PeerBerry investors funded €48.5 million in loans last month (about 1.6% more than in June) as the loan supply on the platform was slightly higher in July compared to June.
In July, PeerBerry investors reportedly received €963,700 in interest.
PeerBerry’s outstanding portfolio “grew to €114.36 million last month.”
Last month, 1 743 new investors joined the platform. PeerBerry currently “has 87 171 verified users.” Since PeerBerry’s inception, investors have “funded over €2.7 billion of loans and earned over €34.35 million in interest.”
In another recent update, it was noted that PeerBerry’s business partner – real estate developer SIB Group – repaid investors “a €1 million loan (real estate project “Talino II”) and paid our investors EUR 249 089 in interest.”
As covered last month, PeerBerry’s portfolio grew to €114.16 million in June 2024 (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 they plan to onboard to the platform later this year.”
In June, PeerBerry revealed 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” to ensure even higher protection of their investors’ funds.
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.”