5 Min. Read

PeerBerry Review: Is it good? Don't invest before you read this! (2/2023)



Business Centre SKY OFFICE, 20th floor of the Tower B, Roberta Frangeša Mihanovića 9 Zagreb

Test result

3.16 of 5

Invest on PeerBerry*


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Interest & Risks

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  • Experienced platform

  • Invest free of charge

  • Automatic investment function

  • Buyback guarantee

  • App


  • Unregulated

  • Comparatively low Ø interest rates

  • Currently 1 warning signal

  • No secondary market

How good is PeerBerry?

If that's what you want to know, then keep reading.

We took a close look at the platform and tell you whether it's worth it.

In this test, we show you:

What is PeerBerry?

Infographic: how does PeerBerry work

PeerBerry is a P2P platform from Zagreb in Croatia that was founded in 2017.

It was originally based in Latvia before moving to Croatia in 2021.

It brokers P2P loans between investors* and loan brokers (loan originators), who have no economic connection with the platform.

Since the platform itself does not grant loans, but only offers the intermediaries, it is a P2P marketplace.

Since its inception, the platform has financed loans worth more than €1 billion, making it one of the largest P2P platforms in Europe.

Aventus Group

Most of the loan brokers on PeerBerry belong to the Aventus Group.

This is no coincidence, as Aventus Group is the former owner of the platform.

How does PeerBerry work?

In order to invest on PeerBerry, you must first register as an investor and deposit money into your account via a bank transfer.

In addition, with your first bank deposit, you also confirm the bank account to which you can withdraw money in the future.

When investing you only have to consider a minimum investment amount of 10 €. It is up to you whether you want to invest manually or automatically via Auto Invest.

On PeerBerry you can only invest on the primary market (initial issuance of loans), because unfortunately there is no secondary market (loans from other investors) offered.


In the following we would like to present the most important features of the platform.


PeerBerry is not regulated by any financial market regulator.

Originally, the platform aimed for regulation in 2021 in Latvia, but these efforts ultimately led to no result and then to a move to Croatia.

We could observe a similar development with Robocash.

To what extent PeerBerry actually intends to be regulated at some point is, in our opinion, impossible to predict at this stage.


On average, loans on PeerBerry offer an interest rate of about 11% and loans are offered with a minimum interest rate of 9% to 13.5%.

In comparison, the average interest rates are slightly lower than the average, and several platforms offer higher interest rates at once.

These include viainvest with 13% and Mintos with 12%.

On PeerBerry, 29 credit brokers currently offer loans, more than half of which belong to the Aventus Group, which, as mentioned at the beginning, is the former owner of the platform.

The following types of loans are offered for you to invest in:

  • Payday Loans (mini loans),

  • Consumer Loans,

  • real estate loans,

  • business loans and

  • leasing.

Payday loans account for the largest share of the offer with a share of almost 75%, followed by consumer loans and leasing loans.

P2P loans come from 9 countries, mainly from:

  • Poland,

  • Kazakhstan,

  • Ukraine,

  • Russia (expiring) and

  • Lithuania.

Maturities range from 1 month to 60 months.

Manual investing

If it's worth the effort, PeerBerry lets you choose each loan you want to invest in individually.

This makes sense, among other things, if you are just starting to invest and don't want to wait for Auto Invest to invest for you.

In all other cases it would make more sense to invest automatically, because otherwise you would have to select hundreds of loans again regularly.

Auto Invest

With the Auto Invest function you can define in which loans you want to invest automatically.

The following settings are possible:

  • Loan broker (which loans),

  • interest rate,

  • term and

  • Investment per loan.

The Auto Invest is kept very slim and largely self-explanatory.

Within a few minutes you can set it up according to your needs.

Buyback Guarantee

Most loans on PeerBerry are offered with a Buyback Guarantee.

If a loan with Buyback Guarantee is delayed for more than 60 days, it will be bought back and investors will be compensated for their original investment and lost interest.

Group Guarantee

The loans offered by Aventus Group and Gofingo Group are issued with a Group Guarantee in addition to the Buyback.

How the Group Guarantee works

Aventus Group and Gofingo Group have entered into guarantee agreements with their credit intermediaries.

In the event of a loan intermediary\'s insolvency, the Group would step in to meet the liabilities.

Secondary market (secondary market)

There is no secondary market offered on PeerBerry.

In our opinion, this is unproblematic as long as you invest in loans with short maturities.

As mentioned, these make up about 3/4 of the loans on the platform and due to their short terms, your money is not tied up for long.

With longer terms, on the other hand, you have to be okay with your money being unavailable for a longer period of time.

This is the case, for example, with real estate and business loans, which tend to run for 1.5 to 2 years.

Tax Report

tax statement on PeerBerry

On PeerBerry you have the possibility to create a tax report.

To do this, first select the reporting period and then you can download the report.


PeerBerry App

There is a native app for iOS and Android.

Compared to the website, the app does not offer you any additional features, except for the push notifications.

However, a look at the reviews in the Apple and Google Store shows that the app offers a good to very good user experience.

How much does investing on PeerBerry cost?

For investors*, using the platform is completely free.

No fees are charged for deposits, withdrawals or other transactions.

Warning signals (red flags)

Currently, we would see the following warning signals on PeerBerry.

#1 Loans from Russia and Ukraine

Compared to other P2P platforms, the Ukraine war had particularly strong consequences for PeerBerry.

For example, at the start of the war, the platform had to announce that loans from Ukraine and Russia worth about €50 million were affected.

While the situation for loans from Ukraine has gradually improved, it remains difficult for loans from Russia because of the numerous situations.

But, in our opinion, the platform has reacted in an exemplary manner.

It has quickly informed its investors about its actions and on the statistics page you can see the progress the platform is making in repaying the loans.

However, since there is still a very large amount of loans in the process of being repaid and we cannot estimate whether this will not have a negative impact on the platform in the future, the warning signal will remain in place until further notice.

Frequently asked questions

Below we address some questions that are often asked about PeerBerry.

PeerBerry is not supervised by any official financial market regulator, which usually dispels any doubts about its safety.

Nevertheless, we would rate the platform as safe.

After all, a financed loan volume of €1 billion already speaks for PeerBerry being a secure platform that pursues a legal business model.

And last but not least, the close ties with the Aventus Group are another good argument that the platform is safe.

How does PeerBerry make money?

PeerBerry makes its money as a platform through the commissions charged by loan brokers.

Otherwise, the platform has no other revenue streams as it does not charge investors* any fees.

Who owns PeerBerry?

The platform is owned 50% by Andrejus Trofimovas, 25% by Vytautas Olšauskas and 25% by Ivan Butov.

Moreover, Andrejus Trofimovas is the CEO of Aventus Group.

Expert conclusion

PeerBerry convinces as a secure P2P platform with a financed loan volume of more than € 1 billion. In addition, the proximity to the well-known Aventus Group also speaks for its security, but this was not included in our evaluation.

After a registration, which takes only a few minutes, it is possible to invest automatically with Auto Invest after an initial deposit. The use of the platform is free of charge for investors.

But PeerBerry also has some weaknesses.

In comparison, the platform only offers below-average interest rates. It also lacks a secondary market where investors can exit their loans at an early stage.

And even though the platform is undoubtedly safe, it should seek regulation like the other major platforms after a certain point.

Overall, we think the platform is worth recommending.

However, as there is still a large amount of loans from Ukraine and Russia in the process of being recovered and we cannot estimate the consequences of this, we would currently still advise caution.

Invest now on PeerBerry

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Last updated on 05 October 2022