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The Best P2P Lending Platforms in Europe 2026
The best P2P lending platform in Europe is Mintos, rated 4.0 out of 5. No other platform in the ranking scores above 3.8 on our four dimensions. All 21 are scored the same way, and the low ratings are published beside the high ones.
- Real accounts on all 21 platforms we score
- Our own money on the top picks
- Rankings follow the scores, not commissions
Top platforms by category
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VIAINVEST 0.5% bonus Best for regulated notes 9–13%
Visit ↗
Top-rated MiFID II notes after Mintos — fee-free, and the coupons get paid.
All 21 P2P platforms, ranked
Sorted by our four-dimension score, applied identically to every platform. The low ratings stay on the list, so you can see what to avoid and why.
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Mintos
Recommended4.0/5
Seven of my loan originators failed and I still came out ahead, which is why it's where I'd point serious money first.
8–12% €50 min MiFID II Buyback
Return 8–12% Min €50 Regulation MiFID II Protection BuybackVisit ↗ Learn moreWho it's for
Best suited for investors who want to spread their money across dozens of loan originators under an investment-firm licence, and who'll use the platform's risk tools deliberately. Avoid if you need your money back on a schedule, since a loan originator that fails can hold your money in recovery, as GetBucks has held mine since 2020.
Dimension scores
What it does well
- Your money on Mintos stays yours if Mintos itself fails. Mintos keeps your cash and your Notes, the securities you buy when you invest in loans, apart from its own assets. The investor compensation scheme pays up to €20,000 of what Mintos can't return.
- Mintos lets you spread your loan investments across dozens of loan originators and cap each one. Mintos' strategy form lets you set a share for each loan originator. The ready-made Core Loans portfolio caps each loan originator at 15%.
- Every Mintos withdrawal I've made went through, free of charge. I've made eight since 2021, including the €1,356.60 I withdrew in January 2021 after nearly a year of pandemic-era suspensions. The last two reached my bank on the first business day after the request.
Where it disappoints
- Mintos' buyback obligation protects you only while the loan originator can pay. When seven of my loan originators failed, the buyback stopped with each of them. The money I had with them then waited on recovery, and five of the seven cases were still open in October 2026.
- Some recoveries on Mintos return only a fraction of the money. My three cases with the loan originator GetBucks have been in recovery since 2020 and were in litigation in October 2026, with 0–30% recovered. Mintos expected at most a quarter of the money still with GetBucks to come back.
- Mintos' main owners also own some of its loan originators. The four early investors who own most of Mintos hold most of Eleving and Sun Finance, whose loans made up about 19% of the euro loans outstanding in October 2026.
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Go & Grow
Recommended3.8/5
Delivers exactly the 6% it advertises, with zero effort required.
Up to 6% €1 min Unregulated None
Return Up to 6% Min €1 Regulation Unregulated Protection NoneVisit ↗ Learn moreWho it's for
Best suited for investors who want money earning from the day it arrives without choosing any loans. Avoid if you'd need the money back on a fixed date, since in a rush of withdrawals Go & Grow pays everyone in equal daily parts with no end date.
Dimension scores
What it does well
- Defaults on Bondora's loans hit Go & Grow's margin before your 6%. Go & Grow's risk statement says your claims have to earn more than 6% for you to receive 6%, and the difference absorbs losses first. The same statement calls that margin "not a guarantee".
- Your loan claims and cash on Go & Grow stay yours if Go&Grow OÜ fails. A claim passes back to the company only when it has paid you for it. Uninvested cash sits in a separate account at LHV Pank, under a mandate that keeps it out of the company's bankruptcy estate.
- Go & Grow paid my account its 6% cap on every day from 22 January to 22 October 2026. My €1,000 grew to €1,044.71 by 22 October, exactly €1,000 × 1.06^(274/365) to the cent.
Where it disappoints
- Go & Grow can pay withdrawals in equal daily parts with no end date. If the money coming in can't cover every withdrawal, payouts stop and resume in parts each banking day, with no date by which you're paid in full. Go & Grow says this has happened once.
- Nothing insures your money on Go & Grow. Its own risk statement says no deposit guarantee or investor compensation scheme covers losses on your claims.
- Go & Grow pays you at most 6%, whatever the loans earn. Go&Grow OÜ keeps whatever the loans earn above the cap, and its General Terms let it lower the cap on 14 days' notice.
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VIAINVEST
Investable3.4/5
Licensed, fee-free notes that pay their coupons. The term filter decides your rate.
9–13% €50 min MiFID II Buyback
Return 9–13% Min €50 Regulation MiFID II Protection BuybackVisit ↗ Learn moreWho it's for
Best suited for investors who hold regulated notes to maturity and size their position for one lending group's risk. Avoid if you'd rely on the investor protection to cover a loan originator failing, since it covers only VIAINVEST failing, and VIAINVEST's own disclosures place all four of its loan originators in one group, the VIA SMS Group.
Dimension scores
What it does well
- Your notes and cash on VIAINVEST stay yours if VIAINVEST itself fails. VIAINVEST, a licensed Latvian investment brokerage firm, keeps them apart from its own assets. The investor compensation scheme pays up to €20,000 of what it can't return.
- The interest on my VIAINVEST notes arrived as promised. My statement to 21 October 2026 shows €60.99 of interest in 172 payments, and none of my 72 notes needed a buyback.
- VIAINVEST charges no fee to deposit by bank transfer, invest or withdraw. My statements from January to 21 October 2026 list no charge beyond the tax withheld on interest.
Where it disappoints
- VIAINVEST's investor protection covers VIAINVEST failing, not a loan originator. VIAINVEST's own disclosures place all four of its loan originators in one group, the VIA SMS Group, and the group's guarantee of their obligations runs to VIAINVEST, not to you.
- VIAINVEST notes can't be sold before they mature. If you might need the money, your only tool is buying shorter terms at lower rates.
- Two of VIAINVEST's four loan originators had most of their loan books over 90 days late at the end of 2025. Via SMS s.r.o. in the Czech Republic stood at 72.2% and IFN Viaconto Minicredit in Romania at 93.5%, per their own prospectuses. Viaconto Sweden, whose notes paid 10% for 6 months in August 2026, rose from 15.7% to 22.1% in 2025.
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InRento
Investable3.3/5
InRento registers each mortgage for its investors, as their representative. No InRento mortgage had been enforced by October 2026, and two Polish loans went into recovery that autumn.
9.25–11.5% €500 min ECSP Mortgage
Return 9.25–11.5% Min €500 Regulation ECSP Protection MortgageVisit ↗ Learn moreWho it's for
Best suited for investors who can leave €500 or more in a property loan for 12 to 24 months and will read each project's documents before they invest. Avoid if you need a record that shows what the mortgages return when a borrower stops paying, since no InRento mortgage has been enforced as of October 2026.
Dimension scores
What it does well
- InRento registers each loan's mortgage for its investors, with itself only as their representative. The Hotel Admiral loan agreement names InRento as the lenders' representative in the mortgage, and InRento's FAQ says the mortgage is held for the investors' benefit.
- The three InRento loans I checked were secured by first-rank mortgages at about half the property's value or less. They stood at 35% to 53% of their valuations. On Hotel Admiral in Gdansk, the owner also put €1.65 million of its own money into the project beside the €5 million loan, though that valuation assumes the owner's plan to sell the hotel as apartments.
- Your uninvested money on InRento sits in an account in your own name at a licensed payment institution. You choose Paysera or Mangopay when you sign up, and InRento itself holds a European crowdfunding licence from the Bank of Lithuania.
Where it disappoints
- No InRento mortgage has been enforced as of October 2026, so what one returns in a default is untested. Two Polish loans went into recovery in autumn 2026, one of them after its owner failed to sell the property.
- InRento's Hotel Admiral loan in Gdansk went to a new project company guaranteed by its own group. The borrower had no financial history, and its two guarantors are companies registered at its own Warsaw address. InRento's rules require a full guarantee for any borrower with less than two years of accounts.
- InRento's loans are concentrated in two countries. Lithuania and Poland held 81% of the money InRento had funded by 30 October 2026, and hotels 27%, per its statistics page.
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LANDE
Investable3.3/5
Farm loans, mostly against land or machinery, where defaults have become years, not losses.
9–12% €50 min ECSP Mortgage
Return 9–12% Min €50 Regulation ECSP Protection MortgageVisit ↗ Learn moreWho it's for
Best suited for investors who want loans secured by farmland and machinery and can leave money untouched for years. Avoid if you need your money back on a schedule, since no one buys back a LANDE loan that stops paying, and loans funded in 2021 were still in court proceedings in August 2026.
Dimension scores
What it does well
- Your loans and cash on LANDE stay yours if LANDE itself fails. LANDE isn't a party to the loan agreement between you and the farmer. Your cash sits in a payment account in your own name at Lemonway, which keeps client money apart under French law.
- LANDE's loan terms let it refuse a payout above 60% of the collateral's value. Land or machinery secured 80% of the 1,100 loans listed on LANDE's primary market on 28 August 2026. LANDE's statistics page put the average loan-to-value at 43% in March 2026.
- Latvijas Banka supervises LANDE under the EU's crowdfunding regulation. Every loan comes with a key information sheet naming the borrower, and LANDE publishes its default rate in the regulation's format, with its late and rescheduled loans and its losses beside it.
Where it disappoints
- A LANDE loan that stops paying can hold your money for years. On 31 August 2026, 42% of the €30.1 million LANDE's borrowers still owed was rescheduled, late or in collective or judicial proceedings. Loans funded in 2021 were among those still in proceedings.
- LANDE's secondary market can't sell a defaulted loan, and its late loans are listed there at full price. Sales are at face value only. On 28 August 2026, all 441 listings were late loans, and full-bullet and periodic-payment loans can't be sold at all.
- LANDE had €723,000 of equity at the end of 2025, against €30.1 million its borrowers owed in August 2026. It had ten employees in 2025. Its own subsidiaries hold your collateral, the largest with €118,000 of equity at the end of 2025. Latvia's company register showed two commercial pledges over LANDE in August 2026, whose holders LANDE doesn't disclose.
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Income Marketplace
Investable3.1/5
Buybacks work while its loan originators can pay, but one 2022 default is still only partly repaid.
7–15% €10 min Unregulated Buyback
Return 7–15% Min €10 Regulation Unregulated Protection BuybackVisit ↗ Learn moreWho it's for
Best suited for investors who want consumer loans with a buyback and accept that it holds only while each loan originator can pay. Avoid if you'd rely on the buyback to protect your capital, since ClickCash, one of Income Marketplace's loan originators, stopped paying its buybacks in 2022 and its investors were still owed €86,037 in November 2026.
Dimension scores
What it does well
- Income Marketplace's assignment agreement pays you before the loan originator's own share of the loan, where it keeps one. Income Marketplace sizes the share each loan originator must keep after reviewing its loan book, and that share is repaid only once investors are. Sandfield Capital, Income Marketplace's third-largest loan originator, keeps none.
- Income Marketplace returned about 11.7% a year on my account from January to October 2026. That counts interest accrued but not yet paid and leaves out a one-off sign-up reward.
- Income Marketplace charges you nothing while your money is invested. Depositing by bank transfer, investing and withdrawing are free. The €10 monthly fee applies only to an account that has held no loans, with no deposit, withdrawal request or purchase, for 60 days.
Where it disappoints
- Income Marketplace's buyback obligation protects you only while the loan originator can pay. ClickCash, one of Income Marketplace's loan originators, stopped paying its buybacks in 2022, and €86,037 of investors' money with it was still outstanding in November 2026. Since October 2023, everything those investors received came from Income Marketplace's own cash.
- No financial supervisor regulates Income Marketplace, and no compensation scheme covers your money on it. Income Marketplace's own help page says its activity falls outside regulated financial services under Estonian law.
- Income Marketplace's operator lost €437,981 in 2025 and ended the year with €64,320 in cash. The operator's equity was negative at the end of 2024, and Income Marketplace says further payments to ClickCash's investors depend on its cash flow.
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Nectaro
Investable3.0/5
Coupons paid to the cent under a Latvian licence, but every note funds Nectaro's own DYNINNO group, whose parent company is the largest borrower.
10–14% €50 min MiFID II Buyback
Return 10–14% Min €50 Regulation MiFID II Protection BuybackVisit ↗ Learn moreWho it's for
Best suited for investors who want a licensed platform and a high fixed rate, and who can leave each note until it matures. Avoid if you couldn't afford to lose the money should the DYNINNO group run short, since the largest borrower, Nectaro's own parent company, had USD 2.77 million of equity at the end of 2024 against about €11 million of investors' money lent to it in October 2026.
Dimension scores
What it does well
- Your notes and cash on Nectaro stay yours if Nectaro itself fails. Nectaro's terms keep your notes out of its insolvency and your cash in client accounts apart from its own money. Up to €20,000 of anything Nectaro fails to return is covered by Latvia's investor compensation scheme.
- Nectaro's notes have returned about 10.8% a year after tax in my account. That is my portfolio return from 27 February to 22 October 2026. Every note I held was paying on schedule when I checked them all on 15 August 2026.
- Nectaro lets you read the accounts of every company that borrows the money behind its notes. Its prospectuses link the annual reports of the holding company, the loan originator and each borrower. The Key Information Document of a note I hold names the borrowers as companies related to Nectaro.
Where it disappoints
- The two largest borrowers behind Nectaro's notes, with 56% of the money, hold little capital of their own. DYNINNO FINTECH HOLDING, Nectaro's parent and the largest borrower, had USD 2.77 million of equity at the end of 2024 against about €11 million of investors' money lent to it in October 2026. WarmCash, the second largest, reported liabilities exceeding its assets by about €1.8 million at the end of 2025. Abele Finance, the loan originator that lends the money on, had equity of 3.3% of its assets at the end of 2025.
- Every company behind Nectaro's notes belongs to Nectaro's own group, DYNINNO. In October 2026, 77% of the money was lent by Abele Finance to other group companies, and the rest backed consumer loans from the group's loan originators in Moldova and Romania.
- Nectaro has no secondary market, so your money comes back only as each note repays. Its notes can't be sold to other investors before they mature, and you can close your account only once you hold no notes other than suspended or defaulted ones.
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PeerBerry
Investable3.0/5
Its loan originators repaid their war-hit loans in full, but PeerBerry couldn't keep my portfolio invested.
8.5–10% €10 min Unregulated Buyback
Return 8.5–10% Min €10 Regulation Unregulated Protection BuybackVisit ↗ Learn moreWho it's for
Best suited for investors bringing €10,000 or more who accept an unregulated platform whose loans come mostly from Aventus Group and SIB Group. Avoid if you're investing less than €10,000 and need your money earning from the start, since PeerBerry's auto-invest queue serves loyalty-tier investors' strategies first, and the tiers start at €10,000 invested and 90 days after registration.
Dimension scores
What it does well
- The lending groups behind PeerBerry's war-frozen loans repaid them in full. When Russia's invasion of Ukraine froze PeerBerry's Ukrainian and Russian loans in 2022, Aventus Group and Gofingo Group companies repaid €51.4 million with interest by December 2024, per PeerBerry.
- PeerBerry charges investors no fees. My statement for 21 January to 21 October 2026 lists 280 transactions and not one fee, and every cent of interest arrived gross.
- PeerBerry's short-term loans return your money within weeks. The 87 short-term loans of mine that had ended by 21 October 2026 were repaid after 11 to 54 days.
Where it disappoints
- PeerBerry's auto-invest queue serves loyalty-tier investors first, so a small account's money can wait for months. My €1,000 waited 7 days for its first loan, more than half of it was still idle at the end of May, and it was mostly invested from July 2026. PeerBerry's own figure for my account was 3.57% a year in August, against coupons of 8.5%.
- Nearly half of PeerBerry's loans come from two Lithuanian real-estate developers, without a group guarantee. SIB Group and Lithome held 45% of the money outstanding on 19 October 2026. Their listings name a pledge of the borrower's contracts as collateral, not a mortgage, and Lithome's own 2025 statements show negative equity.
- No regulator supervises PeerBerry, and no compensation scheme covers your money on it. Your deposits go to an account in PeerBerry's own name at Paysera, a Lithuanian e-money institution.
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TWINO
Investable3.0/5
Licensed in Latvia, but every new security is repaid by one Polish card company.
6–12% €1 min MiFID II None
Return 6–12% Min €1 Regulation MiFID II Protection NoneVisit ↗ Learn moreWho it's for
Best suited for investors who want short-term fixed-rate securities from a licensed investment firm and keep them a small share of a portfolio spread across other platforms. Avoid if you need protection against the borrower failing, since a Fincard failure would reach every TWINO series at once and no buyback or guarantee stands behind them.
Dimension scores
What it does well
- Your money on TWINO stays yours if TWINO itself fails. TWINO keeps your securities and cash apart from its own assets, and the investor compensation scheme pays up to €20,000 of what TWINO can't return. TWINO has been a licensed investment firm since 2021, supervised by Latvijas Banka.
- TWINO's closed Russian and Philippine books ended with nothing owed to investors. Russia's capital controls held the Russian money from 2022, and TWINO passed it on in monthly tranches until the last of it was recovered in August 2026. The Philippine book was repaid with all interest in January 2026. Only the Vietnamese book, whose loan originator failed, ended in a loss.
- TWINO's secondary market lets you sell Loan Securities before they mature, with no fee. Neither the buyer nor the seller is charged, at prices from 29.9% below to 4.9% above face value, and a sale needs another investor to buy. Loan Securities run for 3 to 12 months, which Fincard can extend by up to nine months.
Where it disappoints
- TWINO's securities pay only what Fincard pays, with no buyback obligation or guarantee behind them. Any shortfall is extinguished, the issuer doesn't have to pursue Fincard unless investors pay the costs first, and Fincard can extend each loan by up to nine months without asking you.
- Poland's consumer regulator has charged Fincard over its card commissions. UOKiK alleges that commissions on the used credit limit worked as interest above the legal cap, and its fines run up to 10% of turnover. Fincard disputes the charges and booked nothing for them in its audited 2025 accounts.
- Fincard lends more than a quarter of its loan assets to its own group. Its audited accounts show PLN 68.1 million lent to three related companies at the end of 2025, PLN 47.6 million of it to its parent, SIA FINNO Holding.
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Robocash
High risk2.8/5
No reported freeze since its 2017 launch, on a group with $4.25M of equity against $82.8M owed to investors at the end of 2024.
8–10.5% €10 min Unregulated Buyback
Return 8–10.5% Min €10 Regulation Unregulated Protection BuybackVisit ↗ Learn moreWho it's for
Best suited for investors who treat Robocash as unsecured lending to one group and put in only money they could lose in full. Avoid if you need protection beyond what that group can pay, because the buyback on every loan is owed by one of its own companies.
Dimension scores
What it does well
- Robocash's record shows no investor loss and no withdrawal freeze since 2017. I found no report of either, through COVID or the war in Ukraine, and Robocash says no investor has ever lost money on it.
- Robocash's loan originators must buy back a claim once its loan is more than 30 days late. A loan extension counts as a delay too, and Robocash says the buyback pays your principal and the interest for the whole time you held the claim.
- Robocash charges investors no fees. Its price list makes registration, deposits, its service, sales on the secondary market and withdrawals free as of November 2026.
Where it disappoints
- Robocash's loans and buybacks all depend on one group, UnaFinancial. The group had $4.25 million of equity against $82.8 million owed to the platform's investors at the end of 2024, per its own summary statements, which no auditor's opinion accompanies.
- Robocash's buyback is owed by single group companies, with no "group guarantee" behind it in any published contract. For most of the money, the company that owes it is a Romanian vehicle with €40 of paid capital and negative equity in its 2025 accounts.
- No regulator supervises Robocash, and no compensation scheme covers your money on it. Robocash's footer says it's "not regulated under any financial services license", and its user agreement caps its liability for its own wrongdoing at the cash in your account.
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Monefit
High risk2.7/5
Pays exactly its advertised rate, but every claim comes from one lending group, with no regulator or buyback behind it.
7.5–10.52% €10 min Unregulated None
Return 7.5–10.52% Min €10 Regulation Unregulated Protection NoneVisit ↗ Learn moreWho it's for
Best suited for investors who want a hands-off, higher-yielding position beside safer holdings, sized as money they can leave untouched. Avoid if you'd treat it as a savings account, since every claim you buy comes from one lending group, Creditstar, whose loans delayed investors' payments on Mintos and Lendermarket in 2022–2024.
Dimension scores
What it does well
- Monefit paid my balance its advertised 7.5% APY every day from January to October 2026. My statement shows 274 daily payouts in a row, with the same rate in every month and no day missed.
- Monefit lets you withdraw up to €1,000 a month on the same business day. Monefit sets that limit each month, and larger amounts take up to 10 business days.
- Monefit charges no fee to deposit or withdraw by bank transfer. My statement shows €0.00 in fees from January to October 2026, with my one deposit made by SEPA transfer.
Where it disappoints
- Every claim you buy on Monefit comes from one lending group, Creditstar. Creditstar's loans left investors' payments delayed on Mintos in 2022–2023 and on Lendermarket, a sister platform, from 2022 into 2024. All of the group's loans are unsecured loans to individuals.
- No regulator supervises Monefit, and no compensation scheme or deposit insurance covers your money on it. The Monefit company you contract with holds no investment-firm or crowdfunding licence, and no buyback obligation stands behind its claims.
- Your withdrawals on Monefit depend on other investors' money arriving. Monefit buys your claims back only when another investor buys them or Monefit chooses to, and a shortfall holds up every investor's payouts at once.
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InSoil
High risk2.6/5
Publishes its default figures, and they show 11.19% of its loans defaulting in an average year.
11–15% €100 min ECSP Mortgage
Return 11–15% Min €100 Regulation ECSP Protection MortgageVisit ↗ Learn moreWho it's for
Best suited for investors who choose each loan by its risk grade, country and security, and can leave money in a late loan for years. Avoid if you'd need that money back on schedule, since InSoil has no buyback and half the money its investors had outstanding on 30 October 2026 sat in late loans.
Dimension scores
What it does well
- InSoil's failure would leave your loan agreements in force. InSoil's platform agreement says the loan agreements then remain effective without it, and its loan terms say the farmers would pay you directly. Your uninvested cash sits in a payment account in your own name at ConnectPay, a licensed e-money institution.
- InSoil lends your money to independent farmers. Its 3,405 loans to 30 October 2026 averaged €33,404 each, to farmers and farm businesses.
- InSoil publishes its own default rates and audited accounts. A default rate for each risk grade, audited accounts back to 2021 and the repayment record of each year's loans are public, and the one loan open for investment when I looked on 28 August 2026 came with the farmer's own accounts to download.
Where it disappoints
- Money in a late InSoil loan waits on recovery, with no buyback behind it. On 30 October 2026, half the €50.2 million InSoil's investors had outstanding was in late loans, and 29.5% in loans more than 90 days late. Recovery runs through InSoil, and one investor describes a loan more than 500 days late whose collateral the farmer had already sold.
- InSoil's own disclosure shows 11.19% of its loans defaulting in an average year. Its loans carry an average rate of 12.95%, and the loans it made in 2022 had paid back €105 for every €100 lent by 30 October 2026, with 15.7% of the money lent in default.
- Some InSoil loans have no security behind them. InSoil offers farmers loans of up to €25,000 without collateral, and its credit rules set no loan-to-value cap on them. When I looked on 28 August 2026, the one loan open for investment was such a loan, with no pledged assets.
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Letsinvest
High risk2.6/5
First-rank mortgages under a Bank of Lithuania licence, but a €1,000 ticket earns each loan's lowest rate and the only loan marked late sits beside a 0% default counter.
7.5–10.5% €1,000 min ECSP Mortgage
Return 7.5–10.5% Min €1,000 Regulation ECSP Protection MortgageVisit ↗ Learn moreWho it's for
Best suited for investors who can leave €1,000 or more in one property loan for 6 to 24 months and want to lend directly to the developer under a first-rank mortgage. Avoid if you'd rely on the mortgage alone to protect your capital, since no recovery through a Letsinvest mortgage is on record and the terms pay the operator's fees first from whatever a sale brings in.
Dimension scores
What it does well
- Letsinvest lends at most 70% of the value of a property and any guarantee, under a first-rank mortgage. Its outstanding loans stood at 52% of that value on 8 October 2026, by the platform's own figures.
- Letsinvest is licensed by the Bank of Lithuania as a European crowdfunding service provider. The licence dates from 25 July 2023, and ESMA's register lists ten other countries where Letsinvest provides its services.
- No lending group stands between you and the borrower on Letsinvest. The borrowers are outside property developers and the companies they set up for each project, and Letsinvest's conflict-of-interest policy bars projects owned by its main shareholders, managers or employees.
Where it disappoints
- No recovery through a Letsinvest mortgage is on record. Letsinvest's one loan marked late, a €1M loan near Porto, has been past its end date since 26 February 2026, and no project on the platform's list carried a default or recovery status on 30 October 2026. If a loan goes to recovery, the terms pay the operator's fees, 5% of the property's value and 6% of the debt, before investors.
- The company that handles your money on Letsinvest is small and unaudited. The operator, 8 stars, UAB, had €50,000 of share capital and €1.3M of equity at the end of 2025, files its accounts without an audit, and holds the Paysera account that investors' money passes through.
- You can't sell a Letsinvest loan before it ends. Letsinvest has no secondary market or buyback, and its terms bar transferring a loan without the operator's written consent. Loans run 6 to 24 months, and a pre-agreed extension can add six more.
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Lendermarket
High risk2.3/5
Creditstar's group guarantee backs its loans' buyback, but most loans on offer sit outside the licence and the top rates demand multi-year lock-ins.
Up to 15% €10 min ECSP Buyback
Return Up to 15% Min €10 Regulation ECSP Protection BuybackVisit ↗ Learn moreWho it's for
Best suited for investors who want a small, short-term position in Creditstar Group's consumer loans and can hold each loan until it ends. Avoid if you'd rely on the buyback to protect your capital, since the loan originators behind almost every loan, the company that guarantees their buyback and Lendermarket itself all answer to the same owner.
Dimension scores
What it does well
- Your loan claims and cash on Lendermarket stay yours if Lendermarket itself fails. A claim you buy is assigned to you from the day you sign, and uninvested cash is held in trust for you, apart from Lendermarket's own money.
- Creditstar's buyback obligation has repaid, with interest, every Creditstar loan of mine that reached it. Fifteen of my 535 Creditstar loans ran late long enough to reach the buyback by 22 October 2026, and returned €71.99 of principal. Creditstar's parent, Creditstar Group AS, guarantees that buyback by contract.
- Lendermarket charges nothing to deposit, invest or withdraw to your bank. Its price list makes bank and card deposits, buying loans and bank withdrawals free, and my statements to 22 October 2026 show no fee.
Where it disappoints
- Lendermarket, the loan originators behind almost all its loans and the guarantor of their buyback answer to one owner. Creditstar Group's companies made 99% of the loans on offer on 19 October 2026, and 83% of the money. Lendermarket Limited and Creditstar Group AS are both wholly owned by a holding company whose sole owner is Creditstar's chief executive.
- Lendermarket has no secondary market, so you hold every loan until it ends. The 12–14% loans on offer in October 2026 had close to two years or more to run. FLEX's early exit costs 3.5% and pays you only once money arrives to replace yours, which neither Lendermarket nor the loan originator has to provide.
- Lendermarket's rules let your repayments wait while a loan originator is short of cash. A repayment stays pending until the loan originator pays it, and Creditstar's cash shortage held investors' repayments up this way from 2022 to 2024.
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Esketit
High risk2.0/5
Each loan's assignment agreement is readable, but no auditor checks the platform's own accounts. Its founders own the loan originators behind most of the money on offer.
7–12% €10 min Unregulated Buyback
Return 7–12% Min €10 Regulation Unregulated Protection BuybackVisit ↗ Learn moreWho it's for
Best suited for investors who read each loan's documents before they buy and put in only money they can afford to lose. Avoid if you'd rely on the buyback to protect your capital, since Esketit's own pages list its two founders as the owners of most of the loan originators that fund it, so one failure in that group could reach them all.
Dimension scores
What it does well
- Esketit lets you read each loan's assignment agreement before you buy it. Both loan pages I opened, in August and October 2026, linked a template of the agreement that governs your claim. It names the company that sells you the claim and owes the buyback.
- Esketit lets you buy only loans that carry a buyback obligation. Each listing says whether its loan carries one, and both the market and Esketit's automatic investing can filter for it. On 21 October 2026, 15% of the money left to buy was in Lionpro business loans without one.
- Esketit charges no fee to deposit by bank transfer, invest, sell on its secondary market or withdraw. Its price list names one fee, 2% on top-ups by card, Google Pay or Apple Pay.
Where it disappoints
- Esketit's buyback rests on ESKCRO, a company Esketit owns with €2,800 of share capital. ESKCRO can pay only what the loan originators pay it, and Esketit's own pages list its two founders as the owners of most of them. If ESKCRO defaults, Esketit takes its own fees from what is recovered before you see your principal.
- Esketit's track record was built with AvaFin, a loan originator that has left. Esketit called AvaFin, the founders' former lending group, its primary partner. In October 2026 more than half the money left to buy sat with Nimbura, which has no published accounts and was the only loan originator with late loans on Esketit's statistics page.
- No regulator supervises Esketit, and no compensation scheme covers your money on it. Esketit's terms also have you waive any claim against it if the payment institution holding your cash fails.
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Debitum
Not recommended1.6/5
Licensed in Latvia, but two-thirds of its book funds one forest fund and its sister fund, and Flow's early exit is a request the issuer may refuse.
9–15% €10 min MiFID II Collateral
Return 9–15% Min €10 Regulation MiFID II Protection CollateralVisit Debitum Learn moreWho it's for
Suited only to a small position you can afford to lose, held to maturity by an investor who reads each note's prospectus before buying. Avoid if you'd count on spreading your money to limit the risk, since three of the six companies Debitum listed in October 2026 are the forest fund, its sister fund and a loan originator that Debitum says its own CEO owns.
Dimension scores
What it does well
- Your cash and notes on Debitum stay yours if Debitum itself fails. The agreement keeps uninvested cash off Debitum's balance sheet, and the notes are debts of the issuers, not of Debitum. Latvia's compensation scheme pays up to €20,000 of what Debitum can't return.
- Debitum publishes how much of the money each issuer and loan originator holds. Its public statistics give each company's funded and outstanding amounts, every note page I opened linked its prospectus and final terms, and LFDF's audited 2025 accounts are public.
- Debitum charges investors no fee to deposit by bank transfer, invest or withdraw. Its price list makes every investor fee free of charge, and EU and EEA residents pay 5% Latvian withholding tax on interest instead of the default 25.5%.
Where it disappoints
- Two-thirds of the money on Debitum funds one forest fund and its sister fund. On 19 October 2026, LFDF and LFDF II held 66% of the €75 million outstanding, by Debitum's own statistics. Sandbox Funding, a loan originator Debitum says its own CEO owns, held another 10.9%.
- The pledge behind Debitum's forest notes leaves out the land the money buys. LFDF II's and Baltic Terra's prospectuses exclude the land from the collateral, and Debitum's own rating of LFDF says its collateral doesn't include real estate.
- An early withdrawal from Debitum Flow needs the issuer's consent. Flow sells five-year notes of two forest and land companies with the option to ask for your money back early. Their prospectuses let the issuer refuse that request without giving reasons and take up to 60 or 180 business days to decide. Without that consent, Flow money stays invested until maturity, up to five years.
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Hive5
Not recommended1.5/5
Every loan comes from companies Hive5 places in its own group, and the group's audited accounts carry a going-concern warning.
13–16% €10 min Unregulated Buyback
Return 13–16% Min €10 Regulation Unregulated Protection BuybackVisit Hive5 Learn moreWho it's for
Best suited only for money you can afford to lose in full. Avoid if you'd rely on the buyback to protect your capital, since the companies that owed it on Hive5's August 2026 market sit outside the group's audited accounts.
Dimension scores
What it does well
- Your claims on Hive5 stay in force if Hive5 itself fails. Hive5's user agreement keeps your investment agreements with the loan originators in effect if the platform becomes insolvent. Cash waiting on your account is kept apart from Hive5's own money only by contract.
- Hive5's buyback triggers on a delay of more than 60 days, a borrower's insolvency or a term extension. The loan originator that sold you the claim owes it, at the principal still owed plus up to 60 days of interest.
- Hive5 charges investors no fees. Depositing by SEPA transfer, investing, selling on the secondary market and withdrawing are free under Hive5's published terms as of October 2026.
Where it disappoints
- The companies behind the buyback on Hive5's August 2026 market sit outside its group's audited accounts. Firmeo and We Finance IFN, the company Hive5 names behind Credilink, owed the buyback on every loan on offer on 17 August 2026. Firmeo was set up in 2025 with PLN 5,000 of share capital and closed its first accounts before making a single loan.
- Hive Finance, the group behind every loan on Hive5, had negative equity of €1.28 million at the end of 2024. Its auditor added a going-concern warning to the 2024 accounts. The group's own report describes its €11.43 million of borrowing as "largely short-dated P2P".
- Hive5 holds no financial licence, so no supervisor checks it and no scheme compensates you. Hive5's own pages say investments made through it aren't covered by any deposit guarantee or investor compensation scheme.
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Estateguru
Not recommended1.3/5
About two-thirds of the money out on loan was late or in recovery in October 2026, and the secondary market Estateguru closed in August had no announced reopening by November.
8–11% €50 min ECSP Mortgage
Return 8–11% Min €50 Regulation ECSP Protection MortgageVisit Estateguru Learn moreWho it's for
Best suited for investors who lend only on Baltic loans issued since 2023 and can leave the money untouched for years. Avoid if you might need your money before a loan repays, since a defaulted loan can hold it for years and Estateguru's secondary market, closed on 5 August 2026, had no announced reopening by 2 November 2026.
Dimension scores
What it does well
- Estateguru's loans are secured by mortgages on the borrowers' property. In November 2026 Estateguru reported 98% of the €409 million of collateral it holds as backed by a first-rank mortgage, held for the investors by a security agent. Its borrowers are developers and businesses outside its own group.
- Estateguru keeps your uninvested cash apart from its own money, at a bank. Deposits go to a virtual IBAN at AS LHV Pank that carries your name. Estateguru OÜ's audited 2025 accounts keep investor cash off its balance sheet, €1.2 million of it at the end of the year.
- Estateguru lets you read an open loan's documents before you invest. On 9 October 2026, an open loan's page offered its key information sheet, two appraisal reports and the loan request with the mortgage amount, and the information sheet gave the borrower's financial figures.
Where it disappoints
- Money in a defaulted Estateguru loan comes back only as the property behind it sells. German loans that defaulted from 2022 on were still being resolved in 2026, and Estateguru's 2025 accounts say those resolutions brought investors capital losses. On 9 October 2026, Estateguru's statistics showed €129 million of the €187 million still lent through it as late or in recovery.
- Estateguru closed its secondary market on 5 August 2026 and had announced no reopening by 2 November 2026. The move to a new payment provider shut it and cancelled open sell orders. EG Grow investments can't be sold at all.
- Estateguru's terms pay recovery costs and the platform's fees before your principal. Collection costs, the platform's and the security agent's fees, default interest and interest all come first, so a sale below the debt leaves the shortfall with you. Newer loans add an investor-paid realisation fee of 10% of the unpaid principal.
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Lonvest
Not recommended1.3/5
Every loan originator belongs to the group Lonvest calls its own, none shows audited accounts, and no published contract contains the "group guarantee" Lonvest markets.
9–13% €50 min Unregulated None
Return 9–13% Min €50 Regulation Unregulated Protection NoneVisit Lonvest Learn moreWho it's for
Best suited for investors who put in only an amount they could lose in full. Avoid if you need to know the companies behind your money can pay, since Lonvest shows audited accounts for none of its loan originators or for the group they belong to.
Dimension scores
What it does well
- Lonvest's insolvency would leave your claims with you. Under Lonvest's terms, each claim is assigned to you by the loan originator that made the loan, so it isn't part of Lonvest's own assets. The cash waiting on your account is less safe, because it sits in accounts in Lonvest's name. The terms name no one to pass on your repayments if Lonvest stops.
- Lonvest charges no fee to deposit, invest or withdraw. Lonvest's price list shows all three as free, from €50, and Lonvest withholds no tax on your interest. Lonvest's terms still reserve a service fee it hasn't priced.
- Lonvest lets you invest for as little as 30 days. Lonvest's auto-invest offers periods of 30 days, 3 months, 6 months or a year, and pays your interest with your principal when the period ends.
Where it disappoints
- Lonvest shows audited accounts for none of its own group's loan originators. Lonvest's security page says its group fully controls all loan originators. Lonvest's about page says each company is audited and publishes its reports on the platform, yet none of the three loan originators' pages carried a report on 2 November 2026.
- Lonvest's terms oblige no one to buy back a late claim. Lonvest's terms give the loan originator a right to buy back a claim more than 90 days late, and the one duty they impose falls on a loan originator that has already become insolvent. No contract Lonvest publishes contains the "group guarantee" it markets.
- Lonvest holds no financial services licence, and no scheme pays you back if it or a loan originator fails. Lonvest's terms say the money in your account isn't insured in any jurisdiction. Croatia's central bank and financial supervisor warned in 2024 that platforms selling claims on loans, often from sellers outside the EU, are supervised by neither of them.
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Maclear
Not recommended1.3/5
Its own terms say investor funds aren't privileged if the platform fails.
12–15% €50 min Unregulated Collateral
Return 12–15% Min €50 Regulation Unregulated Protection CollateralVisit Maclear Learn moreWho it's for
Best suited for a small position you can afford to lose in full. Avoid if you'd rely on Maclear itself to keep your money safe, since the company owed more than it owned at the end of 2023 and 2024 and has had no statutory auditor registered since January 2026.
Dimension scores
What it does well
- Investments in projects that pay on schedule can be sold early on Maclear's secondary market. Sellers can price a listing at face value or up to 50% below it, and pay a 2.5% fee only when the sale completes. On 21 August 2026 the market held 1,250 listings.
- Maclear charges no fee to deposit by SEPA transfer, invest in a project or withdraw €50 or more. Maclear's withdrawal page sets a €50 minimum. The deposit agreement allows a handling fee of up to €10 only on withdrawals below €50.
- Maclear's terms pay you at least three months of interest when a borrower repays early. The terms say this holds "even if the Borrower repays the loan sooner".
Where it disappoints
- Maclear AG owed more than it owned at the end of both 2023 and 2024, by its own accounts. Its negative equity grew from CHF 19,085 to CHF 87,026, and the 2024 accounts carry no auditor's report. No statutory auditor has been registered since January 2026.
- Maclear's own terms say investor funds aren't privileged if Maclear goes bankrupt. The same terms describe a separate escrow account "protected from unforeseen circumstances". A Maclear blog post claims Swiss law keeps investors' assets out of a Maclear bankruptcy, which the terms disclaim.
- No financial supervisor licenses Maclear's investment service. Maclear's Swiss supervision is a membership in PolyReg, a self-regulatory organisation for anti-money-laundering duties. No compensation scheme covers your money. Spain's CNMV warned in May 2026 that Maclear isn't authorised for crowdlending.
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Loanch
Not recommended1.0/5
Double-digit rates, almost all of the money with one Fingular loan originator, and deposits unavailable for more than 11 weeks in 2026.
Up to 14.5% €10 min Unregulated Buyback
Return Up to 14.5% Min €10 Regulation Unregulated Protection BuybackVisit Loanch Learn moreWho it's for
Loanch suits only money you can afford to lose in full. Avoid if you need to get your money out when you choose, since deposits stopped for more than 11 weeks in 2026 after Loanch's payment provider lost its licence, and investors reported withdrawals failing.
Dimension scores
What it does well
- Loanch's terms keep your consumer rights. The terms of 30 September 2026 give you 14 days to withdraw from the agreement and keep your home country's courts and consumer law. The terms also promise that no amendment alters a claim you already hold.
- You can check each loan originator's accounts before you invest on Loanch. Loanch links the audits and monthly reports of all three companies on its loan originators page, including the two audits that show negative equity.
- Loanch charges investors no fees. Depositing by bank transfer, investing and withdrawing are free, and Loanch withholds no tax, as of October 2026.
Where it disappoints
- Loanch's deposits were unavailable for more than 11 weeks in 2026, and investors reported withdrawals failing. After Poland's financial supervisor revoked the licence of Loanch's payment provider, deposits were unavailable from 5 February to 25 April by Loanch's own dating, and investors reported withdrawals failing from 7 February.
- Almost all the money on Loanch is lent through one loan originator. Tambadana, a Malaysian company wholly owned by the Singapore group Fingular, held 99.8% of investors' outstanding money on 20 October 2026, per Loanch's statistics. The buyback on those loans is only as strong as Tambadana's balance sheet.
- Loanch's documents contradict each other on the buyback that protects you. Loanch's homepage and loan originators page promise a buyback once a loan is 30 days late, while its risk statement, the only published legal document naming a trigger, says 60. The assignment agreement behind each loan couldn't be opened from the loan pages I tried in August 2026.
How the ranking is made
Skin in the game
Our own money is on 8 of the 21 platforms we score, and our losses are documented publicly. Every review declares its basis — deployed (our money) or analytical (account-verified research, no funds).
No paid placements
Platforms cannot pay for better rankings, more favourable coverage, or inclusion in our lists.
Losses documented
When platforms fail or our positions take losses, we publish it. The 2020 COVID liquidity crunch took down several lenders we had money with, and we published what it cost us.
Commissions and ratings
We're in the affiliate programme of all 21 platforms we score, and we rate 12 of them High risk or Not recommended. Commission rates have zero weight in the scoring framework. The 6 platforms we rate Not recommended keep their affiliate links, with the verdict beside each one. Outside the bonus pages, those links only name the platform.
Every platform we cover
28 platforms in coverage — 21 scored, the rest queued for review. Click a column to sort. Chasing a sign-up bonus instead? The P2P bonus overview lists every verified offer.
| Platform | Asset class | Regulation | Protection | Minimum | Return | Score |
|---|---|---|---|---|---|---|
| Mintos | Consumer loans · Business loans | MiFID II | Buyback | €50 | 8–12% | 4.0 |
| Go & Grow | Consumer loans | Unregulated | None | €1 | Up to 6% | 3.8 |
| VIAINVEST | Consumer loans | MiFID II | Buyback | €50 | 9–13% | 3.4 |
| InRento | Real estate | ECSP | Mortgage | €500 | 9.25–11.5% | 3.3 |
| LANDE | Agricultural | ECSP | Mortgage | €50 | 9–12% | 3.3 |
| Income Marketplace | Consumer loans · Business loans | Unregulated | Buyback | €10 | 7–15% | 3.1 |
| Nectaro | Business loans · Consumer loans | MiFID II | Buyback | €50 | 10–14% | 3.0 |
| PeerBerry | Real estate · Business loans · Consumer loans | Unregulated | Buyback | €10 | 8.5–10% | 3.0 |
| TWINO | Consumer loans | MiFID II | None | €1 | 6–12% | 3.0 |
| Robocash | Business loans · Consumer loans | Unregulated | Buyback | €10 | 8–10.5% | 2.8 |
| Monefit | Consumer loans | Unregulated | None | €10 | 7.5–10.52% | 2.7 |
| InSoil | Agricultural | ECSP | Mortgage | €100 | 11–15% | 2.6 |
| Letsinvest | Real estate | ECSP | Mortgage | €1,000 | 7.5–10.5% | 2.6 |
| Lendermarket | Consumer loans | ECSP | Buyback | €10 | Up to 15% | 2.3 |
| Esketit | Consumer loans · Business loans · Real estate | Unregulated | Buyback | €10 | 7–12% | 2.0 |
| Debitum | Business loans | MiFID II | Collateral | €10 | 9–15% | 1.6 |
| Hive5 | Business loans | Unregulated | Buyback | €10 | 13–16% | 1.5 |
| Estateguru | Real estate | ECSP | Mortgage | €50 | 8–11% | 1.3 |
| Lonvest | Consumer loans | Unregulated | None | €50 | 9–13% | 1.3 |
| Maclear | Business loans | Unregulated | Collateral | €50 | 12–15% | 1.3 |
| Loanch | Consumer loans | Unregulated | Buyback | €10 | Up to 14.5% | 1.0 |
| Afranga | Business loans | ECSP | None | €10 | 11–16% | — |
| Crowdpear | Real estate | ECSP | Mortgage | €100 | 9–12% | — |
| Devon | Real estate | Unregulated | None | €1,000 | 14–16% | — |
| Fintown | Real estate | Unregulated | None | €100 | 8–14% | — |
| Indemo | Real estate | MiFID II | Mortgage | €10 | Up to 15% | — |
| Modena | Consumer loans | Unregulated | — | €50 | 11% | — |
| Triple Dragon Funding | Business loans | Unregulated | Buyback | €1,000 | Up to 14% | — |