Kaxlo https://kaxlo.com Alternative Investment Research Mon, 09 Dec 2019 00:52:18 +0000 en hourly 1 https://wordpress.org/?v=5.3.2 https://kaxlo.com/wp-content/uploads/2019/11/favicon.png Kaxlo https://kaxlo.com 32 32 Lenme P2P Lending Review (formerly Lenmo) https://kaxlo.com/lenme-p2p-lending-review-formerly-lenmo/ https://kaxlo.com/lenme-p2p-lending-review-formerly-lenmo/#respond Sat, 07 Dec 2019 01:37:19 +0000 https://kaxlo.com/?p=604 P2P lending with Lenme

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Lenme P2P lending platform review. Lenme which looks to be the rebrand of Lenmo P2P lending platform full review, based on my real life experience.

Lenmo is now Lenme


Last years I stumbled across a new P2P lending platform called Lenmo. (with an “L” not “Venmo”as many assume, and likely part of the reason for the Lenme rebrand) like most things I do in life I jumped right in to give it a try even though in the back of my mind I thought it was just too good to be true. So what was the outcome:

I ended up making a little money so I guess you can consider it a success. But unless a few things on the app change, it’s just too much of a risky play in my opinion.
Here is my full review on the Lenme (formally Lenmo) P2P lending app.

Investing in Lenmo P2P


In total I invested $409 to test the waters. Here was the break down.

First investment: $203.11 loan with payback of 4 months and APR of 100%. Yes you read that right 100%. I’m still not entirely sure the team at Lenme is able to land the borrowers that are willing to commit to such a high interest rate. There were plenty of people looking for some quick loans, and I was happy to provide it to them.

I was able to see some very basic information about the borrow such as their credit score, and few other minor details, so really it was a gamble. The platform doesn’t even give you the name of the person you are lending the money to, you only have their initials to go by.

Lenme Payback Process

The first question I always get asked is “do the people actually pay back the loan.” In my experience with Lenme. Both yes and no.

For my first $203.11 investment the monthly payments were 61.78 for the 4 month term. So if they borrower made every payment I would receive $247.12 in return. On the second month the app notified me that a payment was late. While my mind raced to assume I was never going to see the remaining payments. A couple weeks passed and I received a notification that the payment was paid with an additional $6.00 late fee included. Fortunately I received all 4 payments and in total for this investment I received a total of $253.11


A hefty $50 profit for a $203.11 wasn’t too bad, while risky, I couldn’t help but think it may just be worth the risk.

I had two other investments going at the same time. One was a loan to borrower for $53.11 to someone with the initials “MC” and one for $153. All of them with the hefty 100% APR.

My second $153 investment had a 2 month term. With two payments of $86.25. The borrower paid both payments on time and in total I received $172.50 for a $19.39 profit. Again, I was happy with returns.

Account Setup

Setting up the Lenmo account was relatively simple and likely easier than most of the other P2P platforms. The required information such as social security number, name, and bank account were relatively easy. And as expected for this type of a lending platform.

The apps support documents were a bit scarce however, but I truly got the feeling that is was more of a matter of the app being in startup phase and they were growing quickly. It seemed that more information was being added regularly.

Unpaid P2P Loan

The third investment of $53.11 didn’t have the happy ending however. This borrower did not pay the loan back, and has now been 7 months since the payment was due.

Unfortunately as Lenme only provides the initials and there is no way to contact to borrower, i’m left with the app to try to collect.

I’ve already wrote this off as a loss, and highly doubt i’ll ever receive it back. I’m not blaming the app for not collecting on payment as I knew this was a highly risky investment, but I just couldn’t help wonder if there was a better way to go about collections process.

Lenme Promotion

The good news is that Lenmo (now Lenme) was offering a promotion at the time that when you made your first 3 investments you would get a free $50. Instead of reinvesting that $50 I went ahead and cashed out.

The app is a bit confusing on the returns it gives me a few metrics of what I’ve earned and ROI metrics, but it just doesn’t feel right as without doing some calculations it’s hard to understand if these are realized or unrealized gains. (especially while the loans are currently in repayment status)

Overall my experience was positive, but seeing just the one loan being defaulted, wipe out a large portion of my profit it was enough to have me to call it quits.

My experience appears to may have been an exception. Browsing through reddit forums, I found that some others had nearly an opposite experience with almost none of their loans being paid back.

The Lenme App is a really great concept, and i’m confident as it grows it will become a great success. The barriers from both the borrower and lender are fairly low and is a key advantage to this platform compared to the other P2P lending platforms. However as barriers lowered, the risk is much greater.

If the app creates additional or better processes improvements to the collections process I would likely make it a regular habit to invest on their platform.

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Choosing the right startup growth stage to invest in. https://kaxlo.com/choosing-the-right-startup-growth-stage-to-invest-in/ https://kaxlo.com/choosing-the-right-startup-growth-stage-to-invest-in/#respond Thu, 21 Nov 2019 02:12:57 +0000 https://kaxlo.com/?p=195 So you are thinking of opening up your own angel investment or venture capital fund, you’ve got great business acumen and have picked the perfect niche that is in a new and exciting industry but will still weather the storm of a recession. All seems to be going well, and while it would make sense […]

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So you are thinking of opening up your own angel investment or venture capital fund, you’ve got great business acumen and have picked the perfect niche that is in a new and exciting industry but will still weather the storm of a recession. All seems to be going well, and while it would make sense to take about any great investment opportunity that came your way. A key mistake that many getting started with angel investing make is to not pick an appropriate stage of growth.

Startup stages of growth to choose from:

Family & Friends Round

Unless a startup is lucky enough to land a spot on Shark Tank. Most startups will start with a friends and family round with small funds provided to an inventor or entrepreneur to prove a idea. In the event the first steps are effective, this will entail product development, market research, developing a management team, and also creating a business strategy. This really is really a pre-marketing stage.

While it is called a friends and family round, the money doesn’t necessarily have to come from friends and family, you can still invest but rather than investing in proven metrics you are really investing in the entrepreneur. You’re investing in the “jockey” not the horse so to speak.

Early Stage Funding

Many of the equity crowdfunding investments you see on Kaxlo are in the early stage funding phase. When you invest you’ll be providing funding to businesses completing development. Goods are for the most part being beta tested or manufacturing is complete. Often the product or service just launched and is becoming commercially available. Some businesses can hit this stage in months while others it takes decades.

Early stage entails the very first round of funding after startup, which comprises a institutional venture capital finance. Seed and startup funding often involve angel investors over institutional investors. You should always look for companies with revenues. It doesn’t have to be much a few hundred dollars is just fine, but be sure to identify if the founders are capable of making sales and are focused on the business metrics.

Expansion (Mid) Stage Financing

This phase involves implementing working funds to the first expansion of a firm. The Business is now shipping and producing also has growing accounts receivable. And stocks. It may or might not be showing a gain. A Few of the applications of funding May consist of additional plant growth, advertising, or development of a better product. More institutional investors are more likely to be contained Together with first Investors from preceding rounds. The VC’s function in this phase involves a change from A support function to a strategic function.

Private Equity Capital

Inside this phase is supplied for businesses which have attained a rather steady Growth rate–which is, firms which aren’t growing as quickly as the prices attained in earlier startup phases. Again, these firms may or Might Not Be generating a net income, but are more likely to become more significantly profitable than in preceding phases of development. Other monetary Attributes of those businesses consist of positive money flow. This also contains Companies contemplating IPOs

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Top 5 Peer to Peer Lending https://kaxlo.com/top-5-peer-to-peer-lending/ https://kaxlo.com/top-5-peer-to-peer-lending/#respond Sun, 17 Nov 2019 20:23:40 +0000 https://kaxlo.com/?p=141 Peer to peer lending allows an individual person to lend money to another individual seeking out a loan. These could car, home, college, or even a non traditional loan for items such as a trip to Hawaii. While each platform has their own niches and strengths, here is our top suggestions for getting started with […]

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Peer to peer lending allows an individual person to lend money to another individual seeking out a loan. These could car, home, college, or even a non traditional loan for items such as a trip to Hawaii. While each platform has their own niches and strengths, here is our top suggestions for getting started with peer to peer lending.

1 – Upstart

Upstart is the peer-to-peer lending platform that investors have been waiting for a long time too. This startup has partnered with many banks so it can expand its businesses. Yes, Upstart is here to truly stay for a long time too. Upstart is all about AI \peer-to-peer lending these days.

Upstart has also raised $50 million to take its power and influence in the marketplace to a new level too. Upstart is here to stay for a long time because it allows the system to see who should get a loan. It uses the power of AI to get the right information at the right time.

Upstart will also identify the right size of the loan for the right borrower, and that is just part of the things this software can do these days too. This is a San Francisco-based startup that is taking the world by storm.

2- Prosper

Prosper is one of the best peer-to-peer lending platforms out there. If you are an investor, Prosper is for you because it has all the features that you might want to get the most out of your money these days too.

You will manage to pick up a lot of good-credit borrowers who will be more than willing to make you money down the line too. They have the outstanding credit score that you want to see, and that is just part of what Prosper has in store for you. Prosper can become a money-making machine.

You can start with $2000 so you can see for yourself what Prosper can do for you. The typical APR start at 6.95%, and you will have to deal with some origination fees right off the bat too. There is also a late fee of 5% of any unpaid amount out there too.

3 – Peerform

Peerform is the perfect peer-to-peer lending platform for those investors who do not mind dealing with bad-credit-score borrowers. If you do not mind this reality, Peerform is for you because it has been designed with this end truly in mind too.

You will also have to do business with borrowers with only one year when it comes to credit history. This might be either good or bad for you depending on your particular risk tolerance and situation these days too. You can also invest in the world of debt consolidation via Peerform today.

You will need at least $4000 to start lending to these types of borrowers, and you should be able to lose some money. For debt consolidation, you will need to shell out at least $10,000 bucks. The typical APR is 5.99% a year for a 3-year long too.

4 – Lenmo

Lenmo is the common-sense micro-investing app that you, as an investor, have been seeking for quite a while. Lending and borrowing money is easy again thanks to the power of Lenmo today. You can lend up to $5000 to any borrower via the famous Lenmo so you can make good money down the line.

If you want an investment environment without the volatility of the traditional lending platforms out there, Lenmo is for you because the site has been created with this end in mind too. This is the alternative lending system that investors and lenders have been looking for these days.

One of the best things about Lenmo is that borrowers can choose any payback term they want, and that will give them a lot of flexibility in the world of lending. Dwolla, a payment service, will handle all of the payments between borrowers and lenders at all times too.

5 – Zopa

Zopa is a UK-based peer-to-peer lending firm that you need to use today. It has secured a bank license so it can better serve its clients in this ultra-competitive business. Zopa wants to serve its clients with credit cards and savings accounts so they can take their financial lives to a new level.

The problem with Zopa is the fact that it cannot work as a bank fully just yet. The reason is that Zopa has some restrictions about the things it can do these days too. Regulators in the UK say that Zopa has to meet certain criteria before it can work fully as a new bank. Yes, Zopa is truly here to give you what you need as an investor.

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Four Real Estate Crowdfunding Platforms on the Rise https://kaxlo.com/four-real-estate-crowdfunding-platforms-on-the-rise/ https://kaxlo.com/four-real-estate-crowdfunding-platforms-on-the-rise/#respond Fri, 15 Nov 2019 22:04:01 +0000 https://kaxlo.com/?p=128 CK Mack ckmack.com is a crowdsourcing platform that specializes in real estate. CK Mack is a simple platform where it allows you to invest with an extremely low startup price. CK Mack allows you to invest in real estate without all the work and hassle of directly owning a property. The properties that they offer […]

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CK Mack

ckmack.com is a crowdsourcing platform that specializes in real estate. CK Mack is a simple platform where it allows you to invest with an extremely low startup price. CK Mack allows you to invest in real estate without all the work and hassle of directly owning a property. The properties that they offer allow potential viewers to see the details and percentages of ROI before investing. They take care of all the work that comes with investing in real estate such as tenant screening, acquisition and property management. They also handle all the fees and taxes so the investors won’t have to do anything. Investing with CKMack is extremely simple all you need to do is signup and invest a minimum of only $25 on a property. CKMack will then pay you your shares on a monthly basis. CK Mack also has a blog dedicated to improve the knowledge of investors.

Small Change

Another crowdsourcing platform that specializes in real estate is www.smallchange.com. The company allows you to invest in really good neighborhoods as they offer a Change Index which takes all the data of the area, such as bike routes, area of green space, public transit access, and the measure of quality of life. The properties need to score at least 60% or above to be listed on Small Change, this makes sure of good investing choices. Small Change is not just for investors as it also allows people to list projects and offerings that other people can fund. Small change also offers a learning program where you can learn about investing. The company also offers educational videos that covers all kinds of topics on investing. They also offer real news and statistics about properties and neighborhoods that are doing well. They will also teach you what kinds of properties to invest in.

Ground Floor

Investing with Groundfloor will yield you over 10% income annually on average. Groundfloor is a platform that is opened to everyone, it’s open to investors that just started, not only to accredited investors. Groundfloor offers a variety of different kind of loans at different grades. They offer loans from 5% to 25%, giving you the choice in choosing you own loans. The loans offered by Groundfloor is also short term, so you don’t have to stay in the loan for years. The loans generally have a 6-12 month term. Groundfloor makes it real easy for beginner investors to start investing as they offer loans from $75,000 to $2,000,000. They also dedicated manager for business development and a skilled and experienced team for asset management. Investing in Groundfloor is also secure as their loans are secured by underlying real estate asset.

Peer Realty

Peer Realty is premier real estate crowdsourcing platform. It allows you to gain access to high quality opportunities with the top developers. Peer Realty allows investors to invest in high quality real estate with their most reputable developers. Through their platform, investors are allowed to review investment offerings, sign legal documents online, and transfer funds for the investment. Peer Realty also has a network of high quality sponsors and partnerships, which allows for more opportunities for quality real estate transactions. Peer Realty offers all asset types and up to 90% of equity. Peer Realty has over 50 years of experience and $1 billion in past projects. They also offer full service investor relations and support. Pear Realty is a reputable company that has been featured on Yahoo! Finance, The Huffington Post, The Chicago Tribune, The Boston Globe, and many more.

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Real Estate Crowdfunding vs. REITs https://kaxlo.com/real-estate-crowdfunding-vs-reits/ https://kaxlo.com/real-estate-crowdfunding-vs-reits/#respond Fri, 15 Nov 2019 20:29:33 +0000 https://kaxlo.com/?p=85 Do you want to know the difference between REITs and real estate crowdfunding? Well, you are in the right place for this. Maybe you are a real estate investor who wants to expand his or her portfolio of properties. Or you might be someone new to the world of real estate. Real estate is a […]

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Do you want to know the difference between REITs and real estate crowdfunding? Well, you are in the right place for this. Maybe you are a real estate investor who wants to expand his or her portfolio of properties. Or you might be someone new to the world of real estate.

Real estate is a great business and you can profit from it. We will let you know about the differences between REITs and real estate crowdfunding. This will allow you to have peace of mind knowing that you will be making the right decision about where to look at from now on.

What is real estate crowdfunding?

Real estate crowdfunding is just a method to raise capital to accomplish any real estate project out there. You will manage to invest in a wide array of properties. And you will not have to deal with any sort of mortgage broker, contractor, or real estate agent out there.

You will not have to deal with the hassle of raising money because the crowdfunding platform will take care of this. This is a great thing because you will have time to focus on what matters in your business rather than dealing with raising capital for the project at all times.

The crowdfunding will handle the successful completion of the project too. You do not have to fix and flip homes on your own because the crowdfunding platform will be your best friend at all times too. Gaining a great ROI is easier when you harness the power of a real estate crowdfunding project.

The famous real estate crowdfunding world will allow you to get access to the world of real estate without having any sort of business connection. If you are an investor, a real estate crowdfunding project is the ideal vehicle to make money too.

You will also have a voice when it comes to the development process if you harness the power of real estate crowdfunding these days too. Do this and have fun in the world of real estate investments too. You will have also a lot of options when it comes to price points and things like that too.

What is a REIT?

REIT stands for a real estate investment trust. These are companies that finance or own any sort of income-producing real estate. They do business in a wide array of sectors, and you can find them everywhere in the real estate world too.

But these firms need to meet certain requirements so they can operate successfully. You have to know that most of the trade on a wide array of stock exchanges, and this speaks for itself about the power that these companies have these days too.

REITs offer a wide array of benefits to investors, and that is one of the things that you need to consider when you take a look at these things these days too. These types of companies can also operate income-producing real estate firms down the road too.

If you want to own valuable real estate, REITs will give you the chance you want to get at all times too. You will be getting a dividend-based income and huge total returns, which is truly awesome for any investor out there too. If you want to help a wealth of communities revitalize, thrive, and grow, then REITs are the way to go too.

You will manage to invest in a wide array of portfolios of the important real estate world. And you will do this in the same fashion as you do with other types of investments such as stocks and ETFs out there.

Remember that a real estate crowdfunding project will allow you to raise the capital you need for your project without the hassle of dealing with tons of actors in the world of real estate. This will allow you to focus your attention on making things happen in your business down the line too.

REITs are excellent investment vehicles for any real estate investor out there. If you want to help a lot of communities thrive, REITs are the way to go. You will be an investment in income-producing real estate, and this will allow you to have peace of mind when it comes to investing too. These are the investment vehicles that you need to use if you want to take your investments to a new level too.

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