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Post by buttchopf23 on Jun 14, 2017 21:02:51 GMT
New Plattform from Ireland (fca authorized) where sme loans can be funded or retail borrowers can ask for a loan. Most loans remain private and you have to be invited to invest on them. At leaset the say so  I cannot check that. - Interest Rates are up to 10 percent, somewhat comparable to linked finance. - Investing at the moment only possible through credit or debit cards - Installements will be paid directly to your chosen bank account - Minimal investment eur 50 - 10% cashback for sign ups (link on my blog) during july which invest more then eur 1k within 60 days after sign up I have invested some weeks ago and the loan is funded, but not yet forwarded to the borrower. I hope their credit scoring system is as good as linked finance's. I have interviewed their CEO Kris Koik (after I joined their funding round on seedrs with the minimum investment, please note, my blog contains some referral links). Has anybody received a installement so far? |
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Post by buttchopf23 on Jul 13, 2017 21:02:49 GMT
cashback offer extended to end july. you can see only some loans on the marketplace, if you need more to diversify write to their support after registration, they will provide links to further loans.
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Flender
Jul 20, 2017 13:23:46 GMT
via mobile
Post by buttchopf23 on Jul 20, 2017 13:23:46 GMT
There are 7 new opportunities on flender, one with 12month duration. Good if you want to get cashback, without investing for a long period.
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Flender
Aug 12, 2017 7:29:48 GMT
via mobile
Post by buttchopf23 on Aug 12, 2017 7:29:48 GMT
Cashback offer still valid through August, but minimun is 2.5k to get 10% cb
My first project paid the first installement. Btw, they offer sepa since some weeks
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Post by kilozulu on Aug 12, 2017 13:20:22 GMT
Cashback offer still valid through August, but minimun is 2.5k to get 10% cb My first project paid the first installement. Btw, they offer sepa since some weeks With 10% cashback they are more desparate for new money than Bondora, which give 5%. Wonder how sustainable the business model is.
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Flender
Aug 14, 2017 6:07:51 GMT
via mobile
Post by buttchopf23 on Aug 14, 2017 6:07:51 GMT
kilozulu sure, came to my mind as well. But given the circumstances that they just started I see it differently. I guess they had two ways to go: 1) Spend a lot of money for advertising and not knowing if it will have the desired effects. Or 2) Don't make any money on the first loans (or to be clearer: lose money for sure). But you know for every eur spent you get 10 invested. Loans get funded, borrowers are happy, spreading the word etc. What is worse for such a platform then not being able to fund loans (besides defaults)? Borrowers and investors would part ways. To me it is just a strategic decision from flender, comes down to how you want to play it out as a company. This is just guessing from my side. It clearly can be much different and in the end investing with start ups bear high risks, but in this case you get 10% premium.
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Post by Kris on Sept 2, 2017 10:37:27 GMT
Cashback offer still valid through August, but minimun is 2.5k to get 10% cb My first project paid the first installement. Btw, they offer sepa since some weeks With 10% cashback they are more desparate for new money than Bondora, which give 5%. Wonder how sustainable the business model is. Hi Kilozulu, Sorry for picking up on this only now. Our margins are indeed healthy enough to be able to afford 10% cash back. It is all about repeat business and so far most investors who participated in the cash back have reinvested their earning for compound interest. Currently it makes more sense for us to offer 10% to qualified investors through our affiliate partners rather than spend large amounts on less targeted digital marketing and advertising. Kind regards, Kris
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Post by buttchopf23 on Sept 22, 2017 12:41:47 GMT
Another promo until sunday, available to all as I understand
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shimself
Member of DD Central
Posts: 2,556 
Likes: 1,167
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Post by shimself on Jan 11, 2018 13:08:38 GMT
Flender is the least transparent outfit I've ever come across.
You want to know about the companies history and accounts - no worries there mate because we've checked it and we're telling you it's ok. End
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Post by Kris on Mar 26, 2018 11:53:09 GMT
Hi shimself,
Can you clarify what aspects are you not happy with in regards to transparency?
Borrowers financial snapshot is available on Flender similarly to other platforms such as Linkedfinance, realtime results on loan book are shown on our home page, loan book is reviewed by 3rd party analysts in 4thway.
Kind regards,
Kris
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Post by lotus_eater on Apr 29, 2019 10:43:33 GMT
Anyone have any current input on Flender please?
Considering trying a few k euros with them and wondering how they are.
Thanks in advance.
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Post by wiseclerk on Apr 29, 2019 15:25:55 GMT
Hi Mark,
lots of recent discussion/experiences here (use autotranslate of Chrome)
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p2pincome
P2P Blogger
https://p2pincome.eu/
Posts: 27
Likes: 6
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Post by p2pincome on Apr 30, 2019 19:02:17 GMT
Anyone have any current input on Flender please? Considering trying a few k euros with them and wondering how they are. Thanks in advance. They do have interesting projects and good information about them but they don't publish the overall performance of their loan book to their retail investors. This is something that I don't like but as far as I have researched the performance is good. I don't understand why they choose to do that. They have a great sign up campaign that you can get 5% of each deposit you make during the first 30 days. You can use my sign up link found here so you can get that 5%.
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Post by lotus_eater on May 1, 2019 10:19:45 GMT
Thanks guys, that's interesting info.
Do either of you actually invest with them now?
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p2pincome
P2P Blogger
https://p2pincome.eu/
Posts: 27
Likes: 6
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Post by p2pincome on May 1, 2019 14:33:36 GMT
I don't because of the reason I gave earlier (not disclosing the performance of their loan book). I will stick with Envestio and Crowdestor or Kuetzal for now. They all have excellent loan performance and they have no problem (why would they) answer questions about their loan book. |
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I cannot check that. 
