PeerBerry’s lending ticks up in June whereas Robo.money sees drop in investments

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European peer-to-peer lenders Robo.money and PeerBerry have each launched updates for June.

In June 2023, Robo.money had over €17m (£14.6m) invested in its platform – a ten.5 per cent lower from Might when the quantity invested was over €19m.

The corporate additionally introduced that it attracted over 459 new traders, a 13.2 per cent lower from 529 in Might. Its traders earned over €716,000 in curiosity, in comparison with over €759,000 in Might – a 5.6 per cent lower.

Learn extra: PeerBerry funds loans price €65m in March

For PeerBerry traders, June fared higher than Might, with €65.12m of loans funded and €819,213 earned in curiosity. The quantity of funded loans on the platform was three per cent greater than the earlier month, with €63.4m of loans funded and €814,254 in curiosity.

On the finish of June, PeerBerry’s portfolio amounted to €115.17m – a 0.8 per cent enhance compared to Might when the portfolio amounted to €114.21m.

PeerBerry attracted 1,205 new traders in June, down from 1,344 in Might, however the total variety of verified traders rose 1.7 per cent to 71,335.

Learn extra: P2P returns predicted to go down as market grows

Since PeerBerry‘s inception, its traders have funded virtually €1.9bn in loans. PeerBerry enterprise companions have additionally repaid 81 per cent of the entire war-affected obligations in direction of PeerBerry traders after the Russian invasion of Ukraine.

PeerBerry will course of the additional reimbursement of war-affected loans in mid-July 2023.

Learn extra: PeerBerry war-affected mortgage repayments hit €34.8m



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