Investown vs Fingood — comparison of investment platforms (April 2023)

Both platforms make investing available to both moveable investors and ordinary people who do not have millions in their accounts and do not want to depend solely on their monthly income from employment, which is eaten up by inflation.

Investown and Fingood are investment platforms operating on principle crowdfunding. While Investown focuses on investing in loans secured by real estate, Fingood offers investing in SME secured loans.

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Investown Platform Review

Investown is a Czech online platform with which ordinary people invest in real estate (loans secured by real estate), from small amounts. Investors can invest from 500 CZK and they choose which projects they will value their money in. From your investments for the long term collect stable interest.

Investown is the only Czech microinvestment platform completely free of charge It is based on maximum investment security. To her co-owners include Seed Starter Česká spořitelna.

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Benefits of Investown

• No account or investment fees

• Bank level of investment security

• Easy to invest from 500 CZK

• Long-term stable return on investment

• The fastest interest from all investment platforms in the Czech Republic. The investor can receive the first return within 2 weeks after the successful investment of the project. (i.e. within 3 days of switching to status Disbursement of proceeds).

• Clear, intuitive and user-friendly mobile app

• Premium Membership Option (Premium Investment Opportunities)

• The co-owner of Investown is Seed Starter of Česká spořitelna

• Ability to invest in several projects at once

• Ideal for both ordinary and conservative investors

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Disadvantages of Investown

• Investment projects are quickly invested because there is a lot of interest among investors
• It is not yet possible to invest in euros (Investown plans to invest in euros in the future)

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Investown v. Fingood
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Fingood Platform Review

Fingood is a Czech online platform with which it is possible from CZK 1,000 to invest in secured loans of small and medium-sized companies with a history. Investors receive interest on investments, and firms, thanks to the money collected from investors, receive money to develop their business.

It is a user-friendly platform, which, however, does not allow investing via a mobile app and charges investors a fee of 9% of the return. Investors value their finances in local projects that they choose themselves from the offerings on the platform.

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Advantages of Fingood

• Easy to invest from 1 000 CZK

• Possibility of investing in loans of small and medium-sized companies with an interesting valuation

• Long-term stable return on investment

• Suitable for both ordinary and conservative investors

• Ability to invest in several projects at once

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Disadvantages of Fingood

• 9% fee on investment income

• Does not allow early withdrawal from investments

• It does not have a mobile application through which to invest

• You cannot sell investments on the secondary market (i.e. to other users)

• Average quick return on investment (maximum within 2 months of sending money)

• Low level of investment security

• Does not have online customer support

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7 points in which Investown is better than Fingood

You want to start investing in real estate and to get a stable and long-term return on your investments? We tell you 7 reasons to get down to business with Investown. At these points Investown overtakes the platform Fingood.

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No account or investment fees

Investown is the only Czech microinvestment platform does not charge any fees for keeping an account or investing. Thus, investors receive the entire agreed return on investments. Other investment platforms also charge a 9% fee on the return.

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Extraordinarily fast interest

On other platforms, investors have to wait an average of 30 days for the first returns, at Investown they can receive them within 3 days of switching to status Disbursement of proceeds, that is, within about a week of receiving the target amount of the project (on average, within 2 weeks). This is the fastest interest payment of all investment platforms in the Czech Republic.

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Bank level of security

In order for investors to take as little risk as possible, Investown provides a bank level of security in case the creditor stops repaying. Security at Investown always has at least two levels:

1. Pledge on the property of the creditor

2. Personal liability of the executive

Investown thus has effective ways to enforce commitments. For details on investment security at Investown, see hereunder.

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Investing from 500 CZK

It is possible to value money on Investown from five hundred dollars. Investors do not need to have millions in accounts and can build their portfolio in small amounts.

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Clear and user-friendly application

Investing on Investown is also easy thanks to simple and user-friendly mobile app. New investors are easy to navigate in it and can start investing in specific projects in a matter of moments.

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Possibility of early withdrawal from the investment

When an investor invests money in Investown, he can withdraw from the investment early at any time. In the secondary market, it will simply offer it for sale to other users.

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High rankings in both App Store and Google Play

Investown earned a 4.3 star rating from users in Google reviews and a lot of positive comments. It received a 4.6 star rating on the App Store and 4.4 on Google Play.

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Comparison Result — Investown vs. Fingood

Both Investown and Fingood are modern investment platforms for ordinary investors. Both allow investments in secured loans from as little as a few hundred crowns. While Fingood charges its investors a 9% fee on the return on investment, Investing and maintaining an account is free of charge at Investown.

At the same time, Investown allows the sale of investments on the secondary market, as well as investments from 500 CZK. Compared to Fingood, Investown boasts an exceptionally fast return on investment, a sophisticated mobile application, online customer support and higher user ratings.