hamburger

11 Best P2P Lending Platforms in Europe

Want to invest in P2P loans but don't know where? We introduce you to the best P2P lending platforms.


Top P2P Lending Sites for 2020

Are you looking for Europe’s best P2P lending platforms in 2020? Look no further. We have reviewed and tested over 30 different P2P lending platforms, and in this article, we list 12 of the best when it comes to offering investors the highest yield while keeping their investments safe.

Note that we have chosen platforms according to their performance during normal market conditions.

At P2P Empire, our biggest passion is reviewing and testing P2P lending sites, and our reviews are nothing less than meticulous.

In fact, when reviewing a P2P lending site, we look at 93 different factors!

In this post, however, we will simplify our process and let you know how we’ve determined which platforms are the best to invest in right now.

👉 Skip to the list

Primary Criteria

So, how have we chosen the best platforms?

First and foremost, we’ve looked at the risk and return ratio, and we’ve measured this by finding information about each P2P site’s average interest, protection and loan types.

  • Average interest: Looking at a platform’s average interest will give you an idea of how much yield you should expect when investing there.
  • Protection: Every P2P lending platform has a slightly different protection scheme, which increases or lowers the risk that comes with P2P lending.
  • Loan type: Every loan type is subject to different risks. Diversification across multiple loan types is our recommended P2P investment strategy for 2020.

Secondary Criteria

Secondly, we have also evaluated each platform’s features (which greatly influence a user’s investing experience) when determining the best P2P lending sites in Europe.

  • Availability of loans: The platform should have enough available loans that you can invest in, so we have excluded platforms that often suffer from cash drag.
  • Secondary market: Liquidity is an important criterion for every P2P investor. We have also listed platforms that allow you to exit your investments within three months.
  • Auto invest: Many P2P investors use lending sites to create a passive income stream. For this reason, in our list of the best P2P lending platforms in Europe, we prioritize those platforms that allow you to automate your investment strategy.
  • Customer support: Customer support very much influences customer satisfaction, which we care about a lot. If you are just starting out with P2P lending, you should be able to rely on the platform to help you with your investment journey, which is why we added this criterion when picking the best P2P lending sites.
  • Trust factor: We have conducted a comprehensive background check of every platform on our list. Trust is an important factor that should be considered when choosing the best P2P lending platform. Learn more about it in our in-depth platform reviews.

As a result of the completion of the above due diligence, the below P2P lending sites are those that offer high returns, protection and liquidity, as well as excellent features to make investing as simple and stress-free as possible.

So, then, without further ado, let’s have a look at the best P2P lending platforms in Europe.

Best European P2P Lending Platforms

P2P PlatformAverage InterestProtectionInvestment Type
Mintos12.08%Buyback GuaranteeConsumer
EstateGuru11.8%MortgageReal Estate
PeerBerry13.78%Buyback GuaranteeShort-Term
Bondora G&G6.75%UnsecuredConsumer
Viventor13.2%Buyback GuaranteeConsumer
VIAINVEST12%Buyback GuaranteeConsumer
Debitum8.44%Buyback GuaranteeBusiness
Reinvest2414.6%MortgageReal Estate
Bondster12.51%Buyback GuaranteeConsumer
EvoEstate16.32%MortgageReal Estate
Crowdestate17.26%MortgageReal Estate

1. Mintos

p2p platform mintos

Mintos Highlights

  • Broad diversification options
  • Automate your portfolio with Auto Invest
  • High liquidity thanks to Mintos Invest & Access
  • Most innovate P2P lending site
Mintos Overview
Average Interest:12.08%
Protection:Buyback Guarantee
Loan Type:Consumer
Availability of Loans:Very Good (4/5)
Secondary Market:Yes
Auto Invest:Yes
Customer Support:Exceptional (5/5)
Trust Factor:Good (3/5)

Pros

  • Transparent communication
  • High liquidity
  • Suitable for beginners
  • Cons

  • Not available for UK investors
  • Temporary cash drag
  • Poor monitor of loan originators
  • With more than 280,000 investors, Mintos is the largest and most popular P2P lending platform in Europe. This Estonian P2P lending site mainly lists consumer and short-term loans from over 71 loan originators in 33 countries. Mintos offers the best diversification options of all of the P2P lending sites we have tested in 2020. Find out more about this P2P lending site in our Mintos review.

    Ready to invest on Mintos?

    Read our comprehensive Mintos review

    2. Estateguru

    p2p platform estateguru

    EstateGuru Highlights

    • Property-backed P2P loans
    • Excellent risk assessment
    • 95% secured by a 1st rank mortgage
    • €0 loss of investors’ money
    EstateGuru Overview
    Average Interest:11.8%
    Protection:Mortgage
    Loan Type:Real Estate
    Availability of Loans:Very Good (4/5)
    Secondary Market:Yes
    Auto Invest:Yes
    Customer Support:Very Good (4/5)
    Trust Factor:Exceptional (5/5)

    Pros

  • Secured by a mortgage
  • Automated investments
  • No cash drag & stable returns
  • Cons

  • Limited Diversification
  • Not suitable for short-term investors
  • No instant withdrawals
  • EstateGuru is our favorite real estate P2P lending platform in Europe, partially due to the fact that the team does an excellent job at risk assessment. As a result, since EstateGuru’s inception in 2014, none of their investors have ever lost any money.

    Also, 95% of the real estate loans are secured by a first-rank mortgage which is also one of the reasons why EstateGuru managed to acquire more than 43,000 investors. The platform has also clearly gained its investors’ trust, for EstateGuru also has one of the highest average portfolio sizes.

    Ready to invest on EstateGuru?

    Read our comprehensive EstateGuru review

    3. PeerBerry

    p2p platform peerberry

    PeerBerry Highlights

    • High availability of loans
    • Automate your portfolio with Auto Invest
    • High liquidity due to short-term loans
    • Responsive support
    PeerBerry Overview
    Average Interest:13.78%
    Protection:Buyback Guarantee
    Loan Type:Short-term
    Availability of Loans:Exceptional (5/5)
    Secondary Market:Yes
    Auto Invest:Yes
    Customer Support:Very Good (4/5)
    Trust Factor:Very Good (4/5)

    Pros

  • Buyback + Additional Guarantee
  • Loyalty Bonus up t 1%
  • No cash drag & stable returns
  • Cons

  • Limited Diversification
  • Not suitable for long-term investors
  • No instant withdrawals
  • PeerBerry is a marketplace for loans. The loans are originated by 17 lenders from two large finance groups - the Aventus Group and Gofingo. Most loans have a loan term of less than one month, which makes PeerBerry a good alternative for investors who want to invest in short-term loans.

    PeerBerry is also a good alternative to Mintos, as investors can diversify across loan originators that aren’t listed on Mintos. Additionally, the average interest rate in recent months is actually higher on PeerBerry than it is on Mintos, which is pretty impressive. Last but not least, all PeerBerry investments, and the accrued interest, are secured by a 60-day buyback guarantee.

    Ready to invest on PeerBerry?

    Read our comprehensive PeerBerry review

    4. Bondora Go and Grow

    p2p platform bondora

    Bondora Highlights

    • Invest in Bondora's self-originated loans
    • Intuitive investment products
    • Available in 23 languages
    • Excellent liquidity
    Bondora G&G Overview
    Average Interest:6.75%
    Protection:Unsecured
    Loan Type:Consumer
    Availability of Loans:Exceptional (5/5)
    Secondary Market:Yes
    Auto Invest:Yes
    Customer Support:Poor (1/5)
    Trust Factor:Good (3/5)

    Pros

  • Superb liquidity
  • Great for long-term investors
  • High availability of loans
  • Cons

  • Unsecured P2P loans
  • Low yields
  • Poor customer support
  • Bondora Go and Grow is a popular product for passive P2P investors, who just want to invest their money and forget about it. Bondora is not just a marketplace but also a loan originator. With Bondora Go and Grow, investors diversify their investments across 90,000 loans; there’s no other platform offering such broad diversification to date.

    There are some risks involved with Bondora, however, the most prevalent being their lack of a buyback guarantee, which means that the diversification is the only protection scheme that lowers investors’ risk of default. Bondora’s Go and Grow promises stable returns of 6.75% per year with the option to instantly withdraw your money should you wish to do so.

    Ready to invest on Bondora?

    Read our comprehensive Bondora review

    5. Viventor

    p2p platform viventor

    Viventor Highlights

    • Invest in loans from 7 loan originators
    • 30, 60 and 90 day buyback
    • Earn up to 16% p.a.
    • Save time with the Auto Invest
    Viventor Overview
    Average Interest:13.2%
    Protection:Buyback Guarantee
    Loan Type:Consumer
    Availability of Loans:Very Good (4/5)
    Secondary Market:Yes
    Auto Invest:Yes
    Customer Support:Very Good (4/5)
    Trust Factor:Good (3/5)

    Pros

  • Decent diversification
  • Functional Auto Invest
  • High returns
  • Cons

  • Mostly only secured by buyback
  • No instant withdrawals
  • Some LOs list their loans on Mintos
  • Viventor is one of the most underrated P2P lending sites in 2020, and here’s why: the platform offers buyback guarantee-secured consumer loans of up to 84 months; an auto invest tool; a secondary market and great diversification.

    We’d always recommend spreading your investments across multiple platforms. With Viventor, try investing in loans different to those you’ve invested in on other platforms like Mintos.

    Ready to invest on Reinvest24?

    Read our in-depth Viventor review

    6. VIAINVEST

    viainvest

    VIAINVEST Highlights

    • Invest in short-term loans
    • Automate your portolio with Auto Invest
    • High liquidity due to short-term loans
    • Earn up to 11% interest per year
    VIAINVEST Overview
    Average Interest:12%
    Protection:Buyback Guarantee
    Loan Type:Short-Term
    Availability of Loans:Very Good (4/5)
    Secondary Market:No
    Auto Invest:Yes
    Customer Support:Very Good (4/5)
    Trust Factor:Very Good (4/5)

    Pros

  • 30 day buyback guarantee
  • 5% Skin in the Game (LO)
  • 0% Fees
  • Cons

  • Limited Diversification
  • Withholding Tax
  • Subject to cash drag
  • VIAINVEST is a P2P lending marketplace for loans originated by the VIAINVEST Group. Most of the loans on VIAINVEST are short-term loans for less than 30 days. All of your P2P investments are covered by a 30-day buyback guarantee. The average interest rate on VIAINVEST is 12% per annum and the average portfolio size is around €4,000. VIAINVEST platform has been operating since 2016 and investors haven’t lost any money since them, which is a good sign that VIAINVEST is able to protect your investments.

    Ready to invest on VIAINVEST?

    Read our updated VIAINVEST review

    7. Debitum Network

    debitum network

    Debitum Network Highlights

    • Invest P2B loans secured by buyback and collateral
    • Minimum investment from €10
    • Functional Auto Invest
    • One of the most user-friendly platforms
    Debitum Network Overview
    Average Interest:8.44%
    Protection:Buyback + Collateral
    Loan Type:Business
    Availability of Loans:Very Good (4/5)
    Secondary Market:No
    Auto Invest:Yes
    Customer Support:Very Good (4/5)
    Trust Factor:Very Good (4/5)

    Pros

  • Secured business loans
  • Automated investment strategies
  • Intuitive P2P platform
  • Cons

  • Lower returns
  • Limited diversification
  • No instant withdrawals
  • Debitum Network is currently one of the safest platforms that offer investments in business loans. All of your P2P investments are secured by a buyback guarantee as well as collateral. Collateral could be property, inventory, invoices or company stocks. Furthermore, the business owner also provides its own personal guarantee. Currently, Debitum Network collaborates with 9 loan originators from six countries. New investors that sign up on Debitum Network will get a special cashback bonus. Learn more about the current offers in our Debitum Network review.

    Ready to join Debitum Network?

    Read our comprehensive Debitum Network review

    8. Reinvest24

    p2p platform reinvest24

    Reinvest24 Highlights

    • Invest in rental properties
    • Minimum investment from €100
    • Lower risk and stable cashflow
    • Increase your platform diversification
    Reinvest24 Overview
    Average Interest:14.6%
    Protection:Mortgage
    Loan Type:Real Estate
    Availability of Loans:OK (2/5)
    Secondary Market:No
    Auto Invest:No
    Customer Support:Exceptional (5/5)
    Trust Factor:Good (3/5)

    Pros

  • Monthly rental income
  • Non-traditional investment
  • Secured by a collateral agent
  • Cons

  • No Secondary Market
  • Limited diversification
  • 2% entry fee
  • Reinvest24 is the most unique P2P lending platform in Europe. Why? It follows a fundamentally different business model to all the other P2P platforms.

    Reinvest24 allows you to invest in rental properties and earn a passive income through rental payments. As an investor, you buy a share of a property for a specific period of time. After the property is sold, you might benefit from additional capital gain. Combined, investors earn on average 14.6% yield per year. Find out more about the platform in our comprehensive Reinvest24 review.

    Ready to invest on Reinvest24?

    Read our in-depth Reinvest24 review

    9. Bondster

    p2p platform bondster

    Bondster Highlights

    • Invest in consumer and business loans
    • Minimum investment from €5 / 100 CZK
    • High yields up to 15%
    • Secured by a buyback guarantee
    Bondster Overview
    Average Interest:12.51%
    Protection:Buyback Guarantee
    Loan Type:Consumer
    Availability of Loans:Very Good (4/5)
    Secondary Market:No
    Auto Invest:Yes
    Customer Support:Very Good (4/5)
    Trust Factor:Very Good (4/5)

    Pros

  • Alternative to Baltic platforms
  • Not witholding taxes
  • Wide diversification options
  • Cons

  • 1% fee for investments in CZK
  • Most offers are consumer loans
  • Fee for early withdrawals
  • Bondster is the Czech counterpart to Mintos. In fact, this marketplace follows a very similar business model with slightly higher yields.

    With a minimum investment amount of €5, Bondster helps investors achieve better diversification of their P2P lending portfolio.

    But, the liquidity on Bondster isn’t as high as that on Mintos and it comes with certain contingencies, which we describe in more detail in our Bondster review.

    Ready to invest on Bondster?

    Read our updated Bondster review

    10. EvoEstate

    p2p platform evoestate

    EvoEstate Highlights

    • Invest in real estate
    • Diversify across 20 platforms
    • Free Auto Invest cancelation
    • Great liquidity
    EvoEstate Overview
    Average Interest:16.32%
    Protection:Mortgage
    Loan Type:Real Estate
    Availability of Loans:Very Good (4/5)
    Secondary Market:Yes
    Auto Invest:Yes
    Customer Support:Very Good (4/5)
    Trust Factor:Very Good (4/5)

    Pros

  • Exceptional diversification
  • Amazing liqudity
  • "Skin in the Game"
  • Cons

  • Short track record
  • No investment agreement
  • Not regulated
  • Do you want to build a well-diversified real estate portfolio with P2P lending? Well, if you’ve spent much time researching this, you’ll know that this is hard to achieve using only one platform, as real estate projects aren’t as common as consumer loans. That’s where EvoEstate comes in.

    EvoEstate is an aggregator of real estate platforms. With one account, you can invest in real estate projects by 20 project originators. EvoEstate also lists loans from other popular platforms such as Brickstarter, Bulkestate and Reinvest24. The platform is one of the few that invest their own money in individual projects. Learn more about the amazing features of EvoEstate in our latest EvoEstate review.

    Ready to invest on EvoEstate?

    Read our in-depth EvoEstate review

    11. Crowdestate

    p2p platform crowdestate

    Crowdestate Highlights

    • Invest property-backed loans
    • Minimum investment from €100
    • LTV always below 75%
    • Good ratio between returns and risk
    Crowdestate Overview
    Average Interest:17.26%
    Protection:Mortgage
    Loan Type:Real Estate
    Availability of Loans:Good (3/5)
    Secondary Market:Yes
    Auto Invest:Yes
    Customer Support:OK (2/5)
    Trust Factor:Good (3/5)

    Pros

  • Transparent project description
  • Functional Auto Invest
  • Higher returns
  • Cons

  • Higher minimum investment amount
  • No instant withdrawals
  • Registration can be frustrating
  • Do you want to earn high returns while being protected by a first-rank mortgage? That’s possible with Crowdestate! The Estonian P2P real estate platform is EstateGuru’s biggest competitor, but Crowdestate offers a slightly higher average interest.

    There are a couple of negatives to the platform though. The first being the minimum investment amount of €100, which is not going to help you diversify your portfolio as fast as you could on EstateGuru. Another one being (and this is the reason we’ve list the platform at position #11) their customer support, which does not live up to that on other platforms.

    Ready to invest on Crowdestate?

    Read our nifty Crowdestate review

    This sums up our list of the best P2P lending platforms in Europe for 2020. Like what you see? Have a more indepth read of our comprehensive platform reviews to fully understand platform functionalities and features.

    What’s your favorite P2P lending site in 2020?

    Send us your thoughts at info@p2pempire.com and we might add your pick to the list.

    Popular articles
    blank10 Best Mintos Alternatives
    blankHow to Avoid Being Scammed
    blankBest Real Estate P2P Platforms
    Popular Platform Reviews