Wisefund Quick Platform Review
Last Update (01.01.2020)
WARNING: HIGH RISK & SPECULATIVE INVESTMENT!
I added Wisefund to my portfolio in August 2019. My initial impressions are quite positive! It is a P2P platform that offers among the best interest rates in the business with a buyback guarantee.
Wisefund presents itself as a P2P lending platform within the successful model of other platforms such as Envestio, or Monethera. Good projects, descriptions, and financials to make an informed decision to invest.
In an environment where P2P platforms such as Mintos, Grupeer, FastInvest, and Viventor offer auto-invest options with interest lower than 13%, P2P platforms that offer all the decision power to select projects to invest, with higher interest rates in enterprise loans gain a growing relevance.
Wisefund offers among the best interest rates in the business with buyback guarantee. All repayments schedule is visible and you can plan your next investments having this information into consideration.
Since I was looking for alternatives to diversify my portfolio distribution, while increasing the average interest rate on my savings, Wisefund is a great addition to Savings4Freedom.
Wisefund Account Update
Investment Start Date: September 2019
Total Deposits: 3.406,29€ (Dec 2019)
Asset Value: 3.573,62€ (Dec 2019)
Creating a Wisefund investor account only took a few minutes. Registration is extremely simple and the platform is very easy to navigate. Since the number of investors is still growing there is no need to keep money drag. The projects are kept open for a significant period of time, but you receive interest since the moment you invest.
|Analysis Topic||Personal Take|
|Yes (above 5% fee)|
|Not available yet|
|Yes, you choose|
|No (5% fee for early exits)|
|3 months to 1 year|
|In case you employ my referral link to invest in Wisefund you earn 0.5% on all investments over the first 270 days in cashback.|
Wisefund: 3.5 Million euros in funded loans
In December 2019, Wisefund announced that they have successfully funded more than €3.5M in loans in their P2P Platform, after reaching 1 million euros in funded loans on October 2019. Rapid growth for such a recent P2P Platform.
Wisefund: Growing Number of Investors
Wisefund is growing the number of investors in the platform and following a quite parallel with the growing number of investors in Monethera. They currently surpassed the 1900 investors mark (December 2019).
My Wisefund Account
Wisefund Income Graph
Wisefund Asset Value Graph
Do you want to Invest?
Check among the P2P crowdlending opportunities available on Savings4Freedom, always taking into consideration that all information is entirely based on my personal experience.