Monthly Update: January 2020

monthly updates
Exactly one year after the start of my p2p journey blood-red figures due to the collapse of two platforms one after the other. In both cases it seems that there is fraude in play. I think the chance that the investments of a few thousand investors and a few tens of millions of euros will ever be recovered is nil. I have written off both Kuetzal and Envestio.
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Monthly Update: December 2019

monthly updates
This month 450 € was added to my total return since I started my p2p journey in January 2019. This is by far the highest monthly return. This month I invested a total of 2.048 € in various projects and deposited a total of 1.250 € on various platforms. I also withdrew 350 € from Kuetzal due to some negative news on various blogs regarding the reliability of some projects and the platform itself.
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Wisefund E-mail: Statement from Wisefund

platform e-mail
Wisefund and our team, we are confident in what we do and how we do it, the history of our work, and we intend to keep it this way and prove our place in the industry. Due to certain circumstances that accrued yesterday within the crowdfunding sector, Wisefund is experiencing a large amount of early-exit requests from many of you. During Kuetzal collapse, there were no significant issues Wisefund experienced except slightly slower pace of funding, but since yesterday when Envestio website is not accessible anymore, there’s a hype in early-exit requests which causes certain administrative burden towards us, financial and administrative burden towards our partner, and certainly slows down our daily work.
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Wisefund E-Mail: Borrower Acceptance Policy described

platform e-mail
For the purpose of understanding the process of how Wisefund accepts borrowers before listing them to fund their loan requests, please see insight of the process that has been integrated with Wisefund as its Borrower acceptance policy from the very beginning of the operations, with improvements over each new case.
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