As with almost all P2P providers, investing with Viainvest is particularly easy, which is not surprising as the platforms want to encourage us to invest as much money as possible!
As a result, investors’ accounts are protected by the investor compensation system in Latvia with up to EUR 20,000 in the event of the platform’s insolvency or misappropriation of investor funds. Possible defaults by lenders are not covered though.
Many short-term loans available ensuring your money isn't stuck for long periods and providing better liquidity
No, definitely not. Viainvest is not a bank and therefore does not fall under any European deposit insurance. All funds you invest on the platform are exposed to a high risk of default.
However, it’s important to keep an eye on the financial performance of both the group and the platform. These figures change year by year and aren’t so generous that you can make big leaps (at least not currently).
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I got all my money back and my trust in this company was solidified. When there was a reason to act differently, they peerberry stood their ground and defended the interests of their clients. Congratulations!
Selecting the right loans can be challenging. There is always a risk of losing your investment. It is important to either make informed selections or maintain a well-diversified portfolio.
Throughout the process of due diligence, investors should also have a look at the business model of a P2P platform as well as the overall financial situation.
Notably, Nectaro also offers competitive interest rates of up to 15%. More details on this Viainvest alternative can be found in my Nectaro review.
With an interest rate of 13 per cent and good security from the profitable parent company, Viainvest is definitely worthwhile. Investors who can bear the basic risk of P2P loans achieve high returns here.
At first glance, the war in Ukraine has not had a direct impact on Viainvest, as the platform’s lending markets are located only in Europe. The decision not to be active in the CIS markets was made on purpose in order to avoid geopolitical risks or strong currency fluctuations.
Investors who participate in P2P lending here generate their returns primarily through loans in the consumer sector. Borrowers directly take out loans from Via SMS Group, which are listed on the platform and in which we, as investors, can invest our money.
It has consistently delivered the promised returns of around 10% annually, which speaks to its reliability.