Monestro Analysis

Monestro @ Savings4Freedom

Monestro Account Update

Investment Start Date: February 2019

Total Deposits: 50,00€ (May 2019)

Asset Value: 53,00€ (June 2019)

Monestro Platform Analysis

Last Update (03.06.2019)

Monestro is quite an interesting P2P lending platform. I started my investments at Monestro in February 2019. I must confess that in the beginning, I spent some time to understand the platform and how to invest. 

Monestro investments are not secured or insured. The platform presents a historical interest rate higher than 20% that is among the best in European P2P lending platforms with the possibility to invest in personal loans.

Creating a Monestro investor account is not so complex, but they still can improve a lot the user experience to invest. The investment options available are diversified and offer high returns. But in my opinion, Monestro requires significant work and should only be considered as a P2P lending platform for experienced investors. Since this platform doesn’t offer a buyback guarantee, it is not the best option for new investors to start with. 

Analysis TopicPersonal Take
13 - Type of Loans

Type of Loans Available

Consumer
Interest Rate @ Savings4Freedom
Average Interest Rate
~20%

Buyback guarantee @ Savings4Freedom
Buyback / Secured Loans
No
Early Exit @ Savings4Freedom
3 - LiquidityEarly Exit / Secondary Market
Yes (secondary market)
4 - AutoInvest

Auto Invest Feature

Yes
12 - Control Over

Control over Loans Invested

Yes
5 - Money Drag

Money Drag

High
11 - Hiden Fees

Hiden Fees

Yes. Withdraw
6 - Time

Loan Duration

6 months to multiple years
7 - Reporting

Reporting Tool

High Quality
8 - User Experience

User Experience

Low Quality
9 - Rewards

Sign-up Bonus

You can sign up and invest in Monestro through my referral link
10 - Evaluation

Overall Evaluation

4/10


My Monestro Account

Monestro Account @ Savings4Freedom

Monestro Income Graph

Monestro Income @ Savings4Freedom

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.

Investe @ Savings4Freedom

This site uses Akismet to reduce spam. Learn how your comment data is processed.