5 Mintos Alternatives ➤ Safer & Better P2P Lending to invest (June 2023)

mintos-alternative-p2p revenueland
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Focusing too much on a single P2P lending marketplace is never a good idea

…even if that P2P is Mintos ⭕️

There are good Mintos alternatives nowadays but there are things I wanted to know before choosing my next peer-to-peer lending platform


At the end of this short read you will know why, if & how to add more P2P lending Platforms alternative to Mintos

How to find good supplements to Mintos?

Here is my answer.


estateguru-logo

⭐️⭐️⭐️⭐️⭐️
10,7%

Early exit


Automations


safety nets

🏠


One click investing

🔲

Know more
peerberry-logo-revenueland

⭐️⭐️⭐️
11%

Early exit

🔲


Automations


safety nets


One click investing

🔲

Know more
why and how to use bondora

⭐️⭐️⭐️⭐️
4%

Early exit


Automations


safety nets

🔲


One click investing

Know more

⭐️⭐️⭐️⭐️
up to 8%

Early exit


Automations


safety nets


One click investing

🔲

Know more

⭐️⭐️⭐️⭐️⭐️
9%

Early exit


Automations


safety nets


One click investing

🔲

Know more
Flender p2p logo

⭐️⭐️⭐️⭐️
5%

Early exit

🔲


Automations


safety nets

🔲


One click investing

🔲

Know more

The emerging best alternative to Mintos now is definitely Robocash.

They have been doing well for many years but lately they have shown great abilities of managing bad economic conditions like those that we are experiencing now.

 

Find out more about RoboCash
Alternatives-Mintos-P2P revenueland


Here are the best alternative to Mintos:

A great alternative to Mintos can be Peerberry

Motto: “Investing made simple”

Why using Peerberry along with Mintos?

Peerberry is:

  1. Quite big (145.000.000€ of loans issued)
  2. Max return 11%
  3. Similar business model

More facts:

  • BuyBack ➡ YES ✅
  • Auto-invest ➡ YES ✅
  • Early exit ➡ NO
  • Number of investors: 10.000
  • Is it growing? YES ✅
  • Country: Latvia

Average interest rate: 11.21% ✅

⬇️

Nice to know:

Most Peerberry loans are originated by Aventus ( a big financial company), 2009  located in 7 countries, 550 professionals worldwide.

⬇️

My two cents:

If I was the kind of investor that fears some P2P platform can disappear with my money I think Peerberry is an option, because it has a rather safe and old background. (as you know, 100% safe don’t exist, but let’s try to find the best risk/reward!)

Visit Peerberry by yourself

⭐️Diversifying Mintos with real estate crowdfunding EstateGuru (My pick)

Motto: Bridging the Gap in Property Finance

Why using EstateGuru along with Mintos?

EstateGuru:

  1. Founded in 2013
  2. 460.000.000€ of loans issued
  3. Max return 12%

More facts:

  • BuyBack ➡ NO
  • Auto-invest ➡ YES ✅
  • Early exit ➡ YES
  • Number of investors: 123.000
  • Is it growing? YES ✅
  • Country: Estonia

Average interest rate: up to 10,7% ✅

⬇️

Nice to know:

✅ALL loans on EstateGuru are property backed.

93% of the deals are protected by a first-rank mortgage

⬇️

My take?

EstateGuru is as transparent as Mintos. I feel very safe investing here even if I know real estate crowdfunding, like every investment, comes with a risk. Default can happen but the team should be able to recover the money by selling the collateral.

visit estateguru by yourself

One side option to Mintos may be IUVO

Motto: “Your journey to profit”

Why using IUVO along with Mintos?

IUVO:

  1. Founded in 2016
  2. 200.000.000€ of loans issued
  3. Max return 11%

More facts:

  • BuyBack ➡ YES ✅
  • Auto-invest ➡ YES ✅
  • Early exit ➡ YES
  • Number of investors: 26.000
  • Is it growing? YES ✅
  • Country: Bulgaria/Estonia

Average interest rate: up to 12% ✅

⬇️

Nice to know:

Loans available in more countries and more currencies

The most detailed information about the single borrowers are available (even more than Bondora)

⬇️

My two cents?

IUVO is used by the most advanced investors in Europe. There must be a reason.

Visit IUVO to compare

Another substitute to Mintos was Bondora

Motto: “Your money deserves more. Reach your potential with Bondora”

Why using Bondora along with Mintos?

Bondora is:

  1. One of the oldest P2P websites (founded in 2009)
  2. Among the biggest P2P (280.000.000€ of loans issued)
  3. Max return 6,75% (virtually)
  4. Extreme automation (go and grow 4%)
  5. 1-click investing automation somehow similar to Mintos “invest & access”

More facts:

  • BuyBack ➡ NO
  • Auto-invest ➡ YES ✅
  • Early exit ➡ YES
  • Number of investors: 70.000
  • Is it growing? YES ✅
  • Country: Estonia

Average interest rate: up to 4% ✅ (Portfolio Pro)

⬇️

Nice to know:

The Go & Grow 4% automation is the only option left to invest.

What is the difference between Mintos and Bondora 1-click investment systems:

  • With Bondora “Go & Grow” all the money is instantly available
  • With Mintos “Invest & Access” only 80% is ready available

⬇️

My two cents:

There is no much strategy nowadays. 4% is all I can get here.

 

Visit bondora by yourself

On more way to complement Mintos is NeoFinance

Motto: “Let your money work for you”

Why using NeoFinance along with Mintos?

NeoFinance:

  1. Founded in 2016
  2. 41.000.000€ of loans issued
  3. Max return 24%

More facts:

  • BuyBack ➡ YES ✅
  • Auto-invest ➡ YES ✅
  • Early exit ➡ YES
  • Number of investors: 9.000
  • Is it growing? YES ✅
  • Country: Lithuania

Average interest rate: up to 18% ✅

⬇️

Nice to know:

Additionally to the optional buyback, investors can sell their investments for 50-80% of their face value to NEO Finance

Lithuanian loans Risk / reward ratio is one of the highest in Europe.

8+ years of experience in delinquent loans recovery. 65% of debts have been collected within two years.

⬇️

My take?

NeoFinance may be a bit more complex to set up for higher yields (without the Buyback I mean) but it can be potentially very rewarding. The best setup is simple: No buyback/ only A rated loans. Here is my Neo Finance Review.

Visit neofinance by yourself

Diversifying Mintos with real estate crowdfunding Crowdestate

Motto: “Invest in carefully selected and pre-vetted real estate investment opportunities across Europe”

Why using Crowdestate along with Mintos?

Crowdestate:

  1. Founded in 2014
  2. 77.000.000€ of loans issued
  3. Max return 9%

More facts:

  • BuyBack ➡ NO
  • Auto-invest ➡ YES ✅
  • Early exit ➡ YES
  • Number of investors: 39.000
  • Is it growing? YES ✅
  • Country: Estonia

Average interest rate: up to 18% ✅

⬇️

Nice to know:

Live chat available

95% of the deals are rejected by Crowdestate

1 new deal per week on average is offered (and growing)

⬇️

My take?

Crowdestate was a popular website but now it is getting less traffic.


How much to invest in peer to peer websites like Mintos?

Whan looking for Mintos alternative websites one can also ask “how much to invest in P2P lending“?

I never answer “it depends” if it not necessary.

It depends” is not an answer, right?

…but in this case, it depends “a lot”, and I am a simple investor, not your financial consultant.

Asset allocation is a complex topic and DIY investors should collect information on how to invest and how to allocate their funds as early as possible also to take advantage of compound interest.

I have chosen for myself not to exceed 20% of my assets invested wisely in P2P. This may change in the future since my asset allocation is always evolving.

Even if Mintos is in the top 9 P2P lending platforms from RevenueLand I strongly believe it is wise to have side options.

Many more side options are available to UK residents. Even if they are temporary not allowed to invest on Mintos, they have a wide choice of big and established P2P platforms in GBP and huge tax-free investment programs (IFISA).

Good news:

Adding P2P investments to my global portfolio is lowering the overall volatility and it is also supposed to lower the risk on the long term (data-driven statement, not …sensations)


go to p2p comparison tab

⏰You have money to invest but you are short of time

time-invest revenueland

I’ve made this list of alternatives platforms to Mintos to make it possible to find a similar and reasonable P2P tool in the shortest time.

I know many people have money to invest but often run short of time to manage D-I-Y and make the wrong decisions.

I am myself an investor and writing this article has also helped to clarify what will be next for me too.

I guess now your question is:

If there is nothing wrong with Mintos, why so many investors are looking for alternatives?

As a matter of fact, for me, Mintos stays in the “top of the pops” in my P2P portfolio.

A part is allocated with Invest & Access and a bigger part my way.

The thing is that “I & A” rates are going down a bit lately and we start to wonder until what level it would be acceptable to invest in loans that way.

[bctt tweet=”How many investors would use Invest & Access if yields were to fall below 7%?” username=””]

This is fueling a little exodus to smaller but yet decent P2P platforms, right when Mintos was taking it all.

[bctt tweet=”It is very easy to forecast that more small lenders will slow down payments and will be expelled by Mintos in the next years” username=””]

I foresee this is not going to be a big issue, since high interest rates and compound interest will easily compensate some small loss (the way it happens on Bondora).

Mintos buyback guarantee is not a 100% guarantee, so the safest way to protect my money is diversification. The day a big lender will go out of the market I will have a smaller capital with that lender if I am well-diversified across more platforms.

Not all the tools I mention here are similar to Mintos and they don’t necessarily have to be. If I look for diversification some difference is more than welcome.


I am short of time to try new things out⏱

We’ve all been running out of time lately.

Our digital lives are taking up more and more of our time, and the idea of adding further complexity frightens us.

Often the main reason why I’m keeping myself, as an investor, from trying new platforms is having to learn how to use them from scratch.
But now that I’ve tried so many, I realize that in reality they’re all designed to make it easy to use now.

I can say that the learning curve with the new P2P websites is usually less steep than expected.

This is also because it seems to me that as far as the UX is concerned they have probably influenced each other a little and the results are very good. Let’s say that fortunately they don’t differ too much from the user’s point of view.


🎩My P2P lending best Picks alternative to Mintos

I believe any of the 7 mentioned tools are valid investing websites for me to  diversify.

If I had to choose my best I’d say EstateGuru, Bondora, Peerberry and NeoFinance.

All the tools mentioned here are free to use and to try out.

Dear Mintos, I love you, but I’ve been attracted to other women lately….


How do you get your diversification?

Have you got a smart way to achieve it?

Share your best P2P tools here in the comments and indicate your best mintos Alternative!


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4 thoughts on “5 Mintos Alternatives ➤ Safer & Better P2P Lending to invest (June 2023)

  1. Pedro Pimenta says:

    By reading this article my first question is why all the P2P platforms are from East countries? Is it coincidence?

    • True from Revenue Land says:

      No coincidence, Pedro. In the Baltics there is a combination of financial expertise, environment and regulation that is boosting the creation of startups in general. Taxify, Skype, Bolt app and many more are born there. On the other hand, the biggest P2Ps are all from the UK and US, but not always accessible without a bank account there. Out of the Baltics? There are Fastinvest (UK, but half Baltic), Flender (Ireland), October (Spain)a and Housers (Spain).

  2. Ellie says:

    The only real alternative to Mintos for me is IUVO.
    I like they have Bulgarian loans instead of all baltic loans. I call it diversification.

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