Welcome, MyCrowdlenders!

Although technically it’s still summer 🏖️, my holidays are over and I’m back to my 9-to-5 job 😢. This implies summer is over for me. What’s more, even though the temperature is boiling in Barcelona, it has been mostly cloudy these last 2 weeks, so the days are not even suitable for the beach (I need blue skies for that!). Conclusion: I’m completely ready for the autumn to come 💪!

The good news is that my money has been very busy working for me during my holidays. Passive income has been just spectacular this month. My crowdlending and crowdfunding returns have rocketed to €729.02, fulfilling 72.90% of my current goal of €1,000 passive income every month. That is an increment of 40.91% compared to the income in July! I’m almost there!

The XIRR in August has reached 13.69%, the highest so far. The invested amount is €46,950.77 and the current value of the portfolio is €49,965.02.

Let me show you all the details!

Crowdfunding and Crowdlending Portfolio: Month Overview

My Crowdlending and Crowdfunding passive income keep growing month by month. But hey man! Look at the incredible increase from July to August 😎:

Accumulated Crowdlending and Crowdfunding Returns until August 2019

Accumulated Crowdlending and Crowdfunding Returns until August 2019

This awesome improvement of my benefits is due to a Crowdestor project that has paid its first interests after some months (more on that later). You can see the increase in the height of the yellow component of the bar:

Accumulated Crowdlending and Crowdfunding Returns until August 2019 with platform contribution detail
Accumulated Crowdlending and Crowdfunding Returns until August 2019 with platform contribution detail

These are the August 2019 figures of all my investments in crowdlending and crowdfunding, ordered by the extended internal rate (XIRR) obtained in the different platforms from highest to lowest:

Table - Crowdlending and Crowdfunding returns obtained in August 2019
Table – Crowdlending and Crowdfunding returns obtained in August 2019

This month I’ve reduced positions in FastInvest (- €519.58) and changed some EUR of my Mintos account to Mexican pesos and Russian Rubles, in order to start investing in that currencies (which offer higher interests). I’ve been charged a €2.50 commission for the currency exchange. Finally, I’ve registered in a new (for me) real estate crowdfunding platform,  Estateguru, in which I’ve deposited €1,000.

The podium of profitability this month is for Kuetzal (which keeps the TOP1 with a terrific XIRR of 18.72% and €75.77 returned). Envestio retains the second position (with a 17.29% XIRR and a total of €92.81 profit). And Crowdestor, with an XIRR of 15.85% and €278.32 returned bursts into 3rd place relegating Grupeer to the 4th position. Mmmm, have I ever told you I just love Crowdestor 😍?

Let’s go for the detailed analysis of the performance of each crowdlending and crowdfunding platform!

Kuetzal

For the second month in a row, Kuetzal conquers the TOP 1 position. This young crowdfunding platform outstands by the high-interest rates offered and the punctuality of its payments. In August the XIRR has increased to 18.72% (it was 17,92% in July). It has returned €75.77:

Kuetzal Income until August 2019
Kuetzal Income until August 2019

Below you can see my overview panel as of 31/08/2019:

Kuetzal overview panel as of 31/08/2019
Kuetzal overview panel as of 31/08/2019

And these are the last projects I’ve invested in:

Last Investments I've made in Kuetzal until August 2019
Last Investments I’ve made in Kuetzal until August 2019

If you want to invest, consider registering using this link, and you will earn an additional 0.5% of all your investments made within 180 days.

Envestio

My current investments in Envestio produce punctual and steady payments with the highest returns ever: the XIRR in August raised to 17,29%

Envestio Income until August 2019
Envestio Income until August 2019

But there is a serious lack of projects on this platform lately. And I hate it. Only 2 new projects were published in August, and this produces undesirable cash drag in my account. And the offer of new projects is so small, that when one is published it’s funded within minutes. So you have to really hurry up! Nevertheless, I managed to invest in the two new projects published in August 💪!

Some of my Active Investments in Envestio as of 31/08/2019
Some of my Active Investments in Envestio as of 31/08/2019

Finally, take a look at my current account balance and my investments’ repayment schedule for the first days of September:

Envestio Overview Panel as of 31/08/2019
Envestio Overview Panel as of 31/08/2019

Crowdestor

In August Crowdestor has jumped from the 8th to the 3rd position. As I told you in previous updates, some of the projects in this platform don’t pay interests for the first months. And then, one day you get all the accrued interests from that particular project. And that’s what has happened to me in August: a single project returned €195 for the accrued interests for the first 6 months! Boom!

Crowdestor Income until August 2019
Crowdestor Income until August 2019

In total Crowdestor has paid €278.32 in August, and the XIRR raised to 15.85% (it was only 10.52% until July). Although my heart is divided between Crowdestor and Kuetzal, today I can still say  Crowdestor is my favorite crowdfunding platform.

This is my overview panel as of 31/08/2019:

Crowdestor Overview Panel as of 31_08_2019
Crowdestor Overview Panel as of 31_08_2019

So far I’ve invested in 20 different projects (notice that I’ve made more than one investment in some of them). Take a look at the latest ones:

Some of my Active Investments in Crowdestor as of 31_08_2019
Some of my Active Investments in Crowdestor as of 31/08/2019

If you decide to invest in  Crowdestor, consider registering using this referral link, to help me maintain the blog online.

Grupeer

This is the first month for Grupeer outside the TOP3. Sad, isn’t it? However, its performance has been excellent. It has returned €70.20, which increases the XIRR to 14.23%, even higher than the obtained in July.  It’s been more than one year since I started investing through Grupeer, and I’m really satisfied. Great interests above 13%, a very detailed website, and payments are always punctual. 

Grupeer Income until August 2019

Grupeer Income until August 2019

Take a look at my overview panel as of 31/08/2019:

Grupeer Overview Panel as of 31_08_2019
Grupeer Overview Panel as of 31/08/2019

You can read my complete and updated Grupeer review here in order to learn more about this great crowdlending platform.

FastInvest

FastInvest descends one position to the 5th place. In August returned €31,17 and had an XIRR of 13.28%

FastInvest Income until August 2019
FastInvest Income until August 2019

Although I am really happy with FastInvest‘s performance, in July I took the decision of reducing my exposition until they decide to disclose the loan originators they work with. With the €519.58 that I’ve withdrawn this month (quick and easy, by the way), I’ve reduced my investment in this platform from €3,000 to €2,150 in just one month. I think I will stop at €2,000.
But the truth is I’m looking forward to them unveiling who their loan originators are, because I really like the platform in every other aspect and would love to increase my investments

This is my FastInvest statistics panel as of 31/08/2019:

FastIvest Statistics Panel as of 31/08/2019
FastInvest Statistics Panel as of 31/08/2019

And finally, take a look at my overview panel dated 31/08/2019:

FastInvest Overview Panel as of 31_08_2019
FastInvest Overview Panel as of 31/08/2019

Viainvest

Viainvest descends one position, to the 6th place. The XIRR of 12.59% is identical to the one obtained in July. This month has returned €10.03.

ViaInvest Income until August 2019
ViaInvest Income until August 2019

I’m very satisfied with this platform, it’s a great option to diversify my crowdlending investments:

ViaInvest Account Balance as of 31/08/2019
ViaInvest Account Balance as of 31/08/2019
 
ViaInvest Account Summary as of 31/08/2019
ViaInvest Account Summary as of 31/08/2019

Mintos

This month Mintos occupies the 7th position in the profitability table. The most popular European crowdlending platform has performed very well in August: €52.54 returned and an internal rate of return of 12.10% (11.53% in July). 

Mintos Income until August 2019
Mintos Income until August 2019

However, something has changed since the last week of August: loans in EUR with interests above 12% have completely vanished. And it’s complicated to find even loans returning more than 11.5%. As of 31st July, my weighted average interest rate was 15.02% (according to the platform). If you look at the statistics as of 31st August, it has dropped by 1.5%:

My Mintos EUR Loan Interest, Duration and Loan Distribution Summary as of 31/08/2019

My Mintos EUR Loan Interest, Duration and Loan Distribution Summary as of 31/08/2019

And it’s getting lower every day.

And that’s the reason why I’ve decided to start investing also in Russian rubles and Mexican pesos. The loans listed in rubles come with an interest rate ranging from 16.0% to 18.0%. Those listed in pesos come with an interest rate of 18%. So I’ve been exchanging the paid interests and returned principal of my finished EUR loans to those currencies, and investing in those more profitable loans. And even the loan originators are much better rated (A and B)!

My Mintos RUB Loan Interest, Duration and Loan Distribution Summary as of 31/08/2019
My Mintos RUB Loan Interest, Duration and Loan Distribution Summary as of 31/08/2019

My Mintos MXN Loan Interest, Duration and Loan Distribution Summary as of 31/08/2019

My Mintos MXN Loan Interest, Duration and Loan Distribution Summary as of 31/08/2019

Which are the advantages? More diversification, higher returns, and better-rated loan originators.

And the drawbacks? First, you have to pay a commission for the currency exchange (0.7% from EUR to RUB, and 1.25% from EUR to MXN; and the same to go back to EUR). And second, your investments become exposed to currency fluctuations. I’ve decided to take that risk, and I will be blogging about my progress.

Below you can take a look at my Overview panels. Notice that now I ave three different panels, one for each currency:

Mintos EUR Overview Panel as of 31/08/2019
Mintos EUR Overview Panel as of 31/08/2019

Mintos RUB Overview Panel as of 31/08/2019Mintos RUB Overview Panel as of 31/08/2019

Mintos MXN Overview Panel as of 31/08/2019Mintos MXN Overview Panel as of 31/08/2019

By now, the panels in RUB and MXN aren’t of much interest, since haven’t paid any interest yet.

And this is my account statement for August 2019 (only the one in EUR, the other two are irrelevant by now):

Mintos August 2019 EUR Account Statement
Mintos August 2019 EUR Account Statement

You can read my updated Mintos review here if you want to learn more about this platform.

Robocash

Robocash, the easiest and most automatized platform in the market descends to the 8th position. If you want to start investing in crowdlending but do not want complicated platforms, sign up for Robocash. Once the initial setup is done, the passive income keeps coming without you having to spend a single second in managing or controlling your investments. Simply easy and without any cash drag. In August I’ve received €21.98, and the XIRR has raised to 11.53% (it was 11.38% in July).

Robocash Income until August 2019
Robocash Income until August 2019

And this is my overview panel as of 31/08/2019:

Robocash Overview Panel as of 31/08/2019
Robocash Overview Panel as of 31/08/2019

If you want to know more about Robocash you can read my complete and updated review here.

PeerBerry

In the 9th position, we find PeerBerry. It’s a very robust platform with a long trajectory: a very good option to diversify any crowdlending portfolio. This month it has returned €9.34, making the XIRR rise to 11.12% (it was 11.09% in July).

PeerBerry Income until August 2019
PeerBerry Income until August 2019

Take a look at my account summary as of 31/08/2019:

PeerBerry Overview Panel as of 31/08/2019
PeerBerry Overview Panel as of 31/08/2019

Lenndy

The performance of Lenndy improved in August. The fact is that most loans in this platform end up being repurchased by the loan originator after the grace period. That makes one month you get low returns (because most loans are delayed and don’t pay interests) and the next month the income is much bigger (because those loans are bought back by the loan originator since almost all of them come with a Buyback Guarantee).

This month I received €12.04, and the XIRR raised to 10.62% (9.84% in July).

Lendy Income until August 2019
Lendy Income until August 2019
Lenndy Overview Panel as of 31/08/2019
Lenndy Overview Panel as of 31/08/2019

As long as the XIRR keeps around 10% I will maintain my investments in Lenndy for diversification purposes.

Swaper

Swaper‘s XIRR continues its upward trend, reaching 10.29% (it was 9.71% in July and 9.02% in June). With all my new purchased loans issued at 14% (thanks to the Loyalty Bonus), I’m sure Swaper will jump to higher positions in the table in the upcoming months. In August I got €54.03 passive income from Swaper.

Swaper Income until August 2019
Swaper Income until August 2019

Below you can take a look at my Swaper overview panel and account statement:

Swaper Overview Panel as of 31/08/2019
Swaper Overview Panel as of 31/08/2019

Swaper August 2019 Account Statement

Swaper August 2019 Account Statement

In case you are interested in knowing more about Swaper, please read my 2019 complete review.

Crowdestate

Bad news from Crowdestate also in August.

The two projects which failed to follow the payment schedule in July (Baltic Forest OÜ VIII and Baltic Forest OÜ IX) were expected to make their payments no later than 23/08. Finally, interests were deposited on the 23rd and 29th of August respectively. But things got worse, as Baltic Forest OÜ has delayed also all the payments scheduled for August, that will be paid no later than October 20th 😭. This issue affects now three of my investments: Baltic Forest OÜ VIII, IX, and X. Lesson learned for the future: do not invest in more than one round of the same project.

Another project, H.M. Seafood OÜ (II), is experiencing cash flow problems and as a result principal and interest payments scheduled for August and September will be made no later than the 9th of October 😭. According to Crowdestate website, the reason for the late payment is monthly collective vacation since Midsummer. Production and deliveries started last week of July, and with a payout deadline of up to 45 days for customers, Sponsor’s cash flow will be back on track by mid-September. From there, they expect payments to investors will be made according to the schedule. We’ll see if it’s true!

And yet another delayed project’s payment: Veskimöldre 2 (II). The interest payment scheduled for 31.08 will be made no later than 04.09. No big deal, if really paid on that day.

But even though with all these delays, the accumulated XIRR is 8.61%, and this month I’ve got €15.46.

Crowdestate Income until August 2019
Crowdestate Income until August 2019

As you may have already guessed, I have no intention of increasing my investment in Crowdestate at the moment. At least, not before all these problematic projects go back on track again.  

Reinvest24

Another month of monotony in my Reinvest24 portfolio: I’ve invested only in 4 properties so far, and just two of them are already paying interests. Take a look at the last transactions:

Reinvest24 new Transactions and Overview Panel as of 31/08/2019
Reinvest24 new Transactions and Overview Panel as of 31/08/2019

This month I’ve received €5.12, and the XIRR has risen to -0.33% (it was -1.23% in July).
Blame the commissions charged by the platform!

A new platform in my crowdlending portfolio: Estateguru

At the end of August, I signed up in a new crowdlending platform: Estateguru. It claims to be the leading European marketplace for short-term, property-backed loans. They connect developers, businesses and private individuals with investors, enabling them to raise the necessary capital to finance their projects or to borrow against a professionally valued property. To date, Estateguru has more than 19,000 investors from 109 countries earning an annual average interest rate of 12.27%.

All the reviews and information I’ve found about them is very positive. I’ve invested a total of €1,000, and during the first days of September, I’ve started building a pretty diversified investment portfolio. You can invest from €50 and there are quite a lot of projects available. Stay tuned because I’ll be detailing my experience with Estateguru

See you next month!

Thank you for having reached the end of my crowdfunding and crowdlending portfolio update, dear visitor. I hope you found it interesting!

If you haven’t done it yet, why don’t you follow me on twitter?

And please remember: if you have any question or want to make a suggestion for a new platform to review, don’t hesitate and tell me in the comments!

See you in my next update, MyCrowdlenders!

6 Responses

  • Fantastic work and fantastic portfolio performance!

    Keep it up mate! It is amazing to see how high XIRR you are able to achieve in some of the P2P-platforms. I’ll have to adopt your strategy in the future and I’ll document my results in my blog.

    – Financial Nordic

  • Great progress!

    Sure fun to get those bi-annual interest payment kicks from Crowdestor.

    I also am loving Kuetzal, and increasing my stake.

    But it’s necessary to keep cool and diversify!

    Doing a great job, keep it up!

    • Thanks Eelis for passing by my blog!
      Glad to see you are also doing very well with your investments (I’ve read your September update 🙂 ).
      Yes, diversification is crucial. That’s why I’ve signed up in yet another platform this month.

  • Hi Carlos!
    What a great month. Crowdestor is really kicking goals for you!
    Do you have any other projects through Crowdestor that will provide large amounts of interest over the next few months, or do you expect your combined interest to be back around €500 – €600 next month?
    Matt

    • Hi Matt! Yep, I have some other projects in Crowdestor that will boost my passive income in the next future. But not the next month: I expect 520-540 in October.
      Carlos

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