Investment Platform PeerBerry Reports €38.73M of War-affected Loans Being Repaid to Investors

PeerBerry business partners are repaying €1.8 million of war-affected loans.

Under the Group guarantee mechanism in 15 months of the war, PeerBerry business partners have already “repaid €38.73 million, or 77.12% of the total war-affected obligations towards PeerBerry investors.”

As noted in a blog post, AutoMoney UA and Slon Credit UA long-term loans are being repaid “under the initial loan schedule.” The last payments of these loans “are being repaid with the accrued interest.”

Also, note that “a part of war-affected loans is repaid in full already – information about such loans you can find in your account in the My Investments section / Finished investments.”

PeerBerry further noted that you may 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 our “Statistics” page on our website.”

As mentioned in the announcement, the information on the Statistics page is “not being updated instantly – it requires up to one day for the data to be updated.”

To help you understand better how the repayments of war-affected loans are being performed and where to find the information you need, check here.

The repayments of war-affected loans “are being performed monthly in the middle of the month.”

In 2022, PeerBerry d.o.o. made “a net profit of EUR 663 455 – 2,6 times or 160% more than the platform’s profit in 2021.”

Last year, PeerBerry investors “earned EUR 7,16 million in interest – about one million or 12% more than in 2021.” In total, investors on the PeerBerry platform “have already earned over EUR 21 million in interest.”

PeerBerry’s loan portfolio “grew by 19% last year and amounted to EUR 101,18 million at the end of 2022.”

Last year, through “the PeerBerry platform, EUR 537,5 million of loans were funded—currently, the total funded loans on PeerBerry amount to EUR 1,75 billion.”

In 2022, 14 524 new investors (on average, 1210 new investors per month) “have joined the PeerBerry platform, i.e., the PeerBerry investor community grew by 30% last year.” Currently, PeerBerry “has more than 69 000 verified users.”

2022 will be recorded in PeerBerry’s history “as a year of invaluable experience,” the firm claims.

Due to Russia’s war in Ukraine, 50% of PeerBerry’s portfolio “got into the war fire.”

PeerBerry got “the most substantial hit of the war compared to other platforms in the market; however, PeerBerry remains the best-performing platform in the entire market in covering obligations to investors.”

Under the Group guarantee mechanism in 14 months of the war, PeerBerry business partners have already “repaid EUR 36.8 million, or 73.3% of the total war-affected obligations towards PeerBerry investors.”

For more details, check here.

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