{"id":28594,"date":"2026-04-01T06:00:11","date_gmt":"2026-04-01T04:00:11","guid":{"rendered":"https:\/\/rethink-p2p.de\/?page_id=28594"},"modified":"2026-04-03T19:20:07","modified_gmt":"2026-04-03T17:20:07","slug":"afranga-review","status":"publish","type":"page","link":"https:\/\/rethink-p2p.de\/en\/afranga-review\/","title":{"rendered":"Afranga Review 2026: Regulated 13.92% from Bulgaria!"},"content":{"rendered":"<p>For years, Afranga served as a funding source for the lending operations of the Stik Credit Group, an established and profitable fintech company from Bulgaria. In this setup, investors were reliably able to earn above-average returns of up to 16% in recent years.<\/p>\r\n<p>However, with its licensing as a European crowdfunding service provider, Afranga has initiated an exciting transformation into a regulated P2P marketplace. Alongside the opportunities for expansion, revenue growth, and diversification, there are also bigger risks on the horizon for investors.<\/p>\r\n<p>What these risks are in particular and how they can be assessed is one of the key topics covered in this Afranga review. In addition to the risks, the review also looks at the shareholder structure, the financial situation, and all investment-relevant aspects such as the loan offering, return expectations, and why there is no form of a buyback guarantee.<\/p>\r\n<p>Further analyses of other platforms can be found on my <a href=\"https:\/\/rethink-p2p.de\/en\/p2p-platform-reviews\/\" target=\"_blank\" rel=\"noopener\"><strong>P2P Platform Review<\/strong><\/a> page.<\/p>\r\n<div class=\"su-button-center\"><a href=\"https:\/\/bit.ly\/rethink-p2p-goes-afranga\" class=\"su-button su-button-style-default\" style=\"color:#ffffff;background-color:#0aad27;border-color:#088b20;border-radius:8px\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color:#ffffff;padding:0px 22px;font-size:17px;line-height:34px;border-color:#54c668;border-radius:8px;text-shadow:0px 0px 0px #000000\"> <strong>Sign Up on Afranga (0.5% Cashback for 90 Days)<\/strong><\/span><\/a><\/div>\r\n<hr \/>\r\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_67_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Summary\" title=\"Summary\">Summary<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#About_Afranga\" title=\"About Afranga\">About Afranga<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Ownership_and_Management\" title=\"Ownership and Management\">Ownership and Management<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Afranga_Ownership\" title=\"Afranga Ownership\">Afranga Ownership<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Afranga_Management\" title=\"Afranga Management\">Afranga Management<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Business_Model_and_Finances\" title=\"Business Model and Finances\">Business Model and Finances<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Monetization\" title=\"Monetization\">Monetization<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Profitability\" title=\"Profitability\">Profitability<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Sign_Up_and_Bonus\" title=\"Sign Up and Bonus\">Sign Up and Bonus<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Afranga_Bonus\" title=\"Afranga Bonus\">Afranga Bonus<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Investing_on_Afranga\" title=\"Investing on Afranga\">Investing on Afranga<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Loan_Offering\" title=\"Loan Offering\">Loan Offering<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Costs_and_Fees\" title=\"Costs and Fees\">Costs and Fees<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Expected_Returns\" title=\"Expected Returns\">Expected Returns<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Auto_Invest_and_Secondary_Market\" title=\"Auto Invest and Secondary Market\">Auto Invest and Secondary Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Afranga_Forum\" title=\"Afranga Forum\">Afranga Forum<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Afranga_Taxes\" title=\"Afranga Taxes\">Afranga Taxes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Afranga_Risks\" title=\"Afranga Risks\">Afranga Risks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Platform_Risk\" title=\"Platform Risk\">Platform Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Lender_Risk\" title=\"Lender Risk\">Lender Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Advantages_and_Disadvantages\" title=\"Advantages and Disadvantages\">Advantages and Disadvantages<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Advantages\" title=\"Advantages\">Advantages<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Disadvantages\" title=\"Disadvantages\">Disadvantages<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Afranga_Alternatives\" title=\"Afranga Alternatives\">Afranga Alternatives<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Viainvest\" title=\"Viainvest\">Viainvest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Debitum_Investments\" title=\"Debitum Investments\">Debitum Investments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Income_Marketplace\" title=\"Income Marketplace\">Income Marketplace<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Afranga_Community_Review\" title=\"Afranga Community Review\">Afranga Community Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#Summary_Afranga_Review\" title=\"Summary Afranga Review\">Summary Afranga Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/#FAQ_Afranga_Review\" title=\"FAQ Afranga Review\">FAQ Afranga Review<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Summary\"><\/span><strong>Summary<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>Before we get started, here is a quick summary with the most important information about Afranga.<\/p>\r\n<ul>\r\n<li>Afranga is a Bulgaria-based P2P lending marketplace where investors can invest in international consumer loans while earning above-average returns of up to 16%.<\/li>\r\n<li><span style=\"font-size: 1.125rem;\">The P2P platform was launched in December 2020 by the Bulgarian company Stik-Credit JSC as a funding vehicle for its own lending business.<\/span><\/li>\r\n<li>In September 2023, Afranga received a license from the Bulgarian Financial Supervision Commission (FSC) to operate as a European Crowdfunding Service Provider (ECSP).<\/li>\r\n<li>By adding external lenders, Afranga transformed into a P2P marketplace in 2025.<\/li>\r\n<li>Within the P2P lending community, Afranga is considered an average platform. In the past three community votings, the platform consistently ranked in the middle of the pack.<\/li>\r\n<\/ul>\r\n<p><iframe loading=\"lazy\" title=\"Afranga Review 2025: Everything You Need To Know!\" width=\"810\" height=\"456\" data-src=\"https:\/\/www.youtube.com\/embed\/HciQlYiMCKE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe><\/p>\r\n<div class=\"su-table su-table-alternate\">\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><strong>Founded \/ Started:<\/strong><\/td>\r\n<td>December 2020 \/ February 2021<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Legal Name:<\/strong><\/td>\r\n<td>Afranga EOOD (<strong><a href=\"https:\/\/www.registrucentras.lt\/jar\/p_en\/dok.php?kod=305888586\" target=\"_blank\" rel=\"noopener\">LINK<\/a><\/strong>)<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Headquarter:<\/strong><\/td>\r\n<td>Sofia, Bulgaria<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Regulated:<\/strong><\/td>\r\n<td>Yes (<a href=\"https:\/\/www.fsc.bg\/registri-i-spravki\/registar-na-dostavchitsite-na-uslugi-za-kolektivno-finansirane\/\" target=\"_blank\" rel=\"noopener\"><strong>ECSP License<\/strong><\/a>)<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>CEO:<\/strong><\/td>\r\n<td><a href=\"https:\/\/www.linkedin.com\/in\/svetlinsabev\/\" target=\"_blank\" rel=\"noopener\"><strong>Svetlin Sabev<\/strong><\/a> (February 2021)<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Community Voting:<\/strong><\/td>\r\n<td>P16 out of 30 | <a href=\"https:\/\/rethink-p2p.de\/p2p-kredite-community-voting-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>See Voting<\/strong><\/a><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Assets Under Management:<\/strong><\/td>\r\n<td>EUR 21+ Million<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Number of Investors:<\/strong><\/td>\r\n<td>2.000+<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Expected Return:<\/strong><\/td>\r\n<td>Up to 16%<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Primary Loan Type:<\/strong><\/td>\r\n<td>Business Loans<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Collateral:<\/strong><\/td>\r\n<td>Pledge<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Bonus:<\/strong><\/td>\r\n<td><a href=\"https:\/\/bit.ly\/rethink-p2p-goes-afranga\" target=\"_blank\" rel=\"noopener\"><strong>0.5% Cashback for 90 Days<\/strong><\/a><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"About_Afranga\"><\/span><span style=\"color: #000000;\"><strong>About Afranga<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><a href=\"https:\/\/bit.ly\/rethinkp2p-goes-afranga\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" class=\"alignleft wp-image-28204 size-full lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Bonus.jpg\" alt=\"Afranga-Bonus\" width=\"300\" height=\"169\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/169;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignleft wp-image-28204 size-full\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Bonus.jpg\" alt=\"Afranga-Bonus\" width=\"300\" height=\"169\" \/><\/noscript><\/a><\/p>\r\n<p data-start=\"0\" data-end=\"164\">Afranga is a Bulgaria-based P2P lending platform where investors primarily invest in business loans from a range of international loan originators, while earning above-average returns of up to 16%.<\/p>\r\n<p data-start=\"166\" data-end=\"435\">The P2P platform was originally launched in 2021 by the Bulgarian company <a href=\"https:\/\/stikcredit.eu\/\" target=\"_blank\" rel=\"noopener\"><strong>Stik-Credit JSC<\/strong><\/a> as a funding tool for its own lending operations. Its origin story is therefore comparable to other P2P platforms such as <a href=\"https:\/\/rethink-p2p.de\/en\/esketit-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Esketit<\/strong><\/a> (AvaFin Holding) or <a href=\"https:\/\/rethink-p2p.de\/en\/lendermarket-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Lendermarket<\/strong><\/a> (Creditstar).<\/p>\r\n<p data-start=\"437\" data-end=\"747\">Since receiving its license under the European Crowdfunding Regulation (ECSP) in 2023, Afranga has been operating as an independent P2P platform. Nevertheless, its structure remains closely tied to Stik Credit. With the addition of external lenders, Afranga evolved into a P2P lending marketplace in 2025.<\/p>\r\n<p data-start=\"749\" data-end=\"923\" data-is-last-node=\"\" data-is-only-node=\"\">At its core, Afranga is characterized by competitive interest rates of up to 16%, regulatory compliance, and segregated investor accounts via Lemonway.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Ownership_and_Management\"><\/span>Ownership and Management<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>Who are the key shareholders behind the scenes? And which individuals are responsible for the operational management of the P2P platform? Let&#8217;s take a closer look in the following sections of my Afranga review.<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Afranga_Ownership\"><\/span><span style=\"color: #000000;\"><strong>Afranga Ownership<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>Who owns Afranga? The P2P platform is officially operated by the Bulgarian company &#8220;Afranga EOOD.&#8221; A look into the <a href=\"https:\/\/papagal.bg\/eik\/206337510\/469c\" target=\"_blank\" rel=\"noopener\"><strong>Bulgarian company register<\/strong><\/a> reveals that Svetlin Nikolov Sabev, CEO and founder of Afranga, is also the sole shareholder of the platform.<\/p>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gesellschafter-Afranga-Review-Ownership-Afranga-Opiniones-Propiedad-Afranga-Avis-Possession.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28247 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gesellschafter-Afranga-Review-Ownership-Afranga-Opiniones-Propiedad-Afranga-Avis-Possession.png\" alt=\"Afranga-Review-Ownership\" width=\"1500\" height=\"491\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gesellschafter-Afranga-Review-Ownership-Afranga-Opiniones-Propiedad-Afranga-Avis-Possession.png 1500w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gesellschafter-Afranga-Review-Ownership-Afranga-Opiniones-Propiedad-Afranga-Avis-Possession-300x98.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gesellschafter-Afranga-Review-Ownership-Afranga-Opiniones-Propiedad-Afranga-Avis-Possession-1024x335.png 1024w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gesellschafter-Afranga-Review-Ownership-Afranga-Opiniones-Propiedad-Afranga-Avis-Possession-768x251.png 768w\" data-sizes=\"(max-width: 1500px) 100vw, 1500px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1500px; --smush-placeholder-aspect-ratio: 1500\/491;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28247\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gesellschafter-Afranga-Review-Ownership-Afranga-Opiniones-Propiedad-Afranga-Avis-Possession.png\" alt=\"Afranga-Review-Ownership\" width=\"1500\" height=\"491\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gesellschafter-Afranga-Review-Ownership-Afranga-Opiniones-Propiedad-Afranga-Avis-Possession.png 1500w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gesellschafter-Afranga-Review-Ownership-Afranga-Opiniones-Propiedad-Afranga-Avis-Possession-300x98.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gesellschafter-Afranga-Review-Ownership-Afranga-Opiniones-Propiedad-Afranga-Avis-Possession-1024x335.png 1024w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gesellschafter-Afranga-Review-Ownership-Afranga-Opiniones-Propiedad-Afranga-Avis-Possession-768x251.png 768w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/noscript><\/a><\/p>\r\n<p>He is an experienced entrepreneur in the fintech sector who, among other things, has been working for Stik-Credit since 2018 and also co-founded Lendivo, the first new loan originator on Afranga.<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Afranga_Management\"><\/span><span style=\"color: #000000;\"><strong>Afranga Management<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>Here is a list of the key individuals leading Afranga\u2019s operational management:<\/p>\r\n<ul>\r\n<li><strong>Svetlin Sabev<\/strong>: A fintech entrepreneur with over a decade of experience in consumer finance. He is the COO of Stikcredit as well as the CEO and visionary behind Afranga.<\/li>\r\n<li><strong style=\"font-size: 1.125rem;\">Yonko Chuklev<\/strong><span style=\"font-size: 1.125rem;\">: A senior executive specializing in compliance and finance. He brings more than 15 years of experience in corporate management, legal oversight, and financial administration.<\/span><\/li>\r\n<li><strong style=\"font-size: 1.125rem;\">Veniamin Istomin<\/strong><span style=\"font-size: 1.125rem;\">: Joined the Afranga team in September 2024. Formerly Head of Business Development at Bondster. His core expertise lies in onboarding loan originators.<\/span><\/li>\r\n<\/ul>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Business_Model_and_Finances\"><\/span><span style=\"color: #000000;\">Business Model and Finances<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p data-pm-slice=\"1 1 []\">Throughout the due diligence process, investors should also have a look at the business model of a P2P platform as well as the overall financial situation. How does the company earn money? Does the platform operate profitably? And how well is the company positioned financially? Find out more about those topics in the following paragraphs of this Afranga review.<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Monetization\"><\/span><span style=\"color: #000000;\"><strong>Monetization<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>How does Afranga make money? Similar to other P2P lending marketplaces, Afranga primarily monetizes through brokerage fees charged to the loan originators. According to the Afranga <a href=\"https:\/\/afranga.com\/docs\/pdf\/Price_list.pdf\" target=\"_blank\" rel=\"noopener\"><strong>price list<\/strong><\/a>, this fee can be as high as 10% per annum. The market average usually ranges between 2% and 3%.<\/p>\r\n<p>Additionally, loan originators are charged a one-time fee of EUR 3,000 for the evaluation of a potential collaboration. Investors, on the other hand, do not incur any costs or fees. Neither for account maintenance, deposits, withdrawals, nor any other services.<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Profitability\"><\/span><span style=\"color: #000000;\"><strong>Profitability<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>Afranga aims to become profitable and reach the breakeven point by the end of 2025 or during the first half of 2026. Since the platform only began operating under the ECSP regulation at the start of 2025, there are currently no annual financial statements available.<\/p>\r\n<p>Because the P2P platform is still heavily controlled in the background by Stik Credit, it is worthwhile for investors to take a closer look at the financial metrics of that company instead. According to the 2024 financial figures, Stik Credit achieved a record profit of approximately EUR 3.5 million, thereby sustainably demonstrating the profitability of its business model.<\/p>\r\n<p><a style=\"font-size: 1.125rem;\" href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28471 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite.png\" alt=\"Afranga-Review-Profitability\" width=\"2000\" height=\"988\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite.png 2000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite-300x148.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite-1024x506.png 1024w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite-768x379.png 768w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite-1536x759.png 1536w\" data-sizes=\"(max-width: 2000px) 100vw, 2000px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 2000px; --smush-placeholder-aspect-ratio: 2000\/988;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28471\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite.png\" alt=\"Afranga-Review-Profitability\" width=\"2000\" height=\"988\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite.png 2000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite-300x148.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite-1024x506.png 1024w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite-768x379.png 768w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Profitabilitat-Afranga-Review-Profitability-Afranga-Opiniones-Rentabilidad-Afranga-Avis-Rentabilite-1536x759.png 1536w\" sizes=\"(max-width: 2000px) 100vw, 2000px\" \/><\/noscript><\/a><\/p>\r\n<p>The balance sheet of Stik Credit also looks very positive, indicating a financially healthy foundation for the company. The equity ratio stands at a strong 54%, the debt ratio at 0.85, and the liquidity ratio at 1.62.<\/p>\r\n<p>Important to note are the increasing impairments for written-off loans, which most recently amounted to the equivalent of EUR 5.1 million and thus made up about one-third of the entire loan portfolio.<\/p>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-Stik-Credit-Afranga-Review-Loan-Defaults-Afranga-Opiniones-Afranga-Avis.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28808 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-Stik-Credit-Afranga-Review-Loan-Defaults-Afranga-Opiniones-Afranga-Avis.png\" alt=\"Afranga-Review-Loan-Defaults\" width=\"1000\" height=\"594\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-Stik-Credit-Afranga-Review-Loan-Defaults-Afranga-Opiniones-Afranga-Avis.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-Stik-Credit-Afranga-Review-Loan-Defaults-Afranga-Opiniones-Afranga-Avis-300x178.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-Stik-Credit-Afranga-Review-Loan-Defaults-Afranga-Opiniones-Afranga-Avis-768x456.png 768w\" data-sizes=\"(max-width: 1000px) 100vw, 1000px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1000px; --smush-placeholder-aspect-ratio: 1000\/594;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28808\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-Stik-Credit-Afranga-Review-Loan-Defaults-Afranga-Opiniones-Afranga-Avis.png\" alt=\"Afranga-Review-Loan-Defaults\" width=\"1000\" height=\"594\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-Stik-Credit-Afranga-Review-Loan-Defaults-Afranga-Opiniones-Afranga-Avis.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-Stik-Credit-Afranga-Review-Loan-Defaults-Afranga-Opiniones-Afranga-Avis-300x178.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-Stik-Credit-Afranga-Review-Loan-Defaults-Afranga-Opiniones-Afranga-Avis-768x456.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/noscript><\/a><\/p>\r\n<p>For comparison: in a conservatively managed consumer lending business, the default rate often falls within a range of 5% to 15%.<\/p>\r\n<p>A rate of over 30% either indicates a very high-risk loan portfolio with many non-performing loans or a conservative accounting policy in which high provisions are made to cover potential defaults.<\/p>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-Defaults-Afranga-Opiniones-2025-Afranga-Avis.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28812 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-Defaults-Afranga-Opiniones-2025-Afranga-Avis.png\" alt=\"Afranga-Review-Defaults\" width=\"1000\" height=\"144\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-Defaults-Afranga-Opiniones-2025-Afranga-Avis.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-Defaults-Afranga-Opiniones-2025-Afranga-Avis-300x43.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-Defaults-Afranga-Opiniones-2025-Afranga-Avis-768x111.png 768w\" data-sizes=\"(max-width: 1000px) 100vw, 1000px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1000px; --smush-placeholder-aspect-ratio: 1000\/144;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28812\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-Defaults-Afranga-Opiniones-2025-Afranga-Avis.png\" alt=\"Afranga-Review-Defaults\" width=\"1000\" height=\"144\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-Defaults-Afranga-Opiniones-2025-Afranga-Avis.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-Defaults-Afranga-Opiniones-2025-Afranga-Avis-300x43.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-Defaults-Afranga-Opiniones-2025-Afranga-Avis-768x111.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/noscript><\/a><\/p>\r\n<p>According to Stikcredit, the increase is partly due to growth in the past year, with around 30% more loans being financed compared to 2023, and partly due to the changed loan structure, which may be attributable to a higher proportion of short-term or riskier loans, which in turn has led to higher provisions.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Sign_Up_and_Bonus\"><\/span>Sign Up and Bonus<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>To register on Afranga, the following requirements must be met:<\/p>\r\n<ul>\r\n<li>Minimum age of 18 years<\/li>\r\n<li>Citizenship or residence in the European Economic Area (EEA)<\/li>\r\n<li>Citizenship or residence in Switzerland<\/li>\r\n<\/ul>\r\n<p>The registration process is simple and intuitive. After opening an account using an email address, users must complete questionnaires for KYC (Know Your Customer) and AML (Anti-Money Laundering). This is followed by identity verification and providing the tax residency information.<\/p>\r\n<p>Legal entities also have the option to register with Afranga. In this case, the company must be based in the EEA or Switzerland.<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Afranga_Bonus\"><\/span>Afranga Bonus<span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p data-pm-slice=\"1 1 []\">Interested in investing with Afranga? By registering through my <a href=\"https:\/\/bit.ly\/rethink-p2p-goes-afranga\" target=\"_blank\" rel=\"noopener\"><strong>partner link<\/strong><\/a>, you can also get an additional cashback bonus. Investors receive a 0.5% cashback on all investments made within the first 90 days after successful registration.<\/p>\r\n<p data-pm-slice=\"1 1 []\"><a href=\"https:\/\/bit.ly\/rethink-p2p-goes-afranga\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-28466 size-full lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Bonus-Afranga-Review-Bonus-Afranga-Opiniones-Bono-Afranga-Avis-Prime.png\" alt=\"Afranga-Review-Bonus\" width=\"936\" height=\"120\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Bonus-Afranga-Review-Bonus-Afranga-Opiniones-Bono-Afranga-Avis-Prime.png 936w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Bonus-Afranga-Review-Bonus-Afranga-Opiniones-Bono-Afranga-Avis-Prime-300x38.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Bonus-Afranga-Review-Bonus-Afranga-Opiniones-Bono-Afranga-Avis-Prime-768x98.png 768w\" data-sizes=\"(max-width: 936px) 100vw, 936px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 936px; --smush-placeholder-aspect-ratio: 936\/120;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-28466 size-full\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Bonus-Afranga-Review-Bonus-Afranga-Opiniones-Bono-Afranga-Avis-Prime.png\" alt=\"Afranga-Review-Bonus\" width=\"936\" height=\"120\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Bonus-Afranga-Review-Bonus-Afranga-Opiniones-Bono-Afranga-Avis-Prime.png 936w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Bonus-Afranga-Review-Bonus-Afranga-Opiniones-Bono-Afranga-Avis-Prime-300x38.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Bonus-Afranga-Review-Bonus-Afranga-Opiniones-Bono-Afranga-Avis-Prime-768x98.png 768w\" sizes=\"(max-width: 936px) 100vw, 936px\" \/><\/noscript><\/a><\/p>\r\n<p data-pm-slice=\"1 1 []\"><span style=\"color: #000000;\">A platform overview with all bonus offers and cashback promotions can be found on the <a href=\"https:\/\/rethink-p2p.de\/en\/bonus\/\" target=\"_blank\" rel=\"noopener\"><strong>bonus page<\/strong><\/a>.<\/span><\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Investing_on_Afranga\"><\/span><strong>Investing on Afranga<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p data-pm-slice=\"1 1 []\">How does investing on Afranga work? What should you know, and what should you potentially watch out for? In the following sections, you\u2019ll find a concise overview with all the essential information.<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Loan_Offering\"><\/span><span style=\"color: #000000;\"><strong>Loan Offering<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>In 2025, Afranga completed its transformation into a P2P marketplace. This means that loans are no longer funded solely by Stik Credit but also by external lenders. Below is a brief overview of the current loan originators on Afranga:<\/p>\r\n<ul>\r\n<li><strong>Stik Credit: <\/strong>The Bulgarian lender is the unofficial mastermind behind Afranga. Founded in 2013 in Bulgaria, it is supervised by the Bulgarian National Bank. Since its inception, Stik Credit has established a sustainable and profitable business model in unsecured consumer loans, with more than EUR 30 million in loans financed. Loans on Afranga are offered with interest rates between 14% and 16%, with terms up to 36 months.<\/li>\r\n<li><strong style=\"font-size: 1.125rem;\">Lendivo: <\/strong>Also based in Bulgaria, Lendivo was founded in April 2024 by a team from the Stik Credit group. Afranga\u2019s CEO, Svetlin Sabev, was also involved as a co-founder. The fintech\u2019s business model involves issuing installment loans of up to EUR 500 with terms of up to 30 days. On Afranga, these loans are offered with interest rates up to 11%.<\/li>\r\n<li><strong style=\"font-size: 1.125rem;\">Swiss Funds: <\/strong>This Czech lender, founded in 2022, specializes in short-term consumer loans. On Afranga, these loans carry an average interest rate of 11%, with terms up to 18 months. The fintech company is licensed and supervised by the Czech National Bank and belongs to Orka Ventures Ltd, a holding company with lending businesses across Europe.<\/li>\r\n<li><strong>Credirect:<\/strong> The third lender from Bulgaria was founded in 2017 and is part of the international financial group MV Finance LTD. Credirect offers short-term loans (payday loans) of up to EUR 700 as well as installment loans of up to EUR 5,100. On Afranga, the loans are offered with an average interest rate of 11%.<\/li>\r\n<li><strong>Lev Credit:<\/strong> Founded in 2019, Lev Credit is the fourth Afranga lender from Bulgaria. The non-bank financial institution, which is licensed in Bulgaria, provides both short-term and installment loans of up to EUR 2,500, as well as secured consumer and business loans of up to EUR 50,000. On Afranga, the loans are offered with interest rates of 8% to 12%, with terms ranging from 12 to 60 months.<\/li>\r\n<\/ul>\r\n<p data-pm-slice=\"1 1 []\"><a style=\"font-size: 1.125rem;\" href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-P2P-Loans-Afranga-Opiniones-Prestamos-P2P-Afranga-Avis-2025.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28479 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-P2P-Loans-Afranga-Opiniones-Prestamos-P2P-Afranga-Avis-2025.png\" alt=\"Afranga-Review-P2P-Loans\" width=\"1400\" height=\"304\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-P2P-Loans-Afranga-Opiniones-Prestamos-P2P-Afranga-Avis-2025.png 1400w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-P2P-Loans-Afranga-Opiniones-Prestamos-P2P-Afranga-Avis-2025-300x65.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-P2P-Loans-Afranga-Opiniones-Prestamos-P2P-Afranga-Avis-2025-1024x222.png 1024w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-P2P-Loans-Afranga-Opiniones-Prestamos-P2P-Afranga-Avis-2025-768x167.png 768w\" data-sizes=\"(max-width: 1400px) 100vw, 1400px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1400px; --smush-placeholder-aspect-ratio: 1400\/304;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28479\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-P2P-Loans-Afranga-Opiniones-Prestamos-P2P-Afranga-Avis-2025.png\" alt=\"Afranga-Review-P2P-Loans\" width=\"1400\" height=\"304\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-P2P-Loans-Afranga-Opiniones-Prestamos-P2P-Afranga-Avis-2025.png 1400w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-P2P-Loans-Afranga-Opiniones-Prestamos-P2P-Afranga-Avis-2025-300x65.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-P2P-Loans-Afranga-Opiniones-Prestamos-P2P-Afranga-Avis-2025-1024x222.png 1024w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-P2P-Kredite-Afranga-Review-P2P-Loans-Afranga-Opiniones-Prestamos-P2P-Afranga-Avis-2025-768x167.png 768w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/noscript><\/a><\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Costs_and_Fees\"><\/span><span style=\"color: #000000;\"><strong>Costs and Fees<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p data-start=\"0\" data-end=\"208\">Investors on Afranga incur no costs or hidden fees. Neither for account maintenance, deposits, withdrawals, nor any other services. Unfortunately, this is no longer a given on many other P2P lending platforms.<\/p>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gebuhren-Afranga-Review-Fees-Afranga-Opiniones-Costo-Afranga-Avis-Cout.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28475 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gebuhren-Afranga-Review-Fees-Afranga-Opiniones-Costo-Afranga-Avis-Cout.png\" alt=\"Afranga-Review-Fees\" width=\"1200\" height=\"442\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gebuhren-Afranga-Review-Fees-Afranga-Opiniones-Costo-Afranga-Avis-Cout.png 1200w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gebuhren-Afranga-Review-Fees-Afranga-Opiniones-Costo-Afranga-Avis-Cout-300x111.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gebuhren-Afranga-Review-Fees-Afranga-Opiniones-Costo-Afranga-Avis-Cout-1024x377.png 1024w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gebuhren-Afranga-Review-Fees-Afranga-Opiniones-Costo-Afranga-Avis-Cout-768x283.png 768w\" data-sizes=\"(max-width: 1200px) 100vw, 1200px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1200px; --smush-placeholder-aspect-ratio: 1200\/442;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28475\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gebuhren-Afranga-Review-Fees-Afranga-Opiniones-Costo-Afranga-Avis-Cout.png\" alt=\"Afranga-Review-Fees\" width=\"1200\" height=\"442\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gebuhren-Afranga-Review-Fees-Afranga-Opiniones-Costo-Afranga-Avis-Cout.png 1200w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gebuhren-Afranga-Review-Fees-Afranga-Opiniones-Costo-Afranga-Avis-Cout-300x111.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gebuhren-Afranga-Review-Fees-Afranga-Opiniones-Costo-Afranga-Avis-Cout-1024x377.png 1024w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Gebuhren-Afranga-Review-Fees-Afranga-Opiniones-Costo-Afranga-Avis-Cout-768x283.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/noscript><\/a><\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Expected_Returns\"><\/span><span style=\"color: #000000;\"><strong>Expected Returns<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>What returns can investors realistically expect on Afranga? Stik Credit typically offers interest rates between 14% and 16%, which is a few percentage points above the market average. The platform itself quotes an average return of 15.6%.<\/p>\r\n<p>For the newer, externally added lenders, interest rates are somewhat lower, ranging from 10% to 12%.<\/p>\r\n<p>Besides the interest rate, the key factors affecting the achievable return are the portfolio quality and the regularity of repayments from the loan originators. So far, no defaults have been reported, which means Afranga offers a very attractive return profile relative to the underlying risk.<\/p>\r\n<p><strong style=\"color: #000000; font-size: 1.125rem;\">Buyback Guarantee<\/strong><\/p>\r\n<div class=\"relative flex-col gap-1 md:gap-3\">\r\n<div class=\"flex max-w-full flex-col grow\">\r\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"2ff4e1bb-86e3-4363-ac43-b5f5b64577f4\" data-message-model-slug=\"gpt-4o\">\r\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\r\n<div class=\"markdown prose dark:prose-invert w-full break-words light\">\r\n<p data-start=\"0\" data-end=\"225\">Under the ESCP regulation, Afranga has shifted from consumer loan claims to corporate loans. These are direct loans granted by investors to the lending companies and are secured by the entire assets of the respective company.<\/p>\r\n<p data-start=\"0\" data-end=\"674\" data-is-last-node=\"\" data-is-only-node=\"\"><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Ruckkaufgarantie-Afranga-Review-Buyback-Guarantee-Afranga-Opiniones-Garantia-Afranga-Avis-Garantie.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28574 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Ruckkaufgarantie-Afranga-Review-Buyback-Guarantee-Afranga-Opiniones-Garantia-Afranga-Avis-Garantie.png\" alt=\"Afranga-Review-Buyback-Guarantee\" width=\"900\" height=\"238\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Ruckkaufgarantie-Afranga-Review-Buyback-Guarantee-Afranga-Opiniones-Garantia-Afranga-Avis-Garantie.png 900w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Ruckkaufgarantie-Afranga-Review-Buyback-Guarantee-Afranga-Opiniones-Garantia-Afranga-Avis-Garantie-300x79.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Ruckkaufgarantie-Afranga-Review-Buyback-Guarantee-Afranga-Opiniones-Garantia-Afranga-Avis-Garantie-768x203.png 768w\" data-sizes=\"(max-width: 900px) 100vw, 900px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 900px; --smush-placeholder-aspect-ratio: 900\/238;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28574\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Ruckkaufgarantie-Afranga-Review-Buyback-Guarantee-Afranga-Opiniones-Garantia-Afranga-Avis-Garantie.png\" alt=\"Afranga-Review-Buyback-Guarantee\" width=\"900\" height=\"238\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Ruckkaufgarantie-Afranga-Review-Buyback-Guarantee-Afranga-Opiniones-Garantia-Afranga-Avis-Garantie.png 900w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Ruckkaufgarantie-Afranga-Review-Buyback-Guarantee-Afranga-Opiniones-Garantia-Afranga-Avis-Garantie-300x79.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Ruckkaufgarantie-Afranga-Review-Buyback-Guarantee-Afranga-Opiniones-Garantia-Afranga-Avis-Garantie-768x203.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/noscript><\/a><\/p>\r\n<p data-start=\"227\" data-end=\"342\">In clear terms, this means the lending companies are fully responsible for repaying the loan with all their assets.<\/p>\r\n<p data-start=\"344\" data-end=\"507\" data-is-last-node=\"\" data-is-only-node=\"\">For this reason, the terms of the corporate loans are significantly longer (18 to 36 months) compared to the financed consumer loans, which only last a few months.<\/p>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<h3><span class=\"ez-toc-section\" id=\"Auto_Invest_and_Secondary_Market\"><\/span><span style=\"color: #000000;\">Auto Invest and Secondary Market<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>The Auto Invest feature as well as the secondary market are planned to be introduced during the course of 2025.<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Afranga_Forum\"><\/span>Afranga Forum<span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p data-pm-slice=\"1 1 []\">The P2P lending industry is a fast-moving environment. Hence, make sure to stay on top of all relevant information by subscribing to my channels on <a href=\"https:\/\/bit.ly\/rethinkp2p-en-telegram\" target=\"_blank\" rel=\"noopener\"><strong>Telegram<\/strong><\/a> or <a href=\"https:\/\/bit.ly\/rethinkp2p-en-whatsapp\" target=\"_blank\" rel=\"noopener\"><strong>WhatsApp<\/strong><\/a>. This way, you will always receive the latest information from the P2P industry, including platform news regarding Afranga.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Afranga_Taxes\"><\/span><strong>Afranga Taxes<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p data-start=\"0\" data-end=\"129\">Interest income earned from loan financing is generally considered capital gains and must be declared as such in your tax return.<\/p>\r\n<p data-start=\"131\" data-end=\"424\">Investors should also note that interest earnings from investments through Afranga are usually subject to withholding tax. The withholding tax rates vary depending on the country where the lending company is based. For example, loans from Bulgaria are subject to a withholding tax rate of 10%<\/p>\r\n<p data-start=\"0\" data-end=\"180\"><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Steuern-Afranga-Review-Taxation-Afranga-Opiniones-Impuestos-Afranga-Avis-Impots.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28462 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Steuern-Afranga-Review-Taxation-Afranga-Opiniones-Impuestos-Afranga-Avis-Impots.png\" alt=\"Afranga-Review-Taxation\" width=\"902\" height=\"268\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Steuern-Afranga-Review-Taxation-Afranga-Opiniones-Impuestos-Afranga-Avis-Impots.png 902w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Steuern-Afranga-Review-Taxation-Afranga-Opiniones-Impuestos-Afranga-Avis-Impots-300x89.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Steuern-Afranga-Review-Taxation-Afranga-Opiniones-Impuestos-Afranga-Avis-Impots-768x228.png 768w\" data-sizes=\"(max-width: 902px) 100vw, 902px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 902px; --smush-placeholder-aspect-ratio: 902\/268;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28462\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Steuern-Afranga-Review-Taxation-Afranga-Opiniones-Impuestos-Afranga-Avis-Impots.png\" alt=\"Afranga-Review-Taxation\" width=\"902\" height=\"268\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Steuern-Afranga-Review-Taxation-Afranga-Opiniones-Impuestos-Afranga-Avis-Impots.png 902w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Steuern-Afranga-Review-Taxation-Afranga-Opiniones-Impuestos-Afranga-Avis-Impots-300x89.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Steuern-Afranga-Review-Taxation-Afranga-Opiniones-Impuestos-Afranga-Avis-Impots-768x228.png 768w\" sizes=\"(max-width: 902px) 100vw, 902px\" \/><\/noscript><\/a><\/p>\r\n<p data-start=\"426\" data-end=\"670\">The applicable tax rate is automatically applied based on the lender\u2019s country of origin. Therefore, the amount paid out corresponds to the net interest. Investors can view both the gross and net interest rates in the loan\u2019s repayment schedule.<\/p>\r\n<p data-start=\"672\" data-end=\"803\" data-is-last-node=\"\" data-is-only-node=\"\">Through the main menu (Settings &gt; Tax Certificates), investors can download their tax certificates for all previous calendar years.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Afranga_Risks\"><\/span>Afranga Risks<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>Investors should take a close look at the potential risk factors when evaluating a P2P lending platform and consider them carefully before making an investment. What risks should one expect with Afranga, and how should they be assessed?<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Platform_Risk\"><\/span>Platform Risk<span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>The operational launch of the platform, operated by the Bulgarian company &#8220;Afranga EOOD,&#8221; took place in February 2021. In its domestic market, it is supervised and regulated by the Bulgarian Financial Supervision Commission (FSC).<\/p>\r\n<p>In September 2023, the regulator also granted Afranga a license to operate as a service provider under the European Crowdfunding Regulation. This includes, among other requirements, the proper segregation of investor funds, protecting investors against potential misuse. For this purpose, Afranga partners with Lemonway, which provides individual IBAN accounts for investors.<\/p>\r\n<p>This means that in the event Afranga ceases operations, investors would still have access to their funds and loan repayments could continue.<\/p>\r\n<p>As a regulated P2P platform, Afranga must also meet high standards of compliance and transparency, which enhances the platform\u2019s overall security. However, loan defaults or insolvencies of the issuers are not covered or protected by the regulation.<\/p>\r\n<h4>Deposit Insurance<\/h4>\r\n<p>The investments offered through Afranga are not covered by European deposit guarantee schemes (such as the Deposit Guarantee Directive 2014\/49\/EU). This means that &#8211; unlike traditional bank deposits &#8211; funds invested on Afranga are not insured or guaranteed by any national or European compensation scheme.<\/p>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Risiko-Afranga-Review-Risk-Afranga-Opiniones-Riesgo-Afranga-Avis-Risque.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28578 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Risiko-Afranga-Review-Risk-Afranga-Opiniones-Riesgo-Afranga-Avis-Risque.png\" alt=\"Afranga-Review-Risk\" width=\"1000\" height=\"234\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Risiko-Afranga-Review-Risk-Afranga-Opiniones-Riesgo-Afranga-Avis-Risque.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Risiko-Afranga-Review-Risk-Afranga-Opiniones-Riesgo-Afranga-Avis-Risque-300x70.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Risiko-Afranga-Review-Risk-Afranga-Opiniones-Riesgo-Afranga-Avis-Risque-768x180.png 768w\" data-sizes=\"(max-width: 1000px) 100vw, 1000px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1000px; --smush-placeholder-aspect-ratio: 1000\/234;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28578\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Risiko-Afranga-Review-Risk-Afranga-Opiniones-Riesgo-Afranga-Avis-Risque.png\" alt=\"Afranga-Review-Risk\" width=\"1000\" height=\"234\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Risiko-Afranga-Review-Risk-Afranga-Opiniones-Riesgo-Afranga-Avis-Risque.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Risiko-Afranga-Review-Risk-Afranga-Opiniones-Riesgo-Afranga-Avis-Risque-300x70.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Risiko-Afranga-Review-Risk-Afranga-Opiniones-Riesgo-Afranga-Avis-Risque-768x180.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/noscript><\/a><\/p>\r\n<p>Accordingly, investors should be aware that the capital invested is subject to the risk of loss, that returns are not guaranteed, and that they may not recover the full amount originally invested.<\/p>\r\n<p>However, the claims against the lending companies remain valid and can be enforced legally.<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Lender_Risk\"><\/span>Lender Risk<span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>Success on Afranga largely depends on the performance of its loan originators. So how does Afranga approach risk assessment in this regard?<\/p>\r\n<ul>\r\n<li><strong>Legal Review: <\/strong>Verification of licensing, registration, and country-specific legal compliance.<\/li>\r\n<li><strong style=\"font-size: 1.125rem;\">Reputation Check: <\/strong>Background checks on shareholders and key executives, including negative press screening as well as KYC\/AML evaluations.<\/li>\r\n<li><strong style=\"font-size: 1.125rem;\">Business Operations: <\/strong>Detailed analysis of the business model, management team, corporate governance, and internal control systems.<\/li>\r\n<li><strong style=\"font-size: 1.125rem;\">Financial Analysis: <\/strong>Review of key financial performance indicators, the quality of the loan portfolio, and the credibility of the external auditor.<\/li>\r\n<\/ul>\r\n<p>Following the assessment, financial covenants are defined. For example, the equity-to-debt ratio, interest coverage ratio (ICR), or liquidity reserves. In addition, loan originators are subject to ongoing monitoring (quarterly updates and random checks) to ensure a consistent level of creditworthiness.<\/p>\r\n<p>Regardless of Afranga&#8217;s due diligence, investors should review the annual financial statements of the respective loan originators, which are published on the P2P platform. Below is a tabular overview with the current financial figures of each loan originator. Check out the <a href=\"https:\/\/rethink-p2p.de\/en\/lender\/\" target=\"_blank\" rel=\"noopener\"><strong>lender overview and comparison page<\/strong><\/a> for additional information regarding applied KPIs and their interpretation.<\/p>\r\n<figure class=\"wp-block-table is-style-regular has-small-font-size\">\r\n<table>\r\n<thead>\r\n<tr>\r\n<th><strong>Loan Originator<\/strong><\/th>\r\n<th><strong>Year<\/strong><\/th>\r\n<th><strong>Audited<\/strong><\/th>\r\n<th><strong>Profit<\/strong><\/th>\r\n<th><strong>ROA<\/strong><\/th>\r\n<th><strong>Equity Ratio<\/strong><\/th>\r\n<th><strong>Debt<\/strong><\/th>\r\n<th><strong>Liquidity<\/strong><\/th>\r\n<th><strong>Impairments<\/strong><\/th>\r\n<th><strong>Score<\/strong><\/th>\r\n<\/tr>\r\n<\/thead>\r\n<tbody>\r\n<tr>\r\n<td>Credirect<\/td>\r\n<td><strong><a href=\"https:\/\/afranga.com\/personal-doc-originator\/1003\/personalDoc_1003_1753273977_1.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">2024<\/a><\/strong><\/td>\r\n<td class=\"risiko\">&#8220;TRANSIKA&#8221; LTD.<\/td>\r\n<td class=\"stabil\">EUR 2,24M<\/td>\r\n<td class=\"stark\">35,7%<\/td>\r\n<td class=\"stark\">47,5%<\/td>\r\n<td class=\"stabil\">1,11<\/td>\r\n<td class=\"stark\">7,97<\/td>\r\n<td class=\"\">\u00a0<\/td>\r\n<td class=\"mittel\">64<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Lendivo<\/td>\r\n<td><a href=\"https:\/\/afranga.com\/personal-doc-originator\/1001\/personalDoc_1001_1748244200_1.pdf\" target=\"_blank\" rel=\"noopener\"><strong>2024<\/strong><\/a><\/td>\r\n<td class=\"kritisch\">Unaudited<\/td>\r\n<td class=\"mittel\">EUR 8K<\/td>\r\n<td>\u00a0<\/td>\r\n<td class=\"stabil\">24,8%<\/td>\r\n<td class=\"mittel\">3,03<\/td>\r\n<td>\u00a0<\/td>\r\n<td class=\"\">\u00a0<\/td>\r\n<td class=\"kritisch\">34<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Lev Credit<\/td>\r\n<td><strong><a href=\"https:\/\/afranga.com\/personal-doc-originator\/1004\/personalDoc_1004_1760950521_1.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">2024<\/a><\/strong><\/td>\r\n<td class=\"risiko\">Expert Consult<\/td>\r\n<td class=\"stabil\">BGN 201K<\/td>\r\n<td class=\"stark\">13,9%<\/td>\r\n<td class=\"stark\">95,6%<\/td>\r\n<td class=\"stark\">0,05<\/td>\r\n<td class=\"stark\">22,69<\/td>\r\n<td class=\"kritisch\">29,4%<\/td>\r\n<td class=\"stabil\">70,4<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Stik-Credit<\/td>\r\n<td><strong><a href=\"https:\/\/afranga.com\/personal-doc-originator\/1000\/personalDoc_1000_1750661757_1.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">2024<\/a><\/strong><\/td>\r\n<td class=\"stabil\">ZAHARINOVA NEXIA<\/td>\r\n<td class=\"stark\">EUR 3,48M<\/td>\r\n<td class=\"stark\">13,9%<\/td>\r\n<td class=\"stark\">54%<\/td>\r\n<td class=\"stark\">0,85<\/td>\r\n<td class=\"stabil\">1,62<\/td>\r\n<td class=\"kritisch\">36,8%<\/td>\r\n<td class=\"stabil\">77<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Swiss Funds<\/td>\r\n<td><strong><a href=\"https:\/\/afranga.com\/personal-doc-originator\/1002\/personalDoc_1002_1751381650_1.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">2024<\/a><\/strong><\/td>\r\n<td class=\"kritisch\">Unaudited<\/td>\r\n<td class=\"mittel\">EUR 37K<\/td>\r\n<td class=\"mittel\">2,6%<\/td>\r\n<td class=\"stark\">38,4%<\/td>\r\n<td class=\"stabil\">1,60<\/td>\r\n<td class=\"stark\">2,13<\/td>\r\n<td class=\"\">\u00a0<\/td>\r\n<td class=\"risiko\">54<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Tiberus<\/td>\r\n<td><strong><a href=\"https:\/\/afranga.com\/personal-doc-originator\/1005\/personalDoc_1005_1765369446_1.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">2024<\/a><\/strong><\/td>\r\n<td class=\"kritisch\">Unaudited<\/td>\r\n<td class=\"risiko\">BGN (86K)<\/td>\r\n<td class=\"\">\u00a0<\/td>\r\n<td class=\"\">\u00a0<\/td>\r\n<td class=\"\">\u00a0<\/td>\r\n<td class=\"\">\u00a0<\/td>\r\n<td class=\"\">\u00a0<\/td>\r\n<td class=\"kritisch\">4<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/figure>\r\n<p>So far, no issues have been reported with external loan originators on Afranga.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Advantages_and_Disadvantages\"><\/span>Advantages and Disadvantages<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>In this section, I have listed the most important advantages and disadvantages of Afranga.<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Advantages\"><\/span><span style=\"color: #000000;\">Advantages<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<ul>\r\n<li><strong>Regulation:<\/strong> Licensed under the new EU Crowdfunding Regulation (ECSP)<\/li>\r\n<li><strong>Investor Funds:<\/strong> Legally supervised segregation of investor and company funds<\/li>\r\n<li><strong>Expected Returns:<\/strong> Competitive interest rates in the P2P industry<\/li>\r\n<li><strong>Losses:<\/strong> So far, no investor losses have occurred on the platform<\/li>\r\n<\/ul>\r\n<h3><span class=\"ez-toc-section\" id=\"Disadvantages\"><\/span><span style=\"color: #000000;\"><strong>Disadvantages<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<ul>\r\n<li><strong>Auto Invest:<\/strong> No option to invest funds automatically<\/li>\r\n<li><strong>Diversification:<\/strong> Limited selection of different loan originators<\/li>\r\n<li><strong>Withholding Tax:<\/strong> A 10% withholding tax is applied to retail investors<\/li>\r\n<\/ul>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Afranga_Alternatives\"><\/span><strong>Afranga Alternatives<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>What are the alternatives to Afranga in the current P2P lending landscape?<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Viainvest\"><\/span>Viainvest<span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>Viainvest offers many parallels to Afranga. In both cases, these are regulated and licensed P2P platforms that were primarily established as financing sources for the lending business of their parent companies (in this case: VIA SMS Group). Additionally, both platforms focus mainly on unsecured consumer loans from the European Economic Area. More information can be found in my <a href=\"https:\/\/rethink-p2p.de\/en\/viainvest-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Viainvest Review<\/strong><\/a>.<\/p>\r\n<h3><span class=\"ez-toc-section\" id=\"Debitum_Investments\"><\/span>Debitum Investments<span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p>Debitum Investments (formerly Debitum Network) is a Latvia-based P2P marketplace regulated by the local financial supervisory authority. What makes Debitum special is its unique positioning in the P2P lending space, as it is both regulated, follows a marketplace model, and offers buyback-guaranteed business loans. More information can be found in my <a href=\"https:\/\/rethink-p2p.de\/en\/debitum-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Debitum Review<\/strong><\/a>.<\/p>\r\n<h3 data-pm-slice=\"1 1 []\"><span class=\"ez-toc-section\" id=\"Income_Marketplace\"><\/span>Income Marketplace<span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n<p data-pm-slice=\"1 1 []\">Income Marketplace is an unregulated P2P marketplace based in Estonia. The platform, which launched operations in January 2021, markets itself with a range of innovative security features designed to better protect investors from problematic lenders. So far, investors have not suffered any losses on Income Marketplace. Additionally, many of the lenders featured on Income offer an attractive combination of high returns and high liquidity. More information about this Afranga alternative can be found in my <a href=\"https:\/\/rethink-p2p.de\/en\/income-marketplace-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Income Marketplace Review<\/strong><\/a>.<\/p>\r\n<p>You can find other Afranga alternatives on the <a href=\"https:\/\/rethink-p2p.de\/en\/p2p-platform-comparison\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>P2P Platform Comparison<\/strong><\/a> page.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Afranga_Community_Review\"><\/span>Afranga Community Review<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>Within the P2P lending community, Afranga\u2019s performance is generally rated as average, based on the results of the annual P2P Community Voting. Over the last three years, Afranga ranked 7th in 2023 with 3.56 points, 18th in 2024 with 2.54 points, and 16th in 2025 with 3.07 points.<\/p>\r\n<p>Considering the platform\u2019s relative obscurity, reflected in only 59 total reviews, this is a fairly acceptable outcome.<\/p>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-28458 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025.png\" alt=\"Afranga-Review-Voting\" width=\"1000\" height=\"535\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025.png 4000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025-300x161.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025-1024x548.png 1024w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025-768x411.png 768w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025-1536x822.png 1536w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025-2048x1096.png 2048w\" data-sizes=\"(max-width: 1000px) 100vw, 1000px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1000px; --smush-placeholder-aspect-ratio: 1000\/535;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-28458\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025.png\" alt=\"Afranga-Review-Voting\" width=\"1000\" height=\"535\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025.png 4000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025-300x161.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025-1024x548.png 1024w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025-768x411.png 768w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025-1536x822.png 1536w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/07\/Afranga-Erfahrungen-Community-Afranga-Review-Voting-Afranga-Opiniones-Comunidad-Afranga-Avis-2025-2048x1096.png 2048w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/noscript><\/a><\/p>\r\n<p>The Top 5 P2P platforms in 2025 were <a href=\"https:\/\/rethink-p2p.de\/en\/viainvest-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Viainvest<\/strong><\/a>, <a href=\"https:\/\/rethink-p2p.de\/en\/debitum-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Debitum<\/strong><\/a>, <a href=\"https:\/\/rethink-p2p.de\/en\/mintos-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Mintos<\/strong><\/a>, <a href=\"http:\/\/bit.ly\/rethink-p2p-goes-swaper\" target=\"_blank\" rel=\"noopener\"><strong>Swaper<\/strong><\/a>, and <a href=\"https:\/\/rethink-p2p.de\/en\/income-marketplace-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Income Marketplace<\/strong><\/a>.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Summary_Afranga_Review\"><\/span><strong>Summary Afranga Review<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p data-start=\"52\" data-end=\"129\">What is the preliminary conclusion of this Afranga review?<\/p>\r\n<p data-start=\"131\" data-end=\"412\">In its first years, Afranga was used exclusively as a tool to finance loans for the Stik Credit Group, an established and profitable fintech company from Bulgaria. This structure represented a calculable risk for investors, which was offered with above-average returns.<\/p>\r\n<p data-start=\"414\" data-end=\"684\">With the relaunch as a licensed and regulated crowdfunding company, Afranga has gained significant legal and operational security. Technical weaknesses, such as the absence of an Auto Invest feature and a secondary market, are expected to be resolved by the end of 2025.<\/p>\r\n<p data-start=\"686\" data-end=\"1097\">The strategic expansion toward a broadly positioned P2P marketplace opens up new revenue and growth opportunities for Afranga but also increases the risks for investors. While Afranga has a close personal and structural connection to Stik Credit, comprehensive control over external third-party lenders is considerably more difficult to implement. Therefore, investors should examine each lender very carefully.<\/p>\r\n<p>Whether investing in business loans on Afranga is worthwhile for investors primarily depends on their personal strategy and risk tolerance. Those looking for a regulated P2P platform outside the Baltics, with a solid track record and above-average returns, should consider Afranga as a potential alternative.<\/p>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-rethink-P2P-2025-Afranga-Review-P2P-Lending-Afranga-Opiniones-Stik-Credit-Afranga-Avis-2025.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28820 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-rethink-P2P-2025-Afranga-Review-P2P-Lending-Afranga-Opiniones-Stik-Credit-Afranga-Avis-2025.png\" alt=\"Afranga-Review-P2P-Lending\" width=\"1000\" height=\"179\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-rethink-P2P-2025-Afranga-Review-P2P-Lending-Afranga-Opiniones-Stik-Credit-Afranga-Avis-2025.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-rethink-P2P-2025-Afranga-Review-P2P-Lending-Afranga-Opiniones-Stik-Credit-Afranga-Avis-2025-300x54.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-rethink-P2P-2025-Afranga-Review-P2P-Lending-Afranga-Opiniones-Stik-Credit-Afranga-Avis-2025-768x137.png 768w\" data-sizes=\"(max-width: 1000px) 100vw, 1000px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1000px; --smush-placeholder-aspect-ratio: 1000\/179;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-28820\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-rethink-P2P-2025-Afranga-Review-P2P-Lending-Afranga-Opiniones-Stik-Credit-Afranga-Avis-2025.png\" alt=\"Afranga-Review-P2P-Lending\" width=\"1000\" height=\"179\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-rethink-P2P-2025-Afranga-Review-P2P-Lending-Afranga-Opiniones-Stik-Credit-Afranga-Avis-2025.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-rethink-P2P-2025-Afranga-Review-P2P-Lending-Afranga-Opiniones-Stik-Credit-Afranga-Avis-2025-300x54.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2025\/08\/Afranga-Erfahrungen-rethink-P2P-2025-Afranga-Review-P2P-Lending-Afranga-Opiniones-Stik-Credit-Afranga-Avis-2025-768x137.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/noscript><\/a><\/p>\r\n<p>Personally, I have established an initial position of EUR 3,000, investing exclusively in assets from Stik Credit. While the loan terms are slightly too long for my personal preference, I receive above-average interest rates in return, which I consider a good compromise for such a profitable and well-established fintech company.<\/p>\r\n<p data-start=\"1099\" data-end=\"1265\" data-is-last-node=\"\" data-is-only-node=\"\"><div class=\"su-button-center\"><a href=\"https:\/\/bit.ly\/rethink-p2p-goes-afranga\" class=\"su-button su-button-style-default\" style=\"color:#ffffff;background-color:#0aad27;border-color:#088b20;border-radius:8px\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color:#ffffff;padding:0px 22px;font-size:17px;line-height:34px;border-color:#54c668;border-radius:8px;text-shadow:0px 0px 0px #000000\"> <strong>Sign Up on Afranga (0.5% Cashback for 90 Days)<\/strong><\/span><\/a><\/div>\r\n<hr \/>\r\n<div class=\"su-tabs su-tabs-style-default su-tabs-mobile-stack\" data-active=\"1\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-tabs-nav\"><span class=\"\" data-url=\"\" data-target=\"blank\" tabindex=\"0\" role=\"button\"><strong>Affiliate Links \/ Conflict of Interest<\/strong><\/span><span class=\"\" data-url=\"\" data-target=\"blank\" tabindex=\"0\" role=\"button\"><strong>Disclaimer<\/strong><\/span><\/div><div class=\"su-tabs-panes\"><div class=\"su-tabs-pane su-u-clearfix su-u-trim\" data-title=\"&lt;strong&gt;Affiliate Links \/ Conflict of Interest&lt;\/strong&gt;\">This article contains affiliate links. If you register and\/or invest through one of these links, the operator receives a commission. The compensation has no influence on the opinion or the evaluation of the platform. Potential conflicts of interest can be looked up on the \u201c<a href=\"https:\/\/rethink-p2p.de\/en\/p2p-portfolio\/\" target=\"_blank\" rel=\"noopener\"><strong>P2P Portfolio<\/strong><\/a>\u201d page.<\/div>\n<div class=\"su-tabs-pane su-u-clearfix su-u-trim\" data-title=\"&lt;strong&gt;Disclaimer&lt;\/strong&gt;\">Investments in P2P loans involve risks and may result in the complete loss of the invested capital. Past performance is not a reliable indicator of future developments. The following content is provided for informational purposes only and does not constitute investment advice. Despite careful research, no guarantee is given for the accuracy, completeness, or timeliness of the information provided. No liability is accepted for any financial losses or investment decisions made based on the information presented here. For more details, see the full <a href=\"https:\/\/rethink-p2p.de\/en\/disclaimer\/\" target=\"_blank\" rel=\"noopener\"><strong>disclaimer<\/strong><\/a>.<\/div><\/div><\/div>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"FAQ_Afranga_Review\"><\/span>FAQ Afranga Review<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><!-- \/wp:yoast\/faq-block --><\/p>\r\n<!-- wp:yoast\/faq-block {\"questions\":[{\"id\":\"faq-question-1775037525074\",\"question\":[\"\u2705 What is Afranga?\"],\"answer\":[\"Afranga is a Bulgaria-based P2P platform operational since February 2021, where investors can invest in business loans from international loan originators. The platform has been regulated under the EU Crowdfunding Regulation (ECSP) since 2023 and offers returns of up to 16%.\"],\"jsonQuestion\":\"\u2705 What is Afranga?\",\"jsonAnswer\":\"Afranga is a Bulgaria-based P2P platform operational since February 2021, where investors can invest in business loans from international loan originators. The platform has been regulated under the EU Crowdfunding Regulation (ECSP) since 2023 and offers returns of up to 16%.\"},{\"id\":\"faq-question-1775037541957\",\"question\":[\"\u2705 Is Afranga regulated and safe?\"],\"answer\":[\"Yes. Afranga is supervised by the Bulgarian financial authority (FSC) and has held an ECSP license since September 2023. Investor funds are held in segregated accounts via Lemonway. However, there is no deposit protection scheme.\"],\"jsonQuestion\":\"\u2705 Is Afranga regulated and safe?\",\"jsonAnswer\":\"Yes. Afranga is supervised by the Bulgarian financial authority (FSC) and has held an ECSP license since September 2023. Investor funds are held in segregated accounts via Lemonway. However, there is no deposit protection scheme.\"},{\"id\":\"faq-question-1775037542812\",\"question\":[\"\u2705 What returns can I expect from Afranga?\"],\"answer\":[\"Interest rates range between 10% and 16% depending on the loan originator. Stik Credit typically offers 14% to 16%, while external originators offer 10% to 12%. My personal return on Afranga in 2025 stood at 13.7%.\"],\"jsonQuestion\":\"\u2705 What returns can I expect from Afranga?\",\"jsonAnswer\":\"Interest rates range between 10% and 16% depending on the loan originator. Stik Credit typically offers 14% to 16%, while external originators offer 10% to 12%. My personal return on Afranga in 2025 stood at 13.7%.\"},{\"id\":\"faq-question-1775037543524\",\"question\":[\"\u2705 Does Afranga offer a buyback guarantee?\"],\"answer\":[\"No. Following ECSP regulation, Afranga invests in direct business loans secured by the full assets of the lending company. There is no classic buyback guarantee.\"],\"jsonQuestion\":\"\u2705 Does Afranga offer a buyback guarantee?\",\"jsonAnswer\":\"No. Following ECSP regulation, Afranga invests in direct business loans secured by the full assets of the lending company. There is no classic buyback guarantee.\"},{\"id\":\"faq-question-1775037544197\",\"question\":[\"\u2705 Is there a bonus for signing up with Afranga?\"],\"answer\":[\"Yes. New investors registering via my partner link receive 0.5% cashback on all investments made within the first 90 days after registration.\"],\"jsonQuestion\":\"\u2705 Is there a bonus for signing up with Afranga?\",\"jsonAnswer\":\"Yes. New investors registering via my partner link receive 0.5% cashback on all investments made within the first 90 days after registration.\"}]} -->\r\n<div class=\"schema-faq wp-block-yoast-faq-block\">\r\n<div id=\"faq-question-1775037525074\" class=\"schema-faq-section\"><strong class=\"schema-faq-question\">\u2705 What is Afranga?<\/strong>\r\n<p class=\"schema-faq-answer\">Afranga is a Bulgaria-based P2P platform operational since February 2021, where investors can invest in business loans from international loan originators. The platform has been regulated under the EU Crowdfunding Regulation (ECSP) since 2023 and offers returns of up to 16%.<\/p>\r\n<\/div>\r\n<div id=\"faq-question-1775037541957\" class=\"schema-faq-section\"><strong class=\"schema-faq-question\">\u2705 Is Afranga regulated and safe?<\/strong>\r\n<p class=\"schema-faq-answer\">Yes. Afranga is supervised by the Bulgarian financial authority (FSC) and has held an ECSP license since September 2023. Investor funds are held in segregated accounts via Lemonway. However, there is no deposit protection scheme.<\/p>\r\n<\/div>\r\n<div id=\"faq-question-1775037542812\" class=\"schema-faq-section\"><strong class=\"schema-faq-question\">\u2705 What returns can I expect from Afranga?<\/strong>\r\n<p class=\"schema-faq-answer\">Interest rates range between 10% and 16% depending on the loan originator. Stik Credit typically offers 14% to 16%, while external originators offer 10% to 12%. My personal return on Afranga in 2025 stood at 13.7%.<\/p>\r\n<\/div>\r\n<div id=\"faq-question-1775037543524\" class=\"schema-faq-section\"><strong class=\"schema-faq-question\">\u2705 Does Afranga offer a buyback guarantee?<\/strong>\r\n<p class=\"schema-faq-answer\">No. Following ECSP regulation, Afranga invests in direct business loans secured by the full assets of the lending company. There is no classic buyback guarantee.<\/p>\r\n<\/div>\r\n<div id=\"faq-question-1775037544197\" class=\"schema-faq-section\"><strong class=\"schema-faq-question\">\u2705 Is there a bonus for signing up with Afranga?<\/strong>\r\n<p class=\"schema-faq-answer\">Yes. New investors registering via my partner link receive 0.5% cashback on all investments made within the first 90 days after registration.<\/p>\r\n<\/div>\r\n<\/div>\r\n<!-- \/wp:yoast\/faq-block -->","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":28597,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"template-centered.php","meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Afranga Review 2026: Regulated 13.92% from Bulgaria!<\/title>\n<meta name=\"description\" content=\"Afranga Review 2026: Regulated 13.92% from Bulgaria! \u2714\ufe0f Detailed Analysis of the P2P Lending Platform \u2795 0.5% Cashback Bonus!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rethink-p2p.de\/en\/afranga-review\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afranga Review 2026: Regulated 13.92% from Bulgaria!\" \/>\n<meta property=\"og:description\" content=\"Afranga Review 2026: Regulated 13.92% from Bulgaria! 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