We consider Viainvest's statistical data unreliable. The platform lacks transparency, as it does not disclose critical performance data, which increases the risk for potential investors.
Viainvest is a regulated P2P platform from Latvia where investors can benefit from a variety of international short-term consumer loans, while earning a return of up to 13%.
As you can see, it’s an “apples and oranges” comparison. However, based on my own Viainvest review, you can still use the platform as a complementary option.
PeerBerry offers a powerful auto-invest feature that completely automates your investments across the platform.
Your investments will now be completely automated. The platform will automatically invest your funds according to your strategy.
As one of the few Latvian platforms, the transition process to a regulated business unit has also uncovered some problems and weaknesses at Viainvest:
In the recent past, P2P platforms have had to overcome several crisis situations. These included the coronavirus pandemic and the war in Ukraine. How did Viainvest deal with these situations?
As for all Peer-to-Peer lending platforms I add to my portfolio, I also check the company itself and see what they are doing in terms of security bondora & safety of the investors funds.
I also always have do a close examination of the loan originators a platform uses, as this is usually where a platform will encounter problems if anything bad happens like a financial crisis.
Most investors use automated investing, which means that new loans are often funded quickly. If you choose to invest manually, you can typically only select from remaining loans, often with lower interest rates.
It’s also important to understand that the IT department is responsible not only for platform development but also for developing all IT solutions within the group, such as the websites of loan originators.
Due to the strong backing from the parent company, the bankruptcy of the P2P platform itself is unlikely. However, if the parent company were to go bankrupt, it would lead to a lengthy and years-long legal process.
Discover expert P2P lending insights and guidance at SmartLendingHub. We offer the latest in investment trends, strategies, and advice to empower your financial decisions in the P2P lending arena.
Not a good experience ! The overall process with pay is not great and not in the same bracket category with TREATY.