Welcome, MyCrowdlenders!

First of all, let me wish you a fantastic 2020! I hope this new year brings happiness, good investment decisions in crowdlending and crowdfunding, and great profits to us all!

Are you ready for a new portfolio update? The end of 2019 has been really busy for me: too much work and very little time. That’s why I wasn’t able to publish a portfolio update for November. But I’m here to fix it. In the following lines, I’ll show you how my investments performed in November and December. Was there a Black Friday campaign on crowdlending and crowdfunding platforms? Did Santa bring good (or bad) news? Keep reading and you’ll find out everything.

The performance of my investments has been, to put it simply, just fantastic. In November I obtained an XIRR of 13.84%, and in December I got a terrific 14.10%, the highest so far. Kuetzal, Envestio, and Crowdestor have sky-rocketed benefits, consolidating as the most profitable crowdfunding platforms. However, some really serious concerns have arisen over Kuetzal. I’ll explain all the details later.

At the opposite end, we have Crowdestate, with a performance quite low and lots of problems in some of the projects I’ve invested. Even one of the companies I invested in has gone to bankruptcy 😭. More on that later…

Even though no Black Friday campaigns have been offered in any platform, my passive income in November was €588.10, and Santa brought me €733.73 benefits in December. This fulfills 73.37% of my current goal of €1,000 passive income every month.

The invested amount at the end of 2019 (31/12/2019) is €50,416.41, and the current portfolio’s value is €55,905.98. I’ve been reinvesting all the benefits.

Keep reading to know every detail of this excellent end of 2019.

Crowdfunding and Crowdlending Portfolio: Month Overview

My crowdfunding and crowdlending passive income keep coming steadily every month. This is my monthly income chart, with platform contribution:

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

And these are the figures of all my investments in crowdlending and crowdfunding at the end of November (30/11/2019) and December (31/12/19), ordered by the extended internal rate (XIRR) obtained in the different platforms from highest to lowest:

Table. Crowdlending and Crowdfunding returns obtained in November 2019
Table. Crowdlending and Crowdfunding returns obtained in November 2019
Table - Crowdlending and Crowdfunding returns obtained in December 2019
Table. Crowdlending and Crowdfunding returns obtained in December 2019

In November I made new deposits to Grupeer (+€500), Swaper (+€500), and Robocash (+€1,000), and withdrew €150 from FastInvest, reducing my inversion to €2000 (plus the obtained benefits). In December I have just withdrawn funds: €350 more from FastInvest, so my inversion in this platform is now €1,650 (plus obtained benefits); and €348.56 from Reinvest24.

No changes in the first four positions of the table in December. The TOP 3 of profitability is coped by the same three platforms as in October and November: Kuetzal (which keeps #1 with 20,04% XIRR and €87.91), Envestio (with an XIRR of 17.74% and €95.91 profit), and Crowdestor (with an XIRR of 16.25% and €207.56 generated in December).

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

Kuetzal

Ok, we’ve come to the critical issue of this update.
Although apparently Kuetzal’s performance is just unbeatable, recent news seems to indicate that it all could be a bad mirage.

December has been a very complicated month for this platform (and especially for us, investors) since lots of very suspicious information about Kuetzal has been discovered by some blogger colleagues:

  • It all started on December, 10th when Oscar Harrington from Explore P2P wrote this article about a project published on Kuetzal to lend money to an apparently fake petrol company.
  • The following day, Jørgen Wolf from Financially Free wrote this post with a growing list of concerns about Kuetzal.
  • The same day, December, 11th, Kuetzal wrote a post on its Facebook account, stating that because of all the questions/issues arisen about that project, they intended to invite independent auditors to perform company research of SIA Alborg Petrol.
  • A new post by Oscar Harrington from Explore P2P was published on December, the 19th. After a meeting between Jørgen and Kuetzal’s new CEO, Maksims Reutovs, new concerns were discovered. One of them is that Maksims confirmed a Kuetzal’s bank account had been blocked by their bank due to AML (Anti-Money Laundering) issues.
  • The last 10 days of 2019 and the first week of January were filled by almost complete silence from Kuetzal. Only some investors received a quite generic answer through Facebook Messenger stating all withdraw and buyback petitions would be resumed in mid-January. But no phone or e-mail answers at all.
  • Today, January the 8th, some investors have received an answer from Maksims via LinkedIn messages. Maksims says they are now trying to unblock their bank account to be able to make all of their pending transfers. They expect to finish their AML procedure by the end of January and make every payment during the first week of February 🤨.

After all that has been said in the previous list, I don’t really know what to think. It looks quite bad, indeed. But if it is a scam, why do they keep the website online and answering messages by LinkedIn? Why Maksims Reutovs, the new CEO, would expose himself enrolling to a fraudulent company? And if it’s not a scam, why not be transparent and make public communication on its website? To buy time and vanish? I’m afraid we can only wait and see. And, if necessary, take legal actions.

In case you don’t know by now, 2 Telegram groups have been created where we investors share information and decide what to do about Kuetzal:

  • https://t.me/KuetzalDiscussion
  • https://t.me/CrowdlendingGlobal

Since at the moment no fraud or scam has been officially proved (and everyone is innocent until proven guilty), I won’t count Kuetzal’s investments as losses. Not yet, at least. But of course, I won’t make any new investment either.

Take a look at my Kuetzal income until December 2019:

Kuetzal income until December 2019
Kuetzal income until December 2019

Below you can see my overview panel as of 31/12/2019:

Kuetzal Summary Panel as of 31/12/2019
Kuetzal Summary Panel as of 31/12/2019

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

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

Envestio

Envestio maintains the 2nd position in the profitability table. My investments in Envestio keep producing punctual and steady payments with the highest returns ever. The XIRR in December was 17.74%, and 17.75% in November, getting €95.91 and €97.89 respectively.

Envestio income until December 2019
Envestio income until December 2019

These are the last projects I’ve invested in:

Last Investments I've made in Envestio until 31/12/2019
Last Investments I’ve made in Envestio until 31/12/2019

You can take a look at my current account balance and my investments’ repayment schedule for the first days of January below:

Envestio Overview Panel as of 31/12/2019
Envestio Overview Panel as of 31/12/2019

If you decide to invest in Envestio, consider registering using mi referral link. You will get an extra 0.5% cashback of every investment you make during the first 270 days.

Crowdestor

Crowdestor keeps the 3rd position it conquered in August. With the extra payment I received in December, the XIRR has jumped to 16.25% (it was 15.19% in November):

Crowdestor income until December 2019
Crowdestor income until December 2019

Crowdestor paid €123.80 in November and €207.56 in December. Nowadays Crowdestor is still my favorite crowdfunding platform. 😍

This is my overview panel as of 31/12/2019:

Crowdestor Overview Panel as of 31/12/2019
Crowdestor Overview Panel as of 31/12/2019

In the following screenshot you can take a look at the last investments I’ve made:

Last projects I've invested in Crowdestor by 31/12/2019
Last projects I’ve invested in Crowdestor by 31/12/2019

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

Grupeer

The fourth position in the profitability table in November and December is for Grupeer. Calculated XIRR keeps on decreasing since some bullet loans were introduced (the principal which is borrowed and the accumulated interest are paid back at the end of the loan). However, its performance is still excellent. In November the benefit was €65.07, and 63.33 in December. Accumulated XIRR was 13.99% and 13.78%, respectively.

Grupeer income until December 2019
Grupeer income until December 2019

Take a look at my overview panel as of 31/12/2019:

Grupeer Overview Panel as of 31/12/2019
Grupeer Overview Panel as of 31/12/2019

It’s been more than 16 months since I started investing through Grupeer, and I’m really satisfied. Great interests above 13%, frequent cashback campaigns, a very detailed website, and payments are always punctual!

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


Mintos

Mintos was 6th in November and moved up a position in December to conquer the 5th place. The biggest European crowdlending platform had a great performance these two past months. It returned €38.50 in November and €47.70 in December, making the XIRR rise to 13.22% and 13.74% respectively (it was 12.56% in October and 12.31% in September).

Mintos income until December 2019
Mintos income until December 2019

My current weighted average interest rate for EUR loans has gone up to 11.18% in December. Starting from November, loan originators Varks, Sebo, Dinero, Metrokredit, and Lendo were merged into the Finko group brand, with a total value of around EUR 69 million in loans currently listed on Mintos. Because of this, you can see right now Finko represents 25% of my portfolio in Mintos. I don’t really like this situation, and I will begin diversification to make its weight decrease:

My Mintos EUR Loan Interest, Duration and Loan Distribution Summary as of 31/12/2019
My Mintos EUR Loan Interest, Duration and Loan Distribution Summary as of 31/12/2019

Something similar happened in mid-November with Sun Finance, which also unified all of its loan originators: Bino, Kuki.pl, Simbo, Tengo, and Dineria.

Here you can see the average interest rates of my RUB and MXN portfolio:

My Mintos RUB Loan Interest, Duration and Loan Distribution Summary as of 31/12/2019
My Mintos RUB Loan Interest, Duration and Loan Distribution Summary as of 31/12/2019
My Mintos MXN Loan Interest, Duration and Loan Distribution Summary as of 31/12/2019
My Mintos MXN Loan Interest, Duration and Loan Distribution Summary as of 31/12/2019

I have no diversification in my MXN loans because the invested amount is very little.

And these are my accounts statements for November and December 2019 :

Mintos October 2019 EUR Account Statement
Mintos November and December 2019 EUR Account Statement
Mintos November and December 2019 RUB Account Statement
Mintos November and December 2019 RUB Account Statement
Mintos November and December 2019 MXN Account Statement
Mintos November and December 2019 MXN Account Statement

You can read my complete Mintos review here, in order to learn more about this great crowdlending platform.

FastInvest

FastInvest descends to the 6th place of our profitability table in December. The XIRR was 13.48% in November, and 13.52% in December, and I got €25,58 and €24,00 respectively.

FastInvest income until December 2019
FastInvest income until December 2019

In November I withdrew €150, and €350 more in December. My goal is to reduce my investment to a total amount of €1,500 (the current invested amount is €1,650). Although I’ve been investing with FastInvest for 1 year now and I haven’t had a single problem, I don’t like they don’t disclose their loan originators, and that’s why I’ve reduced my positions.

However, the profits in FastInvest are always stable and predictable. This is my statistics panel as of 31/12/2019. You can see the planned interest match to the cent the actually earned:

FastInvest income until December 2019
FastInvest income until December 2019

Finally, take a look at my overview panel dated 31/12/2019:

FastInvest Overview Panel as of 31/12/2019
FastInvest Overview Panel as of 31/12/2019

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

Swaper

In December, Swaper‘s XIRR upward trend has placed this platform in the 7th position of the profitability table. XIRR reached 12.18% in December. It was 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. The Loyalty Bonus (all loans come with a 14% interest rate when you invest more than €5,000) is definitively boosting this platform’s performance for my investments. In November and December 2019 I’ve got the highest passive income from Swaper since I started using it back in August 2018: €75.26 and €81.02.

Swapper income until December 2019
Swapper income until December 2019

Below you can take a look at my December Swaper account Statement:

Swaper December 2019 Account Statement
Swaper December 2019 Account Statement

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

Viainvest

Viainvest descends to the 8th place in December. This month the XIRR was 12.16% (12.06% in November) and the profits were €11.51 ( the highest amount since I began investing through this platform).

Swaper December 2019 Account Statement
Swaper December 2019 Account Statement

I’m really happy with this platform, and I think it’s a great option to diversify every crowdlending and crowdfunding portfolio. Take a look at my account balance and account summary at the end of December:

ViaInvest Account Summary and last investments as of 31/12/2019
ViaInvest Account Summary and last investments as of 31/12/2019
ViaInvest Account Summary as of 31/12/2019
ViaInvest Account Summary as of 31/12/2019

If you want to add Viainvest to your crowdlending portfolio, consider registering using this referral link, to help me maintain the blog online.

PeerBerry

In the 9th position, we find PeerBerry, which ascends one position in December. I’ve been investing in crowdlending using this platform for more than one year so far, and I must say 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 November my passive income from PeerBerry was €9.83, and I got €10.13 in December. The XIRR rose to 11.49% in December (it was 11.45% in November, and 11.32% in October).

PeerBerry income until December 2019
PeerBerry income until December 2019

Take a look at my account summary as of 31/12/2019:

PeerBerry Overview Panel as of 31/12/2019
PeerBerry Overview Panel as of 31/12/2019

As you can see, the net annual return calculated by the platform is slightly higher than that calculated by me.

If you want to diversify your portfolio investing with PeerBerry, consider registering using my referral link, to help me maintain the blog online.

Robocash

Robocash, the simplest and most automatized platform in the market, descended to the 11th position in November and then went back to the 10th position in December. 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. Easy and without any cash drag.

I made a new €1,000 deposit in November, and now my total invested amount is €4,000. I received €27.56 in November and €37.85 in December. The XIRR dropped to 11.33% in November and to 11.27% in December. This decrement in the XIRR is due to the new deposit.

Robocash income until December 2019
Robocash income until December 2019

Take a look at my overview panel as of 31/12/2019:

Robocash Overview Panel as of 31/12/2019
Robocash Overview Panel as of 31/12/2019

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

Lenndy

In December Lenndy returns back to the 11th position. In November I received €7.82, and €8.44 more in December. The XIRR dropped to 11.46% and 11.27% respectively.

Lenndy income until December 2019
Lenndy income until December 2019

From the chart above, you can see income from Lenndy has a very characteristic saw shape, and these two months we’ve been in the low part. Here you can take a look at my Lenndy overview panel as of 31/12/2019:

Lenndy Overview Panel as of 31/12/2019
Lenndy Overview Panel as of 31/12/2019

Despite the irregularity in monthly income, Lenndy is performing very well. After almost a whole year investing with them, I can say it’s a perfect platform for diversification.

If you want to diversify your portfolio with Lenndy, consider registering using this referral link, to help me maintain the blog online.

Crowdestate

Crowdestate is in the 12th position both in November and December. As you may remember, some of the projects I’ve invested in are experiencing problems.

No updates for Baltic Forest OÜ: the company filed a reorganization application on October 21, 2019, which has to be approved by the court; interest payments on all loan agreements have been suspended until 30/06/2020; they plan to restore regular interest payments for the next 6 months and then to double interest payments so that all accrued interest debt will be repaid within the next 6 months. The company aims to pay all interest and repay all principal amounts by 30/06/2021. Since 22/10/2019 no further information has been given by Crowdestate. They said they would update repayment schedules and revert the suspension of transactions on the secondary market as soon as the reorganization plan had been approved by the court, so I guess the approval hasn’t arrived yet.

And bad news for H.M. Seafood OÜ. Crowdestate sent them on 25/11/19 a loan agreements’ termination notice, a claim for the fulfillment of obligations arising from the loan contracts and a bankruptcy warning, asking the company to make the full repayment of outstanding obligations by December 17th, 2019. On December, the 20th, Crowdestate filed a bankruptcy petition against H.M Seafood OÜ for non-payment of debts. A temporary bankruptcy trustee has been appointed and a hearing is scheduled for January 20, 2020. 

Thus, the accumulated XIRR is very low: 7.75% in November and 7.53% in December. I received €17.35 and €12.68 respectively.

Crowdestate income until December 2019
Crowdestate income until December 2019

I have no intention of increasing my investment in Crowdestate at the moment, as you may guess.

Estateguru

The penultimate position of the profitability table is again for Estateguru. But XIRR has increased to 4.99% in November and 7.14% in December, so I’m sure very soon its performance will make it go up in the table. Remember this low XIRR is not due to a bad performance of projects, but because most loans pay interests at the maturity date. I received €3.81 in November, and €11.17 in December.

EstateGuru income until December 2019
EstateGuru income until December 2019

This is my account overview panel as of 31/12/2019:

EstateGuru Overview Panel as of 31/12/2019
EstateGuru Overview Panel as of 31/12/2019

And here is my Key statistics panel:

EstateGuru Key Statistics as of 31/12/2019
EstateGuru Key Statistics as of 31/12/2019

Although I’ve been working with Estateguru just for 5 months, I must say my impression is very good. All investments are backed by mortgages on the properties and over the years they have managed zero loss of capital.

I you want to start investing through Estateguru, please consider registering using my referral link, to help me maintain the blog online.

Reinvest24

Another of my properties in Reinvest24 was sold in December (great!). The capital gain on the property was €32, and the principal was deposited back to my account. I withdrew both principal and profits, so right now I only have two investments in my portfolio.

My Reinvest24 investments as of 31/12/2019
My Reinvest24 investments as of 31/12/2019

Take a look at my transactions panel:

Reinvest24 Transactions and Overview Panel as of 31/12/2019
Reinvest24 Transactions and Overview Panel as of 31/12/2019

In November I only got €2.52, but I received €34.52 in December. Cool! The XIRR raised to 6.71% this month.

Reinvest24 income until December 2019
Reinvest24 income until December 2019

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 questions 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!

2 Responses

    • Hi The Efficient Millennial! Thanks for reading my blog.
      I use Excel, indeed!
      I’ve been asked many times for an Excel template to manage p2p investments. Therefore I plan to publish a post with a template to be downloaded soon. Stay tuned!
      Regards!

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