Envestio – My experience after 1 full year on this crowdlender.
Envestio was actually my most favourite platform after being only a little while into Peer To Peer Lending. Based on that, it was actually my very first platform to write a review about on the 15th of August 2018.
So exactly one year later I thought it would be a great time to update my opinion.
Is it still my favourite platform in my portfolio? No it isn’t, but that is mostly due to its own success. And to be fair, it is a close second. If they can clean up some of the issues they’ve been having recently, then I have no doubt in a nice future for them as a crowdlender.
Envestio is still the platform I have the most invested in; €3000, with a total value now of €3562,79. I’ve actually started on 02/07/2018 with only €1000 and added another €2000 on 07/11/2018. Which means at this rate I should reach a clean €1000 euro profit during spring of 2020.
I don’t think there are many other forms of investment that can achieve this in such a short amount of time. It’s even still crazy for me when I see those return numbers every month, which is averaging slightly above €50 on only (?) a €3000 investment.