Meeting Grupeer in their new office

Why this post?

The purpose of this post is to give you some insight into my experiences with the people behind Grupeer.

They have a warmhearted and caring team with a “we’re all family” spirit I have not seen in any other P2P platform. They do not only think about themselves, they try to take care of the whole P2P industry. For that reason, I think they deserve some attention!

It’s just a short post to show you some pictures. Maybe you’ll find some information that you didn’t know already.

When and where?

I’ve had the pleasure to met Grupeer a few times. First time was on November 18th 2018 – a national holiday! While everyone in Riga was preparing for the #LV100 celebration – Grupeer wanted spend their free-time meeting us!

That’s one of the things I really appreciate about Grupeer; Whenever there’s an opportunity for socializing, one thing is certain – The girls from Grupeer will be there!

They’re always available to investors who want to meet and they participate in all sorts of events and conferences, including the P2P Conference in Riga from June 7-8, 2019.

Use the promo code P2PEARLYBIRD40 for a 40% discount!

The old office

First time we met, was a short spontaneous meeting. We spent a few hours together and got to know them better.

Grupeer’s old office building

Tatiana Kovtuna, me and Viktorija Bondarjonoka

After that, we had lunch together on a nice café in Riga, where we talked about how it was like to work at Grupeer and the future of Crowdlending.

New concepts

They introduced us to two new concepts that Grupeer is currently working on:

  • A “stability fund”

The stability fund is a concept where investors can buy shares in rental apartments and receive rent from the tenants without having to do the practical things that landlords needs to do.

I think it’s similar to what ReInvest24 is doing with some of their properties. I recently opened a small position with them, to see if it’s any good.

  • P2P aggregator

The P2P aggregator is a completely new website, where investors can invest in real estate projects from many different sites – not only from Grupeer. This project has been put on hold, to focus on Grupeer’s main business. With the fast growing investor base, they will be busy finding new quality projects. I’m happy with this decision!

Second meeting

This second time was on May 3rd 2019. Alberts from Kuetzal was so kind to drive us to the new Grupeer office and pick us up 4 hours later to drive us to the airport.

We got to meet most of their employees and had some good detailed talks about everything from interest rates, platform improvements and investment strategies to competitors and how we thought the P2P industry will evolve in the coming years.

Every Grupeer employ is interested in hearing your opinion and they see every opportunity to talk to investors as a chance to learn and improve their business.

I’m excited to see if they’re going to implement some of the changes I proposed for the Overview page. (Please do Grupeer, I know some of you are reading this :-))

This is the new Grupeer office on Pulkveža brieža 21, office 6, Riga, LV-1010, Latvija

Danish/German blogger collaboration

Lars Wrobbel from Passives-einkommen-mit-p2p was also visiting Grupeer at the same time, so I had the pleasure to meet him as well. Great guy!

Lars has made an excellent YouTube video from his Grupeer visit. If you want to know more about Grupeer, I highly recommend you watching it.

We plan to visit some platforms later this year and do some interviews together. I look forward to the collaboration 🙂

If you’re coming to the P2P Conference in Riga from June 7-8, 2019 you’ll be able to meet Lars as well!

Lars Wrobbel (German blogger), Alla Kisika (Founder of Grupeer) and me
The Grupeer team – with Lars Wrobbel and me

3 cash back campaigns in June

Grupeer has 3 cash back campaigns starting from today. Each one of them offers 1% cash back on your invested money and this time it’s possible to get cash back on loans with 13% yield.

I will transfer another 5.000€ to the platform on Monday to participate in the “PlanetaCash” and “Finsputnik Platforma” campaigns.

Until next time

I’ve started learning Portuguese with Memrise. It’s a fun way to learn a new language! It will probably take a while for me to learn, it’s very different from any of the languages I know (Danish, Norwegian, Swedish, German and English). But as we plan to move somewhere near “Caldas da Rainha” I like to be somewhat prepared 🙂

The next portfolio update is just around the corner and will be posted no later than June 4th.

Até logo!

26 Replies to “Meeting Grupeer in their new office”

  1. I found your information very helpful because as a new investor from Greece I am wondering how much reliable could be a site (company) to invest on them. Keep going and I will follow you.

    1. I’m glad you liked it Yannis! Grupeer is one of my favorite platforms – it doesn’t have the highest returns but it’s the one I trust the most.

    1. We’re considering it! We’re going on a vacation in the late summer to inspect the area. If we like it, we’ll start looking for a rental appartment and take it from there 🙂

      1. Hi Jorgen! Congratulations for your website, and congratulations if you really decide to move to Portugal!
        Actually I have two airbnb apartments in Lisboa in case you are interested in staying at Lisboa.
        Take care, Jose

  2. Cool. Im Portuguese. I think you would love the country. Caldas da Rainha is not the obvious destination, but why not?! Good luck

  3. Nice artikel Jørgen.

    Is there somewhere we can read more about the three new cashback campaigns on Grupeer starting, that you mentioned in your post?

  4. Hello Jorgen,

    First of all thank you for your blog. It brings a lot of confidence to see that these companies are actually working on a common goal.

    It’s interesting that you want to go to Portugal, why is that? I am actually Portuguese (currently working in finance in London). Feel free to drop me a message if you have any questions. There are actually a lot of business opps near Caldas da Rainha though it’s not the most beautiful place to live.

    Cheers,
    Francisco

    1. Hi Francisco,
      We’ve set our eyes on Portugal for several reasons: Good weather, beaches, wine, much lower taxes (especially with the NHR regme), still being under EU legislation, lower daily expenses, good health care system, most people speak english, they’re very friendly and welcoming to foreigners etc. The list goes on and on 🙂

      1. You may find yourself becoming a advertising source for Portugal as much as these investing sites. I am appreciative of both.

  5. Hi Jorgen,

    I’ve been following your blog for some time, and find it extremely useful. Investing on sigh-unseen companies always carries doubts but your reviews have helped immensely. I’m Portuguese living in Czech Republic and flattered by your words, however would advise you to move closer to Óbidos, a much nicer town.

    Best Regards
    Daniel Batista

    1. Hi Daniel,
      Thank you for the kinds words! We would like to live in a smaller town, so definitely not in the center of Caldas da Rainha. It could be Óbidos, Nadadouro or Foz do Arelho, Salir do Porto, São Martinho do Porto or anywhere in between. We will most likely choose a location close to a good private school for our kids. Any suggestions?

      1. I’m biased, but why not a small town near Coimbra like Penela. It is in some ways similar to Obidos, with a well known foreigner community(UK, Dutch) there, and 10 minutes away from Coimbra which has one of the top rated schools in the country (Colegio Rainha Santa Isabel), one of the best hospitals (HUC), by far the best city to go to University (your kids), 20 minutes away from Bairrada (famous wine and gastronomy region), 30km from Atlantic ocean and cheap living. There is also excellent highway access to Lisbon and Porto. I’m from that area and can only recommend. When my passive income reaches my goal, I will definitely return to live the “dolce far niente”.

        1. I’d like to live closer to the sea, but I probably can’t have everything. First priority will be a good school for the kids, so I might need to consider something near Coimbra.

          1. I have a nephew in Copenhagen , psychologist, who just bought a nice apartment in Greece, close to the see for 115.000€ for vacation home. Why you don’t try Greece, if you like Mediterranean environment?

  6. Hi Jörgen, followed your blog for some time now , great work 🙂
    I started doing the same around newyears (fresh in the game of blogging) after I had been in Mintos for almost 1 year.
    Question, I see one of the campaigns is for all money over 5000euro, so you plan to invest in one of the other 2 they have that dont have the same restriction and not the development campaign right?

    I invested at Envestio last month and planing to join Grupeer soon together with some other platforms.

    About moving away from Scandinavia, did that myself in December 2018 to Cyprus for same reasons your looking in to Portugal it looks like:)

    Have a nice day

    1. Thanks for following John!

      Yes, I’ll invest in the other two CashBack campaigns to get the most bang for my buck.

      Are you happy with Cyprus and your decision to move?

      1. Yeah that sounds smartest 🙂

        Moving to a place with almost year around sun is perfekt, together with cost going down on living and everything else.
        Taxes for us(from other eu states) is 0 for some investment up to 17 years, even better then portugal, hehe. So with your investments and blog income you would live like a king here.

        If you have time and want to give points, look at my blog and send me an email 🙂

        Regards

  7. Congrats for will in learning a language from one of the oldest countries in the World.

    Férias em Portugal ou mudança para Portugal?

    Saudações lusitanas.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.