PeerBerry’s portfolio grew to €114.16 million last month (from €113.12 million at the end of May) further ensuring their investors a higher invested amount, a larger share of which was invested in longer-term loans.
The loan supply on the PeerBerry platform was slightly “lower in June compared to May.”
PeerBerry investors have reportedly “funded €47.77 million in loans last month, about 3% less than in May.”
In June, their investors have received €916,905 in interest. Last month, 1 387 new investors joined the platform. PeerBerry currently reports that it “has 85,436 verified users.”
Since PeerBerry’s inception, investors have reportedly “funded over €2.65 billion of loans and earned over €33.38 million in interest.”
Ecommoney from Kazakhstan joined the platform
In June, we onboarded Aventus Group lender from Kazakhstan, Ecommoney, who offers their investors “to invest in up to 12-month loans on their platform.”
They expect more significant growth in “the loan supply in Autumn when lending companies issue more loans.”
They also have a list of companies “that the plan to onboard to the platform later this year.”
Additional measures to protect investors’ funds
To ensure even higher protection of their investors’ funds, in June, PeerBerry reveals that they started applying “an additional security measure—each withdrawal request now has to be confirmed by the verification code sent to the investor’s email.”
The code sent to the investor is valid for one hour.
The withdrawal request will be automatically “canceled if the investor does not confirm the withdrawal within one hour or fails to type the withdrawal confirmation code correctly several times.”
If the withdrawal request is initiated to a newly added bank account, “an additional check of the investor’s identity will be conducted.”
As covered, PeerBerry claims that it is one of Europe’s best-performing alternative investment platforms “to invest in loans with an annual return of up to 11.5%.”
Their clients are said to be “the cornerstone of their business and their biggest assets.”
The firm also claims that their strong focus on investors’ expectations, high level of risk management, and innovativeness “have led them to become one of Europe’s largest investment platforms.”
