PeerBerry Review

Earn on average 12.04% interest per year.
Your investment is secured by a buyback guarantee.

EARN 0.5% Cashback Bonus
  • Your money is always invested
  • Broad diversification options
  • High liquidity due to short-term loans
  • Responsive support
Risk & Return
Buyback GuaranteeYes
Auto InvestYes
Secondary MarketNo
Min. Investment€10
Loan Originators24
Loan TypeShort-Term
Loan Period1-60 months
Interest11% - 13.7%
  • Buyback + Additional Guarantee
  • Loyalty Bonus up to 1%
  • No cash drag & stable returns
  • Mostly short-term loans
  • Unsecured consumer loans
  • No instant withdrawals
_Risk & Return
_Due Diligence

PeerBerry Review

PeerBerry is one of the most popular P2P lending sites in Europe. Since 2017 more than 30,000 users have earned over €4M in interest. Investors can invest in short-term loans, protected by a buyback guarantee, with interest up to 12% per year. Is PeerBerry a good fit for you? Read our PeerBerry review to find out!

peerberry review

⭐ Learn more about our rating criteria

PeerBerry News

Last update: 22/04/2021
  • 21/04/2021 - The total loan portfolio of the companies operating under the Aventus Group brand increased to €102 M in Q1 2021. The debt to PeerBerry accounts only for 32% of the total Group's loan portfolio.
  • 08/04/2021 - PeerBerry updated its mobile app. Now you can see the portfolio distribution by country.
  • 07/04/2021 - The funded loan volume on PeerBerry in March increased by 17.4% in comparison to February 2021

📧 Stay up to date with our newsletter

Wondering how PeerBerry works? Watch our PeerBerry review and learn about our experiences with PeerBerry.

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
Year founded:2017
Investor's earnings:+ €5.2 M
Total loan value:+ €439 M
Number of investors:+ 33,000
Loss of investors' money:0%
Average portfolio size:€1,500
Latest financial report:Report for 2019

Watch our recent interview with the CEO of PeerBerry - Arunas Lekavicius, where we are addressing all of your questions:

PeerBerry is a long way off being the same size as the competing giants Mintos or Bondora. Their investor base is, however, growing rapidly. PeerBerry acquires most of the investors through word of mouth.

PeerBerry has also a dedicated page for their statistics.

Investors have access to graphs that show the volume of funded loans every month as well as the interest paid to investors.

peerberry statistics

Also, notice that up to the creation of this PeerBerry review, there are no records of investors having lost their money on PeerBerry.

PeerBerry Referral Code

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 you sign-up bonuses and referral codes. This is also the case with PeerBerry. This P2P lending platform rewards not only new investors but also their loyal investors.

PeerBerry Bonus for New Investors

Use our referral code for PeerBerry and get a 0.5% PeerBerry bonus for all your investments during the first three months after registration. Note that you need to invest money in order to receive your PeerBerry bonus. This offer is only valid if you sign up on PeerBerry with our referral link.

The PeerBerry referral code will be automatically added to your account after your registration is completed. You don't need to type in any special PeerBerry referral code during the sign-up process. Simply register with our partner link. The bonus will be added to your account in the form of 0.5% increase of your interest rate during the first three months.

peerberry referral

PeerBerry Loyalty Bonus

    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: This PeerBerry bonus will only be added to your active investments if your portfolio size meets the bonus criteria.

In our latest interview with PeerBerry we have learned that there are currently over 1,800 investors that are part of the loyalty program.

peerberry bonus

Ready to get your 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 Europe.

If you are from the UK or U.S. and live in Europe, you can still sign up and invest on PeerBerry.

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

  1. Be over 18 years old
  2. Have a European bank account in your name

Even though you can deposit your money in any currency, we suggest transferring your funds in Euros to avoid potential currency exchange fees.

No EUR bank account? No problem

  • 💳 Open a free N26 bank account
  • 💳 Open a free Wise bank account

Transferring money to your PeerBerry won't take more than two business days.

Ready to start investing?

Risk and Return

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 or Robocash) you’re basically investing in unsecured consumer loans.

Most P2P lending platforms don’t advertise this aspect of P2P lending since those loans offer a buyback guarantee.

PeerBerry's 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.

Late Payments

This means that in case the borrower is late with its payments the lending company will buy back your investments so you don't lose anything.

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.

Are you wondering how PeerBerry compares to Mintos? Check out our latest comparison PeerBerry vs Mintos.

In the history of PeerBerry, none of the investors ever lost any money. This is mainly due to the fact that PeerBerry's loan originators have never funded more than 45% of their loan book via P2P lending. The loan originators are therefore able to cover any potential buyback guarantees.

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.

In our latest P2P talk with the CEO of Aventus Group Andrejus Trofimovas, we have learned that the Aventus Group is operating in a very sustainable way, which allows them to growth their market shares and fulfill any obligations towards investors.

Do you want to learn more about the Aventus Group? Watch our latest video with the CEO of Aventus Group Andrejus Trofimovas.

Loan Originators

As mentioned above, PeerBerry collaborates with two large finance groups Gofingo and Aventus Group as well as a small lender Lithome. In total you can invest in loans from 23 loan originators.

PeerBerry recently added more information about every loan originator. You have access to the size of their loan portfolio, the total amount of funded loans as well as information about the buyback guarantee and interest together with the financial report.

peerberry lo

PeerBerry has also recently added the information about delayed loans from individual lenders. You can now see which loan originator has the most delayed loans on PeerBerry. It's worth mentioning that the average percentage of late loans is between 15% and 20%, which is considerably low in comparison to other market players.

peerberry investment statuses

📖 Learn more about investing in individual loan originators

Country Risk

When investing in lenders from various countries, you could prioritize the ones from regulated markets. PeerBerry is very transparent when it comes to sharing additional data about the regulatory environment in individual markets.

CountryPortfolio ExposureRegulation
Poland24.29%Included in the National Register of Creditors and Institutions of Credit
Ukraine32.90%Licenced by the National Bank of Ukraine
Kazakhstan8.2%Listed in the National Register of Organizations Engaged in Microfinance Activities
Russia21.02%Licenced and listed in the National Microfinance Market Entities Register
Moldova4.10%Licenced by the Central Bank of Moldova
Vietnam2.95%Operates under the Articles of Association (regulation is emerging)
Sri Lanka0.11%Operates under the Articles of Association (regulation is emerging)
Lithuania6.43%Regulated by the Bank of Lithuania

As you can see, less regulated countries have the smallest part in PeerBerry's loan book.

Source: PeerBerry in April 2021

Is PeerBerry Safe?

PeerBerry is as safe as any P2P lending platform. The platform follows all regulations and AML procedures. Since PeerBerry was launched in 2017, none of the investors lost any money. The safety of your investments is additionally supported by the sustainable lending practices of lending companies in which you are investing.

We have also looked into the management behind the platform, their financial reports and read all the terms and conditions.

Who Leads The Platform?

Arunas Lekavicius is the CEO of PeerBerry who is also responsible for PeerBerry's business decisions. Before Arunas joined PeerBerry he was the Head of Leasing at the Lithuanian lender 4finance.

PeerBerry's team consist of 10 employees while many tasks connected to the IT and accounting are being outsourced.

Who Is The Owner Of The Platform?

PeerBerry is owned by two private investors Genrik Baitiul and Ivan Butov.

  • Genrik is also the CEO of the IT company AIS Consulting.
  • Ivan works at the TELEMED Medical Ultrasound Systems as a Quality inspector.

Both shareholders are passive investors and they do not take any positions at PeerBerry nor participate in PeerBerry management decisions.

It's worth mentioning that PeerBerry was founded by Aventus Group. As of today, there's no overlap in shareholders between PeerBerry's loan originators and PeerBerry.

Are There Any Suspicious Terms and Conditions?

Clause 2.3 - Currency Risk

PeerBerry doesn't offer a multi-currency solution. All of the investments are made in Euro.

peerberry terms 2

Even though the loan originator's loans are often originated in other currencies, you as an investor are not exposed to any currency risk.

The loan originator earns enough interest to cover potential currency fluctuation.

Clause 4.6 - Security of Your Funds

All of your funds are stored on a separate bank account of SIA AV Marketplace - which is the operator of

peerberry terms 4.6

The separation of funds is a standard procedure in the P2P lending industry. We would certainly appreciate if PeerBerry would introduce individual IBAN accounts for investors to increase the safety of their funds.

Clause 7.7 - Liability

As with every P2P investment, the P2P lending platform isn't reliable for any losses if the borrower doesn't fulfill its obligations.

peerberry terms 7

In case the borrower is late with its payment for more than 60 days, the loan originator is responsible to repurchase the claim from you and return the outstanding interest and loan principal to your account.

Do Investors Have Access To Individual Assignment Agreements?

Investors can view individual assignment agreements with more details about their claims under "My Investments".

peerberry agreements

Simply click on the PDF icon next to the LOAN ID to download the file.

Curious about what else we look at when conducting our research?

With our ✅ Due Diligence Checklist workbook you will be able to spot red flags 🚩 and protect your investment.


Protect Your Money!

Potential Red Flags

Currently we have no knowledge about potential red flags.

Learn more about possible red flags here.

What's Our Opinion About PeerBerry?

The result of our due diligence is positive. We haven't spotted any suspicions. PeerBerry's communication is constantly improving.

Investing and withdrawing funds has always worked without any delays which is also the reason why PeerBerry remains one of our favorite P2P lending platforms.

peerberry review 2021

We have joined PeerBerry three years ago and our active portfolio is currently above €16,000.

Find out more about our investment strategy for PeerBerry in 2021.

Ready to earn interest on 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

The auto invest on PeerBerry allows you to 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 review 2021

Here is a screenshot from our PeerBerry Auto Invest Strategy for 2021.

We suggest to not exclude any loan originators at the moment as the loan availability changes constantly. Restricting your Auto Invest settings may lead to uninvested money on your account.

In 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.

We have tested several auto invest strategies over the past few months. We can't confirm that any auto invest strategy on PeerBerry resulted in a significant change in the performance of our investments.

You can segment your auto invest based on interest or loan period. Any other setting won't make much difference in the final return.

Wondering how we set up our PeerBerry Auto Invest? Find out in this video:

PeerBerry Mobile App

PeerBerry has recently launched its new mobile App.

The PeerBerry mobile app will allow you to get a quick overview of your portfolio. You can view your available funds, invested funds, paid interest and the annualized net return.

A great feature of the app is also the chart that is showing you daily interest repayments.

Under the "Investments" section you can also get an overview of your portfolio which is now segmented into loan originators and loan types. A feature that we would also love to see on the desktop version.

peerberry app

Do you enjoy this review? Invite us for a coffee ☕

How Fast Can You Withdraw Your Investments?

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

This proved to be also very valuable during March 2020, when many investors started withdrawing their funds due to the panic caused by the coronavirus.

There were no delayed loans on PeerBerry and all the funds were returned to the investors after the end of the loan term, which is typically within 30 days.

Too good to be true? No. In the latest interview with PeerBerry, we have learned that PeerBerry reserves 10% of the loan originator's portfolio to cover all withdrawal requests. That way, there's no delay and no pending payments.

If you are looking for instant withdrawals, you won't find it on PeerBerry. There is currently no secondary market on PeerBerry. Nevertheless we don't think it's a necessity in PeerBerry's case as most of the loans are short-term.


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. You can also read through the trustpilot review about PeerBerry where hundreds of other investors share their positive experience with PeerBerry.

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 Crowdestor.

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 PeerBerry offers is truly exceptional.

PeerBerry Review Summary

PeerBerry is currently the best peer-to-peer lending platform for short-term loans with an annual yield of 12%. PeerBerry offers an auto-invest as well as a 60-day buyback guarantee. The P2P platform provides audited financial reports and dedicated statistics. Our experience with PeerBerry has been very good which reflects our positive PeerBerry review.

Here are the main takeaways from our PeerBerry review:

  • Exceptional liquidity - you can exit your investments within 30 days for free
  • Responsive support that answers all of your questions
  • High availability of loans - we have never experienced any cash drag
  • High level of transparency - many financial reports are audited and translated in English

Not convinced yet? Well, what about we tell you that you can get a 0.5% PeerBerry bonus?

All of our readers will get a bonus calculated from the average investment amount during the first 90 days from registration. The PeerBerry referral code will be automatically added if you sign up with our exclusive partner link.

Ready to let your money work for you?


Are late payments on PeerBerry normal?

Delayed payments in the P2P lending sector are common. You should know, that for every delayed loan, you are receving an interest. Delayed payments do not decrease your returns from PeerBerry. You can have a look at PeerBerry statistics to find out how many loans are currently delayed.

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 which you'll find in the promo section of our PeerBerry review.

What to do when the PeerBerry Auto Invest is not working?

It can take up to one day, until the auto invest distributes your investments across available loans. If your investment isn't diversified within 24h, adjust your settings or get in touch with the support. Note, that your auto invest will always invest in all the available loans that match your criteria.

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 do so by investing €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