€101.9m (£87m) was invested by means of European peer-to-peer lending platform Estateguru final 12 months, funding 430 initiatives.
The Estonia-headquartered platform, which specialises in originating property-backed enterprise loans, mentioned that retail traders contributed €92.7m final 12 months whereas establishments made up the remaining €9.2m.
The common return on funding was 9.7 per cent, and the full quantity repaid to traders exceeded €140m.
In complete, 29,890 distinctive traders made investments on the Estateguru platform up to now 12 months, with over three thousand of them doing so for the primary time.
“The true worth of the crowdfunding mannequin is vividly demonstrated by the truth that greater than a 3rd of investments are within the vary of €50 to €100,” mentioned Estateguru chief government Mikhel Stamm.
“No particular person retail investor may place such small quantities individually as collateral for actual property, however collectively, they will.”
German traders channelled essentially the most funds into Estateguru’s platform final 12 months, totalling €31m. This was adopted by €16.7m from Estonian traders, €7.2m from Czech traders, €7.1m from these based mostly in Lithuania and €4.2m from Swiss traders.
The common mortgage measurement final 12 months was €231,000, whereas the most important venture was in Estonia and was funded in 9 levels, totalling €4.2m.
Roughly 60 per cent of all investments have been made utilizing the auto-invest perform, a 20 per cent enhance on 2022.
“The continued progress within the share of automated investments exhibits that prospects belief the platform and respect the initiatives we provide,” mentioned Stamm.
“They’re prepared to reinvest funds from efficiently accomplished investments on our platform instantly. We’re very grateful for the religion they’ve proven in us.”
Stamm additionally revealed that the platform attracted a document quantity of investments in December, with Estateguru customers allocating greater than €1m to initiatives on two consecutive days.
Learn extra: Estateguru traders earned 9.5pc in December