Alternative Investment Platforms Review: Quanloop and Bondora

One of the smartest financial moves that anyone can make is to put money to work. This can be possible by investing your funds efficiently and receiving a high return. Investing is not made for bankers only. Everyone can invest even if you are only 18 years old with no money. One of the reasons why investing has become so widely accessible is that convenient investment platforms now exist. There is a decent selection of investment services located in Europe to accommodate EU citizens. Before actually getting to invest money online, it is necessary to explore the market. In this article, you will find some of the platforms available for investing.

What to Look For in an Investment Service

The main objective of investment platforms is to make the investing process easier and more accessible. However, this does not mean that only newbies use online investment funds. Professional investors often benefit from such websites too if they offer a diverse functionality that allows streamlining your investments and monitoring or controlling your funds. This all comes down to your personal requirements as an investor, which include your starter capital and the time you can dedicate to investing.

Quanloop Information

Quanloop is an alternative investment service that collects funds from its investors and uses them to invest in selected businesses. This company is located in Estonia, and all EU investors can create a profile here. Not only individuals but also companies can become investors. This service started operating in 2019 and has demonstrated great annual return rates since then. An IBAN account is required to invest using this fund. However, investors outside the European Union can use specialized services that assist with IBAN transfers.

Pros

• Easy risk management is possible due to the availability of three investment plans. Each has its risk level, such as low, medium, and high. The platform does not allow investing all the funds into a medium-risk or high-risk plan and divides all money between plans to lower the risks. However, it is possible to put all your investment funds into the lower-tier plan.
• The average annual return for Quanloop investors is around 12%. The maximum yearly return percentage can go up to 15%.
• The lowest minimum investment is available here as people can invest starting with 1 euro on this platform.
• A variety of bonuses is available for the users, such as referral bonuses and cashback solutions.

Cons

• Some investors prefer having more control over their investments and choose companies to donate their money. In this case, Quanloop gathers all the investments and distributes funds leaving little control to investors.
• It might take time to get used to the auto-investing feature.

Bondora Information

Bondora is also an Estonian investment service. Unlike Quanloop, this is a P2P platform designed for lending money. The platform started operating in 2008 and now offers years of experience in the industry. All citizens of the European Economic Area, Norwegian investors, or businesses from the EU can invest through this service. A money online investment here can be done via a SEPA transfer.

Pros

• This service only requires 1 euro to make an investment as well. Such low limitations allow investing from a young age without the fear of losing all your savings.
• The investment plans here are divided based on the level of involvement you want to have. For example, the first plan is automated and low-risk but provides lower returns too. The Pro plan is semi-automated and offers more control over the diversification of your portfolio, etc.

Cons

• As for the annual return rate, this platform offers around 9%.
• All investors have to deal with tax declarations by themselves. This also concerns Estonian users.

The Bottom Line

When looking for where to invest money online, digital investment platforms should not be avoided. There are many options available in the modern market, and it is possible to find the best solution for every investor. Some platforms are more suitable for beginners, and others offer more control over your investment portfolio if you are an experienced investor already.