Crowd-lending portfolio review for October 2019

Website changes

This month, I took the time to update my comparison of business and real-estate crowdlending platforms; I added TFGcrowd, Monethera and Wisefund and updated data for other platforms.

I’m also trying to keep track of the ratings update in order; this month, I decreased Flender‘s rating – because of the low loans volume -, and increased Wisefund‘s rating – in order to match Monethera’s and TFGcrowd’s. I’m tempted to increase Monethera‘s rating to 4 stars as I really appreciate the platform’s performance and loans diversity, but it’s still a bit early to do so as my portfolio is only 6 months old.

PeerBerry

Many months after I funded my PeerBerry account, the review is finally here !

Performance-wise, it’s slightly below Swaper and Robocash. While the usability isn’t as great as for Swaper’s website, it’s much better than Robocash’s; moreover, this platform doesn’t suffer from the cash drags which used to plague these two competitors. In addition, there are many loan originators available, making it easy to diversify your portfolio.

Noteworthy news from the crowdlending world

In case you missed them, here’s a summary of the important news you should be aware of.

Fast Invest

A long-standing (and justified) critics towards Fast Invest is the lack of disclosure of loan originators. However, this is starting to change; they revealed the name of their new originator, Kviku from Russia.

Grupeer

Another loan originators-related news, from Grupeer this time; the platform released their first originators ratings. Unfortunately, their IT team being what it is, it’s currently impossible to use this rating as an auto-invest criterion, and it’s not even displayed in the loans list. They plan a full integration in December.

Individual platforms performance​​

As I previously announced, I don’t detail variations for every platform anymore. Only notable variations or noteworthy changes on the platform are commented.

Graphical overview

Bondora

4.90%

Want to spook your fellow investors for Halloween ? Just dress up as Bondora’s performance 🙁 My XIRR reached an all-time low at 4.90%, down from 5.31%.

Bondster

9.63%

Is my Bondster portfolio finally picking up ? The performance went up a lot, from 8.21% to 9.63%.

BulkEstate

6.99%

As interests start to kick in, my BulkEstate performance is slowly building up. It now stands at 6.99%, up from 6.77% in September. Several new projects were introduced in October, although with somehow lower rates than for previous investment opportunities.

CrowdEstate

5.40%

One of my loans at CrowdEstate seems to be about to default; it will be interesting to see how this even is handled. In terms of performance, I’m still waiting for interests from my first real-estate investments to kick in, so my performance decreased from 5.57% to 5.40%.

Crowdestor

15.97%

After increasing for several months in a row, the performance of my Crowdestor portfolio finally decreased a bit. The reasons for this are the fact that I wired money ahead of time, and also the reimbursement schedule for several investments, which will only reimburse interests after 6 months.

As the platform released many new interesting projects, I once more added funds – and will keep on doing so in November -.

Debitum Network

9.22%

In October, the performance for this portfolio increased greatly again; it went from 8.53% to 9.22%. Writing a review for Debitum Network has been on my TODO list for a long time; with the performance reaching a satisfying level, I have no more excuse to delay it.

Envestio

17.33%

The performance of my Envestio portfolio is very once more stable; it was 17.30% in September, and 17.33% in late October. There were new projects, so the situation is rather satisfying in terms of diversification.

Fast Invest

12.58%

Yet another up month for Fast Invest ! The XIRR reached 12.58%, up from 12.38%. As it’s getting closer to the theoretical value of 13%, it may not increase much anymore.

FinBee

11.79%

While my portfolio’s value suffered a large (and unexplained) decrease last month, it was compensated this month. My XIRR jumped similarly, from 11.59% to 11.79%.

The platform has introduced a new KYC check and I had many troubles identifying properly. It has greatly upset me, and I decided to start a long overdue re-balancing between my P2P portfolios – which will lead to a large decrease of my FinBee portfolio. See below for more details.

Flender

7.02%

A few projects were introduced in October at Flender. In spite of this, my portfolio is still feeling the effects of the lack of high-yielding projects; the XIRR decreased from 7.19% to 7.02%.

Iuvo

12.53%

My Iuvo portfolio had a slightly lower performance in October; it was 12.53%, down from 12.61%

Kuetzal

16.76%

The platform introduced two interesting projects in October. My XIRR was very stable, at 16.76%. I plan to increase this portfolio’s size slightly again.

Lenndy

3.27%

As my Lenndy portfolio is very recent, its performance is very low, at 3.27%.

Mintos

13.29%

Interest rates increased a bit in October at Mintos, reaching 11.5% for quality loan originators. Performance-wise, it was a very stable month, as my XIRR ended up at 13.29%, very close to last month’s 13.30%.

Monestro

7.04%

Again, there’s been no loan at Monestro, so my performance dropped heavily, from 7.38% to 7.04%.

Monethera

18.84%

In October, my Monethera portfolio confirmed its excellent performance from previous month; the XIRR stood at 18.84%, very slightly down from last month’s 18.88%. One project was fully reimbursed, which increased my confidence towards this platform; I will thus keep on increasing this portfolio’s size.

PeerBerry

11.62%

The XIRR for my PeerBerry jumped sharply from 10.19% to 11.62%; I expect it to increase a bit more.

ReInvest24

1.36%

As ReInvest24 takes a 2% fee on investments and most projects don’t yield interests monthly, my XIRR was negative for several months. In October, after interests were paid, the performance finally climbed above zero, reaching 1.36%. ReInvest24 is one of my scheduled reviews, and I plan to keep on growing this portfolio.

Robocash

11.78%

The performance of my Robocash performance decreased slightly, from 11.89% to 11.78%. The loan supply doesn’t seem to be impacted by the removal of one originator.

TFGcrowd

15.45%

The XIRR for my recent TFGcrowd portfolio increased from 14.04% to 15.45%, still below its theoretical value as I wired a large amount ahead of time.

ViaInvest

8.12%

As I funded my ViaInvest portfolio again recently, it didn’t yet have time to reach its optimal performance. The XIRR is currently 8.12%, up from 5.06% in September.

Viventor

14.32%

Another excellent performance for my Viventor portfolio ! It increased from 13.73% to 14.32%; I actually tripled-checked this figure as it doesn’t seem to match my loans, but it seems to be correct.

Wisefund

19.64%

My extremely speculative Wisefund portfolio is currently behaving very well, with an XIRR reaching 19.64%, up from 11.20% last month.

Global portfolio performance

13.85%

My current global XIRR (which now includes all platforms) stands at 13.85%; it’s up from last month’s 13.76%. In spite of the decreasing performance at Bondora, the excellent returns of my real-estate and business crowdlending platforms helped boost my overall returns.

Peer-to-peer lending platforms

13.92%

Once again, Bondora‘s terrible performance lowers the returns for the whole category. Indeed, the XIRR decreased from 14.01% to 13.92%.

Real-estate & business crowdlending platforms

13.78%

The excellent performance of the recent additions to my business and real-estate crowdlending platforms (TFGcrowd, Monethera and Wisefund) gave a slight boost to this category’s XIRR; indeed, it increased from 13.47% to 13.78% in October.

Current allocation

As usual, I kept on decreasing the size of my Omaraha portfolio, and increased several speculative platforms (older portfolios like Crowdestor and Kuetzal, as well as the more recent Monethera, TFGcrowd and Wisefund).

As mentioned above, after the debacle of the KYC check at FinBee, I decided to greatly decrease this portfolio’s size; I’ve been considering a large re-balancing between my individual loans portfolios for a long time, so this is finally the opportunity to do it. Indeed, while I allocated rather large amounts to the first platforms I invested in (Mintos, Swaper, Robocash and FinBee), the next ones sometimes only received a token amount, in spite of great returns. I aim at having a much more balanced (and diversified) allocation, which will mostly lead to a decrease of my FinBee and Robocash portfolios. I expect this process to span over several months.

New platforms

This month, I opened as many as three new accounts, but only managed to fund one.

Iban

I really hesitated before opening an Iban account because of the very low returns (from 3%), but I thought it may interest very conservative investors. I didn’t fund it yet because the instructions are somehow unclear, but I’ll get in touch with the platform on next Monday – a good way to test the support’s quality –

Profitus

Profitus is another real-estate platform I want to test; it looks roughly similar to EstateGuru. Unfortunately, their KYC process is very painful and I didn’t manage to complete it yet. And after being so upset because of FinBee‘s poor design of their identity check, I didn’t want to spend too long trying to figure out how to complete this one; I plan to give it another try later.

Brickstarter

I find Brickstarter very promising; this crowdlending platform deals with real-estate with a special twist. Indeed, they focus on properties that can be lent through Airbnb and other short-term rental websites. The expected performance is around 10%, making it a good complement to EstateGuru for investors who want to invest in conservative real-estate loans.

2 thoughts on “Crowd-lending portfolio review for October 2019”

    • Well, I spent some time with the auto-invest turned off in order to withdraw money, but finally decided against it. Better try and reinvest whatever little interest finally arrives.

      I made a bad decision by investing so much there (mostly because there weren’t many alternatives when I started investing), and it unfortunately looks like it will be a costly one 🙁

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