On this page you will find my P2P platform comparison. Since there are already 200+ different platforms in Europe alone, you will get a compact overview of the largest and most important providers that you should know as a private retail investor.
The pre-selection is based on personal criteria. Overall, the selection is divided into two tables, each of which is arranged alphabetically. The first table contains the top 10 P2P platforms that investors should currently consider first when making a choice where to invest. In the second table there is a selection of advanced platforms.
Please note that the P2P platform comparison presented is for guidance only and is not intended to be a recommendation for or against any P2P platform. Read more in the disclaimer.
Last update: 05.12.2023
My Top 10 P2P Platforms in Europe
- Bondora: Estonia
- Esketit: Ireland
- Estateguru: Estonia
- Income Marketplace: Estonia
- LANDE: Latvia
- PeerBerry: Croatia
- Profitus: Lithuania
- Robocash: Croatia
- Twino: Latvia
- Viainvest: Latvia
- Bondora: 2008
- Esketit: 2020
- Estateguru: 2013
- Income Marketplace: 2020
- LANDE: 2019
- PeerBerry: 2017
- Profitus: 2018
- Robocash: 2017
- Twino: 2015
- Viainvest: 2016
- Bondora: No
- Esketit: No
- Estateguru: No (Ongoing Application for ECSP License)
- Income Marketplace: No
- LANDE: No (Ongoing Application for ECSP License)
- PeerBerry: No
- Profitus: Yes (Central Bank of Lithuania)
- Robocash: No
- Twino: Yes (Financial and Capital Market Commission)
- Viainvest: Yes (Financial and Capital Market Commission)
Are the P2P platforms regulated and controlled by a supervisory authority? The decisive factor is the regulation as a platform, not the supervision of individual lenders of the platform.
- Bondora: Consumer Loans
- Esketit: Consumer Loans
- Estateguru: Real Estate Loans
- Income Marketplace: Consumer Loans
- LANDE: Agricultural Loans
- PeerBerry: Consumer Loans
- Profitus: Real Estate Loans
- Robocash: Consumer Loans
- Twino: Consumer Loans
- Viainvest: Consumer Loans
- Bondora: Yes
- Esketit: Yes
- Estateguru: Yes
- Income Marketplace: Yes
- LANDE: Yes
- PeerBerry: Yes
- Profitus: Yes
- Robocash: Yes
- Twino: Yes
- Viainvest: Yes
- Bondora: 1 Euro
- Esketit: 10 Euro
- Estateguru: 50 Euro
- Income Marketplace: 10 Euro
- LANDE: 50 Euro
- PeerBerry: 10 Euro
- Profitus: 100 Euro
- Robocash: 10 Euro
- Twino: 10 Euro
- Viainvest: 10 Euro
- Bondora: None
- Esketit: Buyback Guarantee (60 Days)
- Estateguru: Mortgage
- Income Marketplace: Buyback Guarantee (60 Days)
- LANDE: Land, Grain and Machinery
- PeerBerry: Buyback Guarantee (60 Days)
- Profitus: Mortgage
- Robocash: Buyback Guarantee (30 Days)
- Twino: Buyback Guarantee (60 Days)
- Viainvest: Buyback Guarantee (60 Days)
- Bondora: Yes
- Esketit: Yes
- Estateguru: Yes
- Income Marketplace: No
- LANDE: Yes
- PeerBerry: No
- Profitus: Yes
- Robocash: Yes
- Twino: Yes
- Viainvest: No
- Bondora: 1 Euro Withdrawal Fee at Bondora Go & Grow
- Esketit:
- Estateguru: 1 Euro Withdrawal Fee; 3% Transaction Fee Secondary Market (Price List)
- Income Marketplace:
- LANDE:
- PeerBerry:
- Profitus: 2% Transaction Fee Secondary Market
- Robocash:
- Twino:
- Viainvest: 2 Euro Inactivity Fee after 3+ Months
- Bondora: 4%
- Esketit: 13,25%
- Estateguru: 10,76%
- Income Marketplace: 11,81%
- LANDE: Bis zu 14%
- PeerBerry: 12,5%
- Profitus: 10%
- Robocash: Up to 13,3%
- Twino: 12%
- Viainvest: Up to 13%
The expected return refers to information provided by the P2P platform. These numbers do not display a guarantee to reach a certain return.
- Bondora: 5 Euro Bonus
- Esketit: 0.5% Cashback for 90 Days
- Estateguru: 0.5% Cashback for 90 Days
- Income Marketplace: 1% Cashback for 30 Days (Code “Q6DCGX“)
- LANDE: 1% Cashback for 180 Days
- PeerBerry: 0.5% Cashback for 90 Days
- Profitus: 25 Euro Bonus (Code “RETHINKP2P25“)
- Robocash: 1% Cashback for 30 Days
- Twino: 20 Euro Bonus (100 Euro Investment)
- Viainvest: 10 Euro Bonus
- Bondora: Bondora Review
- Esketit: Esketit Review
- Estateguru: Estateguru Review
- Income Marketplace: Income Marketplace Review
- LANDE: LANDE Review
- PeerBerry: PeerBerry Review
- Profitus: Profitus Review
- Robocash: Robocash Review
- Twino: Twino Review
- Viainvest: Viainvest Review
- Bondora: 3,42 out of 5
- Esketit: 4,15 out of 5
- Estateguru: 2,63 out of 5
- Income Marketplace: 3,77 out of 5
- LANDE: 3,89 out of 5
- PeerBerry: 3,97 out of 5
- Profitus: 2,44 out of 5
- Robocash: 4,13 out of 5
- Twino: 3,03 out of 5
- Viainvest: 3,36 out of 5
Results refer to the Community Voting 2023.
Extended Selection of P2P Platforms
- Afranga: Bulgaria
- Boldyield: Estonia
- Bondster: Czech Republic
- Crowdpear: Croatia
- Debitum: Latvia
- Exporo: Germany
- Fellow Finance: Finland
- HeavyFinance: Lithuania
- iuvo Group: Estonia
- Lendermarket: Ireland
- Max Crowdfund: Netherlands
- Mintos: Latvia
- Monefit SmartSaver: Estonia
- Monestro: Estonia
- NEO Finance: Lithuania
- Swaper: Estonia
- Afranga: 2021
- Boldyield: 2019
- Bondster: 2017
- Crowdpear: 2021
- Debitum: 2018
- Exporo: 2014
- Fellow Finance: 2013
- HeavyFinance: 2019
- iuvo Group: 2016
- Lendermarket: 2019
- Max Crowdfund: 2019
- Mintos: 2015
- Monefit SmartSaver: 2022
- Monestro: 2016
- NEO Finance: 2015
- Swaper: 2016
- Afranga: No
- Boldyield: No
- Bondster: No
- Crowdpear: Yes (Central Bank of Lithuania)
- Debitum: Yes (Financial and Capital Market Commission)
- Exporo: Yes (BaFin)
- Fellow Finance: Yes (Financial Supervisory Authority of Finland)
- HeavyFinance: Yes (Central Bank of Lithuania and ECSP License)
- iuvo Group: No
- Lendermarket: No
- Max Crowdfund: Yes (Authority for Financial Markets)
- Mintos: Yes (Financial and Capital Market Commission)
- Monefit SmartSaver: No
- Monestro: No
- NEO Finance: Yes (Central Bank of Lithuania)
- Swaper: No
Are the P2P platforms regulated and controlled by a supervisory authority? The decisive factor is the regulation as a platform, not the supervision of individual lenders of the platform.
- Afranga: Consumer Loans
- Boldyield: Business Loans
- Bondster: Consumer Loans
- Crowdpear: Real Estate Loans
- Debitum: Business Loans
- Exporo: Real Estate Loans
- Fellow Finance: Consumer Loans
- HeavyFinance: Agricultural Loans
- iuvo Group: Consumer Loans
- Lendermarket: Consumer Loans
- Max Crowdfund: Real Estate Loans
- Mintos: Consumer Loans
- Monefit SmartSaver: Consumer Loans
- Monestro: Consumer Loans
- NEO Finance: Consumer Loans
- Swaper: Consumer Loans
- Afranga: Yes
- Boldyield: No
- Bondster: Yes
- Crowdpear: No
- Debitum: Yes
- Exporo: No
- Fellow Finance: Yes
- HeavyFinance: Yes
- iuvo Group: Yes
- Lendermarket: Yes
- Max Crowdfund: No
- Mintos: Yes
- Monefit SmartSaver: Yes
- Monestro: Yes
- NEO Finance: Yes
- Swaper: Yes
- Afranga: 10 Euro
- Boldyield: 100 Euro
- Bondster: 5 Euro
- Crowdpear: 100 Euro
- Debitum: 50 Euro
- Exporo: 500 Euro
- Fellow Finance: 10 Euro
- HeavyFinance: 100 Euro
- iuvo Group: 10 Euro
- Lendermarket: 10 Euro
- Max Crowdfund: 100 Euro
- Mintos: 10 Euro
- Monefit SmartSaver: 10 Euro
- Monestro: 10 Euro
- NEO Finance: 10 Euro
- Swaper: 10 Euro
- Afranga: Buyback Guarantee (60 Days)
- Boldyield: Mortgage
- Bondster: Buyback Guarantee (30 to 60 Days)
- Crowdpear: Mortgage
- Debitum: Buyback Guarantee (90 Days)
- Exporo: Mortgage
- Fellow Finance: None
- HeavyFinance: Land, Grain and Machinery
- iuvo Group: Buyback Guarantee (60 Days)
- Lendermarket: Buyback Guarantee (60 Days)
- Max Crowdfund: Mortgage
- Mintos: Buyback Guarantee (60 Days)
- Monefit SmartSaver: None
- Monestro: Buyback Guarantee (60 Days)
- NEO Finance: Provision Fund
- Swaper: Buyback Guarantee (60 Days)
- Afranga: Yes
- Boldyield: No
- Bondster: No
- Crowdpear: No
- Debitum: No
- Exporo: No
- Fellow Finance: Yes
- HeavyFinance: Yes
- iuvo Group: Yes
- Lendermarket: No
- Max Crowdfund: No
- Mintos: Yes
- Monefit SmartSaver: No
- Monestro: No
- NEO Finance: Yes
- Swaper: No
- Afranga:
- Boldyield:
- Bondster: 1% of annual invested amount in CZK loans
- Crowdpear:
- Debitum:
- Exporo:
- Fellow Finance:
- HeavyFinance: 1% Transaction Fee Secondary Market
- iuvo Group:
- Lendermarket:
- Max Crowdfund:
- Mintos: 0,85% Transaction Fee Secondary Market
- Monefit SmartSaver:
- Monestro:
- NEO Finance: Price List
- Swaper:
- Afranga: Up to 18%
- Boldyield: 7% to 15%
- Bondster: 13,5%
- Crowdpear: 10,62%
- Debitum: 9,88%
- Exporo: 4% to 6%
- Fellow Finance: 7% to 9%
- HeavyFinance: 13,13%
- iuvo Group: Up to 15%
- Lendermarket: 14,57%
- Max Crowdfund: 10%
- Mintos: 12,7%
- Monefit SmartSaver: 7%
- Monestro: Up to 13%
- NEO Finance: 14,49%
- Swaper: Up to 16%
The expected return refers to information provided by the P2P platform. These numbers do not display a guarantee to reach a certain return.
- Afranga:
- Boldyield: No
- Bondster: 1% Cashback for 90 Days
- Crowdpear: 0.5% Cashback for 90 Days
- Debitum: 1% Cashback for 90 Days
- Exporo: No
- Fellow Finance:
- HeavyFinance: 2% Cashback for 30 Days
- iuvo Group:
- Lendermarket: 2% Cashback for 60 Days
- Max Crowdfund: 0.5% Cashback for 90 Days
- Mintos: No
- Monefit SmartSaver: 5 Euro Bonus + 0.25% Cashback for 90 Days
- Monestro:
- NEO Finance: 1% Cashback for 90 Days
- Swaper: No
- Afranga:
- Boldyield:
- Bondster: Bondster Review
- Crowdpear: Crowdpear Review
- Debitum: Debitum Review
- Exporo:
- Fellow Finance:
- HeavyFinance: HeavyFinance Review
- iuvo Group:
- Lendermarket: Lendermarket Review
- Max Crowdfund:
- Mintos: Mintos Review
- Monefit SmartSaver: Monefit SmartSaver Review
- Monestro: Monestro Review
- NEO Finance: NEO Finance Review
- Swaper:
- Afranga: 3,56 out of 5
- Boldyield:
- Bondster: 2,33 out of 5
- Crowdpear:
- Debitum: 2,72 out of 5
- Exporo:
- Fellow Finance:
- HeavyFinance: 3,26 out of 5
- iuvo Group: 2,73 out of 5
- Lendermarket: 3,22 out of 5
- Max Crowdfund: 2,18 out of 5
- Mintos: 2,95 out of 5
- Monefit SmartSaver:
- Monestro: 2,77 out of 5
- NEO Finance: 2,39 out of 5
- Swaper: 3,72 out of 5
Results refer to Community Voting 2023.
Important note: If you have questions about specific P2P platforms, it’s best to take a look at my P2P Platform Reviews, where I have analysed the individual providers in detail. If you still have questions, take a look at the P2P Lending Community on Facebook. There are 1,000+ private investors that can help you with your questions.
What are the Advantages of P2P Lending?
Investing in P2P loans can bring certain advantages. Here are some of them:
- High Liquidity: If you only want to invest a part of your money in short term assets, p2p lending can be a suitable option. Either through short-term consumer loans, the use of the secondary market or special investment products with high liquidity.
- Low Entry Barrier: Accounts can be opened within a few minutes and investors can start to invest right away.
- Diversification Investment Portfolio: P2P lending offers, in addition to other asset classes such as real estate, shares, ETFs or commodities, another possibility to diversify one’s investment portfolio.
- Automated Investing: On most P2P platforms, you don’t have to select your loans manually, but can use presets so that the money is (re)invested automatically.
- Regular Cash Flow: P2P loans provide income-oriented investors with a reliable way to regularly draw interest payments from their investments.
What are Disadvantages of P2P Lending?
Where there are advantages, there are also disadvantages. What should investors look out for when investing in P2P lending?
- High-Risk Investment: The legal framework for online lending between private individuals is often in a grey area. Especially the P2P platforms, which often operate abroad, are usually subject to very few or no regulations. Hence, the risk can be extremely high. In the worst case this can lead to a loss of capital.
- Credit Performance and Leveraged Credit Risks: Investments in P2P loans are subject to leveraged credit risks. If the performance of the loan portfolio declines and no liquidity can be procured, insolvencies of lenders may well be a consequence.
- No Passive Investment: Although automated investing is certainly an advantage of P2P lending, this does not make the asset class a passive investment. Since the opportunities and risks change very quickly in a dynamic environment, this also requires a certain degree of activity in tracking one’s P2P investments.
How do P2P Platforms work?
P2P platforms work in two directions: On one hand, they raise money from private investors to finance their loans. To be as attractive as possible, platforms promote high returns and often also lure with bonus campaigns to attract new investors.
On the other hand, platforms also take care of the lending business. The lenders can come from within the company (classic P2P lending) or they can be external lenders who have no overlap with the platform (P2P marketplace model). So, depending on the business model, the P2P platform takes care of acquiring new borrowers or one monitors the quality of external lenders.
In the end, both parties are brought together on the P2P platform.
P2P Lendings Risk
There are a variety of risks that can arise in the context of an investment in P2P lending. These affect either the P2P platform directly (platform risk) or its lenders (lender risk).
At both levels, there are corresponding economic risks as well as the associated market risks of the lending business. These include risk factors such as country risk, interest rate risk, liquidity risk or exchange rate risk.
What Returns can be Achieved?
The returns on P2P platforms can vary greatly depending on the platform. Usually, the average range is between 8% and 14%. Experience shows that investors can expect a realistic return of between 6% and 10% after deducting possible defaults.
Minimum Investment for P2P Loans
The minimum investment amount per loan can be between €10 and €100. It is advisable for investors to invest in at least 100 different loans per platform in order to obtain a reasonably diversified portfolio. This means that with a minimum investment amount of €10, you should invest at least €1,000.
What Happens in the Event of Default?
If there is a loan default, the P2P platforms try to recover the money through their collection process. As there are different types of loans, the security as well as the recovery mechanisms are quite different.
In the case of consumer loans, many lenders are liable for investors in the form of a buyback guarantee, where loan defaults are repaid out of their own pockets. The requirement for this are the economic conditions of the lender.
With mortgage-backed loans, such as real estate, it depends on the proceeds from the sale of the collateral how much money investors will get back in the end.
With other platforms, investors are liable for the default risk directly.
FAQ P2P Platform Comparison
The P2P platform comparison offers investors the possibility to directly compare the different providers. Several criteria have been used to provide comprehensive information about the individual P2P platforms.
The P2P platforms comparison includes two lists of different platforms each. The first list contains the top 10 P2P platforms that investors should consider first. These include companies such as Bondora, Estateguru or PeerBerry. The second list includes an extended version with further P2P platforms that can be considered.
On my blog you will always find new content with detailed analyses of the most important P2P platforms. In addition, the blog also contains high-quality reviews of individual P2P platforms.
The returns on P2P platforms can vary greatly depending on the platform. Usually, the average range is between 8% and 14%. Experience shows that investors can expect a realistic return of between 6% and 10% after deducting possible defaults.