PeerBerry Reviews 259

TrustScore 4 out of 5

3.8

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Rated 5 out of 5 stars

I am a long term lender on Peerberry and I will give you an unsolicited review. Peerberry has earned my deepest trust as an institution because of the way they handled the default of their Russian... See more

Company replied

Rated 5 out of 5 stars

Honestly didn't expect this level of service from a P2P platform, but PeerBerry completely surprised me. I had an issue and reached out to their customer support — and wow, what a difference co... See more

Company replied

Rated 4 out of 5 stars

Jeg er ganske tilfreds med Peerberry, som har kørt rigtig fint med mig. Jeg har upåklageligt fået mine løbende renter. Samtidig kan der investeres for små beløb, som gør det noget lettere at spred... See more

Company replied

Rated 2 out of 5 stars

Cash drag is huge on the plaform since august. The auto-invest is totally inefficient and seems like need to use manual invest if you want your money to work. However, available short term loans di... See more

Company replied

Company details

  1. Investment Service

Written by the company

PeerBerry is one of the leading marketplaces where you can invest in loans with up to 10% ROI. Our investors have had no loss since PeerBerry's inception in 2017.


Contact info

3.8

Great

TrustScore 4 out of 5

259 reviews

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No history of asking for reviews

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Rated 5 out of 5 stars

Absolutely briliant!

Joined Peerberry in 2017, the platform was in its infancy at that time. I have been there until the beginning of 2020 - throughout the whole period, I accumulated around 800 euros profit with a total average investment amount of 5000 euros (at any time) in my portfolio. Around 11.36% ARR.

Very responsive support tea,, very fast withdrawal (got the money before the withdrawal confirmation email), and the loans are paid back constantly. Bonus points for the fact that they managed the covid lockdowns pretty well.

Seems too good to be true, right? Well, for me it was a total success, absolutely no loss in those 3 years of investing with them. Will surely go back to them after I get out of crypto.

18 February 2021
Unprompted review
Rated 5 out of 5 stars

I have or have had accounts in…

I have or have had accounts in more than 20 crowfunding platforms. Some platforms have no control over their lending companies / loan originators. This is a serious problem as shown by the problems Mintos has encountered in the past year. Some platforms / loans originators are continuously inventing ways of holding on to your money without paying interest (abusive grace periods of 5, 7 even 15 days; reimbursing loans at 23:00 hours, but not investing before after midnight thus making you lose 1 day of interest; taking days to fulfil a withdrawal order).
These kind of platforms will not last, because counting on the unaware investor is not a long term plan. Peerberry has full control of its loan originators and does not indulge in any to the above-mentioned tricks! They pay interest for each and every day you are invested. There are no grace periods, no pending payments and no loans that are forever extended. With Peerberry I have experienced EUR withdrawals reaching my bank in less than 1 hour. Why would you keep your money with those that take 3 days to reimburse you?
It is true that Peerberry operates in many potentially difficult markets (RU, UA, KZ, VN and now SriLanka), but I would rather have this kind of exposure with them than with anybody else. Customer service through email, chat, Facebook or Telegram is outstanding. I am therefore not surprised that they are growing fast. Quality in the long term pays.

10 February 2021
Unprompted review
Rated 5 out of 5 stars

Stability & Quality

In my experience Peerberry is the most reliable p2p platform out there. This of course would not be possible without the excellent customer support that Rita provides.

2 February 2021
Unprompted review
Rated 5 out of 5 stars

One of the best

One of my top 3 platforms. Good communication, for example Peerberry staff is active in social media answering questions. Easy to use, good returns and very little cash drag. Peerberry has quite risky countries though to invest in, and p2p investments are not safe by nature, so better monitor actively what goes on in this business.

12 November 2020
Unprompted review
Rated 5 out of 5 stars

Peerberry is one of my favorites…

Peerberry is one of my favorites platforms in my portfolio. Appreciate stability of loan originators in background and how they are able to manage their lending companies in this a bit more turbulent time. I invest here more than 2 years and until now very good experiences only.

16 October 2020
Unprompted review
Rated 5 out of 5 stars

Excellent lending plataform

Excellent lending plataform that you must get in your portfolio. In my opinion, Mintos, Viainvest and PeerBerry are the most reliable lending plataform for investor.

4 August 2020
Unprompted review
Rated 4 out of 5 stars

Auto-invest doesn't work at all

Auto-invest doesn't work at all. System is always crashing and therefore is very hard to use. I wonder if someone is going to do anything about this?

Edit: it’s 2024 and everything seems much better now

14 July 2020
Unprompted review
PeerBerry logo

Reply from PeerBerry

Dear Evaldas,

Thank you for leaving this honest review.

We've been working on improving the Auto-Invest tool, and we're glad to see positive results. Please be informed that we have plans to onboard new Loan Originators and increase the available loan supply, aiming for a more balanced investing environment.

You are always welcome to contact our Client Support team in case you have questions.

Kind regards,
PeerBerry team

Rated 5 out of 5 stars

1 year review

Tl:dr:
Good overall platform from 9-13/15%p.a.

So I have started in the first trimester of 2019,1.5 years later they are the same. Overall good revenue from even 15% to 9% p.a.

I did not withdraw any money at the moment but the Overall investment revenue is at 13+%.

Stable platform, even if they update and change some UI elements regularly. In the last update they messed up the UI on mobile but it's overall ok but a little bit counter intuitive.

It's going good in crisis times like COVID 19

Also on the latest update they added referral links so for more information and bonuses read my Facebook review.

Also don't forget: do not invest the money you can't afford to lose!

6 July 2020
Unprompted review
Rated 4 out of 5 stars

I have experince of several P2P

I have experince of several P2P. This seems to be one of the best. No problems at all. Good interest rates, no problem to withdraw cash either, not even during the covid 19 period. Drawbacks: Well there is no 2nd market, so to get out from all fast, is not possible. But with all P2P..do not invest all in one plattform. There have been several frauds, where I am stuck in one of them! So diversify your investments, do your due diligience before you invest.

6 July 2020
Unprompted review

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