Squirrel Money Investor Reviews

About this Company

Squirrel is not a tech start-up. We’ve been in the business of helping Kiwis borrow money since 2008.

 

Squirrel was born during the Global Financial Crisis so we’ve got a natural cynicism about the economy and being prudent. We’ve worked hard for our clients and built a strong and trusted brand in the Auckland housing market, arranging over $2 billion in mortgages. And along the way we’ve also won a heap of awards.

Our business is all about helping Kiwis make better financial decisions.

Peer-to-peer – or as we like to call it, person-to-person lending, was an obvious next step for us. It gives everyday investors better returns at the same time as saving borrowers their hard-earned money. By putting Reserve Funds in place and building a world class IT platform (the Squirrel P2P Marketplace) we also take looking after our investors’ money seriously.

Squirrel Investing is about us challenging lending traditions to create more value for our clients. It’s not revolutionary or scary, it’s just personal lending, done better. We believe in total transparency and you’ll find we’re honest and open about how we work, where our funding comes from and what’s happening with your money.

 

 

Visit squirrel.co.nz/invest

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101 Verified Customer Reviews

101 Customer Ratings and Reviews

Shopper Approved collects trusted reviews from customers who have made a verified purchase.

4.0

Overall Star
Rating

5 Shopper Approved - Review Star
34
(33.7%)
4 Shopper Approved - Review Star
40
(39.6%)
3 Shopper Approved - Review Star
20
(19.8%)
2 Shopper Approved - Review Star
4
(4%)
1 Shopper Approved - Review Star
3
(3%)

Would Invest Again
4.3
5 Shopper Approved - Review Star
63
4 Shopper Approved - Review Star
22
3 Shopper Approved - Review Star
7
2 Shopper Approved - Review Star
5
1 Shopper Approved - Review Star
4
Price Satisfaction
4.1
5 Shopper Approved - Review Star
35
4 Shopper Approved - Review Star
47
3 Shopper Approved - Review Star
16
2 Shopper Approved - Review Star
1
1 Shopper Approved - Review Star
2
Would Recommend
4.0
5 Shopper Approved - Review Star
43
4 Shopper Approved - Review Star
31
3 Shopper Approved - Review Star
19
2 Shopper Approved - Review Star
5
1 Shopper Approved - Review Star
3
Customer Service
4.0
5 Shopper Approved - Review Star
21
4 Shopper Approved - Review Star
10
3 Shopper Approved - Review Star
6
2 Shopper Approved - Review Star
2
1 Shopper Approved - Review Star
4
Investing Process
3.7
5 Shopper Approved - Review Star
33
4 Shopper Approved - Review Star
28
3 Shopper Approved - Review Star
20
2 Shopper Approved - Review Star
12
1 Shopper Approved - Review Star
8

About This Company

Squirrel is not a tech start-up. We’ve been in the business of helping Kiwis borrow money since 2008.

 

Squirrel was born during the Global Financial Crisis so we’ve got a natural cynicism about the economy and being prudent. We’ve worked hard for our clients and built a strong and trusted brand in the Auckland housing market, arranging over $2 billion in mortgages. And along the way we’ve also won a heap of awards.

Our business is all about helping Kiwis make better financial decisions.

Peer-to-peer – or as we like to call it, person-to-person lending, was an obvious next step for us. It gives everyday investors better returns at the same time as saving borrowers their hard-earned money. By putting Reserve Funds in place and building a world class IT platform (the Squirrel P2P Marketplace) we also take looking after our investors’ money seriously.

Squirrel Investing is about us challenging lending traditions to create more value for our clients. It’s not revolutionary or scary, it’s just personal lending, done better. We believe in total transparency and you’ll find we’re honest and open about how we work, where our funding comes from and what’s happening with your money.

 

 

Visit squirrel.co.nz/invest

Filter
R
Robert W.
12/11/2017 , Auckland

I have been investing with Harmoney for sometime but joined Squirrel to spread my risk and can see that there is less risk with Squirrel because of your investor fund. Having that said it takes a long time to get your money placed with Squirrel.
I spoke to your staff and they suggested choosing a lower rate which i'd already done twice in the hope of getting some funds placed but it still took many weeks to finally today, about 6 weeks later i got one $500 investment placed.
I have 20k to invest in Squirrel but i'm now placing some of that into Harmoney because Squirrel can't absorb my funds quick enough. I would suggest that Squirrel may be losing customers and income by not getting investors money placed quicker.With Harmoney i can place funds every day. Squirrel has taken about 6 weeks to finally take up 1 order.

Would Recommend
3/5
Price
3/5
Customer Service
4/5
Investing Process
2/5
Would Invest Again
2/5

N
Nick M.
11/13/2017 , Auckland

P2P lending is the future!

Would Recommend
5/5
Price
5/5
Investing Process
5/5
Would Invest Again
5/5

S
Susan H.
11/08/2017 , Whangarei

Quick and easy to navigate your site. Easy to select what investment return to choose and you dont have to put all your funds into one loan.

Would Recommend
5/5
Price
5/5
Investing Process
5/5
Would Invest Again
5/5

I
Ian D.
10/25/2017 , Tauranga

Pretty good overall, with two minor suggestions:
1. It would be good if investors could peruse interest rate bids without having to go half-way through placing a new bid.
2. Regular updates of the Reserve Fund usage and balance would be helpful, to gauge its effectiveness.

Would Recommend
3/5
Price
4/5
Investing Process
3/5
Would Invest Again
5/5

F
Fraser R.
09/19/2017 , Auckland

Love the app, only issue is it doesn't show the dollar value of other investments at or below your bid.

Would Recommend
5/5
Price
4/5
Customer Service
5/5
Investing Process
5/5
Would Invest Again
4/5

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