02 July 2023
June 2023 | EUR 65,12 M of loans were funded
PeerBerry investors funded EUR 65,12 million of loans in June and received EUR 819 213 in interest. The amount of funded loans on the platform was 3% higher than the previous month.
PeerBerry’s portfolio amounted to EUR 115,17 million at the end of June.
1205 new investors joined the platform last month. Currently, PeerBerry has 71 335 verified investors.
Since PeerBerry‘s inception, PeerBerry investors have funded almost EUR 1.9 billion in loans.
PeerBerry business partners repaid over EUR 1,8 million in war-affected loans in June. Under the Group guarantee mechanism in 16 months of the war, PeerBerry business partners have already repaid EUR 40,68 million, or 81% of the total war-affected obligations towards PeerBerry investors. PeerBerry will process the further repayment of war-affected loans in mid-July 2023.
In June, PeerBerry business partner CashX from Sri Lanka returned to the platform with short-term loans(11.5% ROI). Last month, PeerBerry also added two new lenders: Cash24 from the Philippines (180-term business loans with 12% ROI) and Onecredit from Kazakhstan (short-term loans with 11% ROI). PeerBerry will continue expanding its business partners network in the second half of this year.
Consider additional opportunities to invest in
The demand on the PeerBerry platform is high, and many investors face the issue of investing all the funds held in the PeerBerry account. To avoid a cash drag, please consider investing part of the funds held in your PeerBerry account in the regulated platform Crowdpear, represented by our team.
On the Crowdpear platform, you can invest in property-backed real estate or business loans (primary mortgage) and earn up to 12% annual interest. Crowdpear offers a Secondary market. The Bank of Lithuania supervises Crowdpear’s activities.
Crowdpear currently has over 2 700 international investors. Crowdpear’s portfolio at the end of June amounted to EUR 1.28 million.
The same shareholders own the PeerBerry and Crowdpear platforms.