Rendity Review

What is Rendity?

Rendity is a P2P platform from Vienna in Austria, founded in 2015.

The platform exclusively offers P2P loans that real estate developers use to finance their projects.

Since its inception, the platform has funded more than €100 million worth of loans, making it one of the smaller P2P platforms in Europe.

How does Rendity make money?

The platform makes its money mainly from commissions it charges real estate developers.

Otherwise, it has no revenue streams, as the use of the platform is free for investors*.

Who owns Rendity?

The exact ownership structure is not known.

But we assume that the founders Lukas Müller, Paul Brezina and Tobias Leodolter hold a large majority of the company.

In addition, the venture capital fund aws Gründerfonds seems to hold shares.

How secure (reputable) is Rendity? Is Rendity legal?

Unfortunately, Rendity is not officially regulated by a financial market authority, which would otherwise make it much easier to assess its security.

For this, the platform has successfully financed loans in a sufficiently large volume, which speaks for a safe and legal business model.

And although Rendity is not regulated by any financial market authority, it is at least registered as a commercial investment advisor with the Austrian Chamber of Industry and Commerce.

For the above reasons, we have no doubt about the safety of Rendity.

How does Rendity work?

If you want to invest on Rendity, you first need to register online and then deposit money via a bank transfer.

When you make your first deposit via a standard bank transfer, you also confirm the bank account to which withdrawals can be made.

However, you have to keep in mind that when investing manually, you need to invest at least €500, while when investing automatically, you are only required to deposit €100 per loan.

On Rendity there is only a primary market (initial issuance of loans) and unfortunately there is no secondary market (loans from other investors) offered.

How can I invest on Rendity?

You can choose every single loan you want to invest in on the platform.

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

But with manual investing you have to consider a comparatively high minimum investment amount of 500 €, as mentioned at the beginning.

With Auto Invest you only have to invest 100 € per loan.

With the automatic savings plan function you can determine within minutes in which loans you want to invest.

You can choose from three preset strategies that differ in return and risk:

• Balanced,

• Growth oriented and

• Conservative.

Also, you can create your own strategy, where we think the most important settings are the following:

• Investment Per Credit,

• Interest rate,

• loan term and

• Rating.

All in all, Rendity\'s Auto Invest makes a good impression and is easy to use.

With just a few clicks, everything is taken care of.

But certainly the most important reason to use Auto Invest is the low minimum investment amount of €100 per loan.

Which warning signals should be observed with Rendity?

At the moment, we have not noticed any warning signals with Rendity.