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10 Best P2P Lending Platforms in Europe

Want to invest in P2P loans but don't know where? Here are the best P2P lending platforms.


Best P2P Lending Platforms 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 in Europe, and in this article, we list 10 of the best when it comes to offering investors the highest yield while keeping their investments safe.

Here's a quick comparison of the currently best P2P lending platforms.

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.

You should know that..

  • This list has been updated on the 24/11/2020
  • We are investing on all of the listed P2P lending platforms
  • The order represents our own opinion
  • The list also includes P2B platforms and marketplaces
  • There's no guarantee of any specific returns
  • P2P lending always comes with risks
👉 Skip to the list

Primary Criteria

So, how have we chosen the best P2P lending 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 isour recommended P2P investment strategy for 2020.

Secondary Criteria

Secondly, we have also evaluated each P2P 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
EstateGuru11.76%MortgageReal Estate
PeerBerry10.08%Buyback GuaranteeShort-Term
Debitum8.47%Buyback GuaranteeBusiness
Iuvo Group9.2%Buyback GuaranteeConsumer
EvoEstate16.32%MortgageReal Estate
NEO Finance18%UnsecuredConsumer
Reinvest2414.6%MortgageReal Estate
VIAINVEST12%Buyback GuaranteeShort-Term
Bondora6.75%UnsecuredConsumer
TWINO11%Buyback GuaranteeShort-Term

1. 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:11.76%
Protection:Mortgage
Loan Type:Real Estate
Availability of Loans:Good (3/5)
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 56,000 investors. EstateGuru is one of the safest P2P lending platforms. The platform has also clearly gained its investors’ trust, for EstateGuru also has one of the highest average portfolio sizes.

    Have a look at our €3000 EstateGuru portfolio and find out how EstateGuru works in our in-depth EstateGuru review.

    Ready to invest on EstateGuru?

    Read our comprehensive EstateGuru review

    2. 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:10.08%
    Protection:Buyback Guarantee
    Loan Type:Short-term
    Availability of Loans:Good (3/5)
    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.

    Watch our PeerBerry experiences after €10.000 and two years of investing on PeerBerry.

    Ready to invest on PeerBerry?

    Read our comprehensive PeerBerry review

    3. Iuvo Group

    p2p iuvo group

    Iuvo Group Highlights

    • Invest in consumer loans
    • Earn up to 15% per year
    • High availability of loans
    • 30% Skin in the Game
    Iuvo Group Overview
    Average Interest:9.2%
    Protection:Unsecured
    Loan Type:Consumer
    Availability of Loans:Good (3/5)
    Secondary Market:Yes
    Auto Invest:Yes
    Customer Support:Very Good (4/5)
    Trust Factor:Very Good (4/5)

    Pros

  • Loans secured by buyback and collateral
  • Profitable loan originators
  • 30% Skin in the Game
  • Cons

  • 1% fee for trades on the secondary market
  • Higher risk in certain countries
  • Lower yields compared to the competition
  • Iuvo Group is a Bulgarian P2P lending marketplace owned by the Easy Asset Management Group that is the company behind several loan originators that list their loans on Iuvo’s marketplace. You can earn on average 9.2% per year by investing in consumer loans from Bulgaria, Romania, and Russia.

    The investment term on Iuvo Group is between 3 and 12 months. The secondary market allows you to sell your investments in case you need to withdraw your money before the end of the loan period. There’s 1% fee for sell-offs on the secondary market.

    The real benefit that you are getting by investing on Iuvo Group is that you’re funding loans from profitable lending companies that have 30% Skin in the Game. This adds additional security to your P2P portfolio.

    Ready to earn money?

    Read our comprehensive Iuvo Group review

    4. 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:8.47%
    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.

    Debitum Network is also the only P2P lending platform which publishes financial evaluation of their lenders. You can learn about the lender's profits, debt / equity ratio, skin in the game and other metrcis that you can use to set up your auto invest.

    Currently, Debitum Network collaborates with 9 loan originators from six countries. If you sign up on Debitum Network you'll receive 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

    5. 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

    6. NEO Finance

    p2p platform neo finance

    NEO Finance Highlights

    • Safest P2P platform in Europe
    • Full control of your investments
    • Optional provision fund
    • High interest up to 27% p.a.
    NEO Finance Overview
    Average Interest:18%
    Protection:Provision Fund
    Loan Type:Consumer
    Availability of Loans:OK (2/5)
    Secondary Market:Yes
    Auto Invest:Yes
    Customer Support:Very Good (4/5)
    Trust Factor:Very Good (4/5)

    Pros

  • High due diligence standards
  • Transparent platform
  • Regulated P2P lending site
  • Cons

  • Fees for the provision fund
  • Unsecured P2P loans
  • 1% secondary market fee
  • NEO Finance is one of the most secure P2P lending platforms in Europe. The P2P lending site is operating from Lithuania. NEO Finance is following strict AML regulations and credit rating requirements.

    The P2P lending site paid out more than €6.5 M to its 25,000 investors since 2015. The amount of interest you can earn depends on how risky you want to invest. The average return on NEO Finance is 18% per year. You shouldn’t expect more than 11% if you decide to use the buyback option or the provision fund.

    Ready to invest on NEO Finance?

    Read our in-depth NEO Finance review

    7. 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:Yes
    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

  • Slow funding speed
  • Limited diversification
  • 1% 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.

    Wondering how Reinvest24 works? Find out in our P2P talk with the CEO Tanel Orro.

    Ready to invest on Reinvest24?

    Read our in-depth Reinvest24 review

    8. 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 then, which is a good sign that VIAINVEST is able to protect your investments.

    Ready to invest on VIAINVEST?

    Read our updated VIAINVEST review

    9. Bondora G&G

    bondora go and grow

    Bondora G&G Highlights

    • Broad diversification options
    • Fully automated investments
    • Passive daily income
    • Most popular investment amongst passive investors
    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:Very Good (4/5)
    Trust Factor:OK (2/5)

    Pros

  • Transparent communication
  • High liquidity for G&G during normal market conditions
  • Daily passive income
  • Cons

  • No control over your investments
  • Lower interest as the competition
  • Low quality loans
  • Bondora Go and Grow is a great investment product if you want to be a passive investor. With Bondora you can simply deposit money and forget about it. Bondora is not a marketplace but a loan originator. With Bondora Go and Grow, you will diversify your investments across thousands of loans; there’s no other platform offering such broad diversification to date.

    Bondora promises to get you a 6.75% p.a. which is being added to your account daily. What’s exceptional is the fact that Bondora managed to deliver this return even during the recent crisis. We have currently an active investment of more than €1,000 on Bondora.

    Watch our review of Bondora's Go & Grow.

    Ready earn passive income?

    Read our comprehensive Bondora review

    10. TWINO

    twino

    TWINO Highlights

    • Invest in short-term loans
    • Additional payment guarantee
    • Investments in EUR and GBP
    • iOS and Android App
    TWINO Overview
    Average Interest:11%
    Protection:Buyback Guarantee
    Loan Type:Short-Term
    Availability of Loans:Good (3/5)
    Secondary Market:Yes
    Auto Invest:Yes
    Customer Support:Good (3/5)
    Trust Factor:OK (2/5)

    Pros

  • Secured by a buyback guarantee
  • User-friendly auto invest
  • Additional payment guarantee
  • Cons

  • Bank previously flagged for AML violations
  • Limited diversification
  • No instant withdrawals
  • TWINO is a Latvian P2P lending site that lends short-term loans to consumers since 2009. The lending company launched the P2P lending site TWINO in 2015 to create an additional source of funding. Since then, TWINO paid out more than €10.8 M in interest to its investors.

    TWINO is one of the less transparent P2P platforms. The platform keeps postponing the release of its financial results and recently TWINO has also opened a bank account at the BIB which was, similarly to the SWEDBANK, previously fined for AML violations.

    Keen to try out TWINO?

    Read our latest TWINO review
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