My opinion on Viventor
Nowadays it’s rare to find individual loans yielding 15% !
There’s a large volume of loans available.
The numerous reporting features are both useful and visually appealing.
Most originators offer a buyback guarantee with a 60 days delay, which is a bit long; it can even be as long as 90 days !
Overall, Viventor‘s website is well designed and easy to use.
Viventor’s pros & cons
- Great interest rates
- The website’s ergonomics are great
- The delay for buyback guarantee isn’t the same between all originators
Viventor features only Euro loans. Their interest rates range from 8% to 15%; durations vary greatly, from one month to 5 years.
Most loans come with a buyback guarantee, but there are also unsecured loans. However, these don’t yield more, so there’s little point in investing in them.
Viventor’s loans originators
As I’m writing this review in June 2019, there are 20 originators available; this allows investors to get a very satisfying diversification.
For each of them, investors can learn about the details of the buyback guarantee, the skin in the game (which is the percent of the loan kept by the originator), and in many cases access financial statements.
The buyback guarantee covers both principal and interests. It usually triggers after 60 days, but this delay is 90 days for several originators. Viventor‘s FAQ mentions a 30 days delay, but currently I couldn’t find an example of an originator with such a short delay.
One variation of the buyback guarantee is the payment guarantee; it guarantees that the interests and principal will be repaid in time. In terms of cash-flow, it’s slightly more convenient than the standard buyback guarantee.
As usual, loans covered by a buyback guarantee (or payment guarantee) are indicated by a shield icon.
Viventor features a secondary market that’s free of charge.
Manual investing is convenient. The available loans list can easily be filtered by common criteria such as duration, interest rate, presence of buyback guarantee…
Many details are provided about the loans; while I doubt that many investors actually read them (as they’re much more standard than speculative business or real-estate loans provided by Crowdestor, Envestio or Kuetzal), it’s always great to have access to a lot of data.
Viventor’s auto-invest feature
In spite of the large number of available criteria, the auto-invest is easy to configure.
A few aspects could be improved, though :
- It’s not possible to filter by buyback delay
- The design make it hard to verify if all possible entities (countries, originators) are selected
- The screen doesn’t show how many loans match the current criteria
While few investors will use this feature, it’s possible to configure multiple auto-invest.
Website’s ease of use
Available languages & translation quality
Viventor‘s website is only available in English; the English translation is excellent.
Viventor’s registration process
Although there’s a KYC (Know Your Costumer) check that requires to upload an identity document, an utility bill and a tax residence certificate, the registration is quickly processed. My tax residence certificate currently appears as invalid, but it doesn’t prevent me from investing.
It’s only possible to add funds via a SEPA transfer. The funds are available in your Viventor account within 2 days, which is the standard delay.
Website’s design and ergonomics
The design of Viventor‘s website is simple but very readable; it’s also very easy to navigate.
Even on a mobile phone, browsing the site is a pleasure; the only real inconvenience is the lateral menu, which doesn’t automatically hide after selecting an item. Another slight improvement would be to improve the layout of the auto-invest list, which requires to scroll horizontally before you can edit your settings.
Viventor‘s reporting is rather impressive. The common features (account statement, investments list) are present and offer the opportunity to download data as an Excel file.
In addition, you can very easily visualize the diversification of your portfolio by country or loan originator, or check the overall interest rates. There’s even a cash-flow graph; unfortunately it only shows the next month, as the date range can’t be customized.
There’s a very detailed FAQ available, broken down by topic for easier reading. I also appreciate the already mentioned page about the loans originators !
Should you need to get in touch with the platform, there’s a chat box available in addition to the standard opportunity to send an e-mail.
I used the latter option to get in touch with Viventor‘s support as I stupidly made a typo in my middle name. They answered very quickly and immediately fixed my mistake. Overall it was a very satisfying experience !
Communication from the platform
Investors may choose the frequency of the account summary : daily, weekly and/or monthly. Other than that, I didn’t receive any e-mail from the platform yet; investors thus shouldn’t fear that they’ll drown under unwanted e-mails.
Actual performance of my Viventor portfolio
My portfolio is too young for me to compute realistic returns. I’ll be able to do so in July.
Viventor’s main competitors
The auto-invest feature at Mintos is often seen as too complicated by beginner investors. Viventor offers them the opportunity to earn comparable returns with ease.
Viventor’s facts and figures
Number of investors5 701
Loans amount financed€ 86 130 824
As of June 2019
Who can invest
Viventor is open to both: individuals and companies. To qualify as an investor, it is required to:
- Possess a bank account in one of the countries of the European Economic Area (European Union, Norway, Iceland and Liechtenstein);
- Be at least 18 years old;
- Provide a copy of your identification documents to Viventor.
Please note that this review may contain affiliate links. It means that I will earn a commission if you decide to invest after clicking through the link – at no additional cost to you, of course -. Please understand that I have experienced all of these companies, and I recommend them because they are helpful and useful, not because of the commissions I make if you decide to invest through my links.