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Available worldwide except U.S.

Esketit Review

Last update | 12. May 2023

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Available worldwide except U.S.
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Secured bybuyback
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Earn on average (Per Year) 12%


Chosen 7118 times

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Tested Platform
  • Earn up to 12% APY

  • Established lending companies

  • Reliable buyback guarantee

  • Limited diversification

Risk & Returnnumber of stars
Usabilitynumber of stars
Liquiditynumber of stars
Supportnumber of stars
checked iconBuyback Guarantee
checked iconAuto Invest
checked iconSecondary Market
checked iconCashback
closed iconRegulated
Min. Investment 10
Loan Originators5
Loan Period in Months1 - 12
Loan TypeShort-Term
Interest10% - 12%



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Year founded:


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Investors' earnings:

€ 3M

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Total invested:

€ 218M

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Loss of investors' money:

€ 0

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Number of investors:


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Average portfolio size:

€ 59.471

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Funds in recovery:

€ 0

    Table of contents

Table of contents

Esketit Review Summary

Our experience with Esketit has been excellent so far. The platform is owned and run by the experienced founders of Creamfinance. Esketit offers up to 12% interest and a reliable buyback guarantee backs your loans.

Main Takeaways From Our Esketit Review:

  • 60-day buyback obligation
  • Higher interest rates
  • Operating from Latvia
  • Limited diversification
  • Deposits in EUR or stablecoins

If you believe Esketit is a good fit for you, sign up with our link to get a 0.5% cashback bonus.

Ready to let your money work for you?

What is Esketit?

Esketit is a newly launched P2P lending platform owned by the multinational lending company CreamFinance. Currently, you can invest in loans from Jordan, the Czech Republic, Poland, or Spain with an average annual return of 12%. Is Esketit worth your investment? Find out in our in-depth Esketit review.

esketit review


  • Reliable buyback and group guarantee
  • High interest rates
  • Modern P2P lending platform
  • Instant Exit Option
  • No fees
  • Supported deposits in EUR or stablecoins


  • Limited diversification
  • Not regulated

Learn how Esketit works in our video review.

Esketit Promo Code

Esketit offers an optional Esketit promo code, which you can type in during your registration. This is, however, not required to get a cashback bonus. We have negotiated a 0.5% bonus for our readers on P2P Empire.

Signing up with our link will give you a 0.5% cashback bonus from your invested amount during the first 90 days after your registration.

esketit bonus

Loyalty Bonus

If you are keen to invest a higher amount, you can benefit from Esketit's loyalty program, where you can increase your return by +1%.

If you invest more than €25,000, you will get +0.5% interest in addition to your annual return. If you invest more than €50,000, you will get +1% on top of the standard rate.

Remember that the loyalty bonus is only applied to your investment in Jordan loans.

Ready to get your Esketit bonus?

Esketit User Requirements

To be able to invest on Esketit, you need to fulfill specific requirements:

  • Be over 18 years old
  • Pass the KYC
  • Verify your identity
  • Verify your bank account (IBAN)

If you don’t have a euro bank account with a dedicated IBAN, you can open a free N26 account, as explained in our N26 review, or a Wise account with a dedicated Wise Card.

Esketit accepts only EUR payments if you top your account in FIAT deposits. Some banks might automatically swap into CHF when sending money to Switzerland; make sure that you select that you want to send EUR. On Revolut, this can be done when adding the recipient. 

Stablecoins Deposits For Non-EU Investors

Esketit supports account top-ups with EUR or the stablecoins USDT and USDC via the Ethereum and Tron network, meaning you can earn interest on USDC deposits.

Every investor gets an ERC20 address to which you can deposit your crypto. Esketit will exchange deposits in stablecoins into fiat before investing.

The benefit of this feature is that you can top-up your account within 30 minutes, even during weekends. That's much faster than sending EUR to Esketit's investor account.

The crypto wallet feature on Esketit is helpful when you don't hold a EUR bank account but transfer other currencies to your platform's account.

Investors don't pay any FX fee when depositing stablecoins on Esketit. However, the crypto exchange from where you send your crypto might charge some withdrawal fees. 

Or learn more about Esketit's crypto features in our Esketit crypto guide.

Risk and Return

Investing in loans is risky, and you might lose your money. Esketit offers a 60-day buyback obligation for all its loans.

Loans from lending companies in the Czech Republic, Poland, and Spain come with an additional group guarantee.

esketit loan originators

The availability of loans is subject to market conditions. Most of the listed loans on Esketit are issued in Jordan.

Buyback Obligation & Group Guarantee

The buyback obligation represents the promise of the lending company to repurchase your loan after the borrower has delayed repayment for more than 60 days.

The group guarantee represents the financial group's promise to fulfill the lending company's obligation in cases where the lender cannot cover the buyback obligation.

Remember that the group guarantee does not affect all loans on Esketit and that Creamfinance only offers a group guarantee for its lenders. The lending company in Jordan is not part of the Creamfinance group, but the same owners own them.

The buyback obligation and the group guarantee are directly related to the financial situation of the lenders or the finance group.

Let’s look at some of the reports from Creamfinance Holding Ltd.

Report Net Profit/Loss
2022 € 8.296.358
2021 € 3.403.510
2020 € - 829.213
2019 € 660.619
2018 € 1.567.010
2017 € - 385.150

It’s worth noting that BDO audits all the reports in Cyprus, where Creamfinance Holding is legally based.

Creamfinance’s Portfolio

Creamfinance also funds its loan book from another crowdfunding platform in Japan. The company lists loans from its lenders from Latvia, Poland, and Spain.

During our talk at Creamfinance's headquarters in Riga, we learned that Spain is undoubtedly a challenging market for Creamfinance. However, the lender sees good potential in Spain, so it will put more effort into improving its portfolio quality in this market. 

creamfinance portfolio

What's important to highlight is how CreamFinance handles its portfolio quality. The company sells bad portfolios to collection agencies in most European countries at a 50% discount.

The default rate of the lender's portfolio in established markets is typically below 10%. If we assume that 10% of the loans default, and the company sells the bad loans with a 50% discount, the net loss is around 5% from the loan book covered by the lender’s profits.

Selling bad-performing loans is a standard process in the lending industry. It helps to keep the portfolio healthy.

Investing in Jordan

Jordan is an attractive market with interesting returns for P2P investors. Esketit currently offers 14% interest on investments in loans from Jordan. Let's have a closer look at this market.


On Esketit, you can invest in unsecured consumer loans from the lender Money for Finance, which the founders of Creamfinance and Esketit own.

The lending company is issuing loans to new borrowers of up to €130, and repeated borrowers can get up to €240 for 30 days. It's worth pointing out that more than half of the borrowers extend the loan repayment period.

Money For Finance has been operating on the market for one and a half years and has built a portfolio of €10 M.

The default rates in Jordan are lower than in some European markets, where Creamfinance has been operating for years. This is due to the strict payment morals in the country.

Jordan is, without a doubt, an emerging market that always comes with certain risks. The company follows the Ministry of Industry and Trade rules and doesn't need a lending license to issue loans in the country. Most of the loans are issued in cash to borrowers with regular income. The effective APR charged to borrowers is around 200%.

Regarding the country's risk, there is no currency fluctuation as the Jordanian dinar is pegged to the US dollar. There is no elevated political risk, and the lender expects some regulation within 2 to 3 years.

Ready to learn more about the lending operation in Jordan?

While investing in Jordan isn't risk-free, it can be attractive for many P2P investors to increase their return from P2P lending.

Direct investment in Money for Finance

Esketit started offering the possibility to invest directly into the development of the lending company Money for Finance in Jordan via a business loan channeled through MD Investments SIA in Latvia, which owns the lending originator in Jordan. You can find this investment on Esketit's primary market.

Additional Information: Audited Financial of Money for Finance in Jordan

The lending company Money for Finance has generated a loss in 2021, covered by increased capital share from the board of directors. The loan portfolio of the loan originator is profitable monthly. The company is experiencing a default rate of only 5%.

esketit jordan-audit

Is Esketit Safe?

Investing on newly launched platforms with no track record is always riskier than joining more established platforms. Esketit’s business model is similar to Robocash, PeerBerry, or Afranga.

The platform funds loans within the financial group to which it belongs. Let’s have a closer look at the people behind Esketit and Creamfinance.

Get insights about the Esketit operation here:

Who Leads the Team?

Vitālijs Zalovs is the CEO of Esketit and, therefore in charge of the platform's operations. He has previous experience working at Mintos.

Get to know him better in our latest interview where we discuss the latest developments and future plans for 2023:

Who Owns the Platform?

Esketit is owned by the co-founders of the Creamfinance Group, Davis Barons, and Matiss Ansviesulis. Both gentlemen have an impressive track record of growing their companies.

Are There Any Suspicious Terms and Conditions?

When using a P2P lending platform, you should always review the terms and conditions to ensure you know your rights and obligations.

Storage of Funds

Using Esketit, you must send your funds to Esketit’s bank account. The platform doesn’t provide you with individual IBAN accounts. According to the T&C’s, your funds on Esketit are stored separately from the platform's funds.

esketit funds

Esketit reserves the right to amend the terms and conditions at any time. The platform will inform you about any changes via email; however, it does not state the time frame you have to accept or decline those amendments.

Access to Loan and Assignment Agreements

The assignment agreement is not available for unregistered users; however, if you sign up, you can review a sample agreement by navigating to it on the primary market.

esketit review

Potential Red Flags

  • Esketit may amend the terms and conditions before notifying you in advance.

What’s Our Opinion Of Esketit?

We have an active portfolio on Esketit since April 2022. You can review our current exposure on Esketit on our P2P portfolio page.

While the loan availability is limited on Esketit, Auto Invest Strategies always manages to deploy our uninvested funds within 24 hours.

So if you don't see any open investments on Esketit's home page, it doesn't mean there is cash drag. As of June 2023, most uninvested funds are invested within a few hours. 

We do not like that the site makes it appear like it's being operated from Ireland, while by using the platform, you agree to the terms and conditions of the Latvian Esketit company.

The bank account to which you deposit your money is based in Switzerland, as Esketit's bank account in Latvia has been recently closed.

While Creamfinance is a well-established player in the global lending market, remember the numerous risks of investing in unsecured loans.

Regulatory changes might lead to losses for the company, which may negatively impact the performance of your portfolio.

If you join Esketit, you should understand the lender’s loan performance in dedicated markets.

During our visit to Esketit, we chatted with the CEO, the two founders, and the team in charge of the operations in Jordan.

We gathered in-depth information about the lending business in Jordan, which convinced us to expose our portfolio on Esketit.

We are currently investing in all loans on Esketit that come with the instant exit option. Note that you must use pre-defined investment strategies to benefit from the increased liquidity.

Our experience with Esketit has been exceptional so far. As of June 2023 Esketit is one of the best-performing P2P lending platforms in Europe.

esketit review 2023

Our return exceeds 13% per year by investing in well-performing loans from Jordan. Keen to join as well?


In terms of usability, Esketit provides an Auto Invest feature, saving you some time when investing on this platform.

Auto Invest

esketit auto invest

The Auto Invest feature allows you to define essential loan characteristics such as the loan amount, interest rate, remaining loan term, countries, loan types, or loan originators.

Remember that only Esketit's automated strategies offer "instant cash-out" during normal market conditions. If you decide to invest in loans through a custom Auto Invest strategy, you must use the secondary market to sell your investment.

Are you wondering how Esketit compares to PeerBerry? Check out our comparison Esketit vs PeerBerry.

If you have invested on other P2P lending sites, investing on Esketit will be very straightforward. The platform also allows you to invest in the primary or secondary market. We prefer, however, to use Esketit's automated investment strategies.

Keep in mind that the diversification, as well as the loan availability, is limited on Esketit.

🧾Does Esketit deduct taxes?

Esketit doesn't tax your earnings. Downloading income statements for tax purposes is possible in your dashboard, which you may submit to your tax authorities when you file your taxes in the nation where you are a tax resident. For more info visit our article about how to tax income from P2P loans.


Esketit does provide a secondary market that increases the liquidity of your investments. We have not tested it, so we cannot comment on the time it takes to sell your investments.

The secondary market allows discounts that should help you sell your investments faster.

As we conduct our Esketit review, there are plenty of loans available on the secondary market. If you feel like taking the risk and investing in loans from Jordan backed by a buyback guarantee, Esketit’s secondary market is the place to go.

If you are using Automated Strategies, there is no need for a secondary market.

Esketit Automated Strategies & Instant Exit

Esketit offers three automated pre-defined investment strategies that help you diversify your portfolio with just one click.

  • The Diversified strategy allows you to distribute your investments to all available loan originators (33% in Jordan loans, 67% in Creamfinance loans).
  • The Jordan strategy allocates your investments only into all loans from Jordan, including long-term business loans.
  • The CreamFinance strategy diversifies your investments across lenders that belong to the CreamFinance Group and offer the group guarantee.

The distribution of investments in Creamfinance loans under the Diversified strategy is based on market availability. This means that your investments in loans from Spain, Poland, and the Czech Republic won't be distributed equally.

All three strategies offer an instant exit option. You can create a strategy, click on “edit,” and use the “cash-out” option to withdraw your funds, should you need it.

esketit strategies

Remember that the “cash-out” option is meant to work mainly during normal market conditions. Other investors will have the same strategy activated for the feature to work. So, other investors will take over your loan investments when starting the “cash-out” option.


Our experience with the support of Esketit has been positive. The platform provides us with answers to our questions within one business day. You can reach out to Esketit by sending an email to

Esketit also manages its Telegram group, where the CEO answers investors' questions.

Esketit Alternatives

Esketit is one of the best P2P lending platforms in 2023, so the number of suitable alternatives is rather low. If you prioritize diversification and wish to expose your portfolio to various loan types in different regions, these alternatives might be a good fit for you. 

Income Marketplace

Income Marketplace is a P2P lending marketplace from Estonia. The platform enables you to invest in multiple lending companies in Europe, Asia and America. All the loans are backed by a buyback guarantee and many lenders pledge their loan books to increase the safety of your investments. The platform offers loans with a yield of up to 15% per year. To learn more about this investment platform, read our Income Marketplace review.


LANDE is a Latvian platform that offers investments in agricultural loans backed by grain, insurance or other type of collateral. The platform is headquartered in Riga, just a few minutes from Esketit's headquarters. Like Esketit, the platform has an excellent track record in protecting investors' interests. If you are looking to invest in secured loans, LANDE is one of the best options in 2023. Read our LANDE review to learn more about the platform.


Fintown is a newly launched platform from the Czech Republic. This crowdfunding site offers investments in rental properties in the city center of Prague. You can earn between 10% and 12% interest per year which is paid out from the revenue generated by the short-term rental apartments. Fintown was co-founded by the Managing Director of Creamfinance CZ, which also funds loans on Esketit. The platform offers exciting terms and pays out interest every month. Learn more about Fintown in our Fintown review.


Jakub Krejci


Fact Checked

Editorial Note: We earn a commission from partner links on P2P Empire. Commissions do not affect our editors' opinions or evaluations of products.


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Is Esketit legit?

Esketit is a legitimate P2P lending marketplace that lists loans from established loan originators in various countries. We have visited the headquarters of Esketit and talked to the management on multiple occasions to ensure the legitimacy of the platform.

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Do I receive interest for delayed loans?

Investors on Esketit will receive accrued interest for delayed loans until the loan is repaid or until the buyback guarantee is activated. Even if your loans are delayed, you still earn interest on your investment.

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Why is the site operated from Ireland, while the T&C applies for the Latvian company?

The T&C’s apply for the Irish company. The Latvian company is in the first line and most probably, that’s what creates the confusion. The Latvian company does some back-office work for the Irish company. The company that serves the platform is registered in Ireland.

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What does the regulatory environment look like in Jordan?

There are several possibilities to pursue business in the market - you can do it as a commercial lender regulated by the Companies Control Department, as a microfinance company licensed under the Central Bank of Jordan, or as a sharia-compliant lender conforms to the provisions of Islamic law.


  • Company:
  • Legal Address:
  • 77 Lower Camden Street Dublin 2 D02 XE80, Ireland
  • Office Address:
  • 8 Strelnieku, Riga, LV-1010, Latvia
  • Email: