hamburger

Envestio Review

Envestio SI OÖ shut down their P2P lending platform on the 21. January 2020. Read more about the recent updates below.

Highlights
  • Envestio took down its website
  • Investors started a lawsuit against Envestio
  • Envestio's team dissapeared
  • Submit the claim report below 👇👇👇
Rating
Risk & Return
Usability
Liquidity
Support
FEATURES
Buyback GuaranteeYes
Auto InvestYes
Secondary MarketNo
CashbackYes
PromotionsYes
DIVERSIFICATION
Min. Investment€1
Countries6
Loan Originators1
Loan TypeBusiness
Loan Period2 - 80 months
Interest10% - 21%
PROS & CONS
  • Buyback Guarantee
  • User-friendly Auto Invest
  • High returns
  • Cash Drag & transparency issues
  • Limited diversification
  • 5% fee for early withdrawals

Envestio Problems: Is Envestio a scam? Submit your claims!

Last Update: 2/11/2020

Important Update

On 2. November 2020 the Envestio website went live again. There has been no official communication from Envestio. Note that this platform has official defaulted. Do NOT send any money or personal information to anyone connected to Envestio.

Submit your Claims against Envestio

Envestio SI OÜ has declared bankruptcy. Andres Hermet has been appointed as the trustee in bankruptcy. Creditors are required to submit their claims against Envestio SI OÜ not later than 3th of August 2020.

How it works:

  1. Fill out the claim form according to the below mentioned guidelines .
  2. Attach all relevant documents such as bank statements and account information (if available)
  3. Attach a copy of your ID document
  4. Send your proof of claim form to andres@pankrotihaldur.ee or envestio@lh.ee no later than 3. August 2020.
If you wish, here's a predefined template which you need to adjust according to your needs.

Envestio Case Overview

  • At the moment there is no possibility to access your investments or deposits on Envestio.
  • Envestio’s website has been deleted from the servers of the Webhosting company. It’s more than 72 hours since the platform is down.
  • Envestio is not communicating with its investors via Email or Social Media. Social Media profiles on LinkedIn as well as on Facebook from people connected to the management of Envestio had been deleted.
  • Many investors have filed complaints against the platform as mentioned in the report from the European Crowdfunding Network.
  • Individual investors are collecting information about victims that had been affected by Envestio. This information will be used against the company in a potential lawsuit. You can add your name under the spreadsheet Victims and Damages here.
  • A group of investors is fundraising money to pay for a lawsuit against Envestio, led by a law firm called Magnusson. The fundraising target is over €60,000. You can join the group here.
  • Estonian Police started an investigation against Envestio SI OÜ. Learn more about it here.
  • You can submit a police report to cybercrime@politsei.ee. Here is a template that will help you structure your police report: download PDF.
  • According to this article from baltictimes.com Latvian police has not yet joined the crime investigation.
We will monitor the situation around the Envestio fraud and will update this article as new foundings arise.

In the meanwhile read more about our concerns regarding Ekassa and Monethera

👉 How to Conduct Your Own Due Diligence in 10 Minutes

Potential Red Flags

  • Envestio failed to address critical questions
  • A time buying letter has been sent out
  • Investors exposed fake projects
  • Changes in the management and ownership of the platform
  • Key employees were connected to fraud and money laundring
  • Site has been taken down and deleted
Learn more about possible red flags here.

📧 Stay up to date with our newsletter

Company Information
Company:Envestio SI OÜ
Address:Raeküla tee 5, Rae Küla, Rae Vald, Harjumaa, Estonia
Phone:+372 674 0009
Email:info@envestio.com
Live Chat:Yes
Opening Hours:not available
Social Media:Facebook, Twitter, LinkedIn