Bonus Programs on Peer-to-Peer Lending Platforms
When you invest on peer-to-peer lending platforms, you're likely to face various types of fees, including processing fees, transfer costs, currency-conversion fees, and more. P2P sites understand these fees can be a turn-off, and they often try to offset them with bonuses, such as sign-up bonuses, deposit bonuses, and loyalty benefits. To help you make the most of your money, P2PIncome's financial experts have put together a list of 8 sites with attractive bonus programs. Keep in mind that the largest bonuses go to high-end investors, but we've made sure to include some sites that look out for the little guy.
PeerBerry
PeerBerry is a loan originator aggregator founded in Lithuania in 2017. To invest on PeerBerry, there is a 10-euro deposit requirement and yearly returns range from 9% to 12%. PeerBerry focuses mainly on consumer loans but their marketplace is expansive and offers a wide arrangement of loans. PeerBerry also issues a great deal of loans in Eastern Europe countries like Moldova and Kazakhstan, which are considered to be high risk.
PeerBerry's investor protection consists of a dual buyback guarantee system and every loan on their platform is backed by at least some form of collateral. You can find out more about how buyback guarantees work in our guide on platforms with buyback guarantees. PeerBeery's Invite a Friend bonus offers users anywhere from 10 euro to 1000 euro, depending on the friend's initial deposit. PeerBerry also has a well-developed loyalty program which is split into three ranks: Silver, Gold, and Platinum. Investors automatically qualify for a level once they've maintained the the requisite portfolio balance for a period of 3 months.
To qualify for Silver, you must maintain an "active balance" (meaning, your cash balance and investments, not including any gains earned) of at least 10,000 euro, for 3 months. Thereafter, you will receive an additional 0.5% return on all new investments. To qualify for Gold status, the amount is 25,000 euro, and the bonus increases to 0.75%. For Platinum the amount climbs to 40,000 euro. and the bonuses increases to 1%. Considering that the majority of platforms do not offer long-term bonuses, the PeerBerry loyalty program is very attractive.
Reinvest24
Reinvest24 is a new approach to investing in real estate that reduces the risk, and promises income. In Reinvest24, investors temporarily purchase real estate equity and receive part of the rental as a return until the loan is repaid. Investing on Reinvest24 has a minimum requirement of 100 euro and yearly returns are roughly 14% to 15%. Reinvest24 has both a primary and secondary market with many high yielding projects.
Reinvest24's approach to crowdfunding and real estate investing is the first of it's kind, but will certainly not be the last. Microfinancing real estate and holding partial equity for rent payments is exactly the type of innovation that alternative finance has been yearning for. Reinvest24 is still a very small scale project, though we anticipate a positive future for Reinvest24.
Reinvest24 has a 10-euro bonus for all new investors. Investors can expect to pay 1 euro for each transaction made on Reinvest24's primary and secondary market. There is neither a provision fund nor a buyback guarantee because all projects are first or second-rank mortgages, which means they are very low risk.
Iuvo Group
Iuvo Group, a subsidiary of Management Financial Group (MFG), is an award-winning peer-to-peer platform regulated by the Estonian Financial Supervision and Resolution Authority. The site lists consumer loans ranging from 100 euro to 2500 euro, with terms of up to 60 months. The site also offers a high-yield savings program with average yields of 4% per annum.
Iuvo rewards its top investors with a list of benefits, including faster processing times, dedicated service lines, and increased referral bonuses. There are two programs, Gold and Silver, each with its own set of benefits. To join the silver program, users must maintain a portfolio balance of 10,000 euro for a period of 3 months. The account is the automatically upgraded to Silver, where the users enjoy a 1.5% bonus on future investments, and pay only 0.5% for transactions on the secondary market.
Gold members must maintain a portfolio of 25,000 euro, but they get special treatment. There is a dedicated customer-service line, ultra-fast processing, and advanced notice on new listings. Their auto-invest tool is activated prior to others', meaning they are more likely to grab up the best investment opportunities. Iuvo Group Gold members pay zero fees for transactions on the secondary market, and enjoy a 3% bonus from the Refer-a-Friend program.
RoboCash
Unlike most p2p platforms, which offer manual and automated investment options, RoboCash is a fully-automated platform. To invest, users simply deposit the amount they wish to commit—the minimum being 10 euro—set the investment tool to suit their strategy, and leave the rest to the algorithm. Investors can expect returns of around 12% on average, and RoboCash enjoys a stellar recovery rate, so your funds are safe.
The first bonus you'll enjoy on Robocash is the 10-euro sign-up bonus, which you receive the moment you deposit funds. Thereafter, you can receive bonuses via the platform's loyalty program, which has 5 levels: Bronze, Silver, Gold, Diamond, and Platinum. This strange order notwithstanding, the program itself is quite attractive. Users automatically qualify by investing the necessary amounts. To enter the Bronze category you must invest 5000 euro, while the Silver requires 10,000 euro. The Gold requires 15,000 euro, while the Diamond requires 25,000. Why they placed diamond between Gold and Platinum is a mystery to us, but since they're not in the precious-metals market we'll let that slide.
Regardless, to qualify for the Platinum market one must have 50,000 euro in their account. Each level increases the amount of return one enjoys on investments: Bronze members received an additional 0.3%, Silver receive 0.5%, Gold receive 0.7%, Diamond receive 1%, and Platinum receive 1.3%. The bonus applies immediately after the account reaches the required amount, unlike those sites that require you keep the balance for an extended period of time. Lastly, Robocash offers a friend-referral program where you can earn 1.5%, up to 450 euro.
Debitum Network
Debitum is Latvian p2p platform the gives investors access to small-business loans. The site boasts returns of approximately 9% per annum, with loan terms averaging 180 days. Debitum has an excellent track record, having funding well over 50-million euro in projects with 0% defaults and only 1.5% buybacks. The platform's Investor Protection System and Due Diligence process keep investor capital secure, while their Buyback guarantee prevents users from losing their hard-earned money. Lastly, Debitum offers a few types of bonuses, including a small bonus just for signing up.
When you first sign up for an account on Debitum, you'll have to be ready to commit 500 euro, dollars, or pound, depending on your currency of choice. That's not a small amount, so Debitum seeks to incentivize the deposit by offering a one-time bonus of up to 20 euro to new investors. In addition, users can earn bonuses for referrals via the Invite Friends program. If a friend you've referred deposits and invests over 1000 euro, both you and the friend will receive a 25-euro bonus.
Swaper
Swaper is an investment solution for investors who are looking for a very hands off approach. Swaper provides an auto-investing service that will provide investors with a fixed 14 percent yearly return. Investing on Swaper begins at 10 euro and is accessible to investors around Europe and EEA zones.
Swaper is an auto-investing solution for investors who are less interested in reading what they are investing into. Swaper guarantees investors that they can optimize their auto-investing tool or manually invest, but either way, they will make 14%.
Swaper is owned by loan originator Wandoo Finance(WF). The loan originator is solely responsible for all of the loan contracts that are issued on Swaper. These loan contracts consist of borrowers who are seeking 50 to 1000 euro for personal or consumer reasons. These loans are all due within 30 days of purchase. All loans are in fact backed by a buyback guarantee, however, there is no collateral listed for any of the loan contracts. Swaper has a very active secondary market which has a 1% fee per transaction, otherwise, Swaper has absolutely no fees on its platform. Investors who deposit more than 5000 euro are given an addition 2% bonuses on their yearly return, meaning investors receive 16% in yearly earnings.
October
October is a peer-to-peer lending service focusing solely on European business. October is partnered up with the EU as their objectives are in alignment. October wishes to make Europe a better place to do business. They feel that their service simply provides an extension to society that allows business owners another way to get their hands on capital.
October has funded hundreds of millions of euro into small European businesses since 2014. The returns are humble in comparison to the rest of the market. That being said, October has a 100% success rate in fund recoveries and have remained a safe, profitable place to invest.
The minimum investment on October is 20 euro, and the yearly return ranges from 3% to 7%. October is also the loan originator, so borrowers may also go to their platform if they are in need of money to start or maintain their business. While all the projects come from borrowers in Europe, investors may come from all over the world to invest in October. All investors on October are given a 20-euro bonus to start investing with. Investors are not charged fees on October's marketplace.
Fees and Bonuses
Fees are an unavoidable reality in the world of finance. Investors starting out are advised to peruse the market in search of sites that offer signup bonuses and other incentives that offset the many fees one will face. Choosing the right platform is mostly a question of capital and risk-tolerance. Obviously, if you're flush with capital you should seek out one of the top-tier loyalty programs, such as the PeerBerry Platinum or the Iuvo Gold. If you're working with a small bankroll, however, and you just want to dip your toes in the peer-to-peer lending pool, consider teaming up with a friend or two and benefiting from the referral programs offered by Iuvo and Debitum.
| Platform | Min. Deposit (€) | Sign-Up Bonus | Refer a Friend | Loyalty Programs |
| PeerBerry | 10 | 0.5% | Up to € 1000 | Silver, Gold, Platinum |
| Reinvest24 | 100 | 1% | N/A | N/A |
| Iuvo | N/A | N/A | 2% | Silver, Gold |
| Robocash | 10 | € 5 | 1.5% - up to € 450 | Bronze, Silver, Gold, Diamond, Platinum |
| Debitum | 500 | € 20 | € 25 | N/A |
| Swaper | 10 | N/A | N/A | N/A |
| October | 20 | € 20 | N/A | N/A |
Market Type
Consumer Loans
Average Returns
9 - 12%
Minimum Investment
EUR 10
Signup Bonus
0.5%
Registered users
70,000
Total funds invested
EUR 1.8 Billion
Default rate
7%
Regulating entity
Self-Regulated/EU Compliant
Buyback guarantee
Secondary market
Payment methods
Bank Transfer, Bank Card, TransferWise
Withdrawal methods
Bank Transfer, Bank Card, TransferWise
PeerBerry is an excellent P2P platform to its 100 percent successful fund recovery track record. They offer slightly below market interest rates in exchange for a guarantee users will never lose their funds.
Market Type
Mortgage Loans
Average Returns
12 - 17%
Minimum Investment
EUR 100
Signup Bonus
EUR 10
Registered users
25,000
Total funds invested
EUR 40 Million
Default rate
0%
Regulating entity
Self-Regulated/EU Compliant
Buyback guarantee
Secondary market
Payment methods
Bank Transfer, Bank Card, TransferWise
Withdrawal methods
Bank Transfer, Bank Card, TransferWise
Reinvest24 is an equity backed real estate rental P2P lender. Though they are a much smaller P2P lending platform in comparison to the top P2P lenders. They deserve a high place on the list because of their attention to detail and successful execution of business goals.
Market Type
Consumer Loans
Average Returns
8 - 10%
Minimum Investment
EUR 10
Signup Bonus
None
Registered users
36,000
Total funds invested
EUR 370 Million
Default rate
8%
Regulating entity
Estonian Financial Supervision Authority
Buyback guarantee
Secondary market
Payment methods
Bank Transfer, Trustly, Paysera, Revolut, TransferWise, ePay
Withdrawal methods
Bank Transfer
Iuvo is an award-winning P2P and personal-savings platform based in the Republic of Estonia and regulated by the Estonian Financial Supervision and Resolution Authority. The platform is well-funded, and works with several loan originators to market personal loans ranging from 1000 to 2500 EUR.
Market Type
Consumer Loans
Average Returns
12 - 13%
Minimum Investment
EUR 10
Signup Bonus
EUR 5
Registered users
30,000
Total funds invested
EUR 554 Million
Default rate
2%
Regulating entity
Self-Regulated/EU Compliant
Buyback guarantee
Secondary market
Payment methods
Bank Transfer
Withdrawal methods
Bank Transfer
Read about Robocash a Peer-to-Peer lending platform that is completed automated. Robocash offers a 12% IRR and loan requests from borrowers around the world. Robocash is a great platform for a passive investor.
Market Type
Business Loans
Average Returns
8 - 9%
Minimum Investment
EUR 500
Signup Bonus
EUR 20
Registered users
10,000
Total funds invested
EUR 80 Million
Default rate
0%
Regulating entity
Financial & Capital Market Comission (Latvia)
Buyback guarantee
Secondary market
Payment methods
Bank Transfer
Withdrawal methods
Bank Transfer
Debitum Network is an innovative fintech platform that wishes to bridge fiat and crypto into one platform. Debitum Network is a loan originator aggregator with an 8 percent average for investors. Read our analysis on Debitums strengths and weaknesses as a peer-to-peer lending platform.
Market Type
Consumer Loans
Average Returns
14 - 16%
Minimum Investment
EUR 10
Signup Bonus
None
Registered users
6000
Total funds invested
EUR 400 Million
Default rate
Undisclosed
Regulating entity
Self-Regulated/EU Compliant
Buyback guarantee
Secondary market
Payment methods
Bank Transfer
Withdrawal methods
Bank Transfer
Swaper only offers auto investing in unsecured consumer loans in Poland and Spain. Swaper is a subsidiary of Wandoo Finance Group, a loan originator that also services the loans on Swaper's platform. Swaper advertises a 14% IRR and premium investors who have invested over 5000 EUR receive an IRR of 16%.
Market Type
Business Loans
Average Returns
3 - 7%
Minimum Investment
EUR 20
Signup Bonus
EUR 20
Registered users
43,000
Total funds invested
EUR 1 Billion
Default rate
3%
Regulating entity
Self-Regulated/EU Compliant
Buyback guarantee
Secondary market
Payment methods
Bank Card, Bank Transfer, TransferWise
Withdrawal methods
Bank Card, Bank Transfer, TransferWise
October specializes in small risk business loans specifically to SME's in Europe. October has a great track record of fund recoveries, a solid mission and a very strong foundation. October's business and risk strategy is worth the time to read.
Verdict
Peer-to-peer lending platforms aim to attract user with incentives of various sorts, including loyalty programs, referral programs, and bonuses. Which site you choose will have a lot to do with your capital, your risk tolerance, and your financial goals. All of the sites listed above deserve serious consideration, but PeerBerry looms large. They offer huge bonuses for friend referrals, so if you have peers with deep pockets, that's reason enough to use PeerBerry. Furthermore, their minimum deposit welcomes investors of all levels, and as you grow you can enter their loyalty programs. If you must choose just one site from this list, P2PIncome's financial experts recommend PeerBerry.