PeerBerry Loan Portfolio Grew 177% YoY, Exceeding €85.43M at End of 2021

2021 was the year of considerable growth for PeerBerry, the company claims.

The platform has “almost tripled within the previous year.”

PeerBerry’s loan portfolio “grew 2,77 times or 177% exceeding EUR 85,43 million at the end of the year 2021.”

Last year, through the PeerBerry platform EUR 566,20 million of loans “were funded, 2,85 times or 185% more than a year earlier.”

Currently, the total amount of funded loans on PeerBerry “amounts to EUR 1,2 billion.”

In 2021, PeerBerry investors “earned EUR 6,35 million in interest, 2,6 times or 160% more than in 2020.”

In 2021, PeerBerry d.o.o. “earned a net profit of EUR 254 301 – almost twice more compared to the platform’s profit in 2020.”

It is important to note that PeerBerry’s only revenue “is a commission received from business partners.”

PeerBerry does “not charge any fees from its clients and has no other sources of income.”

In 2021, 19 376 new investors (on average, 1615 new investors per month) “have joined the PeerBerry platform, i.e., the PeerBerry investor community grew by 65% last year.”

Currently, PeerBerry “has more than 56 000 verified users.”

The share of loyal PeerBerry investors “grew significantly last year.” The average investment portfolio on PeerBerry “amounted to EUR 5340 at the end of the year 2021.”

PeerBerry invites you “to review PeerBerry Annual Report 2021 here.”

In another recent update, PeerBerry reveals they are pleased that more and more investors are “making a profit from investing in projects developed by PeerBerry’s real estate partners.”

PeerBerry’s business partner – real estate developer Lithome – has successfully “closed the residential building project ‘Didlaukio3’ in Vilnius, the capital of Lithuania.”

The real estate loan of EUR 1 million, plus an interest rate of EUR 84 682 (total amount of EUR 1 084 682) was “repaid to PeerBerry investors on June 8, 2022.”

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