Tagged: repayments

January 6, 2025 @ 9:00 pm By Omar Faridi  |  

Failed crypto exchange FTX’s payment plan is now effective. As per the plan, certain FTX clients who may be claiming an amount less than $50,000 may expect to get their funds returned within the next 60 calendar days. The latest reorganization plan for failed crypto-assets… Read More

December 26, 2024 @ 8:03 am By Omar Faridi  |  

PeerBerry’s business partner, real estate developer SIB Group, has reportedly repaid investors a €500 000 loan (real estate project “Vytenio55 II”) and paid their investors €102,368 in interest. PeerBerry also mentioned in another recent update that it is processing the last repayment of war-affected loans…. Read More

December 21, 2024 @ 10:01 am By Omar Faridi  |  

In November 2024, Estateguru, a platform specializing in property-backed financing, credited more than €11 million in repayments to its investors. According to Estateguru, a notable portion of this, more than €4.2 million, came from successfully recovered loans that had previously “been delayed. Investors earned €1.01… Read More

October 22, 2024 @ 8:06 am By Omar Faridi  |  

Estateguru has shared their latest loan portfolio overview for the month of September 2024. Estateguru are pleased to share the key highlights from the past month, which has been a solid period for the investment platform. Estateguru reports that they saw fairly steady / consistent… Read More

October 19, 2024 @ 5:32 pm By Omar Faridi  |  

PeerBerry’s business partner – real estate developer Lithome – recently revealed that it had repaid investors a EUR 435 000 loan (real estate project “Šilo 23”) and paid their investors EUR 41 648 in total interest payments. In other key updates shared recently in a… Read More

October 10, 2024 @ 8:54 am By Omar Faridi  |  

European investment platform Estagteguru has shared their latest loan portfolio overview for the month of August 2024. In August of this year, Estateguru revealed in a blog post that they have reportedly witnessed “continued growth” as well as more overall stability in their loan origination… Read More

September 28, 2024 @ 11:09 am By Omar Faridi  |  

PeerBerry’s business partner, real estate developer SIB Group, repaid investors a EUR 1 million loan (real estate project “Krokuvos”) and paid our investors EUR 221 135 in interest. PeerBerry has acknowledged those “contributing to the development of projects developed by their partners.” If you are… Read More

September 11, 2024 @ 12:57 pm By Omar Faridi  |  

HeavyFinance has shared the latest platform portfolio performance review  for the month of August 2024. As summer draws to a close, HeavyFinance are pleased to share that the month wrapped up on a high note for our investor community. This month saw a substantial €.36… Read More

June 19, 2024 @ 12:44 pm By Omar Faridi  |  

Gofingo Group has reportedly repaid PeerBerry investors €350,000 in war-affected loans. These repayments are being processed on the PeerBerry platform “every month in the middle of the month.” Aventus Group’s war-affected long-term loans are repaid “monthly under the initial loan schedules.” In 28 months of… Read More

June 13, 2024 @ 8:29 am By Omar Faridi  |  

In May, HeavyFinance says that it saw the investor community allocate “a total of €1.04M across 37 agricultural projects” using the European platform. As of the end of May 2024, HeavyFinance reveals that a significant sum of €55.92M was “issued in loans since the inception… Read More

December 29, 2023 @ 9:58 am By Omar Faridi  |  

PeerBerry recently completed the repayments of the last Polish loans. Over €20 million of Polish loans (plus accrued interest) were “repaid to investors in November and December.” Previously, loans issued in Poland accounted “for about 25% of all loans” funded through the PeerBerry platform. PeerBerry… Read More

December 28, 2023 @ 8:41 am By Omar Faridi  |  

Estateguru says that they saw €9.4 million in loan repayments in November, with an additional €1.3 million coming from recovered loans. As noted in a blog post by Estateguru, the total returns amounted to €1.1 million, “with an average return rate of 8.99%.” Estateguru has… Read More

November 16, 2023 @ 8:12 am By Omar Faridi  |  

In 21 months of the war (since February 24, 2022), PeerBerry business partners Aventus Group and Gofingo Group have, in total, repaid PeerBerry investors €46.2 million or 92% of the total outstanding war-affected obligations. Today, Gofingo Group repaid PeerBerry investors €200 000 in war-affected loans…. Read More

November 7, 2023 @ 9:55 pm By Omar Faridi  |  

PeerBerry’s business partner – real estate developer SIB Group – has reportedly repaid investors a €200 000 loan (real estate project “Lini namai”) and paid €41,076 in interest to our investors. PeerBerry enters its seventh year of operations “with a record amount of funded loans… Read More

November 6, 2023 @ 9:41 am By Tony Zerucha  |  

Two in three consumers (65%) with a student loan said they were caught by surprise when the U.S. Department of Education announced this summer that student loan repayments would begin once more in October 2023. TransUnion’s Q4 2023 Consumer Pulse study found that 49% of… Read More

October 16, 2023 @ 11:03 pm By Omar Faridi  |  

PeerBerry’s business partner – real estate developer Lithome – repaid investors a EUR 320 000 (real estate project “City Stories”, funding of the first construction stage) loan and paid EUR 30,406 in interest. PeerBerry closed one more record month – in September, PeerBerry investors funded… Read More

September 27, 2023 @ 8:04 am By Omar Faridi  |  

August was a benchmark month for Estateguru, with a “record-breaking” €15.0M successfully repaid by borrowers. Estateguru also reports that it saw €10,0M in loans funded across all of their markets. August was a key month for Estateguru, with substantial repayments by platform borrowers. In addition… Read More

September 23, 2023 @ 6:18 pm By Omar Faridi  |  

In 19 months of the war (since February 24, 2022), PeerBerry business partners Aventus Group and Gofingo Group have, in total, “repaid PeerBerry investors €45.52 million or 90.64% of the total outstanding war-affected obligations.” Compared to other war-affected platforms, PeerBerry claims that it is the… Read More

August 15, 2023 @ 10:02 am By Omar Faridi  |  

Credit scoring is a statistical method employed by lenders to predict the probability an existing and/or prospective borrower or counterparty “will default on loans/credit products, or incur additional charges for repayment, also known as measuring creditworthiness,” the team at Juniper Research explains. Juniper Research also… Read More

August 15, 2023 @ 8:45 am By Omar Faridi  |  

Students off to university for the first time this year could be “the first crop of graduates who face repaying their university debts into retirement,” according to PensionBee, an online pension provider. As noted in a blog post by PensionBee, this year’s Freshers will be… Read More