Abundance Reviews

It is highly complicated to sell

WARNING: Ponzi scheme inside.

Invested in 3 projects, after 1 year two of them were "restructure" whatever this means. As a consequence I have lost pretty much everything (or say 90% of my investment which is pretty much the same to me). The 3rd one I haven't seen any return so far so I'm guessing it's going to go into the "restructuring" fraud as well.

What they don't tell you here is: you're gambling! Forget the politically correct answer "every investment comes with a risk" , here the risk is not quantified nor documented/displayed to you. Your money are managed by unknown people outside the Abundance organisation. If you are into this type of investments save yourself time go to a casino and chose black or red instead, you'll save time with the same risk profile!

There is not guarantee what so ever you're getting your money back. This site/company should be investigated by the financial authority. To all the other users here who have rated 4/5 stars here: have you actually ever taken any money out? Once you invest forget about taking any money out what so ever. It is also shocking that they provide investments within an ISA, just shocking... you've been warned!

Simple easy to use, with investments with real world impact and so far good returns

Abundance have been fantastic, I can not recommend them enough! In a time of climate emergency they make me feel empowered and seeing some of the amazing companies that they fund, and I am now an investor in, makes me feel optimistic about the future.

It is not to say it has been smooth sailing on all investments. One of my investment got into trouble, but I was impressed by how Abundance stood by the company, helped them fix the problems and then got the investment back on track. Who said saving the world would be easy! Thank you Abundance!

Recently received my cash returns and two updates. It is super exciting to see the progress on the construction of the orbital tidal energy generator, I am looking forward to seeing it lowered into the Pentland Firth and starting to generate power!

I invest at a number of p2p sites. This one has a professional appearance and seems well run. The company has been making an operational loss for the last few years, but that is not uncommon in the p2p market. They are growing.

Their offers are medium to high risk; the higher risk ones are usually short(er) term at 8/10/12% and sometimes higher; the medium risk ones are around 5-7+-. There have been problems with medium risks ones. It is therefore crucial that one diversifies, ie distributes funds across a range of offers. The info material provided is usually good but I doubt that even the experts can predict which projects will run into problems.

Diversification is a bit tricky though, as there are only few loans coming up per year. This means that cash can be sitting in an account for months earning no interest (especially in an ISA). This problem is aggravated by the fact that most loans need a few months to fill, again usually without paying interest.

One could buy loan parts on the secondary market, where they are sold by other investors. The SM seems reasonably active. However, compared to other p2p-sites the SM is slow and clumsy, and what's worse, loans are heavily overprised - on average one loses half a year's interest when buying, and it can be several times that.

For now, I'll keep the account as one among many.

impressive attention to detail and customer service, plus i feel good about every investment.

With the climate emergency upon us we need more firms like Abundance.

I manage my risk tolerance appropriately, and understand that these projects are higher risk than e.g. a Regular Saver account. I have been extremely pleased with Abundance and would highly recommend them to someone who wants to add to their portfolio and understands the nature of the risk associated with them. I have been very happy with the return I've received and I've had in initial investment returned for some of them as well as interest payments. I've also been pleased with the quality of customer service and ease of using the platform.

So far experience has been very good. 5 out of 6 on track, one underperforming but early days.

But I have largely avoided the higher risk projects with higher yields. Would certainly say you need to be am experienced investor and do a bit of research around the projects you invest with.

E.g. I see some people on this thread have been hit after buying GDFC. I didn't invest in that project after reading worrying headlines about the scheme and 12% seemed too good to be true. The bread and butter renewable projects seem much safer so far...

Abundance is a great way to invest in sustainable projects and diversify your investment into debentures. The platform is easy to use and understand. It would be even better if there were more projects and greater diversity of projects.

I have invested in 3 Abundance projects.United Downs Geothermal project. Closed down. Got my initial money back plus 2%. This represents a loss because it was supposed to pay 12% interest.
GDFC services is in trouble as it needs to borrow more money. The best scenario for current debenture holders is that they may get their investment back 5 to 10 years down the road. The worst scenario is administration and we will lose all our money.Celtic Renewables has big problems with the Scottish government who were supposed to be a major funder and now are not.

The future of sustainability. I'm an investor and a fan of the vision and drive of this company. I really appreciate their ethos and I'm looking forward to seeing where they go from here.

Excellent, reliable way for us Ethical and Green folk to put our money where our mouth is.

They also keep you up to date with new projects and issues.

Interesting alternative investments from a great provider. Simple investment process, simple to withdraw or reinvest your returns. A fair choice of investment options. Pick the ones that suit you when they come along and remember not to put all your eggs in one basket.

great products, great service

Great to know my investments are making a positive contribution to the environment. Good returns and well organised company

Efficient service and great opportunities

Nothing very striking stands out. But I do think it helpful that at every stage of investing you should be reminded as to what it is that you are signing up for, in particular how much money you are committing.

Whenever I speak to a staff member of Abundance, I am impressed with their patience and civility and how clear their explanations are.

I invest with Abundance for two reasons-I strongly suppport the development of renewable energy and I want a reasonable rate of return. I have found Abundance as an organisation to be efficient and good at communicating. When I had a query, it was answered quickly and helpfully. The website is easy to use.

Abundance is a joy to invest through - always socially/environmentally valuable projects and because things are mostly automated they happen quickly but when you've a query you get a speedy response from real (friendly) people.

Easy to use, all information about investments available and easily accessible, any questions are replied to promptly and so far all returns have arrived on time. If the platform proves this reliable for another few months I will no doubt consider devoting a larger portion of my savings to Abundance, as I can be sure that the money will be put to good use. Thank you for offering such great service!

I've been investing with them for years no complaints, easy to use service and the moneys doing good.

Abundance are our favourite method of investing in green energy schemes. We have multiple investments, and it's very easy to keep track of all the repayments etc. They list all the capital repayments and interest payments very clearly. They do not charge for this service unlike some other platforms. They seem clued up about the tax side of things as well. They are the only green energy platform with an ISA, that I know about. The only real downside is that quite often there are no open projects.

I'm new to investing, but think that Abundance offers the most ethical opportunities, at acceptably low risk.