Moncera Review

Description

Moncera is a p2p lending platform where you can invest in consumer loans (and recently into real estate). Since August 2021, the platform is owned 100÷ by Placet Group, an Estonian loan originator. The latter is also active on the mintos marketplace. The group usually is considered to be one of the best loan originators on mintos. Hence, Moncera is a spin-off to offer investors the possibility to directly invest into Placet Group loans. Usually, the investors are rewarded with higher returns, around 11% of annual returns.

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Rating

⭑⭑⭑⭑
3.8
based on 3 ratings

Key Facts

Investment Structures Direct (peer-to-peer)
Originator Types Peers
Investing Into Business Loans, Real Estate
HQ Country country image Estonia

Investments

Interest Rates 7.00% – 12.00%
Number of Originators 2
Number of Countries 2
Currencies EUR
Minimum Investment 10 EUR

Statistics

Average Net Return 10.40%
Total Loans Funded 6,605,000 EUR
Loans Outstanding 225,000 EUR
Loans Current n/a
Loans Late n/a
Loans 1 To 15 Days Late n/a
Loans 16 To 30 Days Late n/a
Loans 31 To 60 Days Late n/a
Loans 60 Plus Days Late n/a
Loans Defaulted (In Recovery) n/a
Loans Defaulted (Recovered) n/a
Loans Defaulted (Written Off) n/a
Investors 2,400
Average Amount Per Investor n/a
Principal Returned n/a
Interest Earned n/a
Late Fees Earned n/a

Features

Auto-Invest
Available
Manual-Invest
Available as: Manual invest, Projects

You can invest into consumer loans with the "Manual invest" function. If you want to invest into real estate projects, choose "Projects".

Secondary Market
Not available
Instant Cash-Out
Available as: One Click Exit

One of the most competitive and popular features of Moncera is the "One Click Exit" option for loans. In spite of the absence of a secondary market, investors can sell a loan at any time instantly. If you exit the loan very quickly (roughly before the first payment of the borrower), you can exit the loan for free. However, the usual case is that you want to exit after some time has passed. Then you need to pay a 0.5% of the outstanding loan sum in order to exit the loan quickly. All in all, we find that One Click Exit is a real alternative to Bondora's Go & Grow or mintos strategies.

Risk & Security

Buyback Guarantee
Available

Moncera's loans foresee a 30-days buyback guarantee.

Payment Guarantee
Available as: One Click Exit

See also Instant Cash-Out (One Click Exit)

Rating System
Available as: Borrower Rating

Moncera rates borrowers on a scale from A (best) to D (worst).

Due Diligence
Available
Skin in the Game
Not available
Collaterals n/a
Maximum Loan To Value (LTV) n/a

Moncera – is it a match?

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