Want to know if Viainvest is the right P2P platform for your investment? Perfect! I’ve been successfully investing with Viainvest since the beginning of 2017 and the Latvian platform is now one of my absolute favorites.
After setting up an account with your email and a chosen password, you must provide your name, date of birth, address, and phone number. You are then prompted to activate two-factor authentication via an app on your phone, though this can be skipped during registration.
Twino has very strong overlaps with Viainvest. Firstly due to their history: both the parent companies of the two platforms and the establishment of the P2P platform itself took place within a year of each other.
No, definitely not. Viainvest is not a bank and therefore does not fall under any European deposit insurance. All funds you invest on the platform are exposed to a high risk of default.
Some events during the transition period of becoming a regulated P2P platform have shown that Viainvest can also experience disruptions.
As one of the few Latvian platforms, the transition process to a regulated business unit has also uncovered some problems and weaknesses at Viainvest:
When paying taxes in your country of residence, the withheld taxes can usually be deducted from the overall balance. This means that the effective taxation rate will be the same as it viainvest has been before when investing into claim rights.
Also Viainvest is offering the frequently used buyback guarantee. As soon as a borrower fails to make a payment on time, the lender is obliged to buy back the loan after 60 days of delayed repayments.
The top five countries for loan issuance are Kazakhstan, Moldova, Lithuania, Romania, and the Philippines. The interest rates depend on the type of loan but typically range between 9 to 11 percent.
Each business day, approximately 1 million EUR in loans and projects are listed for investment. We understand that high demand has led to limited loan availability.
An in-depth review of Viainvest P2P lending platform with personal results after 2+ years of investing
Nectaro only launched in 2023, but the Latvian P2P platform shares many similarities with Viainvest. These include its incorporation in Latvia, licensing as an investment brokerage firm, a focus on buyback-guaranteed consumer loans, and support from a large and well-diversified parent company in the background.
Only if repayment problems arise at this stage, potential losses might happen to investors. This is why it is so crucial to take a close look at the financial situation of the guarantee issuer when analysing the risk.
You can also invest on PeerBerry for just 10 Euros in each loan, meaning it's really easy to quickly have a diversified portfolio on the platform.