PeerBerry Review

In this PeerBerry Review, we will take a look at the rates, loans and statistics of the patform. Also, I would like everyone to know that this is an 100% impartial and unbiased review of PeerBerry.

What is PeerBerry?

Based in Latvia, PeerBerry is a peer-to-peer lending marketplace, which has been established in November 2017 and mainly lists short-term loans. It is a very young platform by itself but it is owned and operated by Aventus Group, a payday lender holding company which was established in July 2009, owns 9 loan originators all over Central and Eastern Europe and a loan portfolio of about €50 million. Aventus Group actually started offering loans at Mintos but since they had a high volume of loans they chose to start PeerBerry. Recently, PeerBerry has started adding loans from different loan originators. Through PeerBerry, you can invest in pre-funded loans mainly short-term, but there are some real estate development projects and auto loans as well. You can start by investing as little as 10 EUR.

Peerberry review 2020


Currently, Rates on PeerBerry start from 11% and go as high as 13.3%. You can also check the following screenshot to see the available loans on the platform.

PeerBerry Review January 2020

Loan liquidity

PeerBerry has ample liquidity to invest in a large number of loans and you will not have any cash drag issues. As you can see in the following screenshot there about 1,300 different loans available.

PeerBerry Loan Liquidity

Buyback Guarantee

All loans come with buyback guarantee so PeerBerry will buy back loans in full with accrued interest for the period you held the loan if a borrower is over 60 days late.


PeerBerry 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.

PeerBerry AutoInvest


Since all loans on PeerBerry 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, PeerBerry doesn’t have a secondary market and this is one of the few drawbacks of the platform. They will introduce a “Sell Back” option soon for investments to long-term loans. Sell back means that you will get invested money into a particular loan and accrued interest after 14 days the Sell back option is activated. For this service, an extra fee will be charged. Unfortunately, approved investments to short-term loans cannot be canceled. To get your funds back from short-term loans you need to wait until the loan agreement is closed or a Buyback Guarantee is activated.


PeerBerry charges no fees for investing in their platform apart from the “Sell Back” cost if you want to sell your long term loans back to PeerBerry.


I like the information that PeerBerry provides on the “Loan” and “Borrower Details” and I also like that it gives you the number of loans taken by that specific individual. Personally, I think that it is more likely for someone to pay the loan back if he/she has taken 10 more loans from the same originator than if it is his/her first one.

PeerBerry 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 enter your email and your desired password and then it asks you for the information listed on print-screen #4. You don’t have to upload any documents until the moment you wish to make a withdraw.

PeerBerry Competitors

You might also want to check platforms check platforms like Mintos, Grupeer, Lenndy, ViaInvest, Viventor, FastInvest,, Iuvo and DoFinance. Also, if you want to try something riskier, you can try Bondora. I will be reviewing them separately as I invest in some of them. You can click here to check platform reviews.

Loyalty Program

As of August 2019 PeerBerry has introduced their loyalty program for investors that have “larger” sums invested in the platform. The reward is calculated based the following account values:

  • Silver: From 10,000€ of active investment portfolio (You get +0,5% for future investments)
  • Gold: From 25,000€ of active investment portfolio (You get +0,75% for future investments)
  • Platinum: From 40,000€ of active investment portfolio (You get +1% for future investments)

PeerBerry Review – Conclusion

PeerBerry offers a great platform to invest your money backed by a big parent company. It is a great looking website, simple to use and offers buyback guarantee with attractive yields on all loans. It is perfect for people who seek liquidity from their investments since it offers mostly short-term loans. I don’t like the fact that there is no secondary market but since most of the loans are short-term anyway and they will introduce the “Sell Back” option soon it doesn’t make that big of an impact.

PeerBerry Loyalty Program

PeerBerry has a loyalty program that rewards investors with large sums invested in the platform. As you can see in the table below, you can earn from 0.5% to 1% extra on your investments depending on the amount you have invested.

PeerBerry Loyalty Program

PeerBerry Cashback Bonus Program

You will receive a bonus of 0.5% of any investment you make 3 months after the registration.

5 Replies to “PeerBerry Review”

  1. What is this “big parent company”? According to one post under the ad in Facebook the company related to Peerberry paid only 3.3k$ taxes in 2018


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