iban Wallet @ Savings4Freedom

IBAN WALL: First Impressions & Review

iBAN Logo @ Savings4Freedom

iban Wallet is a fintech startup that follows an asset-backed loan investment model similar to Robocash: black box loan investing. This means that you don’t know the loans that are receiving your investment, you are only able to select the investment tier and duration.

You can invest and earn your interest daily from 2.5% up to 6% per year, being able to deposit and withdraw money daily. The minimum deposit and investment amount required is €1.

Funded in July 2016 in the UK, the company received funding through multiple crowdfunding campaigns that financed the development of the iban Wallet App, launch in March 2019 and the business development to recruiting investors in Europe (mainly from the UK and Spain) and borrowers globally.

iban Accounts do not fall under any government-backed deposit protection schemes (such as the FSCS in the UK) and all investment done is at risk. iban Wallet is not a savings account.

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June 2019 @ Savings4Freedom

Savings4Freedom June 2019 Portfolio Update

And now is the time for a monthly update!

After the amazing P2P Conference in Riga last month, I revisited my entire investment strategy towards financial freedom. One of the most relevant lessons was to balance correctly the effort and investments made into P2P crowdlending platforms on my overall investment portfolio.

Below I will show how that will reflect for the future.

Savings4Freedom in Portuguese

I’m also very excited to publish the blog in Portuguese! I’m looking forward to your comments and suggestions on how the contents can be improved and how I can share better information in the future.

Understanding P2P Crowdlending

Based on messages from people asking questions about P2P Crowdlending, I decided to create a dedicated page that will be continuously improved based on the best available industry information. The initial information source for it was a White Paper published by Grupeer in the fall of 2018.

P2P Lending Platforms Comparison

I really need to thank all the feedback received over the last month regarding the P2P Lending Platforms comparison. I read all your messages and decided to simplify the way the information is shared. I hope that now it could be easier for you to check the best P2P platforms to invest. Let me know what you think!

N26, Revolut and Transferwise

In order to simplify my investment strategy, I decided to create dedicated accounts to manage my P2P investments. Now I follow the 3 buckets account approach:

  • One bank account for my daily expenses: Revolut;
  • One for my savings and emergency funds: National Traditional Bank;
  • And I just opened an N26 account to manage my P2P Investments.

This approach, combined with the use of Transferwise when I need to exchange currencies is simplifying my life and increasing my visibility over all transactions.

But, without any further due, let’s see the numbers!

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P2P Conference @ Savings4Freedom

Conference Report: Summary of the P2P Riga’19 Conference

On Friday the 7th of June, over 240 people among P2P platform representatives, P2P investors, and bloggers came together in Riga for the 1st edition of the European P2P Conference. This P2P Conference was certainly a memorable one! Taking place at the wonderfully unique RISEBA Architecture and Media Center H2O 6, this event brought together people from 24 nations representing the entire community to display just what makes P2P crowdlending so unique – its diversity, its cross-sectoral nature, and its collaborative spirit.

The event, hosting interesting keynote speakers, an array of informative presentations, and topped off with a fun evening and second-day entirely dedicated to networking opportunities.

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