In August, the total interest paid to PeerBerry investors exceeded €35 million (totaling €35 255 302).
Last month, PeerBerry investors have reportedly “received €908,061 in interest.”
PeerBerry investors funded €46 million in loans last month, which “is 5% fewer than in July, as the loan supply on the platform was slightly lower in August compared to July.”
In August, Colombian short-term lender Credito365 joined the network of PeerBerry partners, and more lenders “are on the PeerBerry roadmap for this year to increase the loan supply on the platform.”
PeerBerry’s outstanding portfolio reportedly grew “to € 115.87 million last month, as more investors are investing in longer-term loans monthly.”
Last month, 1 835 new investors registered on the platform. PeerBerry currently has 89 006 verified users.
Since PeerBerry’s inception, investors have funded “over € 2.74 billion of loans.”
In another recent update, PeerBerry said that their team constantly “implements measures to safeguard access to our investors’ accounts and funds.”
This time, they have implemented a solution that will draw their investors’ attention “when logging into the PeerBerry account” from a new device:
- the investor will receive an email about logging in from a new device,
- the investor will see all login sessions in the Settings section and will be able to log out of any of them.
PeerBerry pointed out that if you receive an email informing you that a login attempt has been made from a new device and you are sure it is not you, you may go to the Settings section of your account and “terminate the authorization session/sessions you do not recognize.”
Then, reset your password and set 2FA to “ensure the safety of your account.”
Information about active login sessions is available “on the desktop and will later be added to the PeerBerry app.”
Note other measures they apply to keep you cautious and to prevent your funds so no one else except you can withdraw them:
- A two-factor authenticator (2FA) is in place on PeerBerry to secure your account.
- Deposit/withdrawal confirmation emails to trigger your attention to ensure whether you made such a deposit/withdrawal. The first and the last characters of the bank account from which the deposit was made are shown in the email.
- Withdrawals are not processed to newly added bank accounts on the same day.
