PeerBerry buyers invested €77.6m (£67.7m) in loans in October, the very best quantity within the firm’s historical past.
The peer-to-peer lending platform has funded €2.16bn in loans because it began providing investments in November 2017. So far, buyers earned €26.52m in curiosity.
On the finish of October, the platform had 75,489 verified buyers after onboarding 938 new buyers in the course of the month. It paid €865,000 in curiosity to buyers in October. And on the finish of the month, PeerBerry’s portfolio worth was €116.18m.
The October figures beat September’s figures, when the platform’s buyers had funded €75.7m in loans.
Learn extra: PeerBerry studies report September funding volumes
Earlier in October, the group stated it had repaid all of its war-affect Russia loans with zero losses to buyers. A complete of €20.27m was recovered for buyers, making PeerBerry the one funding platform to efficiently recuperate its Russian obligations.
Learn extra: PeerBerry repays all war-affected Russia loans with no losses
On the similar time, the platform onboarded Sri Lankan lender LoanPlus as a brand new companion. LoanPlus specialises in providing brief time period loans to customers, concentrating on 11.5 per cent in annual returns.
Learn extra: PeerBerry onboards Sri Lankan lender