Grupeer Review

First of all, I would like everyone to know that this is an 100% impartial and unbiased review of Grupeer.

What Is Grupeer?

Grupeer is a Latvian peer-to-peer lending marketplace which has been established in February 2017. There is about €18 million in issued loans and there are more than 5,000 investors active in the platform and you can start investing from only €10. Through Grupeer you can invest in business loans and development projects. The loans are pre-funded from various loan originators and listed in the platform where you can invest in those loans and make money when those businesses pay you back with interest. The principal of the loan is paid at the end of the loan term and the investor gets the interest monthly. A couple of months ago they have implemented amortized loans on their platform as well. The key difference of  amortizing loans is that principal repayment will take place over the loan period and interest is calculated from residual loan amount (total loan amount less principal repayments according to schedule). And this repayment type is available only for Monify loans. Loans on Grupeer are only listed in EUR.

Grupeer Landing Page Bonus

Rates

Rates on Grupeer start from 10% and go as high as 14% at the moment. Occasionally you can find loans with 15% yield though. Also, Grupeer runs periodic cash back campaigns (Like the do now, and they have that icon as demonstrated with the red arrow) that can help you boost your returns so take advantage of them when available.

Grupeer Backback Buyback Guarantee Loans

Loan liquidity

Grupeer’s liquidity has improved during the past months and you wouldn’t have a problem investing any amount without cash drag. Currently (May 2019), there are about 240 different loans available. The loans are fairly large and can be as high as €100,000 so you could invest large sums if you like any particular project.

Buyback Guarantee

In case the borrower delays the current payment for the loan for a period exceeding 15 or 60 calendar days, the loan originator that issued this loans is obliged to immediately buy back your share in the loan in the amount of outstanding principal of the claim plus any interest accrued for the period you held the loan. At the moment all deals offered on Grupeer are secured with buyback guarantee but it would be very easy to recognize a buyback secured loan since it has a green badge next to it as shown below.

Grupeer Buyback Guarantee

Auto-invest

Grupeer offers the possibility of auto-investing. I rarely use auto-invest in any platform but it is nice to know that it’s there. You can create different auto-invest strategies with quite differing parameters and you can also prioritize any strategy that you prefer. For example, you can prioritize strategies that buy loans with higher yields. You can check the screenshot to see for yourself the available settings.

Grupeer AutoInvest

Risks

Since all loans on Grupeer come with Buyback Guarantee the risk is whether the loan originator will be able to fulfill their promise to you. For more information about peer-to-peer lending risks please check the “What Is Peer-to-Peer Lending” article.

Secondary Market

Currently, Grupeer doesn’t have a secondary market and this is one of the few drawbacks of the platform. The Secondary Market is a work in progress as you can see in the following screenshot. Until then it is important to note that you cannot cancel or sell your investments once you purchase a loan.

Grupeer Secondary Market

Fees

Grupeer charges no fees for investing in their platform

Transparency

As you will be able to see from the following screenshots, Grupeer provides a lot of information about the business loans and especially the development projects. It even gives the exact address of the project and a link that you can watch a live video of the operations. That’s pretty cool!

Grupeer Development Projects

Risks

Since all loans on Grupeer come with Buyback Guarantee the risk is whether the loan originator will be able to fulfill their promise to you. For more information about peer-to-peer lending risks please check the “What Is Peer-to-Peer Lending” article.

Grupeer Stability Fund

This is a work in progress for Grupeer. The Stability Fund is an opportunity to literally buy a square meter in a real estate property, with a simple click of the button. This way an investor will be an owner of a fraction in the office building or any other development project which already generates income. After investing in this product, the investor will receive a stable rental income from 4% to 8% yearly. This is ideal for people for a very long investment horizon

Grupeer Sign Up Process

The sign up process is pretty simple. You can click here and go through the steps as they are on the screenshots below. You just put your initial info and verify your email. After you do that it will ask you for some more info and to upload a picture of your ID card. The entire process is pretty simple and it shouldn’t take you more than 5 minutes to complete your registration.

Alternative Platforms

Grupeers’ main competitors are Mintos, CrowdEstate, Envestio, Crowdestor, BulkEstate and EstateGuru. The main diffrence between CrowdEstate, Envestio, CrowdestorBulkEstate and EstateGuru is that Grupeers’ loans are pre-funded and come with Buyback Guarantee.

Grupeer Review – Conclusion

Grupeer has the whole package with a great looking and functional website, high returns and high level of transparency. I don’t like the fact that there is no secondary market but that’s pretty much the only thing I didn’t like about the platform and even that is a work in progress.

Grupeer May 2019 Overview

If you would like to start investing in Grupeer I would appreciate it if you could use my referral link 

If you would like to add something about Grupeer please leave your comments below.

Until Next Time,

Peter

8 Replies to “Grupeer Review”

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