I am not happy with the KFP / CBC progress. I am missing regular update about this case from IUVO (last info - December 29,2020). Mintos have handled similar problems better. Auto invest settings s... See more
Company replied
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I'm client since before covid, during covid period, some partner just stop to pay, so i'm now stuck with 35% of my portfolio in default. 2 Warning : - their auto-invest process doesn't invest in t... See more
Company replied
On the plus side, their customer support is responsive and helpful. They will even call you if they need to clarify something. Payments are processed quickly and accurately. However, the website is... See more
Unfortunately, Russian loans are in limbo without any information or updates. All other P2P companies try to repay at least some/even little amounts of money (such as Twino, Peerberry) or constatntl... See more
Company replied
Company details
Written by the company
We, at iuvo, are a group of young entrepreneurs who wish to re-define the way people manage their money, invest and get access to credit. Our team consists of experts in the financial services, consulting, marketing and IT industries with great passion for innovation.
Contact info
Narva Mnt 5, Harju County, 10117, Tallinn, Estonia
- support@iuvo-group.com
- iuvo-group.com
2.2
Poor
535 reviews
Hasn’t replied to negative reviews
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Excellent service
Excellent service, thank you! Best P2P investing platform, I highly recommend it!
September 14, 2021
Unprompted review
Reply from Iuvo Group
Thank you for your feedback Evgeni and for choosing iuvo for investing your money!
Best regards,
Iuvo Team
Do yourself a favor a stay away
Do yourself a favor a stay away. Loan originators falling like flies and defaulted loan are pretty normal on the platform. All this for a 9-10% return whilst the stock market boosts a 20% return ytd.
August 31, 2021
Unprompted review
Reply from Iuvo Group
Hi Daniel,
Thank you for your feedback! Our investors and their trust in iuvo will always be our main priority. We want to assure you that we have taken all legal measures concerning the dysfunctional originators we have. P2P shares are very different instruments, respectively, and the profitability. As we have always said diversification is very important. Specially for optimising the personal profitability of each investor.
Our team is here to answer all the questions you have, don't hesitated to contact us via phone or chat.
Best regards, iuvo team!
Avoid like the plague.
I have invested in dozens of P2P loan companies. Some are good. IUVO Isn't one.Most of the money I invested is tied up in defaulted loans. The buyback guarantee is worthless if there are reasons to fail to apply it. Nevertheless, the company continue to try to sell me more products, sometimes even calling me to ask me to do so. Fool me once.
Just a little update - three and a half years later, I still haven't seen a penny.
August 25, 2021
Unprompted review
Reply from Iuvo Group
Hi Andrew,
Thank you for your feedback. We would like to assure you that we are taking all the necessary measures in the case with CBC. All efforts are aimed at protecting the investors on the platform.
We would like to give you all the latest updates on the case below:
At a conducted auction the court in Poland issued a preliminary decision in favor of the pre-pack purchase of CBC. However, given the unsatisfactory parameters of the pre-pack purchase, iuvo – with the assistance of the law firm Zimmerman Sierakowski & Partners (a leading law firm that is closely specialized in insolvency procedures) and other creditors – invested serious resources and efforts to effectively challenge the decision, which culminated with success. Based on the challenging of the decision and the subsequent review by the court, the process for pre-pack purchasing of CBC was stopped and the court ruled the initiation of a remedial proceeding. The information will continue to be transparently communicated by our team and we will keep informing you as soon as we receive more details.
The buyback guarantee is a requirement for every originator on iuvo. In case the borrower stops paying their loan, the originator buys the remaining invested sum back. Every originator offers specific terms which are available at our loan originators page. When an originator is not fulfilling their contractual obligations, we are taking legal actions in order to protect the interest of our investors, as in the case with CBC.
We remain available and open to discuss the case, review your portfolio, and assist if you need more information.
Best regards!
Iuvo team
Go to Mintos or Peerberry or Robocash
So far an avg annual return of 10,89% with 0 defaults. Some high risk ones are close to 60+ delay when the buyback will kick in.
The only thing i am worried about is all the promotions. Free money is nice. But money always comes from somewhere. Id rather have Iuvo first be a healthy financial company before they give a lot of promotions.
Edit:
IUVO compared to others is not able to repay the finances invested that are locked in Russia.
Mintos and peerberry better options.
August 23, 2021
Unprompted review
Reply from Iuvo Group
Thank you for your feedback RD. Keep in mind that our promotions came as feedback from our investors and their desire to create such promotions. Please also note that our Loyal campaign is our first ever campaign for loyal investor in iuvo.
Thank you for your trust iuvo
Too many defaulted loans
Like others having invested using Iuvo, I have 90% of my investments defaulted. Been investing since prior to covid-19. Other platforms do not have this issue.
I do not recommend!
August 23, 2021
Unprompted review
Reply from Iuvo Group
Hi Mario,
Thank you for your feedback. Together with our legal partners we are taking all possible legal measures to protect the interest of our clients. All the news regarding the case with CBC are shared with our investors. As you already know, there is a submitted claim for starting the procedure of declaring the company insolvent and a claim for initiating a procedure for restructuring and healing the company. Based on these claims and the analysis of the assets and liabilities of CBC, it was expected a decision from the court in Poland about which procedure will follow. On that time, we received information about submitted claims for pre-pack purchasing of CBC by two companies as a special procedure in the course of insolvency. If the purchase is completed, it will bring faster satisfaction of the creditors of CBC and limiting the devaluation of their assets in the long process of the standard procedure of insolvency.
We are taking all possible legal measures together with our legal partners to protect the interest of our investors. Their trust will always be our main priority.
Kind regard, iuvo team
I'm client since before covid
I'm client since before covid, during covid period, some partner just stop to pay, so i'm now stuck with 35% of my portfolio in default.
2 Warning : - their auto-invest process doesn't invest in the best loan for you ... 35 % in default because of it (tks to CBC mostly)
- Their follow in case of default is absolutly bad ! We have nearly no news, their blog post are useless.
August 20, 2021
Unprompted review
Reply from Iuvo Group
Hello Alexandre,
Thank you for your feedback!
We continue working every day on the case and taking all possible legal measures to protect the interest of our investors. As we informed in our latest blog about the case with CBC- at a conducted auction the court in Poland issued a preliminary decision in favor of the pre-pack purchase of CBC. However, given the unsatisfactory parameters of the pre-pack purchase, iuvo – with the assistance of the law firm Zimmerman Sierakowski & Partners (a leading law firm that is closely specialized in insolvency procedures) and other creditors – invested serious resources and efforts to effectively challenge the decision, which culminated with success. Based on the challenging of the decision and the subsequent review by the court, the process for pre-pack purchasing of CBC was stopped and the court ruled the initiation of a remedial proceeding.
The trust of our investors in iuvo will always be our main priority.
Please have in mind that the diversification of funds can be controlled if separate filters are created for automatic investment.
Our team is always available to comment on the best strategy that suits investors' preferences as much as possible.
Best Regards,
Iuvo team
I like iuvo because of their…
I like iuvo because of their transparency.
Ok, they have problems with CBC but which platform didn’t? I lost all my investment in some other platforms. We must appreciate and respect all platforms which survived after the COVID period.
August 19, 2021
Unprompted review
Reply from Iuvo Group
Hi Todorov,
Thank you for your feedback and your trust iuvo.
Best regards,
Iuvo Team
90% of my money is gone due to CBC
90% of my money is gone due to CBC, no interesting information regarding the case against them. It looks iuvo os laughing on ya.
August 19, 2021
Unprompted review
Reply from Iuvo Group
Hi Jorge,
Thank you for your feedback. The latest news regarding the case with CBC are shared on our website
As you already know, there is a submitted claim for starting the procedure of declaring the company insolvent and a claim for initiating a procedure for restructuring and healing the company. Based on these claims and the analysis of the assets and liabilities of CBC, it was expected a decision from the court in Poland about which procedure will follow. In the meantime, we received information about submitted claims for pre-pack purchasing of CBC by two companies as a special procedure in the course of insolvency. If the purchase is completed, it will bring faster satisfaction of the creditors of CBC and limiting the devaluation of their assets in the long process of the standard procedure of insolvency.
Together with our legal partners we are taking all possible legal measures to protect the interest of our clients. Our investors and their trust will always be our main priority. As soon as we have more information, you will receive it.
Greetings,
Iuvo Team
Lower isn’t possible
I can't give iuvo a better rating
invested money is in cbc loans
little to no information
No buy back
Nog possible to sell on sm
100% löss
August 19, 2021
Unprompted review
Reply from Iuvo Group
Hi Marc,
Thank you for your feedback. Our efforts in order to protect your interest continue and in the latest update we shared, you can see detailed information about the development of the case.
At a conducted auction the court in Poland issued a preliminary decision in favor of the pre-pack purchase of CBC. However, given the unsatisfactory parameters of the pre-pack purchase, iuvo – with the assistance of the law firm Zimmerman Sierakowski & Partners (a leading law firm that is closely specialized in insolvency procedures) and other creditors – invested serious resources and efforts to effectively challenge the decision, which culminated with success. Based on the challenging of the decision and the subsequent review by the court, the process for pre-pack purchasing of CBC was stopped and the court ruled the initiation of a remedial proceeding. The information will continue to be transparently communicated by our team and we will keep informing you as soon as we receive more details.
The buyback guarantee is a requirement for every originator on iuvo. In case the borrower stops paying their loan, the originator buys the remaining invested sum back. Every originator offers specific terms which are available at our loan originators page. When an originator is not fulfilling their contractual obligations, we are taking legal actions in order to protect the interest of our investors, as in the case with CBC.
We remain available and open to discuss the case, review your portfolio, and assist if you need more information.
Greetings,
Iuvo Team
Hard to get your money out, lousy website design
After registration and investing the first money I got annoying calls from Iuvo multiple times a month trying to get me to invest more money or refer friends - under the cover of "asking how satified I am with the service". This didn't even after weeks and multiple calls.
The website regarding existing investments is not very clear or simple. It's hard to get a proper overview of you active investments as it shows a lot of old finished investments as well with 0,- invested. Lousy web site design.
I wanted to get all my money out and stop using it. Now I have some signifikant money in investments that I cannot get out. Even though they have a "Secondary Market" you should not think that you can use it to get your money out if necessary. They just put some of there "Partners" on the list of not tradable contracts, so my money is stuck in there for almost a year with no chance of getting it out. So you should also avoid long term investments as the chances to get your money out earlier is low.
All in all I cannot recommend this platform at all. There are more reliable and trustworthy services out there.
August 12, 2021
Unprompted review
Reply from Iuvo Group
Hello Gunnar, Thank you for your feedback.
The client service in iuvo aims to advise users of the platform on the best investment strategy, depending on their goals and needs. Having these in mind, we have an individual approach to each client and quality services that we are proud of. Investments in P2P work best for the client when the strategy is long-term. Our secondary market is a functionality that allows better liquidity of the invested funds. The suspension from the sale of loans by a specific originator occurred, because of the failure to comply with the obligations to iuvo, which is why we have launched a legal case to protect the interests and funds of investors. The most up-to-date information on the case can be found on our blog here https://bit.ly/3yJ4dgD
minimum amoubt for withdrawel and coldcalls
coldcalling of customers happens and now there is a
minmum amount to withdraw money. but nothing new like better investing chances. so it seems they may be on decline.
August 11, 2021
Unprompted review
Reply from Iuvo Group
Hello,
All the data we receive is given by our customers, including phone numbers. Our personal account managers are always calling people who are registered on the platform. We are following strictly all GDPR rules.
The minimum amount of withdrawing is 10 EUR, 10 BGN, 10 RON, 10 PLN, 10 RUB and it will be active on 25.08.2021.
In the past month we had several new opportunities for our investors:
iCredit Poland launched an attractive campaign for your investments in BGN and interest up to 14%. The campaign’s period got extended until 31.08.
We launched our Silver Club which gives additional bonuses for the investors who participate in it.
Our team is constantly developing new features and negotiating for better terms and campaigns with our partners.
Best regards,
Iuvo Team
Денис е най-добрия кординатор.БЛАГОДАРЯ
August 11, 2021
Unprompted review
Reply from Iuvo Group
Здравей, Виктор!
Благодарим ти за позитивната обратна връзка. Денис и целият ни екип е насреща, ако имаш нужда от съдействие с инвестициите на платформата.
Поздрави,
Екипът на iuvo
Very satisfied
Very satisfied with service and especially with Denis Petrov
August 5, 2021
Unprompted review
Reply from Iuvo Group
Hi Moni,
Thank you for the feedback! We are happy to see that you enjoy the service Denis provided.
Greetings,
Iuvo Team
Good experience.
Good experience.
The best customer care and account management I had in p2p companies so far.
Even received phone calls, alerts and email messages suggesting corrections in my auto-invest setup. Great!
July 10, 2021
Unprompted review
Reply from Iuvo Group
Thank you for sharing your experience with us!
Best regards,
Iuvo Team
The best P2P investment platform in…
The best P2P investment platform in Europe. Good selection of trusted lenders, great website and good customer service.
June 24, 2021
Unprompted review
Reply from Iuvo Group
Dear Ivelina,
Thank you for the positive review!
Greetings,
Iuvo Team
Reply from Iuvo Group
Thank you very much for the positive review!
Greetings,
Iuvo Team
Reply from Iuvo Group
Dear Lilia,
Thank you for the shared review. We are glad that you enjoy your experience on the platform!
Greetings,
Iuvo Team
I am very happy with the UX
I am very happy with the user experience with Iuvo.
June 8, 2021
Unprompted review
Reply from Iuvo Group
Dear Slavka,
Thank you for the positive review! We will be happy to assist if you need more information or assistance with your investments.
Greetings,
Iuvo Team
Doesn't allow me to sell a bad credit...
May 31, 2021
Unprompted review
Reply from Iuvo Group
Hello Diogo,
The loans you buy on iuvo could be sold to other investors on the secondary market. If we are talking about loans of the companies iuvo is in active law procedures with, for example CBC loans, they can't be sold or bought on iuvo since August 2020.
Our team continues to work daily on the case with CBC together with leading professionals. We are working with our experienced partners from MFG (Management Financial Group) - the holding, that iuvo is part from, as well as with leading law firms.
Thanks to the assistance of law firm Zimmerman Sierakowski & Partners and other creditors, there was a successful development in the process – the actions related to the pre-pack purchase of CBC were stopped and the court ruled the start of a remedial proceeding. We will continue to update you on the development of the case.
Greetings,
Iuvo Team
Simple and easy to use
Simple and easy to use. Great functionalities. Recommend it.
May 26, 2021
Unprompted review
Reply from Iuvo Group
Dear Deyan,
Thank you for the positive review!
Greetings
Iuvo Team
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