PeerBerry review February 2020 – new achievements

In
February 2020 PeerBerry reached new miles in numbers. The interest earned by investors’,
counting since the inception of PeerBerry in February this year has exceeded 2
million Eur. The number of PeerBerry investors exceeded 19 000 last month.
According to the data announced by p2p-banking.com for February month, PeerBerry
firmly ranks No 2 among P2P platforms in continental Europe in terms of loans
funded.

The main PeerBerry figures for February 2020:

  • total loan volume originated
    since inception – 231 855 020 Eur;
  • interest earned by investors
    since inception – 2 187 347 Eur;
  • loan volume originated in February
    – 19 486 105 Eur;
  • number of loans originated in February
    – 85 790;
  • average nominal interest rate
    of loans originated in February – 12.46 %;
  • number of investors at the end
    of February – 19 376.

“In February, our team was mainly focused
on technical improvements of our platform, such as Auto Invest efficiency
improvements and website upgrades. Very soon in March more information on loan
originators and statistics will be available to our investors on the PeerBerry
website” – explains Arūnas Lekavičius, CEO of PeerBerry.

It’s also important to note that in
February PeerBerry was continuing its activities in the process of becoming a
regulated entity by obtaining the Investment Brokerage license. This is quite a
long process. As soon as we have more and more specific information about the
regulatory process, we will immediately share it with our investors.

P2P platforms ranking according to loan volume in February 2020

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