Fellow Finance

Read 1 Review of Fellow Finance to check if it is legit.

Website & Phone: Bangatan 1b Helsingfors 00120 Finland

1 year ago

If you're willing to hand pick the loans from the secondary market yourself and not use autoinvest, there are good returns and reliable borrowers available. That's why I can't give 5 stars, because I have to do the work myself. Of course you can use autoinvest, the return is probably just lower and there will be more delayed loans. I've been investing since 2015 on this platform. I don't like all things there: the platform is a bit slow, the minimum investment on primary market is 25 or 100 eur (that's too much), and all loan types have different accounts and the money to be invested is not shared across the accounts. That creates cash drag if you autoinvest and extra work if you invest manually, you have to move manually the money from account to account. But all in all, I think this is a good and reliable platform in a country where (at least some!) regulation has already been introduced, no need to wait for a possible regulatory catastrophe like in some other countries.

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