Saturday 04 December 2021

Dutch lending website Peerby raises $2.2m in crowdfunding campaign

peerbyDutch internet company Peerby, which helps users borrow items from their neighbours for free, has raised $2.2m through a crowdfunding campaign.

The company plans to use the cash to expand its recently launched paid-for service in Britain and North America. Peerby Go enables people to lend out household items for a fee, which includes delivery if necessary. The company also launched an insurance policy for lenders last year in a bid to generate cash.

The crowdfunding success, raised over a weekend from 1,051 funders, makes the ‘crowd’ Peerby’s biggest shareholder, the company said. ‘This particular campaign was a huge success and one of the largest convertible notes campaigns in Europe to be funded by crowdfunding,’ said community finance expert Ronald Kleverlaan.

Last October Peerby said it had raised €1.7m from a number of foreign investors. The financial injection came from French investment house Xange, American incubator Techstars and publisher Sanoma, which also invested in the company three years ago.

Thank you for donating to

The team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments. has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.

If you have not yet made a donation, but would like to, you can do so via Ideal, credit card or Paypal.