The second month of the year is over, and it’s time for a new review of my crowdlending and crowdfunding investments. As I told you in previous updates of my portfolio, I decided to rebalance my investments among the different platforms to lower the risk.
Let’s see what changes I’ve made!
Crowdfunding and Crowdlending Portfolio: Month Overview
Below you can find the chart showing the evolution of my passive income from crowdlending and crowdfunding, detailing platform contribution:
And these are the figures of all my investments in crowdlending and crowdfunding at the end of February (29/02/20), ordered by the extended internal rate (XIRR) obtained in the different platforms from highest to lowest:
As I told you in my January update, I decided to re-balance my investments among the different platforms, to prioritize security against high interests.
This month I’ve completely exited FastInvest (the final XIRR is 8,85% because I lost almost €100 interests by selling some loans) and I’ve incremented my investments in Iuvo (+€1.500) to a total of €2.500. I’ve also deposited +€1.500 in Mintos.
I’ve withdrawn money from Crowdestor (-€200) and Grupeer (-€650). Despite its excellent performance and so far unquestioned credibility, I’m reducing a little bit my exposure to increase my positions in other platforms. Never forget investing in Crowdlending and Crowdfunding is risky, so it’s better to maximize diversification.I’ve also withdrawn €900 from Robocash due to the cash drag experienced lately. And finally, I took a withdrawal from Crowdestate (-€419,28), because I’m not happy with the way they manage some of the problematic projects I’m invested in.
Iuvo (because of the €30 welcome bonus since I was invited by another investor), Crowdestor (with an XIRR of 17.59% and €164.53 generated in January) and Grupeer (with an XIRR of 13.69% and 59.75€ returned) remain the TOP 3 of the profitability table in February.
Let’s go for a detailed analysis of each crowdlending and crowdfunding platform’s performance!
In the first place of the profitability table, we find Iuvo. This month I’ve received a total of €15.54 passive income, and my accumulated XIRR is 48.95% (because of the welcome bonus of €30 I got in January thanks to the invitation of another investor).
Since I opened my account at Iuvo my personal account manager has phoned me four times to make sure I was happy with the service and asking me if she could help me in any way. It’s a real difference with any other crowdlending platform, isn’t it? Its customer support speaks English, German, Spanish and Bulgarian.
The average return according to its website is 9.2% annually, and Iuvo has the biggest skin in the game on the market (30%). This month I’ve made a new deposit of €1,500.
Crowdestor remains in the second position in February. The XIRR increased to 17.59% (it was 17.31% in January):
Crowdestor paid €164.53 in February 2020. It’s still my favorite crowdfunding platform 😍.
Below you can take a look at my overview panel as of 29/02/2020:
The third position in the profitability table in February is once again for Grupeer. The accumulated XIRR has decreased slightly to 13.69% (it reached 13.79% in January 2020), and it has passively generated €59.75.
In February I withdrew €650, in order to rebalance my investments among other platforms I had less money invested.
You can take a look at my overview panel as of 29/02/2020:
Swaper‘s XIRR upward trend makes this platform keep on escalating positions in the profitability table, reaching the 4th position in February. XIRR reached 12.63% in February 2020. It was 12.36% in January, 12.18% in December, 11.81% in November, 11.27% in October, 10.94% in September, 10.29% in August, 9.71% in July and 9.02% in June. WOW! The Loyalty Bonus (all loans come with a 14% interest rate when you invest more than €5,000) has definitively boosted this platform’s performance for my investments. In February 2020 I got €75.31 passive income from Swaper.
You can take a look at my Swaper overview panel and February 2020 account statement below:
Mintos lost one position and moved to the 5th place in February. The biggest and most solid European crowdlending platform had a great performance in February and returned €40.60. The XIRR dropped to 12.42% (it was 13.16% in January). This decrease in rentability is caused by the new deposit, so nothing to worry about.
My current weighted average interest rate for EUR loans has decreased to 11.50% (11.53% in January):
Here you can see the average interest rate of my RUB portfolio:
And below you can take a look at my overview panels and account statements for February 2020 in the two currencies I currently invest in (only EUR and RUB because a got rid of my MXN account and converted the remaining amount back to EUR):
Viainvest keeps the 6th place it conquered in January, with an XIRR of 12.05% (12.07% in January). It returned €9.92.
It’s been one year since I began investing with Viainvest and I’m really happy with this platform, even though it has been suffering cash drag lately. I consider it’s a great platform to diversify every crowdlending and crowdfunding portfolio. Below you can find my account balance and account summary at the end of February 2020:
The 7th position in February is once again for Lenndy, which retains the position it conquered in January. I’ve received €12.15 this month, and the XIRR increased to 12.03% (it was 11.80% in January).
After one year using Lenndy, I think it’s a must-have to diversify my investments in crowdlending. Below you can take a look at my Lenndy overview panel as of 29/02/2020 and my February 2020 account statement:
In the 8th position, we find PeerBerry. I’ve been investing in this platform for 15 months, and I’m very happy. PeerBerry has a quite long trajectory, and I consider it’s a very good option to diversify any crowdlending portfolio. In February, I received a total of €10.64 passive income from PeerBerry and the XIRR raised to 11.58% (it was 11.46% in January).
These are my overview panel as of 29/02/2020 and February account statement :
As you can see, the net annual return calculated by the platform is slightly higher than that calculated by me.
Robocash, the simplest and most automatized platform in the market, keeps the 9th position in February. 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.
In December 2020 this platform was suffering from cash drag, and that’s why I decided to withdraw some money (€900). But in the first days of March, a new loan originator from Kazakhstan was introduced, and Robocash is cash-drag free again.
This month I received €39.36, and the XIRR increased to 11.46% (11.26% in January 2020).
Below you can take a look at my overview panel as of 29/02/2020 and February 2020 account statement:
This month I finished withdrawing all my money from FastInvest, which leaves my crowdlending portfolio with a not so bad XIRR of 8.85%. If you follow my blog you know that I’ve been always a fan of this platform. Their website is probably the better built of all the crowdlending platforms out there. But I don’t feel secure any more investing my money in this platform, at least until they disclose who their loan originators are.
Below you can see the benefit record of my investments in this platform:
I keep on decreasing my investments in Crowdestate.
As I thought, nobody wants to buy my Baltic Forest OÜ’s shares in the secondary market. So I’ll have to keep my investment, which will begin to pay interests again the next month (30/04/2020 if everything goes as scheduled).
Regarding H.M. Seafood OÜ, .they came up with a compromise proposal that involved deferring repayments. This doesn’t suit Crowdestate and they will try to find a better solution in the coming weeks. Let’s see what happens next!
And there is yet a third project with problems: Kreutzwaldi 59c, 65610 Võru (IX). The loan should have been returned two months ago, but the borrower is experiencing some delays selling the apartments.
Take a look at my current investments in Crowdestate:
After all, the accumulated XIRR until February 2020 was 7.51% (7.36% in January), and Crowdestate escalates one step to the 11th position of the profitability table. I received €15.75, some of which was obtained by selling loans in the secondary market.
Estateguru returns to the penultimate position of the profitability table. The XIRR has decreased to 7.34% in February (it was 7.84% in January). But don’t forget this low XIRR is not due to a bad performance of projects, but because most loans pay interests at the maturity date. I got a passive income of €3.80 in February.
This is my Key statistics panel showing February’s profits:
Although I’ve been working with Estateguru just for 7 months, I must say my impression is excellent. All investments are backed by mortgages on the properties and over the years they have managed zero loss of capital.
They stand out by their recovery rate of defaulted loans. They have recovered all of them so far. This platform meets my new standards in due diligence and risk assessment, so I will be increasing my investment in Estateguru in March.
No news from Reinvest24. One on my properties (Apartment development in Tallinn’s tech hub) should have been sold months ago, but they don’t find a proper buyer. The other one (Rental apartments in Tallinn’s tech hub) keeps on paying regular benefits every month.
Take a look at my transactions panel:
In February I got just €2.52, so the XIRR dropped to 6.46% (it was 6.56% in January). I look forward to selling both properties and get my principal back.
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!
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And please remember: if you have any questions or want to suggest a new platform to review, don’t hesitate and tell me in the comments!
See you in my next update, MyCrowdlenders!