Gathering data

Moncera Review

Moncera Statistics

EE
  • Business name: Moncera
  • Legal name: OÜ Moncera
  • Jurisdiction: Estonia
  • Type: P2P platform
  • Average score:
    4 / 5
Promised annual return

11.3 %

Sneakypeer scoring

5.9

Transparency

78%

Secondary Info
  • Total invested: €5.9M
  • Buyback guarantee: Yes
  • Secondary market: No
  • Licensed: No
Loan Types
Business loans
Single payment loans
Main loan type
Instalment loans

Moncera Description

General Information

Moncera has been operating since 2019 and is located in Estonia. It is a P2P platform with a total investment of more than EUR 6 million. The platform offers business loans, installment loans and their main loan type - single payment loan. The platform is not governmentally supervised and does not have an investment brokerage license.

Board & Team

Moncera do not provide full information about their employees on their website; however, the CIO Aleksey Telitsyn is from Russia and has obtained a degree in software engineering at Vyatka State University, and the CEO Dmitri Pavlov have been studying at Tartu University and worked as project manager in various companies.

Financial Analysis

The platform publishes its annual report and the latest one is available on their web page. However, historical loan books are not available. Looking at the financial figures of Moncera, it can be said that the platform had better liquidity compared to 2019 and it is above one - meaning Moncera had enough short term assets to meet its short term obligations. The platform is equity financed and the return on asset is higher than 2 that can be translated into sufficient usage of assets.

Platform’s Score and Uniqueness

The platform offers 11.3% average return on investment. The average promised return is above average and is not justified on the website. Even though the platform does not provide a secondary market, buyback guarantee is automatic to all loans, and investment diversification and autoinvest is possible.

Conclusion

Moncera is a P2P platform based in Estonia with a promised return,which is above average without any justification. The platform publishes annual reports and general statistics on their website. The platform provides information about its managing team. From its financial ratios, it can be concluded that the platform had no liquidity problems and was equity financed in 2020.