Platform review

PeerBerry Review: My Experience and Risks

Why I include the platform in my lending allocation, how its approach compares with Mintos, and the considerations behind my assessment of its risks.

This article contains affiliate links. How this site is funded

My assessment

4.3/ 5
Overall rating
returns
4.0 / 5
safety
4.5 / 5
ease
4.5 / 5
liquidity
3.5 / 5

What it is in one sentence

PeerBerry is a Lithuanian P2P platform offering short-term consumer loans from the Aventus Group and Gofingo Group — two established lenders operating across Eastern Europe. Yields are ~10%, and the platform has never had a major originator default.

My experience

I've had €8,000 on PeerBerry since 2022. XIRR has averaged 9.8%, with no losses and almost zero drama. It's the boring sibling to Mintos, and I mean that as a compliment.

Pros and cons

What works well

  • No major originator defaults to date
  • Aventus & Gofingo have buyback + group guarantees
  • Clean, fast UI — auto-invest takes 5 minutes to set up
  • Loyalty bonus rewards long-term investors

What to consider

  • Not regulated as an investment firm (yet)
  • Concentrated on two originator groups — not true diversification
  • Lower yields than Mintos (10% vs 12%)
  • No secondary market — you wait for loans to mature

Should you use it?

As a complement to Mintos, yes. The originator concentration is a risk, but the track record is the cleanest in the European P2P space right now. I keep about 25% of my P2P allocation here.

As your only P2P platform — only if you're highly risk-averse and willing to accept the 2% lower yield as the price of (so far) zero defaults.

Thanks for reading.

Explore more of my experience with investing and building passive income.

Inside my portfolio