Hello everybody! 2021 has already begun, but today I would like to take a look at the last month with the P2P portfolio update December 2020. Have fun reading!
As usual, I would like to start with the IRR ranking and then take a closer look at the individual platforms. Next it's time for the problem platforms and how I define them exactly. Then comes the Portfolio Performance interest overview, my affiliate/referral income and my change(s) for the P2P/crowdlending classes. Let's start!
Table of Contents
IRR ranking December
I've selected the 01.07.2017 as a start, as this is where I started tracking my P2P investment.
Platform | Initial investment | IRR (%) | Change previous month (%) | Invested (EUR) | Change previous month (EUR) |
|---|---|---|---|---|---|
19.07.2017 | 13,75 | +0,29 | 7660 | +120 | |
30.10.2017 | 10,84 | +0,11 | 436,77 | +7,13 | |
09.11.2017 | 6,77 | +0,22 | 1650 | +12 | |
14.05.2018 | 12,59 | +0,071 | 954 | +14 | |
31.07.2018 | 12,95 | -0,09 | 2570 | +26 | |
11.08.2018 | 12,20 | +0,33 | 298,80 | +5,92 | |
01.02.2019 | 9,63 | +0,20 | 3494 | +35 | |
14.02.2019 | 13,32 | +0,07 | 1222 | +16 | |
20.02.2019 | 10,95 | +0,12 | 343,40 | +3,97 | |
21.02.2019 | 10,90 | -1,42 | 243,39 | -109,21 | |
21.03.2019 | 9,08 | -0,14 | 15461 | -171 | |
30.03.2019 | 10,93 | +0,39 | 1169 | +17 | |
12.04.2019 | 11,40 | +0,04 | 1307 | 15 | |
17.05.2019 | 6,76 | -0,43 | 1227 | +2 | |
20.05.2019 | -9,76 | +0,70 | 768 | -100 | |
31.07.2019 | 3,62 | +0,23 | 4622 | +28 | |
Wisefund | 12.08.2019 | 10,91 | -0,71 | 1034 | 0 |
04.11.2019 | 23,08 | +0,28 | 971 | -98 | |
31.01.2020 | 7,78 | +0,24 | 113,15 | -12,29 | |
15.02.2020 | 16,83 | -0,56 | 466,78 | +4,87 | |
20.02.2020 | 6,77 | +0,07 | 303,19 | +1,71 | |
04.05.2020 | 16,74 | +1,06 | 55,35 | +0,63 | |
19.05.2020 | 19,38 | +0,32 | 344,83 | +104,99 | |
29.05.2020 | 0,35 | -0,18 | 556,22 | -0,36 | |
22.07.2020 | 10,12 | -0,63 | 180,95 | +4,38 | |
31.12.2020 | 4,15 | +0,63 | 47452 | -94 |
Platforms
Since Q3 2020 I've changed the order of the platforms a bit to bring the relevant information to the fore.
Platforms with ‘problems'
As ‘platforms with problem platform' I define all platforms I'm not satisfied with as well as those where the ‘red flags' shine brighter than usual, and I'm therefore on the retreat.
Yes in the last month I have already made my displeasure a little air. And as a consequence, I withdraw my money completely (as far as possible) and also sold on the secondary market with discount. The IRR is still 10,90% , with 243,39 € on the account (the dashboard shows me, by the way, again wrong values). The currently headless platform I can definitely no longer recommend!
I still continue to withdraw my money from Crowdestate. The IRR at the end of December was -9,76% with 768,25 € on the account. So I withdrew 100 €.
I already wrote more about Wisefund in the August portfolio update. The Action Group can be found here and the corresponding Telegram group. Meanwhile, the platform knows which investors participate in the action group and block their withdrawals as a consequence. The few interest payment from 2-3 project, which still arrived in the months before, have also not been paid in December. Currently it's an absolute standstill and I will write off the platform in January.
In the last month of 2020 I continued withdrawing my money from Debitum Network. 91,48 € are left invested with an IRR of 7,78%.
Platforms with news
Crowdlending
In December, I continued to lower my investment on TFGCrowd to 971€. The IRR is 23,08%. Reasons are on the one hand that I'm already more than strongly positioned in this area with Crowdestor, on the other hand TFGCrowd now also offers startup financing with the “Share Finance” projects. I don't like it somehow. On top of that, the first project is late.
Still, I see it as a high risk investment. So 90% of my investment are questionable.
However, if you want to test the platform you can use my link. I get 20€ + 2% after 90 days as a reward if you invest at least 100€.
In December, Crowdestor had the highest interest income of the year, namely 286,56 €! So far so good. On the numbers front, things are also looking better. Wrong information in the dashboard has been fixed and a now corrected tax report can also be found in the profile.
On the project side, 52 of my 135 projects are currently late, which is about 38%. I will continue to monitor this number and include it in the monthly portfolio update from now on.
The account value at the end of December was 15.461 € with an IRR of 9,08%.
Still, I put 50% of the capital as ‘questionable' (regardless of the ~30% late projects) because of the corona pandemic which will have a massive effect on tourism and restaurants.
With my link* there is 1% on top for 180 days on your investment! My reward is 1% too.
P2B
In the case of the Irish SME financing platform Linked Finance, projects continue to pay back diligently, both interest and principal. Portfolio Performance shows me an IRR of 6,77% at the end of December for a total investment of 303,19 €. However, in the absence of new loans, I'll think about withdrawing free funds in January.
Because I invest in business loans with Linked Finance I put 30% as questionable.
Linked Finance has no affiliate or referral program. At least I don't know about it.
Platforms without relevant changes
P2P (Buy-back)
No relevant news in December from Lendermarket. The IRR is 16,83%. Lendermarket itself shows me 13,95% with 466,87 € investment.
Because the platform is new and I only invested a few euros I won't put capital as questionable for now.
On the platform you get 1% cashback if you are using my link*. Currently, in total up to 17%! My reward is 5€ onetime + 1,5%.
On Mintos it was a quiet December with interest income of 72,39 €. 7.660 € are invested as of 31.12.2020 with an IRR of 13,75%.
Even if Mintos is one of my largest platforms, still have 19% are questionable. Namely all pending payments.
Mintos* stopped the cashback for investors. Only publishers like me receive onetime 5€ + 1% for 60 days.
IUVO continued to run on autopilot in December with an investment of 2.570 € at an IRR of 12,95%. Since IUVO has already a good size, I decided to withdraw a large part of the interest (20€) each month and it invest on other platforms.
Marking 10% of the capital as questionable seems to be appropriate because of the amount of HR loans.
- Until 31.01.2021 there is still a 15€ bonus for a deposit of at least 500€.
- For IUVO there are two different offers. Unfortunately the referral program is extremely unattractive since a few days. For the first you can contact me because unfortunately it has to be done manually, and I have to invite you. You get 20€ to 150€ depending on your investments. 1% are available for an investment of >2.000€, 1,5% for >3.500€.
- With the 2nd offer (click on the banner) I get 5€ and had the idea to share my bonus of 200€ if you invest at least 2.500€ within 30 days. Investment, not deposit 🙂 Unfortunately I cannot offer sharing the bonus any longer, to put it politely because some people making life difficult for me.
PeerBerry also continues to run without problems. The IRR in December is 12,59% with invested 954€.
Also, very solid platform which I have in my portfolio for over two years. Due to the additional group guarantee, I don't think my investment is questionable as of today.
A while ago PeerBerry introduced a loyalty bonus, but with high requirements
- 0,5% for 10.000€
- 0,75% for 25.000€
- 1% for 40.000€
If you use my PeerBerry* link, I'll receive 5€ + 1% from investments for 60 days.
There was absolutely nothing to report in December at Swaper. 298,80€ are invested with an IRR of 12,20%.
Because I just have a few Euros invested I won't put it as questionable for now.
If you use my link* my reward is onetime 5€ + 2% cashback for 90 days.
Everything is the same at Viainvest, like in the previous months. The IRR in December was 11,40% with invested 1.307€.
In my opinion Viainvest is quite solid and so 0% of my capital is questionable.
For the start at Viainvest* there is a 15€ bonus. For this only 50€ need to be invested. I'm also rewarded with 15€ if you register with my link.
Another platform where no intervention was necessary in December is Twino. Here, 10,84% of the invested 436,77€ are booked.
Because I just have a few Euros invested I won't put it as questionable for now.
Here* you can register. If you invest 100€ we both are rewarded with a bonus of 15€.
The number of my Polish loans from Mikrokasa with 60+ days delay continued to decrease a lot in December. If it goes on with this pace, I'm really satisfied. 1.169€ is my investment here with an IRR of 10,93%.
Bondster is a young platform, so I'll put 30% of the capital as questionable as well, because of the loans from Poland.
There is a 1% cashback after 30, 60 and 90 days at Bondster*. I receive 2% .
P2B (Real estate)
No news in December from Reinvest24. Interest payments as usual! The calculated IRR is 10,95% with invested 343,40€. A review together with an interview with Viktorija Bondarjonoka can be found here. And you can read here more about my test of the secondary market.
I consider 10% of my investment as questionable, as ReInvest24 is still a young platform.
If someone wants to invest directly over ReInvest24* there is a 10€ bonus. I receive 1%.
It seems that the delays of the last months are decreasing again. My account shows 3.494€ in December with an IRR of 9,63%.
I don't consider my invested capital to be ‘questionable'. So far EstateGuru has always ensured recovery.
At EstateGuru* there is a 0,5% cashback for 3 months. I also receive the cashback and in addition 5€.
In December, I invested in a few projects. 1.227 € are invested in 22 projects. The IRR increases to 6,76% because the majority of the projects are full bullet. There is some movement regarding the Aleksandra Apartments I project, but nothing to share at the moment. For Briežu Street II there were first part repayments.
I think about 9% of the capital is questionable, because of the two delayed projects and because I do not know how well the recovery is working.
If you use my link* I'll receive 1% cashback for 180 days and one-time 5€.
At EvoEstate I try to reach the 100 projects step by step. 4.622€ are currently invested in 76 projects with an IRR of 3,62%. I expect interest payments to increase accordingly in the coming months.
Although, EvoEstate is still one of the younger platforms. Interest payments on some rental projects have also started again in some cases. Therefore, I don't (any longer) consider my capital to be questionable.
For EvoEstate there is a 0,5% cashback for 6 months with this link*. I get 0,5% too and one-time 5€.
P2P
With NeoFinance, things are also running smoothly so far, the red credits are at least no longer increasing that much. At the end of December 1.222€ are invested in NeoFinance and the IRR is 13,32%. I don't count the red credits as defaults so far, since they do make a payment from time to time. The manually selected loans have very strict criteria. I try to check in 1-2 months whether this change is crowned with success. The following screenshots show a comparison of November and December.
The return calculated by the platform is now 13,20% after an adjustment of the calculation. There is a deduction of 15% withholding tax (can be reduced to 10% by the way).
At least the 91-270 days overdue loans I have to mark as questionable even though some of them might pay in the future. I think 30% of the capital is questionable in the current situation.
NeoFinance* changed and lowered their offer too. There is 1% cashback for you and me for 90 days.
P2P (Short-term)
Go & Grow
Go & Grow I mainly use for a small part of my cash and will also use it for my side hustle and savings for insurance payments. Because of the withdrawals from time to time and the fee of 1€ IRR is at 6,77%. However, I do not want to miss the liquidity available here. The total investment is 1.650€.
I don't think my investment here is in question. Bondora has enough leverage.
5€ are available for you at Bondora* right after registration. If someone wants to invest a larger amount, just send me a message because I get 5% of your investments and I share my bonus (2,5% for you).
Test ballons
Strictly speaking, I added Quanloop to my portfolio as a test balloon in April. Also, I did an interview with them. I'm only invested with 55,35€ and the IRR was 16,74% in December. My AI setup is 13-14%.
If you are interested in the platform, you can use my link* to get a 5€ bonus. My reward is 2,5% cashback.
API
With my 3rd test balloon, which I started in May I want to test it again and try to invest with very strict criteria via the Bondora API. For this I had a virtual sub-account created so that I could track the results. Currently, 344,83€ are invested there with an IRR of 19,38%.
5€ are available for you at Bondora* right after registration. If someone wants to invest a larger amount, just send me a message because I get 5% of your investments and I share my bonus (2,5% for you).
I recently introduced the platform and was also able to conduct an interview with CEO Dmitri Pavlov. Due to the close relationship with the Placet Group, only loans from this loan originator are listed there. The Placet Group is also available as a loan provider for Mintos, but today it has 2% less interest. In December 185,33€ is my investment on the platform with an IRR of 10,12%.
If you use my Moncera link* I will receive 1% on all deposits made by you in the first 60 days. This also supports my blog, so I want to say thank you in advance!
The British platform AxiaFunder offers investing in an area I haven't seen before because they offer investing in litigation cases. You can find an interview with CEO Cormac Leech at explorerp2p.com. Very worth reading! My investment is £500. Yes, that's the minimum investment and a lot. You have to bring some capital with you in order to have proper diversification. The same is also possible for a total loss and even a loss of more than the invested money. There may even be a margin call already in the new year. On the positive side returns of 20-30% p.a. are possible. So it's a high risk test balloon! In December the IRR bei 0,53% currency effects.
If AxiaFunder is an interesting platform for you, I would be happy if you use my link*. My reward is 20€ + 3% of the investment.
Portfolio performance income
This is the earnings view of Portfolio Performance. Almost 558,99€ in total in December.
Affiliate/referral income
I mentioned that I'll be more transparent regarding income of affiliate sources. You have seen that I write down what I get in return if you're using my links. Furthermore, I will update you here about my affiliate income in December. I haven't received it yet, under normal conditions I get it in the following months. But in total it's 38€ from three platforms.
Referral income I received from the following platforms:
- Quanloop*: 0,38 €
- ReInvest24*: 2,57 €
Summary
After a good November, an excellent December followed! 558,99 € in interest were paid and that was a great finish for the year 2020.
Distribution by P2P/Crowlending classes
Below you can find my distribution between the individual P2P / crowdlending classes for December.
- 32,38% (+0,39%) P2P (Buy-back)
- 36,74% (-0,52%) Crowdlending
- 0,99% P2B
- 21,97% (-0,12%) P2B (Real estate)
- 3,28% (+0,23%) P2P
- 3,47% (+0,02%) P2P (Short-term)
- 1,17% Misc. (AxiaFunder)
I hope you found my summary interesting as always. I am always open for constructive criticism and suggestions. Follow me on Instagram. There I post not only about P2P and crowdlending, but also about stocks, dividends and options. So have a look! We will read about the next portfolio update in February.
Revolut – My account for p2p and crowdlending
Since I don't want to transfer everything from my regular bank account to the platforms, I was looking for a simpler solution. Meanwhile, I use Revolut for over a year, and I'm really happy with it. Since then, I use the app for all financial transactions in the area of p2p/crowdlending and also in business context as freelancer with Revolut for Business.
About new projects on Twitter, Instagram and Facebook
On my own behalf, I would like to mention that I also present new projects on Twitter (kaph1016) and Instagram (investdiversified) in which I invest myself. Also, on Facebook I have a page. There are also a few insights into how I invest in other areas. So just follow me :).
*Some links in my posts are affiliate or referral links. That means I get a little bonus. For each of those who use these links, however, there are no costs or other disadvantages. On the contrary, there is usually a start bonus or cashback. So if you use these links, you support my blog and for that I say thank you in advance!