my personal experience investing on the platform for the past 4 months.
As usual, I am going to be fully transparent about the amount I invested, my returns and the cashflow my investment is currently generating every month.
The hottest June in history and the first ever P2P Conference has passed, which means it’s time for a new P2P lending income update!
I’ll show you my numbers for the month of June 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 into it!
Last Thursday, a day before the P2P Conference, Grupeer was so kind to invite me to their new office in Riga, Latvia. I was excited to be able to get a closer look at the company and to talk to Vladislavs Filimonovs (Grupeer COO) and Alla Kisika (Co-Owner) in person.
I was there with three friends (the German bloggers Florian, Vincent and Sebastian). I believe we did a pretty good job asking them critical questions, hopefully they include some that you also wanted to have answered.
Updated (June 17th): I finally managed to write down most of the questions & answers from the interview and added time-stamps for easier navigation.