My experience:
I’ve been in crowdfunding since may last past year. At first I started really slow because I was afraid but after some months trying, I decided to invest a bigger amount. In total I had more than 50kE invested.
I had Bondora, Crowdstate, Envestio, Viainvest, Fastinvest, Mintos, Estateguru and Grupeer.
I closed all the acounts except Mintos, Grupeer and Estateguru, mainly because I have still some loans that I cannot recover.
The results? Well… not too well. In total, with the currency movements, in CHF I had:
- TTWRR: 1.32%
- IRR: 1.61%
If I do the global in EUR (no currency exchanges):
- TTWRR: 7.06%
- IRR: 9.92%
I decided to stop all the investments and recover the money as soon as possible when has been proved that the platform Kuetzal is a complete scam, a ponzi system and probably nobody is going to recover the money.
Mintos had 3 or 4 loan originators with problems, in Kosovo, etc. Is a long history and you can find lots of report in internet… For me, from 2482 EUR of benefits, I have blocked with Monego, iuCredit, Aforti… 2300EUR, so practically I didn’t have any benefits. Still there is not completely lost but for the moment they are not paying… so…
In Estateguru, I have 102 EUR of incoming but a load default and I’ve lost 68EUR that I don’t know if I’ll recover. That was 4 months ago.
To finish, I discover lots of bad histories about how the loan originators recover the 20, 30 and 35% interest loans given in several poor, poor countries… I don’t want to win money with the miseries and poor people in Africa or Russia.
So, my strong recommendation… There are several REITS and ETF for gaming with money you don’t need. A simple research will give you instruments with 9, 10, 11% interest and at least they are regulated, and safer to invest.