Lendermarket is a P2P investment platform, where we connect investors to loans issued by our partner Creditstar Group - one of Europe’s leading digital consumer finance companies. Individuals and companies from the European Economic Area (or Switzerland) can invest at Lendermarket and earn up to 15% return annually. All loans at Lendermarket come with a Buyback Guarantee.
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Lendermarket operates as a so-called peer-to-peer marketplace, meaning you are not providing loans but you invest in already issued loans by some microfinance company also called loan originators.
Given that all loan originators are offering a buyback guarantee (promise to buy back loan from you in case it becomes overdue) it would be fair to say that investors are basically providing loans to loan originators that are secured with claim rights towards end borrowers.
Lendermarket claims that average annual returns are 15,64% which is relatively high.
Lendermarket has r large offering that allows you to build a diverse investment portfolio.
Lendermarket platform has all the required tools to make the investment process easy - rating and auto-invest.
On Lendermarket you can invest in loans issued by Credifiel: a microfinance company that provides consumer loans and home improvement loans in Mexico. Creditstar: a provider of consumer financial services in Europe, was established in 2006 in Estonia, where they hold approximately 40% market share. Dineo: finances consumer loans to individuals from 50 to 600 euros in Spain. QuickCheck: provides loans through its digital platform to underserved Nigerian consumers. Rapicredit is the biggest microlending fintech in Colombia providing consumer loans to individuals.
When investing on Lendermarket you basically provide a loan to the Loan originator thus your main risk is that Loan origination will not be able to fulfill its obligations.
It should be mentioned that Lendermarket and one of the biggest Loan originators are affiliated companies owned by the same person which might create additional risk.
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