Nordstreet.com Reviews 

73
TrustScore 3 out of 5

2.8

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Rated 1 out of 5 stars

At least 40% of the loans I invested in the borrowers stopped paying the interest, the legal actions are taking years now and I will be lucky to break even when adjusted for inflation. Even when nords... See more

Company replied

Rated 5 out of 5 stars

Company is working hard to solve cases with issues. I like that information about these cases is easy to reach so you are not feel like it is lost. However, of my 16 insestments, there are 2 recoverab... See more

Company replied

Rated 2 out of 5 stars

Project selection and risk assessment still need to be worked on, especially when entering new markets, because the impression was that growth is first looked at, and only then risk management is thou... See more

Company replied

Rated 5 out of 5 stars

Nordstreet is easy to use and feels trustworthy. Everything is explained clearly, so you know what you’re investing in. The team is friendly and helpful when you have questions. Investing with Nordstr... See more

Company replied

Company details

Written by the company

Nordstreet is a crowdfunding platform, which finances a variety of business loans with real estate collateral to ensure investors security. Crowdfunding is a model of investing and raising funds where one project is financed by many individuals. It is an alternative way to fund real estate and business projects through loan or equity investments for small and medium-sized businesses, for business start or development as well as possibility to refinance of existing loans. UAB Nordstreet is supervised by the Bank of Lithuania and included in the Public List of Financial market participants administered by the Bank of Lithuania.


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2.8

Average

TrustScore 3 out of 5

73 reviews

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No recent history of asking for reviews

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Replied to 85% of negative reviews

Typically replies within 1 month

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2.8

All reviews

(73)

9 reviews in the last 12 months

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Rated 4 out of 5 stars

Good investment tool

Good investment tool. Sometimes slow with projects that can't pay.

September 10, 2024
Unprompted review
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Reply from Nordstreet.com

Thank you for your feedback! We're glad you find our platform a good investment tool. We understand that delays with certain projects can be frustrating, and we're actively working to improve this process.

Rated 5 out of 5 stars

love everything about it

love everything about it, fast problem solving, great communication, always get updates, promo codes, trust my money in this company

September 10, 2024
Unprompted review
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Reply from Nordstreet.com

Thank you for your feedback! Your trust in us is important, and we’ll keep working to maintain it.

Rated 5 out of 5 stars

Good and simple way to insvest your money

Company is working hard to solve cases with issues. I like that information about these cases is easy to reach so you are not feel like it is lost. However, of my 16 insestments, there are 2 recoverable loans

September 10, 2024
Unprompted review
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Reply from Nordstreet.com

Thank you for sharing your experience with us! We're glad to hear that you find our efforts to resolve recoverable loans effective. Please know that we are committed to working diligently to recover these other loans and will keep you informed throughout the process

Rated 4 out of 5 stars

It's a fine P2P

September 6, 2024
Unprompted review
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Reply from Nordstreet.com

Thank you for your feedback! We're glad to hear you find our platform satisfactory. If you have any suggestions or additional comments on how we can improve, we'd love to hear from you!

Rated 5 out of 5 stars

Great communication is most important…

Great communication is most important especially when some loans are delayed. Is great when you send a message and get feedback in 1 h max.

August 15, 2024
Unprompted review
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Reply from Nordstreet.com

Thank you for your feedback! We’re glad you appreciate our quick communication.

Rated 5 out of 5 stars

Investments. Easy.

Thank you for an invitation to the world of investment. It is great, complicated environment have such a helping tool. Now I can invest so easily.

July 29, 2024
Unprompted review
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Reply from Nordstreet.com

Thank you for your feedback! We’re delighted to hear that our platform has made investing easier for you.

Rated 1 out of 5 stars

don t advice

I joined with a promotion to get a bonus and I did not get. I wrote the company and I was ignored. Waiting to finish the investment, withdraw my money and close the account.

January 11, 2024
Unprompted review
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Reply from Nordstreet.com

Thank you for sharing your feedback. We're truly sorry to hear about your experience with our promotional offer and the lack of response from our team. This is not the level of service we strive to provide.

Rated 1 out of 5 stars

Very bad customer service

Very bad customer service. They didnt paid people money for participating in referral program. They changed rules during it, so people received nothing. Dont waste your time on that crowdfunding platform, its not worth.

November 24, 2023
Unprompted review
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Reply from Nordstreet.com

We apologize for the poor communication and any inconvenience you experienced with our customer service. The referral program was designed to attract investors genuinely interested in supporting our projects. We regret any confusion caused by changes to the program's rules and appreciate your feedback.

Rated 5 out of 5 stars

Nordstreet

I have no complaints. If projects are delayed, compensatory interest is paid.

December 21, 2023
Unprompted review
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Reply from Nordstreet.com

Thank you for your feedback!

Rated 5 out of 5 stars

The Nordstreet crowdfunding platform…

The Nordstreet crowdfunding platform provided me with a seamless and user-friendly experience as an investor. The platform's intuitive interface made it easy for me to explore and evaluate different projects. The detailed information provided on each campaign page helped me make informed investment decisions.

December 15, 2023
Unprompted review
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Reply from Nordstreet.com

Thank you for your kind words! We're thrilled to hear that you had a seamless and user-friendly experience on our platform.

Rated 1 out of 5 stars

I cannot advice this platform

I decided to join and start investing in Nordstreet following a referral. I was supposed to get a bonus. I did not get the bonus. I wrote to the company and I got no answer. I stop investing and I will withdraw my money as soon as possible.

November 27, 2023
Unprompted review
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Reply from Nordstreet.com

We apologize for the inconvenience you’ve experienced and for not responding to your inquiries. Our referral program is designed to reward new investors who are genuinely interested in our projects. We apologize if the information provided was not accurate enough.
Thank you for your feedback. If you have additional questions, please contact our support team.

Rated 1 out of 5 stars

Can't withdraw funds

Can't withdraw funds. The platform simply froze your funds and you can't withdraw them. Live chat never works, they never answer via mail. I will report to Vilnius police in 1 week if my funds are not returned.

November 23, 2023
Unprompted review
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Reply from Nordstreet.com

Thank you for your feedback. We are sorry to hear about your experience. Our referral program bonuses are intended not for quick withdrawal, but for further investment, as described in the program rules. We also want to mention that our activities are supervised by the Bank of Lithuania and are carried out responsibly.

Rated 5 out of 5 stars

All works fine

All works fine. One of the highest returns in the market. Didnt have any problems to get my money back. Same delays as in all other platforms.

November 23, 2023
Unprompted review
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Reply from Nordstreet.com

Thank you for your feedback! We're glad to hear everything is working well for you

Rated 1 out of 5 stars

Cannot WITHDRAW

1 star because the platform does not allow me to withdraw. The platform does not link the withdrawal method to my account. I have tried contacting customer support via email and phone, and I have never received a response. Terrible platform. I have $150 of my own money inside that I cannot withdraw.

November 20, 2023
Unprompted review
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Reply from Nordstreet.com

We sincerely apologize for the inconvenience you've experienced and for not responding to your attempts to contact us. Regarding your withdrawal issue, we are actively working to resolve problems with linking withdrawal methods to accounts. Ensuring a smooth withdrawal process is a top priority for us.
Additionally, please note that our referral program bonuses are intended not for quick withdrawal, but for further investment, as it is described in the program rules.

Rated 1 out of 5 stars

The site refuse to grant the payout.

The site refuse to grant the payout.
I contacted my profile pics details to get back my stolen funds.
Write it out talk to them.

September 19, 2023
Unprompted review
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Reply from Nordstreet.com

Dear Laura,
We are sorry, but we cannot find an investor with that name in our system, so we are not able to comment on your situation. But we are sure that the case you described is not true. Yes, it must be admitted that sometimes borrowers are late in disbursing their loans for various reasons. Debt recovery procedures are quite complicated and take some time. However, in many cases, the delay turns into a profit, as investors can get procedural interest, late interest, etc. In the entire life of Nordstreet, there have been no outstanding loans.
We also kindly remind you that you can always sell your investment on the platform's secondary market and thus withdraw your money.
Please contact our customer service department at support@nordstreet.com
Sincerely, the Nordstreet team

Rated 1 out of 5 stars

Turn into sunken ship

Started to in invest in 2022. The interest was paid properly without substantial delays.
In 2023 my 2 projects are in default. They started auction for them. Communication is very poor - only when loan is Defaulted I received the email.
The offer to invest in new loans with some bonuses but this is a pure trap.
To sell loans on secondary market I have to pay 2%.

For everyone considering to invest in the platform stay away for now. If Defaulted loans are not recovered this company is worthless.

August 31, 2023
Unprompted review
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Reply from Nordstreet.com

Thank you for your feedback and sorry for the challenges you encountered.
Please note that the 2% resale fee is applied globally to ensure consistency for all users. We are actively working to improve our communication channels and processes to provide better updates on investment status and developments. Thank you for your comments, it helps us to improve. We are committed to addressing these issues and improving our services.

Best wishes,
NordStreet Team

Rated 1 out of 5 stars

A lot has changed this year.

The experience has become worse throughout this year. First of all, it took them over three months to update a late loan, which is a massive red flag for investors. Investors had comment sections under each invested loan, but NordStreet decided to turn them off, making the platform less transparent. They are failing to update us on the progress. Not only that, withdrawing money (from their platform's custom e-account) can take multiple days to receive, while on other similar investing platforms, you can liquidate cash within minutes directly to your bank account. This platform also has issues with recovering money from defaulted loans, and I DO NOT recommend investing in German or Spanish loans; most of them have defaulted. I have sold every non-defaulted loan, and I am leaving this platform.

January 1, 2023
Unprompted review
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Reply from Nordstreet.com

We apologize for your negative experience with our platform. We understand the frustration caused by the delay in updating a late loan and we are working to improve our processes. The decision to disable comment sections was based on user feedback, but we are exploring alternative ways for investors to communicate and share insights.

We’re sorry to hear you’re leaving our platform. Your satisfaction is important to us, and we hope to regain your confidence in the future. Please contact our support team if there’s anything more we can do.

Rated 1 out of 5 stars

The worst crowdfunding platform I have…

The worst crowdfunding platform I have used. Unreliable real estate evaluations, loans for fraudulently overvalued assets. Inactive actions with debtors. Poor communication with investors. Mandatory requirement for investors to switch to a new payment operator ...
I am waiting for the money to return successfully from several invested projects and hopefuly I will be able safely transfer them back to the paysera account.

November 17, 2021
Unprompted review
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Reply from Nordstreet.com

We are sorry that you had such an experience using our platform. Regarding the change in payment operators, we have switched from Paysera to NS Pay to improve our services and ensure a smoother experience for our users. Also we encourage you to familiarize yourself with our loan risk assessments and the procedure for providing information, which can be found on our website.

Thank you for your feedback. We hope your remaining investments are successfully returned, and we are committed to improving our services. If you have any further questions, please contact our support team.

Rated 5 out of 5 stars

Easiest way to earn more money

Easiest way to earn more money! respect!

January 14, 2021
Unprompted review
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Reply from Nordstreet.com

Thank you for your feedback. Your satisfaction is our priority, and we appreciate your trust in us!

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