Crowdlending gathered a crowd – Newspaper Kommersant No. 6 (7451) dated 01/16/2023

According to the results of December 2022, the volume of the crowdlending market reached 1.6 billion rubles, having increased by 40% year-on-year, although in July the figure was less than a billion, follows from the materials of the Money Friends company, which Kommersant has read. We are talking about a way to raise funds in a business using specialized Internet sites. Money can be borrowed, exchanged for a share of future profits. Funds are provided by investors – citizens or legal entities. 64 investment platform operators are registered in the register of the Central Bank.

Against the background of the unstable economic situation in the country and difficulties in accessing foreign instruments, Russian investors are increasingly interested in crowdlending, Timur Ksenz, CEO of Money Friends, says: “The domestic bond market gave a yield of no more than 10%, with inflation of about 12%. Crowdlending, on the other hand, provides an average market return of about 15% per annum after all deductions.” In 2023, according to Mr. Ksenz, the growth could be up to 50%. Market participants believe that the market will be restrained mainly by regulatory factors, as well as a general decline in investment activity against the backdrop of the crisis.