Get a quick overview of the latest news from the P2P lending industry
Mintos has rolled out a Secondary Market for its bond products, allowing investors to trade bonds by ISIN, issuer, yield, and more. This upgrade enhances liquidity and access to fixed-income options
TWINO CEO Helvijs Henšelis has resigned, marking the fourth leadership change in five years. Nauris Bloks, a former Supervisory Board member and ex-DelfinGroup executive, steps in as Interim CEO effective April 24. Bloks brings fintech and digital product expertise, aiming to guide a stable transition and strengthen the platform amid continued strategic shifts.
In March, LANDE investors received €935,024 in principal repayments, pushing the all-time total to €16.65M. Most overdue loans (90+ days) are now in enforcement, with bailiffs involved in asset recovery. The platform continues shifting from livestock and harvest-backed loans to those secured by land or machinery to improve loan performance and reduce default risk.
Mintos has lowered the interest rate for its Smart Cash product to 2.25%, effective immediately. The change follows the recent rate reduction by the European Central Bank.
HeavyFinance has rebranded to InSoil, reflecting its deeper focus on regenerative agriculture and soil health. The company also introduced InSoil Finance, a new identity tailored to its 14,000+ investors, aiming to enhance the retail investment experience while continuing to support sustainable farming practices.
Virtus Lending posted a strong Q1 2025, with operating income up 68% YoY to €481K and net profit tripling to €116K. Gross margin hit 68%. Assets totaled €10.6M, with a €9M loan portfolio. Since joining the Income platform, the firm has raised over €1M. Virtus now plans to launch collateralized car loans, offering shorter terms and low default rates.
From April 22 to May 23, Indemo is offering tiered cashback rewards of up to 4% on total investments starting from €500. Cashback levels unlock instantly as investors reach €1,500 (3%) and €5,000 (4%), whether in a single deposit or multiple. Both new and existing funds qualify. Cashback is non-withdrawable and subject to Indemo’s terms and conditions.
Afranga is now a regulated crowdfunding platform with direct loan agreements, asset-backed lending, and no buyback guarantee. Funds are held in segregated LemonWay wallets, and investor protections have improved. Auto Invest, a Secondary Market, and EU expansion are coming soon. Want the full picture? CEO Svetlin Sabev breaks it all down in our exclusive Afranga interview – watch it in our latest review.
In this month’s update, we cover the latest data on recoveries, defaults, and loan volumes across major players like Mintos, PeerBerry, EstateGuru, and more. Watch the full video to see where your money might be working—or at risk.
Learn more about the recent changes in our P2P lending portfolio.