What is Income Marketplace?
Income Marketplace, called Income in its own agreements, is a P2P lending platform, based in Tallinn and operating since 2021. You buy claims on loans, most of them to consumers, that loan originators in Europe and Asia have made, and you contract with Income Company OÜ, the Estonian company that runs the marketplace.
When I opened my account in January 2026, Income Marketplace’s user agreement contained no fee at all. The agreement in force since 1 November 2026 charges a monthly fee on dormant accounts and no longer provides for a secondary market.
How does Income Marketplace work?
Income Marketplace lists claims on loans made by loan originators, and each claim is assigned to you under its own assignment agreement. The loan originator keeps collecting the borrowers’ repayments and must pass them within 5 calendar days to Income EST SPV OÜ, a company Income owns that acts for investors as security agent, which pays them on to your account within another 5 days. A repayment still on its way can show as up to 15 days late, per Income’s help page.
Every claim I held in October 2026 carried a buyback obligation, under which the loan originator buys the claim back once its loan is 60 days late. Most loan originators also keep part of each loan, and that part is paid only after investors.
Income Marketplace earns from the fees it charges the loan originators when investors buy their loans.
What you can invest in
Income Marketplace offers one kind of investment, claims on loans, from €10 a loan with auto-invest. The smallest first deposit Income accepts is €10. On 21 October 2026 the loans on offer ran from Hoovi’s Estonian instalment and business loans at 7–8% to Pinjam Yuk’s Indonesian instalment loans and Sandfield Capital’s British litigation loans at 15%.
A claim is a contract right to part of a borrower’s repayments, not a security, so it comes with no prospectus and sits with no custodian. Every claim pays you in euros, and the loan originator carries the exchange risk on loans made in rupiah or pounds.
What return can you expect on Income Marketplace?
While Income Marketplace’s statistics give its investors an average annual return of 13.05%, my own Income account earned about 11.7% a year from January to October 2026, counting interest accrued but not yet paid. A €6.85 referral bonus adds about a point on top. Income Marketplace’s rates hold, and my 11.7% sits below the 13.05% because most of my money was in ITF Group’s claims at 12–13%.
Interest keeps accruing while a loan is late, and the buyback pays it together with the principal, so under the assignment agreement a late loan costs you time rather than interest. That holds only while each loan originator can pay its buybacks, which ClickCash stopped doing in 2022.
My Income Marketplace strategy buys claims paying 10–15% a year. Income charges no fee while your money is invested, only a dormant-account fee when it isn’t. Repayments wait as cash only until auto-invest finds a matching loan, and €6.42 of my account was uninvested in late October 2026.
Income Marketplace has the ninth-highest Returns score of the 21 platforms I’ve reviewed, 4.0 out of 5. The score rests on what investors kept last year and this year, not on my own account and not on the risk of losing money, which Is Income Marketplace safe? covers.
Returns projection
What might you earn on Income Marketplace?
My return a year, Jan–Oct 2026 (11.7%)
€1,739
Income Marketplace's average investor return (13.05%)
€1,847
Top of Income Marketplace's advertised range (15%)
€2,011
Constant annual compounding, before tax. 13.05% is Income Marketplace's own figure for its investors' average return, and 15% the top of the rates it advertises, not a measured return. Any P2P investment can lose value.
Is Income Marketplace safe?
Income Marketplace protects your money against a late borrower but not against a loan originator that can’t pay, and no regulator or compensation scheme stands behind it. In my account the buyback has returned principal on loans that stayed late, and none of my principal had been lost by 21 October 2026. At ClickCash, which stopped paying its buybacks in 2022, investors still had €86,037 outstanding in November 2026, per Income Marketplace’s statistics. The buyback is owed by the loan originator, and only Income Marketplace’s own cash, €64,320 at the end of 2025, has stood in for the one that stopped paying. The risk in the assets you hold remains fully yours.
Income Marketplace has the seventh-highest Safety score of the 21 platforms I’ve reviewed, 2.7 out of 5. The score rests mostly on how Income is built, with no licence, unaudited platform accounts and a thinly capitalised operator, against a book spread over 15 loan originators, most of which keep their own share of each loan behind yours. It rests partly on Income’s record, where Vivus MX repaid in full in 2024 and ClickCash’s shortfall was still open four years on.
Is Income Marketplace regulated?
No, Income Marketplace isn’t regulated by any financial supervisor. Income Company OÜ, the company you contract with, appears in no register of investment firms or crowdfunding providers, in Estonia or at EU level, as of November 2026. The platform’s help page says its activity “does not fall within the scope of regulated financial services under current Estonian law”. No compensation scheme covers your money on Income.
Latvijas Banka, Latvia’s central bank and financial supervisor, lists “Income Company OÜ” among companies providing financial services that require a licence without one, in a warning updated on 21 September 2026, and says money invested with these companies isn’t protected under Latvia’s investor protection law.
What happens if Income Marketplace fails?
Your claims on Income Marketplace stay yours if Income itself fails, because Income Company OÜ isn’t a party to the assignment that makes them yours. ITF Group, the largest loan originator, assigns its claims to you directly, while on Sandfield Capital’s loans an Income SPV is the assignor. Income’s app says an insolvency administrator would then take over the settlement of all outstanding investments, and its user agreement has no clause on insolvency.
Collecting on your claims still runs through Income Marketplace. When a loan originator defaults, ITF Group’s assignment agreement lets only Income EST SPV OÜ, Income’s subsidiary, collect from the borrowers, and you can’t enforce a claim yourself. Repayments go from the SPV to Income Company OÜ, which credits them to your account.
Your uninvested cash sits in an account in Income Company OÜ’s own name at Verified Payments UAB, a Lithuanian e-money institution, whose terms treat the money in it as the company’s. The user agreement says Income Marketplace holds that cash on your behalf and apart from its own funds, and Estonian law keeps what an agent holds in its own name for someone else out of the agent’s bankruptcy estate.
If Income Marketplace closes down instead, the same agreement lets it hand every agreement and your data to any third party it chooses, with your consent given in advance and irrevocably.
Income Company OÜ itself lost €437,981 in 2025 on €693,261 of revenue, and its equity was negative at the end of 2024, per its unaudited annual report. Shareholder-loan conversions and about €169,000 of new money brought equity back to €94,175 by the end of 2025, less than the €251,167 of intangible assets on its balance sheet. That year-end left €64,320 in cash, and Income Marketplace’s own cash is the only money ClickCash’s investors have received since October 2023.
Loan originators
Income Marketplace lists 15 loan originators with investors’ money outstanding on 2 November 2026, the companies that made the loans behind your claims. The largest were ITF Group in Bulgaria with 18.0% of the money, Pinjam Yuk in Indonesia with 15.9%, Sandfield Capital in the UK with 14.7%, Ibancar in Spain with 13.3% and Virtus Lending in Kosovo with 12.1%, by Income’s statistics. Pinjam Yuk, which joined in April 2026, took 46.1% of the money investors put in during September.
Most loan originators keep a share of every loan they list, which ITF Group’s assignment agreement pays only after investors, at a minimum agreed with Income Marketplace’s SPV that the agreement doesn’t state. Sandfield Capital keeps none. Income sets the advance rate on its loans at 100% because an insurance policy covers the loans Sandfield makes to law firms, and the policy names a Sandfield company as beneficiary, not you, by Income’s own account. Sandfield Capital Limited’s filed accounts showed net assets of £19,436 at the end of January 2026, and £60 of capital and reserves at SFC4, the subsidiary the policy names.
Sandfield’s borrowers are UK law firms, the segment in which a Solicitors Regulation Authority investigation paused a litigation-finance loan originator’s payments on Mintos in 2026. Sandfield’s late share fell in Income Marketplace’s statistics from August to November 2026.
Late loans differ widely between Income Marketplace’s loan originators. On 2 November 2026, 69.9% of the money outstanding on Income was current, against 9.6% at Current LT and 44.9% at Pinjam Yuk, while Sandfield’s and Ibancar’s loans were 96–98% current.
My auto-invest held claims from only three of the 15, and on 21 October 2026, 71.6% of my outstanding principal sat with ITF Group, about four times its share of the platform. ITF is listed on the Bulgarian Stock Exchange and publishes audited accounts.
Buyback obligation
Income Marketplace’s buyback obligation protects you only as long as the loan originator that owes it can pay. Under the assignment agreement, the loan originator buys your claim back within 5 business days once its loan is 60 consecutive days late, for the principal still owed plus the interest accrued until then. No group company or guarantor stands behind that obligation in the agreement I downloaded. The platform’s help page also names a “Cashflow Buffer”, on terms in Income’s agreements with the loan originators, which aren’t public.
Personal experience · Reading the statement
The line I watch in my Income Marketplace statement reads “Principal collected by enforced buyback obligation”. By 21 October 2026 it had returned €1,096.24 of my principal, beside €1,735.78 of ordinary repayments, so buybacks accounted for 38.7% of the principal that came back. I never saw a buyback happen on the dashboard. The money reappeared, and auto-invest put it straight back into new loans.
Not all of that was the 60-day line at work. By my count from the statement and each loan’s scheduled dates, €703.62, about two-thirds, came back in the pattern the default buyback produces, €231.74, about a fifth, were early buybacks the loan originators had scheduled when they listed the loans, and the rest were other buybacks within 60 days of purchase, which Income Marketplace books under the same line.
Claims past 60 days wait in a “buyback initiated” status until the loan originator pays, and between 2% and 4% of the money outstanding on Income Marketplace sat there on each of four dates from August to November 2026, by its statistics. The buyback is owed by the same company whose borrowers are late.
Defaults and recovery
None of the three loan originators in my Income Marketplace account has stopped paying, and none of my principal had been lost by 21 October 2026. That day 26.3% of my outstanding principal was late, 13.1% of it by 31 to 60 days, after 27.6% in August.
Income Marketplace’s record holds one loan originator that recovered in full and one that hasn’t. Vivus MX in Mexico couldn’t get payments through its bank for about six months in 2023, left €553,143 overdue on 4 December 2023, and repaid all of it with accumulated interest by February 2024.
ClickCash, a Brazilian loan originator, fell behind on its buybacks in September 2022 with €246,878 of investors’ money outstanding, and Income Marketplace suspended it that November, before I opened my account. €182,878 was left when the recovery began, which Income expected to take six to eight months. ClickCash forwarded cash from its pledged loan book until October 2023 and has paid nothing since, and Income chose not to enforce the pledge in court because the costs would have consumed much of a small book. Income has covered part of the gap from its own cash, with payments paused from August 2024 until May 2025 and the latest, €2,000, on 3 October 2026, and says further payments depend on its cash flow. €86,037 was still outstanding in November 2026, four years after the suspension.
Conflicts of interest
Income Marketplace has four conflicts of interest with its investors, set out in its terms, its fees and its ownership.
- Income Marketplace can change its terms with no minimum notice period. A change takes effect on the date Income’s notice names, and an objection restricts your account to withdrawals. Once your last claim is repaid, you have 7 days to withdraw everything, or the objection lapses and the change applies to you, any new fee included. Income gave 17 days’ notice of the fee it introduced on 1 November 2026, and closing your account is the other way out.
- Income Marketplace and its subsidiary are paid before you when a loan originator defaults. The assignment agreement then lets Income EST SPV OÜ take its own and Income’s costs of the default from the money it collects, ahead of your interest and principal.
- Income Marketplace is paid by the loan originators whose loans it lists. Income earns on the fees it charges loan originators when investors buy their loans, per its help page. Fees from Bulgaria, where ITF Group is its only loan originator, came to €171,732 of its €693,261 revenue in 2025.
- A shareholder in Income Marketplace’s operator was the largest investor in the loan originator that stopped paying its buybacks. Singapore’s Tolaram group led Income’s 2021 seed round and was ClickCash’s largest investor, per Income’s own blog, and Tolaram Fintech still held 2.78% of Income in November 2026.
How do you use Income Marketplace?
You use Income Marketplace in four steps, from signing up to choosing how your money is invested.
- Sign up with your email address.
- Verify your identity with Veriff, using a passport or national ID card.
- Add money by SEPA transfer in euros from a bank account in your own name, with your reference number.
- Choose how your money is invested, by hand or with an auto-invest strategy.
Income Marketplace is tied for the fifth-highest Usability score of the 21 platforms I’ve reviewed, 3.5 out of 5. The score rests on Income’s auto-invest filters, the account statement that separates ordinary repayments from buybacks, and the tax statement. Two gaps in my account count against it: no notice when my deposit arrived, and a dashboard widget that disagreed with its own chart.
Opening an account
Income Marketplace verifies your identity through Veriff, which accepts a passport or a national ID card but not a driving licence or residence permit, per Income’s help page. I registered on the evening of 22 January 2026.
Deposits
Depositing on Income Marketplace is free and works only by SEPA transfer in euros. A transfer has to come from a bank account in your own name and carry your reference number, or it bounces back. My €1,000 left my bank at 21:01 on 22 January 2026 and was in my account by the next afternoon, with no email or notice to say it had arrived. It’s a small gap, but the silence made me log in to check.
Bank transfers go to Income Company OÜ’s account at Verified Payments UAB in Lithuania, the account that holds your cash.
Auto-invest
Income Marketplace has one kind of auto-invest, a strategy of filters you set. It filters loans by interest rate, remaining term, loan type, country, loan originator, loan status and early buyback, and you set how much goes into each loan. A Diversify setting spreads your money equally over the loan originators that match when you create the strategy, and stops investing altogether when one of them runs out of matching loans, per Income’s app and help page.
My strategy buys €10 claims paying 10–15% with 0–6 months of remaining term, from every loan originator, loan type and country, includes early-buyback loans, reinvests repayments and runs with Diversify off. From its first purchase on 30 January 2026 to 21 October, it bought 391 claims, all from three loan originators.
The remaining-term filter counts to a loan’s early-buyback date where the loan has one, not to its maturity, as Income Marketplace’s help page confirms. Setting the early-buyback filter to “Without Early Buyback” keeps a short-term strategy to loans issued for that term. Of the 124 claims in my 21 October export, 121 were on loans issued for longer than six months, 51 of them for two years. A short-term strategy that includes early-buyback loans ends up holding long ones whose early exit depends on the loan originator buying back on time.
Tax reports
Income Marketplace gives you a tax statement for your tax return, listing your deposits, interest, bonuses and withdrawals for a period and the interest you collected by country. The account statement exports every transaction as a spreadsheet, separating ordinary repayments, buyback repayments, interest and bonuses, and mine reconciled to the cent on 21 October 2026. The dashboard is less reliable. In August 2026 its cashflow widget put my average maturity at 666 days, while its own chart had my principal back by early 2027.
Support
Income Marketplace offers support by live chat, email at hello@getincome.com and phone, on weekdays from 10:00 to 17:00 CET, per its help page, and no support contact of mine has tested it.
How fast can you get your money out of Income Marketplace?
You can withdraw cash from Income Marketplace for free within 3 business days. Invested money comes out only as borrowers repay or loan originators buy claims back, because Income Marketplace has no secondary market, and the user agreement in force since 1 November 2026 no longer provides for one. Money with a loan originator that stops paying waits on its recovery, as ClickCash’s investors have since 2022.
Income Marketplace is tied for the seventh-lowest Liquidity score of the 21 platforms I’ve reviewed, 2.5 out of 5. The score rests on free withdrawals and a fast flow of repayments and buybacks in normal times, against no way to sell a claim, early buybacks a loan originator can postpone and ClickCash’s investors waiting since 2022. By 21 October 2026, €2,832 of the €3,910 I had put into claims had come back as repayments or buybacks, and auto-invest had reinvested it. That’s flow on the borrowers’ and loan originators’ schedule, not an exit you control.
Withdrawals
Income Marketplace withdrawals are free and take up to 3 business days, by its terms, and no withdrawal of mine is on record yet. A withdrawal goes only to the bank account in your own name that you deposited from, and you can’t cancel it once you’ve submitted it.
Early buyback
Income Marketplace’s Early Buyback has the loan originator buy back a long loan’s claims on a date it sets when it lists the loan, before the loan matures. The assignment agreement takes your consent to that date, lets the loan originator apply a discount it disclosed at listing, and lets it postpone the buyback while it lacks the funds, a right Income introduced for new loans in July 2024.
Every ITF Group claim in my October export had its early-buyback date about six months after the loan was listed. One I opened was bought back 17 days after that date, once the borrower had missed an instalment. These scheduled exits made up about a fifth of my buybacks by 21 October 2026.
Closing your account
You can close your Income Marketplace account once you hold no outstanding claims, by withdrawing your whole balance and then emailing a closure request from your account’s email address. Because claims can’t be sold, closing waits for your last claim to be repaid or bought back. The platform may close an account that has held no claims for 12 months, with 14 days’ notice.
What fees does Income Marketplace charge?
Income Marketplace charges no fee to deposit by bank transfer, invest or withdraw. The fee for a dormant account is Income Marketplace’s only fee, charged for leaving money in an account that holds no claims. Income Marketplace is one of 6 of the 21 platforms I’ve reviewed that charge an inactivity fee, as of September 2026.
Income Marketplace fees and costs | Deposit fee | Free by bank transfer |
| Investment fee | Free |
| Early exit fee | No secondary market loans held to repayment or buyback |
| Withdrawal fee | Free |
| Currency conversion | EUR-only platform SEPA deposits in euros only · loan originators carry the exchange risk on non-euro loans |
| Inactivity fee | €10/month after 60 days with no loans held and no deposit, withdrawal request or purchase, until the balance reaches €0 · invested accounts pay nothing |
| Withholding tax | 0% the platform withholds nothing, you declare the interest yourself |
When a loan originator defaults, Income Marketplace’s subsidiary can also take its costs from the money it recovers before you’re paid, as set out under Conflicts of interest. My statement shows no fee and no tax deducted from 22 January to 21 October 2026.
The dormant-account fee starts once an account has held no claim for 60 days with no deposit, withdrawal request or purchase in that time, and Income Marketplace takes it on the last day of each month until the balance reaches €0. Repayments arriving, logging in and switching auto-invest on or off don’t count as activity. You get emails after 30, 45 and 60 days, and no account can be charged before 31 December 2026. Withdrawing your balance once your last claim is repaid keeps the fee from starting.
Pros and cons
What Income Marketplace 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 Income Marketplace 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.
- Income Marketplace claims can't be sold before they're repaid or bought back. Income Marketplace has no secondary market, and its user agreement since 1 November 2026 no longer provides for one.
Who should use Income Marketplace?
Income Marketplace suits investors who want consumer loans with a 60-day buyback and accept that the buyback holds only while each loan originator can pay.
Income Marketplace suits:
- Investors who want consumer loans whose late payments end in a buyback, as mine did, while the loan originator can pay
- Investors who hold each claim until it’s repaid or bought back, since none can be sold
- Investors who’ll set their own spread across loan originators, which Income Marketplace’s auto-invest leaves to you
- A small position beside other platforms, sized for money that could wait years on a loan originator’s recovery
Avoid Income Marketplace if you are:
- Relying on the buyback to protect your capital, because it stops when a loan originator can’t pay, as ClickCash’s did in 2022
- Looking for a regulator or a compensation scheme behind the platform, because Income Marketplace has neither
- Counting on Income Marketplace to cover a loan originator’s shortfall, because its operator lost €437,981 in 2025
- Needing to sell before a loan is repaid or bought back, because Income Marketplace has no secondary market
- Uncomfortable with about a quarter of your outstanding principal running late, as mine was in August and October 2026
