29 September 2020
PeerBerry survey | Most of Danes and Dutch are not feeling the effects of the pandemic. The British feel affected the most

The Danes and the Dutch are the least affected by the pandemic – shows PeerBerry investors survey, conducted on September 24-28, 2020. As many as 73% of Danes and 60% of Dutch investors, who took a part in the survey, state that nothing has changed in their lives during a pandemic. According to the survey data, Bulgarians, Germans, Lithuanians, and Finns are also among the least affected investors.

Investors from the UK feel the most affected. Most of them specify that the pandemic made a negative impact on their emotional state and financial conditions. Just 24% of UK investors say they have not experienced any changes.

2,975 investors from 44 countries responded to the survey. Investors from Germany, Spain, Bulgaria, Portugal, Italy, the Netherlands, Lithuania, Romania, Denmark, Finland, and the UK accounted for the largest share in the PeerBerry survey – for more than one hundred investors from each country.


A share of women in the PeerBerry client portfolio accounts for about 25% of all investors. Accordingly, the share of women in this survey also is much lower than men – only 8% of the total respondents.

For most investors, the pandemic had no effect

The majority of almost 3000 investors in the survey state, that nothing has changed in their lives during this pandemic. 26% of them think that pandemic made a negative effect on their emotional state, 22% of investors are concerned about the negative impact on their financial conditions.

Women are more emotionally affected than men. 37% of women in the survey specify that the pandemic harmed their emotional state, while 26% of men admitted to feeling negative effects on their emotions.

However, men were more likely than women to state that the pandemic harmed their finances. 22% of men felt a negative impact on their finances, and only 15% of women pointed out the same.

The share of men and women who does not feel any effect of the pandemic is very similar – 51% and 48% respectively.

Impact of the pandemic by country

According to most investors, a pandemic should be managed with much more stringent measures.  Investors from Spain (76%) and the Netherlands (54%) have a particularly strong position on the pandemic management issue. The majority of investors from the UK, Finland, Portugal, and Romania (43-41%) also agree that more restrictions should be applied to manage the pandemic.

That pandemic is overestimated think most of Romanians (40%) and Bulgarians (35%).

Impact of the pandemic on investment in P2P loans

The majority of surveyed investors (46%) feel calm about their investment in P2P loans and intend to increase their investment in P2P loans. 26% of investors fear the consequences of the second wave of the pandemic, so future investments are viewed conservatively. 28% of investors tend to wait for the situation in international markets to stabilize.

The calmest investors in terms of their investments are in the 25-35 age group.

Investors from the Netherlands and Germany feel the calmest about their investments – more than half of the investors from these countries are optimistic about their investments in P2P loans. Investors from the UK, Lithuania, Romania, Spain, and Bulgaria are also optimistic – about 46-48% of investors in these countries keep a positive approach to investments.

Investors from Spain (36%) and Finland (36%) are most worried about the second wave of the pandemic, while the Dutch are worried the least (17%).

Investors from Denmark (42%) and Portugal (41%) are most keen to suspend investments until the global situation stabilizes. The lowest share of those who plan to suspend investments is among Spanish investors (19%). Spanish investors seem to have a higher risk tolerance – most of them fear the second wave of the pandemic but are the least likely to stop investing. The Danes seem to be some of the most cautious – most Danish investors say they are not feeling the effects of the pandemic, but at the same time, they tend to stop investing until the situation stabilizes.