P2P Lending Europe | The Ultimate Overview

Do you also stumble in the amount of P2P lending platforms in Europe?

I thought so. Therefore, I have made the ultimate overview of the best P2P lending platforms in Europe.

P2P lending is becoming a well-known investment vehicle at the time. Currently, P2P lending platforms in Europe are growing at exponential growth.

In the picture below you can see the monthly funded loans at the European P2P lending platform called Mintos. Note that this is not a cumulative view, this is the actual monthly funded loans.

European P2P lending platform called Mintos's monthly funded loans - Not cumulative
European P2P lending platform called Mintos’s monthly funded loans – Not cumulative

The phenomenon of P2P lending is fairly new. However, due to the heavy marketing of the great returns that can be achieved the investment type is rapidly gaining traction.

For me, P2P lending is a very profitable and passive investment type. I have setup auto-invest on the platforms which provide those, and whenever I deposit money, they are automatically invested to a return between 12%-22%.

Continue reading to find the best P2P lending platform!

P2P Lending Platforms In Europe

There are a lot of P2P lending platforms in Europe. Also, there are many new platforms coming every month around the world. It is clear that the industry is expanding rapidly. While the industry is young, it is also a good alternative for most businesses and individuals.

For the investors, it is also a very lucrative investment that can earn returns of 12%, and some manage to achieve even higher returns. In this list, there are 18 P2P lending platforms. Each platform will be described in short and I will include a link to the reviews I have done. Furthermore, I will include affiliate links that refer you directly to the platforms. Some of the platforms will give you a bonus when using my links.


Mintos is the biggest European P2P/P2B lending platform. Mintos provide buyback guarantee and up to 19,5% annual interest. Mintos can be made a passive income source when using the auto investment tool. There is a lot of transparency on the platform and enables you as an investor to take calculated risks. Mintos has 180.000 investors from more than 70 countries.

Mintos are known to be the biggest P2P lending platform with the largest investment diversity options, highest transparency and the largest amount of loan originators.

The average interest on the platform is 12,16%. Mintos offers auto-invest with some of the most extensive features, compared to other platforms. Furthermore, there is a buyback guarantee on most of the loans offered by Mintos’ loan originators.


  • A must-have for every P2P lending investor
  • Easy to navigate and use
  • High level of transparency
  • High level of diversification


  • A lot of the detailed information of the loan originators can be difficult to find for beginners.
  • Low interest rate compared to other platforms (realistically Mintos is in the mid-range of interest rates)

You can view my personal income from Mintos here.

You can also read my full and in-depth review of Mintos here.


Fastinvest is a peer-to-peer lending site like many others. However, Fastinvest is a straightforward investment platform. They live up to the name of “Fast investing” as the only thing to consider is the return of your investment in percentage. Fastinvest has over 30.000 investors from more than 30 countries. They offer both a buyback guarantee and a money-back guarantee.

Fastinvest provides loans with an interest rate of 9% to 16% with an average interest rate of 13,61%. The loans are between 1 to 12 months. Currently, they have two currencies, the Euro and Polish złoty. Furthermore, it looks like they are going to add two additional currencies, USD and GBP. One last thing which makes Fastinvest attractive is their low entry point. You can start for as little as 1 euro. Many other platforms are 10 or even 100 euros. This allows for little to no cash-drag – meaning that little to none of your cash will be idle in your investment account.


  • Low minimum investment (€1)
  • High investor safety
  • Good beginner platform
  • Very passive platform (from an investing standpoint)


  • No information on loan originators

You can view my personal income from Fastinvest here.

You can read my Fastinvest review here.


Bulkestate is a real estate P2P lending platform. They accept investors with European bank accounts. The loan term is between 3-24 months. Furthermore, all loans are offered in Euro. While Bulkestate has no buyback guarantee, they are secured by real estate property and other strong incentives to protect investors. The minimum investment per project is €50. The average interest rate on Bulkestate is 15,33%.

Bulkestate Review

Bulkestate is a small platform compared to other P2P and P2B lending platforms. However, they act professionally and has an innovative approach, such as group-buying deals.

You can read my Bulkestate review here.


  • Very solid team
  • High interest rates
  • Simple auto-invest tool


  • No buyback guarantee
  • Interest paid over the entire loan term instead of the end of the loan term
  • Investment reports in English


Viainvest is a great, simple and easy to use platform. They are a transparent P2P lending platform, and have an 11% return on ALL loans. Viainvest has auto-invest options, they have a mobile application with all the essentials for investing in loans. However, they are also taxing on your income, due to legislation. Therefore, you might end up getting double taxed when you are doing your personal taxes.

Viainvest logo

Viainvest is a P2P lending platform founded back in 2016. Viainvest is a P2P lending platform for private lenders to invest in loans that come from non-banking lenders. Currently, there are over 11.000 registered investors on Viainvest.

You can read my Viainvest review here.


  • Simple and easy to use platform
  • Mobile application


  • Lower spectrum of interest rates
  • Taxing income from some countries


CoinLoan is a P2P lending platform that allows lending in both FIAT-currencies and cryptocurrencies. All loans are backed by cryptocurrencies, therefore, securing the investors against a borrower not repaying the loan. CoinLoan offers the investors to set a “loan offer”, which more or less functions like an auto-invest function. The investors can choose to offer the interest rate they want.

Coinloan logo

CoinLoan is the first P2P lending platform for crypto-assets backed loans. CoinLoan is currently one of a kind P2P lending platform. Other companies such as Celsius Network has tried to replace the banks with cryptocurrencies. While CoinLoan is very different from the other typical P2P lending platforms they are surely trying to use different technologies to make a better borderless financial world. A true FinTech company.

You can review my CoinLoan review here.


  • All loans are secured with collateral
  • Possibility to invest in crypto and FIAT currencies
  • CoinLoan has secured a high probability of repayments
  • Exchange between crypto and FIAT currencies


  • Low volume of borrowers and investors
  • No BuyBack guarantee


Crowdestate is a big European real estate development lending platform. Crowdestate offers three types of loan deals with interest rates from 11%-18%. Through the auto-invest tool, you have a lot of customization. The minimum investment per loan is €100.

Crowdestate review

The website is very easy to understand and navigate. Furthermore, they provide a lot of information for each and every investment opportunity. This gives huge transparency when investing, and a good way for me (and you) to mitigate the risk. In addition, most projects come with high returns. The average return is 17,77% which must be considered in the high-end of other crowdfunding and P2P lending platforms.

Crowdestate has many very good aspects. Like the average interest rate of 17,77%, three different loan types, regulated in Europe and Estonia, have a very customizable auto-invest, secondary market, detailed project information and much more. However, these benefits come at the costs of the minimum investment of €100 per loan.

You can read my Crowdestate review here.


  • High returns
  • Auto invest
  • Secondary market
  • Transparency through information


  • Not a lot of projects to invest in
  • Not all investments are with monthly repayments
  • Minimum investment of €100


Crowdestor is a business crowdfunding platform. They provide loans to businesses, real estate, transport, and startup projects. The interest rates range from 11% to 32%. Furthermore, Crowdestor has a buyback guarantee fund. The buyback fund is built over time by the projects. Crowdestor will take a 1%-2% commission from the projects to build the buyback fund to secure the investors.

Crowdestor logo

Crowdestor is free for investors. Any costs associated with the loans are paid by the borrowers. The projects posted on Crowdestor comes with a lot of information. This information can be used by you as an investor, to determine if the project is worth investing in.


  • High returns
  • Buyback guarantee on selected projects
  • Transparency through information


  • Not all investments are with monthly repayments
  • Minimum investment of €50

Debitum Network

Debitum Network is a new and innovative platform. Most platforms only provide a buyback guarantee as a safety for the investors. However, Debitum Network provides two incentives to secure investors against bad borrowers. Furthermore, you can earn anywhere between 6%-15% on the platform. The average interest rate is 9,37%.

Debitum Network

Debitum Network is a P2B (peer-to-business) lending platform. They were founded in Lithuania in 2017. They only provide loans to business’ as they claim is more suited for professional institutional investors. Debitum Network is the first FinTech platform to provide a credit score. This shall allow investors to compare the loans based on their probability of defaulting within the next 12 months. Debitum Network is providing loans to Estonia, Latvia, Lithuania, Poland, and the Czech Republic business’.

You can read my Debitum Network review here.


  • Secure investments
  • Simple and elegant platform


  • Low interest rate
  • Young/small platform


Lenndy is a P2P marketplace for invoice financing, business loans, car loans, personal loans, and mortgage loans. Lenndy has 6.500+ investors with an average interest of 12,29%. There is a total of 3 loan originators providing all the loans.

lenndy logo

Lenndy also provides a buyback guarantee on some of their loans. Furthermore, the loan originators on Lenndy also secure the investments with collateral. Each loan has a lot of information. Both information such as the Loan-To-Value, pictures of the projects, and the more essential information such as interest rates, collateral types, etc.


  • Transparent loan information
  • Relatively high interest rates
  • Advanced auto-invest


  • Loan originators are companies with less than 10 employees


Monestro is a P2P lending platform with very high interest rates. It is possible to earn up to 30%. The average interest rate is 20% and has a minimum investment of €10. The investment style is also different on Monestro compared to other platforms. Investors are bitting on the loans, the investors can even ask questions to the borrowers to secure they are fit for the investment.

Monestro logo

Monestro has an auto-invest feature where you can adjust for risk, based on the interest rate and credit score.


  • Extremely high interest rates
  • Low minimum investment
  • Auto-invest


  • Low number of loans
  • Bad user experience


Reinvest24 is another platform focused on real estate investments. Reinvest24 lets you purchase shares of the residential or commercial real estate. You can start investing for €100. The way you earn on Reinvest24 is by rental income and capital gains.

Reinvest24 logo

The investments are secured with collateral, but no buyback guarantees. Reinvest24 goes through a very tight due diligence process to secure the projects that will be long term profitable. Among other things they look at vacancy index, liquidity index of property, and price growth expectations, etc.


  • Own bits of property
  • Passive rental income


  • 2% fees on invests
  • 10% fee on rental income
  • Minimum investment of €100


Robocash is a platform founded back in 2017. The average interest rate is 12% and has funded more than €60.000.000 worth of loans. The platform has enabled buyback guarantee on all their loans.


What sets Robocash apart from other P2P lending platforms is the maturity term of their loans. The average loan term is just 22 days.

Robocash has done it extremely simple to invest in their platform. To invest you have to create an auto-invest that will automate the whole investing process.


  • Fully automated
  • Fixed 12% interest
  • All loans are provided with buyback guarantee


  • No information on borrowers


Iban is a new form of savings account. They have 4 different products; Iban account – 2,5%, Iban one – 3%, Iban market – 4% and Iban dynamic – 6%. Each of the accounts returns a daily fixed interest with zero fees.

Iban logo

Iban does not let you invest in selective loans, however, they aggregate them and thereby giving you a bigger spread. The platforms are very easy to use. All you have to do is open an account and deposit money. Iban’s team will do the rest.


  • Fully automated
  • Mobile application


  • Low interest rates
  • No information on borrowers


Swaper was founded back in October 2016. Currently, Swaper has over 2500 active investors, who together have received over 1,3 million euros in interest. Swaper offers a 12% interest on all loans. However, it is possible to get 14% in interest if your total portfolio size is €5000 or above.


Swaper is a smaller P2P lending platform. They offer a very limited diversification as you can only invest in consumer loans from Poland, Denmark, and Spain. Furthermore, there is a lot of cash-drag on Swaper. However, they provide a fixed interest of 12% with the opportunity to earn 14%. Swaper has developed a mobile app for both Android and iOS with all the necessary features.

You can read my Swaper review here.


  • Loan originator is a close partner
  • Fixed interest rate at 12% (14% if more than €5.000 invested)
  • Simple platform


  • Loan originator is close partner
  • Has occasionally cash-drag


BitOfProperty is a new platform that gives the investor the possibility to own bits (pun intended) of property. The idea is that you purchase fractions of the property. In return, it gives you rental income and the appreciation value.

BitOfProperty Logo

BitOfProperty lets you own a bit of property for just €50. The expected returns are between 8-10%. The returns are based on rental income and the estimated future selling value of the property. The projects are between 2-5 years, and you will collect rental income in that period. When the period ends, the property is sold and you will get a return from the appreciation.

BitOfProperty is is a crowdfunding platform where each investor gets to own a piece of property. The platform allows both for rental income and appreciation of the property. When you have invested in a property you will start to make rental income. When the investment term ends, the property is sold and you will profit from the appreciation of the property.

You can view my income of BitOfProperty here.

You can read my review of BitOfProperty here.


  • Get to own real estate
  • No maintenance required by the investors
  • Secondary market


  • Low returns

Peer-to-peer Lending 101

As peer-to-peer lending is newer and less known than other investment vehicles I will try my best to explain what it is and the general basics.

The concept of P2P lending is not a difficult part to understand. However, there are multiple you do not think about when investing for your first time. Therefore, I will tell you what you need to know to understand and get ready to invest in P2P lending.

What Is P2P Lending?

P2P lending is a transaction from an investor to an individual or person that needs money/a loan. According to the European Commission, there are 3 types of P2P lending: peer-to-peer lending, reward-based crowdfunding, and equity crowdfunding.

 Equity crowdfundingRewards-based crowdfundingPeer-to-peer lending
Profitable growing business
Established and steadily growing
Established stable business
Launching new product/service/brand
Making acquisitions
Expanding into new territories
Investing in new facilities
Looking to refinance
In need of capital restructuring
  • P2P lending (crowdlending): Direct alternative to bank loans
  • Equity crowdfunding: Selling a stake of a business to a number of investors in return for an investment
  • Reward-based crowdfunding: Donating funds to a project with the expectation of a non-financial reward in return

The most common investment type is reward-based crowdfunding. The reward-based crowdfunding has been around and is much bigger than the 2 other lending/funding types. Kickstarter, Indiegogo, crowdfunder, etc. are widely used reward-based crowdfunding sites.

The second type of funding/lending is equity crowdfunding. Equity crowdfunding is not the most common type of investment. Platforms like BitOfProperty uses this type. On BitOfProperty you purchase a small percentage of a property that is then rented for rental income and is later sold for capital gains.

The last type is the most common within the investing community, it is the P2P lending. P2P lending is a direct alternative to bank loans. Using P2P lending platforms for loans, borrowers can make the platforms fight for borrowers essentially offering lower interest rates than they can get in banks.

Crowdfunding/Crowdsourcing/P2P-Lending - How it works
Crowdfunding/Crowdsourcing/P2P-Lending – How it works

In the example above from the European Commission, the small business/start-up can just as well be individuals.

How Safe Is P2P Lending In Europe?

For you as an investor, there are some risks to consider before throwing all your hard-earned money into P2P lending. I have 7 risks, which is to consider:

  1. Platform diversity
  2. Loan originators/borrower
  3. Understand the platforms
  4. Financial state of the platforms
  5. Regulation and legislation
  6. Haven’t experienced a recession
  7. Psychological risk (You are a risk)

Generally, there are things to think about before investing, however, there are also things to think about when you are already investing.

7 risks of investing in P2P lending
7 risks of investing in P2P lending

The first risk of P2P lending is to only invest in 1 platform. Which is to some extent the equivalent to investing in only 1 stock. Never put your eggs in one basket, diversify.

The second risk is the loan originators on the different P2P lending platforms. A platform like Mintos has +65 loan originators. The loan originators are just financial institutes that offer loans to borrowers, which you fund for a return. Each loan originator has their own strengths and weaknesses. On platforms that do not have loan originators, such as Envestio, you have to evaluate the borrowers (companies) and not the loan originators.

The third risk is not understanding the platforms you are investing on. The platforms are all built in a different way. Some issue loans from their own sister-companies, some use buyback guarantees to secure investors’ funds, etc. Therefore, it is important to understand how the platforms work and are structured.

The fourth risk is the financial state of the platforms. If a platform is not making any money, your funds are at risk.

The fifth risk in P2P lending is the regulation and legislation of the industry. Currently, Europe only has the anti-money-laundering policies and accompanying the transfer of funds. Therefore, no direct P2P lending legislation.

The sixth risk is that the European P2P lending platforms have not yet been in a financial crisis. Only two American platforms went through a recession. Both platforms came out of the recession with positive returns, meaning the average investor did not lose any money.

The last risk to P2P lending is how you invest also known as psychological risk. If you only chase high returns and not diversifying to mitigate the risk, you will also be experiencing a loss of investment funds. The saying goes “The higher the return, the higher the risk”.

I have made an extensive article about the risks and how to mitigate them here.

What To Know Before Investing In P2P Lending

There are several things you have to consider before you throw your hard-earned money into P2P lending. From the previous section, I explained the risks of P2P lending. This is, of course, the first consideration when starting to invest in a new investment type. When you have read the above section about the risks of P2P lending, we can continue.

Being a beginner to P2P lending can be difficult when starting
Beginner being crushed after using all his hard-earned money on a bad investment

P2P Lending is Flexible

Knowing whether to go for high returns or low returns.

To keep it simple: Everyone wants high returns, but no one wants to lose money.

If you want low risk, P2P lending is not for you. P2P lending is a new investment type and has not yet been tested in the long term. When going for the higher returns you will be exposed to the highest risks. Therefore, it is essential that you try to lower your overall risk but maintain a high return. On a platform like Mintos you can get well above 12% returns with little to no risks. If you want to learn how you can read my post on how to select the best loan originators on Mintos for low risk and high return.

Costs of P2P lending

Most investment types have costs or fees involved. A good example is stocks. When you purchase 1 stock you will be accounted for x% of the purchase value, a fixed cost per purchase, a yearly management fee, or even multiple of those.

Typically, P2P lending is 100% free for investors.

Yes, 100% free.

Often the borrowers pay the fees when signing the loans. Therefore, P2P lending is a very profitable investment in terms of fees.

You are in Control

No matter what platform you invest with, you are in control. You control which projects/loans/real estate/etc. to invest in. On a platform like Envestio where they typically post one project per week, it can be tempting to just invest whenever a project comes available. However, you can determine not to, if the project does not match your expectations/risk tolerance.

Unlike index funds, you are not required to be invested in a large portion of the market if you do not want to be. With P2P lending you can choose and pick the loans you find a good investment.

On most of the P2P lending platforms, you can set up an auto-investment tool which will invest when you are not logged into your account. You can customize the auto-invest to your likings. On a platform like Mintos, you can set up a highly customized auto-invest tool whereas on Fastinvest it is less customizable.

The Rule of 72

If you have not yet heard the rule of 72, you are in for a treat.

The rule of 72 is a way to know how long it takes before your investment doubles. In essence, you divide 72 by the interest rate.

The rule of 72 and how it it compounds
The rule of 72 and how it compounds

As you can see from the calculations I have made in an excel sheet, you can the effect of a higher interest rate. As the years go on you can see how much the interest rate impacts the total returns.

If you have a consistent 12% interest rate, you can end up with 230.400 with a 1.000 interest.

The stock market is known to return about 6% whereas P2P lending can return even more than 12%. This is why a lot of investors start investing in P2P lending.

How To Chose The Best P2P Lending Platform(s)

Choosing the best P2P lending platform(s) for you can be difficult due to a lot of the variation from platform to platform. Therefore, you have to think about the following 6 things.

1. Location

Understand the limitations of platforms around the world. If you as a European find a platform in Asia, you have to understand whether you are eligible to invest on the platform. This is not a common issue, but you should consider that there are limitations to what you can do.

Furthermore, you have to consider legislation from different regions. There are different tax levels based on the countries you invest with. On a platform like Viainvest, they withdraw taxes on your profits from different countries.

2. Currencies

When it comes to currenceis you have to consider both the currency risk and the exchange fees.

When using a smaller currency like the Danish Krone (You can invest with Danish Krone on Mintos), as they are typically more unstable compared to bigger currencies such as USD and EUR.

If you are going to invest in a different currency than your native currency you should consider the exchange fees from your bank or the platform will are going to invest in.

3. Time Horizon

It is important that you look at the loan term before investing on a platform. A platform like BitOfProperty has a duration of up to 5 years, whereas a platform like CoinLoan can issue loans for just 7 days.

If you are only going for fast loans you should not invest in long term projects.

There are pros and cons for both long term and short term loans. Short term loans are often for people who struggle financially whereas long term loans might be a mortgage or real estate loans.

4. Loan Types

The platforms offer an array of loans. There are payday loans, car loans, mortgage loans, invoice financing, business loans, and personal loans just to name a few. There are pros and cons for each and you should investigate how the platforms evaluate each of them.

5. Platform Safety (Such As Buyback Guarantee)

As I discussed previously in this post, there are risks associated with investing in P2P lending. Therefore, looking for a buyback guarantee on the platform is an extra measure of safety for your invested funds.

There are a lot of other extra safety measures you can consider. This can be both collateral, equity, personal guarantees and even more.

6. Risk Diversification

Again, mitigate the risk. One of the best ways to mitigate the risks when investing is to diversify across multiple platforms. No matter if the platforms have buyback guarantee or other risk measures investing at different platforms will do you the best.

How Can I Help You?

My quest is to help you through the information I find from my own experience. When you navigate my page you will find reviews of different P2P lending platforms. These will be from personal experience and from the things I experience when using the platforms.

You can learn how to save a ton of money on your iced coffees to understanding my financial income. On this blog, everything is made to help you (and for me to better understand me).

P2P lending is what interests me the most for a hobby. Hence, why I am willing to share all the information I learn, with no expectation of any returns. You are welcome to leave a mail at thepoorinvestor@outlook.com and I will gladly try to help if you have any questions.

Get Valuable Information From My P2P Lending Reviews

One of the biggest topics on my blog is the reviews of different platforms. I like to diversify, both across loans but also across platforms. However, I focus on mitigating my risks. Therefore I evaluate each platform before making investments on them.

You can read my reviews on the dropdown menu at the top of the page called “Reviews”. You can also go directly to the page here and find the reviews one-by-one.

Compare The Platforms

I have made a page where you can see all the platforms I have ever looked into. This will give you an overview of the important aspects of each platform. On the platform page have included some signup bonuses. If you are going to sign up anyway, why not get a bonus along the way?

Use My P2P Lending Calculator

A lot of people are interested in P2P lending due to the high returns you can achieve. You can try my estimated return calculator and see the returns you are expected. Here you can compare the historic return of stocks (7%) to the returns I can achieve with P2P lending (+12%).

You will find that just with a principle of 1.000 you will achieve insane returns over a period of 10 years with the 7% to 12% difference.


This blog has everything a beginner and intermediate needs to know. Everything I have included is something that I have learned from my own experience. While P2P lending is viewed as a risky investment I have mitigated the risk to a point where I have not lost any money.

It is important that you have a plan and stick to it when you start out investing. Therefore, do not only go for the high returns but also do not make a good opportunity to go for granted.

If you liked the post, please share it so we can impact the investors that have not yet found P2P lending. Furthermore, I want you to comment so we can get a discussion going about the platforms.

Disclaimer: This post may contain affiliate links. I may receive a commission when you, the visitor, uses an affiliate link. Investing involves risk of losses.
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I am ThePoorInvestor and I am on a financial independence journey. I am investing in P2P-lending to create a high cash-flow return. I disclose my income, expenses, investments, and everything financially relevant.
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