Here is a quick reference list of the best Peer-to-Peer lending platforms in Europe in 2020
▶︎ Read what I’ve learned analyzing >40 P2P platforms
Why should these P2P ratings be reliable?
I didn’t just rate the P2P platforms based on my personal “sensations”.
I have tested myself the mentioned tools and collected direct information about the rest.
That way, I could find the best P2P Lending websites on the market right now… based on actual data.
So without further ado, let’s do this!
Here are three of my best P2P Lending websites. Read more to get a complete picture:
List of the best P2P lending 2020
Flender★★★★☆
✅It is possibly one of the safest P2P for business loans in Europe (P2P is risky)
✅It is one of my best picks⚜️
Flender is an Irish P2P lending business founded in 2015. It is good for investors that feel too exposed on Latvian/Estonian P2P platforms.
Their success is probably given by their mindset. The aim of Flender is to cooperate with SME instead of squeezing out the maximum profit. Doing business this way they’ve achieved a valuable goal, an extremely low default rate (1,1% late +120 days).
Flender website is smooth and all the data and settings an investor may need are at hand. Secondary market is not available yet, auto-invest (autoFlend) is easy to setup. Never forget it is geographically limited to one country.
Info about Flender:
Minimum investment: 50€
Returns: 10,5%
Languages: English
Partner program: YES (5% bonus)
Cashback for new sign-ups: Yes 5%✅
My tip: I avoid “V” class loans as an additional protective measure
Take action now:
Learn what I think about Flender
Visit Flender sign up page with 5% bonus
Alternatives: October / Crowdestor (15%)
Go to FlenderMintos★★★★★
✅It is the biggest P2P in Europe
✅It is the most popular choice
✅It is one of my best picks⚜️
Mintos isn’t the best one in terms of returns (though they are still high) but it ranks first for many other parameters I value.
The diversification, both by type and by geographic area, guaranteed by Mintos is rather unique. This makes it presumably safer.
What’s good with Mintos?
Investor love its BuyBack formula.
95% of Mintos loans originators promise to re-buy their loans ( available on Mintos) that are later than 60 days.
Mintos’ finances are somehow separated from those of the originators, so virtually, if one of its originators goes “belly up”, Mintos would be not be very directly hit.
Mintos has more than 200,000 active investors from 74 countries.
All the loan originators need to keep in their wallet from 5% to 15% of each loan, in order to share the risk with investors.
Info about Mintos:
Read Mintos’ Terms of Use
Minimum investment: €10
Returns: from 6% to 18%
Secondary market: YES
Guarantee net: YES
Online experience: Excellent and intuitive. Statistics are clear and easy to read. High returns.
Languages: 7
✅ Cashback for new sign-ups: YES
Find out more about Mintos Promo codes and real 1% refer a friend links
My Tip: I only buy loans in my currency / Status: current / Amortization method: full
Tip for beginners: Test the “Invest & Access” formula to get started right away, then add some “custom investing”.
Take action now :
Read What is my direct experience with Mintos
MINTOS HOW DO I INVEST IN 1 CLICK?
Go to MintosBondora★★★★☆
✅It is very popular
✅Available in 24 languages
✅It is one of my best picks⚜️
Bondora is famous, established and controversial. The vast majority of those who have invested cautiously doesn’t complain about it at all.
Read (+ video) how do I easily setup my Bondora for >10% return).
Loans offered range between an AA (safest) to HR (High Risk) rating. Loans can come from Finland, Estonia and Spain.
Still today, by making random tests on Bondora I managed to simulate returns beyond 50% with Portfolio PRO. Such loans are risky and I simply avoid it to stay profitable.
Also learn more about it by reading “from zero to Bondora” and decide for yourself. Bondora is one of the most user friendly P2P website.
It is available in many languages and there are already thousands of users (100k in 2020).
Info about Bondora:
Minimum investment: 5€
Returns: from 8% to 79% (theoretically)
Languages: 24
Secondary market: YES (very liquid)
Guarantee net: NO
User experience: easy to use, but the look is too cartoonish. Returns are potentially very high.
✅ Cashback for new sign-ups: YES
My tip: The easiest way to use Bondora is through the “go & Grow” one-click portfolio (6,75%). Otherwise I stick to the safest AA-A-B (C) loans, returns are still very good.
Bonus for new users: 5€ which can be invested in 5 loans (not much, but you can get it also by signing up from Google/Facebook accounts and this is cool)
Take action now :
WHAT DO I THINK OF THE GO & GROW 6,75%?
Peerberry★★★★☆
✅It is big and popular
✅Connected to a very large lender
✅Return up to 13,7%
Info about Peerberry:
Minimum investment: 10€
Returns: from 13.7%
Languages: 3
Secondary market: a kind of
Guarantee net: YES
User experience: The sleekest ever.
✅ Cashback for new sign-ups: X
My tip: Diversify on more lenders and make sure you don’t have too many overlapping with other P2P (advanced users only)
Take action now :
ALTERNATIVES TO PEERBERRY ARE: MINTOS
See peerberry with your eyesLendix / October★★★☆☆
✅It is focused on business loans
☑️Yields are ordinary
It is thus very fascinating to scroll through the projects published on the website, select those with more potential and act as if you were a Venture Capitalist! Unlike the latter, you will however have the privilege to expose you for a minimum of just €20, and so you can lend little amounts to many projects.
The investment is blocked and the returns, even if much higher than the bank average, don’t go over 9%. If you like the idea, giving money to businesses is surely the same as giving a push to the real economy. The languages are French, Spanish, English and Italian.
Info about Lendix:
Minimum investment: 20€
Returns: roughly from 5% to 9%
Secondary market: NO
Guarantee net: Yes
User experience: Good, returns within the average.
Languages: French/Italian/English/Spanish
✅ Cashback for new sign-ups: YES
My tip: take some time to understand how it works before investing (learn more ⬇️)
Bonus for new users: €20 (min. investing 500€)
Take action now :
Before continuing, I invite you to repay the effort and the research I have put in writing this article: It takes ages to test, study and to sum up the outcome, you just have to share this post to say thank you! It costs you nothing, and it makes me proud!
Viventor★★★★☆
✅It is a big loan marketplace like Mintos
✅It has the advantages of the loan marketplaces (diversification)
Information about Viventor:
Minimum investment: €50
Returns: about 12%
Secondary market: Yes
Guarantee net: Buyback
User experience: Easy to use. Setup and forget
Languages: Eng Lv
☑️ Cashback for new sign-ups: Yes
My tip: Make sure you get the loans with buyback guarantee.
Take action now :
Go through the Viventor DEMO ACCOUNT
Alternatives: MINTOS
scoop the best loans on ViventorEstateguru★★★★★
✅It is the biggest in € for real estate
✅It is transparent
✅It is one of my best picks⚜️
EstateGuru is a tool for secured property-backed loans.
I am a very satisfied investor and I have zero late loans with >11% yearly return.
Info about Estategugu:
Minimum investment: €50
Returns: 12,2% (1% a month)
Secondary market: YES
Guarantee net: NO
User experience: Very good
Languages: 4
☑️ Bonus for new sign-ups: YES 0,5%
My Tip: I diversify on many loans and prefer “bridge and development loans” backed by a “first rank” mortgage.
Take action now :
Visit the Estateguru sign up page
Read what I think of EstateGuru
ALTERNATIVES: CROWDESTATE (14%)
Watch the real estate dealsTrine★★★★☆
✅The best ESG P2P (solar projects)
✅Some loans are protected (default rate 1,2%)
✅It is good for the planet and for the investor (7,7%)
Trine has been a great surprise. Most ESG platforms are still not reliable and too small.
Trine has critical mass with a portfolio of 32M€ loans of solar power projects. 10.500 investors that expect an average return of 7,7%.
What I like the most is the (still) very low default rate: 1,2% and an interesting protection fund is guaranteed by the Swedish International Development Agency (SIDA)
Info about Trine:
Minimum investment: €25
Returns: 7.7%
Secondary market: NO
Guarantee net: Yes/Partial
User experience: Ordinary
Languages: ENG
☑️ Bonus for new sign-ups: YES (10€)
My Tip: I prefer the “amortizing loans” and the biggest lenders
Take action now :
ALTERNATIVES: The alternatives I have found are not for profit…but I like profit more and Trine has it all.
See the solar dealsBEST UK BASED P2P
(mostly for Uk citizens only)
The United Kingdom is undoubtedly the biggest and most structured market of p2p lending. In the UK, in some cases, it is possible also to request tax breaks for this type of investment. It’s called IFISA (Innovative Finance Individual Savings Accounts) and it allows to investing up to £20,000 per year tax-free (which can be cumulated).
Funding Circle 🇬🇧 (UK only)
The most famous British p2p is now also available in the US.
The first time I heard about p2p was precisely in relation to Funding Circle, and since then I was introduced to a (beautiful) world. This platform only deals with business loans, that is to say, it gives credit to businesses and it affirms to have 72,453 investors who have lent 2.7 billion pounds, earning 135 million in interests. These are impressive numbers.
Everyone can invest, you just need to be over 18 years old and to be living in the UK.
Info about Funding Circle:
Minimum investment: £20
Returns: from 4.8% to 7.5%
Secondary market: YES
Guarantee net: NO
Online experience: Modern website and top user experience. High returns
Languages: 3
Uk only
Zopa 🇬🇧 (UK only)
Once upon a time when you looked for a loan you’d go to the bank. Zopa has changed all of this by introducing social lending and by using the internet as an instrument to connect those who looked for a loan with lenders.
The transparency is total and everyone can ask for the list of loans, in order to consult it or to evaluate the chart with the default rates listed by year.
Info about Zopa:
Minimum investment: £10
Returns: from 3.7% to 4.5%
Secondary market: YES (1% commission)
Guarantee net: NO (since 2017)
Online experience: excellent website, top transparency and user experience
Languages: English
UK only
☑️ Bonus new sign-ups: £50 (conditions apply, only available in the UK)
Download my personal P2P Lending checklist
4 things I liked to know before starting with the best peer to peer lending:
- Is P2P Lending Profitable?
- Is P2P Lending right for me?
- Is P2P risky or regulated?
- How ethical is P2P lending?
✅Benefits of P2P lending
The main benefit of investing in peer to peer loans is the access to some very high revenue investment with a potentially adequate risk.
The success of peer-to-peer technology started with music file sharing. Napster, eMule (..the slowest one) and then Torrent, then with movies on p2p. Now with p2p sports streaming and p2p payments. The attention is now all on p2p lending, the one with the loans, and it isn’t difficult to understand why.
Here’s my point of view on p2p lending for those who are investing in Euro (and not only). This is my experience.
The truth? I was skeptical like you. YES, I really was. Now, after some years, I am careful in loan picking, I recognize the risks involved and I am very happy of the outcome.
Now read what’s important to know in choosing the best P2P.
Compare P2P lending websites in Europe
What is P2P lending? (in brief)
PEER TO PEER LENDING CONCEPT IS SOMEHOW EQUIVALENT TO AIRBNB... BUT IT CONNECTS BORROWERS AND LENDERS Click To Tweet
P2P Lending websites offer loans to investors.
The operation is rather simple:
- Loans approved by some credit/finance companies are partially or totally offered online.
- Those who wish to invest in loans can do it on the dedicated P2P websites.
- Anonymously, one proceeds to a single purchase of loans, automatically or in bulk with the criteria that one have set up.
The ease and the immediacy of the operation is surprising.
“Social lending” (P2P) for me is a way to create both additional streams of income (and compound interest) with a decent risk/return ratio in a”low-interest era”.Everyone is looking for a ranking of the best crowdlending websites available, so I wrote my definitive answer.
Direct loans between private citizens are enjoying great success.How old is P2P lending?The first service of this kind was offered by Zopa already in 2005 in the UK, and it’s still in operation.
🚫SOCIAL LENDING IS NOT FOR EVERYONE
This is true for two reasons:
One is skepticism. Most people just don’t trust new financial tools because they’ve never heard of it. Trust comes from knowledge, and knowledge takes time. (It took me months to trust and start investing in P2P loans)
Another reason is greed. When people are asked to choose between 8% and 35% yield many get wrong and go for the second. It would be ok, but very often the loans that offer the highest returns are also the loans with the worst performances in terms of punctuality.
I find it safer to balance risk/reward in P2P lending.
There is an increasing demand for the “safest” class of loans from the smarter investors. It is important to make the system select for us the best and safest loans for us when possible.
After all, the returns are definitely high compared to what’s on offer on the market today.
This is an age of low interest rates and low inflation, it is hard to find good deals around.
This blog is not a recommendation to invest in any of these tools.
It is just one more point of view from someone who is invested from some time already.
It may inspire those who are just starting out, and those who want to take it up a notch but have no time for studying the mechanisms.
Keep in mind that the loans aren’t always guaranteed and, even if they are, some limits and conditions apply. It is appropriate to choose loans with reasonable ratings.
The investment process isn’t always as immediate as you’d expect. Sometimes you may have to wait some hours/days before being able to see the assigned capital. Setting up very restrictive parameters to the loans in automatic wallets is generally the cause of the slowness of the process.
In my experience Fixura was the slowest to buy my loans while Mintos is still the fastest (invest & access 2019).
The default risk of a platform or of a loans originator is never to be excluded. There haven’t been sensational cases in Europe a part from Lendy in the UK, but for example, there has been one in China. Generally, the finance of the P2P websites are well separated from the users’ one’s so, even in case of a default, happy ending solutions are still possible.
P2p lending might be a good tool to distribute the risk of a part of a global portfolio while enjoying automated returns. Click To Tweet
The European bail-in system, that offers a guarantee to bank deposits under 100k Euro, isn’t obviously extended to any investment included p2p lending loans.
I don’t invest all my capital in social lending and I distribute it on more than one tool or at least in two different countries.
Social lending is regimented and authorized, it isn’t the Wild West – rules are clear and they are dictated by organizations in each Country.
All the listed websites are able to provide detailed information about the service they offer and they are usually extremely transparent, precisely to get over the diffidence of future users.
When I see something fishy I run away and I make sure my readers get what’s important to know in real time.
It is good to keep in mind that the platforms that offer many guarantees and advantageous taxation programmes will normally give lower returns. Instead, the most aggressive solutions, together with crazy returns, can also provide me with late or defaulted loans.
Let’s remember that high returns are often linked to adequate risks.
I look for the “sweet spot” in P2P Lending, I invest myself and I share what I learn by doing.
Social Lending situation in Europe today
Uk has the biggest market for P2P but unfortunately, their tools are most suitable for UK investors.
Other big and reliable p2p platforms are in the Baltic countries.
Their stories are more recent, but they are raising millions of euros in record time. Perhaps they are solving the problem of those individuals and companies who, often unfairly, cannot obtain credit in the traditional way.
For those who can speak German, there are also AuxMoney, Smava and Zencap.
🚦How ethical is P2P lending?
Doubts of the ethicality of some loan originators.
Some originators in some countries charge borrowers with very high rates. This happens for a series of reasons that aren’t always caused by some not-to-ethical practices.
On one hand, some of these individuals/ businesses wouldn’t find easily credit elsewhere. On the other hand, a short loan of a small amount of money is obviously subject to relevant fixed costs (in relation to the amount) that make the total cost of the loan go way up.
It is possible to get informed before investing to ensure that the rates applied to borrowers are sustainable.
No-profit P2P Lending
On Kiva, we can finally lend without interests to people with small projects in developing countries. I’ve done it and the feeling of helping people is amazing, the website is awesome and it is even possible to gift a 25$ coupon to whoever we want to.
You don’t make a profit on Kiva, but you have the certainty to be doing some good, and that’s wonderful. I think it’s an extraordinary gift idea. The website is only in English.
Similarly to Kiva, we have lendahand.com, Zidisha.org , Trine.com (profit), Fundeen.com and BabyLoan.org .
How to compare P2P Lending platforms?
I’ve prepared my own P2P lending comparison table a time-saving and up to date tool.
The majority of the instruments mentioned has been tested in depth and for long long time. Returns higher than 15% are often only hypothetical.
Short list of the best Peer to Peer lending in Europe:
Mintos 11% – The most popular – The most diversified
Estateguru 11% – All projects are property backed – Very transparent team
Bondora 15% – One of the oldest P2P – Great tool with the right settings
Flender 10% – The best P2P for business loans – Small but growing
Peerberry 12% – Supported by solid loan groups – Great team
Viventor 11% – One of the alternatives to Mintos
✅Final considerations and P2P winners
In my opinion Bondora and Mintos are the most accessible to anyone and are both easy to start with (are also open to international + non-resident investors)
Mintos is also suitable for large P2P investors (⭐️ it’s also the most popular choice)
Bondora is the best for immediate start ⭐️. I’ve registered through my Google account and made a deposit by credit card
Flender is a good P2P for those willing to invest in specific business projects (up to 16% and proportional risk)
EstateGuru is my pick to invest in property-backed loans (12,24%)⭐️
Crowdestate is fast growing and offers high returns (up to 17% and proportional risk)
Lendix/October is not performing well anymore. On Lendix is more complex evaluating the risk
Sometimes there are P2P cash-back campaigns available for new subscribers. I myself took advantage of those campaigns but the bonus is never my main reason to invest.
Which one of the mentioned P2P are you using with profit?
Did I miss anything?
Your comments are very welcome!
Nice article, wasn’t it? If you’ve found it inspiring, do me a favor, share it on Facebook
FAQ
Mintos is a very popular choice and it is considered the best P2P platform for investing in Europe.
Learn more about Mintos.
P2P investing is a risky practice, so it is better not to seek only the maximum return.
Diversification on the best few platforms may be a good idea to protect the invested capital.
The risk/reward balance may be very good in some cases.
It is hard to say. Some of the loans offered are subject to very high fees and interests for borrowers.
Lately I have spotted a few ethical P2Ps.
This is the best article about P2P lending I’ve read so far. Maybe there is too much focus on UK tools which can be unaccessible to non residents. I’ve also downloaded and printed your free checklist and ready to give a second look to Bondora.
That’s great Gert, thank you. I have updated the post content reducing the focus on the UK
I will definitely try Bondora. With Mintos I am doing well so far.
Is what you wrote about EstateGuru still up to date? I mean here: https://www.revenue.land/blog/houserscom-opinions-risks-alternatives-review-no-cashback
Not anymore! The essential list of information on EstateGuru crowdfunding is here now
I am happy today that I have received a loan from this legitimate company after many years of financial fall and I have also been fooled in the process until I find this great man who helped me with a loan of $ 33.000 and I advise all candidates to get in touch with this company via email: xxx
My strategy is to keep most of my P2P liquidity on bondora go and grow and cash-in to invest on other platforms when I want. Doing so my money is always working. Go and grow is really serving my instant 100% liquidity.
Keep testing and keep us updated, Toni
Would you still recommend Bondora with the number of defaults and loss of capital investors are experiencing?
Welcome here, Peter. Thanks for writing.
Honestly the aim of my blog is not to recommend something. I prefer to inspire and be inspired by my visitors.
I am learning a lot, and my ideal readers are educated investors, able to make their own decision in freedom. Boring people, like me…
I know some old Bondora users have many overdue loans.
There are 3 clear reasons for this:
1. They were greedy while setting up their portfolio.
2. They were not aware of how portfolio manager works.
3. …there wasn’t Go&Grow before.
That being said, most Bondora users I know are profiting and are happy to face small losses in exchange for good gains on the majority of the loans. Moreover, statistically many late loans were recovered in the past years.
You are an investor, you know that P2P is for the long term, it involves risk and profit and it takes time to draw conclusions.
I can’t resist saying that less than 3% of my loans are overdue and I’m anything but a genius. I’ve tried to learn from others’ mistakes and from numbers and stats before investing.
NB:
All my (few) Bondora’s late loans have 1 thing in common 🔮 and I have written about it in my newsletter:
http://bit.ly/NewsFromRevenueLand
Alright, 3% is impressive. Are you only using Go&Grow now? And have you calculated your actual returns over the past years with Bondora?
Hi Peter, I know most people can’t believe I have so little late loans, but it is normal for me (and for my readers) not to use portfolio manager (if not to start and test) and to avoid any (C) D E F and HR loans. To be honest, sometimes I also make some strategic cleanings to optimize performance ( I am becoming a P2P nerd I guess). I use Bondora for the long term, so I don’t check my P2P performance too often. Go & grow loans include around 50% of DF class. I use it for testing but I prefer the Portfolio Pro.
Mintos is really good platform with rapidly growing investor and Loan Originator count. Easy to use and understand. Would recommend to everyone. If you are interested in peer-to-peer lending on Mintos use this promo CODE to get BONUS for your deposits: U7Z0PF
Wow! This can be one particular of the most useful blogs We have ever arrive across on this subject. Actually Fantastic. I am also an expert in this topic therefore I can understand your effort.
I followed this list some months ago and started with Bondora and Mintos. Very satisfied with both, my only regret is that I should have started before. I can see from another blog article that you don’t like Envestio. Do you know any other good revenue website like that one? We see us next article.
I am the only one who doesn’t like Envestio🤷🏼♂️ I explain why, but don’t trust me, read more, ask questions and make informed decisions for yourself, Otto. One of the highest revenue tool I know that has some critical mass is Crowdestate.eu (18%). Some loans there are good but not risk free.
I’ve downloaded and printed both your free pdf. Tomorrow I’ll also start testing your best p2p websites. Wish me good luck
Why Monethera and wisefund are not the best for revenueland?
The p2p you mention are still too small to appear in this list, Igor. Thanks for commenting.
Why is October in you best picks? Good or bad? Be clear
Well, it was a good one, Emma. Default rate peaked in 2016/17, but improved somewhat in 2018. Most loans are “B” rated. Flender.ie is doing much better (but geo-limited to Ireland). Food for thought!
Nice read, I just passed this onto a colleague who was doing a little research on that. And he just bought me lunch. Therefore let me rephrase that: Thanks for lunch!
I will go for Flender. Is it 5% real on my investment? Answer pleas
Flender bonus for new investors is huge but beware⚠️
Who takes advantage of it? Not many I guess.
This is because most investors (..I did the same mistake with Mintos some years ago) wait too long to invest, and the bonus is paid only within the first 30 days. Moreover Flender is young and geographically limited. I use it in synergy with other investments, not alone for safety reasons.
do you need a loan
🤙🏻You are brilliant Arnold! BTW, no loans thank you, I live happy without debt.
Flender is definitely my next pick
I don’t understand all the positive reviews on Bondora, virtually 25%, actully -0%. I was in for many months, I spent hours and hours everyday on the website, but whatever I would do my lendings would get into default. And the rate was so highly growing and alarming that I soon understood that the default rate was higher that the interests I was getting. I managed to sell most quotes, my results after 8 months were negative!!!
I now use GO&GROW which is great (no work to do, steady 6,75% income), but the rest is just shit for me… Maybe with an automated investment strategy works, but I am not a programmer… who uses their APP has a great advantage, but it is for programmers.
I’m glad you finally found peace using Go & grow Bondora 6,75%.
As you say, using the Bondora API would be the best way, but too complex.
I’ve made it simple on Bondora:
Only AA-A-B (and C) rated loans mainly form 🇪🇪 and everything works smoothly.
Bondora is real P2P lending, without the “anaesthesia” of the buyback provided somewhere else in exchange of lower rates.
More challenging & potentially much more rewarding.
In order to sell late loans wisely I wrote this: http://tiny.cc/jyokbz
Keep testing!
GO & GROW is perfect for my needs and I have invested now on Mintos, I have only 1 month there, 12% it says :). But I am learning. I am ok with 10% as well if this lowers the risk, so I need to figure out the sweet spot between risk and interest.
I also have investments in Housers, I absolutely loved it at the beginning but now the interest is too low (maybe 4% or less) with 90% of my money in non liquid investments… so slowely as I get money back from there, I will move them to Mintos. Also, I look for other platforms, it is more confotable to have investment in different places after all :).
Why Monethera, wisefund and TFG crowd is not in this list?
Before investing I study the company, the borrowers and their past history. In this case the companies are very new and there is not enough data. On my P2P lending comparison page Monethera and Wisefund still have only 1 star. BTW, I am ready to change my mind if conditions change.
How to choose between Mintos and Bondora?
Honestly I don’t choose and I don’t recommend any P2P in particular. The 2 tools can work in synergy for me because they have different characteristics. I like them both after 4 years.
I need advertisement on your website
Sorry, I don’t want ADS on my website
I agree on your good rating for Mintos and Bondora and Estateguru. I am skeptical about Flender. I don’t understand why you don’t mention fastinvest, swaper, viventor, grupeer, envestio
Hi Xavi, happy to know we agree on something😉. Envestio is not on my radar for this reason but I am ready to change my mind.
Flender is small but cool ..so far. Grupeer is interesting, read this!
Swaper and Viventor? Will write about it as soon as I can.
If this are the best p2p lending, why do you include envestio and then you say it is not one of the best?
«Touché!»
My and my wife just registered on Trine. Is there a way to set an automatic investment?
Yes, they call it “monthly investment” (I don’t know why it is hidden under the how-it-work page). The investment criteria are reasonable and easy to understand. Min is 50€ per month and above 500€ per month there is an extra 2% (of the fee Trine gets on the project).
Thank you for introducing me to bondora, I have the go and grow and it works ok. I’ll write you more questions privately on other p2p websites you don’t mention here and their availability in Russia if you don’t mind.
Do you need an urgent loan
Do you need an urgent loan to start a new business contact: [email protected]
Add lendahand.com please. Good for people and good for the investor.
Please add swaper and viventor
Hey! Yes, I will consider it. You find both with updated ratings in the compare p2p lending europe page. Check it out! I am very proud of that page.
Which British p2p websites are accessible to us Europeans non residents in the UK?
Well, I remember Bridgecrowd, Kuflink and Property Partner, but there are a few more. I’ll look into it and I’ll give you a complete answer, William.
Great information. I am not sure I can invest from country.
☑️ I can help you Faisal. Here is the list of the countries where investors are NOT allowed to invest in Mintos. Most P2P follow a very similar list.
Add peer berry and iuvo, take away envestio and october
I’ll take into account what you write
You missed Prosper and Lending Club, the biggest 2 ever. Is there a reason?
Sure. These 2 are not accessible from Europe and the rest of the world and most of my readers are from EU and Asia. Thank you for your contribution Jason
Happy to notice Quetzall is not on your best list Revenueland
That’s true, Nirvana. For business loans I only mention Flender and just because they have been for many years on the market with reasonably low default rate. Interest rates there are much lower than what was on offer on Quetzal.
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True, I think you should be transparent as how much platforms pay for reviews. It can be the only explanation as to why you push Flender so heavily given they are not being honest about their default rates. The actual default is multiples of what they report so if you did your homework you would know this.
Wow, I’m very happy to answer, George. Transparency: Only few P2Ps so far have dared to ask me to be mentioned here in exchange of a generic “contribution”. One was Envestio. The same Envestio have never asked me to remove my March 2019 bad review.
Housers’ P2P people were nice and called just to send me new data and features I hadn’t mentioned before in my 2018 very mild review.
There will never be a way (until I own it) to appear here or in the comparison table by supporting this website. Never.
Flender had a 0,2% default rate when I started and now it is officially 0,8% (+120 days). The few delays are not affecting much my performance due to the diversification I’ve implemented in almost 2 years.
Anyway, I take in serious consideration your comment and I’ll ask Flender for fresher data to publish.
I don’t push Flender, I report what I know. Help yourself and search for the word “recommend” on this website. You wont find it.
Last year you avoided me to invest with Envestio!!!!
May God bless YOU and your website, just everyday.
🔴 I am extremely happy you write this. It’s great to have you here reading me.
I did not listen to your bad opinion on Envestio last year, but it was just a few hundreds euros, no big deal. How do you know things before others?
I’m up to date on the p2p market and other alternative investments, but no, most of the time I don’t know things before the others. I’m part of the Mintos investors club (and a few more advanced investors’ programs), so maybe Mintos makes me do investor tests before the public, but I don’t have any vital or confidential information. I share what I know and a little bit more to newsletter subscribers.
Great post. I’ve just registered on Trine and Mintos
I am looking at Trine after seeing it on your list. Sounds interesting.
Didn’t know flender. I’ll give it a try. Good for me to get some loans out of latvia-estonia. It seems to me that 99% of P2P are from those countries.
Most of the platforms come from these countries because they offer a good environment for these companies. Estonia and Latvia also have (and attract) highly qualified professionals. Flender.ie is Irish but only offers loans to companies, a very specific and particular class of loans. I like Flender for a number of reasons and one of the reasons is that it is not located in Latvia-Estonia.
Very Interesting!
“Auxmoney” (Germany) sparkles by it’s absence here, but is quite big in Germany. Is it’s absence because of lack of access (outside of Germany), or some other reason?
Good point. Auxmoney is very big (and growing) and deserves a mention but unfortunately it seems that it is still not available to investors outside Germany and the site is only in German.
I have nothing against Auxmoney, except that it is geographically limited to only one country. Thank you for your question.
Here in the US p2p lending is not a big deal anymore. I guess in Europe will be the same within a few years from now. Which platforms I am allowed to invest from the US?
Hi Sonia. I know in the US P2P lending is not very convenient anymore for investors. BTW, it is possible to invest in almost any of the above mentioned websites just by using a cheap Transferwise account or Revolut. I hope this will help.