PeerBerry

Founded in 2017, PeerBerry is an investment platform launched by Aventus Group, one of Europe’s largest non-banking lending groups located in Vilnius, Lithuania. PeerBerry offers a range of debt investment products, including real estate, short and long-term loans, leasing, and business loans. These opportunities stem from Aventus Group’s loan originators in Europe, CIS countries, and Asia.

Investors from countries not listed in the Financial Action Task Force Anti-Money Laundering (FATF AML) and high-risk jurisdictions of the E.U. can create a user on the platform. Since its beginning in 2017, PeerBerry has raised more than €2,82 billion, averaging a monthly volume of €55.99 million.^[1] The platform boasts a community of 93,085 investors.^[2]

• PeerBerry is an Aventus Group owned platform and issues loans via co-investment contracts with its loan originators.
• Investments on PeerBerry range in sizes of €3,882 to €10,000 across real estate, unsecured consumer loans, leasing and business loans.
• The minimum investment is set at €10, with interest rates at 9.5%.
• Current available loans have a duration between 600 days to 716 days.
• PeerBerry provides a buyback guarantee for delayed loans but does not offer a secondary market or early exit options.

PeerBerry serves as a bridge connecting investors with Aventus Group issued loans, which acts as underwriter through various loan originators in Europe, CIS countries, and Asia. Investors enter into loan agreements with PeerBerry, which in turn functions as a lender to Aventus Group. Operating as an investment platform, PeerBerry facilitates the connection between its investor community and the loan originators, who are partners of Aventus Group, the sister company.^[3]

Investors can choose from a variety of debt products such as:

• Short and long-term personal loans
• Leasing
• Business loans
• Real estate

PeerBerry offers campaigns ranging from €3,882 to €10,000, with a minimum investment of €10. Loan durations for the current active campaigns span 600 to 716 days.^[4] Repayment terms vary by loan type:

• Long-term and leasing loans: Monthly interest with partial principal payments.
• Business and real estate loans: Monthly interest with full principal repayment.
• Short-term loans: Bullet repayment at maturity.

PeerBerry provides a buyback guarantee on the loans. If a borrower delays payment for more than 60 days, the loan originator commits to repurchasing the claim, ensuring investors may receive their principal with interest. Investors have no direct legal ties to borrowers, as they lend money to PeerBerry/Aventus Group's partners. These partners hold the loan contracts and collateral, preventing investors from making direct claims against borrowers.^[5]

PeerBerry does not provide a secondary market for exiting investments early. However, it offers an auto-invest feature to queue for new investments, whose availability depends on the platform’s loan supply and demand. Since PeerBerry offers loans financed by Aventus Group, which uses its balance sheet, it can be assumed they have some control over loan availability. Additionally, PeerBerry provides a mobile app available on the Apple App Store and Google Play.

Among the current investments, PeerBerry offers an interest rate of 9.5%. Since its launch, the platform has paid out over €37.9 million in interest to investors. The platform has not disclosed the total amount returned to investors. Before the Russian invasion of Ukraine in February 2022, PeerBerry claims to never have experienced loans overdue for more than 60 days or defaulted loans.^[6]

Following the conflict in Ukraine, 83.81% of impacted loans are over 180 days overdue. However, the platform reports that €39.4 million of these loans have been repaid, with just €55,755 still outstanding.^[7]

PeerBerry does not charge investors directly but has a variable fee structure tied to the Terms and Conditions of each loan, including service and assignment fees. The platform generates revenue primarily through service fees, and since loans are facilitated by its sister company, Aventus Group, it likely profits from the spread within PeerBerry or Aventus Group.^[8]

Founded in 2017 by Aventus Group, PeerBerry is led by CEO Arūnas Lekavičius, who has over 15 years of experience in the financial industry. Arūnas is also, in parallel, the co-founder and CEO of Crowdpear. Supporting him is Rita Simanavičiūtė, Chief Marketing and Communications Officer, with over 20 years of expertise in strategic marketing and communications, including a notable stint leading the introduction of American Express cards in Lithuania. Tadas Bulota serves as the platform’s Lawyer and Compliance Officer.

PeerBerry is owned by three shareholders: Andrejus Trofimovas (50% shares), Vytautas Olšauskas (25% shares), and Ivan Butov (25% shares). Andrejus Trofimovas, who holds half of the shares, also serves as the CEO of Aventus Group.^[9]

PeerBerry received its initial venture round funding from Genrik Baitiul, and as of now, no additional funding rounds have taken place.^[10] In April 2021, Genrik Baitul traded his shares to Igor Trofimovas, giving him a 50% stake in the company. Later, in August 2022, the current CEO of Aventus Group, Andrejus Trofimovas, acquired all the shares previously held by Igor Trofimovas.^[11]

During FY23, PeerBerry’s sales revenue grew to €1.88 million, up from €1.79 million in FY22, reflecting a 4.62% year-on-year increase. However, business expenses rose to €1.37 million from €989,153, leading to a net profit after tax of €437,744, down 33.99% from €661,928 in FY22.^[12]

1. P2PMarketData: “PeerBerry Statistics”
2. PeerBerry: “PeerBerry in Numbers”
3. PeerBerry: “Loan Originators”
4. PeerBerry: “Manual Invest - Available loans”
5. PeerBerry: “Guarantees Buyback guarantee”
6. PeerBerry: “Statistics - ​​Interest paid to investors”
7. PeerBerry: “Statistics - Repayments of war-affected loans”
8. PeerBerry: “Assignment agreement - Assignment Fee / Service Fee”
9. Sudski Registar: “Croatia Company Register”
10. Crunchbase: “PeerBerry Funding”
11. PeerBerry: “Blog - Andrejus Trofimovas becomes a shareholder of PeerBerry”
12. PeerBerry: “Annual Report”

Founded in 2017, PeerBerry is an investment platform launched by Aventus Group, one of Europe’s largest non-banking lending groups located in Vilnius, Lithuania. PeerBerry offers a range of debt investment products, including real estate, short and long-term loans, leasing, and business loans. These opportunities stem from Aventus Group’s loan originators in Europe, CIS countries, and Asia.

Investors from countries not listed in the Financial Action Task Force Anti-Money Laundering (FATF AML) and high-risk jurisdictions of the E.U. can create a user on the platform. Since its beginning in 2017, PeerBerry has raised more than €2,82 billion, averaging a monthly volume of €55.99 million.^[1] The platform boasts a community of 93,085 investors.^[2]

• PeerBerry is an Aventus Group owned platform and issues loans via co-investment contracts with its loan originators.
• Investments on PeerBerry range in sizes of €3,882 to €10,000 across real estate, unsecured consumer loans, leasing and business loans.
• The minimum investment is set at €10, with interest rates at 9.5%.
• Current available loans have a duration between 600 days to 716 days.
• PeerBerry provides a buyback guarantee for delayed loans but does not offer a secondary market or early exit options.

PeerBerry serves as a bridge connecting investors with Aventus Group issued loans, which acts as underwriter through various loan originators in Europe, CIS countries, and Asia. Investors enter into loan agreements with PeerBerry, which in turn functions as a lender to Aventus Group. Operating as an investment platform, PeerBerry facilitates the connection between its investor community and the loan originators, who are partners of Aventus Group, the sister company.^[3]

Investors can choose from a variety of debt products such as:

• Short and long-term personal loans
• Leasing
• Business loans
• Real estate

PeerBerry offers campaigns ranging from €3,882 to €10,000, with a minimum investment of €10. Loan durations for the current active campaigns span 600 to 716 days.^[4] Repayment terms vary by loan type:

• Long-term and leasing loans: Monthly interest with partial principal payments.
• Business and real estate loans: Monthly interest with full principal repayment.
• Short-term loans: Bullet repayment at maturity.

PeerBerry provides a buyback guarantee on the loans. If a borrower delays payment for more than 60 days, the loan originator commits to repurchasing the claim, ensuring investors may receive their principal with interest. Investors have no direct legal ties to borrowers, as they lend money to PeerBerry/Aventus Group's partners. These partners hold the loan contracts and collateral, preventing investors from making direct claims against borrowers.^[5]

PeerBerry does not provide a secondary market for exiting investments early. However, it offers an auto-invest feature to queue for new investments, whose availability depends on the platform’s loan supply and demand. Since PeerBerry offers loans financed by Aventus Group, which uses its balance sheet, it can be assumed they have some control over loan availability. Additionally, PeerBerry provides a mobile app available on the Apple App Store and Google Play.

Among the current investments, PeerBerry offers an interest rate of 9.5%. Since its launch, the platform has paid out over €37.9 million in interest to investors. The platform has not disclosed the total amount returned to investors. Before the Russian invasion of Ukraine in February 2022, PeerBerry claims to never have experienced loans overdue for more than 60 days or defaulted loans.^[6]

Following the conflict in Ukraine, 83.81% of impacted loans are over 180 days overdue. However, the platform reports that €39.4 million of these loans have been repaid, with just €55,755 still outstanding.^[7]

PeerBerry does not charge investors directly but has a variable fee structure tied to the Terms and Conditions of each loan, including service and assignment fees. The platform generates revenue primarily through service fees, and since loans are facilitated by its sister company, Aventus Group, it likely profits from the spread within PeerBerry or Aventus Group.^[8]

Founded in 2017 by Aventus Group, PeerBerry is led by CEO Arūnas Lekavičius, who has over 15 years of experience in the financial industry. Arūnas is also, in parallel, the co-founder and CEO of Crowdpear. Supporting him is Rita Simanavičiūtė, Chief Marketing and Communications Officer, with over 20 years of expertise in strategic marketing and communications, including a notable stint leading the introduction of American Express cards in Lithuania. Tadas Bulota serves as the platform’s Lawyer and Compliance Officer.

PeerBerry is owned by three shareholders: Andrejus Trofimovas (50% shares), Vytautas Olšauskas (25% shares), and Ivan Butov (25% shares). Andrejus Trofimovas, who holds half of the shares, also serves as the CEO of Aventus Group.^[9]

PeerBerry received its initial venture round funding from Genrik Baitiul, and as of now, no additional funding rounds have taken place.^[10] In April 2021, Genrik Baitul traded his shares to Igor Trofimovas, giving him a 50% stake in the company. Later, in August 2022, the current CEO of Aventus Group, Andrejus Trofimovas, acquired all the shares previously held by Igor Trofimovas.^[11]

During FY23, PeerBerry’s sales revenue grew to €1.88 million, up from €1.79 million in FY22, reflecting a 4.62% year-on-year increase. However, business expenses rose to €1.37 million from €989,153, leading to a net profit after tax of €437,744, down 33.99% from €661,928 in FY22.^[12]

1. P2PMarketData: “PeerBerry Statistics”
2. PeerBerry: “PeerBerry in Numbers”
3. PeerBerry: “Loan Originators”
4. PeerBerry: “Manual Invest - Available loans”
5. PeerBerry: “Guarantees Buyback guarantee”
6. PeerBerry: “Statistics - ​​Interest paid to investors”
7. PeerBerry: “Statistics - Repayments of war-affected loans”
8. PeerBerry: “Assignment agreement - Assignment Fee / Service Fee”
9. Sudski Registar: “Croatia Company Register”
10. Crunchbase: “PeerBerry Funding”
11. PeerBerry: “Blog - Andrejus Trofimovas becomes a shareholder of PeerBerry”
12. PeerBerry: “Annual Report”

Founded in 2017, PeerBerry is an investment platform launched by Aventus Group, one of Europe’s largest non-banking lending groups located in Vilnius, Lithuania. PeerBerry offers a range of debt investment products, including real estate, short and long-term loans, leasing, and business loans. These opportunities stem from Aventus Group’s loan originators in Europe, CIS countries, and Asia.

Investors from countries not listed in the Financial Action Task Force Anti-Money Laundering (FATF AML) and high-risk jurisdictions of the E.U. can create a user on the platform. Since its beginning in 2017, PeerBerry has raised more than €2,82 billion, averaging a monthly volume of €55.99 million.^[1] The platform boasts a community of 93,085 investors.^[2]

• PeerBerry is an Aventus Group owned platform and issues loans via co-investment contracts with its loan originators.
• Investments on PeerBerry range in sizes of €3,882 to €10,000 across real estate, unsecured consumer loans, leasing and business loans.
• The minimum investment is set at €10, with interest rates at 9.5%.
• Current available loans have a duration between 600 days to 716 days.
• PeerBerry provides a buyback guarantee for delayed loans but does not offer a secondary market or early exit options.

PeerBerry serves as a bridge connecting investors with Aventus Group issued loans, which acts as underwriter through various loan originators in Europe, CIS countries, and Asia. Investors enter into loan agreements with PeerBerry, which in turn functions as a lender to Aventus Group. Operating as an investment platform, PeerBerry facilitates the connection between its investor community and the loan originators, who are partners of Aventus Group, the sister company.^[3]

Investors can choose from a variety of debt products such as:

• Short and long-term personal loans
• Leasing
• Business loans
• Real estate

PeerBerry offers campaigns ranging from €3,882 to €10,000, with a minimum investment of €10. Loan durations for the current active campaigns span 600 to 716 days.^[4] Repayment terms vary by loan type:

• Long-term and leasing loans: Monthly interest with partial principal payments.
• Business and real estate loans: Monthly interest with full principal repayment.
• Short-term loans: Bullet repayment at maturity.

PeerBerry provides a buyback guarantee on the loans. If a borrower delays payment for more than 60 days, the loan originator commits to repurchasing the claim, ensuring investors may receive their principal with interest. Investors have no direct legal ties to borrowers, as they lend money to PeerBerry/Aventus Group's partners. These partners hold the loan contracts and collateral, preventing investors from making direct claims against borrowers.^[5]

PeerBerry does not provide a secondary market for exiting investments early. However, it offers an auto-invest feature to queue for new investments, whose availability depends on the platform’s loan supply and demand. Since PeerBerry offers loans financed by Aventus Group, which uses its balance sheet, it can be assumed they have some control over loan availability. Additionally, PeerBerry provides a mobile app available on the Apple App Store and Google Play.

Among the current investments, PeerBerry offers an interest rate of 9.5%. Since its launch, the platform has paid out over €37.9 million in interest to investors. The platform has not disclosed the total amount returned to investors. Before the Russian invasion of Ukraine in February 2022, PeerBerry claims to never have experienced loans overdue for more than 60 days or defaulted loans.^[6]

Following the conflict in Ukraine, 83.81% of impacted loans are over 180 days overdue. However, the platform reports that €39.4 million of these loans have been repaid, with just €55,755 still outstanding.^[7]

PeerBerry does not charge investors directly but has a variable fee structure tied to the Terms and Conditions of each loan, including service and assignment fees. The platform generates revenue primarily through service fees, and since loans are facilitated by its sister company, Aventus Group, it likely profits from the spread within PeerBerry or Aventus Group.^[8]

Founded in 2017 by Aventus Group, PeerBerry is led by CEO Arūnas Lekavičius, who has over 15 years of experience in the financial industry. Arūnas is also, in parallel, the co-founder and CEO of Crowdpear. Supporting him is Rita Simanavičiūtė, Chief Marketing and Communications Officer, with over 20 years of expertise in strategic marketing and communications, including a notable stint leading the introduction of American Express cards in Lithuania. Tadas Bulota serves as the platform’s Lawyer and Compliance Officer.

PeerBerry is owned by three shareholders: Andrejus Trofimovas (50% shares), Vytautas Olšauskas (25% shares), and Ivan Butov (25% shares). Andrejus Trofimovas, who holds half of the shares, also serves as the CEO of Aventus Group.^[9]

PeerBerry received its initial venture round funding from Genrik Baitiul, and as of now, no additional funding rounds have taken place.^[10] In April 2021, Genrik Baitul traded his shares to Igor Trofimovas, giving him a 50% stake in the company. Later, in August 2022, the current CEO of Aventus Group, Andrejus Trofimovas, acquired all the shares previously held by Igor Trofimovas.^[11]

During FY23, PeerBerry’s sales revenue grew to €1.88 million, up from €1.79 million in FY22, reflecting a 4.62% year-on-year increase. However, business expenses rose to €1.37 million from €989,153, leading to a net profit after tax of €437,744, down 33.99% from €661,928 in FY22.^[12]

1. P2PMarketData: “PeerBerry Statistics”
2. PeerBerry: “PeerBerry in Numbers”
3. PeerBerry: “Loan Originators”
4. PeerBerry: “Manual Invest - Available loans”
5. PeerBerry: “Guarantees Buyback guarantee”
6. PeerBerry: “Statistics - ​​Interest paid to investors”
7. PeerBerry: “Statistics - Repayments of war-affected loans”
8. PeerBerry: “Assignment agreement - Assignment Fee / Service Fee”
9. Sudski Registar: “Croatia Company Register”
10. Crunchbase: “PeerBerry Funding”
11. PeerBerry: “Blog - Andrejus Trofimovas becomes a shareholder of PeerBerry”
12. PeerBerry: “Annual Report”

Founded in 2017, PeerBerry is an investment platform launched by Aventus Group, one of Europe’s largest non-banking lending groups located in Vilnius, Lithuania. PeerBerry offers a range of debt investment products, including real estate, short and long-term loans, leasing, and business loans. These opportunities stem from Aventus Group’s loan originators in Europe, CIS countries, and Asia.

Investors from countries not listed in the Financial Action Task Force Anti-Money Laundering (FATF AML) and high-risk jurisdictions of the E.U. can create a user on the platform. Since its beginning in 2017, PeerBerry has raised more than €2,82 billion, averaging a monthly volume of €55.99 million.^[1] The platform boasts a community of 93,085 investors.^[2]

• PeerBerry is an Aventus Group owned platform and issues loans via co-investment contracts with its loan originators.
• Investments on PeerBerry range in sizes of €3,882 to €10,000 across real estate, unsecured consumer loans, leasing and business loans.
• The minimum investment is set at €10, with interest rates at 9.5%.
• Current available loans have a duration between 600 days to 716 days.
• PeerBerry provides a buyback guarantee for delayed loans but does not offer a secondary market or early exit options.

PeerBerry serves as a bridge connecting investors with Aventus Group issued loans, which acts as underwriter through various loan originators in Europe, CIS countries, and Asia. Investors enter into loan agreements with PeerBerry, which in turn functions as a lender to Aventus Group. Operating as an investment platform, PeerBerry facilitates the connection between its investor community and the loan originators, who are partners of Aventus Group, the sister company.^[3]

Investors can choose from a variety of debt products such as:

• Short and long-term personal loans
• Leasing
• Business loans
• Real estate

PeerBerry offers campaigns ranging from €3,882 to €10,000, with a minimum investment of €10. Loan durations for the current active campaigns span 600 to 716 days.^[4] Repayment terms vary by loan type:

• Long-term and leasing loans: Monthly interest with partial principal payments.
• Business and real estate loans: Monthly interest with full principal repayment.
• Short-term loans: Bullet repayment at maturity.

PeerBerry provides a buyback guarantee on the loans. If a borrower delays payment for more than 60 days, the loan originator commits to repurchasing the claim, ensuring investors may receive their principal with interest. Investors have no direct legal ties to borrowers, as they lend money to PeerBerry/Aventus Group's partners. These partners hold the loan contracts and collateral, preventing investors from making direct claims against borrowers.^[5]

PeerBerry does not provide a secondary market for exiting investments early. However, it offers an auto-invest feature to queue for new investments, whose availability depends on the platform’s loan supply and demand. Since PeerBerry offers loans financed by Aventus Group, which uses its balance sheet, it can be assumed they have some control over loan availability. Additionally, PeerBerry provides a mobile app available on the Apple App Store and Google Play.

Among the current investments, PeerBerry offers an interest rate of 9.5%. Since its launch, the platform has paid out over €37.9 million in interest to investors. The platform has not disclosed the total amount returned to investors. Before the Russian invasion of Ukraine in February 2022, PeerBerry claims to never have experienced loans overdue for more than 60 days or defaulted loans.^[6]

Following the conflict in Ukraine, 83.81% of impacted loans are over 180 days overdue. However, the platform reports that €39.4 million of these loans have been repaid, with just €55,755 still outstanding.^[7]

PeerBerry does not charge investors directly but has a variable fee structure tied to the Terms and Conditions of each loan, including service and assignment fees. The platform generates revenue primarily through service fees, and since loans are facilitated by its sister company, Aventus Group, it likely profits from the spread within PeerBerry or Aventus Group.^[8]

Founded in 2017 by Aventus Group, PeerBerry is led by CEO Arūnas Lekavičius, who has over 15 years of experience in the financial industry. Arūnas is also, in parallel, the co-founder and CEO of Crowdpear. Supporting him is Rita Simanavičiūtė, Chief Marketing and Communications Officer, with over 20 years of expertise in strategic marketing and communications, including a notable stint leading the introduction of American Express cards in Lithuania. Tadas Bulota serves as the platform’s Lawyer and Compliance Officer.

PeerBerry is owned by three shareholders: Andrejus Trofimovas (50% shares), Vytautas Olšauskas (25% shares), and Ivan Butov (25% shares). Andrejus Trofimovas, who holds half of the shares, also serves as the CEO of Aventus Group.^[9]

PeerBerry received its initial venture round funding from Genrik Baitiul, and as of now, no additional funding rounds have taken place.^[10] In April 2021, Genrik Baitul traded his shares to Igor Trofimovas, giving him a 50% stake in the company. Later, in August 2022, the current CEO of Aventus Group, Andrejus Trofimovas, acquired all the shares previously held by Igor Trofimovas.^[11]

During FY23, PeerBerry’s sales revenue grew to €1.88 million, up from €1.79 million in FY22, reflecting a 4.62% year-on-year increase. However, business expenses rose to €1.37 million from €989,153, leading to a net profit after tax of €437,744, down 33.99% from €661,928 in FY22.^[12]

1. P2PMarketData: “PeerBerry Statistics”
2. PeerBerry: “PeerBerry in Numbers”
3. PeerBerry: “Loan Originators”
4. PeerBerry: “Manual Invest - Available loans”
5. PeerBerry: “Guarantees Buyback guarantee”
6. PeerBerry: “Statistics - ​​Interest paid to investors”
7. PeerBerry: “Statistics - Repayments of war-affected loans”
8. PeerBerry: “Assignment agreement - Assignment Fee / Service Fee”
9. Sudski Registar: “Croatia Company Register”
10. Crunchbase: “PeerBerry Funding”
11. PeerBerry: “Blog - Andrejus Trofimovas becomes a shareholder of PeerBerry”
12. PeerBerry: “Annual Report”

Founded in 2017, PeerBerry is an investment platform launched by Aventus Group, one of Europe’s largest non-banking lending groups located in Vilnius, Lithuania. PeerBerry offers a range of debt investment products, including real estate, short and long-term loans, leasing, and business loans. These opportunities stem from Aventus Group’s loan originators in Europe, CIS countries, and Asia.

Investors from countries not listed in the Financial Action Task Force Anti-Money Laundering (FATF AML) and high-risk jurisdictions of the E.U. can create a user on the platform. Since its beginning in 2017, PeerBerry has raised more than €2,82 billion, averaging a monthly volume of €55.99 million.^[1] The platform boasts a community of 93,085 investors.^[2]

• PeerBerry is an Aventus Group owned platform and issues loans via co-investment contracts with its loan originators.
• Investments on PeerBerry range in sizes of €3,882 to €10,000 across real estate, unsecured consumer loans, leasing and business loans.
• The minimum investment is set at €10, with interest rates at 9.5%.
• Current available loans have a duration between 600 days to 716 days.
• PeerBerry provides a buyback guarantee for delayed loans but does not offer a secondary market or early exit options.

PeerBerry serves as a bridge connecting investors with Aventus Group issued loans, which acts as underwriter through various loan originators in Europe, CIS countries, and Asia. Investors enter into loan agreements with PeerBerry, which in turn functions as a lender to Aventus Group. Operating as an investment platform, PeerBerry facilitates the connection between its investor community and the loan originators, who are partners of Aventus Group, the sister company.^[3]

Investors can choose from a variety of debt products such as:

• Short and long-term personal loans
• Leasing
• Business loans
• Real estate

PeerBerry offers campaigns ranging from €3,882 to €10,000, with a minimum investment of €10. Loan durations for the current active campaigns span 600 to 716 days.^[4] Repayment terms vary by loan type:

• Long-term and leasing loans: Monthly interest with partial principal payments.
• Business and real estate loans: Monthly interest with full principal repayment.
• Short-term loans: Bullet repayment at maturity.

PeerBerry provides a buyback guarantee on the loans. If a borrower delays payment for more than 60 days, the loan originator commits to repurchasing the claim, ensuring investors may receive their principal with interest. Investors have no direct legal ties to borrowers, as they lend money to PeerBerry/Aventus Group's partners. These partners hold the loan contracts and collateral, preventing investors from making direct claims against borrowers.^[5]

PeerBerry does not provide a secondary market for exiting investments early. However, it offers an auto-invest feature to queue for new investments, whose availability depends on the platform’s loan supply and demand. Since PeerBerry offers loans financed by Aventus Group, which uses its balance sheet, it can be assumed they have some control over loan availability. Additionally, PeerBerry provides a mobile app available on the Apple App Store and Google Play.

Among the current investments, PeerBerry offers an interest rate of 9.5%. Since its launch, the platform has paid out over €37.9 million in interest to investors. The platform has not disclosed the total amount returned to investors. Before the Russian invasion of Ukraine in February 2022, PeerBerry claims to never have experienced loans overdue for more than 60 days or defaulted loans.^[6]

Following the conflict in Ukraine, 83.81% of impacted loans are over 180 days overdue. However, the platform reports that €39.4 million of these loans have been repaid, with just €55,755 still outstanding.^[7]

PeerBerry does not charge investors directly but has a variable fee structure tied to the Terms and Conditions of each loan, including service and assignment fees. The platform generates revenue primarily through service fees, and since loans are facilitated by its sister company, Aventus Group, it likely profits from the spread within PeerBerry or Aventus Group.^[8]

Founded in 2017 by Aventus Group, PeerBerry is led by CEO Arūnas Lekavičius, who has over 15 years of experience in the financial industry. Arūnas is also, in parallel, the co-founder and CEO of Crowdpear. Supporting him is Rita Simanavičiūtė, Chief Marketing and Communications Officer, with over 20 years of expertise in strategic marketing and communications, including a notable stint leading the introduction of American Express cards in Lithuania. Tadas Bulota serves as the platform’s Lawyer and Compliance Officer.

PeerBerry is owned by three shareholders: Andrejus Trofimovas (50% shares), Vytautas Olšauskas (25% shares), and Ivan Butov (25% shares). Andrejus Trofimovas, who holds half of the shares, also serves as the CEO of Aventus Group.^[9]

PeerBerry received its initial venture round funding from Genrik Baitiul, and as of now, no additional funding rounds have taken place.^[10] In April 2021, Genrik Baitul traded his shares to Igor Trofimovas, giving him a 50% stake in the company. Later, in August 2022, the current CEO of Aventus Group, Andrejus Trofimovas, acquired all the shares previously held by Igor Trofimovas.^[11]

During FY23, PeerBerry’s sales revenue grew to €1.88 million, up from €1.79 million in FY22, reflecting a 4.62% year-on-year increase. However, business expenses rose to €1.37 million from €989,153, leading to a net profit after tax of €437,744, down 33.99% from €661,928 in FY22.^[12]

1. P2PMarketData: “PeerBerry Statistics”
2. PeerBerry: “PeerBerry in Numbers”
3. PeerBerry: “Loan Originators”
4. PeerBerry: “Manual Invest - Available loans”
5. PeerBerry: “Guarantees Buyback guarantee”
6. PeerBerry: “Statistics - ​​Interest paid to investors”
7. PeerBerry: “Statistics - Repayments of war-affected loans”
8. PeerBerry: “Assignment agreement - Assignment Fee / Service Fee”
9. Sudski Registar: “Croatia Company Register”
10. Crunchbase: “PeerBerry Funding”
11. PeerBerry: “Blog - Andrejus Trofimovas becomes a shareholder of PeerBerry”
12. PeerBerry: “Annual Report”