P2P Platform Reviews

Before investing on any P2P platform, make sure to do a proper due diligence and educate yourself on the risks that are associated when investing on different platforms. To help you better assess the risk and opportunity potential of a P2P platform, I have conducted several deep-dive P2P platform reviews for your assistance.

The selection focuses on the largest, most popular and most frequently used P2P platforms. The list of platforms is constantly growing. The individual reviews are updated on a monthly basis.

Esketit is an Irish-based P2P platform that has become one of the most popular alternatives in the P2P market since 2021. The reason for this is an overall package of high liquidity, attractive interest rates and reliable repayments. Despite a shortage of loan supply, Esketit remains one of the first options for new investors in the P2P industry.

PeerBerry is one of the largest and most established P2P lending platforms in Europe. Its success is based on reliable lenders and outstanding handling of crisis situations. Although the supply of loans and interest rates have fallen recently, PeerBerry remains one of the best and most popular platforms in the P2P market environment.

Viainvest has always been one of the most popular P2P platforms among investors in recent years. The reason being is many years of reliability and stability, which has become particularly clear in times of crisis. Thanks to attractive interest rates coupled with good risk management, investors have been able to consistently achieve double-digit returns on Viainvest since 2016.

Debitum is an exciting alternative for investors who want to invest outside of traditional consumer loans. The P2P marketplace for SME loans, which is regulated in Latvia, has significantly raised its profile since the change of ownership in summer 2023. Debitum currently offers one of the best and most attractive overall packages in the P2P lending industry.

The P2P platform Robocash, which is based in Croatia, often flies under the radar of many investors. Quite wrongly, as the platform offers a very competitive risk/reward profile across all platforms. It therefore comes as no surprise that, despite its limited range of loans, it is currently one of the most popular alternatives among P2P investors.

In recent years, Income Marketplace has developed into one of the most attractive P2P lending platforms in Europe. This is due to competitive interest rates in combination with innovative security concepts such as junior shares or the cash flow buffer. Although the marketplace can still improve in some areas, Income is already one of the best alternatives for P2P investors.

LANDE is a young and ambitious P2P platform from Latvia that specialises in highly collateralised agricultural and development loans. The exciting market positioning, coupled with an experienced team of founders, make the platform a real insider tip for investors looking for alternatives to the traditional ‘big players’ in the consumer credit sector.

Crowdpear is a PeerBerry spin-off that has been launched in the beginning of 2023. The platform is still very young, but has a great outlook for long-term success. However, due to limited loan supply and low interest rates, the breakthrough has yet to materialise.

In terms of investor count and investor assets under management, Mintos is the largest P2P lending marketplace in Europe. In recent years, however, Mintos has increasingly transformed itself into a multi-asset platform that offers ETFs, bonds and real estate investment opportunities in addition to loans.

Profitus is a rather unknown and often underestimated gem in the P2P lending industry. The Lithuanian platform is regulated, profitable and offers excellent loan performance. Anyone interested in highly collateralised property loans from Lithuania should consider Profitus as a possible alternative.

Bondora is one of the oldest and most established P2P platforms in Europe. With the launch of Bondora Go & Grow in 2018, the platform has set new standards in terms of simplicity and liquidity. The degree of transparency (loan portfolio) and the uncompetitive returns should be critically questioned though.

With the launch of Monefit SmartSaver in 2022, Creditstar has created another source of financing for its loan portfolio. The product is easy to understand, offers a predictable income as well as a high degree of liquidity. In regards to some of Creditstar’s payment problems in the past, investors should question whether this can be maintained even in difficult times before making an investment.

12% return with profitable and already let residential properties? Or up to 15% with development projects in and around Prague? These are the prospects awaiting investors at the P2P platform Fintown, which was launched in 2023 and was founded by Maxim Vihorev and his property development company Vihorev Investments.

HeavyFinance is one of the leading European P2P platforms specialising in agricultural loans. In addition to the traditional lending business, the ‘Green Loans’ also give investors access to the fast-growing market for trading CO2 certificates. In my HeavyFinance review, you can find out more about the opportunities and risks of the platform.

Newcomer Lonvest has joined the P2P lending space in 2023. The platform’s legal structures and investment profile are showing many overlaps with Robocash. Can the platform stand up to this comparison? In my Lonvest review, investors will find all the important information about the platform and what they need to look out for.

NEO Finance is a Lithuanian P2P platform for consumer loans, which is particularly appealing due to its strong emphasis on security. This includes regulation by the Central Bank of Lithuania as well as the EMI licence. Nevertheless, NEO Finance enjoys rather little attention and awareness among many investors. The complexity of the platform is only one of many reasons.

Twino has been active in the P2P lending market since 2015. Considering its history and the financed loan volume, the P2P platform, which is regulated in Latvia, is one of the absolute heavyweights in continental Europe. After overcoming financial challenges in recent years, the platform has now attracted a lot of attention due to its poor risk management.

Maclear is a Swiss-regulated P2P platform with Estonian roots that specialises in financing business loans. The platform was only launched in 2023, but is it still worth investing in Maclear now? Find out all about the opportunities and risks in my analysis.

 

In its first ten years of existence, Estateguru has become the leading marketplace for short-term and highly collateralised property loans in Europe. However, the expansion strategy in 2022 failed spectacularly. Over EUR 130 million in investor funds and well over 50% of the portfolio are in debt collection. Can the platform still be saved?

Lendermarket is an Estonia-based P2P lending platform that was set up by the shareholder of the Creditstar Group. Fluctuating repayments and the issue of pending payments have been a constant companion ever since, making Lendermarket a casino with an uncertain outcome.

Bondster is a P2P lending marketplace from the Czech Republic. Since its inception, however, the P2P platform has often attracted attention due to inadequate risk management in the lender review process. There are certainly better alternatives for investors.

Monestro has had quite an eventful past. After a change of ownership in 2019, the platform has been quiet for two years. In May 2021, Monestro was relaunched – without any losses from the past. Nevertheless, the platform has still a lot of work ahead of it wants to finally make a breakthrough in its second attempt.

Crowdestor is one of the most controversial crowdfunding platforms in Europe. However, if you look at the facts and the bare figures, the enthusiasm around this platform is not really comprehensible. Investors should look very carefully at where the red flags are at Crowdestor. Personally, I can only recommend keeping two arm lengths away from this platform.

Hive5 is a Croatian platform controlled by the Lithuanian UAB Hive Finance holding. The poor track record, the conflicts of interest between the platform and their lenders, as well as the cross-connections to service providers of previous P2P scams are all reasons why investors should rather keep their hands off from this platform.

Credon’s path is paved with contradictions, inconsistencies and misleading information. The initiation of insolvency proceedings in Q1/2023 seems therefore the only logical consequence. In my Credon review, I write about the chronology of an insanely badly made P2P platform that has to put up with accusations of being a scam.