Last Update: 14 August 2026
New investors receive 0.5% cashback on all investments made within the first 90 days after registration. I am currently winding down my investment in Esketit, which I started in October 2022. My outstanding portfolio on the platform stands at 2.672 €. The total return (XIRR) to date is at 11,14%. My assessment of this platform is neutral, so I neither recommend nor advise against investing here. Esketit is a Croatia-based P2P platform that launched in December 2020. On the platform, investors can invest in both consumer loans and business loans. The offered interest rates are often in the high single digit or low double digit range. Esketit was founded by two experienced entrepreneurs, Matiss Ansviesulis and Davis Barons, who have been active in the international non-bank lending sector since 2012. Through Esketit, the founders created a financing platform to support the lending activities of the loan originators they established. Thanks to the combination of competitive interest rates from profitable loan originators, high liquidity, and reliable repayments, Esketit has been one of the fastest-growing P2P platforms in Europe since its founding in 2020. Interestingly, the name “Esketit” is based on a song and a frequently used word by the US rapper Lil Pump, who came up with the expression “esketit” which refers to “Let’s get it”. All key facts and figures about Esketit at a glance. The driving forces behind Esketit are the two founders Matiss Ansviesulis (left) and Davis Barons (right), who have already built a succesful company with AvaFin Holidng, formerly known as Creamfinance. The idea behind Esketit is to establish a low-cost funding source for their worldwide lending operations. How does Esketit earn money? The platform generates its revenue primarily through commission fees charged to the lenders represented on the marketplace. These are divided into a fixed fee and a variable fee. The flexible fee depends on the financed loan volume on the platform. The average commission is around 2%, which corresponds to a standard market percentage. Particularly insightful was the shareholders’ open communication about their own shortcomings, including the underestimated complexity of acquiring external loan originators and the deliberate decision to grow more slowly rather than compromise on loan originator quality. P2P lending is a dynamic asset class where investors should stay continuously informed. You will find the latest news on Esketit on my P2P lending news page, where I cover other P2P platforms as well. Mojo Capital, an Esketit loan originator that provides business financing to other fintech companies associated with Esketit’s founders, has published a small set of financial figures for 2025. The net loan portfolio increased from EUR 1.2 million to EUR 12.9 million. At the same time, the company reportedly generated a net profit of EUR 388,000 during its first full financial year. Based on reported revenue of EUR 2.18 million, this corresponds to a profit margin of roughly 17.8%. Beyond these headline figures, however, there is very little information available to assess the company's financial stability. No balance sheet, no equity position, no cash flow statement, and no independent auditor’s opinion have been disclosed. As a result, the two-page marketing flyer does not provide a sufficient basis for a meaningful lender assessment. The overall score in my rating model has decreased from 32 to just 9 points. The two #Esketit shareholders have introduced their next loan originator project on Esketit. It is the Malaysia-based company Nimbura, which was founded in November 2025. According to its own statements, more than 30,000 loans have already been issued, and the company reportedly reached profitability after just four months. Audited financial figures are not yet available. The goal is to manage a net portfolio equivalent to EUR 10 million by the end of the year. The loans are offered on Esketit with terms ranging from 30 days to 6 months, with an average interest rate of 13%. Alternatively, you can subscribe to my Telegram channel or WhatsApp group (both free of charge) to receive real-time updates as soon as new developments emerge. Who are the main shareholders and management executives behind Esketit? Let’s have a look! Who owns Esketit? A look into the Irish company register reveals that “Esketit Platform Ltd.” is owned 50% each by the two founders Davis Barons and Matiss Ansviesulis. Both shareholders had already founded the Latvia-based SIA Cream Finance in 2012. This company was an internationally operating non-bank lender in the private consumer loan segment. Here too, the shares were split equally, with each Latvian founder holding 50%. Back in 2019, I was able to meet Matiss Ansviesulis in Riga, one of the Esketit owners. At the time, we also recorded a short interview during our meeting. In 2024, as part of my travels through the Baltics, I was able to meet both Esketit shareholders on-site in Riga and discuss a few topics. On July 30, 2025, Latvian Ieva Grigaļūne has been appointed as the new CEO of Esketit. She succeeded Vitālijs Zalovs, who has been with the platform since the beginning in 2021. Ieva brings nearly 10 years of professional experience working for Mintos, where she was responsible for business development, risk management, and product management. As a result, Esketit is now led by an experienced and industry-savvy manager. Her main responsibilities include overseeing the operational structure, continuing the platform’s expansion, and implementing licensing. To invest on Esketit, investors must meet two requirements: A minimum age of 18 years and a bank account in the European Union or the European Economic Area. The sign-up process on Esketit is fairly simple and intuitive. After opening the account via email, the KYC and AML questionnaires must be completed. After that, the verification of the identity takes place as well as from the bank account. Also legal entities have the opportunity to register with Esketit. New investors receive 0.5% cashback on all investments made within the first 90 days after registration. A platform overview with all bonus offers and cashback promotions can be found on the bonus page. How does Esketit work and what should investors know and consider when investing on the plaform? In the following sections of this Esketit review you will find all the necessary information that you need. On the Esketit marketplace, there are a variety of international lenders financing their loan portfolios through the P2P platform. Here’s a brief overview: For investors, there are no costs or hidden fees on Esketit. This applies to account maintenance, deposits, withdrawals, or any other services. Unfortunately, this is no longer a given on many other P2P lending platforms. The interest rates on Esketit are determined by the lenders and thus can be adjusted flexibly. At the moment, the range for interest rates on Esketit is currently between 7% and 12%. Personally, I have been continuously investing on Esketit since October 2022. During this time, I have achieved a total return of 11.15%, which corresponds to a realistic return expectation. If you invest enough money on the platform, you can improve your return even further. With an outstanding portfolio of more than EUR 25,000, you will receive an additional 0.5% interest and with more than EUR 50,000 even 1% more interest on all loans. On Esketit, investors can invest in loans either manually or via the Auto Invest feature. This allows loan repayments to be automatically reinvested according to the criteria chosen in advance. The Esketit Auto Invest is further divided into two types: the “Esketit Strategies” and the “Custom Strategies.” Custom Strategies are more or less the classic Auto Invest. Investors can select individual lenders, borrower countries, the term of the loans, the interest rates, the investment amount, the loan type as well as the buyback guarantee option. For the Esketit Strategies, there is currently only one predefined investment option. The “Diversified” strategy automatically invests in all available loans. The allocation is evenly divided, with 20% each in Spanda Capital, Mojo Capital, JMD Investments, Mortgage Loans, and MDI Finance. Investors who choose one of the predefined Esketit strategies can, if needed and depending on market demand, liquidate their entire loan portfolio immediately using the Cashout function. Esketit offers a secondary market where investors can both buy and sell loans early. When selling, a premium (up to 2%) or a discount (up to 20%) can be applied. There are no costs or fees for using the secondary market. Esketit promotes the concept of a buyback guarantee, whereby the loans are repurchased by the lenders after the loans are 60+ days late in the repayment schedule. Here, also the accrued interest is reimbursed. So far, the buyback guarantee on Esketit has always been honored by all lenders. Generally, interest income generated by loan financing is considered investment income and must be reported as such on the tax declaration. Unlike other platforms, Esketit does not withhold any taxes at the moment. For the tax declaration, investors can download an income statement for tax report purposes as PDF within the “Statement” tab in the main menu. This information can then be used and forwarded to the tax office. When considering a P2P platform, investors should take a very close look at the potential risk factors and evaluate them before making an investment. What should be considered in the specific case of Esketit? What are the underlying risks and how can they be assessed? Esketit was founded in December 2020 and launched operations in March 2021. The platform was originally registered in Ireland as “Esketit Platform Limited” and relocated its registered office to Croatia in late 2025, where it now operates under the name “Esketit d.o.o”. Due to its domicile in Croatia, the platform is not subject to any supervision or oversight by a financial authority. There is neither an investor compensation scheme nor any regulatory requirement for compliance or transparency standards. Currently, no financial reports are published by the platform. What speaks in favour of Esketit is its track record since 2021, during which the platform has consistently met its obligations towards investors. On the shareholder side, Matiss Ansvisulis and Davis Barons have a strong reputation and have previously established profitable business models across a range of borrower markets, which positively influences my personal risk assessment of the platform. That said, trust-building measures such as platform licensing, the publication of audited financial reports and a greater focus on transparent communication with investors would be desirable. Investor funds at Esketit are held in segregated accounts through Verifo and are therefore kept separate from the platform’s own operating funds. Verifo is a licensed e-money institution based in Lithuania. Unlike traditional bank deposits, there is no entitlement to compensation through a deposit guarantee scheme. Investors should therefore be aware that invested capital is subject to a real risk of loss, that returns are not guaranteed and that it may not be possible to recover the full amount invested. As part of the relocation of its registered office from Ireland to Croatia, all liquidity functions on the platform were temporarily deactivated in late 2025. This included both the secondary market and the option of early repayments through Esketit’s Auto Invest strategies. During this period, investors were unable to withdraw their invested capital ahead of schedule. The financial stability of a P2P platform is a key risk factor. Is Esketit already able to operate profitably? And how well is the company positioned financially? Annual Report No financial statement is published for investors. Auditor: Not Available No external audit firm engaged. Standard: Not Available No audited financial statement available. So far, no financial results have been published for the Esketit platform. This lack of transparency is a key risk factor that investors should take into account when forming an overall assessment. The founders of Esketit have over 10 years of experience in the international lending business. It is therefore reasonable to assume that they understand what to look for, both with their own lending companies and with external lenders. If individual loan defaults occur, they are covered by the lenders’ buyback guarantee. To date, this guarantee has been honored by all lenders without exception. It is also worth noting that all lenders on the marketplace are regulated and thus subject to national rules and regulations for lending. Should a lender nonetheless encounter problems, investors still retain claims and rights against the borrower. However, a comprehensive analysis of each lender is difficult for investors, as many loan originators have only a limited track record and therefore provide few or rarely meaningful figures on business performance. Check out the lender overview and comparison page for additional information regarding applied KPIs and their interpretation. In this section, I have listed the most important advantages and disadvantages of Esketit. What the final verdict of my Esketit review and which conclusions can be drawn for investors? Esketit is an Ireland-registered P2P platform where investors primarily invest in business loans from internationally operating lenders, earning returns of up to 12%. The popularity of Esketit, which has led to two top 5 rankings in the 2023 and 2024 community voting, is relatively easy to explain: The platform offers competitive interest rates, coupled with high liquidity and reliable repayments. Achieving a double-digit return with Esketit is therefore absolutely realistic. What also speaks in favor of Esketit is the experienced founder duo, who have built and established profitable business models in a wide range of borrower countries for more than a decade. Esketit is therefore set to establish itself as one of the best options in the P2P lending space for the long term. However, the change that Esketit has been undergoing since 2025 should also be taken into account: established lenders like AvaFin and Money for Finance have exited the platform, the operational management has been replaced, and there are increasing indications of a planned licensing. The departure of some bigger lenders is particularly significant, as Esketit is now increasingly taking on the profile of a P2P marketplace for new fintech startups with only a limited track record. The absence of financial figures therefore makes an objective evaluation of these companies difficult. Nevertheless, for those who believe in the success story of the P2P platform and value the founders’ previous performance and know-how, Esketit represents a reliable alternative for your P2P portfolio. New investors receive 0.5% cashback on all investments made within the first 90 days after registration. Already invested in Esketit? Or looking for similar platforms? Here are three Esketit alternatives from the P2P market. Afranga: A regulated P2P marketplace based in Bulgaria, serving primarily as a financing channel for the lending business of its parent company. Afranga stands out through its ECSP licence, competitive interest rates and a notably clean performance record with no capital losses for investors to date. More information in my Afranga review. Nectaro: A regulated P2P marketplace based in Latvia, operating under MiFID II regulations and backed by an internationally established group. Loans are primarily used to fund the lending operations of the parent company. Affiliated loan originators offer competitive interest rates and a solid track record. More information in my Nectaro review. Income Marketplace: An unregulated P2P marketplace headquartered in Estonia, which markets itself through innovative security features that are designed to protect investors from underperforming loan originators. Attractive combination of high interest rates and high liquidity. More information in my Income Marketplace review. You can find other Esketit alternatives on the P2P Platform Comparison page. Esketit is a P2P lending marketplace incorporated in Croatia. The platform primarily provides funding to fintech companies owned by its two shareholders to support their business development. Following its operational launch in December 2020, Esketit was, for many years, one of the most popular and fastest-growing platforms in the market. On Esketit, interest rates vary depending on the market phase and the loan originator. The range is typically between 7% and 12%. An expected return in the low double digits can be considered realistic. Since 2022, the re:think P2P lending portfolio has achieved an average annual return of 11.15%. In my Esketit review, the platform’s risks have been described in detail. It should be noted that Esketit is not supervised by any financial authority (lack of regulation), there is no deposit protection, and loan originator risk has a significant impact on the returns that can be achieved. Yes, Esketit offers a buyback guarantee. This means that loans must be repurchased by the loan originators once a certain repayment delay occurs (here: 60 days), including both the outstanding principal and accrued interest. So far, the buyback guarantee has been honored by all Esketit loan originators. I’m Denny Neidhardt, the founder of re:think P2P. On this blog, I help retail investors make smarter, well-informed investment decisions in the world of P2P lending. Since 2019, I’ve been publishing in-depth analyses, platform reviews, and risk assessments to bring more transparency to this investment space. My goal is to challenge marketing claims, question developments, and empower investors with honest, independent insights.
What is Esketit?
Esketit at a Glance
Founded / Started:
July 2020 / December 2020
Legal Name:
Esketit Platform d.o.o.
Headquarter:
Zagreb, Croatia
Regulated:
No
CEO:
Ieva Grigaļūne (July 2025)
Assets Under Management:
EUR 50+ million
Number of Investors:
31,000+
Expected Return:
11.8%
Risk Score:
4.8 / 10 (Rank 21 of 29) | View Methodology
Primary Loan Type:
Consumer Loans
Collateral:
Buyback Guarantee
The Origin Story
Esketit was founded in July 2020. The launch of the website happened in December 2020 and the first loans have been issued in March 2021.Business Model
Esketit On-Site Visit
In June 2024, I visited the Esketit team in Riga. During my visit, I had the opportunity to speak with both shareholders Matiss Ansvisulis and Davis Barons as well as the then-CEO Vitalijs Zalovs. The conversations centred around three core topics: The limited loan supply on the platform at that time, the changed relationship with AvaFin following its acquisition by Capitec Bank and the business development in the Middle East, particularly in Jordan.Esketit News
Shareholder and Management
Esketit Shareholder
Esketit Management
Sign Up and Bonus
Esketit Bonus
Investing on Esketit
Loan Offering
Costs and Fees
Expected Returns
Auto Invest
Secondary Market
Buyback Guarantee
Esketit Taxes
Esketit Risks
Platform Risk
Red Flags -5
Segregation of Funds and Deposit Protection
Esketit in Crisis Situations
Financial Stability
Lender Risk
Loan Originator
Year
Audited
Profit
ROA
Equity Ratio
Debt
Liquidity
Impairments
Score
A24 Group
Credus Capital
Jet Finance
2024
Grant Thornton
EUR 1,18M
4,3%
20,6%
3,86%
14,9
7,6%
77
JMD Investments
2024
Baker Tilly
EUR 4,63M
32,2%
51,8%
0,93%
0,25
60
MDI Finance
Mojo Capital
2025
Unaudited
EUR 388K
9 (32)
Nimbura
Spanda Capital
2024
Cortés y Asociados Auditores
EUR 12K
0,4%
0,2%
447
1,74
35
Advantages and Disadvantages
Summary Esketit Review
Esketit Alternatives
FAQ Esketit Review
Hi Denny, thanks for the review again!
You didn’t mentioned JMD Investments SIA in your list of lenders. Why is that?
Esketit has stopped publishing loans for Money for Finance (Jordan), but continues with JMD investments (Holding Jordan). Why is not really clear (regulation preparation?). Unfortunately, their communication is not anymore what it used to be.
Hi Thijs! Thanks for your comment.
On Friday, I started a bigger overhaul for the Esketit review which is not done yet. I expect this to be completed within the next few days. JMD Investments will then be included as well.
Have a good weekend,
Denny
After 5 months on Esketit I am at 6% IRR. WHY? Cashdrag. But not only. THe money will stay idle in your account for a week, then you will get a mini investment of a few euros, then again, nothing for days. Solution? Buy on the Secondary Market. I have counted in the last days up to 100.000 in loans, each day, put for sale with a Premium. So how come tens of thousand are issued daily and INSTANTLY put for sale? Well, Esketit will sell them to you with a premium. So buy as no other solution to stay invested. Hours later, or few days later it gets bought back. While this can happen, I don’t think it is a coincidence… 30% of what you buy on SM gets bought back in days… then probably reissued with a Premium. Not a transparent and honest platform.