Lendermarket marks fourth birthday with cashback deals
Lendermarket has rolled out a number of new cashback deals to mark the fourth anniversary of its launch.
The European peer-to-peer lending platform has prepared a four-tiered bonus campaign for new and existing investors. Any investment of between €500 (£431) and €999 will earn €8 in cashback, rising to €20 for investments of between €1,000 and €2,999.
Investments of between €3,000 and €4,999 will receive a €65 bonus, and investments of €5,000 or more will earn €150 in cashback.
The offer only applies to money that has been deposited and invested by 12 June 2023. The funds must then remain invested until 15 September 2023.
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This deal runs alongside the platform’s existing referral system. When existing lenders share a link with a friend and they choose to sign up, both the existing and the new investors will receive a one per cent bonus on all investments made within the first 30 days.
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Lendermarket used the four-year anniversary to remind investors of its high returns and ability to diversify through its auto-invest accounts.
“Lendermarket offers an interesting way to invest your money, by earning up to 18 per cent all on autopilot,” said a company spokesperson in a blog.
“And as if that isn’t enough, the current birthday campaign and the referral system allow you to boost your returns even more.”
Lendermarket was founded in 2019 by the loan originator Creditstar to fund their growth. By October 2022, the cumulative interest paid to investors had exceeded €7m. It boasts more than 12,000 investors, earning an average annual return of 15.26 per cent.
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