As with almost all P2P providers, investing with Viainvest is particularly easy, which is not surprising as the platforms want to encourage us to invest as much money as possible!
During our 15-month testing period, we implemented three distinct investment strategies to compare performance and risk management:
Many short-term loans available ensuring your money isn't stuck for long periods and providing better liquidity
No, definitely not. Viainvest is not a bank and therefore does not fall under any European deposit insurance. All funds you invest on the platform are exposed to a high risk of default.
If a loan by the lender defaults, the buy-back guarantee is then triggered. In this case, the outstanding receivables are reimbursed by the lender, including accrued interest. If the lender has difficulties servicing those receivables, the VIA SMS parent company steps in.
Peerberry used to be good and they made a name as reliable after recovering most (all?) money from Russian and Ukrainian companies after the Russia invasion, but that's it, they stopped there.
When we invest in loans through PeerBerry, we invest not in PeerBerry but in loans issued by lenders - our business partners. Our business partners set interest rates based on their borrowing needs.
No defaults, no repayment delays and competitive interest rates are the reason why I have been able to consistently achieve a return above 10% on Viainvest since 2018. This corresponds to a continuous reliability that not many other P2P platforms can match.
Withholding tax is currently 5 per cent for Viainvest and is withheld directly. However, you can avoid this charge in many cases by obtaining a certificate of residence.
The reserves for doubtful loans from the COVID period, which peerberry were created for security reasons, have also been reduced. In my opinion, this is a positive sign that fits in with my Viainvest experience and the general direction of the Group. At Viainvest, non-performing loans
PeerBerry returns are seen as moderate compared to platforms like Mintos or Esketit, but perceived as more stable.
If there’s been a misunderstanding or if you believe this is in error, we’d appreciate the opportunity to speak with you directly. Please feel free to contact us at [email protected], and we’d be happy to clarify or assist further.
Viainvest is one of the few platforms in the European P2P market to levy a withholding tax. Although this is only 5 per cent and can be avoided in some cases with a certificate of residence, it is still a very unpleasant and annoying burden.
Investors can only withdraw funds to the bank account from which the initial deposit was made. If you wish to register a new account for withdrawals, you’ll need to make a new deposit from the new personal account.