Posted by Thanks to rising loan volumes from existing business partners and the continued expansion of the Aventus Group, the growth trajectory on #PeerBerry continues. In May alone, nearly EUR 36 million in loans were funded, representing a 35% increase compared to the previous month. Assets under management have also reached a new record high of EUR 126.5 million.
A recent announcement shows that the growth is far from being over. Starting today, interest rates on selected loan originators have been increased to 10%. The primary goal is to support the growth of some of the newer loan originators on the platform.
- SmartCredito (Spain): 10% (+1%)
- RealCredito (Spain): 10% (+1%)
- Lendi (Argentina): 10% (+1%)
- Prestamo365 (Peru): 10% (+1%)
- Credito365 (Mexico): 10% (+1%)
- Credito365 (Colombia): 10% (+1%)
Personally, I also had a new milestone to celebrate on PeerBerry recently: The outstanding value of my largest P2P position has exceeded EUR 50,000 for the first time.