Thank you, Victoria. I fully understand Grupeer's position not to want to be burdened with special procedures for PEP's. But that wasn't my question. You apply this exclusion to persons (and their families) who have for a long time lost their PEP-status. My guess is that someone in your legal department misinterpreted the EU regulations.
Anyway, Grupeer is perfectly free to exclude who it wants. I just wanted to understand the rationale for this position.
- In regard to our Loan Originators, this month we have finished our relationship with Kviku- Loan originator from Russia. More detailed information can be found here; - For additional statistics and quick updates, please follow us on our social media accounts:
Do you convert £ to euros before sending cash or just send £ and let them convert it?
Users must be residents of an EEA state. Do you know what will happen to UK users if the UK leaves the EU without a deal which covers this point?
Have you any tips to offer a new lender from your experience so far?
All my posts are my personal opinion and are not advice. History suggests that, if anything, it would be more profitable to do the opposite of whatever I do, but whatever you do will not be any responsibility of mine.
Hello, yes, we do have a BuyBack guarantee and a provision fund on all deals listed on our platform. Grupeer works a different business model than other platforms listing personal loans for investment. When we make a partnership with micro financial organization offering PDL, we give a loan to the loan originator and we do NOT list an individual small loans to individuals. Personal loans tend to have a high default rate (we even list a default rate in the interview with our loan originators), but this default is not passed on to our clients. We will face a default if something will happen to our loan originator.
The next 30 days are the best time to start investing with Grupeer. That is because they created additional incentives investors to earn even more.
From the 17th of October to the 17th of November 2019, Grupeer offers a 1% Cashback to all new investors! Newly registered investors will receive the cashback on all investments exceeding Eur 100. The cashback will be paid on the total amount, by 22nd of November and excludes the loan deals already subject to other cashback.
Also, keep in mind that currently, they are in the middle of their Auto-invest lottery, which might interest you. The conditions are: invest minimum Eur 1000 through Auto-invest and get a chance to win Eur 100. The lottery ends on the 31st of October 2019.
The registration link to get your cashback can be found on my Blog
Last Edit: Oct 17, 2019 16:56:16 GMT by Ton ⓉⓞⓃ: Mod added the word "blog" and removed link
I write about my experience investing in Peer-to-Peer Lending platforms here: p2pincome.eu/ Disclaimer: my site contains referral links