What is Esketit?
Esketit is a P2P lending platform run from Riga and operating since 2021. Investors contract with Esketit Platform d.o.o., a company registered in Zagreb, Croatia, which took over the platform’s full service from the Irish Esketit Platform Limited on 15 October 2025. Esketit was founded by Dāvis Barons and Matīss Ansviesulis, who earlier co-founded the consumer lender Creamfinance, now AvaFin.
You can read the assignment agreement behind a loan before you buy it, and each listing shows its loan originator, the Esketit company that published it and whether it carries a buyback obligation. For a platform no regulator supervises, that is a lot of daylight, and this review is about what the daylight shows.
How does Esketit work?
Esketit is a marketplace for claims on loans, which you buy under an assignment agreement from the company that agreement names as the lender. In both agreements I downloaded, for a Nimbura loan in August 2026 and a Lionpro loan in October 2026, that company was ESKCRO SIA, a Latvian company Esketit owns, and neither the loan originator shown on the listing nor Esketit itself. Both agreements call ESKCRO “the Lender”, while Esketit’s website uses “lenders” for the loan originators, so ESKCRO is called the lender of record here.
ESKCRO collects the repayments on your claims in its own name and passes them through Esketit’s account to yours. Most loans carry a buyback obligation under which ESKCRO buys a claim back once its loan is more than 60 days late.
The platform earns from fees that ESKCRO, the lender of record it owns, pays it under an agreement that isn’t public.
What you can invest in
Esketit offers one kind of investment, claims on loans, from €10. On 21 October 2026 the loans on offer were instalment loans from Malaysia, business loans, car loans from Kazakhstan and a bundle of Latvian mortgage loans. What you own is the right to a loan’s repayments, assigned to you by ESKCRO, not a security, so no prospectus describes it and no custodian holds it for you. Nimbura’s and Jet Finance’s listings, by Esketit’s own posts on Nimbura and Jet Finance, give indirect exposure to a revolving pool of the loan originator’s loans, repaid on the schedule of a financing agreement with the loan originator rather than on the borrowers’ own. On those listings, 61% of the money left to buy on 21 October 2026, your repayments depend on Nimbura or Jet Finance paying, not on any one borrower.
What return can you expect on Esketit?
Esketit’s home page tells investors they can “earn 11% on average”, and the median Esketit investor on P2P Dash has earned 11.5% a year including cashback, across 286 portfolios, as of November 2026. Esketit’s statistics page publishes no return figure of its own. Esketit’s 11% holds so far, for as long as ESKCRO and the loan originators behind it keep paying the buyback.
Weighted by the money left to buy, the loans open in October 2026 offered about 10.6% on average. Money paid into Esketit by bank transfer loses nothing to fees.
The 32 open loans offered 7–12% a year, depending on the loan originator. Nimbura’s and Mojo Capital’s loans offered 10–12%, Jet Finance’s car loans 10%, Lionpro’s business loans 8% and Credus Capital’s mortgage bundle 7%. A loyalty programme adds to the rate for larger portfolios, but only on loans from Spanda Capital, Mojo Capital and MDI Finance, on terms the Esketit bonus page sets out. What comes off the rates on offer is cash that earns nothing while it waits for a loan that matches a narrow strategy, with €1.1 million left to buy across all 32 loans.
What Esketit’s rates pay for is an unaudited platform without a regulator, a lender of record Esketit owns and loan originators tied to its founders.
Esketit is tied for the seventh-highest Returns score of the 21 platforms I’ve reviewed, 4.1 out of 5. The score rests on what investors kept last year and this year, not on advertised rates and not on the risk of losing money, which Is Esketit safe? covers.
Is Esketit safe?
Esketit protects your money against a late borrower but not against a failure of the companies that owe and fund the buyback, which on most of the money on offer are also the companies your repayments come from. No regulator or compensation scheme stands behind Esketit. The buyback on most loans is owed by ESKCRO, a company Esketit owns with €2,800 of share capital. ESKCRO can pay only what the loan originators pay it. Esketit publishes no default or loss statistic as of October 2026. Esketit’s statistics page showed late loans only at Nimbura on 21 October 2026. The risk in the assets you hold remains fully yours.
Esketit has the sixth-lowest Safety score of the 21 platforms I’ve reviewed, 1.5 out of 5. The score rests mostly on how Esketit is built, with no licence, unaudited platform accounts, a thinly capitalised lender of record and loan originators tied to Esketit’s founders, and partly on a record that no independent source shows holding up through a stress. A “group guarantee” that Esketit markets and its contracts don’t give you also counts against it, and so does a home page that still presents Capitec’s stake in the founders’ former lending group as Esketit’s track record, a year after that group left.
Is Esketit regulated?
No, Esketit isn’t regulated by any financial supervisor. The Croatian company you contract with, Esketit Platform d.o.o., holds no financial services licence, and the site footer says so in its own words, “Esketit is not regulated under any financial services licence.” Its terms state that no government agency insures the account holding your cash and that no scheme compensates you if Esketit can’t pay you back.
Croatia’s central bank and its financial services supervisor warned in July 2024 that online platforms selling claims on loans, often from sellers outside the EU, are supervised by neither of them, and that no Croatian scheme protects the money invested through them.
What happens if Esketit fails?
Your claims on Esketit stay yours if Esketit itself fails, because Esketit’s terms say its insolvency leaves your assignment agreements and your rights under them valid. The terms say only that Esketit “may” hand the platform and the servicing of your claims to a third party, and they name none.
Your uninvested cash on Esketit is less safe than your claims. The terms keep it in an account “segregated and stored separately” from the platform’s own funds, but that account, at the Lithuanian e-money institution Verified Payments UAB, is in Esketit’s name, and the e-money institution’s terms treat the money in it as Esketit’s property. That protects Esketit if the e-money institution fails, not you if Esketit fails, so getting your cash back from a failed Esketit could depend on a Croatian court accepting that it was never Esketit’s.
The same terms make you waive any claim against Esketit if that institution fails, which is exactly where your money sits on its way in and out. Under them, Esketit’s liability to you is capped at your cash balance and covers only gross negligence or intent, so ordinary mistakes are excluded.
The platform’s own finances leave little to absorb a mistake. For 2025, Esketit Platform d.o.o. reported revenue of €41,664, a loss of €97,054 and negative equity of €97,694, after about two and a half months of running the platform, per its filing in the Croatian register. The register lists no employees and names no auditor.
Loan originators
Esketit listed loans from four loan originators and one direct borrower, Lionpro, on 21 October 2026. Nimbura’s Malaysian instalment loans made up 52% of the money left to buy, Mojo Capital’s business loans 20%, Lionpro’s business loans 15%, Jet Finance’s Kazakh car loans 9% and Credus Capital’s bundle of Latvian mortgage loans 4%. Lionpro’s assignment agreement names Lionpro B.V., the Dutch holding company of a Latvian trading group, as the borrower and ESKCRO as the lender.
The company registers tie the platform and its lender of record to the same two people. When I pulled them on 26 August 2026, Esketit’s two founders owned Esketit, Esketit owned ESKCRO, and ESKCRO shared one address in Riga, Mednieku iela 4A, with three loan originators, JMD Investments, Spanda Capital and MDI Finance. The Latvian register names Esketit’s two founders, Dāvis Barons and Matīss Ansviesulis, as the beneficial owners of all four, and the three loan originators are registered as head-office companies, not as lenders.
A marketplace is supposed to spread your risk across independent loan originators, and Esketit’s concentrates it in one group around its founders. None of this is hidden: the platform’s own site presents its founders’ ownership of “both the platform and lenders” as “skin in the game”. The same ownership means one failure in the group could reach the platform, its lender of record and most of the money on offer at once.
Most of the money on offer sits with Nimbura and Mojo Capital, which Esketit’s own list of loan originators also shows as owned by its founders. Nimbura has no published accounts, and Mojo Capital’s 2025 accounts are unaudited. Those accounts put Mojo Capital’s equity at $288,206 at the end of 2025, about 1.6% of its $18.1 million of assets, and its 2025 results put each loan it makes to a fintech company at €300,000 to €2.5 million. One of those loans going bad could cost Mojo Capital more than its entire equity.
Jet Finance is an outside Kazakh car-loan company with audited accounts, and JMD Investments, audited by Baker Tilly with a 51.8% equity ratio for 2024, had no loans on offer on 21 October. Lionpro’s group reported €61.7 million of turnover in its EY-audited 2025 accounts, with the cash its operations used funded by borrowing.
Two more of the founders’ loan originators carry risks of their own. Spanda Capital buys Spanish consumer debt that has already gone bad, through a Spanish subsidiary, Spanda Finance España, whose audited 2024 accounts show an equity ratio of 0.2%. Spanda Capital itself reported negative equity of €431,175 for 2025, per the Latvian register. MDI Finance is the holding company behind Loanme.lk, a digital lender in Sri Lanka, per Esketit’s page for MDI Finance.
AvaFin, the founders’ former lending group, no longer lists loans on Esketit, and what that means for Esketit’s record is set out under Defaults and recovery.
Buyback obligation
Esketit’s buyback obligation, often marketed as a buyback guarantee, protects you only as long as ESKCRO, the lender of record that owes it, can pay. Under the assignment agreement, ESKCRO buys your claim back on the 61st day a loan is late, for the principal still owed plus the interest earned until then. ESKCRO was registered in October 2025 with €2,800 of share capital and had no accounts on file in November 2026, so it can pay only what the loan originators pay it under agreements that aren’t public. €2,800 is the least a Latvian limited company can be set up with, and ESKCRO was set up with exactly that, the day after Esketit’s Croatian company took over the platform. If ESKCRO itself fails, the agreement lets Esketit step in as your agent, and no “group guarantee” in the agreement stands behind either of them. I found no reported case of the buyback going unpaid.
Between you and a loss stand only ESKCRO’s share capital and the platform itself, so on most of the money on offer nothing stands at arm’s length. The €2,800 isn’t what really stands behind your buyback. On most of the money on offer, Nimbura and Mojo Capital paying ESKCRO is. None of this means the buyback will fail. It means its strength is borrowed from the companies behind it. If ESKCRO defaults, Esketit’s own fees are also paid before your principal.
Some Esketit loans carry no buyback at all. Lionpro’s business loans, 15% of the money left to buy on 21 October 2026, carry none, and the Lionpro agreement I downloaded the next day grants any guarantee or pledge “solely in favour of the Lender”, ESKCRO, leaving you “no direct right of action against a guarantor”. Yet Esketit’s page for Lionpro says “The loan is secured by a group guarantee”. A guarantee that the marketing extends to investors and the contract withholds from them counts against Esketit’s Safety score.
Defaults and recovery
Esketit publishes no default, buyback or loss statistic as of October 2026. Its statistics page shows each loan originator’s loans as current or late, and on 21 October 2026 every loan originator it showed was 100% current except Nimbura, with 9.25% of its loans late by up to 15 days. The only loan originator with late loans that day was also the one holding 52% of the money left to buy. The same page counted €1,035 million of loans bought by investors since Esketit opened.
I found no reported case of an Esketit investor losing capital since the platform opened in 2021, in Esketit’s own posts or in the investor reviews I read. The one failure Esketit’s blog reports, Utopia Music’s liquidation in November 2024, ended with users repaid principal and interest in full by mid-2025, per Esketit. In a market where platforms fail, that record counts, and I won’t wave it away. It is also a record I can’t check.
The record was built while AvaFin, the founders’ former lending group, was what Esketit called its primary partner, and AvaFin published audited accounts. AvaFin no longer lists loans on Esketit after Capitec Bank took it over in 2024, and Money for Finance, which Esketit called its largest lender on the platform in August 2025, has left too. In June 2025 Esketit said that AvaFin would buy back all its listed loans, and in August 2025 that Money for Finance’s exit didn’t put investors’ claims at risk. On 21 October 2026, 72% of the money left to buy sat with Nimbura and Mojo Capital, neither of which has published audited accounts. The track record you’re shown and the loan book you’d buy today aren’t the same thing.
Conflicts of interest
Esketit has four conflicts of interest with its investors, set out in its terms and its ownership.
- Esketit can change its terms by posting them. New terms take effect once Esketit posts a notice and emails you, with no fixed notice period, and continued use counts as acceptance. An objection counts as a request to close your account, which you can do only once you hold no active claims. Esketit can also change, without asking you first, the agreement terms its automatic investing buys under. Accounts opened until at least late August 2026, mine included, accepted Irish-law terms at sign-up, and Esketit treats their continued use as acceptance of its Croatian terms of 18 September 2026, which new sign-ups accept directly.
- Esketit is paid before you when its lender of record defaults. Since 18 September 2026, money recovered on your claims after ESKCRO defaults goes first to the fees and commissions ESKCRO owes Esketit, then to Esketit’s own collection costs, and only then to your principal, interest and buyback. Both sides of that first payment are Esketit’s, because ESKCRO is Esketit’s own company. Esketit is also your “sole and exclusive” representative for enforcing your claims, with no duty to act.
- Esketit is paid by the company that sells you your claims. ESKCRO pays Esketit fees and commissions under a cooperation agreement that isn’t public, and ESKCRO keeps the difference between the rate the borrower pays and the rate you get. The only fee investors pay Esketit is 2% on card top-ups.
- Esketit’s owners also own most of its loan originators. The platform that picks and lists the loans answers to the same people as the companies behind them.
How do you use Esketit?
You use Esketit in five steps, from signing up to choosing how your money is invested.
- Sign up with your email address, a password and your phone number, and confirm your email address.
- Enter your personal details, your country of residence and your tax residence, and answer Esketit’s questions about yourself.
- Verify your identity with Veriff, which Esketit requires before you can add money.
- Add money by bank transfer from an account in your own name, or by card, Google Pay or Apple Pay.
- Choose how your money is invested, by hand on the primary or secondary market, with your own Auto-Purchase strategy or with one of Esketit’s ready-made strategies.
Esketit is tied for the second-highest Usability score of the 21 platforms I’ve reviewed, 4.0 out of 5. The score rests on Esketit’s Auto-Purchase strategies, which filter loans by rate, term, country, loan type, loan originator and buyback, and on the account statement you can download for your tax return. Two things count against it: the account area has no page for the agreements you’ve signed, and support runs by email only.
Opening an account
Esketit verifies your identity through Veriff during sign-up. I registered on 25 August 2026, and Veriff accepted only a passport in my check, with about six minutes between confirming my email address and Esketit’s welcome email. The sign-up was easy and asked for nothing beyond what it needed.
Esketit’s terms require an ID issued by an EU or EEA country, Switzerland or the UK. A national of another country needs a residence permit from one of them and a bank account there.
Deposits
Depositing on Esketit is free by bank transfer and costs 2% by card, Google Pay or Apple Pay. The smallest top-up Esketit accepts is €10. A bank transfer has to come from an account in your own name, and Esketit’s deposit page says it arrives within a few hours if your bank supports SEPA Instant and in 1–3 business days otherwise. Stablecoin deposits in USDT and USDC are accepted too, converted to euros at the market rate, once you’ve turned on two-factor authentication.
When I opened the deposit page on 26 August 2026, without depositing, bank transfers went to Esketit Platform d.o.o.’s account at Verified Payments UAB in Lithuania, the account that holds your cash, and instant top-ups, paid by choosing your bank and approving the payment there, ran through ECOMMPAY, a UK payment provider.
Auto-invest
Esketit has two kinds of auto-invest, which it calls Auto-Purchase. You can set your own custom strategy or turn on one of Esketit’s ready-made strategies.
| Way of investing | Who picks the loans | Limit per loan originator | Getting out before maturity |
|---|
| Custom strategy | You, by rules you set | None, though you can leave loan originators out | The secondary market |
| Esketit strategies | Esketit, from a mix it can change without asking you | Set by the strategy | Cash out to other investors in the same strategy |
| Buying by hand | You, one loan at a time | None beyond your own choices | The secondary market |
A custom strategy sets how much goes into each loan and filters loans by rate, remaining term, status, country, loan type and loan originator, and can be limited to loans with a buyback obligation. I looked through both kinds on 26 August 2026, without setting up a strategy. The form is good at keeping loans out, but it has no way to keep any one loan originator small or to choose how your money splits between them.
Two ready-made strategies were on offer that day. Diversified spread your money 25% each over Spanda Capital, Mojo Capital, mortgage loans and MDI Finance, and Jordan put all of it in JMD Investments’ business loans. Three of Diversified’s four slots, 75% of the money, went to loan originators Esketit lists as owned by its founders, and all of Jordan’s did. Turning on an Esketit strategy lets Esketit add new loan originators to it without asking you, and you can’t block that while the strategy runs.
The Cash out listed as “Instant” makes the ready-made strategies the tempting choice, but the platform builds them and decides what goes in, and a strategy built by the platform can serve the platform’s group before it serves you.
Tax reports
Esketit gives you an account statement for your tax return, which it calls an income statement when you download it as a PDF. On 26 August 2026 my account’s Statement page offered the PDF and an Excel export for any period, including the previous year. The statement sums up the interest, bonuses and principal you received and your income and costs on the secondary market. There’s no separate tax report, and the help texts leave taxes to you.
Support
Esketit offers support by email only, at support@esketit.com, which no support contact of mine has tested. Support hours are 9:00 to 18:00 GMT+2 on weekdays, per the website. There’s no chat and no published phone number.
How fast can you get your money out of Esketit?
You can withdraw cash from Esketit for free within 2 business days. Invested money comes out as the loans behind your claims repay, or earlier, free of charge, when another investor buys your claims on the secondary market or through a Cash out in an Esketit strategy, as long as Esketit hasn’t suspended sales. Claims that Esketit marks pending, suspended or overdue, the statuses it gives a claim when the lender of record stops paying, can’t be sold and wait on recovery.
Esketit is tied for the fourth-highest Liquidity score of the 21 platforms I’ve reviewed, 3.0 out of 5. The score rests on Esketit’s published terms, since my account has held no money, with free withdrawals and a free secondary market weighed against Esketit’s right to suspend sales at its own discretion, which it used during its move to Croatia in October 2025.
Withdrawals
Esketit withdrawals are free and take up to 2 business days. A withdrawal goes to the bank account you deposited from, unless you add and verify another one, and the smallest withdrawal is €0.01.
Secondary market
The Esketit secondary market is where you sell your claims to other Esketit investors before they mature, with no fee for the buyer or the seller. You set the price as a discount or a mark-up on the principal still owed, and a sale goes through only if another investor buys. Claims marked pending, suspended or overdue can’t be listed.
On 26 August 2026 the market held 5,342 listings, priced from 0.1% below to 2.0% above the principal still owed.
The terms let Esketit suspend or stop sales at its own discretion, with notice or, where it judges that justified, without, and you waive any claim against it for doing so. Selling before maturity on Esketit is something the platform provides and can withdraw, not something the contract guarantees.
When Esketit moved its full service from Ireland to Croatia on 15 October 2025, it switched off the secondary market for claims held under its Irish company. Investors who stayed with the Irish company kept what Esketit called “limited” functionality, with withdrawals but without top-ups, automatic investing or access to the primary and secondary markets.
Investors’ reviews of Esketit on Trustpilot from October 2025 say they had about a week’s notice and that claims under the Irish company couldn’t be sold, and one from August 2026 says they still can’t. The platform’s replies there cite its contractual right to suspend the secondary market and notices sent on 6, 13 and 15 October 2025.
The statistics page shows the market already shrinking before the move. Monthly loan funding fell from about €23 million in May 2025 to about €11 million in August, then to about €2–3 million a month from September 2025 to January 2026, and was back to almost €13 million in August 2026.
Cash out in Esketit strategies
Esketit’s Cash out sells the claims in one of its ready-made strategies to investors who start or reinvest in the same strategy, so you can leave before maturity. A custom strategy has no Cash out. On 26 August 2026 Esketit’s strategies listed access to your money as “Instant”, footnoted “Depends on market conditions and new users’ demand”. The Cash out was switched off together with the secondary market for claims held under the Irish company when Esketit moved to Croatia in October 2025. The “Instant” label holds only while new investors buy and Esketit keeps the Cash out on.
Closing your account
You can close your Esketit account with 10 days’ notice, by email or in your profile, once you hold no claims other than ones marked pending, suspended or overdue. A profile inactive for 12 months can be closed by Esketit after an email to you, with no fee. If Esketit ends the agreement itself, it may sell your claims at the principal still owed on the day of its notice.
What fees does Esketit charge?
Esketit charges no fee to deposit by bank transfer, invest, sell on its secondary market or withdraw. Paying in by card, Google Pay or Apple Pay is the one charge you can choose.
Esketit fees and costs | Deposit fee | Free by SEPA bank transfer or USDT/USDC stablecoins · 2% by card, Google Pay or Apple Pay |
| Investment fee | Free |
| Early exit fee | Free on the secondary market, buying and selling alike |
| Withdrawal fee | Free |
| Currency conversion | Free EUR accounts · crypto deposits converted at the market rate |
| Inactivity fee | Free profile may be closed after 12 months inactive |
| Withholding tax | 0% the platform withholds nothing, you declare the interest yourself |
Esketit earns through ESKCRO rather than through fees: ESKCRO keeps the difference between the rate the borrower pays and the rate you get, and pays Esketit under an agreement that isn’t public. When ESKCRO defaults, Esketit also takes the fees ESKCRO owes it and its own collection costs from the money recovered on your claims before you’re paid, with the collection costs never more than the amount recovered. The cost of using Esketit sits in the rate you’re offered and in who gets paid first if ESKCRO fails, not in its price list.
Pros and cons
What Esketit 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 Esketit 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.
- Esketit can suspend sales on its secondary market at its own discretion. During the October 2025 move from Ireland to Croatia, Esketit switched off its secondary market and the Cash out in its ready-made strategies for claims held under its Irish company. In August 2026, those claims still couldn't be sold, by one investor's account.
Who should use Esketit?
Esketit suits investors who read each loan’s agreement before they buy and put in only money they can afford to lose.
Esketit suits:
- Investors who read each loan’s assignment agreement before they buy, which Esketit lets them do
- A small, speculative position you can afford to lose in full
- Investors who want to leave out the loans that carry no buyback obligation, which Esketit’s filters do for them
- Investors who plan to hold each claim to maturity and want a fee-free secondary market as a fallback
Avoid Esketit if you are:
- Relying on the buyback to protect your capital, because it’s owed by a company Esketit owns and funded by loan originators tied to Esketit’s founders
- Looking for a regulator or a compensation scheme behind the platform, because Esketit has neither
- Taking Esketit’s track record as a guarantee, because AvaFin, its primary partner while it was built, has left
- Counting on selling before maturity whenever you choose, because Esketit can suspend its secondary market, as it did during its move to Croatia in October 2025
