Iuvo Group Review 2020 – P2P Lending Platform From Estonia

Iuvo Group Review 2019
Iuvo Group Review 2019

Review My Experience with Iuvo Group. Iuvo Group is a good way to diversify a P2P Portfolio. All loans have a buyback guarantee, and it is easy to diversify the portfolio by several loan originators, countries and types of loans. The platform does not have the best market interest rates, but it is possible to sell loans through the secondary market. They have an interesting Gold Club that probably you don’t know.

Iuvo Group Overview

Founded: 2016

Country: Estonia

Number of investors: 12 000+

Loans Funded: EUR 60 000 000+

Currency: EUR BGN RON PLN

Language: English, German, Estonian, Bulgarian

Iuvo Group Website Review

The website is easy to navigate, well organized and has all the basic information needed for the investor. This is the introduction of the main menu:

Iuvo Group Website Review
Iuvo Group Website Review

As I write about various themes, I will present more print screens of the website for you to get a detailed idea of how the website is.

Review Who Can Invest Through Iuvo Group?

Both individuals and companies can invest.

The individuals must be at least 18 years old, and they need to have a valid bank account within the European Union or third countries that are currently considered as having equivalent AML/CFT systems to the EU.
For the companies, it is required to have a valid bank account within the European Union or third countries that are currently considered as having equivalent AML/CFT systems to the EU.

Guide How to Open An Account at Iuvo Group

The minimum investment in any single loan on the primary market is EUR 10. There are no minimum investments in the secondary market.

To open an account, click this link and then follow these steps (all pictures have the number of each step respective):

  1. After you fill your data the link above you will receive an e-mail from Iuvo Group to become an investor.
  2. Click on the link that appears in the e-mail.
  3. The Iuvo page will open and then go to the option “get started now”.
  4. Select your account type “individual or company”, and “get started”.
  5. Enter your personal information, and “next”.
  6. Create your profile, read and accept the terms and conditions, and “Register”.
  7. Your registration is completed, and they will send a confirmation e-mail to validate your profile.
  8. Confirm your e-mail.
  9. You will receive a new e-mail from Iuvo with “your e-mail was successfully confirmed” and some useful information.

Now, you have your account open and you can invest!

Go to Iuvo site, hit “login”, enter your email and password:

Iuvo Group
Iuvo Group

Review How to Fund or Withdrawal My Iuvo Group Account?

It’s simple, fast, and free. It depends on the method used by the investor, but I have so far had no problem. Normally, whether it is a deposit or withdrawal, the money will be available in the destination account up to 2 business days, and at no additional cost.

Iuvo Group Deposits

(all pictures have the number of each step respective)

  1. Go to “Dashboard”, and click “Add Funds”.
  2. You can choose several payment methods. Select your payment method and click “Continue”. I am using Bank Transfer.
  3. Select currency. I am using EUR.
  4. If you select bank transfer, you will get the data bank from Iuvo Group. It is very important to fill the payment details with your account number.
  5. When your money arrives at your Iuvo account you will receive a deposit confirmation e-mail.
Iuvo Group Deposits Step 1
Iuvo Group Deposits Step 1
Iuvo Group Deposits Step 2
Iuvo Group Deposits Step 2
Iuvo Group Deposits Step 2 2
Iuvo Group Deposits Step 2 2
Iuvo Group Deposits Step 3
Iuvo Group Deposits Step 3
Iuvo Group Deposits Step 4
Iuvo Group Deposits Step 4
Iuvo Group Deposits Step 5
Iuvo Group Deposits Step 5

Pay attention that Iuvo does not offer currency conversion. If you would like to invest in a certain currency, it is necessary to make a transfer to the respective bank account.

Iuvo Group Withdrawals

(all pictures have the number of each step respective)

  1. In your “Dashboard” choose the option Withdraw and then click the link “Continue”.
  2. Choose your currency.
  3. Select your withdraw amount and your destination bank account. This bank account (can be over one) corresponds to the bank account you used to deposit money into Iuvo. Click the button “Confirm Withdraw”.
  4. If you want to check the withdraw status, hit “View withdraw history” and you have access to your withdraw history.
Withdrawals 1
Withdrawals 1
Withdrawals 2
Withdrawals 2
Withdrawals 3
Withdrawals 3

How to Invest in Iuvo Group P2P Lending?

You can choose the option to invest manually or through the Auto-Invest tool. In either option, the time it takes to invest your funds in loans is fast as long as there are loans available for the chosen criteria.

In either option, we can invest in the primary or secondary market.

Investing Manually

I do not recommend investing manually because it takes a lot of work unless your portfolio is small and / or you are looking for some kind of specific loan. Either way, you go to the “Primary Market” or “Secondary Market” menu and choose the loans according to your criteria.

Primary Market
Primary Market
Secondary Market Investment
Secondary Market Investment

Note that at the date of this review we had available to invest 24,764 loans in the primary market and 7,976 loans in the secondary market. Over 32,000 loans are available to invest. This good number allows us to ensure the market is liquid.

Investing With Auto-Invest: How can you create an easy strategy?

This is the method I use and recommend because it allows us to have total control of our portfolio. You can create several strategies to achieve your goals. I love using this tool because I have full control of my options.

I will show you an easy way to create a strategy using Auto-Invest tool with just three steps:

  1. Go to your Dashboard, click on the left sidebar “Auto Invest” and then “Create new Invest portfolio”
Iuvo Group Auto Invest
Iuvo Group Auto Invest
Iuvo Group Auto Invest Guide
Iuvo Group Auto Invest Guide

Fill the criteria as you want. Here is an example of a strategy that you can apply to your portfolio:

Iuvo Group Auto Invest Review
Iuvo Group Auto Invest Review
Iuvo Group Auto Invest Criteria
Iuvo Group Auto Invest Criteria

After you fill the criteria as you want, click the button “create”. To activate your strategy, you need to change the status from “pause” to “play”:

Iuvo Group Auto Invest Start
Iuvo Group Auto Invest Start
Iuvo Group Auto Invest Starting
Iuvo Group Auto Invest Starting

Loan Originators

One thing I appreciate about Iuvo Group is they work with Loan Originators. I much prefer this option, to the platform option to work directly with the borrowers.

At the time of this review, we have 7 Loan Originators which allows us a good diversification through each one’s strategy.

Iuvo Group Loan
Iuvo Group Loan

However, I have to say that sometimes there are some Loan Originators with no available loans to invest for a long time.

Here is an example of my custom strategy with four Loan Originators when I have my custom strategy defined for all of them.

Iuvo Group Loan Originators
Loan Originators

Who are the Loan Originators at Iuvo Group?

In the main page, we can go to the “Markets” menu and then “Loan Originators” where we have a List with all of them. If we click on the name of each one, we can get more detailed information.

Congratulations to Iuvo for making this information available, as it allows investors to make their decisions according to their strategies.

See the example of EasyCredit.

Loan Originator EasyCredit
Loan Originator EasyCredit

What Kind of Loans We Can Invest at Iuvo?

Iuvo peer to peer lending allows us a good diversification of loans. We can invest in Mortgage Loans, Secured Car Loans, Business Loans, Personal Loans and Short-Term Loans.

The loan terms can range from a few days to years.

Another thing I like on this platform is that it is possible to invest in countries like Poland, Romania, Bulgaria and Georgia.

Here is an example of my real portfolio invested in 3 countries and 3 different kinds of loans:

Portfolio
Portfolio

The documentation that the platform presents for each loan is acceptable and is like other platforms. They could present more information as legal documents and signatures, but I consider that broadly meets the needs of investors. For me to analyze over 150 loans of my portfolio, one by one, is a waste of time.

You can see an example of the information we have on each loan:

Loan Information
Loan Information

Is There Any Possible to Early Exit at Iuvo Group?

Yes, through the secondary market. It is not the most liquid secondary market I know but depending on the loans sometimes it is fast to sell.

When we are selling in the Secondary Market, we have a fee of 1% of the announced price.

In the menu “My Investments” we can choose the loans we want to sell. Through our sales strategy, they also allow it to add a discount or premium to our sales. Here are some pictures of how to operate in the secondary market adding a 0.2% discount.

Early Exit at Iuvo Group
Early Exit at Iuvo Group
Early Exit at Iuvo Group Step 2
Early Exit at Iuvo Group Step 2

Iuvo Group Review – Is it Safe to Invest?

Iuvo takes serious investor protection. All loans listed on the platform have a buyback guarantee. This means that the Originator is obligated to buyback the credit from the investor at its nominal value in case the borrower stops paying off their loan. The Originator will restore the investment back to our Iuvo account.

The buyback guarantee activates on the 61-st day, counted from the date of the first unpaid instalment.

They have created a credit rate score system that allows the investor more capability to make better decisions according to own risk strategy.

In addition, all loan originators maintain a percentage of each loan on their balance sheets, called the skin in the game. This procedure is very interesting because it ensures that the interests of the loan originator are closely aligned with the interests of investors – both sides have a stake in the loan. It is easy to see loan originators with more than 50% invested in some loans.

Iuvo Group Fees Review.

The only fee we have in this platform is when we are selling on the Secondary Market. In this case, we have a fee of 1% of the announced price.

Review Return of Investment at Iuvo Group.

First, we must separate the interest rate on a loan and the real return we can get.

If we search for the minimum and maximum interest rates for each loan available on the primary market, we find that for the currency Euros, we can invest in the interest rate from 5.03% to 14.88%.

Iuvo Group Return on Investment
Iuvo Group Return on Investment
Return On Investment
Return On Investment

At the date of this review, Iuvo Group announces on its website an average annual return of 9.20%.

Is it realistic to get this average annual return?

Yes, it depends on your strategy. As we can see in the previous images, you can get an average annual return of 5.03% or even 14.88%. Just for this, you need to invest only in these loans.

However, should not forget to count the days of delays in loan repayments, particularly those with a higher risk profile, which may cause the average net annual return to drop slightly.

I am an investor who appreciates diversification. Therefore, my average annual return is slightly above the Iuvo number, 9.66% VS 9.20% respectively. So, we can conclude that 9.20% presented by Iuvo is perfectly coherent for a diversified portfolio.

If we Review my Iuvo Group portfolio with detail, we can see my average interest rate at 9.87% and 70% of my capital into between 8% and 9% interest rate.

Review my Iuvo Group portfolio
Review my Iuvo Group portfolio

On February 26th, 2019, Iuvo launched the Gold Club, which provides a collection of privileges to investors with over €25,000 invested on the platform:

  • reflection of each deposited amount on your investor account within 30 minutes
  • information on the platform 24 hours in advance
  • the automated investment portfolio for your account
  • online help with managing and optimizing the mentioned portfolio
  • the exclusive right to participate in public events involving Iuvo and public platform presentations, through specially provided tickets and invitations for you

Something I also love about Iuvo is the periodic information they send either by email, on their blog or through social networks. This kind of information allows investors to update their strategies according to their goals.

The site presents a complete Help menu, which clarifies many current doubts of any investor or potential investor.

About their annual report, it is easy to find on the internet. I really like that because I appreciate transparency!

Iuvo Group Awards Review

Iuvo was awarded the top three in the “Best Starting Business” category on the Forbes Business Awards Bulgaria 2016 and 2017. The link is in Bulgarian language but you can use a translator if you need it.

Review The Best P2P Lending and Investing Alternatives To Iuvo Group?

First, it depends on your strategy and your P2P investing and lending experience. Imagining you only invest in Iuvo Group I suggest diversifying your portfolio by opening accounts at: