Peer-to-Peer Lending in Europe via Monestro Explained in One Minute
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- Опубліковано 24 лип 2022
- For many years since the launch of Prosper over in the US, it has bothered me that as Europeans (I'm from Europe btw), we were way behind in terms of p2p lending options.
As today's video illustrates, Monestro is here to change that by enabling European Economic Area (as well as Switzerland) citizens to earn more by lending to "vetted" loan originators that meet its criteria.
The name of the game here is not trying to earn as much as possible no matter what but rather finding the right balance between how much you earn and the risk you take on.
In a nutshell, the name of the game is selecting who you lend to from a pool of accepted loan originators and then receiving principal as well as interest payments each month.
One can get started with as little as 10 EUR and thus, it is possible to experiment with this platform without breaking the bank so as to figure out if you like what you see on the one hand and on the other hand, how much canpital it makes sense to deploy in this direction.
Why not just put in video it’s an ad.
Seems like one of these thing I’ll read about in 5 years about how their due diligence wasn’t that great and now they’re balance sheet is so big they can’t service it and pull a celcius… being domiciled in Estonia isn’t exactly the most compelling either.
It's marked right there in the top-left corner. Also, I'm following the entire 3AC and Celsius (+Voyager, even Genesis...) drama but please note that Monestro in the EU or Prosper in the US are not in any way crypto-related. The peer-to-peer thing can be misleading, but the concept appeared well before the bitcoin whitepaper (~3 years earlier).
Great video, really well made! 👏🏽👏🏽
Thanks Flavio! :)
#ad?
Indeed, marked as such. That being stated, as someone who lives in Europe and has been jealous of p2p lending opportunities folks in the US had since the Prosper days, it's a topic of interest for me. Kind of like a glimmer of hope in the context of chronic tech sector under-performance over here in Europe.
Thanks darling very good explanation
Glad you found it useful :)
don’t give up man, really good job, someday you will be very famous
Truly appreciate the support, comments like yours always make my day! :)
Nice to know the roots of this P2P thing💎
Thanks Alice! For more info on the concept of p2p lending itself, you can also check out the video I've published approximately 4 years ago: ua-cam.com/video/sOkCzZq1pro/v-deo.html
Could you maybe do a video about the Oil Crisis of 1973? :)
Would recommend watching my stagflation video when you get a chance to, close enough haha: ua-cam.com/video/YaC_PNKu_Cg/v-deo.html
Thanks buddy
Missed seeing a reply from you heh, wish I had more time to work on the channel... hopefully things will change later this year :)
Ich bin schon lange in P2P investiert. Viele Plattformen werben mit 11 % bis 12 % . Aber viele vergessen, das auf Gewinne Steuern bezahlt werden müssen. Also sind es, was am Ende über bleibt keine 12 % mehr. Ich muss sagen, daß ich noch keine Auszahlung getätigt habe. Verluste sind dann eigenes Risiko. Welche P2P Plattform findest du am besten? Ich bin ein Freund von Kryptos. Im Moment noch, nach einem Jahr Steuerfrei. Gutes Video von dir. Daumen hoch.
Vielen dank! Ich entschuldige mich fur mein Deutsch, heutzutage ist es nicht mehr sehr gut. Ich glaube das die beste Kryptoprojekte eine gute Zukunft haben aber die meisten (95%+) sind wertlos. Also vielleicht 3-4-5 gute Projekte von 1000, Projekte die auch in sagen wir 5-10 Jahre relevant sein werden. Meiner Meinung nach gibt es noch viel zu viel dummes Geld im System, also die Zeit aggressiv zu sein ist hochstwarscheinlich nicht jetzt. Das Geld der zukunft? Das glaube ich nicht. Aber eine sehr gute alternative zu status quo Finanzsysteme, heute und auch in der Zukunft? Das glaube ich schon :)