In spite of a sometimes capricious internet connection, I managed to publish two new reviews. In addition, I have decreasing ratings for several platforms (Robocash, Swaper and Bondora); more rating changes should follow. Finally, I resumed working on the back-end of the site in order to improve reviews layout; expect small changes in the next months !
I’m more enthusiastic about this month’s other reviewed platform. I remember looking at Viventor when I started investing in P2P and discarding it because of low interest rates; however, things have greatly improved and now it looks like a worthy competitor to Mintos. For beginner investors, it may even be a better choice thanks to its easier auto-invest configuration !
Noteworthy changes in the crowdlending world
In case you missed them, here’s a summary of the important news you should be aware of.
The current cashback campaign is still active, for investors who invest at least €1000 in a project. Cashback level will depend on the invested amount, from 1% to 3%.
Envestio‘s bank account has changed again. Don’t forget to update it accordingly !
Individual platforms performance
June was basically more of the same; the performance of most platforms was roughly equivalent to May’s.
Mintos performance was slightly up in June, reaching 13.26% compared to 13.18% last month. If you didn’t do so recently, I advise you to check your auto-invest settings, as it’s currently possible to invest in loans yielding as much as 16% !
The performance of my Swaper portfolio decreased a bit, from 12.12% to 12.02%. Currently all my funds on the platform are invested; maybe they finally solved their cash drag problem !
In spite of lower interest rates compared to last year, the XIRR for my Grupeer portfolio reached a great 14.81%, up from 14.68%. The cashback campaigns help increasing returns, as most return an immediate 1% cashback.
Once again, my Bondora portfolio lost part of its value, due to too many defaults and not enough recoveries. The XIRR now stands at 6.41%, down from 6.61%. It’s once more the worst result in my whole loans portfolio !
The performance of my Omaraha loans portfolio was very stable in June, at 19.73% (last month’s XIRR was 19.72%). I manage to reinvest most of my funds in partially secured loans yielding 23%, although at the same time I try to keep on withdrawing funds in order to have a more balanced portfolios.
June was a down month for DoFinance‘s performance; it decreased from 10.69% to 10.55%.
XIRR for my Robocash portfolio stood at 11.60% at the end of June, slightly down from 11.67%.
Recently, Investly added a few loans that yielded higher interest rates than usual; it allowed my performance to improve slightly, reaching 7.94% (compared to 7.82% in May).
June was a deceiving month for my FinBee portfolio; the XIRR decreased severely, from 12.74% to 12.46%. Also, auto-invest in this platform is currently unable to invest in business loans; the situation hasn’t changed in 2 weeks, which is a bit worrisome !
The performance of my Monestro portfolio increased in June, from 7.45% to 7.71%.
June was a great month for my Crowdestor portfolio; the XIRR increased from an already great 15.53% to 15.75%. Many new projects were added in June, and I increased my portfolio size again.
Another record month for my Envestio portfolio ! The performance reached 17.23%, up from 17.10%. Unfortunately, there were very few new projects, so I now have some idle funds.
The performance of my Iuvo portfolio increased slightly, from 12.60% to 12.70%.
One of the projects on my small portfolio is late, which brings the performance down. The XIRR is now 9.16%, down from 9.68%.
The XIRR for my Fast Invest portfolio increased from 11.48% to 11.76%; it’s still below the expected value.
I’m honestly a bit puzzled by my Ekassa returns, as the XIRR is down again, at 6.82% (compared to 7.24% in May). I’ll have to dig through the reports to understand the reasons for this bad performance.
The returns for my Kuetzal portfolio keep on increasing; XIRR reached a very satisfying 15.49%, up from 14.61%.
The performance of my Debitum Network portfolio is slowly building up. There’s a new beta version of their website available; it’s a huge improvement from the initial version which was even uglier than Omaraha’s website, so I added this platform to the list of reviews I have to write.
The performance for my PeerBerry platform is very regular; XIRR was 10.31% at the end of June, slightly down from 10.37%.
My Bondster portfolio’s performance is currently rather low, as is often the case with new portfolios. At the end of June, it was 7.51%; I obviously expect it to increase a lot in the next months.
Similarly, the XIRR for my Viventor portfolio is only 7.88%.
Global portfolio performance
My global performance (which is the weighted average of individual XIRR for each platform) was absolutely stable, at 15.44%.
Peer-to-peer lending platforms
Overall the returns for most platforms in this category are rather regular. Omaraha is obviously the best performer, and explains the relatively high global performance of my loans portfolio. On the other hand, the decreasing returns at Bondora (which weighs nearly as much as Grupeer) brings the overall returns down.
Real-estate & business crowdlending platforms
I funded a new account at TFG Crowd; this platform features business and real-estate loans with a large range of interest rates (from 8% to 17%). Many loans are covered by a 30-days buyback guarantee, and the funded businesses are located in several different countries, including UK. Overall I’m rather thrilled by my first interactions with this platform, so I definitively plan on reviewing it in July !