PeerBerry Reviews 259

A test of a good p2p site is how they handle problems. Peerberry along with their partners have handled the situation in Ukraine superbly. The communication has been first class, and to my surprise repayments are being made to investors.

Support is good.

Auto invest is very dangerous. I have 100% my loans late even though i distributed into 20 different loans.

I tried to set good filters but all the money went instantly to Smart Polyczka and probably to fake persons...

Worrying that I'm going to lose 100%.

EDIT: Thanks for the reply, I will update this review later.

I think Peerberry deserve a lot of credit for how they handled the crisis due to the tragic situation in Ukraine. Yes, I've got delayed loans in the Ukraine and Russia, and, yes, I may have to wait some time to recover these. But it was clear from the start that Peerberry were committed to finding a way to repay these loans, and the communication about their plans for, and progress towards, repayment has been excellent. Any P2P company can experience a crisis but, I suspect, not many companies would respond as well as Peerberry has. Thanks to the team for their hard work over recent months.

I've been investing in Peerberry since 2018, and I can't stop admiring the professionalism of the platform. The way of how these guys are managing their business and how they are protecting investor interests is exceptional. Being a large investor, I invest in different platforms and different asset classes, but my experience with Peerberry is exceptionally good.

I update my judgment.
Now Peerberry reached 4 stars for me, because it is the only platform that is repaing loans affected by war.

I passed from 1 star to 3 stars, and now 4 stars.
As soon as my account "Daniela Reali" will be fully repaid from delay due to war, I update again my judgment with 5 stars.

couple of months in for me now. very good and reliable website. yes some loan are late but you receive interest for late loan so not a problem for me. very good and safe platform. one of the best p2p

december update : still very happy with peerberry. war affected loan are paid back monthly. very good platform. i love it

I've been investing in peerberry for 4 years and this is my third review. Returns of 11.51 percent. They handled the Ukraine situation very well and genuinely I still rate this as the best European peer to peer lending site. My only gripe is that there are few alternatives to eastern Europe and Kazakhstan for loans. So I am overly invested in Vietnam loans as I think Eastern Europe is to risky at the moment. Would be good if they open up more loans away from the sphere of Russia. Not seen any Sri Lankan or Philippines loans come up for ages. Moldovan loans should definitely not be reappearing as the likely hood of them getting invaded next is very high.

Can't be happier with Peerberry(PB).
And I say so after having assets frozen due to the Russia/Ukraine war.

PB put a plan in place to repay all the war affected loans so that our funds wouldn't be lost. The repayment is going ahead of schedule and their customer care is fast and reliable.

I have been investing with them for more than 6 months. Wish I had discovered it sooner!

Peerberry is a respectful p2p site. People complaining have no idea of what p2p really is and what risks are going on, especially these days. It’s investing and it has risks. There are good people at Peerberry and they are transparant. Don’t blame them, look in the mirror. If you’re a real professional then you will like the products the revenue and communication. If you’re not, then start blaming…

The investors are treated with respect and the management seems transparent, the platform is super simple to use and the interest rates are decent. They also managed the Ukraine War very well, I am optimistic that they will stay true to their commitments. I would like to see some enhancements in the website (especially at the portfolio overview and in the way the graphs are displayed.) Overall, I am satisfied and plan on investing with them for the long term.

So, I tried peerberry, the auto invest program invested in 40 loans Smart Pozyczka PL. After 1 month, None of them were paid on time, they are all delayed. 40 loans, it is quite a lot !!
peerBerry does not have a secondary market. And you can resell your assets.
I also have Ukrainian loans in my portfolio. The repayment is frozen for sure, but the war is not PeerBerry's fault.

I have invested my money with them since one year ago and the return was about 11% (very good). After the war, they have managed the situation very well because they could have called a force majeure incident but they have committed to pay our loans in Ukraine and Russia in the next two years (It is a pain but t least we have confidence we'll get our money back; which shows their level of responsibility with their investors). For the rest of the countries like Poland, Vietnam, Lithuania, Moldova everything is working as expected and we are getting around 12% returns. It is just a matter of keep making money with the other countries and wait for end of war to get all our money back.

a lot of transparency and rates that have been raised… people who have loans in russia and ukraine must be patient… for other countries it works normally.

I don't understand how PeerBerry offers dual guarantees: Group Guarantee and Buyback Guarantee, and now with the problem of Russia neither works. So these guarantees are useless, just to entice and fool investors. Now we have to wait, probably 24 months without receiving interest, when we should have the money in at least 60 days and with all the interest as we contracted.

Update
The war is in Ukraine, not in Russia. Yet the loans there, like mine, are not paid back either. There is no reason to have to wait 24 months or to invoke force majeure as you say. Your moralisms don't hold water.
If when you make profits you don't share with me, so don't come share with me the losses either. Business is business.

Just started with the platform. Most loans come from Ukraine where its not very safe to invest right now. You get 1700 loans Ukraine included and just 20 without...There is really no point to invest at least until the conflict is resolved. More loan originators needed!

Peerberry is, in my opinion, the best investing platform right now. Large supply of credits available every morning, very good overall interest, mine is around 10,7% and they are active on social networks. Rita in telegram is super responsive, kind and knows a lot about the p2p industry. I'll keep investing with them. Keep it up!

Very friendly and quick customer service, that always replies.

Annual returns are getting slightly less (from 12.74 last year to 11.94 percent this year), but are still good.

The invite a friend bonus is valid for only year. I couldn’t find this info anywhere, until I inquired about it.

The reinvestment in my opinion is relatively quick.

The dashboard is very clear. Auto-invest works fine. One day, there was a status update failure, but it was recovered swiftly.

I’m a content user since the 20th of October 2020.

Update the 29th of April 2022:

Peerberry is doing an incredible job at retreiving the war-affected loans. My sincere compliments to them!

Update the 30th of December 2024:

All war-affected loans have been repaid. I’m greatly thankful for that.

The bank returned my money. Cant transfer any.

Everything looks fine for the moment. Unfortunately based on the comments for other P2P platforms or the ones that turned to scum, this makes me feel scary and more invest more. However I have good feeling regarding Peerberry and my guess is that this one and a few others will remain. A serious issue that will affect me personally to invest more or less has to do regarding the regulation.

I have been a user for about 8 months. I'm currently active in 5 different p2p sites and this is in my top 3. It has very good app. I have not experience any problems so far. Ok there are late loans but who cares. I don't mind if loans are late. Those brings me eventually more money without an effort for buying more loans before somebody gets first. I like the fact that it has good interest rates and most of the loans are short term. Some other sites may have higher interests, but I believe that those are way riskier. That's why I like this a lot. All my investments can be withdrawn during three months if there would be need for cash.