EstateGuru offers real estate loans as an investment opportunity. Across Europe, investors can support the construction and maintenance of real estate projects while earning returns around 10%. The average Loan To Value ratio is 59%. EstateGuru is one of the most popular platforms for real estate investments among the p2p community. The platform until 2022 usually considered to be reliable and has proven to deliver returns. 🚩 However, the situation of defaulted loans is getting out of control! As of February, 2nd 2023, the default rate has reached 32.85%. There are more than 92 Mio € in recovery. Worst performing countries: 🇩🇪 Germany: 68,068,401€ (81.61%), 🇫🇮 Finland: 15,353,172€ (33.97%), 🇱🇹 Lithuania: 9,876,152€ (19.88%)
Mintos is among the biggest p2p marketplaces worldwide. Founded in 2014, the platform has seen massive growth for all sorts of private loans. Investors can enjoy high interest rate, with comfortable auto-invest and cash-out features. However, mintos has been criticized for not handling pending payments transparently. Also bear in mind that quite some loan originators have been suspended on the marketplace threatening funds to be lost. Still, it is a massive marketplace and mintos should not be discarded entirely in our opinion.
PeerBerry is a relatively young platform operating since 2017. Its founding company was the AventusGroup that has been involved in the credit business since 2009. After its foundation, PeerBerry was sold to private investors. The loan portfolio has been diversified since then. You can invest in consumer, business, leasing and real estate loans from 23 loan originators. With that amount of loan originators, PeerBerry seems to set off to compete with other marketplaces like Mintos. The user interface and experience is rather top notch. All together, PeerBerry is one of our favorite p2p lending platforms to invest into. Positively must be emphasized their outstanding corporate communication being constantly in contact with the investor community. Nevertheless, it has been occasionally criticized that the so called group guarantee is a shallow term as legally there would not be such entity as the "Aventus Group".
Business Loans, Consumer Loans, Leasing, Real Estate
HQ Country
EstateGuru
Estonia
Mintos
Latvia
PeerBerry
Croatia
Investments
Interest Rates
EstateGuru
8.00%
–
13.00%
Mintos
6.00%
–
22.00%
PeerBerry
9.00%
–
11.00%
Number of Originators
EstateGuru
0
Mintos
70
PeerBerry
23
Number of Countries
EstateGuru
7
Mintos
33
PeerBerry
8
Currencies
EstateGuru
EUR
Mintos
CZK, DKK, EUR, GBP, KZT, MXN, PLN, RUB, SEK, USD
PeerBerry
EUR
Minimum Investment
EstateGuru
50
EUR
Mintos
10
EUR
PeerBerry
10
EUR
Statistics
Average Net Return
EstateGuru
10.79%
Mintos
11.08%
PeerBerry
11.11%
Total Loans Funded
EstateGuru
803m
EUR
Mintos
10b
EUR
PeerBerry
2b
EUR
Loans Outstanding
EstateGuru
256m
EUR
Mintos
483m
EUR
PeerBerry
106m
EUR
Loans Current
EstateGuru
108m
EUR
Mintos
393m
EUR
PeerBerry
88m
EUR
Loans Late
EstateGuru
5m
EUR
Mintos
76m
EUR
PeerBerry
18m
EUR
Loans 1 To 15 Days Late
EstateGuru
n/a
Mintos
34m
EUR
PeerBerry
18m
EUR
Loans 16 To 30 Days Late
EstateGuru
n/a
Mintos
20m
EUR
PeerBerry
0
EUR
Loans 31 To 60 Days Late
EstateGuru
n/a
Mintos
22m
EUR
PeerBerry
0
EUR
Loans 60 Plus Days Late
EstateGuru
n/a
Mintos
8k
EUR
PeerBerry
0
EUR
Loans Defaulted (In Recovery)
EstateGuru
132m
EUR
Mintos
n/a
PeerBerry
n/a
Loans Defaulted (Recovered)
EstateGuru
11m
EUR
Mintos
n/a
PeerBerry
n/a
Loans Defaulted (Written Off)
EstateGuru
n/a
Mintos
n/a
PeerBerry
n/a
Investors
EstateGuru
161,162
Mintos
549,676
PeerBerry
65,570
Average Amount Per Investor
EstateGuru
6k
EUR
Mintos
3k
EUR
PeerBerry
n/a
Principal Returned
EstateGuru
545m
EUR
Mintos
n/a
PeerBerry
n/a
Interest Earned
EstateGuru
79m
EUR
Mintos
279m
EUR
PeerBerry
19m
EUR
Late Fees Earned
EstateGuru
n/a
Mintos
n/a
PeerBerry
n/a
Loan Originators Statistics
new
EstateGuru
n/a
Mintos
PeerBerry
n/a
Features
Auto-Invest
EstateGuru
Available as:
Automated Investment Strategies
In January 2022, EstateGuru replaced the former auto-Invest feature with automated investment strategies. Instead of requiring a minimum investment of 250€, the strategies work already with a minimum of 50€ per investment. There are two presets for the strategies: "conservative" and "balanced". They differ in the strength of collateral (Loan To Value), the selection of countries and other risk adjustments. For more advanced investors, EstateGuru now offers individual strategy configuration possiblities.
Mintos
Available as:
Custom automated strategies, Mintos Strategies
Mintos provides three fully automatized investment strategies: Diversified (rating: A+ to C-, average interest rate: 12.25%), Conservative (rating: A+ to B+, average interest rate: 9.84%), High-yield (rating: A+ to C-, average interest rate: 12.60%). If you want to customize further your investment, mintos has the "custom automated strategies" feature for that. By November 2020, mintos has replaced the old "risk ratings" with a "risk score". However, mintos has not yet updated the auto-invest strategies documentation disclosing how the new risk model does apply to the mintos strategies feature.
PeerBerry
Available
Manual-Invest
EstateGuru
Available
Mintos
Available as:
Custom manual investments
PeerBerry
Available
Instant Cash-Out
EstateGuru
Available as:
Instant Exit Program
In October 2021, EstateGuru launched the instant exit programm. Next to the secondary market, investors can quickly liquidate their loans by returning them to EstateGuru. BE WARNED that a 35% discount is due to be taken from EstateGuru. In almost every case it would make more sense to sell a loan via the secondary market. Latest at high discounts of 10-15% you should find a buyer.
Mintos
Available as:
Mintos strategies
With "Mintos strategies" you can relatively fast cash out your money. Mintos writes: "When you want to cash out money, your Mintos strategy automatically sells loans in your strategy to other investors using the same strategy. Selling usually happens within a few minutes, depending on demand from other investors at that time. You can only sell current loans. If a loan in your strategy is late, you can get your money when it recovers or buyback kicks in. You can also manually sell late loans on the Secondary Market from the Portfolio page."
PeerBerry
Not available
Secondary Market
EstateGuru
Available
The secondary market is available but needs to be consented and activated by the investor. There is currently a survey running whether the secondary market should be made available also for auto-invest.
Mintos
Available
PeerBerry
Not available
Risk & Security
Buyback Guarantee
EstateGuru
Not available
Mintos
Available
Mintos claims that 95% of its loans come with buyback guarantee. If the loan is delayed by more than 60 days, the lending company will automatically buy back the investment and pay you interest.
PeerBerry
Available as:
Buyback Guarantee, Group Guarantee
The loan originators on PeerBerry usually guarantee to take over a loan if the borrower fails to pay after 60 days. Furthermore, in case a loan originator is insolvent and cannot pay back the money, the main partners of PeerBerry – the Aventus group and the Gofingo group – guarantee to payback investors. This is called "group guarantee". However, members of the investor community have criticized that legally there exist no "Aventus group" as an entity. And thus, the group guarantee may be a shallow term.
Payment Guarantee
EstateGuru
Not available
Mintos
Not available
PeerBerry
Not available
Rating System
EstateGuru
Not available
Mintos
Available as:
risk scoring
From November 2020, mintos risk scoring has replaced mintos risk grades. The new system is a numerical scale: low risk (10-8), mid risk (7-5), and high risk (4-1). Furthermore, mintos uses four subscores: loan portfolio performance, loan servicer efficiency, buyback strength, and cooperation structure.
PeerBerry
Not available
Due Diligence
EstateGuru
Available
EstateGuru has a due diligence process for every loan project. Each loan is secured with a mortgage. In case, the borrower cannot pay back the loan, the property would be seized.
Mintos
Available
PeerBerry
Not available
Skin in the Game
EstateGuru
Not available
Mintos
Available
Loan originators should have skin in the game of 5 to 20% (10% on average).
PeerBerry
Not available
Collaterals
EstateGuru
Property, Inventory
Mintos
Property, Inventory
PeerBerry
n/a
Maximum Loan To Value (LTV)
EstateGuru
75.00%
Mintos
n/a
PeerBerry
n/a
Sign Up Bonus
The investor gets 0,5% added to their account for investments during the first three months.
Mintos – is it a match?
PeerBerry – is it a match?
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Estonia
Latvia
Croatia
