FOUR fifths of Crowd2Fund’s investors are outperforming the platform’s best-case scenario prediction for returns.
Newly-released data from the peer-to-peer business lender showed that the vast majority of its customers are receiving better returns than the 8.45 per cent best-case modelled scenario for September.
The top one per cent, 10 per cent, and 20 per cent of best-performing investors on the platform are currently generating respective APRs of 8.6 per cent, 8.53 per cent, and 8.51 per cent after fees and bad debts, Crowd2Fund said.
The top 80 per cent of investors are achieving 8.5 per cent returns after fees and bad debts.
Read more: Crowd2Fund reduces default rate using AI
“Crowd2Fund’s new investor reporting should give users extra comfort in the robustness of their modelling,” the platform said.
“While debt-based crowdfunding inevitably carries risks, these levels of return are significantly higher than those offered by savings accounts and cash ISAs.”
Read more: Crowd2Fund to launch in Australia
As Peer2Peer Finance News previously reported, Crowd2Fund started publishing its loanbook data for the first time last month and has used the data to forecast investor returns more accurately.
Detailed information on loans, including late repayments and defaults, are now available on the platform’s website, as well as rates offered to borrowers and investors’ returns.
Crowd2Fund said that its investors could use the data to make better-informed choices.