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PeerBerry Analysis

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Last updated in October 2022.

What is PeerBerry?

PeerBerry is a debt investment marketplace, connecting global loan originators with investors worldwide. Whilst most originators are geared towards short-term consumer loans, PeerBerry also provides access to real estate loans; with only one originator focusing on business loans. Launched in 2017 under parent company and global lending entity Aventus Group, PeerBerry has since funded over €1.35 billion in global loans; brokering primarily short-term loans as the new crowdlending wave sweeps across Europe and Asia.

Key Takeaways

  • Debt investment marketplace utilising a solid web of global loan originators
  • Mostly short-term consumer loans with an average return rate of 11.09%
  • Global auto-invest options from as low as €10

Who is Behind PeerBerry?

PeerBerry was once a subsidiary of the collective entity Aventus Group; a web of global loan providers launched in 2009 - one of the longest-standing players in the modern online lending environment. With Aventus deciding to focus solely on lending procedures, PeerBerry was launched in 2017 to enable retail investors fractional investments in the issued debt.

PeerBerry was originally dually owned by equal shareholders Igoris Trofimovas and Ivan Butov; Since a few recent changes, the company is now shared between Aventus Group CEO Andrejus Trofimovas, with 50% shares; Vytautas Olsauskas with 25% and Ivan Butov owning the final 25%; each investment fueling three rounds of funding for the platform.

Aušra Čiuplienė sat at the helm of PeerBerry after trailblazing Aventus’ fresh-faced marketplace. Currently, Arunas Lekavicius has stood as the company’s CEO since 2019. Whilst formally breaking away from Aventus Group in 2017, strong links remain, and Aventus is still one of PeerBerry’s main originators despite more companies slowly joining the platform.

PeerBerry’s global growth model seems to be working, the company earned a net profit of over €‎254,000 in 2021, nearly double from the previous year.

PeerBerry's Investment Product

PeerBerry provides a digital marketplace bridging global loan originators to investors. The company sources loans from originators including original owner Aventus Group, Gofingo, Lithome, SIBgroup and Likelektra. Each with its own plethora of lending companies, investors can invest in short and long-term, consumer, business, and real estate loans.

Due to the short-term nature of a lot of PeerBerry’s loans, the platform’s auto-invest feature increases passivity and investment efficiency.

How Much Can You Earn?

PeerBerry’s home page claims returns up to 12.5%, and with an average annual return of 11.09% since 2017, the platform seems to be delivering on its competitive return rates. Investors can access publicly available financial data and past statistics via the company’s website, easing the transparency-fueled angst with some of the newer marketplace lending platforms sprouting across Eastern Europe.

The minimum investment is only €10. The company has had loans overdue for more than 60 days but are yet to experience any defaulted loans since launching in 2017. The company charges no fees directly to investors.

Other Considerations

PeerBerry has no secondary market. The absence of a secondary market might put investors more on edge, but due to the short-term nature of PeerBerry’s loan options coupled with the buyback scheme, the company boasts a strong liquidity model.