PeerBerry Review

After 24 months and more than €10.000 invested.
PeerBerry is my go-to platform for short-term P2P lending with over 11% of interest. Read my PeerBerry Review to find out why.

Average Interest 13.01%
Buyback Guarantee
Medium Liquidity
Invest from €10
PeerBerry during COVID-19: PeerBerry is one of the few P2P lending sites that has not reported any issues during the current COVID-19 outbreak. While Crowdestor paused their operation, Monethera and Grupeer are facing serious accusations about a potential scam. PeerBerry’s withdrawals and repayments are still working perfectly. I continue investing on PeerBerry as well as EstateGuru while decreasing my investment amount on Mintos.

PeerBerry is a popular P2P lending platform from Latvia. The P2P platform is strongly focused on connecting investors with non-banking loan companies which are also called loan originators. In short, Peerberry allows you to invest in short-term loans and earn up to 14% of interest.

PeerBerry’s unique selling point is the short turnover of investments. What it means that in most cases you never lock your capital for more than 30 days. This gives investors the opportunity to withdraw money within a few weeks without any penalties, which is not the case on platforms such as EstateGuru.

You are eligible to invest on PeerBerry if you are over 18 years old and have a European bank account. If you are outside of Europe you can open a EUR account with TransferWise. I personally use my N26 account. Another added benefit is that you can reside anywhere in the world in order to sign-up on PeerBerry – even the UK or the U.S. . This isn’t the case with all European P2P platforms.

Is investing on PeerBerry safe?

It’s safe as any other platform that lists payday loans.

PeerBerry currently offers the following protection on your investments:

Buyback Guarantee: First we have the buyback guarantee. This means that the loan originator (loan company) will buy back your investment if the borrower delays its payments for more than 60 days.

Additional Guarantee: New loan originators that aren’t financially as strong are backed up by an additional guarantee, provided by PeerBerry’s umbrella companies Aventus Group and Gofingo.

Collateral: Moreover certain loans are further backed by collateral such as the vehicle in case of leasing.

Personally I never had any issues with PeerBerry and I would not invest more than €10.000 into one platform if I would have concerns about the safety of my money.

When reviewing P2P platforms you should always have a look at the platform’s statistics. Statistics will give you an idea about the P2P platform’s performance as well as its growth.

PeerBerry Statistics
Operating since: 2017
Investor’s earnings: + €1.8 M
Total loan value: + €191 M
Amount of investors: +17.000

Even though PeerBerry was founded in 2017, it could attract already more than 17.000 investors with little to no marketing efforts.

For more details and financial KPIs, refer to the PeerBerry’s annual financial report. PeerBerry is operated by AV Marketplace.

Let’s have a look at the reasons why you should invest on PeerBerry as well as some issues that you should be aware of.


  • 60 Day Buyback Guarantee + Additional Guarantee
  • Stable interest rate
  • Automated investments with Auto Invest
  • Easy Sign-Up and fast money transfer
  • 0,5% Cashback bonus and Loyalty bonus up to 1% (from min. €10.000 of investments)
  • No cash-drag


  • Not so many diversification options as on Mintos
  • Not suitable for long-term investments
  • No instant cash out options like Mintos Invest & Access

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PeerBerry Diversification

Even though PeerBerry is a rather small P2P lending platform, compared to the giant Mintos, it can still offer an interesting variety of diversification options.

PeerBerry offers you the following diversification options at the moment:

Loan Originators: 17
Loan Originators: short-term, leasing, installment
8 countries: €1 (min. deposit €100)
6 Countries: Lithuania, Poland, Czech Republic, Denmark, Kazakhstan, Republic of Moldova, Russia, Ukraine
Minimal investment amount: €10
Surety: personal surety, first rank mortgage, second rank mortgage
Loan period: from 10 to 60 days (in most cases)
Interest: 11% – 13,7%
Buyback Guarantee: Yes
Auto Invest: Yes

When I started investing on PeerBerry the platform listed considerably fewer loan originators. Investors can tell that in recent months PeerBerry expanded its portfolio and started offering investment opportunities for leasing and installments.

In my opinion, this is a step in the right direction when it comes to diversification options.

Even though short-term loans are still dominating on PeerBerry, it is good to have the choice to diversify across multiple loan types as well.


PeerBerry Risk & Returns

PeerBerry collaborates with loan originators that list their loans on the platforms. This adds another layer of risk to the equation – the risk with the loan originator.

When investing on EstateGuru you don’t need to be worried about loan companies as those platforms work directly with borrowers.

Nevertheless, PeerBerry offers certain guarantees that help decrease the risk. All of the loans are secured by a buyback guarantee. Some of the investments are further secured by collateral. This is mostly the case for investments into leasing.

The average interest on PeerBerry is 11,53% per year. I myself manage to achieve on average 11,44% per year. Compared to other P2P lending platforms, listing similar loans, this is an average performance.


PeerBerry Functionality

PeerBerry is very simple to use. There aren’t as many options as on Mintos, however, there is an Auto Invest feature that allows you to define your preferences and invest for you automatically. This is a good way to let your money work for you without login in continuously and investing manually.

Compared to Mintos, where the supply of loans can turn short sometimes, PeerBerry manages to always list enough loans on the platforms so investors won’t experience any cash drag.

A disadvantage might be that there is no secondary market at the moment, meaning you cannot withdraw your money instantly as it’s the case with Mintos.

Investors that set up their Auto Invest to invest only in short-term loans can, however, withdraw the money at the end of the loan period, which is in most cases shorter than 30 days.


PeerBerry Support

PeerBerry doesn’t offer a live chat yet but you can reach their support via email. Just send your questions to and you should get a reply within 48h.

This isn’t the fastest response time, compared to other P2P lending sites, it’s however also not the slowest. The reply I received when asking some investor’s specific questions was, however, always to the point.


My portfolio on PeerBerry

I started investing on Peerberry in February 2018 and since then I have built a portfolio worth more than €10.000 without any loss and annual interest of around 11.6% per year.

PeerBerry review portfolio

The four things I like the most about PeerBerry are:

  1. You have a very good overview of your investments and can automate everything with the Auto Invest feature
  2. You get a buyback guarantee that increases the protection of your investment with a good return of more than 11% per year
  3. There is always enough loans that match my criteria – I never experienced any cash drag
  4. You can access your money fast – I could withdraw 50% of my portfolio within 14 days

I believe that particularly when there is an uncertainty in the market about future economic performance, it is good to be invested in platforms that allow you to act fast if you need to withdraw your money.

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Is PeerBerry safe?

I have been investing on PeerBerry since 2018 and I have never had any issues withdrawing my investments. PeerBerry cares about the safety of the investor’s capital. So far I haven’t had any loss.

How does PeerBerry work?

PeerBerry is a P2P lending platform that lists loans of loan originators. Investors invest in those loans for an average interest of 11,53% per year. Your investment is protected by a buyback guarantee or collateral.

Where can I find statistics about PeerBerry?

You can find the PeerBerry statistics on their homepage. For further data please have a look at the my PeerBerry Review Statistics section.


PeerBerry Review Summary

PeerBerry is a very good platform for anyone who is looking for short-term capital commitment. Each investment takes no longer than one month (in most cases) which means you can withdraw all your money from the platform within 30 days unless you have delayed loans – in that case, it can take up to 60 days longer.

This is an amazing benefit that most investors overlook.

On many other platforms, you lock up your capital for several months. This can be avoided with PeerBerry. If you are looking for short-term gains, PeerBerry is worth a try.

I use PeerBerry to diversify my platform risk and increase the liquidity of my investments. I know that I will be able to access my capital in a very short time frame if I should need it.

Additionally, investors earn more than 11% of interest on their investments, which is a solid return considering you are investing in loans with buyback guarantee.

The mix of the mentioned benefits with a variety of protective measurements to keep your money safe makes the PeerBerry a trustworthy alternative to Mintos and other P2P lending platforms.

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If you sign up on PeerBerry and invest you will get a 0.5% bonus on your investments within 90 days from registration. The PeerBerry bonus goes up to 1.5%.



  1. October 5, 2019 at 9:01 pm

    For now, I am very interested and satisfied about PeerBerry. But what I am mlst curious of, is how the tax is paid. It is said that PeerBerry does not charge tax. What about that? Do I pay tax to Lithuania, or my home country

    1. October 8, 2019 at 6:22 am

      Hi Martin, thanks for your comment. Yes, you are right. Peerberry doesn’t charge you any tax. This remains the obligation of the investor, based on his tax residency. Meaning wherever you reside (tax residency) you need to pay the tax from capital gains there. The process is simple, download the income statement under and add it to your annual tax report.

      Here is a list of countries with the tax you need to pay from capital gains:

  2. November 8, 2019 at 11:59 am

    Hello, I’ve recently picked up peerberry and started investing small amounts to try out the platform and verify the very good reviews I’ve read about it. However, I still have a question, do you happen to know if it is possible to completely lose the money on guaranteed loans? Isn’t this too good to be true? Additionally, does the guarantee cover both the principal and interest?

    1. November 9, 2019 at 11:13 am

      Hi Alesandro, thanks for reaching out. I started exactly as you, investing small amounts and increasing as I gained trust towards the platform. I will try to answer your questions to my best knowledge, you can also reach out to PeerBerry directly (, they are usually very responsive.

      Is possible to completely lose the money on guaranteed loans? Everything is possible, but it’s highly unlikely. The Buyback Guarantee is something the Loan Originator needs to fulfill as stated in the Assignment Agreement. Even if the Loan Originator would go out of business the company is backed by the holding company (Aventus Group or gofingo), meaning that the holding company will pay back the outstanding amount. If you diversify properly, I don’t think there is a chance that you would completely lose your investment. I haven’t lost a single cent with PeerBerry so far.

      Isn’t this too good to be true? I don’t think so. There are huge margins on short-term loans. The Loan Orginator might lend the money for 20%-40% APR, you get a cut of 11-12%.

      Does the guarantee cover both the principal and interest? It covers both ->

      Hope this helped.

  3. May 23, 2020 at 12:17 pm

    Hey Kuba! First of all it’s great to see people from my country (Slovakia) being financially literate! 🙏🏻 I checked the list of capital return taxes and it seems like I would have to pay the highest tax (34%) as I’m a permanent resident in Finland. I think it’s just ridiculous.
    I wanted to ask if it would be possible to start investing now through Mintos and EstateGuru from my Finnish account as I don’t want to keep my savings just lying around, but withdraw the profits (or just keep reinvesting them back) once I’m a resident of another country (I do plan to relocate anyways soon).

    Or if you have some other tips what I could do please let me know!

    Dakujem za odpoved ! 😊

    1. June 1, 2020 at 3:36 am

      Hi Monika,

      I am not a tax advisor, but even if you invest on EstateGuru or Mintos, you’ll need to pay the same tax rate (if your tax residency will reimain Finland).

      A friend of mine (who comes from Finland) uses the Estonian e-residency and invests in P2P through his Estonian company (he does have a valid physical address in Tallin I believe). That’s one workaround to avoid high tax rates. You can also set up your residency in Malta or Cyprus (they have lower tax rates). It all comes down to your preferences but it’s not as easy.

      Hope this helps :)

  4. July 15, 2021 at 10:32 am

    Hello Kuba. Just started with PeerBerry … an hour ago. I now need to transfer money into my account. I had heard before that you must transfer via Sepa/from Europe. But from what I see now, they indicate their bank details with no particular limitation so it is ok to transfer via Transferwise, money from overseas, right ?

    1. July 19, 2021 at 10:34 am

      Hi, no. You should only send money from your own bank account at Transferwise. If you send it from overseas via Transferwise’s transfer service, it won’t show up on PeerBerry as an incoming transfer from your account. Meaning, you open a bank account at Transferwise and send the money from your “balance”.

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