IN SHORT

Today I looked for FastInvest reviews published or updated withing the last six months. I was only interested in those of them that gave a final score (it was always a system of five stars, with five meaning highest score). I also looked for opinions at portals, such as Trustpilot. With that I calculated an overall score for FastInvest, which turned out to be as low as 2.78 out of 5.0. Below, I’m showing details for that simple calculation, plus some basic data about this P2P lending platform.

Overall, I’m absolutely NOT recommending putting your money into this platform.

 

FastInvest: key facts

  • Webpage: https://www.fastinvest.com/en 
  • Buyback Guarantee: Yes
  • Auto-invest: Yes (minimalistic)
  • Secondary market: Yes
  • Loan categories: consumer loans
  • Loan rates: typically 9-13%
  • Investors: ca. 30,000
  • Currencies: EUR, PLN
  • Regulation (from their website): FAST INVEST LTD is not regulated under any financial services license and is an online peer-to-peer platform acting as an intermediary in the sale of claim rights between investors and loan originators.

Continue reading “FastInvest scores only 2.78 out of 5.0 in a meta-review”

IN SHORT

Today I looked for Iuvo Group reviews published or updated withing the last six months. I was only interested in those of them that gave a final score (it was always a system of five stars, with five meaning highest score). I also looked for opinions at portals, such as Trustpilot. With that I calculated an overall score for Iuvo Group, which turned out to be 4.32 out of 5.0. Below, I’m showing details for that simple calculation, some basic data about this P2P lending platform as well as any other information I believe you should know before deciding to invest.

 

Iuvo Group: key facts

  • Webpage: https://www.iuvo-group.com
  • Established: 2016
  • Country: Estonia
  • Buyback Guarantee: available for all loans
  • Auto-invest and manual investing available
  • Secondary market: available
  • Loan categories: consumer / business / mortgage / secured car loans
  • Average annual investment return: 9.2%
  • Amount of listed loans: 297 million EUR
  • Investors: ca. 20,000
  • Currencies: EUR, BGN, RON, PLN
  • Regulation: IUVO Group is regulated as a credit intermediary licensed by the Estonian Financial Commission Finantsinspeksioon. This means that they do not have approval from every national regulator, but act as a credit intermediary yet they follow the rules of  P2P Best Practices by FinanceEstonia (source)  

Continue reading “Iuvo Group scores 4.32 out of 5.0 in a meta-review”

IN SHORT

Today I looked for Viventor reviews published or updated withing the last six months. I was only interested in those of them that gave a final score (it was always a system of five stars, with five meaning highest score). I also looked for opinions at portals, such as Trustpilot. With that I calculated an overall score for Viventor, which turned out to be 3.8 out of 5.0. Below, I’m showing details for that simple calculation, some basic data about this P2P lending platform as well as any other information I believe you should know before deciding to invest.

 

Viventor: key facts

  • Webpage: https://www.viventor.com
  • Established: 2015
  • Country: Latvia
  • Buyback Guarantee: available for all loans
  • Auto-invest and manual investing available
  • Secondary market: available
  • Loan categories: consumer loans, business loans, real estate, leasing
  • Average annual investment return: 13.6%
  • Amount of funded loans: over 136 million EUR
  • Investors: ca. 7500
  • Currency: EUR
  • Regulation: not financially regulated but is under the commercial legislation acts of the Republic of Latvia

Continue reading “Viventor: conclusions from meta-analysis of recent reviews”