Author: wiseclerk

International P2P Lending Volumes August 2023

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The table lists the loan originations of p2p lending marketplaces for last month. Mintos* leads ahead of Peerberry* and Robocash*. The total volume for the reported companies in the table adds up to 359 million Euro. I track the development of p2p lending volumes for many markets. Since I already have most of the data on file, I can publish statistics on the monthly loan originations for selected p2p lending platforms. This month I added Profitus*.

Investors living in national markets with no or limited selection of local p2p lending services can check this list of international investing on p2p lending services. Investors can also explore how to make use of current p2p lending cashback offers available. UK investors can compare IFISA rates.

p2p lending volume statistic august 2023
Table: P2P Lending Volumes in August 2023. Source: own research
Note that volumes have been converted from local currency to Euro for the purpose of comparison. Some figures are estimates/approximations.

Links to the platforms listed in the table: Bondora*, Bulkestate*, Crowdproperty*, Debitum Network*, Esketit*, Estateguru*, Finansowo*, Finbee*, Folk2Folk*, Geldvoorelkaar*, Heavyfinance*, Investly*, Iuvo Group*, Kuflink*, Kviku.Finance*, Landlordinvest*, Lendermarket*, Mintos*, Neofinance*, October*, Peerberry*, Profitus*, Proplend*, Robocash*, Swaper*, Twino*, Viainvest*.

Notice to p2p lending services not listed: Continue reading →

International P2P Lending Volumes July 2023

wiseclerk Leave a comment

The table lists the loan originations of p2p lending marketplaces for last month. Mintos* leads ahead of Peerberry* and Esketit*. The total volume for the reported companies in the table adds up to 325 million Euro. I track the development of p2p lending volumes for many markets. Since I already have most of the data on file, I can publish statistics on the monthly loan originations for selected p2p lending platforms.

Milestones crossed:

  • October* has originated more than 1 billion EUR in loans since inception.

Investors living in national markets with no or limited selection of local p2p lending services can check this list of international investing on p2p lending services. Investors can also explore how to make use of current p2p lending cashback offers available. UK investors can compare IFISA rates.

p2p lending volume statistic july 2023
Table: P2P Lending Volumes in July 2023. Source: own research
Note that volumes have been converted from local currency to Euro for the purpose of comparison. Some figures are estimates/approximations.

Links to the platforms listed in the table: Bondora*, Bulkestate*, Crowdproperty*, Debitum Network*, Esketit*, Estateguru*, Finansowo*, Finbee*, Folk2Folk*, Geldvoorelkaar*, Heavyfinance*, Investly*, Iuvo Group*, Kuflink*, Kviku.Finance*, Landlordinvest*, Lendermarket*, Mintos*, Neofinance*, October*, Peerberry*, Proplend*, Robocash*, Swaper*, Twino*, Viainvest*.

Notice to p2p lending services not listed: Continue reading →

International P2P Lending Volumes June 2023

wiseclerk Leave a comment

The table lists the loan originations of p2p lending marketplaces for last month. Mintos* leads ahead of Peerberry* and Esketit*. The total volume for the reported companies in the table adds up to 309 million Euro. I track the development of p2p lending volumes for many markets. Since I already have most of the data on file, I can publish statistics on the monthly loan originations for selected p2p lending platforms.

Investors living in national markets with no or limited selection of local p2p lending services can check this list of international investing on p2p lending services. Investors can also explore how to make use of current p2p lending cashback offers available. UK investors can compare IFISA rates.

international p2p lending volumes june 2023
Table: P2P Lending Volumes in June 2023. Source: own research
Note that volumes have been converted from local currency to Euro for the purpose of comparison. Some figures are estimates/approximations.

Links to the platforms listed in the table: Bondora*, Bulkestate*, Crowdproperty*, Debitum Network*, Esketit*, Estateguru*, Finansowo*, Finbee*, Folk2Folk*, Geldvoorelkaar*, Heavyfinance*, Investly*, Iuvo Group*, Kuflink*, Kviku.Finance*, Landlordinvest*, Lendermarket*, Mintos*, Neofinance*, October*, Peerberry*, Proplend*, Robocash*, Swaper*, Twino*, Viainvest*.

Notice to p2p lending services not listed: Continue reading →

International P2P Lending Volumes May 2023

wiseclerk Leave a comment

The table lists the loan originations of p2p lending marketplaces for last month. Mintos* leads ahead of Peerberry* and Esketit*. The total volume for the reported companies in the table adds up to 318 million Euro. I track the development of p2p lending volumes for many markets. Since I already have most of the data on file, I can publish statistics on the monthly loan originations for selected p2p lending platforms. I have added Neofinance*.

Investors living in national markets with no or limited selection of local p2p lending services can check this list of international investing on p2p lending services. Investors can also explore how to make use of current p2p lending cashback offers available. UK investors can compare IFISA rates.

international p2p lending volume statistic may 2023
Table: P2P Lending Volumes in May 2023. Source: own research
Note that volumes have been converted from local currency to Euro for the purpose of comparison. Some figures are estimates/approximations.

Links to the platforms listed in the table: Bondora*, Bulkestate*, Crowdproperty*, Debitum Network*, Esketit*, Estateguru*, Finansowo*, Finbee*, Folk2Folk*, Geldvoorelkaar*, Heavyfinance*, Investly*, Iuvo Group*, Kuflink*, Kviku.Finance*, Landlordinvest*, Lendermarket*, Mintos*, Neofinance*, October*, Peerberry*, Proplend*, Robocash*, Swaper*, Twino*, Viainvest*.

Notice to p2p lending services not listed: Continue reading →

Will We Soon Buy Our ETFs at Mintos?

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There have been plans at Mintos* for years to add ETFs to the product offering. But with the MiFID II license it seems that Mintos finally has its ducks in a row.

Mintos plans to offer ETFs and bonds later this year. I spoke with Elmars Ciganovics and with Martins Sulte in Riga about the plan. ETFs and bonds are a first step to broaden the product offer beyond loans and other asset classes could be added later.

There are not yet many details disclosed around the ETF and bond offer, here is what I understood:

  • initially there will be a small selection of ETFs from only one provider
  • Mintos will not charge investors any fees
  • the ETFs will not be bought through a stock-exchange but rather through a partner bank

I somewhat struggled to see the target audience for this product given that there are lots of established low cost brokers in many European markets. Martins sees the target audience in those Mintos customers that so far have not invested on the stock market but trust the Mintos brand and will take the first step with them with the benefit of manageing their investments in one place.

Personally I am not convinced that this strategy will succeed e.g. with German investors but maybe there are other markets. In any case it will be most interesting to watch.

So this is clearly a cross-selling strategy by Mintos where it will use the existing 500,000 investors to sell to initially. But further on passporting the license to other European countries will alow Mintos for the first time to aggressively step up marketing efforts there.

Martins pointed out the huge untapped potential he sees with saying that over 60% of American households are directly or indirectly invested on the stock markets whereas for Europeans this number is only over 30%.

mintos volume
And while Mintos* presents its position as market leader with confidence, Martins also pointed out that this volume is small when compared with brokers like TradeRepublic. So this seems to be the liga Mintos is aiming for next.

Impressions From the Finfellas Riga Conference

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From Tuesday till Friday I was in Riga for the Finfellas Riga Conference. I spent the day before the conference in scheduled meetings at the offices of several platforms to update me on current news and keep in touch with platform managers. A preparty in the evening allowed to “warm up” and exchange news, ideas and gossip. The conference itself started on Thursday. Most of the Baltic platforms were present. Total attendance I would estimate about 250 to 300 persons consisting of representatives for platforms, loan originators, service providers (e.g. legal, payments, …), financial institutions, regulators, investors and bloggers.   The conference was very well organized and featured panel discussions, presentations and demos over the two days as well as an exhibition area with platform booths. The best part as always for me was the networking opportunity.

panel discussion riga conference

As several platforms have received licenses by the regulator meanwhile, one of the main topic was the maturing of the industry and the advantages that come with regulation (e.g. reduced counterparty risk, and better matching to suited investor due to required suitability tests).

The trend to simplified product selection (one click investing, autoinvest, streamlined UIs) continues .

riga conference exhibition space

The overall mood was confident and optimistic after having navigated two black swan events (pandemic & Russian invasion of Ukraine) in the recent past.

riga conference presentation

Assuming the conference will be held next year in Riga again: See you all there!