PeerBerry has added Aventus Group lender UltraDinero to its platform.

The Mexican lender is offering short-term loans on the PeerBerry platform, which are backed with a buyback and a group guarantee.

Investors are expected to see a 9 per cent annual return.

UltraDinero was founded in May 2023 and currently employs 10 people. To date, the portfolio amounts to more than €0.3m.

Read more: PeerBerry onboards Sri Lankan lender

“UltraDinero loans will be available on the PeerBerry platform every business day,” said a PeerBerry blog. “Make sure to include UltraDinero in your Auto Invest if these loans meet your investment strategy.”

The news comes after PeerBerry pledged at the end of last year to onboard at least 10 new lenders in the first six months of 2024, having exited the Polish market due to incoming regulations.

The platform has since welcomed lenders from the Czech Republic, India, Kazakhstan, Spain, Sri Lanka, and the Philippines.

Read more: PeerBerry repays investors €200,000 in war-affected loans