PeerBerry Review


Earn on average 11.51% interest per year.
Your investment is secured by a buyback guarantee.






  • High availability of loans
  • Automate your portolio with Auto Invest
  • High liquidity due to short-term loans
  • Responsive support


Risk & Return4 stars
Usability4 stars
Liquidity4 stars
Support5 stars


Buyback GuaranteeYes, in 60 days
Auto InvestYes
Secondary MarketNo
PromotionsYes, Loyalty Bonus


Min. Investment€ 10
Loan Originators17
Loan Period1 - 60 months
Interest11% - 13.7%


  • Buyback + Additional Guarantee
  • High Liquidity
  • No cash drag & stable returns
  • Limited Diversification
  • Not suitable for long-term investors
  • No instant withdrawals

PeerBerry Review

PeerBerry is one of the most popular Peer to Peer (P2P) lending platforms for European P2P investors. Serving investors who are looking for short-term investment opportunities, any money invested using this platform is protected by the 60 day buyback guarantee and will grow with an average annual interest of more than 11%.
Read our nifty PeerBerry review below to find out if this is the P2P lending platform for you.

peerberry review

PeerBerry in Numbers

PeerBerry has been on the market for a few years now, so we’ve been able to have a good look at their statistics and evaluate their performance.

Check the table below to see whether PeerBerry is the right fit for you.

PeerBerry Statistics
Founded in:2017
Investors' earnings:+ €1.8 M
Total loan value:+ €191 M
Number of investors:+17,900
Loss of investors' money:0%
Average portfolio size:€ -
Latest financial reportReport for 2018

So, what does this table tell us?

PeerBerry is a long way off being the same size as the competing giants Mintos or Bondora. Their investor base is, however, growing rapidly. This platform doesn’t advertise on Youtube and other media, instead PeerBerry acquires most of the investors through word of mouth. Whereas you’ll notice Bondora ads everywhere.

Also, notice that, up to the creation of this PeerBerry review, there are no records of investors having lost their money on PeerBerry. This is a result of the platform having certain protective features in place that help keep your investments safe.

Cash drag occurs when the money you put on the P2P lending platform isn’t invested. This tends to happen when P2P lending platforms don’t offer loans that meet your investment criteria.

PeerBerry lists loans from loan originators operated by the Aventus Group. It's worth noting that the Aventus Group made an estimated profit of €12,6 million in 2019. In the latest article on PeerBerry's blog, the CFO of Aventus Group - Raimundas Lukoševičius ensures investors that the company has sufficient equity to cover all the liabilities of the Group. 

PeerBerry has never failed to communicate with its investors. We certainly appreciate the transparency, as we believe, this is going to be the main differentiator in 2020 across the European P2P lending market.

PeerBerry Loyalty Bonus

Before we get into the in-depth PeerBerry review, let’s have a look at some of the bonuses that you, as an investor, can benefit from.

Many P2P lending platforms offer their new investors sign-up bonuses and promo codes. While this isn’t the case with PeerBerry, this P2P lending platform does reward loyal investors with additional interest.

    There are three different levels of loyalty bonuses:

  • Silver: This is for portfolios over €10,000 and you’ll receive a 0.5% bonus
  • Gold: This is for portfolios over €25,000 and you’ll get a 0.75% bonus
  • Platinum: This is for portfolios over €40,000 and you’ll get a 1% bonus
In order to obtain the above bonuses, simply sign up to PeerBerry and start investing!

N.B: The bonus will only be added to your active investments if your portfolio size meets the bonus criteria.

peerberry bonus

PeerBerry Requirements

PeerBerry is one of our absolute favorite P2P lending platforms and this is primarily because you can sign up on PeerBerry from anywhere in the world. Unlike PeerBerry’s competitors, even investors from the UK or the U.S. can sign up and invest on PeerBerry and earn on average around 12% of interest per year.

There are, however, some requirements you must fit in order to invest on this platform.

Firstly, you need to be over 18 years old. Secondly, you must have a European bank account. We use our N26 bank account to invest and test P2P platforms, you can also, however, use a digital bank account from Transferwise or Revolut. All you need to do is make sure the account is in your name, and ideally you’ll open it in euros as most European P2P platforms list their loans in euros.

You can also transfer funds in different currencies, in most cases, however, your money will be converted into euros for the actual exchange rate. To avoid any fees, we suggest transferring your funds into euros before you start investing.

Risk and Return of this P2P Lending Platform

As mentioned earlier, PeerBerry is an amazing P2P lending platform for short-term investors. As you might know, short-term investments are often perceived as riskier as opposed to long-term investments. While this might be the case with stock trading and cryptocurrencies, this rule isn’t necessarily true with P2P lending.

With moderate risk, you can earn up to 12% of returns every year.

When investing on PeerBerry or any other P2P platform that lists short-term loans (for example, Mintos, Grupeer or Robocash) you’re basically investing in unsecured consumer loans. Most P2P lending platforms don’t advertise this aspect of P2P lending since they offer a buyback guarantee.

PeerBerry Buyback Guarantee

PeerBerry is also one of the P2P lending platforms that offers a buyback guarantee for loans that are delayed by more than 60 days. In this scenario, the originator of the loan that you’ve invested in would buy back the claim against the borrower from you. This greatly lowers the risk associated with this P2P platform and it means you don’t have to deal with debt collection.

The best part about PeerBerry’s buyback guarantee is that the loan originator also pays back the interest on the delayed loan. This is great because your money is still earning you interest even though the borrower is late with the payments. This isn’t the case with many loan originators on Mintos, most of them don’t pay out the interest for delayed payments which causes cash drag.

Additional Guarantee

PeerBerry offers an additional guarantee by the parent companies of the loan originators. Most of the originators offer loans in different countries, although it’s worth noting that they are owned by two large investment groups. .

Most of the loan originators on PeerBerry are operated by - Aventus Group and Gofingo. While the loan originators work as independent entities, the additional guarantee claims that, in case the loan originator would not be able to cover the buyback guarantee, the parent company will step in and repurchase your claims.

Is PeerBerry Safe?

All of our P2P lending reviews are based on our personal experience or extensive research. We like to look beyond the information that you can find on the platform’s website, which sets us apart from many other comparison websites.

PeerBerry is no exception here. We have looked into the management behind the platform, their financial reports and read all the terms and conditions.

Below find all the questions that we came up with during our extensive due diligence. PeerBerry was keen to answer all of them.

Why does the about us page only list four employees? How many people work for PeerBerry?

At the moment at PeerBerry we’re the team of 9 employees:

  • Arūnas Lekavičius, CEO PeerBerry
  • Viktar Kamiahin, CTO
  • Inga Zubanovė, COO
  • Rūta Zenkevičienė, Head of Customer Care
  • Rita Simanavičiūtė, Head of Marketing and Communications
  • Rita Simanavičiūtė, Head of Marketing and Communications
  • Rasa Paškevičiūtė, Customer Care Manager
  • Milda Martišiutė, Customer Care Manager
  • Tadas Bulota, Lawyer
On our website, we list those employees, who are related to direct communication with our investors. We’re in the process of implementing necessary improvements on our website after which full the list of employees will be published as well.

According to the business register, PeerBerry is a limited liability company, who is the legal owner?

PeerBerry shareholders since January 2018 are two private individuals – EU citizens Genrik Baitiul and Ivan Butov. Both shareholders are passive investors – they do not take any positions at PeerBerry, do not participate in PeerBerry management and do not take any PeerBerry business-related decisions. Arūnas Lekavičius, CEO of PeerBerry is the responsible person for PeerBerry business management.

More about PeerBerry shareholders:

Genrik Baitiul has extensive experience in companies’ management, developing businesses in real estate and IT industries. He currently works as CEO in IT company AIS Consulting, he owns 40% of shares of this company. AIS Consulting is providing different IT solutions for different businesses including financial companies. Genrik Baitiul’s experience played a very important role in the development of the PeerBerry platform, especially starting its business in 2017.

Ivan Butov is an experienced expert mainly in risk management and quality assurance. Previously Ivan Butov headed different companies as managing director, took the position as a member of the loan committee in the credit union. Currently, he works for the company TELEMED Medical Ultrasound Systems as a Quality inspector.

PeerBerry was established by Aventus Group in June 2017. The platform began its activity at the end of the year 2017. Aventus Group management decided to focus its business on lending and business expansion in Eastern and Asian countries. This was the reason to attract experts with extensive know-how to develop PeerBerry platform on purpose to run high-level technology-based service to investors. New ownership of the platform expanded PeerBerry possibilities to build an independent and sustainable business model and to offer more diversified opportunities to its clients to invest in loans, issued by different loan originators, including the partnership with Gofingo and Lithome.

Can you provide the financial report about PeerBerry for 2018? (not the Aventus Group financial reports)

PeerBerry financial statement 2018 can be found here.

In your terms and conditions, you are describing the transfer of investor’s funds. Can you confirm that the funds are stored in segregated bank accounts?

peerberry terms 4.6

According to the 4.6. of General Terms and Conditions of the I-Platform (User Agreement), the funds that are transferred by the User (Client), are received directly on the separate SIA AV Marketplace bank account and the same amount of funds are indicated on the User’s virtual account. SIA AV Marketplace withholds Client’s funds on its separate bank account for a limited time in order to transfer funds directly to the Assignor (Creditor, Loan Originator).

Can you send us your price list? What is the AV Marketplace commission fee?

peerberry terms 4

PeerBerry does not apply any fees as it is stated on the PeerBerry’s website.

Please be informed that according to the current price list and 4.8. of General Terms and Conditions of the I-Platform (User Agreement), SIA AV Marketplace shall not charge a service commission fee. If any additional fees would apply in the future, Clients would be informed in advance. In case the User‘s account stays inactive for more than 12 consecutive months, it may be reviewed and closed without applying commission service fees or any other type of fees.

Can you clarify this section? Does this concern the buyback guarantee as well?

peerberry terms 7

Please be informed that SIA AV Marketplace (PeerBerry) is an intermediator between the Creditor (Loan Originator) and Client (Assignee). For this reason, the Assignment Agreement is signed between the Creditor (Loan Originator), Client (Assignee) and SIA AV Marketplace. Loan Agreement is signed between the Borrower and Creditor (Loan Originator). Therefore, in the event of the Borrower’s default, Creditor (Loan Originator) is responsible for the security of the claim, including the buyback guarantee which is unilaterally enforced by the Creditor (Loan Originator).

Most of the loans are additionally secured with an additional guarantee provided by Aventus Group and Gofingo.

In section 12.6. It is stated that the AV Marketplace does not have the duty to pay the claim to the user before the creditor has received the payment from the borrower.

peerberry terms 12

It is correct. SIA AV Marketplace shall pay for the claim only after the Creditor (Loan Originator) has received such payment from the relevant Borrower or the buyback guarantee is enforced when Borrower delays the payments arising from the Loan Agreement by more than 60 (sixty) days.

Does this as well as section 9.3. In the loan agreement not contradict the buyback guarantee mentioned in section 10.1?

peerberry terms 9.3

Please be informed that there is no contradiction between sections 9.3. and 10.1. because there is an agreement between the Parties regarding the buyback guarantee. It is correct that the Loan Originator shall be obliged to unilaterally exercise its buyback obligations if the Borrower delays the payments arising from the Loan Agreement by more than 60 (sixty) days and(or) the Borrower defaults.

Are users exposed to foreign currency risks? Can you explain the reason for the clause 2.3. In the loan agreement?

peerberry terms 2

Please be informed that users are not exposed to the foreign currency risks because PeerBerry does not offer a multi-currency solution.

So what’s our opinion about PeerBerry?

PeerBerry has provided us with information that you can’t find anywhere else, which is a clear sign that PeerBerry cares about transparency.

We have reviewed over 30 P2P lending platforms and we cannot say the same about all of them. In fact, many of the platforms stopped replying as we requested a further explanation about their terms and conditions.

Investing in loans from loan companies owned by two parent holdings isn’t the best way to diversify your investments and it certainly increases the risks. However, there will be always pros and cons to every platform.

P2P lending is a risky investment. We encourage you to do your own due diligence about any P2P lending platform before you decide to invest.

With PeerBerry’s buyback guarantee alongside their additional guarantee, this platform has been able to protect investors’ money so far. We are investing on PeerBerry ourselves and we haven’t had any losses.

How User-Friendly is PeerBerry?

PeerBerry is made for a multitude of P2P investors, so, whether you’re just starting out with P2P lending or you’re looking for new platforms to help you lower the risk, we’d recommend you seriously consider PeerBerry.

PeerBerry’s dashboard is very intuitive and you can reach all the important sections of the website within just a few clicks. You can view your investments, export transactions for your tax statements and automate your investment strategy with their Auto Invest feature.

PeerBerry Auto Invest

Many P2P platforms allow you to automate your investments. While Bondora and Mintos are a bit more innovative in this area, PeerBerry’s Auto Invest tool is good enough to meet investors’ needs.

This tool is pretty simple to navigate. You can set up important variables such as the portfolio size, maximum investment per loan, interest rate, loan period, loan status, countries and loan originators. There is also an option to reinvest all your returns.

peerberry autpinvestIn case your PeerBerry Auto Invest isn't working, wait for 24 hours until you contact the support. PeerBerry's Auto Invest runs once a day.

Liquidating Your PeerBerry Loans

Improved Liquidity with Short-Term Loans

While PeerBerry is trying to offer more loan types to help diversify investors’ P2P portfolios, it’s mostly used for short-term loans. When working with short-term loans, investors benefit from the improved liquidity that comes alongside them.

No Loss of Money on Secondary Markets

If you want to have access to your money without selling your investments for a discounted price on secondary markets, PeerBerry is a good option for you. There isn’t a secondary market on PeerBerry, however, if you set up your Auto Invest so that it only invests in loans with a maximum period of 30 or 60 days, you will be able to withdraw most of your money within this time frame.

This is a good P2P strategy if you don’t want your money to be stuck in your checking accounts while waiting for a better investment opportunity. Instead, you can easily cash out your investments from PeerBerry and invest elsewhere.

This isn’t the case with platforms such as Crowdestor or EstateGuru, where the loan period is on average around 12 months. EstateGuru does, however, give you the ability to sell your claims on the secondary market for a discounted price.

How Does PeerBerry Support Your Investing?

Having a dedicated support team that will answer all of your questions regarding their P2P lending platform is, in our opinion, very important. At the end of the day, your money is managed by the platform and therefore you need to be able to trust them to keep your funds protected.

We’ve always found PeerBerry’s support to be very responsive. The best way to get in touch with the support team is to send them an email to Most of our requests have been answered within one day, which is not something we can say about the customer support at other companies like Bondora, Crowdestor or Crowdestate.

It’s always good practice to get in touch with the customer support at any P2P lending platform and test it before signing up. You want to make sure the platform can handle your requests before you even become an investor.

When compared with even the biggest European P2P platforms like Bondora, the support Mintos offers is truly exceptional.

PeerBerry Review Summary

High Liquidity

PeerBerry is a very good P2P lending platform for investors that are looking to increase the liquidity of their P2P investments while earning a solid interest of 12% per year.

Lowering Risk and Diversifying Your Portfolio

This platform is a good alternative to Mintos and Bondora. If you want to lower the risk and diversify your portfolio PeerBerry might be a good option for you as the loan originators on this platform are not the same as Mintos’ or Bondora’s and the average interest is much higher.

Ease of Use

This P2P platform is very easy to use, even if you’re just starting your P2P investment journey. We’ve been active investors on PeerBerry since 2017 and, so far, we’ve only had good experiences with this P2P lending site.

No Dreaded Cash Drag

Before we conclude this PeerBerry review we should also mention that so far we haven’t experienced any cash drag on PeerBerry, which isn’t the case with other platforms such as Grupeer, or Robocash.

There are always enough loans to fund on PeerBerry which means, you’re constantly earning interest. This is truly a great benefit which many other P2P investors forget when reading platform reviews.

Sign up on PeerBerry today, it only takes a few minutes. Invest and get familiar with the platform and get up to 1% cashback. You won’t regret it.

Ticking a lot of your boxes?


What is the buyback guarantee?

The buyback guarantee on PeerBerry is being activated after 60 days of delayed payments. The loan originator buys back your claim against the borrower with all the accrued interest.

How big is the PeerBerry bonus?

You can earn a cashback bonus of up to 1% when investing on PeerBerry. In order to claim your bonus, you need to meet certain criteria. The cashback bonus is given to investors with a portfolio size of over €10,000.

Is P2P lending safe?

Investing in P2P loans is not risk-free on any lending platform. There are, however, tools that help you protect your investment. PeerBerry is doing it’s best to protect and safeguard your money.

What is the minimum investment amount on PeerBerry?

In order to invest on PeerBerry, you need to invest at least €10 in one loan. It is recommended to achieve a diversification of 1%. You can achieve this with an investment of €1,000.

Company Information
Company:AV Marketplace, SIA
Address:Udens iela 12-118, LV-1007 Riga, Latvia
Phone:+370 61 355 529
Live Chat:yes
Opening Hours:Weekdays from 8AM to 5PM
Social Media:Facebook, Twitter, LinkedIn