Consult with a tax professional in your country for advice specific to your situation, especially for international investors who may face more complex reporting requirements.
I have met the Viainvest team numerous times. I visited them for the first time with my business partner and friend Kolja Barghoorn in 2018 when we traveled to the Baltics as kind of pioneers to visit several P2P platforms.
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.
Another alternative is the Latvian platform Twino, which has been in the market for quite some time and even collaborates with Viainvest, or PeerBerry, one of the largest P2P lending platforms in Europe.
Viainvest is an audited financial company from Latvia that holds an investment brokerage firm licence. It is subject to the regulations of the European and Latvian supervisory authorities and is therefore definitely reputable!
As one of the few Latvian platforms, the transition process to a regulated business unit has also uncovered some problems and weaknesses at Viainvest:
The entire process typically takes less than 24 hours, with most verifications completed within the same day.
Also Viainvest is offering the frequently used buyback guarantee. As soon as a borrower fails to make a payment on time, the lender is obliged to buy back the loan after 60 days of delayed repayments.
Viainvest is unfortunately known for its IT problems, especially during the changeover to IBF-compliant products. For a large company with a large number of customers, this should never happen! It is not possible to sell investments prematurely on a separate secondary market.
In 2023, Viainvest introduced two fully automated strategies. In this case, you only need to make a selection, and Viainvest takes care of the rest. You have the choice between the Active and Diversified strategies.
These are initiated and managed by the ViaSMS Group. There are no other providers on Viainvest, as it is not a marketplace like its competitor Mintos, for example.
The largest loan originator is Aventus Group, which also founded PeerBerry. Aventus operates in 18 countries across Europe and South America, making it the largest online lender globally in terms of geographic reach. It also works bondora with a large number of other institutions.
At Viainvest, you invest your money exclusively in loans from the ViaSMS Group. It is successful, profitable and provides transparent insight into all business areas. That is much more than we can say about many other providers in the P2P market! Investors currently receive 13 per cent interest with Viainvest. In my experience with other platforms, this puts the company in a leading position.
Not a good experience ! The overall process with pay is not great and not in the same bracket category with TREATY.