My P2P Investment Performance 2024

My investments are still on the same three peer-to-peer (P2P) lending platforms: Capsphere, Fundaztic, and Funding Societies Malaysia. The results are as on 30 September 2024. In this article, I am going to follow the formulae of the previous year which you can see down here.

Total return = Total received profit ÷ Total capital employed

Annualised return = (1 + total return)^(1/N) – 1

where N is the years of investment

Default rate = Total default remaining principal ÷ Total invested amount

Capsphere

My investment started in September 2020. My total return from this platform is 41.45% (2023: 29.17%) and my annualised return is 9.06% (2023: 8.91%). There is an addition of defaulted note from 3 to 4 and my current default rate is 1.90% (2023: 0.83%).

Fundaztic

This is the seventh year since I started my investment on this platform.

My total return on Fundaztic equals to 154.33% (2023: 136.11%). This translates to an annualised return of 14.27% (2023: 15.39%). My default rate is 14.69% (2023: 14.80%), including write-off.

Funding Societies Malaysia

This is my first P2P lending platform. I started investing here since June 2017.

My total return on this platform is 61.07% (2023: 51.18%). It is equal to an annualised return of 7.05% (2023: 7.13%). The annualised return has dropped again compared to last year. My default rate on Funding Societies Malaysia has decreased to 2.14% (2023: 2.47%).

Conclusion

To simplify the comparison, I am going to put the returns and default rates in the table below.

Platform	Total Return	Annualised Return	Default Rate
Capsphere	41.45% ↑	9.06% ↑	1.90% ↑
Fundaztic	154.33% ↑	14.27% ↓	14.69% ↓
Funding Societies Malaysia	61.07% ↑	7.05% ↓	2.14% ↓

Other than Capsphere, my annualised returns in the other two platforms have decreased. Nonetheless, the returns on these P2P lending platforms are still better than the ASNB fixed-price funds. My total return from P2P lending platforms is 68.51% (2023: 57.06%), roughly equals to annualised return of 7.74% (2023: 7.81%).

My auto-investment is still activated on Capsphere only. For Funding Societies, I only invest in notes with interest rate of at least 9%. Though I have wanted to start to reinvest in Fundaztic, I did not invest in much notes in the past year. Maybe that is the reason the annualised return went down.

For now, I am still going to continue my investment on these three platforms. I think I will finally start to deploy the cash in Fundaztic. Let’s see how it goes in my next review.

Referral link

Below are the referral links to Capsphere and Funding Societies. By clicking on this link, I may gain referral reward from your registration with the platform. If you think I have done a good service in explaining the topic, please click on the link below if you have interest to register. Otherwise, you can always search Capsphere or Funding Societies Malaysia with Google and register yourself.

Capsphere: Link here – I might get RM 50 if you register and invest through this link.

Funding Societies Malaysia: Link here – If you register and invest through this link, both of us will get RM 30*.

*Terms and conditions apply.