Nibble is an interesting platform belonging to the IT Smart Finance group – a financial conglomerate with current headquarters in Barcelona, founded in 2014 and with more than 200 employees and 1.5 million dollars of net income in the last reported year – that will allow us to invest in loans issued by the Originator Joymoney , also belonging to said holding company and with operations in Spain, Mexico and Russia.
In this review we share all our opinions about Nibble.finance as users of it… Don’t miss it!
Nibble Finance Opinion – Critical Performance Parameters
At first glance, Nibble OÜ is a balanced platform, presenting returns in the environment of 12% covered by total Buyback (capital and interest) that is activated after 30 days from default . In spite of being a new brand in the crowdlending sector and the extra precaution that we should have in the current market context, the truth is that the originator from whom their loans emanate, Joy Money, a micro-loan brand recognized in Spain and other countries and the IT Smart Finance financial group, based in Barcelona to which both companies belong (Nibble and JoyMoney).
Nibble P2P What it is and how it works – P2P Lending
Nibble is the trademark of OÜ Nibble itsf, a company registered in Estonia in October 2019 with registration number 14831029 and based in Harju maakond, Tallinn, Kesklinna linnaosa, Maakri tn 2/19, 10145. Its founder is Maxim Pashchenko and is listed in the registration as Member of the Board Ivan Sharafiev , that we can verify that he is one of the executives of IT Smart Finance, having also worked in the parent company and in JoyMoney.
Nibble Review – Benefits
From the point of view of performance and performance, Nibble offers all-in-one investment solutions similar to other platforms clearly oriented to automatic investment such as Robocash or Dofinance . In this case, the minimum investment is 10 euros, the returns range between 8 and 12% and the terms between 6 and 12 months , with interest rates and benefits in line with those offered by other competitors.
It should be noted that all of its loans are offered with a 30-day Total Repurchase Guarantee (capital and interest) and that only the option to invest in Joymoney’s Spanish loans is currently active , but that the investment in Russian and Mexican loans is planned soon to expand its diversification.
On top of that, now Nibble also offers short-term loans so that we can invest our money in operations with a span of less than 1 month, covering all kind of investors.
From the formal point of view, in general, the website has a sufficiently detailed FAQ that covers most of the issues that we may have regarding its operation and presents the management team of the platform in the corresponding section.
Review Nibble.Finance – Joymoney Crowdlending
We have decided to try Nibble for diversification and for the benefits it offers, backed by a consolidated originator (Joymoney) and a solid financial group behind (IT Smart Finance) .
After the upgrade in March 2020 including short-term loans, we have a very positive view of this platform in which we are increasing positions.
Do you want to have a space to comment and share your doubts and experiences about this Estonian P2P crowdlending platform?… Look no further! Here below we enable the Nibble Forum so you can express yourself and ask freely… Write us your comment!