PeerBerry investors funded €65.12 million of loans in June and received €819,213 in interest.
The amount of funded loans on the PeerBerry platform “was 3% higher than the previous month.”
PeerBerry’s portfolio “amounted to €115.17 million at the end of June.”
1205 new investors “joined the platform last month.” Currently, PeerBerry reportedly “has 71 335 verified investors.”
Since PeerBerry‘s inception, PeerBerry investors have “funded almost €1.9 billion in loans.”
PeerBerry business partners “repaid over EUR 1.8 million in war-affected loans in June.”
Under the Group guarantee mechanism in 16 months of the war, PeerBerry business partners have already “repaid EUR 40.68 million, or 81% of the total war-affected obligations towards PeerBerry investors.”
PeerBerry will “process the further repayment of war-affected loans in mid-July 2023.”
In June, PeerBerry business partner CashX from Sri Lanka “returned to the platform with short-term loans(11.5% ROI).”
Last month, PeerBerry also “added two new lenders: Cash24 from the Philippines (180-term business loans with 12% ROI) and Onecredit from Kazakhstan (short-term loans with 11% ROI).”
PeerBerry will continue “expanding its business partners network in the second half of this year.”
The demand on the PeerBerry platform is reportedly high, and many investors “face the issue of investing all the funds held in the PeerBerry account.”
The platform recommends that to avoid a cash drag, please consider “investing part of the funds held in your PeerBerry account in the regulated platform Crowdpear, represented by their team.”
On the Crowdpear platform, you can “invest in property-backed real estate or business loans (primary mortgage) and earn up to 12% annual interest.”
Crowdpear offers a Secondary market. The Bank of Lithuania “supervises Crowdpear’s activities.”
Crowdpear currently “has over 2 700 international investors. Crowdpear’s portfolio at the end of June amounted to EUR 1.28 million.”
The same shareholders own the PeerBerry and Crowdpear platforms.
In another recent update, it was noted that one more lender, Onecredit from Kazakhstan, joins the PeerBerry platform.
Onecredit will reportedly “offer PeerBerry investors investments in short-term loans with an 11% annual return.” Loans provided by Onecredit to PeerBerry investors “include a buyback and a group guarantee.”
Onecredit (legal name Microfinance Organization “ONE CREDIT”) is “a licensed short-term lender in Kazakhstan, launched in September 2022 by Aventus Group.”
OneCredit offers its customers “a quick and convenient online solution to receive loans without leaving home or office.”
To date, the Onecredit portfolio “amounts to over EUR 0,5 million. At Onecredit, 15 employees currently work.”
Onecredit loans will be “available on the PeerBerry platform every business day.”
PeerBerry recommends that you should “include Onecredit in your Auto Invest if these loans meet your investment strategy.”