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Available for EU residents

Reinvest24 Review

Updated | 10. July 2024

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Available for EU residents
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Secured bya mortgage
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Legal action with the shareholder KIRSAN is ongoing. Investors' money is at risk.

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Tested Platform
  • Blocked withdrawals

  • Dispute between shareholders

  • Suspicion of fraud

  • Lack of transparency

Risk & Returnnumber of stars
Usabilitynumber of stars
Liquiditynumber of stars
Supportnumber of stars
closed iconBuyback Guarantee
closed iconAuto Invest
closed iconSecondary Market
closed iconCashback
closed iconRegulated
Min. Investment
Loan Originators
Loan Period in Months1 - 36
Loan TypeReal Estate



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Year founded:


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Investors' earnings:

€ 4M

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Outstanding portfolio:

€ 26M

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Loss of investors' money:

Not available

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Number of investors:


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Average portfolio size:

€ 2.500

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Funds in recovery:

€ 26M

    Table of contents

Table of contents

Reinvest24 Review Summary

Our community has selected Reinvest24 as one of the worst platforms in the industry. Due to various disputes, the portfolios from Moldova and Spain are not performing, resulting in over €26 M in funds in recovery. 

As of July 2024, the platform is no longer raising funds on the platform as the regulator forbids this type of activity.

With unfinished development projects, disputes with the company's shareholders, unclear ownership of SPVs in Spain, and non-transparent communication about recovering the remaining funds, it's unclear whether the investors will ever see their money back.

Follow our newsfeed to get notified about any upcoming announcements from Reinvest24.

Main takeaways from our Reinvest24 review:

  • Lack of communication
  • Questionable funding practices
  • Not regulated
  • Non-performing loans in Moldova and Spain

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  • N/A


  • The platform blocked withdrawals
  • The platform continued raising funds for several months despite being not regulated
  • Not regulated
  • Dispute between shareholders
  • Suspicion of fraud in Spain
  • The platform doesn't share much information about it's delayed or defaulted projects

Our Opinion Of Reinvest24

As of July 2024, we believe Reinvest24 is not a suitable investment option for risk-cautious investors, mainly due to the legal actions between Reinvest24 and its shareholder KIRSAN, which was raising funds to finance its development projects in Moldova. 

KIRSAN has an 18% stake in Reinvest24 Holding, which operates the investment platform. At the beginning of 2023, Reinvest24 stopped funding loans in Moldova due to KIRSAN's loan non-performance.

KIRSAN owes investors close to €6 M. According to the investigative article from ZDG in Moldova, KIRSAN has also embezzled funds from apartment buyers. The prepurchased apartments were not completed. Several companies under the umbrella of KIRSAN are reported to be in the insolvency process. 

KIRSAN has, therefore, embezzled funds from apartment buyers and investors on Reinvest24.

Additionally, based on research from concerned investors, it is suggested that Reinvest24 raised funds in Spain for projects that weren't realized.

This would indicate fraudulent behavior. The platform didn't share anything about the performance of its Spanish portfolio, resulting in further speculation in the community. 

Learn more about questionable companies in our article about the worst P2P lending platforms.

Who runs the company?

Reinvest24 is led by CEO Tanel Orro, who has been with the company since its inception. Before working with Reinvest24, Tanel worked at LHV bank as a sales manager. The CTO of Reinvest24 is Kirill Tripolski, who was involved with dubious business practices in the past.

Who is Reinvest24’s Legal Owner?

The Reinvest24 platform is owned by Reinvest24 Holding, which is owned by JoinEstate OÜ (72%) and Kirsan (18%).


Potential Red Flags

  • Some selected properties don't have an appraisal report, so investors cannot evaluate whether Reinvest24 is raising the needed amount.
  • The dispute between Reinvest24 and KIRSAN (Reinvest24's borrower and shareholder) can lead to financial losses for investors.
  • It's unknown how many of the Spanish loans are not performing.
  • Concerned investors believe that Reinvest24 has embezzled funds in Spain.
  • Reinvest24 is raising funds to cover legal fees against the company's shareholders.

Learn more about possible red flags in our guide about how to avoid investing in P2P lending scams.

Reinvest24 Alternatives

Reinvest24 is one of the worst-performing platforms, mainly due to issues with KIRSAN, a borrower and shareholder. Resolving the situation might take years, so you should consider investing on better-performing platforms instead. 


Crowdpear is a Lithuanian-based regulated crowdlending platform raising funds to fund real estate projects in and around Vilnius. The team runs the platform behind Peerberry, one of Europe's best-performing P2P lending platforms.

By investing on Crowdpear you can expect to earn between 10% and 11% interest per year. A mortgage secures all the loans, and the interest is paid out typically every quarter. 

To learn more about Crowdpear, read our Crowdpear review.


InRento is one of Lithuania's best-performing platforms for investing in rental properties. The company is regulated, and as of today, there are no delayed or defaulted projects, meaning investors receive the advertised return. By investing in lucrative rental projects, you can expect to earn at least 8% per year.

Find out more about InRento in our InRento review.



Jakub Krejci




Jakub Krejci, the founder of P2P Empire, brings six years of expertise in navigating and investing across diverse P2P lending platforms. Drawing insights from over 50 interviews with industry CEOs and founders, Jakub offers a unique perspective in the peer-to-peer lending realm. Renowned for his high-quality reporting and regular updates, Jakub stands as a trusted authority for individuals navigating the dynamic P2P investment landscape.

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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What is Reinvest24?

Reinvest24 is an Estonian crowdlending platform that used to offer investments in mortgage-backed loans from six countries. Investors on Reinvest24 could invest in development loans or rental properties.

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Is Reinvest24 legit?

Reinvest24 has been operating since 2018. The company's headquarters is in Tallinn, Estonia. The platform funded €40 M worth of loans. Unfortunately, due to the platform's incompetency, €26 M of investors' funds are now at risk. Reinvest24 didn't receive the required license from the regulator which indicates that the platform is not legitimate.


  • Company:
  • Reinvest24 OÜ
  • Legal Address:
  • Roosikrantsi 11, Tallinn, Estonia
  • Office Address:
  • Vesivärava 50, Tallinn, Estonia
  • Email: