Žltý melón is a peer-to-peer lending platform based in Slovakia. It connects individual investors with borrowers, allowing users to lend money directly to others without traditional financial intermediaries. The platform offers a variety of investment opportunities, enabling investors to diversify their portfolios and potentially earn higher returns. It emphasizes transparency and provides detailed information about each loan and borrower to help investors make informed decisions.
Key numbers
Who can invest?
How it works
Investeira about the project
Citizens of any country covered by SEPA (Single Euro Payments Area) may invest on Žltý melón; provided they are over 18 years old, have full legal capacity, and have a bank account in one of the SEPA countries. The countries covered by SEPA included all EU countries (Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, the Netherlands, Croatia, Ireland, Latvia, Lithuania, Luxembourg, Hungary, Malta, Poland, Portugal, Romania, Slovakia, Slovenia, United Kingdom of Great Britain and Northern Ireland, Spain, Sweden, and Italy), as well as other EEA countries (Iceland, Liechtenstein, Norway, Switzerland and Monaco).
- Specialisation: P2P lending, personal loans, standard loans, repayment loans
- Maximal observed interest rate: 28%
- Average rate: 11%
- Minimum investment amount: 25€
- Average terms: 36 months
- Currencies supported: €
- Foundation year: 2011
- Commission: 1%
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Instruction:
Account Setup
- Go to the Žltý melón website: zltymelon.sk.
- Click on «PRIHLÁSIŤ SA» (Log In) at the top right corner.
- On the login page, click «Zaregistrujte sa» (Register).
- Fill out the registration form with the required personal information.
- Follow the prompts to complete your registration, including email verification and setting up your profile.
Investment Process
Investment Selection: After registration, you can browse through various loan listings. Each listing includes details about the borrower, the purpose of the loan, and the borrower’s credit rating. This information helps you assess the risk and potential return of each investment.
Funding Loans: You can start investing with as little as €25. This low entry point allows you to diversify your investments across multiple loans, reducing the risk associated with defaults. You choose the loans you want to fund based on your risk tolerance and return expectations.
Returns: You earn returns through monthly repayments from borrowers, which include both principal and interest. The average net return on Žltý Melón is around 7% annually, although this can vary depending on the loans you choose.
Platform Features
Automated Investing: For convenience, Žltý Melón offers an automated investment option. You set specific criteria for loans, and the platform automatically allocates your funds to loans that match these criteria.
Secondary Market: If you need to access your funds before the loan term ends, you can sell your loan investments on the secondary market. This feature provides liquidity and flexibility, which is often a limitation in P2P lending.
Security: The platform provides detailed statistics on loan performance and borrower information. Žltý Melón follows strict security protocols to protect your data and investments.
Contact
Contact form