Income Marketplace Review

Description

Income Marketplace was launched in 2020. Since then, it has not only attracted almost 4000 investors. Also, the marketplace grew its offer of consumer loans from nine loan originators in Europe, Asia and Latin America. Interest rates have been raised to an attractive maximum of 15% yield per year. A unique feature of Income Marketplace compared to other P2P platforms is the way the involve loan originators in the investment process: through lending companies taking higher risks in form of "junior shares". What does that mean? When a loan defaults, Income invetors hold the senior share, compared to the loan originators that hold the junior shares. In case of default, senior shares are paid back first before junior shares. This distribution of risk provides more security to the invetors. Other platforms usually only require loan originators to have skin in the game. Other security features are the buyback obligation for loan originators, in case a loan is later than 60 days. Finally, Income takes a part of the loan portfolio of a loan originator as a collateral as "Cashflow Buffer".

Visit Platform

Rating

⭒⭒⭒⭒⭒

based on 0 ratings

Key Facts

Investment Structures	Marketplace (peer-to-business)
Originator Types	Loan Originators
Investing Into	Consumer Loans
HQ Country	Estonia

Investments

Interest Rates	7.00% – 15.00%
Number of Originators	8
Number of Countries	8
Currencies	EUR
Minimum Investment	10 EUR

Statistics

Average Net Return	11.81%
Total Loans Funded	19,670,323 EUR
Loans Outstanding	5,748,050 EUR
Loans Current	3,264,157 EUR
Loans Late	2,234,917 EUR
Loans 1 To 15 Days Late	0 EUR
Loans 16 To 30 Days Late	1,563,203 EUR
Loans 31 To 60 Days Late	0 EUR
Loans 60 Plus Days Late	671,714 EUR
Loans Defaulted (In Recovery)	n/a
Loans Defaulted (Recovered)	230,795 EUR
Loans Defaulted (Written Off)	n/a
Investors	3,865
Average Amount Per Investor	n/a
Principal Returned	n/a
Interest Earned	n/a
Late Fees Earned	n/a

Features

Auto-Invest	Available as: Automated Investing
The autoinvest feature of Income Marketplace is quite comprehensive, offering a variety of filters for configuration: Maximum portfolio size, loan amount, interest rate, remaining term, loan type, country, loan originator, loan status, exclusion of extendable loans, available amount, inclusion of loans already invested in.
Manual-Invest	Available as: Manual Investing
Secondary Market	Not available
Instant Cash-Out	Not available

Risk & Security

Buyback Guarantee	Not available

Payment Guarantee	Not available

Rating System	Not available

Due Diligence	Available

Skin in the Game	Available as: Junior Share

Collaterals	n/a
Maximum Loan To Value (LTV)	n/a

Income Marketplace – is it a match?

Disclosure

This page may contain affiliate links. If you sign up with an investment platform via the buttons and links provided on this page, beyondp2p can be rewarded with a commission. That does not mean that you have to pay money! Quite the contrary: Depending on the offer, you may enjoy cash backs and bonuses. Signing up with these links is a direct way of supporting our work. Thank you!

Made with 🍅🥖️ near Barcelona

Legal Notice

This is not an offer to invest. Investing in financial instruments involves risk. No investment is guaranteed, and there is always a risk of partial or full loss of invested funds. This information is not investment advice or a recommendation. All investment decisions shall be made by you independently, taking into account all your personal circumstances. BeyondP2P earns commissions from platforms when you sign up through our affiliate links. This can influence how prominently platforms are displayed, but we strive not to let it influence us on how we write about them.