Tribe Funding Review 2022

Is Tribe Funding a great crowdfunding marketplace? Find out in our Tribe Funding review below:

Tribe Funding

Pros:

  • Zero fees for investors
  • Great for diversification

Cons:

  • No secondary market
  • Auto-invest isn’t available
  • Short track record

Review summary:

Tribe Funding is an excellent choice for investors looking to gain access to a large number of projects in one simple marketplace. You can get a return of up to 14% on the crowdfunding marketplace. Tribe Funding is a new marketplace with a short track record. It misses features like auto-invest and a secondary market for an early exit. Other than that, Tribe Funding seems like a great crowdfunding marketplace.

It’s free to use the platform.

Last updated: August 17, 2022

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Introduction to our Tribe Funding review

Are you considering investing via TribeFunding? Then read on. We’ve written this tribefunding.eu review to help investors determine if Tribe Funding is the right choice for them.

Below you will find an overview of the things that we will discuss more in detail in this Tribe Funding review. Simply click on the links to jump directly to the thing you want to know more about.

Learn about this in our Tribe Funding review:

What is Tribe Funding?

Tribe Funding is a crowdfunding marketplace. On the marketplace, you get access to investment deals from over 10 crowdfunding platforms in one place.

The deals are sourced from platforms like LANDE, Max Crowdfund, and Heavy Finance. Investments on the platform look like this:

Tribe Funding marketplace

The company behind the platform, TRIBE FUNDING OÜ, is based in Tallinn, Estonia. TRIBE FUNDING OÜ was founded in April 2020. The marketplace launched in October 2021.

Since then, Tribe Funding has continued to grow and more investors have joined the platform. On the marketplace, users can invest in loans with interest as high as 14%.

With as little as €100, you can start investing on https://tribefunding.eu/.

Tribe Funding statistics:

Founded:2020
Loan Type:Multiple
Loan Period:1 – 60 Months
Loans Funded:€ 37.500.000 +
Tribe Users:100 +
Minimum Investment:€ 100
Maximum Investment:Unlimited
Tribe Interest Rate:9.20%
Loss of Investors’ Money:0%

How Tribe Funding works:

Tribe Funding does for crowdfunding what Amazon did for retailers and Booking.com did for hotels.

They basically collect deals from some of the best crowdfunding platforms into one marketplace.

This makes it easier for investors to find the best deals by just going to one marketplace instead of multiple different platforms.

How Tribe Funding works is illustrated below:

How Tribe Funding works

Frequently asked questions:

Crowdfunding is a great alternative to investments like real estate, stocks, bonds, etc. This is due to the fact that crowdfunding can provide further diversification to your overall investment portfolio while offering higher historical returns than traditional investments. In recent years it has not been unusual to see stable returns of over 10% annually.

All investing includes risks. However, Tribe Funding has done a lot of effort to make investments on its platform as safe as possible. In our Tribe Funding review, you can learn more about platform safety in this section.

Tribe Funding is still a very young company without much financial history. We haven’t been able to find any publicly available financial reports to verify if Tribe Funding is profitable. With that said, we hope to see publicly available annual reports on the marketplace as the company matures.

  1. Register here.
  2. Transfer money to your account.
  3. Invest in projects on Tribe Funding.
  4. Log in to your account from time to time to check on your investments.

Key features

We have already taken a look at some of the reasons why Tribe Funding has become a popular choice among both project originators and investors.

In the following part of our Tribe Funding review, we take a closer look at some of the key features that make it nice to invest via the marketplace:

1. Tribe Funding bonus

Tribe Funding offers a +0.5% bonus for 90 days after signing up using an affiliate link. The cashback bonus is only for new investors.

To get the Tribe Funding bonus, all you have to do is click the green button below (no referral or promo code needed):

Who can use Tribe Funding?

Both individuals and companies can invest via Tribe Funding.

Individuals

If you want to invest as an individual, you must at least meet the following requirements:

  • Being at least 18 years old
  • Living in the European Economic Area (EEA)
  • Having a bank account in the EEA

If you live up to these requirements, then you can probably start investing via the platform.

Companies

If you have a company, you can also use it to invest via Tribe Funding. When registering an account you simply have to select that you are signing up as a “Company”. Then you just have to follow the instructions on the screen to complete the registration.

Available countries

It is only possible to invest via Tribe Funding if you live in the European Economic Area.

If you are looking for a crowdfunding platform that is available outside of Europe, you should check out Lendermarket, EstateGuru, Mintos, or Bondster.

How safe is Tribe Funding?

To determine if Tribe Funding is safe, we have taken a look at some of the potential upsides and downsides of investing via the crowdfunding marketplace in the following part of our Tribe Funding review.

1. Tribe Funding profitability

Tribe Funding is still a very young company without much financial history.

We haven’t been able to find any publicly available financial reports to verify if Tribe Funding is profitable.

With that said, we hope to see publicly available annual reports on the marketplace as the company matures.

2. Main risks

In the following, we go through some of the main risks of using Tribe Funding that we have considered:

Tribe Funding bankruptcy risk

There is always the risk of TRIBE FUNDING OÜ going bankrupt.

Tribe Funding protects you against this risk by keeping your money separated from the company’s own funds. This means that if Tribe Funding goes bankrupt, you will still have access to your funds.

In regard to your investments, an administrator will be appointed to handle all investments on the marketplace.

Financial turndown risk

As crowdfunding is a newer thing in the investment world, it can be difficult to predict how a financial turndown would affect this type of investment. As a starting point, it is, therefore, a really bad idea to invest your entire investment portfolio in crowdfunding.

Therefore, many investors also choose to diversify into more traditional forms of investment such as equities, bonds, and traditional real estate.

Since investing is an individual thing, we obviously do not know what will be best for you. But if you put together your investment portfolio, make sure that it reflects your knowledge of the investments in it, as well as your own risk appetite. If in doubt about how to do so, make sure to seek help from a professional investment planner.

Is Tribe Funding safe?

How you use Tribe Funding is very important for how safe it will be to use the marketplace.

For example, it is a good idea to invest in many projects from different deal partners to get proper diversification.

Since the project originates from other crowdfunding platforms, we encourage you to also learn how the individual platform handles safety.

Our experience with Tribe Funding

Tribe Funding is an easy-to-use marketplace for crowdfunding.

The idea behind Tribe Funding is excellent and is also seen for real estate with EvoEstate.

Most of the deal partners on Tribe Funding seem solid and are also highly rated on Trustpilot.

The only things we are missing are an auto-investment feature and a secondary market.

Tribe Funding reviews on Trustpilot

Trustpilot is a great place to learn what other investors think about Tribe Funding. We have collected some relevant Tribe Funding reviews from Trustpilot for you to take a closer look at:

5-star Tribe Funding review on Trustpilot

Best Tribe Funding alternatives

Not sure Tribe Funding is the right choice for you? Then there are also some good Tribe Funding alternatives to consider. The following are some of our favorites:

Even if you use Tribe Funding, it might actually be a good idea to take a closer look at some of the above platforms. By using more than one of the best P2P lending platforms in Europe, you can reduce your platform risk and get a more diversified investment portfolio.

Conclusion of our Tribe Funding review

Tribe Funding is an excellent choice for investors seeking to get access to a large number of crowdfunding projects in one simple marketplace.

The return on Tribe Funding is high, with an interest rate of up to 14%. This will, of course, depend on the projects you choose to invest in.

The main advantage of the Tribe Funding marketplace is that it is easy to access projects from many different project dealers.

Tribe Funding is missing features like auto-invest and a secondary market for exiting investments early. This might be a deal breaker for some investors.

Overall, Tribe Funding seems like a great marketplace for crowdfunding.