Moncera.com Review

Based on checking the website Moncera.com, it operates as a peer-to-peer P2P lending platform where individuals can invest in loans and earn a profit, advertised as “up to 12%.” The platform emphasizes features like a “buyback guarantee,” a low €10 entry point, and no commissions.

However, for those seeking to align their financial activities with ethical principles, particularly those rooted in Islamic finance, platforms like Moncera.com raise significant concerns.

The core model of earning fixed “interest” on loans Riba is explicitly prohibited in Islamic teachings, making such investments impermissible.

While the site highlights benefits like “passive income” and “beating the banks,” these are fundamentally at odds with Sharia-compliant financial practices that prioritize equity, risk-sharing, and asset-backed transactions over interest-based lending.

Here’s an overall review summary of Moncera.com:

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• Business Model: Peer-to-peer lending platform.
• Advertised Returns: Up to 12% interest.
• Key Features: Buyback guarantee, €10 minimum investment, no commissions.
• Ethical Concerns Islamic Finance: Directly involves Riba interest, which is forbidden. The entire premise of earning fixed returns on loans without genuine risk-sharing is problematic.
• Transparency: Provides links to Placet Group’s financial figures and presentations, which is a positive for general transparency, but does not address the ethical nature of the underlying business.
• Accessibility: Offers a low entry point, making it accessible to small investors.
• User Interface: Appears straightforward with clear navigation.
• Overall Recommendation: Not recommended for individuals seeking Sharia-compliant investment opportunities due to its reliance on interest-based transactions.

For those committed to ethical financial practices, especially within an Islamic framework, it’s crucial to steer clear of platforms that engage in interest-based lending.

The promise of “easy profit” through fixed interest payments, while superficially appealing, carries significant ethical weight.

Instead, focus on investment avenues that promote real economic activity, shared risk, and asset-backed transactions.

Here are seven ethical alternatives that are non-edible and generally available globally, focusing on tangible assets or services rather than interest-based financial instruments:

• Islamic Art & Calligraphy
  • Key Features: Hand-crafted, aesthetically pleasing, culturally significant. Can range from framed prints to intricate metalwork or wooden carvings.
  • Average Price: Varies widely, from $20 for small prints to thousands for unique pieces.
  • Pros: Promotes cultural heritage, serves as a beautiful home decor item, can appreciate in value, permissible income stream for artists.
  • Cons: Market can be niche, authenticity can be a concern for high-value items.
• Ethical Beauty & Personal Care Products
  • Key Features: Halal-certified ingredients, cruelty-free, often organic or natural, focuses on well-being and permissible self-care. Examples include natural soaps, perfumes, or skincare.
  • Average Price: $10-$50 per item, depending on the product and brand.
  • Pros: Supports ethical production, beneficial for personal hygiene and appearance within permissible bounds, growing market.
  • Cons: Can be more expensive than conventional alternatives, availability of certified halal options may vary by region.
• Sustainable & Ethical Home Goods
  • Key Features: Products made from sustainable materials, fair trade certified, focuses on minimalist and functional designs. Examples include organic cotton towels, bamboo kitchenware, or recycled glass decor.
  • Average Price: $15-$100+, depending on the item.
  • Pros: Environmentally friendly, supports fair labor practices, aligns with responsible consumption, durable.
  • Cons: Higher initial cost, limited design variety compared to mass-produced goods.
• Educational & Islamic Books
  • Key Features: Covers a wide range of topics from religious studies, history, self-improvement, to children’s literature. Focus on beneficial knowledge.
  • Average Price: $5-$30 per book.
  • Pros: Promotes knowledge and intellectual growth, wide variety of subjects, can be a lasting personal asset or gift.
  • Cons: Requires time for reading, not a direct investment but an investment in oneself.
• High-Quality Modest Apparel & Accessories
  • Key Features: Designed for modesty, often with quality fabrics and craftsmanship. Includes items like scarves, abayas for women, or thobes for men, and non-flashy, practical accessories.
  • Average Price: $30-$200+, depending on the garment and brand.
  • Pros: Supports adherence to religious values, often durable and comfortable, growing demand for stylish modest wear.
  • Cons: Can be more specialized in design, may require careful sizing.
• Eco-Friendly Tech Accessories
  • Key Features: Phone cases, laptop sleeves, or chargers made from recycled or sustainable materials. Focus on durability and minimal environmental impact.
  • Average Price: $15-$60.
  • Pros: Reduces environmental footprint, often durable and well-designed, practical for daily use.
  • Cons: Limited range compared to conventional tech accessories, can be slightly pricier.
• Fitness Equipment for Home Use
  • Key Features: Basic, compact equipment for personal health and well-being. Examples include resistance bands, yoga mats, or small weights.
  • Average Price: $20-$150.
  • Pros: Promotes physical health, convenient for home workouts, long-term health benefits.
  • Cons: Requires discipline to use consistently, larger items can take up space.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Moncera.com Review & First Look: Unpacking the Peer-to-Peer Lending Model

Based on a close examination of Moncera.com’s homepage, the platform positions itself as a straightforward gateway to passive income through peer-to-peer P2P lending.

They promise investors the ability to “invest in loans and earn profit,” with an enticing “up to 12%” interest.

For anyone new to P2P lending, this might sound like a dream come true – high returns, low entry barriers, and minimal effort.

However, it’s crucial to understand the underlying mechanics and, more importantly, the ethical implications, especially from a perspective that values financial integrity.

Understanding the P2P Lending Mechanism on Moncera.com

Moncera.com acts as an intermediary, connecting investors with borrowers.

The platform’s pitch is simple: you put your money in, it’s lent out, and you get a slice of the repayments, plus interest.

They highlight “buyback guaranteed loans,” which means if a borrower defaults, the loan originator the entity that issued the loan is supposed to buy back the defaulted loan from the investor.

This is a common feature in many P2P platforms designed to mitigate investor risk.

• Investor’s Role: Provide capital to be lent out to borrowers.
• Borrower’s Role: Receive loans, ostensibly to “fulfil their hopes and dreams,” and make repayments.
• Moncera’s Role: Facilitates the connection, handles payments, and conducts “thorough loan analysis.”
• Loan Originators: These are the third-party companies that actually issue the loans. Moncera states they ensure the “obligations of the Buyback Guarantee are fulfilled.”

The Appeal of “Passive Income” and High Returns

Moncera’s primary draw is the promise of “passive income” and “beating the banks” with an average interest rate of 10.4%. In a world where traditional savings accounts yield minimal returns, the idea of earning double-digit percentages without actively managing a business or trade is undoubtedly appealing.

They claim “no commissions” for investors and a low €10 entry point, making it accessible to a wide audience.

• Average Interest: 10.4%.
• Minimum Investment: €10.
• Investor Statistics: Over 4250+ trusting investors, €2.49M interest paid, €54.79M funded loans. These figures are presented to instill confidence and demonstrate traction.

However, high returns always come with high risk, even with “buyback guarantees.” The guarantee is only as good as the financial stability of the loan originator and the platform itself.

Economic downturns or liquidity issues can severely impact such guarantees.

Moncera.com Cons: The Ethical Red Flags and Inherent Risks

While Moncera.com attempts to paint a picture of effortless wealth generation, a deeper look reveals significant drawbacks, particularly when viewed through the lens of ethical finance.

The platform’s reliance on interest-based lending Riba is the primary concern, rendering it incompatible with principles that prioritize justice, equity, and asset-backed transactions.

Beyond the ethical dimension, there are inherent financial risks common to all P2P lending models that Moncera, despite its assurances, cannot fully eliminate.

The Problem of Riba Interest in Lending

The most critical ethical red flag for Moncera.com is its core business model: investing in loans to earn “interest.” In ethical frameworks, particularly Islamic finance, the charging and receiving of interest Riba is strictly prohibited. This isn’t merely a minor detail. it’s a fundamental pillar.

• Fixed Returns Without Risk: The promise of a guaranteed or fixed return on money lent, without the investor sharing in the actual business risk of the borrower, is the essence of Riba. In ethical finance, profit should be earned through legitimate trade, partnership, or effort, where both parties share in potential gains and losses.
• Exploitative Nature: Historically, interest has been seen as a mechanism that can exacerbate inequality, benefiting the wealthy at the expense of the needy. It allows money to make more money without tangible economic activity, which is considered unproductive and potentially harmful.
• Lack of Real Economic Activity: While loans facilitate economic activity, the earning of a fixed percentage on that loan, regardless of the borrower’s success or failure, detaches the investor from the real economy. Ethical finance encourages direct participation in productive ventures.
• No Asset Backing: The investment is in debt, not in a tangible asset or a share of a business. This lack of asset backing further separates the investment from real economic value creation.

Inherent Financial Risks Even with Guarantees

Even setting aside the ethical concerns, P2P lending platforms, including Moncera.com, carry significant financial risks that are often downplayed by the allure of high returns.

• Loan Originator Risk: Moncera’s “buyback guarantee” relies entirely on the financial health and integrity of the “Loan Originators.” If an originator faces financial difficulties or bankruptcy, their ability to fulfill the buyback obligation is compromised, leaving investors exposed.
• Platform Risk: The platform itself Moncera could face operational issues, cybersecurity breaches, or even go bankrupt. While they are owned by Placet Group, the overall stability of the group is paramount.
• Liquidity Risk: Although Moncera mentions “one-click exit,” liquidating investments in P2P loans might not always be instantaneous, especially in periods of low demand or economic stress. Your capital might be tied up longer than anticipated.
• Credit Risk of Borrowers: Despite Moncera’s claim of “thorough loan analysis,” there’s always a risk that borrowers default. While the buyback guarantee aims to cover this, it’s a secondary protection layer, not an elimination of the underlying risk.

Lack of Focus on Productive Investment

From an ethical standpoint, investments should ideally contribute to societal well-being and productive economic growth.

Investing in P2P loans, particularly consumer loans, may not always align with this.

• Consumer Debt: Many P2P loans are for consumer purposes, potentially contributing to individuals taking on more debt rather than facilitating productive business ventures.
• Detached from Real Economy: The mechanism of simply earning interest on money disconnects the investor from the real economic impact of their funds. There’s no direct involvement in entrepreneurship, manufacturing, or service provision that creates tangible value.

In summary, while Moncera.com offers an avenue for “passive income” through interest-based lending, its model is inherently problematic from an ethical financial perspective.

The risks, both ethical and financial, far outweigh the speculative promise of high returns for those seeking genuinely beneficial and permissible avenues for wealth growth.

Ethical Alternatives: Building Wealth Through Permissible Channels

Given the serious ethical concerns surrounding interest-based platforms like Moncera.com, it becomes imperative to explore investment and wealth-building avenues that align with principles of justice, equity, and genuine value creation.

The good news is that numerous permissible and often more sustainable alternatives exist for those committed to ethical finance.

These alternatives focus on real economic activity, risk-sharing, and tangible assets, ensuring that wealth is generated through legitimate means.

Direct Equity Investment in Ethical Businesses

Instead of lending money for interest, investing directly in the equity of businesses is a permissible and often highly rewarding avenue.

This involves buying shares or ownership stakes in companies that operate ethically and produce permissible goods or services.

• Publicly Traded Companies: Invest in shares of companies listed on stock exchanges that meet ethical screening criteria e.g., no involvement in alcohol, gambling, interest-based finance, or other prohibited activities. This often involves using a reputable brokerage firm that offers Sharia-compliant funds or allows for self-screening.
• Private Businesses/Startups: For those with higher risk tolerance and more capital, investing directly in small businesses or startups can be highly impactful. This often takes the form of profit-sharing partnerships Mudarabah or joint ventures Musharakah, where both capital and expertise are pooled, and profits/losses are shared.
  • Examples: Investing in a local bakery, a tech startup developing educational apps, an organic farm, or a sustainable clothing brand.
• Crowdfunding Platforms Equity-Based: Some crowdfunding platforms facilitate equity investments in startups and small businesses, allowing multiple investors to collectively fund a venture in exchange for ownership stakes. It’s crucial to vet these platforms to ensure the underlying businesses are permissible.

Real Estate Investment

Investing in real estate is a widely accepted and often stable form of wealth accumulation, as it involves tangible assets.

• Direct Property Purchase: Buying residential or commercial properties to rent out provides rental income, which is a permissible form of profit derived from asset utilization. Property appreciation also adds to wealth.
• Real Estate Investment Trusts REITs: For those who prefer indirect exposure to real estate without the direct management burden, ethically screened REITs can be an option. These funds invest in income-generating real estate.
• Property Development Ethical: Investing in the development of new, ethically sound residential or commercial properties, such as affordable housing or community-centric spaces, can be a way to generate wealth while contributing positively to society.

Commodity Trading Physical

Trading in physical commodities e.g., precious metals, agricultural products where actual ownership and delivery occur is permissible, distinguishing it from speculative or interest-based financial derivatives.

• Gold and Silver: Investing in physical gold and silver bullion or coins has historically been a hedge against inflation and a store of value. It’s crucial to ensure direct ownership and possession or a clear right to possession to avoid interest-based structures.
• Agricultural Products: Investing in the physical production and trade of permissible agricultural goods, such as dates, olives, or various crops, can align with ethical principles.

Ethical Funds and Sukuk Islamic Bonds

For diversified and professionally managed investments, ethical funds and Sukuk offer Sharia-compliant options.

• Islamic Mutual Funds/ETFs: These funds invest in a diversified portfolio of publicly traded companies that have been screened for Sharia compliance. They avoid industries like alcohol, tobacco, gambling, conventional finance, and ensure that a company’s debt-to-equity ratios are within permissible limits.
• Sukuk: Often referred to as “Islamic bonds,” Sukuk are asset-backed securities that represent an ownership share in a tangible asset or a project, rather than a debt obligation. Returns are derived from the performance of the underlying asset, not from interest.

Microfinance Ethical, Non-Interest Based

Supporting ethical microfinance initiatives that provide interest-free loans Qard Hasan or equity-based financing to low-income individuals or small businesses can be a powerful way to contribute to economic empowerment.

• Qard Hasan: This involves providing benevolent, interest-free loans to those in need. While not a direct “investment” in the traditional sense of yielding profit, it is a highly meritorious act that can have significant social impact.
• Equity-Based Microfinance: Some ethical microfinance institutions engage in profit-sharing arrangements with entrepreneurs, where the financial institution shares in the risk and reward of the business.

These alternatives highlight that generating wealth ethically is not only possible but can lead to more stable and socially responsible outcomes.

The key lies in understanding the true nature of the transaction: is it based on interest, or is it based on genuine risk-sharing, productive activity, and tangible assets?

How to Avoid Similar Unethical Platforms

Recognize the Signs of Interest-Based Lending

The most crucial step is to be able to identify interest Riba in its various forms.

It often disguises itself behind terms like “profit,” “yield,” or “return.”

• Fixed or Guaranteed Returns on Loans: If a platform promises a fixed percentage return on your investment in loans, regardless of the borrower’s actual profitability or the project’s success, that’s a strong indicator of Riba. Legitimate ethical investments involve shared risk and variable returns based on actual performance.
• “Interest Paid” Terminology: Direct use of terms like “interest paid to our investors” as seen on Moncera.com is a clear giveaway. While some platforms might use euphemisms, this is unambiguous.
• Lack of Tangible Asset or Business Involvement: If your investment is purely in money lending, without a direct ownership stake in a tangible asset, a business, or a profit-sharing partnership, it likely involves Riba. Ethical investments are usually linked to real economic activity.
• Buyback Guarantees on Debt: While seemingly protective, a buyback guarantee on a loan often solidifies the interest-based nature of the transaction, as it ensures a fixed return regardless of the underlying loan’s performance.

Scrutinize the “How It Works” Section

Any legitimate ethical investment platform will clearly explain how returns are generated. This section is often the most telling.

• Look for Profit-Sharing Mudarabah/Musharakah: Ethical platforms will typically describe models where investors share in the profits of a venture, and potentially the losses, proportionate to their investment. This is distinct from receiving a fixed interest payment.
• Asset-Backed Investments: They should detail how your investment is tied to a tangible asset e.g., real estate, commodities, equipment leasing or a legitimate business venture.
• Transparency on Risk-Sharing: Ethical platforms will openly discuss how risks are shared between the investor and the entrepreneur/borrower, rather than solely promising fixed returns.

Verify the Business Model and Operations

Don’t just take a platform’s word for it.

Dig deeper into their operations and financial structure.

• Underlying Business Activities: What are the loans funding? If they’re primarily consumer loans or high-interest personal loans, this raises red flags. Look for investments in productive businesses or essential services.
• Regulatory Compliance if applicable: While not a guarantee of ethical compliance, understanding their regulatory environment can provide insight into their operational standards. However, regulation alone doesn’t make an unethical model ethical.
• Sharia Compliance Certification if claiming: If a platform claims to be Sharia-compliant, look for independent certification from reputable Islamic finance scholars or institutions. Don’t rely on self-declarations. Verify the certifier’s credentials.

Prioritize Transparency and Accessibility of Information

A trustworthy platform will be transparent about its financials, its management team, and its terms and conditions.

• Clear Terms and Conditions: Read the fine print, especially sections related to returns, fees, and what happens in case of defaults.
• Audited Financials: Check for easily accessible, regularly updated, and independently audited financial statements, not just summarized figures.
• Contact Information and Customer Support: A readily available and responsive customer support system is a sign of a professional operation.

By adopting a critical and informed approach, individuals can navigate the complex world of online investments and consciously choose platforms that align with their ethical values, avoiding those that are inherently problematic due to their interest-based nature.

Moncera.com Pricing & Fee Structure Implied

Based on the information available on Moncera.com’s homepage, the platform strongly emphasizes a “no commissions” approach for investors, aiming to make it as appealing as possible.

This is a common marketing strategy for P2P lending platforms, where the focus is on attracting capital by highlighting the net returns to the investor.

However, while investors might not pay direct fees, the platform and its loan originators must generate revenue somehow.

Understanding this implied fee structure is crucial for a complete review.

“No Commissions” for Investors

Moncera explicitly states, “No commissions” under its “Our Benefits” section.

This suggests that investors will not be charged fees for:

• Depositing Funds: There are likely no fees for depositing money into their Moncera account.
• Investing in Loans: No direct commission taken from the invested amount.
• Receiving Returns: The stated interest rate up to 12%, average 10.4% is presumably what the investor receives net, without further deductions by Moncera.
• Withdrawing Funds: It’s implied there are no withdrawal fees, though this would need to be confirmed in their full terms and conditions.

This “investor-friendly” fee structure is designed to maximize the perceived return for the user, making the platform seem more attractive compared to traditional banks or investment vehicles that often have explicit management fees or transaction charges.

How Moncera and Loan Originators Generate Revenue

If investors pay “no commissions,” how does Moncera.com and its underlying Loan Originators make money? The revenue model is typically embedded in the difference between what borrowers pay and what investors receive.

• Interest Rate Spread: This is the most common mechanism. Loan Originators charge borrowers a higher interest rate than what they pay out to investors. The difference, or “spread,” is their primary source of income. For example, if a borrower is charged 15% interest on a loan, and Moncera pays investors 10.4%, the remaining 4.6% minus Moncera’s operational costs goes to the Loan Originator and the platform.

• Borrower Fees: Loan Originators may also charge various fees directly to borrowers, such as:

  • Origination Fees: A one-time fee charged when the loan is issued.
  • Late Payment Fees: Penalties for delayed repayments.
  • Loan Management Fees: Ongoing administrative fees charged to the borrower.

  These fees contribute to the overall profitability of the lending operation, allowing the Loan Originator to absorb Moncera’s operational costs and still pay the promised returns to investors while making a profit.

• Affiliate Program: Moncera also has a “Refer a Friend” program, offering “0.5% each invitee” and 1% of a friend’s deposit amount for both the referrer and the referee, over 60 days. This is a marketing expense, but it also incentivizes user growth and indirectly contributes to platform volume, from which they earn their spread.

Implications of the Fee Structure

While “no commissions” sounds appealing, it doesn’t mean the service is free.

It simply means the cost is borne by the borrower in the form of higher interest rates and fees, which are then distributed to cover the Loan Originator’s costs, Moncera’s operational expenses, and investor returns.

• Higher Costs for Borrowers: The implication is that borrowers on these platforms are likely paying significantly higher interest rates than what investors are receiving, making the overall loan more expensive for them.
• Sustainability of Returns: The sustainability of the advertised returns depends on the ability of the Loan Originators to consistently issue and collect on high-interest loans, and on the broader economic conditions supporting such lending.

For investors, understanding that their “profit” is derived from the interest charged to borrowers—a practice ethically problematic in ethical frameworks—is paramount, irrespective of whether they pay direct fees.

The fee structure merely clarifies how the interest revenue is distributed within the system.

Moncera.com vs. Ethical Investment Platforms

When evaluating Moncera.com, a direct comparison with ethical investment platforms reveals a stark contrast, not just in business model but in fundamental philosophical approach.

While Moncera.com focuses on maximizing investor returns through interest-based lending, ethical platforms prioritize adherence to moral principles, particularly the avoidance of Riba, and often emphasize social responsibility.

Moncera.com: Interest-Based Lending P2P

• Core Business Model: Facilitates peer-to-peer loans where investors earn a fixed or variable interest rate Riba on their capital.
• Primary Goal: Maximize financial returns for investors through lending.
• Risk Mitigation: Relies on “buyback guarantees” from loan originators, which, while reducing direct investor risk, are still tied to the health of the underlying interest-based debt.
• Ethical Stance: No explicit mention of ethical or socially responsible investing principles. The model is based on conventional finance.
• Transparency: Provides financial reports of its parent company, Placet Group, and statistics on funded loans and interest paid.
• Accessibility: Low entry point €10.

Ethical Investment Platforms General Characteristics

• Core Business Model: Focus on equity investments, profit-sharing partnerships, asset-backed financing, or ethical commodity trading. They avoid interest-based transactions.
• Primary Goal: Generate permissible financial returns while adhering to strict ethical guidelines. Often includes a component of positive social or environmental impact.
• Risk Mitigation: Risks are shared between investors and entrepreneurs/businesses. Returns are tied to the actual performance of the underlying asset or venture, meaning both profits and losses are shared.
• Ethical Stance: Explicitly screens investments to ensure compliance with ethical principles e.g., no involvement in alcohol, gambling, conventional banking, adult entertainment, etc.. Often aligns with Sharia compliance for Islamic finance.
• Transparency: Emphasizes transparency in how returns are generated, the nature of the underlying assets or businesses, and the ethical screening process. Independent ethical certifications are common.
• Accessibility: Varies widely. Some platforms offer micro-equity investments, while others might require higher minimums for direct asset purchases or specialized funds.

Key Differentiating Factors:

• Nature of Return:
  • Moncera.com: Fixed or promised “interest” Riba.
  • Ethical Platforms: Variable “profit share” from real economic activity or asset performance.
• Risk Sharing:
  • Moncera.com: Risk is transferred from investor to loan originator via buyback guarantee, maintaining a fixed return for the investor.
  • Ethical Platforms: Risk is shared between investor and entrepreneur/business, reflecting true partnership.
• Underlying Asset:
  • Moncera.com: Debt/loans.
  • Ethical Platforms: Tangible assets e.g., real estate, commodities, equity in permissible businesses.
• Societal Impact:
  • Moncera.com: Focus on financial returns, potentially contributing to consumer debt.
  • Ethical Platforms: Often aim for positive societal impact, supporting sustainable industries, ethical businesses, or community development.
• Ethical Compliance:
  • Moncera.com: Operates within conventional financial norms, which include interest.
  • Ethical Platforms: Designed from the ground up to be compliant with specific ethical frameworks, e.g., Sharia principles.

In essence, while Moncera.com presents a traditional P2P lending model, ethical investment platforms offer a fundamentally different approach.

The choice between them hinges on whether an investor prioritizes maximizing returns through any means including interest or seeks to build wealth in a manner that aligns with broader ethical and moral convictions, even if it means potentially different risk profiles or return structures.

For those valuing ethical finance, the latter is the only viable path.

How to Cancel Moncera.com Subscription / Account

While Moncera.com does not appear to operate on a “subscription” model in the traditional sense i.e., recurring monthly fees for access, users would need to “cancel” their account to cease investing and withdraw their funds.

The platform is designed around investment activities, so “cancellation” primarily refers to closing your investor account and liquidating your holdings.

Since direct instructions for account closure are not immediately visible on the homepage, the process typically involves contacting customer support and understanding their withdrawal and account termination policies.

Understanding the “One Click Exit” Feature

Moncera.com highlights “One click exit” as a benefit, suggesting an easy process to withdraw or disinvest.

This feature usually refers to the ability to sell off your loan parts on a secondary market or simply withdraw available funds from your account quickly.

• Liquidity: The actual speed of this “one click exit” depends on the liquidity of the secondary market if available and the availability of funds in your Moncera account. If your funds are tied up in active loans, you might need to wait for those loans to mature or find buyers for your loan parts.
• Available Funds: Funds that are not actively invested or have matured would likely be available for immediate withdrawal.

General Steps to Close an Investment Account

Based on typical practices for investment platforms, here’s how one would generally proceed to close an account like Moncera.com:

1. Log In to Your Account: Access your Moncera.com investor dashboard.
2. Withdraw All Available Funds:
   • Before closing the account, ensure all available cash in your wallet is withdrawn to your linked bank account.
   • If you have active investments loan parts, you might need to:
     • Wait for them to mature and for borrowers to repay.
     • Sell them on a secondary market if Moncera offers one and if there are buyers.
     • Check if Moncera offers an early exit option for illiquid loans, though this often comes with a discount or fee.
3. Check for Outstanding Obligations: Ensure you have no pending payments, outstanding fees though Moncera claims “no commissions”, or unresolved issues.
4. Contact Customer Support: This is typically the most direct way to initiate an account closure. Look for contact details such as:
   • Email Address: Moncera’s homepage lists [email protected]. Sending a formal email requesting account closure is often the best first step.
   • Contact Form: Many platforms have a contact form on their “Support” or “Contact Us” page.
   • Live Chat: If available, this can provide immediate guidance.
   • Phone Number: Less common for P2P platforms, but worth checking the FAQ or About sections.
5. Formal Request: Clearly state your intention to close your account. Be prepared to provide verification details e.g., account ID, personal information for security purposes.
6. Confirmation: Request a confirmation from Moncera that your account has been successfully closed and all your data as per data protection regulations will be handled appropriately.

Important Considerations

• Tax Implications: Ensure you have fulfilled all tax obligations related to the earnings generated on the platform before closing the account.
• Data Retention: Understand Moncera’s data retention policy. Even after closing an account, some financial data may be retained for regulatory compliance.
• Terms and Conditions: Always refer to the platform’s detailed “Terms and Conditions” or “User Agreement” for their specific account closure policy. This document will have the definitive instructions and any associated timelines or restrictions.

Given that Moncera.com’s homepage doesn’t detail a direct “cancel account” button, initiating the process via their official customer support email [email protected] after liquidating all investments appears to be the most logical and secure path to closing your account.

FAQ

How does Moncera.com work for investors?

Moncera.com allows individuals to invest in loans originated by various lending companies Loan Originators. Investors fund portions of these loans and earn a fixed interest rate advertised up to 12% as borrowers make repayments.

The platform handles the facilitation and analytics.

Is Moncera.com a legitimate company?

Based on the website, Moncera.com is owned by Placet Group OÜ, an Estonian company with over 15 years of experience in the financial field, operating under several brands in different markets.

They provide links to their company presentation and consolidated financials, suggesting operational legitimacy.

What is a “buyback guarantee” on Moncera.com?

A “buyback guarantee” means that if a borrower defaults on a loan e.g., misses payments for a certain period, the Loan Originator that issued the loan is obligated to buy back the defaulted loan part from the investor, often with accrued interest. This is designed to reduce investor risk.

What are the main benefits Moncera.com advertises?

Moncera.com advertises benefits such as “passive income,” a low €10 entry point, “one click exit,” “no commissions” for investors, and a “buyback guarantee.” They claim investors can “beat the banks” with high average interest rates.

What are the ethical concerns with Moncera.com?

The primary ethical concern with Moncera.com is its reliance on interest-based lending Riba. Earning fixed returns on loans, without the investor sharing in the actual business risk of the borrower, is considered impermissible in many ethical financial frameworks, particularly Islamic finance.

Does Moncera.com charge investor fees?

Moncera.com states it charges “no commissions” for investors, implying that the advertised returns are net of platform fees.

Their revenue is likely generated from the spread between what borrowers pay in interest and what investors receive, as well as potential fees charged to borrowers by Loan Originators.

Can I withdraw my money easily from Moncera.com?

Moncera.com advertises a “one click exit,” suggesting ease of withdrawal.

However, the actual liquidity depends on whether your funds are actively invested in loans or sitting as cash in your account, and if there’s a secondary market to sell loan parts.

What is Placet Group, and what is its role with Moncera.com?

Placet Group OÜ is stated as the owner of Moncera.com.

They are described as a company with extensive experience in the financial field across multiple international markets, providing the guarantee for Moncera’s success and ensuring the obligations of the Buyback Guarantee are fulfilled.

Are there risks associated with investing on Moncera.com?

Yes, despite features like the buyback guarantee, risks include Loan Originator default if they cannot fulfill the guarantee, platform risk Moncera itself could face issues, liquidity risk funds might be tied up, and regulatory changes in the P2P lending sector.

What kind of loans can I invest in on Moncera.com?

The website indicates that investors can “invest in loans,” but it does not specify the types of loans e.g., consumer loans, business loans, real estate loans on the homepage.

More details would likely be available upon logging in or navigating deeper sections of the site.

How do I close my Moncera.com account?

Moncera.com doesn’t show a direct “close account” button.

Typically, you would first withdraw all your funds, and then contact their customer support, likely via email [email protected], to formally request account closure.

Does Moncera.com offer a mobile app?

The homepage text does not indicate the availability of a dedicated mobile app.

Users would likely access the platform through their web browser.

How transparent is Moncera.com about its financial performance?

Moncera.com provides links to “Company presentation Last updated: 01.04.2022” and “Consolidated financials FY 2022 Last updated: 10.07.2023” from Placet Group, indicating a degree of transparency regarding the parent company’s financial figures.

Is Moncera.com suitable for long-term investment?

Moncera.com is presented as a platform for earning passive income.

The suitability for long-term investment depends on an individual’s risk tolerance and financial goals, but for those adhering to ethical finance principles, its interest-based model makes it unsuitable for any duration.

How does Moncera.com protect investor data?

The website mentions the use of cookies and has a cookie policy link.

Beyond that, general data protection measures would be covered in their privacy policy and terms of service, which are not detailed on the homepage.

What is the minimum investment required on Moncera.com?

The minimum entry point advertised on Moncera.com is €10, making it accessible for individuals with smaller amounts of capital to start investing.

How does the “Refer a Friend” program work on Moncera.com?

The “Refer a Friend” program offers incentives for both the referrer and the invitee.

Both receive 1% of the friend’s deposit amount, and the referrer gets an additional 0.5% for each invitee, with benefits lasting for 60 days from the referral’s deposit.

Does Moncera.com offer customer support?

Yes, Moncera.com lists an email address [email protected] for inquiries, which suggests that customer support is available through email communication.

Can I invest in Moncera.com from any country?

The website is available in English, Estonian, and German, suggesting its primary markets are in Europe.

However, specific country restrictions for investors would need to be checked in their terms and conditions or by contacting support.

What are better ethical alternatives to Moncera.com?

Better ethical alternatives avoid interest Riba and focus on real economic activity.

Examples include investing directly in the equity of ethical businesses, real estate, ethical commodity trading physical, ethical funds Sharia-compliant, or contributing to ethical microfinance initiatives that are based on profit-sharing or benevolent loans.