Welcome back! In the P2P portfolio update July 2021, I once again provide an update on the changes in my portfolio. July was similar to the previous month and I was also able to welcome another new platform addition. As always, you can read everything else in the following blog post!
First comes the IRR ranking, as usual, and then a closer look at the individual platforms. I have adjusted the subdivision of the platforms once again because it has led to confusion here and there. There are the categories ‘(Re)invested‘, ‘Withdrawal phase‘ and ‘Investment expires'.
Another thing about the current strategy. Currently, I withdraw from platforms that bring me more than 10 EUR interest per month and build up some cash or redistribute it to other platforms. So I'm much more flexible and can consider whether I use it in the following month to specifically increase a platform or leave it as cash and invest elsewhere if necessary.
IRR ranking July 2021
I've selected the 01.07.2017 as a start, as this is where I started tracking my P2P investments.
Change previous month (%)
Change previous month (EUR)
Let's start with a newcomer. Last month I already introduced the trio Afranga, Esketit and Robocash. Now, in July, Income Marketplace* will join them. This is another P2P marketplace that offers loans from Indonesia and Brazil with up to 12%. A fortnight ago I had a video call with the CEO Kimmo Rytkönen and found the platform so exciting that I initially invested 500 EUR. In the last few days of July, I earned a whopping 0.03 EUR in interest, which led to an IRR of 0,27%, haha.
In one or two weeks, I'll publish an in-depth interview with Income Marketplace to find out what the USP of the Estonian platform is.
500€ is of course not a small amount for a test balloon, but without some skin-in-the-game experience reports are not authentic.
If you want to test the platform there is 1% cashback for you if you use my link*. I receive 1% too + one-time 20€.
Currently I'm in a kind of withdrawal phase or consolidation / reallocation. On the following platforms, however, I continue to reinvest and plan to increase the investment moderately in some cases.
Meanwhile the cashback campaign is over, but for sure there will be another one! My IRR was at 15,73% at the end of the month. The investment is now 1.017 EUR.
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 16%! My reward is 5€ onetime + 1,5%
After increasing my investment slightly in the previous month the IRR was 12,33% at the end of July with an investment of 507,24 EUR.
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.
The investment at Twino was increased, too. End of July the IRR was 10,44% with an invested 1.025 EUR. There are now some Vietnamese loans available on the secondary market.
So far, the platform has been running so solidly for almost 4 years that I don't consider my investment questionable.
Here* you can register. If you invest 100€ we both are rewarded with a bonus of 15€.
There was no change in Moncera. With an invested 536,74 EUR and an IRR of 10,06%, I will now observe the situation again for a while before I think about a further increase. Interest rates have already dropped significantly to 7-9%. In addition, the ownership structure has changed in the meantime and the Placet Group is now 100% owner.
I'm watching the platform very closely, but so far I have no reason to consider my investment questionable. Nevertheless, the platform is of course very young.
If you use my Moncera link* I'll receive 2% on all deposits made by you in the first 60 days and one-time 5€. This also supports my blog, so I want to say thank you in advance!
I invested a little more in Afranga in July. The investment at the end of the month was 370,58 EUR with an IRR of 13,20%. Here, too, the interest rates have fallen from 18% at the beginning to 14% in the meantime, but that was actually clear. No problem for me!
As always with new platforms, I test the whole thing first with a small amount and share my observations. Afranga is also a candidate like Moncera, where I could imagine to increase the investment a bit faster. Due to the small investment amount, I don't see the investment as such as questionable.
If you are interested in Afranga, you are welcome to use my link* and support my blog. Unfortunately, only I receive 1% cashback. Prerequisite for this, you invest >500 EUR.
Esketit is developing quite well, but there have been no further deposits yet. At the end of July, 255,18 EUR was invested with an IRR of 7,86%.
Of course, this is also a test balloon. I'm looking at the platform over a longer period of time before I increase the investment further, however, there will also be a little more skin-in-the-game with the test balloons than before. Due to the low investment sum, I do not see the investment as such as questionable.
For the curious, there is 1% cashback on the investment for the first 90 days at Esketit with my link*. I also receive this as compensation + one-time 5€.
The first interest rates also arrived at Robocash, causing the yield to climb a little. There is currently 251,90 EUR in the account with an IRR of 5,57%.
I would also classify Robocash as a test balloon for now, although I will probably increase the investment here sooner. Due to the low investment amount, I do not see the investment as such as questionable.
If you are interested in Robocash, you can use my link* and support my blog. As compensation I get 1% cashback after 90 days and a one-time 5€.
P2B (Real estate)
At EstateGuru I continue to reinvest manually. In July nothing important happened. Invested at the end of the month were 3.389 EUR with an IRR of 9,71%.
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€.
At the beginning of July, I reported in a separate blog post about the first German project at Reinvest24. The calculated IRR at the end of the month was 8,21% with invested 1.299 EUR.
I consider 10% of my investment as questionable, as ReInvest24 is still a young platform.
If you want to invest on ReInvest24*, there is a 10€ bonus for you. I'll receive 1% of the investment.
At EvoEstate, 5.928 EUR was invested at the end of July with an IRR of 4,02%. Incidentally, the calculated return deviates strongly from the “Net Annual Returns”, which is 10,84%, due to final maturity projects. In July, five projects were successfully redeemed. I'm currently invested in 62 projects.
Although, EvoEstate is still one of the younger platforms. 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€.
Many new projects are still not coming in at LinkedFinance, but the free capital is also not enough for another one. I will therefore just let this continue. The IRR was 6,93% at 31.07 with a total investment of 315,56 EUR.
So far exclusively paying or already repaid projects. Only the lack of new projects clouds the entry. I do not consider my investment questionable at the moment.
Linked Finance doesn't have an affiliate program, so there's nothing for you or me. Nevertheless, you can register here if you like.
With NeoFinance, things are also running smoothly so far, the red credits are at least no longer increasing that much. At the end of July 1.312 EUR are invested in NeoFinance and the IRR is 13,24%. 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. Since I have been doing this specifically, the number of loans that are up to 90 days late has felt to be declining somewhat. However, I have yet to back up this observation with numbers. NeoFinance is one of the platforms where I have not paid out any interest, as there is a withdrawal fee. In the following screenshots a comparison of June 2021 and July 2021.
The return calculated by the platform is now 14,03% 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 approx. 16% 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.
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 6,72%. However, I do not want to miss the liquidity available here. The total investment is 1.172 EUR.
I don't think my investment here is in question. Bondora has enough leverage.
5€ are available for you at Bondora* right after registration.
With LendSecured, I continue to wait to get a real feeling for the platform. In July, 102,81 EUR was invested with an IRR of 7,43%.
If you are interested in LendSecured, you can use my link*. I'll receive 10 € for the successful registration + 1% cashback for 180 days.
With Mintos, as mentioned last time, I actually let some air out and reduced the investment a bit in order to invest it accordingly on other platforms. As of 31.07.21 were 7.207 EUR on the account. In the future, I will withdraw about 40 EUR in interest per month. The IRR was 12,86%.
Even if Mintos is one of my largest platforms, still 18,2% of my investment is questionable. Namely all pending payments and loans in recovery.
I have temporarily switched from the affiliate link to the referral link at Mintos* to be able to use the advantages of the Mintos Investor Club at some point. Unfortunately nothing changes for you, only I get a bonus from 10 EUR at 500 EUR investment.
I also shared my idea to halve the investment in IUVO in the last portfolio update. I started to implement it in July. 1.897 EUR were invested at the end of the month with an IRR of 12,26%. In future, the focus will be on Ibancar loans and only about 20% on other loan initiators.
Marking 10% of the capital as questionable seems to be appropriate because of the amount of HR loans.
- 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 1,5% cashback for investement above 1.000€. I receive 1,5% too.
- With the 2nd offer (click on the banner) I get 5€ and 2% of the investment in the first 30 days and 3% for the investment of day 31-90
PeerBerry continues to run silently. In July, there were still some loans available again with slightly higher interest rates (up to 12%). My IRR was at the end of July at 12,80% with invested 1.040 EUR. Here I had also started to withdraw monthly 10 EUR cash.
One of the most solid platforms for over three years.
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.
Finally I managed to publish the interview with Bondster in July. Otherwise, there is little to report. The IRR was at 11,48% at the end of June with 1.213 EUR invested. Again, I'll withdraw 10 EUR at the end of the month.
I still see Bondster as a young platform and even if the collection of Polish loans works out very well, I see 30% of the investment as questionable.
There is a 1% cashback after 30, 60 and 90 days at Bondster*. I receive 2% .
Unspectacular July probably sums it up best. The IRR was 11,60% with invested 1.356 EUR. As with some other platforms, I have withdrawn 10 EUR.
In my opinion Viainvest is quite solid and so 0% of my capital is questionable (so far).
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.
P2P (real estate)
Two projects were successfully repaid in July, even the problem project Aleksandra Apartments I was repaid. At the end of July, 973,14 EUR were invested and the IRR was 7,55%. As mentioned last time, Bulkestate's numbers here are inaccurate due to some partial redemptions. Both the invested amount and the IRR should be somewhat higher.
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. However, refinancing on Crowdestate is a step in the right direction.
If you use my link* I'll receive 1% cashback for 180 days and one-time 5€.
In terms of interest, July was a great month with almost 110 EUR. However, this should be more constant and the cash flow itself higher. My new ratio, the delayed projects, decreased slightly again to now 54% (-1%). My investment at the end of June was 14.899 EUR with an IRR of 8,77%.
To anticipate the next P2P portfolio update, Thomas, Dirk and I sat down for a P2P Deep Dive Podcast after a long break. And we did so with a special guest, namely the well-known Peerduck, who had a lot to say about Crowdestor, among other things. But it has to be said that we didn't check any of the statements! You can find the English podcast on Thomas' blog.
Further, because of the risk of the platform and projects, 50% of the investment is ‘questionable' to me (regardless of the ~54% delayed projects). Especially due to the Corona pandemic, which will have a massive effect on tourism and restaurants.
With my link* there is 1% cashback for 180 days! I receive 1% too + one-time 10€.
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 initial investment was £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. My test project is still floating in the air (I'm not allowed to give more details). On the positive side returns of 20-30% p.a. are possible. So it's a high risk test balloon! In July the IRR is 4,94% due to currency effects.
I'm therefore letting my investment expire (if possible), because you need a lot of capital for a reasonable diversification. I don't have that and I'm not willing to invest that much there either.
If AxiaFunder is an interesting platform for you, I would be happy if you use my link*. My reward is 50€.
Of course, NOTHING happened at Viventor in June. Write-off the platform correctly is easier said than done because the numbers don't add up. There are still 206,11 EUR on the account or more or less. But my IRR is still at 7,27%. I'm already bringing forward the August news, because now it's also clear from the official side that it's the end.
At Crowdestate, on the other hand, something actually happened in July. An agreement was reached with USL Invest OÜ on a new payment plan. This will be extended until 2023 with an interest rate of 8%. Baltic Forest OÜ is also seeing some movement. The insolvency administrator has sold scrap metal to cover some of the costs. The next step is to see what the valuation of the real estate looks like. The IRR was -8,05% at the end of July and there is still 168,25 EUR on the account.
At Debitum Network, the withdrawal of my investment is proceeding a bit faster. There are only6,55 EUR left with an IRR of 8,67%.
As explained in previous months, the red flags at TFGCrowd are piling up and there is no recommendation from me! In June, 409,86 EUR are still invested at TFGCrowd. My projects I put with a discount on the secondary market unfortunately have a bit too much competition. The IRR is still 17,54% and continues to fall.
Portfolio performance income
I was able to take the 300 EUR feel-good limit a little easier again in July with 369.74 EUR.
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. In addition, I would like to give an update on my affiliate income in July. This one was a positive outlier and I was able to collect a total of 63 EUR, spread over eight platforms.
Referral income I received from the following platforms:
That's it again for my P2P portfolio update July 2021. There is still some back and forth between the platforms, but I hope to have the worst done by the end of the year. In August, I might have to deduct a little more due to some higher expenses of a private nature. I'm curious to see how Income Marketplace develops.
Feel free to let me know in the comments how your P2P investments are going or which platforms you have worries and concerns about!
Distribution by P2P/Crowlending classes
Below you can find my distribution between the individual P2P / crowdlending classes for July.
- 36,25% (-0,53%) P2P (Buy-back)
- 32,15% (+0,43%) Crowdlending
- 0,67% (-0,01%) P2B
- 24,52% (+0,80%) P2B (Real estate)
- 2,74% (+0,10%) P2P
- 2,44% (-0,84%) P2P (Short-term)
- 1,23% (+0,05%) Misc. (AxiaFunder)
I hope you found my summary interesting as always. I'm 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 August.
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!