01 July 2024

June 2024 | PeerBerry portfolio continued to grow

PeerBerry’s portfolio grew to EUR 114.16 million last month (from EUR 113.12 million at the end of May) further ensuring our investors a higher invested amount, a larger share of which was invested in longer-term loans.

The loan supply on the platform was slightly lower in June compared to May. PeerBerry investors funded EUR 47.77 million in loans last month, about 3% less than in May.

In June, our investors received EUR 916 905 in interest.

Last month, 1 387 new investors joined the platform. PeerBerry currently has 85 436 verified users.

Since PeerBerry’s inception, investors have funded over EUR 2.65 billion of loans and earned over EUR 33.38 million in interest.

Ecommoney from Kazakhstan joined the platform

In June, we onboarded Aventus Group lender from Kazakhstan, Ecommoney, who offers our investors to invest in up to 12-month loans on our platform.

We expect more significant growth in the loan supply in Autumn when lending companies issue more loans. We also have a list of companies that we plan to onboard to the platform later this year.

Additional measures to protect investors’ funds

To ensure even higher protection of our investors’ funds, in June, we started applying an additional security measure—each withdrawal request now has to be confirmed by the verification code sent to the investor’s email. The code sent to the investor is valid for one hour. The withdrawal request will be automatically canceled if the investor does not confirm the withdrawal within one hour or fails to type the withdrawal confirmation code correctly several times.

If the withdrawal request is initiated to a newly added bank account, an additional check of the investor’s identity will be conducted. Read more.

If you have any questions, do not hesitate to contact our Client Support.

Thank you for choosing PeerBerry for your investments.