Crowdlending 2026: P2P lending platforms compared

Debitum is one of the few P2P lending platforms with a genuine investment brokerage licence under the MiFID II framework and supervision by the Latvian central bank. You invest in secured business loans structured as asset-backed securities via a wholly owned subsidiary. You can start from €10.

The protection is comparatively strong, with a 100% buyback obligation and skin in the game from the lenders. Even so, buyback is an obligation of the originator, not external capital protection. The 0% default rate stated so far is a look back, not a guarantee for the future. There is no real secondary market yet.

You can get started from €10, deposits and withdrawals are free of charge for investors, and via our link there is 1% cashback for the first 30 days that combines with the four-tier loyalty programme (loyalty bonus up to 2% p.a.). The individual asset-backed securities run, depending on the investment, for around 3 to 36 months; with no secondary market, your capital is locked until repayment. You pay in by card, open banking or a classic SEPA transfer.

For us, Mintos is a standout all-rounder in the comparison, because as a licensed MiFID II investment firm it is supervised by the Latvian central bank while also offering one of the widest selections by far. Alongside classic loans, you can invest here in bonds, real estate, ETFs and an interest-bearing cash product, all from €50 and spread broadly across many lenders.

One important nuance: the MiFID licence and the investor compensation of up to €20,000 protect you against certain breaches of duty by the platform, but not against the default of individual loans. The buyback obligation comes from the respective lender and is not an insurance. The fact that a negative annual result was possible in 2022 shows that the return is real, but it fluctuates.

In practice you start from €50, pay in by SEPA transfer or card, and either spread your money automatically with Auto Invest or pick loans, bonds, real estate and the cash product yourself. Through the secondary market you can also exit positions early for a 0.85% sale fee. The account is free, only after prolonged inactivity does a €4.90 monthly fee apply, and Mintos is one of the few platforms in the comparison with an app for iOS and Android.

Go & Grow is Bondora's automatic loan-portfolio product and a particularly beginner-friendly solution, more a P2P-style loan-portfolio alternative than a classic loan-picking platform. You invest from €1 in an automatically diversified portfolio and the target return is up to 6%. By design, there is no option to pick individual loans.

A nuance worth noting: it is the parent company Bondora AS that is regulated, by the Estonian supervisor; the Go & Grow entity itself is not. The model is based on an assignment of claims, there is no classic buyback but an internal cash reserve buffer, and no deposit guarantee scheme. In return, the return is capped at 6%.

Go & Grow works in a deliberately simple way: you pay in from €1 by SEPA transfer, the money is spread fully automatically across many loans and is in principle available again at any time. There is no loan picking of your own and no secondary market. Each withdrawal costs €1 flat; otherwise the product is free of charge and can be used via an iOS and Android app.

LANDE is a Latvian crowdlending platform for agricultural loans in the Baltics and Eastern Europe, and as an ECSP-licensed platform it is supervised by the Latvian central bank, with an EU-wide passport. Instead of a buyback promise, the loans are usually backed by real collateral: a property lien on farmland, a registered pledge on machinery or a guarantee. Some loans are instead covered by a guarantee from the European Investment Fund (EIF). The conservative loan-to-value, at 42% on average, is the real protection.

An important nuance: LANDE deliberately offers no buyback. If a loan defaults, there is no quick money from the lender, but the recovery of the collateral, which can take months to years. The disclosed default rate is around 4.8% by volume. No investor capital losses are reported so far, though that is a provider figure and not externally confirmed.

In practice you invest from €50 per loan, pay in by SEPA or Pay by Bank and diversify with Auto Invest or pick projects yourself. There are no investor fees and withdrawal is free; for early liquidity there is a secondary market without a guarantee. LANDE is profitable per its audited accounts (profit of around €196,000 in 2024 and €206,000 in 2025), but with around 11,000 investors it remains a smaller, younger platform.

Lendermarket has held an ECSP licence from the Irish central bank since the end of 2024, which lets it operate across the EU. The target returns, with a weighted average around 13%, are among the higher ones in the comparison, entry is from €10 and new investors receive 1.5% cashback via our link.

To be honest, two points belong to the picture: Lendermarket works with a dual structure, a regulated crowdfunding service and a separate, unregulated claims service. And a large share of the originators belongs to the Creditstar group, which means a noticeable concentration risk. According to its own Risk Disclosure there is no deposit guarantee scheme and no investor compensation.

In practice you invest from €10 through an Auto Invest; there is no real secondary market, only the FLEX portfolios allow an early exit via an exit fee. The loans start at 30 days and you pay in by SEPA transfer or card. The first withdrawal per month is free and each further one costs €2.

Afranga is a spin-off of the Bulgarian lender Stik-Credit and works with a clean ECSP structure supervised by the Bulgarian Financial Supervision Commission. Entry is from €10 and new investors receive 0.5% cashback via our link in the first 90 days.

The most important difference from many competitors: Afranga offers no buyback mechanism. The default risk therefore lies directly with the investor. On top of that, some of the lenders are close to the group, and the secondary market is not yet live. The ECSP licence brings standardised investor-protection rules, but no deposit guarantee scheme on the capital you invest.

Alongside the classic loan book, Afranga offers the SaveSmart fixed-rate product at 8 to 10% depending on term, and since 2026 also property loans. Terms run from 1 to 60 months. For the investor the platform is completely free of charge; you pay in only by bank transfer via the provider Lemonway, with no card payment option.

Monefit SmartSaver is less a classic P2P lending platform than a flexible savings product: the main account, with a target return of 7.5%, is available daily, and the fixed Vaults offer higher target values. With a 4.7 Monefit has the highest Trustpilot rating in the comparison and a large user base.

On regulation it is worth a close look: as with Bondora, the platform entity itself is not regulated, but behind it stands the Creditstar group as lender, licensed in eight countries. Your money flows into its consumer loan portfolio via an assignment of claims. There is no deposit guarantee scheme. On the plus side, the capital sits in a separate SmartSaver account. The rising debt load of the Creditstar group is worth keeping in mind. Returns are target values, not guaranteed interest.

The main account is possible from €10 and can be closed out daily; according to the provider, smaller amounts are available within minutes. Those who want a higher target return lock money into fixed Vaults of 12 to 24 months. SEPA deposits are free, card transactions cost 1% after the first seven days, and via our link there is 0.25% cashback on transfers. There is no dedicated app, Monefit runs in the browser.

Digilo is a young Latvian crowdlending platform for property-secured business loans, and as an ECSP-licensed platform it is supervised by the Latvian central bank (Latvijas Banka), with an EU-wide passport since June 2026. Investors give the loan directly to the borrowing company, each project is secured with a property lien (LTV of at most 60% per the provider) and managed via a security agent. Structurally this resembles the LANDE model.

The decisive point for assessing it is the early stage: Digilo has so far financed only four projects worth around €83,000, the first in June 2026, and not a single loan has matured yet. The disclosed default rate of zero percent therefore has no significance. There is expressly no buyback and no secondary market either, so your capital is locked until the end of the term of 12 to 36 months.

The terms: from €150 per project, a provider return expectation of 9 to 12% (11.44% realised on average so far across the four projects), no investor fees except €1 per withdrawal. Deposits and withdrawals run via a wallet at the payment provider Lemonway. There is no deposit guarantee scheme and no investor compensation. Digilo is regulatorily cleanly set up, but in the comparison it has a particularly low volume and a very short track record.

Indemo is a Latvian investment firm under MiFID II supervision by Latvijas Banka. Unlike classic P2P lending, Indemo sells shares in non-performing Spanish property loans, which a Spanish partner buys from banks at a high discount and recovers through foreclosure. There is no fixed interest rate and no monthly payment, but a payout at the end, whose amount and timing are both open.

The investor protection is narrower than the advertising suggests: the investor compensation of up to €20,000 covers only the case where Indemo itself does not return your money, not a poor recovery or falling property prices. The official KID classifies the product in risk class 6 of 7. There is no buyback, but with an already defaulted loan that is inherent to the system: the collateral is the property, not a promise by the platform.

You can start from €10, investing as well as deposits and withdrawals are free, only an inactive account costs €2.90 per month. The transparency stands out positively: Indemo discloses the audited annual accounts of the Spanish recovery firms, which is unusual in the sector. The operator, however, still works at a loss, and there is neither a secondary market nor an early exit, so your capital is locked for several years.

Esketit offers an attractive average return of around 11.8% and a buyback by the lenders. The platform is closely interlinked with its lenders and is backed by a strategic shareholder from the banking sector. Entry is from €10.

The decisive point for assessing it: according to its own footer, Esketit is not regulated by a financial services licence, though an ECSP licence has been applied for. The model is based on an assignment of claims. In addition, there was a change of registered office to Croatia in 2025, during which some funds were temporarily frozen. This platform is therefore better suited to experienced investors who can weigh the risk.

In practice you invest from €10, can use an Auto Invest and partly sell positions on the secondary market, which is however deactivated for one of the entities. The loans mostly run between 1 and 12 months. There are no platform fees and you pay in by transfer from a verified EU bank account.

Loanch is a marketplace for assigned claims from consumer loans in Malaysia and Indonesia, operated by a Croatian company. It advertises up to 15.9% APR, its own statistics page quotes 14.75% average return, and the originator averages run at 11 to 13.82%. The protection comes via a buyback obligation of the respective lender, stated as 30 days in the marketing but as 60 days in the binding Risk Statement, and according to Loanch it does not apply to all offers.

The central point of criticism is the structure: Loanch is unregulated, there is no ECSP, MiFID or banking licence and no deposit guarantee scheme. The marketplace, all originators and the buyback guarantee belong to the same Fingular group, so there is no independent counterparty. The buyback guarantee is therefore worth only as much as this one group, and on top comes a strong concentration in one dominant originator.

In 2026 there was a real stress test: after the Polish regulator withdrew the payment provider's licence, deposits and withdrawals stood still for around three months. Buybacks have been served so far and there are no documented capital losses, but independent P2P reviewers expressly advise caution because of the structure and the lack of regulation. For us, Loanch is therefore at most a small, speculative add-on.

Hive5 draws investors with a high average return of around 12.5%, mostly short terms of 30 to 90 days (up to 24 months with the Linqo product) and a well-rated support. New investors receive 1% cashback via our link in the first 90 days, and a loyalty programme lifts the return further.

The platform holds no financial services licence and therefore falls into the high-risk category. On top of this comes a going-concern note in the 2024 accounts, with negative equity at operator level. The buyback promise comes from the originator and is not external protection. Hive5 is therefore suitable only for experienced investors willing to carry that risk consciously.

Typical of Hive5 are the short terms of 30 to 90 days, so capital often flows back quickly; with the Linqo product there are also terms of up to 24 months. You invest via Auto Invest, and a loyalty programme with the Navigator, Voyager and Pionier tiers lifts the return step by step. You pay in only by SEPA transfer, and Hive5 does not publish a fee schedule for investors.

Maclear is a Swiss stock corporation and finances secured business loans to small and medium-sized companies in more than 15 countries. With a 4.6 it has one of the highest Trustpilot ratings in the comparison and the most extensive bonus stack, across cashback, welcome and loyalty bonus.

On regulation, precision matters: Maclear is a member of a Swiss self-regulatory organisation (PolyReg) and follows FINMA standards, but it is not FINMA-regulated and holds no EU, MiFID or ECSP licence. Instead of a classic buyback there is a segregated, externally audited reserve fund, plus the collateral on the projects. So far there has been only one default, fully recovered, which is a look back and not a guarantee.

You invest from €50 per project and the currently listed projects run for around 9 to 14 months. Since 2025 there has been an Auto Invest, and through the secondary market you can sell positions for a 2.5% fee, though with low liquidity. Deposits and withdrawals by bank transfer are free, and the bonus stack of cashback, welcome and loyalty bonus can be combined.

Lonvest is a small, unregulated P2P platform from Zagreb that launched in 2023 and belongs to the Ukrainian-rooted lending group Space Crew Finance. It collects euros from European investors and passes them on to three lenders from the same group in Malaysia, Singapore and Mexico. The average rate is 11.5% according to the platform, and investing is done exclusively via Auto Invest from €50 with terms of 1 to 12 months.

An important point for context: Lonvest has no licence and says so openly in its own FAQ. There is no deposit guarantee scheme and no investor compensation. The advertised 90-day buyback guarantee is, in the contract, only a right of the lender, and an obligation exists according to the terms only in the event of its insolvency. The additional group guarantee appears only in marketing and has no contractual text and no named guarantor. There is no secondary market, and an early exit costs all accrued interest.

On the plus side: over more than three years there is no documented late payout to investors, buybacks reportedly arrived on time according to the community, and client funds are contractually segregated. The friction tends to be around deposits and verification. Bottom line, Lonvest remains a high-yield addition for risk-aware investors whose underlying value rests entirely on three small lenders and an undisclosed group.

Revest is the in-house funding channel of a Kazakh lending group. The platform is based in Croatia, collects euros from European investors and passes them on to lenders that belong to the same owner as the platform itself. It offers 13.5% on 25-day consumer loans and 14 to 16% on business loans with terms of 1 to 24 months, and investing is done exclusively via a portfolio automation from €10.

An important point for context: Revest is not regulated and states in its own footer that the operator is not authorised as an investment firm and does not provide investment services. There is no deposit guarantee scheme and no investor compensation. The real catch is the self-dealing: the platform, all three lenders, the buyback obligation and the collections belong to a single person. The business loans finance the group's own holding, so an independent counterparty is missing entirely.

On the plus side: Revest publishes an unusual amount of data, even the lenders' annual reports, and the short 25-day loans return capital quickly. But those very figures show the risk: the main lender GMoney had a default rate of almost 19% in 2024, and the reported profits stem largely from provision releases and currency gains, while the lenders operate at an operating loss. Bottom line, Revest is a highly speculative high-yield addition whose underlying value rests entirely on a group that is not independent.

8lends is a crypto crowdlending platform. You invest only in the stablecoin USDC on the Base network via a self-custodied wallet; investing in euros is not possible. It finances business loans to small and medium-sized firms worldwide, with live-observed returns of around 22% and terms of 4 to 16 months.

The core of the risk is the lack of regulation: 8lends holds no ECSP, MiFID or banking licence, only AML registrations (FINTRAC in Canada, PolyReg SRO in Switzerland). There is no deposit guarantee scheme and no investor protection, and the total-loss risk is stated expressly in the T&Cs. The advertised 100% capital protection and the buyback commitment appear only in the marketing and have no basis in the binding T&Cs.

On top of this comes an inconsistent operator detail in its own documents (Canada per the T&Cs versus St Vincent per the glossary). The homepage statistics also show the figure for the entire corporate group, not that of 8lends alone (8lends only, most recently around 19.7m USD, as of 25.08.2026). For us, 8lends is at most a very small, speculative add-on for experienced crypto investors, not a building block for serious wealth-building.