- Funded Since November 2017
- €957.24m
- Minimum Investment
- €10
- Auto Invest
- Yes
- Secondary Market
- No
- Ring Fence
- Yes
- Wind Down Plan
- No
- Regulated
- No
What is PeerBerry?
PeerBerry is run by SIA, AV Marketplace, based in Latvia. PeerBerry is a Resale Marketplace Lending platform, which means it aggregates pre-funded loans from partner organisations (loan originators) and re-sells them to investors. It hasn't been licensed by a relevant supervisory authority.
PeerBerry gives you the opportunity to provide funding to individuals by investing in short-term personal loans, real estate loans and business loans. PeerBerry only serves lenders, so you can’t apply for a loan directly on the platform.
What does PeerBerry offer?
At PeerBerry, you can invest in projects denominated in EUR starting from €10. You can also set up an auto-invest feature.
PeerBerry separates investors’ funds from the platform company assets but doesn’t have a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It discloses statistics about its funded loans on a dedicated public page and shares its monthly funding volumes with P2PMarketData.
PeerBerry Details
- Legal Company Name
- SIA, AV Marketplace
- Business ID
- 40203073653
- Main Currency
- Euro (€)
- Headquarters Location
- Latvia
- Established Date
- June 2017
- Launch Date
- November 2017