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 Buyback
P2P Lending in Estonia: 21 Best Platforms Ranked (2026)
P2P lending in Estonia is partly a home game — several platforms in this ranking are Tallinn's own. Every platform in this ranking accepts Estonian investors. The platforms operate EU-wide, most of them across the whole EEA. We've scored all 21 on the same four dimensions we apply everywhere, with our own money on the top picks. Platforms we rate Not recommended stay in the ranking, with a link that only names the platform.
P2P lending platforms available in Estonia
All 21 P2P lending platforms in this ranking accept investors from Estonia. The loans span consumer, business, real-estate, and agricultural lending. Minimum investments start at €1 and run to €1,000. Advertised returns range from 6% to 16% per year. 11 of the 21 hold a MiFID II or ECSP licence, and the other 10 operate unregulated. The oldest platform here has taken investor money since 2014, the newest since 2023.
This is the same ranking that anchors our European P2P platform ranking. Availability doesn't change the verdicts. Every verified sign-up bonus is listed in the P2P bonus overview, and every market we cover is in P2P lending by country.
-
-
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 None
-
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 Buyback -
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 Mortgage -
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 Mortgage -
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 Buyback -
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 Buyback -
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 Buyback -
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 None
-
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 Buyback -
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 None -
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 Mortgage -
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 Mortgage -
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 Buyback -
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 Buyback
-
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 Collateral -
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 Buyback -
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 Mortgage -
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 None -
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 Collateral -
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 Buyback
Local platforms in Estonia
Estonia’s local platforms are in the ranking above, not in a separate list below it. Go & Grow is the automated consumer-loan product of Bondora, founded in Tallinn in 2008 and still lending there. Income Marketplace runs a Tallinn platform for claims on consumer and business loans from loan originators across Europe and Asia, and Monefit is the flexible earning product of the Creditstar group, another Tallinn consumer lender.
Estateguru, a Tallinn platform funding property-backed loans, holds a crowdfunding authorisation from Finantsinspektsioon and is open to new investors. Omaraha matches consumer loans directly between Estonian borrowers and private lenders, from Haapsalu rather than Tallinn. Modena, a Tallinn consumer and buy-now-pay-later lender, added an investment platform on its own loans in 2024. Devon is Estonian-registered but funds the Latvian MJL property group’s own developments with mezzanine loans. Crowdestate has returned its crowdfunding licence and no longer operates its own marketplace, its business now platform technology for others.
Every platform in this ranking accepts Estonian investors, and the Estonian platforms among them run without a licence even at home. None of the other Estonian platforms above has been through our review process, and the ranking carries only platforms we have reviewed. The three strongest are Mintos, Go & Grow, and VIAINVEST.
Euros, with no conversion step
The platforms in this ranking operate in euros, and Estonia is in the eurozone. Funding an account is an ordinary SEPA transfer from a Estonian bank, with no currency conversion anywhere in the chain.
Returns arrive in euros too, so what you see in this ranking is what you measure at home. The exchange-rate exposure that non-euro investors carry doesn't apply.
Regulation in Estonia
Estonia has no licensing framework of its own for P2P lending, and cross-border platforms wouldn’t fall under one anyway. A platform licensed under MiFID II or the EU crowdfunding regime answers to its home-country regulator, and that licence passports across the EU. Finantsinspektsioon, Estonia’s financial supervisor, authorises crowdfunding platforms under that EU regime, Estateguru among them, yet licenses none of the platforms in this ranking. The Estonian platforms in it, Go & Grow, Income Marketplace, and Monefit, operate with no financial licence at all.
11 of the 21 hold a MiFID II or ECSP licence, and crowdfunding licences can be checked in ESMA's register. The other 10 operate unregulated, which our Safety dimension prices in.
P2P investments sit outside the €100,000 bank deposit guarantee, and no scheme anywhere covers loans that default. The 5 MiFID II platforms in this ranking (Mintos, VIAINVEST, Nectaro, TWINO, and Debitum) are members of national investor compensation schemes under EU Directive 97/9/EC, which pay up to €20,000 if the firm itself fails to return your instruments or cash. An ECSP licence brings conduct rules but no compensation scheme, and the unregulated platforms carry neither.
How P2P returns are taxed in Estonia
Estonian tax residents pay a flat 22% on P2P interest. Estonia taxes a resident’s income at one proportional rate, 22% in 2026, and platform interest is declared in the annual income tax return for the year it reaches your platform account, reinvested or not.
13 of the 21 platforms in this ranking withhold no tax themselves, the Estonian Income Marketplace and Monefit among them per their own fee terms, so you declare what they pay in the return yourself. A loan originator can still withhold tax in its own country before the interest reaches you, and Income Marketplace’s contract with its Bulgarian originator provides for exactly that. Where tax is withheld abroad, by a platform or by a borrower or loan originator in its own country, the tax withheld, up to the treaty rate, counts against Estonia’s 22%, and you pay the difference in the return. The per-platform withholding row sits in each review’s fee table.
Savings-style products that pay their return as the price at which they buy back the loan claims you hold may be taxed differently, so check that treatment with the Tax and Customs Board or an adviser.
Losses on P2P loan claims count in Estonia only when the platform holds a crowdfunding licence under the EU regime, and how losses on notes such as Mintos Notes count is one for the Tax and Customs Board or a tax adviser. A loss from selling a claim bought through a licensed platform, or from a claim that platform has assessed as uncollectible that year, offsets gains on securities but not interest, and an unused loss carries forward if it was declared in the return. Loan claims bought through unlicensed platforms get no loss relief.
Loans made through a licensed crowdfunding platform from 1 January 2024 also qualify for Estonia’s tax-deferring investment account, provided the money sits in an account at a bank, payment institution, e-money institution or investment firm, which can be the payment-institution account a platform such as Estateguru uses. Whether notes such as Mintos Notes qualify is one for the Tax and Customs Board or a tax adviser.
Frequently asked questions
Can Estonian investors use these P2P platforms?
Yes, every platform in this ranking accepts investors from Estonia. The platforms operate across the EU, most across the wider EEA, and registration works the same as for any other EU resident.
Can I invest from a Estonian bank account?
Yes, every platform in this ranking takes SEPA transfers, and Estonian bank accounts are SEPA accounts. Deposits are ordinary euro transfers with no currency conversion anywhere in the chain.
Is P2P lending legal in Estonia?
Yes, P2P lending is legal for Estonian investors, and the country has domestic platforms of its own. Estonian residents invest on the platforms in this ranking like any other EU residents. Estonia itself has no P2P-specific framework, so the Estonian platforms in the ranking operate without a licence. Supervision of the licensed cross-border platforms sits with each one's home-country regulator, and the rest are unregulated.
Are these platforms supervised by Finantsinspektsioon?
No, none of the platforms in this ranking is supervised by Finantsinspektsioon. The Estonian platforms among them, Go & Grow, Income Marketplace, and Monefit, hold no financial licence at all. The licensed platforms answer to their own home-country regulators, and 11 of the 21 in total hold a MiFID II or ECSP licence, with the remainder unregulated.
How is P2P lending income taxed in Estonia?
Estonian tax residents pay a flat 22% on P2P interest, the same proportional rate Estonia applies to all of a resident's income, settled through the annual income tax return. 13 of the 21 platforms in this ranking withhold no tax themselves.
What is the minimum investment from Estonia?
€1 at Go & Grow is the lowest minimum investment on this list. 19 of the 21 platforms start at €100 or less, so testing with a small amount is realistic.