Fast Invest Review

Fast Invest is a peer to peer lending marketplace founded in 2015.

We will not recommend Fast Invest due to the questionable track record of the platform.

Pro’s

  • High interest rates

Cons

  • Lack of transparency
  • No secondary market
  • Inconsistent information on their website

Providing false information to investors

First of all, Fast Invest is telling their investors that their head quarters are located in the United Kingdom. Weirdly enough, they don’t accept any U.K. investors, which doesn’t make any sense. After some digging on LinkedIn, you can see that their employees are working out of Lithuania. According to Company House, they are indeed registered on an address in London.

In the ‘People’ tab, you can click on ‘Persons with significant control’, it will show that 75% of the shares are owned by Fast Invest LLC. However, this is not the same Fast Invest Ltd that is registered in the United Kingdom. Previously 75% of the shares were owned by Fast Invest Aps in Denmark, which ceased on January 16, 2017. It simply confirms that Fast Invest is indeed making false claims.

The satellite offices are questionable for a company of the size of Fast Invest. Are they just over inflating what they are? It would be believable if loans were being offered from Italy or if any employees were working from Italy, but they are not.

When we look on TrustPilot, we can tell some of the reviews have been fabricated. Some of these reviews appear short, random and to be published in batches few days in a row. We can easily tell which reviews are real and which ones aren’t.

Screenshots

The side panel is not fun to use.
The side panel is not fun to use.
Simple account overview, but lacking key information and statistics.
Simple account overview, but lacking key information and statistics.
The statistics screen is outdated. In 2019, we're still waiting for 2018.
The statistics screen is outdated. In 2019, we’re still waiting for 2018.

Registration

Interested readers can go to Fast Invest’s website here and open an account.

Your capital is at risk. Expat Fire is not responsible for any capital loss that may incur.