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
While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more
To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more
See what reviewers are saying
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
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
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
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
259 reviews
No history of asking for reviews
This company hasn't invited their customers, so reviews may not be representative
Replied to 100% of negative reviews
Typically replies within 24 hours
How this company uses Trustpilot
See how their reviews and ratings are sourced, scored, and moderated.
The best investing platform...they…
The best investing platform...they managed to recover more than 50 % of my investements in Russia and Urkaine since the was has started !
February 7, 2023
Unprompted review
Reply from PeerBerry
Dear Ion Gotonoaga,
Thank you for taking the time to leave this review!
Our partner's goal is to fully cover all investments in the war-affected loans within 24 months since the war started. With the help of Group Guarantee, in 11 months of the war, PeerBerry business partners have already repaid 31 million euros, or 62% of the total war-affected obligations towards PeerBerry investors.
More information can be found on our Blog: https://peerberry.com/blog/
If you would have any questions, reach out to our Client Support team.
Best regards,
PeerBerry team
Advertisement
They are giving their best efforts to repay war-affected loans
I have an account on mintos and one on peerberry.
Since the war in Ukraine, my mintos portfolio has had a lot of defaulted loans which I will never see repayed.
With peerberry, although my average ROI has dropped (11% to 9%), I have yet to see my first defaulted loan.
From the 6k I had invested in war-affected areas, more than 3k has been repayed. If I had invested that 6k elsewhere, I would have lost it. It's astronomical how PeerBerry has managed to accomplish this alongside it's partners.
February 6, 2023
Unprompted review
Reply from PeerBerry
Dear Carlos,
Thank you for the review.
Investors' trust and transparency is our and our partner's priority, therefore, other options rather than having a goal to fully cover clients' investments within a set timeframe were not even considered.
Appreciate your feedback and in case you would have any other questions, do not hesitate to contact our Client Support.
Kindest regards,
PeerBerry team
Best P2P company I'm invested in
I'm invested in 5 P2P platforms and I can say that Peerberry is the one I like the most. They are not perfect, they made mistakes but they knew how to communicate with non-institutional investors.
Pro:
- communication on Telegram channel is great!
- the yields are good
- the way they managed to pay the loans blocked in Russia and Ukraine is an example in the P2P market.
- they didn't invoke the "force majeur" clause because of the war
- website is good, user friendly.
Cons:
- the management exposed a lot the company to Ukraine & Russia and they put the company in danger. What was an opportunity at that moment proved to be a later threat. The issue here was the late answer (capital extraction from RU & UKR) to the political evolution, not the investment itself!
- they say that they paid over 50% of the late loans from UKR & RU but the reality in some portfolios is different. Now it depends how you look at the numbers, what you consider as being part of the initial amount.
- they partially paid back loans from UKR and RU but assuming such a loss (i consider UKR loans as almost total loss) it will affect the group financial stability. If they won't succeed to sell the RU companies for a decent price or to get out some money from RU most probably they will have some financial problems.
My conclusion:
PB is definitively my first choice in terms of P2P investment, great communication with investors, but I would pay attention at their mid-long term financial stability.
December 27, 2022
Unprompted review
Reply from PeerBerry
Dear Gabriel,
Thank you for taking the time to leave this review, we appreciate your feedback.
PeerBerry business partners have already repaid over EUR 29 million, or 58% of the total war-affected obligations towards PeerBerry investors. The repayment percentage between investors differs, as it all depends on how many different loan originators' loans the investor has invested in. When the war started, 11 PeerBerry business partners fell into the category of companies affected by the war (3 in Russia and 8 in Ukraine), most of the investors have invested in loans of 3-5 companies affected by the war. Please also note that our partner's reserves were used to cover the war-affected loans with the most delays right after the war started and when the repayment plan was not introduced; these amounts are also included in the calculation of the total repaid amount.
With the repayment plan, when the amount dedicated to cover war-affected loans is known, that amount is first divided proportionally among companies and then proportionally to the investors who have invested in the loans of that particular company.
If you have further questions, do not hesitate to contact our Client Support.
Kindest regards,
PeerBerry team
Peerberry in my top 3
Invested since 2018. One of the most trustworthy and stable P2P platforms, evident from their management and performance through the COVID pandemic and the Ukraine war.
December 21, 2022
Unprompted review
Reply from PeerBerry
Dear Jakob Bjerager,
Thank you!
We appreciate your feedback a lot and we are happy to have you as our client.
Best regards,
PeerBerry team
Very decent P2P platform
Much better platform than all of the other P2P lending platforms. Actually, one of the few that took decent ACTIONS for loans impacted by the Russian war in Ukraine. I am really impressed by the large share of the principle that has been repaid by PeerBerry — for a comparison, Minton, the biggest P2P lending platform, did not pay back a single dime on on my investments, and are not taking any concrete action to recover the money outside of exchanging emails with the lending companies and “being in close cooperation with them”(maybe Mintos mean something else when it comes to cooperation, but who knows).
In any case, let me reiterate once again that PeerBerry is among the best platforms when it comes to P2P investments. Keep in mind that the investments are not risk-free, but I personally was impressed by how PeerBerry handled the impact by the war.
September 29, 2022
Unprompted review
Reply from PeerBerry
Hello Panayot Ivanov,
Appreciate your honest feedback.
Correct, PeerBerry is one (if not the only one) of the platforms that are actually repaying investments in war-affected loans.
Thank you for being our client!
All the best,
PeerBerry team
Advertisement
There are still in my account 4 late to…
There are still in my account 4 late to date unpaid investements from Ukraine and Russia over 250 days and they were supposed to be included in my payback guarantee plan.When i get my money back?
November 25, 2022
Unprompted review
Reply from PeerBerry
Hello Yannis AI,
As the whole world is pretty aware, the war is going on in Ukraine. War is a force-majeure event, and no guarantees can work in a war situation. Guarantees are built for ordinary business situations, not a war. However, instead of acting under the force-majeure clause, our business partners have activated a group guarantee under which war-affected loans are being repaid to all investors since the first month of the war. All war-affected Ukrainian and Russian loans are being repaid proportionally gradually monthly. With every repayment, every investor receives a part of the investments and will receive until all war-affected loans are repaid. PeerBerry is the only platform in the market that is repaying investments in war-affected loans to such an extent.
Currently, 54% of war-affected loans are already covered. You can find the statistics here:
https://peerberry.com/peerberry-statistics/
Instruction on how to check the amount that was repaid to you can be found in our 'Q&A | Important to know about repayments of war-affected loans' article:
https://peerberry.com/blog/qa-important-to-know-about-repayments-of-war-affected-loans/
If you need any assistance or have any questions, contact our Client Support.
Regards,
PeerBerry team
Great site, great idea, great platform and great returns
Great site, great idea, great platform and great returns. First of all, navigating the site and understanding how PeerBerry works is actually incredibly easy. Reading through some negative reviews, it's usually a complete misunderstanding of how the platform works that causes their confusion... they'll get there! I've been investing upwards of 10KEUR for the last few months and have made over 500EUR in profit. I've withdrawn money on several occasions and every time its been easy and fast.
So, where do people run into issues? Firstly, the majority of my interest payments are "late". Does this matter? Nope. You still earn interest over every day a loan is paid back late so it isn't an issue, pay me back as late as you want! I'm still getting paid. If a loan is paid back 15 days late, you earn the same amount of interest over those 15 days as you have been anyway. Realistically there's another human on the other end of my loan, going to work, paying their bills and sometimes people fall short, things happen, surprises happen. That's the "risk" we're taking (not a risk because you still get paid AND get a buyback guarantee) so the whining is pointless.
A few things I'd love to see on the platform:
Loans in GBP... I'm UK based and I run the risk of currency fluctuations. I've been fortunate over the last 5/6 months I've invested but that may not always be the case. Would GBP loans ever been an option? would love to know!
A secondary market for loans. If I ever wanted to withdraw all my cash in a hurry (unlikely, but a possibility) I'd have to wait for my loans to mature. A secondary market would allow people to sell their loans and withdraw whatever cash they needed. Although my money is liquid, it isn't at the same time, it takes time for loans to mature.
PeerBerry has been a 10/10 experience. Any question I've had has been answered quickly and professionally. My returns are great and withdrawals are simple and fast, what more are you looking for?
November 17, 2022
Unprompted review
Reply from PeerBerry
Dear Owen,
Appreciate you taking the time to leave this honest review. We are glad to hear about your positive experience with us!
Regarding your questions, it is unlikely that we will offer loans in other currencies rather than Euros and introduce a secondary market. In case the situation changes, we will inform the investors in advance.
If you have any other questions, feel free to contact us anytime.
Kindest regards,
PeerBerry team
Peerberry is a great platform to…
Peerberry is a great platform to invest, (I would like them to offer us even more loans to invest in). I invest in Peerberry for two years and can only recommend this platform.
November 9, 2022
Unprompted review
Reply from PeerBerry
Dear Viktar,
Appreciate you taking the time to leave this review.
Your feedback is very important to us!
Kind regards,
PeerBerry team
Super platform
Super platform, the most reliable, and the only one that pays war-affected loans to investors every month (which I can't say about other platforms I invest in)
November 8, 2022
Unprompted review
Reply from PeerBerry
Dear Andrii,
Thank you for taking the time to leave this positive review.
Your feedback is very important to all of our team!
Kind regards,
PeerBerry
Advertisement
Buyback does not happen
***** SCAM ALERT *****
Many Ukrainian loans are delayed by more than 200 days. PeerBerry have broken their promise of payback.
***** SCAM ALERT *****
November 7, 2022
Unprompted review
Reply from PeerBerry
Hello Another Complainer,
As you may have read on our Blog or newsletters, all war-affected Ukrainian and Russian loans are being repaid proportionally gradually monthly, and with every repayment, every investor receives a part. PeerBerry is one (if not the only one) of the platforms that are actually repaying investments in the war-affected loans.
Currently, more than 55% of Ukrainian and 40% of Russian war-affected loans are already covered. You can find the statistics here:
https://peerberry.com/peerberry-statistics/
Instruction on how to check the amount that was repaid to you can be found in our 'Q&A | Important to know about repayments of war-affected loans' article:
https://peerberry.com/blog/qa-important-to-know-about-repayments-of-war-affected-loans/
If you need any assistance or have any questions, contact our Client Support.
Regards,
PeerBerry team
i have been investing on peerberry for…
i have been investing on peerberry for 1 year i got good income... They refund war affected loans as they promised... seems serious )
very happy with my investement there
September 30, 2022
Unprompted review
Reply from PeerBerry
Hello Jocelyn,
Appreciate you taking the time to leave this review. Your feedback is very important to each and everyone in our team!
All the best,
PeerBerry
Intuitive to use investment platform
Intuitive to use investment platform, the good investment return with guaranteed buyback, and great support. Keep growing, Peerberry!
August 1, 2022
Unprompted review
Reply from PeerBerry
Dear Meirzhan,
Appreciate you taking the time to leave this positive review!
All the best,
PeerBerry team
Reliable platform to invest
I started investing in Peerberry 3 years ago and I'm impressed by how stably this platform managed the business during the pandemic and how it is dealing with the challenges caused by the war in Ukraine. The platform become very popular due to its transparency and fair attitude towards customers. I wish Peerberry to grow further, so we have even more opportunities to invest.
September 28, 2022
Unprompted review
Reply from PeerBerry
Dear Larissa,
Appreciate you taking the time to leave this kind and positive review. Your feedback is very important to all of our team!
Kind regards,
PeerBerry
Advertisement
Very reliable platform
Very reliable platform. I receive repayments on my investments in war-affected countries monthly as in no other platform where I have investments in Russian and Ukrainian loans. I will increase my investments in PeerBerry in the future.
September 28, 2022
Unprompted review
Reply from PeerBerry
Dear Flaviu,
Thank you for taking the time to write this honest review.
Investors and the safety of their investments is our priority.
Appreciate your feedback.
Best regards,
PeerBerry team
Bad decision to join
Unfortunately the payments since the Russian invasion almost has frozen.
The P2P platforms are very risky and it's good to avoid it.
September 27, 2022
Unprompted review
Reply from PeerBerry
Hello Tasos,
As you may have read on our Blog or newsletters, all war-affected Ukrainian and Russian loans are being repaid proportionally gradually monthly, since the repayment plan was introduced. PeerBerry is one (if not the only one) of the platforms that are actually repaying investments in the war-affected loans.
Currently, more than 52% of Ukrainian and 35% of Russian war-affected loans are already covered. You can find the statistics here:
https://peerberry.com/peerberry-statistics/
Instruction on how to check the amount that was repaid to you can be found in our 'Q&A | Important to know about repayments of war-affected loans' article:
https://peerberry.com/blog/qa-important-to-know-about-repayments-of-war-affected-loans/
If you need any assistance or have any questions, do not hesitate to contact our Client Support.
Regards,
PeerBerry team
Safe, easy to use and good customer service
I've been investing in Peerberry since last September, and every time I contact them, I can't stop being surprised by their team's professionalism.
Also, I am really surprised how they are protecting the investor's interests and it makes me feel safe.
Honestly, I am recommending this platform, because it's safe, easy to use and customer support is really good.
January 5, 2022
Unprompted review
Reply from PeerBerry
Dear Viktorija,
Appreciate you taking the time to leave this review.
Such positive feedback is valued by every one of us in our team, thank you!
Kind regards,
PeerBerry
Safe and sound profit.
I have been with peerberry for over a year now, and have been very satisfied with the loans provided on the platform. If you choose to manually invest, and you are patient, it is possible to scoop some great 13,5% loans in real estate/leasing that run for 1-2 years. Safe and sound profit.
Recommended to all my friends, i do wish they would bring back the 0,5% bonus for recommending people to the platform.
Cheers -Kalen
August 26, 2022
Unprompted review
Reply from PeerBerry
Dear Kalen,
Thank you for taking the time to leave this review, we appreciate your feedback a lot.
If the 'Invite a friend' program will be renewed, investors will be informed in advance.
Regards,
PeerBerry team
Advertisement
Awesome support and fantastic lending…
Awesome support and fantastic lending platform. I've been using this for quite a while and have got good returns (around 11.5% annually). Besides, they solved the war issues very well. Most platforms don't give a **** but Peerberry helps the clients getting their money bac(.
July 15, 2022
Unprompted review
Reply from PeerBerry
Dear Ciaran De Smet,
Appreciate you taking the time to leave this review. We are glad to hear about your positive experience with us!
Your feedback is very important to all of our team.
Kind regards,
PeerBerry team
Shameless
I´m way disappointed on this platform because I came through a 0,5% bonus promotion and after investing they said there was a mistake in the system and the bonus could not be applied to my investments. Very tricky. I don't recommend this platform.
Update (to reply back) : You want to look kind but the bonus was going to be applied ONLY to future investments, thus failing to keep your word. And the worst is that you haven’t tried to compensate for the system error.
July 7, 2022
Unprompted review
Reply from PeerBerry
Hello Yun,
Unfortunately, from time to time system errors are unavoidable. Investigating and solving such situations helps our team to improve. Sorry for the inconvenience and let us kindly note that in this case a bonus was applied to you for the full bonus validity period starting from today.
If you would have any other questions or feedback, don't hesitate to contact our Client support.
Regards,
PeerBerry team
Trustable P2P platform, BUT loans are paid LATE
Good and trustable P2P platform, with investments up to 13 or 14%. HOWEVER be aware that MOST! loans you will do will be paid late - I even did short term loans of just 4 days, that were paid 8 days late.
June 20, 2022
Unprompted review
Reply from PeerBerry
Hello Francisco,
Please note that for each day of the delay you still earn the same profit.
All loans on the platform are covered by a Buyback guarantee, on the 60th day of the delay any loan would be closed and fully repaid (please note that the Buyback guarantee and additional Group guarantee may be affected in case of a force majeure event). On average, most loans are late for up to 15 days. You can find the statistics here:
https://peerberry.com/peerberry-statistics/
Information about late loans and Buyback guarantee here:
https://peerberry.com/blog/help/what-does-a-late-loan-mean/
https://peerberry.com/blog/help/buyback-guarantee/
If you have any questions or would need clarification, feel free to reach out to our Client Support.
Kind regards,
PeerBerry team
The Trustpilot Experience
Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.
Learn more about other kinds of reviews.
We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.
Learn about Trustpilot’s review process.
Here are 8 tips for writing great reviews.
Verification can help ensure real people are writing the reviews you read on Trustpilot.
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.