Why Russia’s war is becoming a risk for P2P lending

Frankfurt He is actually a “boring dividend investor”, says Jan Meier, whose real name is known to the editors. But while browsing investor forums on Facebook, the 35-year-old came across another, lesser-known way of investing: peer-to-peer lending. Supposedly easy money, it lured more than ten percent interest a year.

Private investors grant loans to consumers or entrepreneurs who do not have access to loans from conventional banks. Meier found the concept exciting, especially since some financial influencers documented their successes on social networks. So he deposited around €2,500 on Latvian platform Mintos.