Hello all! Today there is again my P2P portfolio update March 2021 and thus again everything around the changes in the individual platforms. Unfortunately, the whole blog post comes again very late, because the trainings in my new job are quite time-consuming and I also changed my website hoster. But the blog should be much faster now than before (if not, feel free to give me feedback). But let's get started!
I would like to start today first with the current actions of the platforms, then briefly something about the current “strategy”. Then, as usual, comes the IRR ranking, to then look more closely at the individual platforms. With this blogpost I also want to change a little something again. I divide the platforms this time into platforms where I continue to (re)invest and possibly even increase, platforms that I let expire or the investment was stopped and I first reduce my investment. For platforms that I'm still testing, I write that it is a test balloon.
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 March 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)
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.
As announced last time, I had adjusted the auto-invests on Mintos and significantly reduced the loan providers and focus mainly on those with the best ranking (on Mintos and ExploreP2P). For example, I no longer invest in Creditstar or Placet Group loans, as these are already very well represented via Lendermarket and Moncera respectively. I do not add new loan originators right away, but wait. All originators with lower scores move to a separate, underweighted auto-invest. The Mintos Risk Score was adjusted last time. In March I received almost 70 EUR in interest through Mintos. 7.857 EUR are invested as of March 31 with an IRR of 13,41%.
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.
At IUVO everything went as usual. 2.597 EUR are currently invested with an IRR of 12,67%. I have again skimmed a large part of the interest as recently. Since I want to focus mainly on the Spanish loan provider Ibancar, I had created my own prioritized AI. This could now also collect the first loans after a short dry spell.
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 recently arrived “almost” exclusively with positive news. However, the group guarantee issue mentioned in the last blog post has apparently led to some larger investors exiting. So did Bernhard Hummel, as he explains in his Youtube video. For me, nothing changes in principle, but I won't increase either. My IRR was at 12,75% at the end of March with 1.038 EUR invested.
One of the most solid platforms for over two years. However, the story with the group guarantee makes you think.
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.
The interview with the new Bondster CEO Pavel Klema is still pending, my questions have been submitted and should be answered soon. Apparently other bloggers have priority. Otherwise, 1.206 EUR are now invested with an IRR of 11,31%.
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% .
Lendermarket is one of the platforms that I would like to increase to around 1.000 EUR in the medium term. I'll probably tackle that in April. In March, on the other hand, there was nothing to report. The IRR is at 16,56%. Lendermarket itself shows me 14,12% on 484,03 EUR 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%
As always, no news and changes at Swaper. It bobs along, but successfully. 308,93 EUR are invested with an IRR of 12,56%. Also with Swaper I had thought again and again about increasing my investment, but so far never put into action. But I'll still tackle this in a small way in the next few months.
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.
In March, Viainvest's Auto Invest was a real pain in the neck. It didn't invest automatically, even if credits were available. In general, the set credits are but very quickly gone. A small workaround is to stop the AI and restart it. The IRR was in March at 11,47% with invested 1.343 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.
The only change at Twino in March was the request for a renewed KYC check. In the following months, however, I'll also increase the platform somewhat (target: 1.000 EUR). Currently, the IRR is 10,69% with 518,05 EUR invested.
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€.
I introduced Moncera as a test balloon a while ago and was also able to interview CEO Dmitri Pavlov. I'm continuing the platform as a test balloon. In February, I increased my investment here, and this will continue in the near future. At the end of March, 388,40 EUR were invested with an IRR of 10,20%.
If you use my Moncera link* I'll 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!
P2B (Real estate)
At EstateGuru I still reinvest manually. Invested are 3.574 EUR at the end of March with an IRR of 9,64%. Lately, more and more German projects are coming up, which I also like to invest in to further diversify my real estate portfolio. By the way, Thomas from the German P2P website p2p-game.com has a great experience report after 4!!!! years of investment. Have a look!
I don't consider my invested capital to be ‘questionable'. So far EstateGuru has always ensured recovery.
At EstateGuru* there is a 1% cashback for 3 months until end of April. I also receive the cashback and in addition 5€.
Let's move on to Bulkestate, where I actually deducted some money once. But that is simply because no new project was available. Currently, 1.155 EUR are invested and the IRR is at 7,36%. As announced, there were also some redemptions and also in the project Aleksandra Apartments I there is a solution, namely a cooperation on Crowdestate, where the project is refinanced.
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 2% cashback for 180 days and one-time 10€ until April 30.
At Reinvest24 there were again two insider updates in March (here and here). This time on the Moldovan projects, in which I'm also invested. The calculated IRR is 8,12% with now invested 850,89 EUR. I was also able to publish the announced blog post (about Moldova) recently.
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. In addition, there is the 3rd Anniversary Cashback Campaign until May 12, 2021 with the following conditions:
- +0.25% on all investments up to 1,000 EUR
- +0.5% on all investments from 1,001 to 5,000 EUR
- +0.75% on all investments from 5,001 EUR
After the more or less big changes at EvoEstate in February, there was relatively little to report in March. At the end of March, 5.721 EUR are currently invested in 82 projects with an IRR of 3,77%. By the way, the calculated return differs strongly from the “Net Annual Returns”, which are given with 10,61%, due to final maturity 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€.
The AI at Linked Finance hasn't managed to invest in another project yet, but there weren't really any. LF is one of the platforms where I would love to (re)invest. I hope there will be new projects soon. There was one positive news though, another successfully repaid project. At the end of March the IRR was at 6,70% with a total investment of 307,91 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.
Strictly speaking, I already added Quanloop to my portfolio in April as a test balloon. There is also an interview about this on my English blog. I'm only invested there with 58,61 EUR and the IRR was 16,97% at the end of March. My AI set to 13-14% p.a.. In May I'll do a review and consider if this is really a platform you need or want to invest on.
If you are interested in the platform, you can use my link* to get a 5€ bonus. My reward is 2,5% cashback.
With NeoFinance, things are also running smoothly so far, the red credits are at least no longer increasing that much. At the end of March 1.259 EUR are invested in NeoFinance and the IRR is 13,298%. 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 February 2021 and March 2021.
The return calculated by the platform is now 13,83% 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. 17% 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 6,79%. However, I do not want to miss the liquidity available here. The total investment is 1.683 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.
In January I opened a new test balloon, namely at LendSecured*. As announced, there is a new type of loan, namely grain loans. Initially I invested 50 EUR in a first project and immediately bagged 1% cashback. In March a second project was added. The account currently shows 101 EUR with an IRR of 13,01%.
If you are interested in LendSecured, you can use my link*. I'll receive 10 € for the successful registration + 1% cashback for 180 days.
March was actually the best month after December 2020 in terms of cash flow. I was able to book almost 200 EUR in interest and additionally almost 250 EUR in secondary market profits. However, this does not change the fact that many projects need beyond the maturity date to be repaid. Steps were taken to improve communication, which was really necessary, but I doubt if that alone is enough. You can't say Crowdestor doesn't want to, they just make a lot of things way too complicated in my eyes. My new metric, the delayed projects, is rising again to now 46% (+3%). My investment at the end of March was 15.951 EUR with an IRR of 9,40%. This is of course much too little for the size of the investment, which is why I have currently started to reduce it and deduct interest.
Further, because of the risk of the platform and projects, 50% of the investment is ‘questionable' to me (regardless of the ~46% delayed projects). Especially due to the Corona pandemic, which will have a massive effect on tourism and restaurants.
With my link* there is 1% on top for 90 days on your investment! My reward is 1% too.
Another test balloon was the investment on Bondora via their API. After almost a year I have to end this experiment. On the one hand, Bondora clearly prioritizes Go&Grow, which can be seen from the fact that even through the API it is very difficult to invest more than a few euros per month. On the other hand, access to the API was terminated unilaterally. That means I let the investment expire. Currently, 360,70 EUR are still invested there with an IRR of 19,66%.
A bonus of 5€ are available for you at Bondora* right after registration.
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 not going very well and there might be a margin call soon. On the positive side returns of 20-30% p.a. are possible. So it's a high risk test balloon! In March the IRR is 6,87% 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€.
My withdrawal of money from Viventor continued in March. Oh no it didn't! Only 0,46 EUR came back and the rest is stuck in the “Funds in transit”. Invested are still 206,11 EUR or more or less, the numbers are not correct anyway. But my IRR is still at 7,79%. Nevertheless, stay away from the platform!
The situation is similar with Crowdestate, i.e. as far as my two remaining projects are concerned, not very rosy. Yes only two left! The third came back surprisingly and I have withdrawn the money directly. The IRR was -8,27% at the end of March and there is still 168,25 EUR on the account.
And also at Debitum Network the withdrawal of my investment is proceeding. There are 51,65 EUR left with an IRR of 8,53%.
As explained in the previous months, the warning signals are piling up at TFGCrowd and there is no recommendation from me! I have also disabled affiliate links for some time. But there was one positive news, namely a secondary market was introduced, where I could sell some projects at a discount and withdraw the money. At the end of March, 409,86 EUR are still invested at TFGCrowd. The XIRR is still 19.47%.
Portfolio performance income
March saw the largest interest income since December 2020, a whopping 462,85 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. Furthermore, I'll update you here about my affiliate income in February. I haven't received it yet, under normal conditions I get it in the following months. But in total it's 92,07 EUR from five platforms.
Referral income I received from the following platforms:
That's it again with my P2P portfolio update March 2021. Again I'm well above the 300 mark, I'm curious how the newly stocked platforms develop over the next time and especially how it continues with my largest investment on Crowdestor. The March update came unfortunately very late, which is why I also promise to publish the April update at the end of the 1st week of May!
But I also want to let you guys have your say. How are your P2P investments doing? Feel free to let me know in the comments!
Distribution by P2P/Crowlending classes
Below you can find my distribution between the individual P2P / crowdlending classes for March.
- 34,14% (+1,19%) P2P (Buy-back)
- 33,46% (-0,44%) Crowdlending
- 0,82% (-0,05%) P2B
- 23,70% (-0,55%) P2B (Real estate)
- 3,45% (+0,11%) P2P
- 3,24% (-0,25%) P2P (Short-term)
- 1,19% (-0,01%) 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 May.
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!