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How to Earn Passive Income with P2P Lending in Europe: A Guide to Monestro (with Examples)



Peer-to-Peer Lending in Europe via Monestro: A Brighter Investing Opportunity

If you are looking for a way to earn passive income by investing in consumer loans from the European Economic Area (EEA), you might want to check out Monestro1, a peer-to-peer (P2P) lending platform that offers higher-quality, more secure and lower-risk investment opportunities.

What is Monestro?

Monestro is a P2P investment platform that connects investors with loan originators, who are companies that provide consumer loans to borrowers in various countries within the EEA. Monestro does not issue loans itself, but acts as an intermediary that facilitates the transactions and provides the necessary information and tools for investors to make informed decisions.

Monestro is authorised and regulated by the Financial Supervision Authority of Estonia, and operates under the European Union’s passporting rules, which means that it can offer its services across the EEA and Switzerland. Monestro was founded in 2016 and has over 2000 registered users as of June 20221.

How does Monestro work?

As an investor, you can start investing from as little as 10€ and earn up to 12% annually by investing only in loans from the EEA1. You can choose from different types of loans, such as personal loans, car loans, payday loans, etc., with various interest rates, loan terms, loan amounts and borrower profiles. You can also diversify your portfolio by investing in multiple loans from different loan originators and countries.

Monestro provides you with all the relevant information about each loan, such as the loan originator’s name, country, rating, history, financial statements, etc. You can also see the borrower’s credit score, income, expenses, debt-to-income ratio, etc. You can filter and sort the loans according to your preferences and criteria.

Once you select a loan to invest in, you can place a bid with the amount you want to invest and the interest rate you want to receive. You can also use the auto-invest feature, which allows you to set up your investment criteria and let Monestro automatically invest your funds in suitable loans.

When you invest in a loan, you acquire a claim against the loan originator, who is obliged to pay you the principal and interest payments every month according to the loan agreement. You can track your investments and returns on your dashboard and withdraw your funds at any time.

What are the benefits of investing via Monestro?

Monestro offers several benefits for investors who want to invest in P2P lending in Europe, such as:

How to get started with Monestro?

If you are interested in investing via Monestro, you can follow these simple steps:

  • Register on Monestro’s website1 and verify your identity.
  • Deposit funds to your account via bank transfer or Trustly.
  • Browse through the available loans and place your bids or set up your auto-invest criteria.
  • Start earning passive income from your investments.

Conclusion

Monestro is a P2P lending platform that offers a brighter investing opportunity for investors who want to earn passive income by investing in consumer loans from the EEA. It provides transparency, buyback obligation, higher quality loans and voluntary reserve as some of the features that make it stand out from other platforms. If you want to learn more about Monestro and how it works, you can watch this video2 or visit their website1.

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