PeerBerry review 2025
In this PeerBerry review, you can examine the P2P lending platform’s features, advantages, and potential downsides. Dive deep into our full analysis of PeerBerry’s offering or see a summary of the primary findings in the box below:
PeerBerry
Pros
Cons
PeerBerry review summary:
PeerBerry is one of the best platforms for short-term investment right now. Most investments only take around 30 days. This means that you can withdraw your money from PeerBerry within a month, unless you have delayed loans. Investments are protected by a 60-day buyback guarantee, which means that delayed loans will be bought back by PeerBerry after 60 days. The platform is one of the best in the industry.
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Introduction to our PeerBerry review
PeerBerry is a well-known P2P lending site praised for its ease of use and solid track record. This PeerBerry review shares our own opinions on what we like and dislike, plus how PeerBerry compares to other P2P platforms. None of this is investment advice — just our personal take. To learn more about any topic, feel free to jump ahead or read the full review.
Learn about the following in our PeerBerry review:
- What is PeerBerry?
- Is it safe to invest on PeerBerry?
- What is the return on PeerBerry?
- What are the fees on PeerBerry?
- Who can invest on PeerBerry?
- How to invest on PeerBerry?
- How to withdraw money from PeerBerry?
- What are the problems with PeerBerry?
- What are the best PeerBerry alternatives?
- Conclusion of our PeerBerry review
What is PeerBerry?
PeerBerry is a Croatian peer-to-peer (P2P) lending marketplace launched in November 2017. It connects investors to international consumer and business loans and advertises returns of up to 10.00%. Investors can start investing with as little as €10.
PeerBerry works by partnering with established loan originators. These originators pre-fund the loans, and investors then select which of those loans to invest in on the PeerBerry platform. Many of the loans come with a buyback guarantee, providing an added layer of security for investors.
The platform has attracted over 98,000 investors and has funded more than €2.9 billion worth of loans since its launch.
PeerBerry d.o.o. is not regulated, as it is not required in the jurisdiction in which it operates. It is owned by the Lithuanian-based payday lender Aventus Group, which has been profitable since its first year of operations in 2009.
PeerBerry statistics:
| Launched: | 2017 |
| Investors: | 98,000 + |
| Interest rate: | 9 – 14 % |
| Loan period: | 1 – 60 months |
| Loan type: | Consumer |
| Loans funded: | € 2,900,000,000 + |
| Min. investment: | € 10 |
| Max. investment: | Unlimited |
PeerBerry Trustpilot rating
PeerBerry has received a TrustScore of 4.2/5 based on 254 reviews on Trustpilot. While investors appreciate its robust handling of war-affected loans, strong guarantees, and straightforward interface, many have highlighted issues with cash drag, leading to auto-invest inefficiency and decreased real returns. Despite these concerns, PeerBerry’s clear communication and consistent track record in repaying loans continue to garner support from a majority of users.
Is it safe to invest on PeerBerry?
PeerBerry is one of the safest P2P lending platforms in Europe. It has been operating reliably since 2017, with no capital loss for investors. A notable 96.03% of its loans are currently performing well.
All loans listed on PeerBerry include a buyback guarantee, and loans from the Aventus Group come with an additional group guarantee to protect investors from non-performing loans.
Unregulated platform
PeerBerry is not regulated, but it is owned by the profitable Aventus Group, which indicates that the platform is both legitimate and not a scam.
Profitability
PeerBerry is a profitable P2P lending platform that generated a net profit of €437,745 in 2023. The platform has consistently been profitable since its operational launch in 2017. This strong financial track record inherently reduces the platform’s overall risk for investors.
| Year | Net profit/loss |
|---|---|
| 2023 | 437,745 euros |
| 2022 | 663,455 euros |
| 2021 | 254,301 euros |
| 2020 | 142,147 euros |
| 2019 | 284,550 euros |
| 2018 | 98,830 euros |
Loan originators
PeerBerry has 24 loan originators in 15 countries that deal in 5 different loan types, making it one of the best marketplaces for diversification.
PeerBerry does not require loan originators to retain skin in the game on the loans, which is a slight disadvantage as the industry norm is for lending companies to keep around 5-10% skin in the game. By holding a portion of the loan themselves, originators share the risk with investors. This shared responsibility typically encourages more careful underwriting and discourages reckless lending practices.
PeerBerry buyback guarantee
On PeerBerry, all loans are covered by a 60-day buyback guarantee. This means that if a borrower is more than 60 days late with repayments, the loan originator automatically repurchases the loan from the investor along with accrued interest.
The loan originators on PeerBerry are required to keep 10% of the listed loans in cash to facilitate buyback guarantees.
The PeerBerry buyback guarantee has a duration of 60 days, which is the industry standard. This is longer compared to Robocash and Loanch, which offer the shortest buyback duration on the market at 30 days.
Investors should keep in mind that the reliability of the PeerBerry buyback obligation depends on the financial stability of the loan originators. If the loan originators are unable to buy back the loans, the buyback guarantee becomes worthless.
PeerBerry group guarantee
PeerBerry offers a group guarantee for loans from the Aventus Group and the Gofingo Group. This guarantee is activated if a loan originator is unable to honor the buyback guarantee. In such cases, individual loan originators receive additional backing from the Aventus Group and the Gofingo Group to cover any liabilities, ensuring the protection of investors’ investments.
The PeerBerry group guarantee was used to repay €51,400,000 worth of war-affected loans impacted by the conflict between Ukraine and Russia from February 24, 2022, to December 16, 2024, demonstrating its reliability to date. However, it is important to acknowledge that future force majeure events could impact the effectiveness of this group guarantee, especially if the entire group faces significant challenges.
Two-factor authentication
PeerBerry offers two-factor authentication (2FA) to strengthen your account security. This feature integrates with the Google Authenticator app, generating unique, time-based passcodes that safeguard investor funds from unauthorized access. Given the history of hackers targeting P2P lending platforms, enabling 2FA is highly recommended.
What is the return on PeerBerry?
PeerBerry’s average annual investment return is 11.14%. This places the platform in the mid-range compared to other P2P platforms, where typical advertised returns range from 12% to 13%.
In practice, investors sometimes see effective yields drop to 6–8% due to cash drag. This occurs when funds remain idle before being matched to new loans, driving down the effective yield.
The interest rates on PeerBerry ranges from 9% to 12%, leaving little room for significantly higher returns. While PeerBerry’s interest rates may not be the highest, the returns have been quite stable over time.
PeerBerry loyalty program:
The PeerBerry loyalty program rewards investors who invest a minimum of €10,000 for more than 90 days, which can enhance the returns for investors with larger portfolios. The program has a traditional structure with gradual bonuses, benefiting medium to large investors.
- Silver: Get a 0.50% bonus on €10,000+ portfolios after 90 days.
- Gold: Get a 0.75% bonus on €25,000+ portfolios after 90 days.
- Platinum: Get a 1.00% bonus on €40,000+ portfolios after 90 days.
Compared to other platforms, the PeerBerry loyalty program is not among the best. For smaller investors or those just starting, Hive5 offers a more attractive loyalty program, as it has a lower minimum requirement of €5,000 with higher rewards. For investors focused on maximizing returns and willing to invest a minimum of €25,000, Swaper’s significant single bonus of +2% could be more appealing.
What are the fees on PeerBerry?
Investors are not charged any fees when using the PeerBerry platform. Opening an account, investing, and withdrawing funds are all free of charge. This makes it easier for investors to understand their potential returns and costs from the outset.
Instead of passing costs onto investors, PeerBerry makes its money by charging a commission to the loan originators – the companies that list their loans on the platform.
- Deposit fee: No
- Investment fee: No
- Inactivity fee: No
- Selling fee: No
- Withdrawal fee: No
With a simple 0% fee structure and no hidden charges, PeerBerry stands out from its largest competitor, Mintos, which has a more complex fee structure with charges for different services.
Does PeerBerry withhold taxes?
PeerBerry does not withhold taxes from investors’ earnings. This makes it easier to handle your taxes compared to some regulated competitors such as Mintos, NEO Finance, VIAINVEST and TWINO, which do withhold a portion of your earnings for tax purposes.
Tax report
PeerBerry provides a tax report to simplify declaring your earnings to local authorities. To generate your tax statement, navigate to your profile, click on “Statement,” select the desired date range, then click “Generate” to produce and download your report.
Who can invest on PeerBerry?
At PeerBerry it is both possible for individuals and companies to invest. If you want to invest via the platform, you must meet the following requirement:
- Minimum age of 18 years
- You are not a citizen of a country included in the Financial Action Task Force anti-money laundering (FATF AML) list, and high-risk jurisdictions list of the EU
If you fit this requirement, you can probably invest via PeerBerry (visit the website).
How to invest on PeerBerry?
Before you can start investing on PeerBerry, you must complete the following steps:
- Sign up on the PeerBerry website.
- Verify your identity.
- Complete the KYC questionnaire.
- Deposit funds into your account.
The entire registration process usually takes about 5-10 minutes, including signing up, verifying your identity, filling out any required questionnaires, and making your first deposit.
You can deposit money into your PeerBerry account using SEPA transfers. The minimum deposit is €0.01, and funds typically arrive within 1-3 business days. It is only possible to deposit funds in Euros (EUR).
Once you have funded your account, you can start investing in P2P loans on the platform. PeerBerry allows you to invest manually by browsing available loans or automatically using a predefined or custom auto-invest strategy.
PeerBerry auto-invest
PeerBerry provides an auto-invest feature to automatically allocate funds into suitable loan investments based on each investor’s predefined criteria, saving time and simplifying the investment process.
The auto-invest tool enables you to configure key parameters, including portfolio size, maximum investment per loan, interest rate, loan term, loan status, countries, and loan originators. You can also automatically reinvest all returns.
Setting up a PeerBerry auto-invest strategy only takes 1 minute, and your funds should be invested within a few hours. If your auto-invest is not working, it is usually due to a lack of loans that meet your criteria. This can happen when your filters are too narrow or when no suitable loans are available.
PeerBerry app
PeerBerry provides a dedicated mobile app for both Android and iOS devices. This feature sets PeerBerry apart, as only a handful of its competitors currently provide mobile apps.
The PeerBerry app allows you to review your portfolio performance and track investments on the go. You can also conveniently manage your auto-invest feature with just a few taps.
The app has a high rating of 4.2 out of 5 stars and has been downloaded over 50,000 times, making it appealing for on-the-go investors.
How to withdraw money from PeerBerry?
You can withdraw your uninvested funds from PeerBerry at any time using the withdrawal section of your investor account. The minimum withdrawal amount is €1 and it usually takes 1-2 business days for your funds to arrive in your bank account.
PeerBerry does not charge any fees for withdrawing funds from your account, but your bank may charge fees for receiving international transfers.
To exit PeerBerry, you must first turn off all auto-invest strategies and wait for any outstanding loans to mature. If you hold non-performing loans, the platform must first recover the underlying debt before allowing withdrawals, which can negatively affect your liquidity.
No secondary market
PeerBerry does not have a secondary market, which means that investors must hold loans until they reach maturity. While this may not pose a problem for short-term loans with durations of 30 days, it can present a significant liquidity risk for investors with long-term loans.
The lack of a PeerBerry secondary market is a major drawback compared to other platforms like Robocash and Esketit, which offer secondary markets for enhanced liquidity.
What are the problems with PeerBerry?
The primary problem with PeerBerry is frequent cash drag with no loans available for investment.
Cash drag
PeerBerry frequently experiences cash drag on short-term loans due to high investor demand exceeding the availability of loans, leading to idle funds and potentially reduced returns for investors.
To reduce cash drag on PeerBerry, investors can choose to invest in long-term loans, but with no secondary market on the platform, this choice might make it harder for investors to access their money when they need it.
PeerBerry’s cash drag is a major disadvantage compared to other platforms like Mintos and Esketit, which don’t usually experience cash drag.
What are the best PeerBerry alternatives?
Some of the best alternatives to PeerBerry are Mintos, Esketit and Robocash. Contrary to PeerBerry, all of these platforms feature a secondary market and experience fewer problems with cash drag.
Conclusion of our PeerBerry review
PeerBerry is one of the best P2P lending platforms in Europe for short-term loans. The platform stands out for its stable performance, strong group guarantee, and a robust track record since 2017.
While PeerBerry offers no investment fees, average returns of around 11.14%, and fast turnaround on short-term loans, the absence of a secondary market, periodic cash drag, and lack of regulation may concern some investors.
PeerBerry is worth considering for those seeking reliable short-term returns backed by a profitable parent company and moderate levels of risk. It might not be a good fit for highly risk-averse individuals or those who need immediate liquidity for long-term loans. If you need better liquidity options, it might be worth to explore other P2P lending platforms.
Have you decided to invest after reading this PeerBerry.com review? Then simply click the button below to get to their site. From here, you can sign up as an investor in just a few moments and start investing on the PeerBerry platform:
