Max Crowdfund Review Summary
Max Crowdfund's management is unable to publicly address the defaulted lending portfolio. The lack of communication and countless issues reported by the community are alarming enough to keep people away from this platform.
Main Takeaways From Our Max Crowdfund review:
- Poor risk management
- No transparency
- Lending license was not granted by the Dutch regulator
- High default rate
Our Opinion Of Max Crowdfund
Max Crowdfund offers attractive investments in mortgage-backed loans. Unfortunately, the default rate has increased in the past two years, leading to many delays.
The platform shared its poor performance in an annual report for 2023. Since then, management has not provided any updates on the loan book's performance. The Dutch regulator also declined Max Crowdfund's application to become a regulated platform.
Many investors also reported technical difficulties, as the platform was working on a new website version that turned out to be unstable. As of month year, Max Crowdfund has shown that it is unable to communicate performance-oriented issues with the community.
Additionally, there is no public information about the portfolio's current state, which may be worse than many investors anticipate.
If you are looking to invest your money in mortgage-backed loans, Crowdpear is a much more sustainable option to consider than Max Crowdfund.
