VIAINVEST review 2021
Check out our VIAINVEST review, and decide if the platform is for you.
Overview of VIAINVEST
We find the return compared to the safety favorable.
The VIAINVEST platform is very beginner friendly.
VIAINVEST has made some good safety measures.
Investors get an average return of 12.00%.
We Don’t Like
Summary: We really like the VIAINVEST platform. They have a user-friendly interface that makes them a good choice – even for the beginner. With a solid and profitable business behind the platform, we are also convinced that your money is safe on the platform. However, the return you can get with VIAINVEST is slightly lower than what certain competitors can offer. As a whole, the platform is still a splendid choice.
It’s completely free to use their platform
Last updated: September 22, 2021
Introduction to our VIAINVEST review
There are a decent amount of VIAINVEST reviews lying around on the internet. Even so, we decided to take a closer look at the platform. The result of our efforts resulted in this VIAINVEST.com review.
If you are interested in investing with VIAINVEST, we highly recommend you to continue reading. In this VIAINVEST review, we will go into more detail about what VIAINVEST is, what return you can expect and whether it is safe to use at all.
However, before delving into the review, we would like to remind you that this VIAINVEST review only reflects our experience with the platform. Therefore, nothing you read on this page should be considered investment advice.
Learn about the following in our VIAINVEST review:
What is VIAINVEST?
VIAINVEST is a Peer-to-Peer marketplace. Here, private lenders can invest in loans that come from the non-banking lender VIA SMS Group and its subsidiaries.
The loans offered at VIAINVEST.com are 100% pre-funded by loan originators. However, the loan originator must at least keep 5% of the loan itself. It’s possible to both invest in consumer loans and business loans on VIAINVEST.
VIAINVEST is a part of VIA SMS group. Since its founding in 2008, VIA SMS group has expanded operations to 7 countries and has grown into one of the leading European consumer lenders. VIAINVEST’s headquarters are located in Riga, Latvia.
On a group-level, the company currently employs 218 people around the world.
Since the launch of VIAINVEST in late 2016, over 24,000 investors have registered on the platform. At the time of writing, the average deposit from these investors has been €2,891.
With as little as €10, you can start investing through the platform.
|Interest rate:||8 – 12 %|
|Loan period:||1 – 24 months|
|Loans funded:||€ 100,000,000 +|
|Min. investment:||€ 10|
No investment is 100% safe. So even though VIAINVEST protects your money with buyback guarantees, etc., you still risk losing your invested capital.
VIAINVEST Trustpilot reviews:
Of the investors that have tried and tested VIAINVEST, some of them have reviewed the platform and shared their experience on Trustpilot. Most of the reviews are very positive and VIAINVEST has received a great score:
With a great Trustpilot score based on investor ratings, the VIAINVEST is definitely worth considering:
In the following part of this VIAINVEST review, you can learn about the different important features you can find on the P2P platform:
1. VIAINVEST auto-invest
VIAINVEST has an auto-invest feature. Since there is not much difference between the loans you can invest in with VIAINVEST, it may actually be a good idea to use. By setting up a VIAINVEST auto-invest strategy you will save a lot of time in selecting the loans.
Below you can see a screenshot from the VIAINVEST auto-invest creator:
2. VIAINVEST Buyback Guarantee
The VIAINVEST Buyback Guarantee protects investors against non-performing loans.
If a loan is not being paid back by the borrower, the VIAINVEST Buyback Guarantee obligates the loan originator to repurchase the loan if it’s delayed with more than 30 days.
All the loans that are protected by the guarantee are marked by a Buyback Guarantee icon.
3. VIAINVEST app for Android and iOS
VIAINVEST has released an app that makes it easy for investors to check their portfolios and invest on the go:
What rate of return can you expect?
If you look at the average interest rate on the VIAINVEST platform since the launch in 2016, it’s right around 11%.
However, due to a change starting from June 13, 2019, all new loans come will have an 11.00% interest rate. In March 2020, they decided to increase this number to 12.00%. So henceforth, you can reasonably expect this kind of return at VIAINVEST.
The change means that the return you are going to get from VIAINVEST is VERY stable. We see it as a huge plus.
But at other similar P2P lending companies, you will find a higher, but more unstable return. Among others, both PeerBerry, Mintos, and Robocash offers a higher return than what is to be found at VIAINVEST.
Who can invest via VIAINVEST?
Both individuals and companies can invest with VIAINVEST. However, the platform is currently only open to European and Swiss investors. To invest through VIAINVEST, you must meet the following requirements:
- Minimum age of 18
- Tax residency in Europe or Switzerland
If you meet these few requirements, you can probably start investing with VIAINVEST. Simply follow this process:
- Create an account
- Add funds to your account
- Start investing
When you create your account, you must provide personal information including your passport number. Information is matched with information from the money transfer you make to VIAINVEST. Therefore, make sure to send money from your own bank account. If the information matches, your account is activated, and you can start investing.
Are you ready to become a VIAINVEST investor? Then press the button below to sign up. It’s probably the fastest way from reading this VIAINVEST review to investing yourself:
Is VIAINVEST safe to use?
One of our biggest concerns when dealing with Peer-to-Peer lending companies is whether they are safe for investors or not. This has therefore rightly been given some of our attention in this VIAINVEST review. Below you can learn more about non-performing loans, the VIAINVEST buyback guarantee, and the company health:
Non-performing loans are expected when dealing with consumer loans. At VIAINVEST this rate of non-performing loans is around 7.2%. So out of the total amount of loans issued, 7.2% end up being late or in default. But please keep in mind that this is for the whole portfolio of VIA SMS Group, which includes loan originators that are not yet listed on VIAINVEST. Previously, the percentage of non-performing loans has been slightly lower than 7.0%.
VIAINVEST Buyback Guarantee
To protect against non-performing loans, VIAINVEST offers Buyback Guarantee on their loans.
With the VIAINVEST Buyback Guarantee, the loan originator must repurchase any loan contract you invest in if it is delayed over 30 days.
All the loan contracts that are protected via the guarantee is marked by a Buyback Guarantee icon.
Since a guarantee is only as secure as the one issuing it, we have had a closer look at VIA SMS Group, the company behind VIAINVEST. Specifically, we have examined whether they as a group are profitable. In addition, we have looked into whether they will be able to pay for the guarantees they issue in the event that the number of non-performing loans increases.
Via the audited consolidated and separate financial statements for the year of 2018, we found that VIA SMS Group is indeed profitable. Moreover, they actually managed to increase their net profit as a group to €2,768,915 for 2018.
We also found that the group in 2018 had cash and equivalents of €1,866,045. This leaves room for the potential risk of an increase in non-performing loans, which could potentially happen if a financial turndown occurs.
Can I get a VIAINVEST promo code?
Unfortunately, there is not an active VIAINVEST promo code at the moment.
From time to time, VIAINVEST makes promotional offers. Here you can get and enter a referral code in the “promo code” field upon signing up to get a bonus.
We will keep you posted if a new VIAINVEST referral code arrive or if you can get a cashback bonus.
Do you want to sign up as a VIAINVEST investor? Then simply press the button below to create an account. From here, you can quickly get started investing:
Conclusion of our VIAINVEST review
The VIAINVEST platform is great. With their user-friendly platform, anyone can get started with P2P lending.
It is far from every P2P lending platform that is profitable. However, VIA SMS Group, the company behind VIAINVEST, is profitable. That’s a big reason why we believe your funds are safe on the P2P lending platform.
Of the negative things we have to say about the VIAINVEST, the return is slightly lower than the return you can find on other P2P platforms like Mintos, NEO Finance and FAST INVEST. At the same time, you’ll have to wait 120 days after the investment is made, to be able to initialize a buyback manually. After waiting 120 days, you can make an early exit of a particular loan at VIAINVEST by clicking the “Initialize Buyback” button which appears on your loan profile.
Would you like to invest with the platform after reading this VIAINVEST review? Then simply click the button below. This will take you to VIAINVEST.com, where you can sign up and get started investing: