P2P lending
Lending capital to borrowers via peer-to-peer platforms.
P2P lending platforms (Mintos, PeerBerry, Bondora, Estateguru) advertise 9-12% APY with buyback guarantees that make the marketing read like guaranteed income. The reality, after the 2022-2024 stress test: real net yields are 6-9% after defaults and originator failures.
The pillar focuses on EU-residence platforms (most P2P platforms restrict non-EU accounts) and the diversification discipline — across platforms, originators, and geographies — that makes the model work without unacceptable concentration risk.
3 ideas
P2P Lending (Mintos, PeerBerry)
Advertised 9-12% yields with buyback guarantees. Real net returns of 6-9% after defaults, originator failures, and platform-risk events stress-tested 2022-2024.
Mortgage note investing
Buy mortgage notes at discount, collect monthly payments from the borrower instead of being the landlord — real-estate yield without tenant calls, narrower investor profile.
Private credit & direct lending funds
Yieldstreet, Percent, and accredited lending lanes promising 8-12% yields. Honest math on default rates, fees, and what these do in a downturn.