February is gone and it’s time to check the performance of my crowdfunding and crowdlending portfolio for this month. I have obtained an income of €131.31, which represents an increase of 70,37% compared to January 2019 (when I got €77.07). Thus, in February 2019 I managed to reach 26.26% of my first goal of €500 per month. Wow! I’m really impressed… and happy!

The average annualized return for this month is 12.18% (slightly lower than the 12.33% I obtained in January). The whole invested amount is € 20,915.77 €. Let’s go to the details!

Crowdfunding and Crowdlending Portfolio: Month Overview

First, have a look at the summary evolution table, with the current stats of all the platforms that make up my crowdfunding and crowdlending portfolio:

PlatformInvestmentInitial Value 01/02/2019DepositsReturnCashback/
Commission
Final Value 28/02/2019XIRR
Grupeer3.500,00 €2.476,88 €1.101,87 €35,81 €- €3.614,56 €15,15%
Mintos1.500,00 €1.552,99 €- €14,74 €0,48 €1.568,21 €14,09%
Crowdestor2.500,00 €- €2.500,00 €16,30 €- €2.516,30 €13,44%
Swaper1.100,00 €1.139,02 €- €9,68 €- €1.148,70 €12,12%
Robocash1.500,00 €1.541,56 €- €13,07 €- €1.554,63 €12,09%
FastInvest2.000,00 €1.000,00 €1.000,00 €10,72 €- €2.010,72 €11,79%
Envestio4.500,00 €3.005,00 €1.500,00 €22,49 €7,50 €4.534,99 €11,39%
PeerBerry950,00 €958,03 €- €7,45 €- €965,48 €11,04%
ViaInvest1.000,00 €- €1.000,00 €1,05 €- €1.001,05 €1,43%
Lenndy720,00 €- €720,00 €- €- €720,00 €N/A
Reinvest241.145,77 €- €1.145,77 €- €-22,47 €1.123,30 €N/A
Kuetzal500,00 €- €500,00 €- €- €500,00 €N/A
TOTAL20.915,77 €11.673,49 €9.467,64 €131,31 €-14,49 €21.257,95 €12,18%

At the end of January 2019 (29/01/2019) I opened positions on FastInvest (with €1,000) and Envestio (with €1,500). In February I’ve incremented my investments in both platforms, reaching €2,000 and €4,500 respectively. These two platforms have already returned some very attractive returns, and I think it was a really interesting addition to my portfolio!

February has been a very active month in registering at new platforms as well: I’ve added Crowdestor, Viainvest, Lenndy, Reinvest24, and Kuetzal to my portfolio of crowdlending and crowdfunding investments. None of them, except Crowdestor, have given any returns yet.

Analysis of benefits

Crowdlending and Crowdfunding Returns February 2019
Crowdlending and Crowdfunding Portfolio Returns Chart

February has been an awesome month. The new platforms I invested in at the end of January have returned €10.72 (FastInvest) and €22.49 (Envestio). Another new platform, Crowdestor, has already returned €16.30, and ViaInvest has made its first €1,05. The rest of the newcomers haven’t had any benefit yet.

By ordering the table according to the returns obtained in the different platforms, from highest to lowest, we have:

Ranking of Returns in Crowdlending and Crowdfunding platforms February 2019

Once again Grupeer is the undisputed leader, with 15.15% annual net return (slightly lower than its performance in January, I guess it’s because February is shorter). In the podium, we also find Mintos with a gorgeous 14.09% annual net return. And in the third place, we have the newcomer Crowdestor, with 13.44%.

Down in the table appear Swaper and Robocash, performing a little bit better than in the previous month, both slightly above 12%. Next, we find Envestio, which is one of the available crowdfunding platforms with the highest returns. I’m expecting returns over the 16-17% in the following months. In February it has performed with a modest 11.79% just because only 2 of the 6 projects I’ve invested in have paid interests this month.

This month I have started to invest in four new platforms very well considered by the Crowdlenders community: Crowdestor, Viainvest, Lenndy, and Reinvest24. I’m looking forward to seeing how they behave when they begin generating the first profits. I’ve also joined Kuetzal a quite new crowdfunding platform with very interesting projects returning from 15% to 20%. Stay tuned to see its performance in the next months.

Grupeer

Once again Grupeer stands out for its excellent performance, generating a total of €35.81. The payments on this platform, for the moment, are always punctual.

Grupeer Income until February 2019
Grupeer Income until February 2019

I am so satisfied with Grupeer‘s performance, that I have increased my investment in February by €1,101.87, reaching a total of €3,500. This is my overview panel dated 01-03-2019:

Grupeer Overview Panel dated 01-03-2019
My Grupeer investments overview on 1st March 2019

You can read my complete Grupeer review here.

Mintos

Mintos enters the top 3 this month, reaching the second position. The €14.74 obtained makes an internal rate of return of only 14.09%:

Mintos Crowdlending Income until February 2019
Mintos Income until February 2019

I don’t understand how Mintos calculates the accrued interests in those loans which terminate prematurely or finish late. I don’t agree with the interests paid for some finished loans which have been repurchased. From the 490 loans in which I participated that had finished by the 1st of March 2019, 446 were repurchased for whatever reason (early repayment, agreement prolongation, agreement amendment, agreement termination, buyback, etc.). In 38 of them, the paid interests differ considerably from the amount I was expecting. In the following table the loans with the biggest difference between expected interests and actually paid interests are listed below:

MINTOS Calculated interests vs actually paid interests
MINTOS Calculated interests vs actually paid interests

I haven’t found a pattern in order to avoid this problem in the future. I’ve asked Mintos support team and I’m still waiting for an answer. I’m pretty sure it’s Mintos’ mistake (I don’t know if done on purpose or not). Fortunately, I always invest no more than €20 in every loan, and thus I haven’t been affected too much (the accrued interests not paid amounts to €2.36 in the 6 months I’ve been investing with Mintos. But… what if I had invested 10,000€ in the first loan of the table? I would have received just €90 instead of €274 and I would be terribly angry!

Regarding the buyback guarantee, I sent my question to the Mintos support team on 13th February 2019. I copied a paragraph of their FAQs and included it in my e-mail:

“4.  For certain loans, the loan originator has provided a buyback guarantee, which means that if the loan is delayed by more than 60 days, the loan originator repurchases the investment for the nominal value of the principal and the accrued interest till the date of repurchase.

Guess what? Surfing today Mintos website, I’ve realized that the design of FAQs has changed, and so has changed the given information regarding buyback guarantee. Now, under ‘Investing’ you can find:

  • What is a buyback guarantee and how does it work?

    A buyback guarantee is a guarantee issued by the loan originator to the investor for a particular loan, that confirms the loan originator will repurchase the loan from the investor if that particular loan is delayed by more than 60 days. The buyback guarantee is given at an individual loan level and is marked by Portfolio Update: An Exciting February 2019 1. If a loan with a buyback guarantee is delayed by more than 60 days, the loan is automatically bought back by the loan originator from the investor at the nominal value of the outstanding principal, plus accrued interest income.

The information is now much more imprecise.

This issue (and especially the fact that I haven’t got an answer from the support team even though I’ve written them twice) have prevented me from increasing my investments in Mintos. Should I get an answer, I would update the post. And maybe then I’ll increase my position.

You can read my complete Mintos review here.

Crowdestor

In February I found a quite new crowdfunding platform based in Tallinn, Estonia, called Crowdestor. After reading lots of reviews, I decided to register and began to invest in some projects. So far I’ve invested €2500 in two projects:

My Crowdestor crowdfunding portfolio by 01/03/2019
My Crowdestor crowdfunding portfolio by 01/03/2019
Crowdestor transactions in February 2019
Crowdestor transactions in February 2019
Crowdestor overview panel by 01/03/2019
Crowdestor overview panel by 01/03/2019

The energy production plant project has already returned €16.30 this month, and that makes an XIRR of 13.44% and places Crowdestor in the third place of February classification.

Swaper

Swaper continues performing very well in my crowdfunding and crowdlending portfolio. Even though some times my investments in Swaper suffer from cash drag, the XIRR is above 12%. And that’s great! This month I’ve received €9,68:

Swaper Income until February 2019
Swaper Income until February 2019

 

Take a look at my February account statement:

Swaper account statement by 01/03/2019
Swaper account statement by 01/03/2019

 

Robocash

February has been a good month for Robocash. The invested €1,500 have generated €13.07, and that’s a 12,09% XIRR. It keeps bringing an effortless investing experience to my crowdlending portfolio, with a fixed 12% interest rate and no cash drag at all.

Robocash Income until February 2019
Robocash Income until February 2019

 

This is my summary panel by 04/03/2019:

Robocash Overview Investment Panel by 04:03:2019
Robocash Overview Investment Panel by 04/03/2019

You can read my complete Robocash review here.

FastInvest

I began investing in FastInvest in January 2019. My impressions so far are really good. I’ve contacted the support team to ask a few questions and they have been quick and accurate in their answers. And I love the website! The first loans have finished and the interests have been paid punctually: €10.72 that makes an XIRR of 11.79%. I’m pretty sure the annual return will increase in the following months. In February it has been below 12% because I made a €1,000 deposit on the 20th of February, and that penalizes in the XIRR calculation.

Fastinvest Overview Investment Panel by 01/03/2019
FastInvest Overview Investment Panel by 01/03/2019

I plan to increase my investments in FastInvest in March.

Envestio

This crowdfunding platform came into my crowdfunding and crowdlending portfolio in January. Since then, I’ve been continuously increasing my positions, hitting €4,500 by the end of February. I have great expectations with Envestio. We will see if they are fulfilled. You can find my Envestio overview panel and the repayment schedule:

Envestio overview panel and repayment schedule by 01/03/2019
Envestio overview panel and repayment schedule by 01/03/2019

This month 2 projects (EN018081 and EN018082) have paid interests, making a total €22.49. If you take a look at the schedule above, with the 6 projects I’ve already invested in I’ll be receiving around €49 per month. I hope everything goes well and the projects follow the repayment schedule. Here you can see the main stats of these projects:

My investments in Envestio crowdfunding platform by 01/03/2019
My investments in Envestio crowdfunding platform by 01/03/2019

Today I’ve ordered a €1,000 bank transfer to Envestio in order to increase my investments in new projects. I like the idea of financing businesses while making my money work for me. It’s a win-win solution that helps companies develop.

PeerBerry

I’ve been investing in PeerBerry since December 2018. During this months its performance has been quite modest. I keep on seeing a lack of loans, and sometimes I have to invest manually to avoid cash drag. However, I think it’s a good option to diversify my crowdlending portfolio and I’m not planning to withdraw my money (yet).

PeerBerry Incomen until February 2019
PeerBerry Income until February 2019

 

This is my account statement for February:

PeerBerry Account Statement February 2019
PeerBerry Account Statement February 2019

 

Recent Registrations: Viainvest, Lenndy, Reinvest24, and Kuetzal

In February I’ve registered in four new platforms in order to diversify my crowdfunding and crowdlending portfolio. None of them have paid interests yet (except for the €1.05 generated by ViaInvest), so I don’t have information to analyze its performance. Stay tuned to see how they behave in the following months. Spoiler alert: Reinvest24 charges a commission! To be more specific, they have charged 22,47 € when investing €1,145.77 (2%). We’ll see if it’s worth it.

Until next month!

I’m looking forward to seeing how the new platforms joining my crowdfunding and crowdlending portfolio perform in March. February has been an exciting month, surpassing the €100 per month in passive income for the first time. But I’m sure March will be even better since I’ve been registering and investing in new platforms. And also increasing my investments in those platforms which have been performing best. Step by step towards financial freedom!

2 Responses

  • Hi Carlos,

    welcome to the blog-o-sphere, and thanks for sharing your crowdlending adventure(s) with us!
    I’m investing in a lot of the same platforms as yourself. I really like the (on paper) high and reliable passive income source that it has so far proven to be!

    I’m curious though: You’ve invested more than €10.000 in february. How much cash are you sitting on? And how much do you plan to put in crowdlending? Everything? Or do you plan to diversify into other assets as well?

    Thanks!

    • Hi Nick!
      Thank you very much for your welcome!
      I plan to invest in crowdlending a maximum of € 30,000, and then reinvest all the returns. I have investments in other assets as well (mainly shares of companies listed on the IBEX35). I think it’s crucial to diversify as much as possible, so I don’t think it’s a good idea to invest all your money in crowdlending or crowdfunding (even though you invest in a lot of different platforms).
      And of course, I only invest money I don’t need (and I won’t be needing in the future).

      Thanks for taking the time to comment, Nick!

Leave a Reply

Your email address will not be published. Required fields are marked *