Alternative Investment Platform PeerBerry Reports 16% Increase in Funded Loans Volumes during May 2022

After “very positive” growth in April, in May, the volumes of funded loans on PeerBerry further “grew by 16%.”

EUR 38,48 million of loans have been funded on PeerBerry last month. PeerBerry is a marketplace platform where investors can participate in short term, high interest rate loans.

1,124 new investors joined PeerBerry in May, which “shows that investor mood is back to pre-war levels.”

Key figures at the end of May 2022 (vs April 2022):

  • PeerBerry’s total portfolio at the end of May: EUR 89 446 556 (+1% ↑)
  • total loans funded (cumulative since inception): EUR 1 184 637 362 (+3,5% ↑)
  • the loan volume funded in May: EUR 38 457 743 (+16% ↑)
  • the interest earned by investors since inception: EUR 13 438 681 (+4% ↑)
  • the interest paid to investors in May: EUR 491 855
  • the average annual ROI in May: 12.77% (without loyalty interest)
  • the number of investors at the end of May: 55 665 (+1 124 ↑)
  • The total PeerBerry’s portfolio at the end of May amounted to EUR 89,45 million.

Information on repayments of war-affected loans:

In May, PeerBerry “repaid about EUR 3 million of war-affected loans.”

Since the war started, PeerBerry business partners have already “repaid EUR 15,98 million of war-affected loans, or 32% of the total war-affected obligations towards PeerBerry investors.”

You can see “the progress of repayments of war-affected loans (the total repaid amount, the amount of remaining war-affected obligations, and repayments by separate lenders or groups), on [their] ‘Statistics’ page on [their] website.”

If you have questions regarding your investments in war-affected loans or if you need our assistance to help you to understand what amount of war-affected loans you have received after partial repayments, then PeerBerry kindly invite you to contact their Client Support team.

Partial repayments of war-affected loans “are being implemented every month until war-affected loans are repaid in full.”

In another update, dated May 31, 2022, PeerBerry business partners confirmed that they are “repaying EUR 1,35 million of war-affected Ukrainian and Russian loans.”

EUR 1,2 million will be “repaid to investors to cover war-affected short-term obligations.”

EUR 150 000 is “dedicated to repaying a part of Ukrainian real estate and business loans.”

After today’s repayment, the total repaid amount of war-affected loans (since the war started) “is EUR 15,98 million, which is 32% of the total war-affected obligations towards PeerBerry investors.”

After today’s repayments, Aventus Group in Ukraine obligations towards investors “amount to EUR 10 million, in Russia – EUR 16,36 million.”

Gofingo Group in Ukraine obligations towards PeerBerry investors “amount to EUR 8,07 million.”

Ukrainian and Russian lenders’ total obligations towards PeerBerry investors before the war “was EUR 50,22 million.”

For more details on this update, check here.

Sponsored Links by DQ Promote



Send this to a friend