Nectaro Review 2026: My €1,000 Test of the Regulated Newcomer

What is Nectaro?

Nectaro is a P2P investment platform selling notes backed by loans, based in Riga and operating under the Nectaro name since 2023. It’s run by SIA Nectaro, an investment firm licensed by Latvijas Banka, and belongs to DYNINNO, a group founded in 2004 with travel, finance, entertainment and tech businesses in 50 countries, per Nectaro’s homepage. On Nectaro you buy notes, securities backed by loans that DYNINNO’s own companies make, most of them to other companies in the group.

At the end of 2025, a month before I registered, Nectaro’s investors held €19.5 million of its notes. On 19 October 2026 they held €30.4 million, per Nectaro’s statistics.

How does Nectaro work?

Nectaro turns loans made by DYNINNO’s loan originators, which Nectaro calls lending companies, into notes, the securities you buy on the platform. Each note is issued by one of three issuing companies Nectaro owns, Nectaro Alpha, Bravo or Charlie, under a base prospectus approved by Latvijas Banka. On the business notes, Abele Finance lends to other DYNINNO companies, keeps 5% of each loan and sells the right to the rest of its repayments to Nectaro Charlie, which issues the notes. On the consumer notes, the group’s loan originators in Moldova and Romania borrow from another DYNINNO company, and the notes are backed by that borrowing. Either way, what you buy is a regulated wrapper around one group’s credit.

A Nectaro note pays you only once the money behind it arrives, and the terms give Nectaro up to 10 business days after that to credit your account. If a loan originator is more than 10 days late paying the issuing company, the prospectus lets each note’s Final Terms charge it a pending payment penalty for noteholders, and the Final Terms of the note I hold set none.

Every product line carries a buyback obligation, or on the consumer notes an early repayment obligation, under which the loan originator buys back or repays a loan more than 60 days late.

The loan originators, not you, pay Nectaro a 3.9% yearly fee on the notes outstanding.

What you can invest in

Nectaro offers one kind of investment, notes, from €50 a note as of September 2026. The notes come in seven product lines, named by the borrowers’ country and loan type: business notes for loans to group companies in Cyprus, the Philippines, Moldova, Romania and Latvia, and personal notes for consumer loans in Moldova and Romania. In October 2026 Nectaro’s page for its loan originators listed rates of 9–14% for Abele Finance’s business loans, 12–13.5% for the Romanian consumer loans and 12.5–14% for the Moldovan ones. Since May 2026 Nectaro has also sold notes with 30-day terms. All of them are issued by companies Nectaro owns and held as entries in Nectaro’s own register.

What return can you expect on Nectaro?

While Nectaro’s notes carried an average rate of 12.8% a year in October 2026, per its statistics, my own Nectaro portfolio earned about 10.8% a year after the 5% withholding tax, from February to October 2026.

Nectaro’s rates hold, and two things explain the gap between the average rate and my own return:

• The 5% withholding tax, which takes about 0.6 percentage points off a 12.8% rate. It’s a prepayment of your tax, and Nectaro’s help centre says you can usually offset it against the tax you owe at home.
• My 12-month limit on auto-invest. My first four notes were Abele Finance business notes paying 11–11.5%, about 1.5 points below the average and 2.5 below the best notes. In August 2026 the notes paying 13.5–14% ran 1 to 5 years, so the limit was the price of knowing when the money comes back.

Nectaro charges investors no fees, and its auto-invest reinvests anything from €10, which keeps cash waiting between notes short.

Counted from my deposit, my account returned 9.8% a year, because the money sat idle for 23 days before I switched auto-invest on, and Nectaro invested it the same day. I was the delay. My account ended the period at €1,068.67. Nectaro’s own dashboard put my average annual return higher still, at 11.39% in August, without saying how it counts.

Nectaro has the fifth-highest Returns score of the 21 platforms I’ve reviewed, 4.5 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 Nectaro safe? covers.

Constant annual compounding. The 12.8% is the average rate of the notes on offer on 19 October 2026, before the 5% tax Nectaro withholds, not a measured return. No Nectaro note can be sold before it matures. Any investment in notes can lose value.

Is Nectaro safe?

Nectaro protects your money against its own failure but not against the failure of its group’s companies, and every company behind its notes belongs to that group. As a licensed Latvian investment firm, Nectaro holds your notes and cash apart from its own assets, with up to €20,000 from Latvia’s investor compensation scheme. Its statistics showed no investor loss on 19 October 2026, because its loan originators buy back or repay every loan more than 60 days late. My own notes were all on schedule when I checked them in August 2026. The risk in the assets you hold remains fully yours.

Nectaro has the ninth-highest Safety score of the 21 platforms I’ve reviewed, 2.5 out of 5. The score rests mostly on how Nectaro is built, with a licence and notes held apart from its own assets weighed against a loan book lent entirely within its own group, and partly on a short record under the Nectaro name that hasn’t yet shown the group paying its investors through a stress. A “guarantee” that Nectaro’s blog promises and its prospectus doesn’t contain also counts against it.

Is Nectaro regulated?

Yes, Nectaro is regulated as an investment firm in Latvia. SIA Nectaro has held a Latvijas Banka licence for investment services since 29 March 2023, safekeeping your notes included, per the Latvijas Banka register. As an investment firm holding client money and securities, Nectaro must have its auditor report to Latvijas Banka every year on how it safeguards them, under an EU rule, and its annual reports don’t publish the result. Nectaro is one of 5 of the 21 platforms I’ve reviewed licensed under MiFID II, the EU’s rules for investment firms, as of September 2026.

What happens if Nectaro fails?

Your notes and uninvested cash on Nectaro stay yours if Nectaro itself fails, because its terms keep your notes out of its insolvency and your cash in client accounts apart from its own money. Latvia’s investor compensation scheme pays the full amount Nectaro can’t return, up to €20,000. The scheme pays nothing when a borrower, a loan originator or an issuing company defaults. If Nectaro became insolvent, Latvijas Banka would supervise the process, and Nectaro’s prospectuses say an appointed administrator would take over and keep servicing investors’ accounts, though the proceedings could delay repayment considerably.

What you own on Nectaro is a note from one of the three issuing companies Nectaro owns, held only as an entry in Nectaro’s own register. Each note is a limited-recourse security, so if the money behind it falls short, the shortfall is yours and you can’t claim it from the borrower, the loan originator or Nectaro.

Uninvested cash on Nectaro is held as client money in SIA Nectaro’s own-name accounts and earns no interest. My deposit went to its account at Swedbank in Latvia. If the bank holding it fails, any loss is yours, because the terms make you waive your claims against Nectaro for it.

SIA Nectaro itself still runs at a loss. Its BDO-audited 2025 accounts show a loss of €1.43 million on €368,000 of revenue, with marketing spend more than doubled to €676,487, and say its going concern depends on financial support from its parent company, which has confirmed it will provide it. The operator is still buying its growth, and the parent had raised Nectaro’s paid-up capital to €4.12 million by September 2026, per the Latvian company register.

Loan originators

Nectaro lists three loan originators in October 2026, the companies that made the loans behind your notes, and all three belong to DYNINNO. Abele Finance, registered in Latvia in June 2024, makes business loans to other DYNINNO companies. EcoFinance’s two companies, trading as CreditPrime, make consumer loans in Moldova and Romania.

Abele Finance’s loans made up 77% of the money in Nectaro’s notes on 19 October 2026, per Nectaro’s statistics. The largest borrower, with 36.5%, was DYNINNO FINTECH HOLDING, the group’s holding company in Cyprus and Nectaro’s own parent. WarmCash, a Philippine consumer-loan company, had 19%, EcoFinance in Moldova 12%, EcoFinance in Romania 6% and DYNATECH, the group’s Latvian IT company, 3%. The two EcoFinance companies’ consumer loans made up the other 23%, so EcoFinance in Moldova carried 29.5% of the money through both routes. One of the notes I held in October 2026 was backed by a €95,000 loan from Abele Finance to the holding company at 12.5% a year, repayable in one sum in June 2027. Spreading your money across Nectaro’s product lines spreads it across countries, not across owners.

Abele Finance had €440,851 of equity at the end of 2025, about 3.3% of its €13.6 million of assets, in accounts that BDO reviewed but didn’t audit. Its loans to the group are unsecured and repaid in one sum at maturity, per the prospectus, so it can pay the issuing company only as long as the borrowers repay on time.

The holding company and WarmCash, between them 56% of the money, carry little capital of their own. DYNINNO FINTECH HOLDING had USD 2.77 million of equity at the end of 2024 in its PwC-audited accounts, against about €11.1 million of investors’ money lent to it in October 2026, and its 2025 accounts hadn’t been prepared by September 2026, per the prospectus. WarmCash reported a 2025 loss of PHP 99.4 million and liabilities exceeding its assets by PHP 127.9 million, about €1.8 million, and its auditor flagged material uncertainty about whether it can keep operating. WarmCash has had a different auditor for each of its last three years of accounts.

EcoFinance in Moldova, behind 29.5% of the money, was fined MDL 1.23 million by the National Bank of Moldova in September 2025 for breaking responsible-lending, tied-sales and other rules. Moldova’s National Commission for Financial Markets opened an inspection in September 2026 of its consumer-lending practices, including its credit costs and add-on insurance. Its equity fell from 22.6% of its assets at the end of 2024 to 8.7% a year later, per the National Bank’s figures, after the bank ordered more provisions for bad loans. EcoFinance in Romania, the other 11%, reported a 2025 profit of RON 18.3 million in accounts audited without qualification.

The published accounts of each of these companies are linked from Nectaro’s prospectuses, and the Key Information Document of the note I hold describes the borrowers as “Nectaro related companies”.

Buyback obligation

Nectaro’s buyback obligation protects you only as long as the DYNINNO loan originator behind it can pay. On the business notes, Abele Finance buys back a loan once it is more than 60 days late, for the principal still owed plus the interest earned, wherever a note’s Final Terms say the obligation applies, as they do on the note I hold. On the consumer notes, an early repayment obligation does the same job, because there the loan originator borrows the money rather than selling its loans. The issuing company pays you only once it has received the price, and the prospectus records “no credit enhancements or liquidity support” behind it.

A large share of the consumer notes has ended in a buyback. On 19 October 2026, Nectaro’s statistics showed 23% of the Romanian consumer notes’ principal and 16% of the Moldovan ones’ already bought back or repaid early, against under 1% on the business notes, each counted as a share of the line’s principal with repaid loans included. None of my notes had needed one by August 2026.

Nectaro’s parent company has given a “group guarantee” for Abele Finance’s obligations, but to Nectaro, not to you. DYNINNO FINTECH HOLDING’s “guarantee”, announced in December 2025, covers “all present and future payment and performance obligations of Abele Finance towards Nectaro”, per Nectaro’s announcement, and the agreement itself is unpublished. Nectaro has described its scope in two different ways. Its February 2026 blog post says the holding company “has provided a guarantee for the repayment of all business loans”, while the prospectus for the Abele Finance notes records no credit enhancement, and a “guarantee” promised beyond the prospectus counts against Nectaro’s Safety score.

In October 2026 Nectaro wrote that the “guarantee” provides “less additional protection” for investments where the holding company itself is the borrower, as it was on 36.5% of the money in Nectaro’s notes that month. The company that guarantees Abele Finance is also its largest borrower and Nectaro’s owner, so one failure at the holding company would stop payments on 36.5% of the money, leave the “guarantee” without a solvent guarantor and remove the parent support SIA Nectaro’s going concern depends on.

Defaults and recovery

None of my Nectaro notes had been late, bought back or defaulted when I checked each of them on 15 August 2026, and two of my first four had already repaid in full. Those six months of payments on time are consistent with a well-run group, not proof of one.

No Nectaro note shows a default, because its loan originators buy back or repay every loan more than 60 days late, and its help centre says there is no “defaulted” status. Its statistics showed 5% of the Romanian and 8% of the Moldovan consumer notes’ principal late by up to 60 days on 19 October 2026, and no late loans on the business notes. The zero loss shows the loan originators paying for late loans, not the borrowers repaying them.

EcoFinance’s Russian sister company was suspended on Mintos in June 2022, and €1.3 million was still owed to its investors at the end of July 2026, according to figures Nectaro gave P2P Empire. DYNINNO FINTECH HOLDING’s 2024 accounts classify that company as held for sale, after writing down its value by USD 2.5 million.

SIA Nectaro, the licensed company behind Nectaro, ran another P2P platform before DYNINNO bought it. It is the same legal entity that was registered in 2016 as Dofinance, SIA and ran the DoFinance platform under its previous owner, Alfa Finance Group, funding that group’s loan originators in Poland and Indonesia rather than DYNINNO’s. DoFinance’s loan originators stopped buying back loans in March 2020, and the platform stopped regular payouts in April 2020. In 2023 the defaulted claims were sold off, leaving investors a final 4.32% of nominal on the Polish claims and a sale price of 0.2% on the Indonesian ones, per DoFinance’s own archived posts. DYNINNO FINTECH HOLDING acquired the company in 2023, the year it was renamed SIA Nectaro. Nectaro’s annual reports, help centre and blog don’t mention DoFinance as of October 2026, though its September 2026 prospectus gives the former company name.

Conflicts of interest

Nectaro has six conflicts of interest with its investors, set out in its terms, its prospectuses and its ownership.

• Nectaro can change its terms 30 days after posting them, and you can’t leave while you hold notes. A change takes effect at once if it is in your favour, and the terms give you no way to object. You can close your account only once you hold no notes other than suspended or defaulted ones, so new terms apply to money that can’t move. The terms also let Nectaro transfer your agreement to another company with the same beneficial owner, telling you but without asking you.
• Nectaro’s fees are paid before you on every note. The prospectus pays taxes and the fees owed to Nectaro first, then servicing and recovery costs, and only then noteholders, and neither the issuing company nor Nectaro is liable for how that order is applied, minor errors included.
• Nectaro is paid by the loan originators it lists. They pay it 3.9% a year on the notes outstanding, and three group companies, Abele Finance and the two EcoFinance companies, paid all €367,938 of its 2025 revenue, per its audited accounts.
• One owner sits on every side of your notes. DYNINNO FINTECH HOLDING owns Nectaro, which owns the issuing companies, and the holding company also owns the loan originators and is Abele Finance’s largest borrower. The prospectus itself warns that shared decision-makers expose the loan originator to “excessive risk appetite”, with loans possibly extended “without adequate evaluation of the Borrower’s credit risk on terms not commonly accepted in transactions between unrelated parties”.
• The group decides when a failed note is written off. Once a note is past maturity and unpaid, it’s cancelled when the loan originator, or Nectaro and the issuing company where a buyback was owed, decide in good faith that nothing more can be collected, or after 10 years, and you then have no further claim.
• Nectaro’s terms tell you not to disclose information about the agreement “that may concern the interests of Nectaro”. The clause binds only you and makes no exception for criticism, though the terms themselves are public.

How do you use Nectaro?

You use Nectaro in five steps, from signing up to choosing how your money is invested.

1. Sign up with your email address and confirm it.
2. Verify your identity with a photo of your face, both sides of your passport or ID card and a short video, and answer Nectaro’s questions about yourself.
3. Take the Suitability & Appropriateness assessment, which you must complete before you can invest.
4. Add money in euros by bank transfer from an account in your own name, with your investor ID as the reference.
5. Choose how your money is invested, by hand or with one of Nectaro’s two kinds of auto-invest.

Nectaro is tied for the fifth-highest Usability score of the 21 platforms I’ve reviewed, 3.5 out of 5. The score rests on Nectaro’s auto-invest, which filters notes by product line, term and rate and reinvests every repayment, and on the tax report it emails you on request. Two things count against it: a custom strategy can’t set how much goes into each note, and support runs by email only.

Opening an account

Nectaro verifies your identity before you can invest, from a photo of your face, both sides of your ID document and a short liveness video. Nectaro’s help centre and terms don’t name the company that runs the check, as of October 2026. Individuals and companies resident in the EEA can open an account, and individuals must be 18 or older. The Suitability & Appropriateness assessment, which MiFID II requires, checks whether the notes fit your finances, risk tolerance, knowledge and experience. I registered on 29 January 2026.

Deposits

Depositing on Nectaro is free by bank transfer in euros, from an account in your own name or through a payment service. Its help centre says a transfer is credited within 1–3 business days. My €1,000 SEPA transfer of 4 February 2026 was credited the same day.

Auto-invest

Nectaro has two kinds of auto-invest, a custom strategy you set yourself and AutoPilot, a ready-made strategy added in April 2026.

A custom strategy filters notes by product line, term and minimum rate within a total limit you set, and the platform may pause, change or end the feature without notice. Auto-invest buys between €10 and €250 of a note in each order, and a custom strategy has no setting for a smaller amount per note. When I switched mine on, on 27 February 2026, with a 12-month maximum term and no minimum rate, it put my €1,000 into four notes of €250 each the same day. Four settings make it simple, and the flip side is that the €250 ceiling, not you, decides how thinly a small deposit is spread. In October 2026 my strategy covered every product line, with terms of up to 12 months and a €2,000 limit.

Tax reports

Nectaro emails you a tax report for the period you choose when you request it on its Statement page. The report and your statement show the tax withheld from your interest. In August 2026 my statement showed the tax beside each interest payment, and the export I downloaded on 22 October summed up the totals without individual transactions.

Support

Nectaro offers support by email only, at support@nectaro.eu, a channel no support request of mine has tested yet. Its help centre lists no chat, phone line or support hours, and says support runs only in English. The complaints policy promises an answer to a complaint within 15 business days.

How fast can you get your money out of Nectaro?

You can withdraw cash from Nectaro for free within 5 business days, plus up to 2 business days for your bank to credit it. Invested money comes back only as each note repays, because Nectaro has no secondary market, and repayments reach your cash account up to 10 business days after Nectaro receives them. The terms let a note pass to another registered investor, but the platform offers no market to find one, and its help centre says a secondary market is planned “in the future”. Money with a loan originator that stopped paying would come back only as far as it was recovered.

Nectaro is tied for the third-lowest Liquidity score of the 21 platforms I’ve reviewed, 2.0 out of 5. The score rests on Nectaro’s published withdrawal terms, since I haven’t withdrawn yet, weighed against notes that can’t be sold before they mature.

Withdrawals

Nectaro withdrawals are free and take up to 5 business days, plus up to 2 for your bank, terms no withdrawal of mine has tested yet. The smallest withdrawal is €10, in euros, to an account in your own name. The help centre says withdrawals may be restricted while an auto-invest strategy is running. My cash stood at €5.61 on 21 October 2026, below that minimum, because auto-invest reinvests everything from €10.

Closing your account

You can close your Nectaro account with 14 business days’ notice, by email or in your profile, once you hold no notes other than suspended or defaulted ones. Your cash is then paid out within 5 business days, and any suspended or defaulted notes stay in a dormant account until they’re repaid or written off. Nectaro’s help centre says that keeping money without investing “is not permitted, and inactive accounts are deleted after one year”, but its terms contain no such rule.

What fees does Nectaro charge?

Nectaro charges investors no fee to deposit by bank transfer, invest, withdraw or close an account.

What Nectaro earns comes instead from the 3.9% yearly fee that the group’s loan originators pay it on the notes outstanding. If a loan originator stops paying, recovery and legal costs come out of the money recovered before noteholders are paid.

My statement to 22 October 2026 shows no fee at all, only my deposit, my investments, the repayments, the interest and the tax withheld.

Pros and cons

Who should use Nectaro?

Nectaro suits investors who want a licensed platform and a high fixed rate and can hold each note to maturity.

Nectaro suits:

• Investors who want a licence, segregated custody and Latvia’s compensation scheme protecting them against the platform itself
• Investors who can leave each note until it matures, because none can be sold before then
• A small position beside a core held elsewhere, sized so you could lose it if the DYNINNO group ran short
• EU and EEA residents outside Latvia who want 5% tax withheld at source and a tax report on request

Avoid Nectaro if you are:

• Unable to afford losing the money if the DYNINNO group ran short, because the largest borrower, Nectaro’s own parent, 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
• Looking to spread your money across independent companies, because every company behind Nectaro’s notes belongs to the DYNINNO group
• Likely to need the money before your notes mature, because Nectaro has no secondary market
• Counting on the parent company’s “guarantee”, because it’s owed to Nectaro, not to you