Twino Review


Earn on average 11% interest per year.
Your investment is secured by a 60-day buyback guarantee.




  • Consumer and Business loans
  • Additional Payment Guarantee
  • Investments in EUR and GBP
  • iOS and Android App


Risk & Return4 stars
Usability5 stars
Liquidity3.5 stars
Support4.5 stars


Buyback GuaranteeYes
Auto InvestYes
Secondary MarketYes


Min. Investment€ 10
Loan Originators1
Loan Period1 - 60 months
Interest8% -14%


  • Secured by a Buyback Guarantee
  • User-friendly Auto Invest
  • Additional Payment Guarantee
  • Cash Drag
  • Limited diversification
  • No instant withdrawals

Twino Review

Founded in 2009, Twino is one of the oldest Peer to Peer (P2P) lending platforms in Europe. Twino lists self-originated consumer and business loans that are backed by the buyback and payment guarantee and gain an average of 11% in interest annually. This platform is, however, subject to occasional cash drag, which is something that investors should keep in mind.

Find out more about this P2P lending platform in our Twino review below:

twino review

Twino in Numbers

If you have read our previous reviews, you must have noticed that we love numbers, and so should you if you want to increase your income. Have a look at the following Twino statistic to get a better idea about the platform’s past performance.

Twino Statistics
Founded in:2009
Investor's earnings:+ €9.5 M
Total loan value:+ €600 M
Amount of investors:+18,300
Loss of investors' money:-
Average portfolio size:-
Latest financial reportReport for 2018

Twino Promo Code

Some P2P lending platforms offer special promo codes or cashback bonuses for new investors, however, Twino isn’t one of the platforms that offer a sign-up bonus continuously. In most cases, Twino offers a bonus for investors that invest in loans from a particular country.

We will update our Twino review if the Twino bonus offer changes in the future. Generally, you don't need any Twino Promo Code to redeem your bonus.

twino cashback bonus

Twino’s New User Requirements

To invest on Twino you have to be over 18 years old and a resident from the European Economic Area. You can also sign up and invest with your business if that’s something that interests you.

Twino’s sign-up process is very simple. You only need to answer a few finance-related questions and upload a valid identification document. Other platforms, for example Crowdestate, have advanced verification procedures, but this is not the case with Twino.

Risk and Return

When investing in P2P lending, you want to be aware of the risks involved, and let us be the first to tell you that earning more than 10% in interest each year isn’t risk-free.

First of all, let’s have a look at the loan types that Twino funds. The P2P lending platform offers financing for small and medium enterprises (SMEs) in the form of business loans or invoice financing. Twino’s main focus is, however, unsecured personal loans.

Financing for SMEs is mostly secured by the personal guarantee of the borrower. This means that there’s no collateral like that found on business loan platforms Monethera or Crowdestor.

If a private borrower decides not to pay back the loan, Twino will take care of the debt collection. To protect your investment, Twino introduced two protection schemes:

Twino’s Buyback Guarantee

If you have invested in loans on different platforms before, you might be familiar with the buyback guarantee.

Investments that are marked with the buyback guarantee badge (which looks like a shield with a ‘T’ on it) are secured by Twino. This means that, in the case of your loan being delayed for more than 60 days, the platform will repurchase your investment and pay you the outstanding loan amount as well as the accrued interest.

twino buyback guarantee

It’s important to highlight that Twino will refund the accrued interest as well. Some P2P platforms such as PeerBerry or Robocash do the same while on Mintos it depends on the loan originator.

Twino Payment Guarantee

Investments marked with the payment guarantee badge (PG) are fully secured by Twino. This means that if the borrower fails to repay the loan, Twino will pay back the interest as well as the monthly principal amount as per the original loan repayment schedule. This also means that you don’t have to wait 60 days.

Is Twino Safe?

If you invest in loans protected by the buyback guarantee or payment guarantee, your investment is safe as long as Twino can cover potential defaults. Do note, however, that not all of the loans on Twino offer a buyback or payment guarantee. Loans with ratings A, B or C don’t fall under the mentioned protection schemes.

How User-Friendly is Twino?

In terms of usability, Twino is one of the leading P2P lending platforms in Europe. You can count on features such as the portfolio builder, secondary market, cashflow forecast and income statement reports.

When compared with other European P2P platforms, Twino has one of the most aesthetic dashboards. It also shows you your interest income, information about your investments and the portfolio state that displays data about your investment protected by the earlier mentioned protection schemes.

Twino Auto Invest

One of the most useful tools any P2P lending platform can have is an Auto Invest feature.

P2P lending doesn’t need to be a time-consuming task. You can automate most of your investments with Twino’s Auto Invest feature. Simply define your investment strategy and the system will invest your funds in loans that match your preferences.

Most of the P2P lending platforms that offer investment opportunities in personal loans have a similar feature.

twino auto invest

Twino’s App

Twino is also one of the few platforms that offers a fully-functional native mobile app for Android and iOS.

The app gives you exactly the same functionalities you’ll get while using the browser web app. Additionally, you can set up notifications and track your portfolio from anywhere.

Liquidity Rates on Twino

When investing in P2P loans you should keep in mind that some platforms, particularly, those in the real estate or business loan niche, might lock your capital for an extended period of time.

With Twino, you have the option to sell your investments on the secondary market without any additional fees. In most cases, investors are able to sell their claims against the borrower without any discounts.

Selling loans for a discounted price
If you sell your investments on the secondary market, you might want to offer a discount as an incentive for the buyer. Note that you can only sell your investment on the secondary market if there’s a buyer interested in buying it.

twino secondary market

Withdrawing your money from Twino shouldn’t take longer than a few days, however, the exact time depends on the size of your portfolio.

If you are looking for instant withdrawal options, have a look at features such as Mintos’ Invest & Access or Bondora’s Go and Grow. Do note, however, that neither features will allow you to control your investment preferences.

Twino’s Customer Support

Twino’s support is very responsive; you can expect to receive an answer within 24 hours of contacting them. Twino’s interface is currently available in three different languages - English, German and Latvian - and if you struggle with English, don’t worry, Twino has international customer support. The easiest way to get in touch with the team is to send an email to

Twino vs. Mintos

Twino is often compared with Mintos, one of the largest P2P platforms in Europe, however, it’s important to understand thatboth platforms follow very different business models.

See the below table to compare the main differences between Swaper and Mintos:

Twino is the loan originator of all of their loans. Meanwhile, Mintos lists loans from over 60 loan originators from across the globe.

From an operational perspective, Twino has much more information and a better line of communication with its borrowers than Mintos. This certainly lowers the risk for Twino’s investors. With a large amount of loan originators on Mintos, it’s significantly harder to keep track of everything while protecting investors’ money.

On the other hand, having a large list of loan originators means higher liquidity and more diversification options for investors.

Number of investors:+ 18,300+ 220,400
Minimum investment amount:€10€10
Protection scheme:Buyback and Payment Guarantee (60 days + interest)Buyback Guarantee (60 days + interest for some of the loans)
Average interest:11%11.83%
Useful tools:Auto Invest, Mobile AppInvest and Access, Mintos Investment Strategies, Auto Invest
Countries you can invest in:532
Number of loan originators162

We could continue to compare the platforms’ features, however, we think it’s more important to look at the availability of loans that you want to invest in.

Both platforms have struggled with cash drag and we’ve had this confirmed by our own experiences.

If cash drag is only a temporary issue, you probably don’t need to pay attention to it too much. It’s good practice, however, to log in to your accounts at least once a month to evaluate your portfolio performance and take care of uninvested funds.

Twino Review Summary

Twino have gone above and beyond to make their platform as user-friendly as possible, and there aren’t many platforms that we can say the same about. The buyback and payment guarantee features on Twino are just a couple of reasons that investors like this platform.

Disappointing Returns and Availability of Loans

When looking at the returns and the availability of loans, there are certainly better alternatives. Lately, Twino has struggled to offer loans with interest that would match the advertised average interest rate. In fact, most of the loans offered only 8% annual interest, which is considerably less than the 12% you could make with similar investments on PeerBerry.

Transparent and Trustworthy

Twino is a very transparent and trustworthy P2P lending platform with a proven track record. Whether it’s the right fit for you depends on your investment strategy.

If you’re not chasing high returns, don’t mind a temporary cash drag and prefer an intuitive investment platform with a solid protection scheme, Twino might be just the right choice for you.

Feeling positive about Twino?


What’s the minimum investment amount on Twino?

The minimum investment amount on Twino is €10 per loan. This low investment amount allows you to diversify your portfolio much faster than other P2P lending platforms with higher minimums.

Does Twino offer an Auto Invest feature?

Yes, Twino has an Auto Invest feature. It’s called ‘Portfolio Builder’. You can simply define your investment preferences and the feature will automate everything for you.

Is there a secondary market on Twino?

Yes, you can use the secondary market on Twino to sell your investments in case you want to withdraw your money before the end of your investment period.

How is my investment protected?

The protection of your investment on Twino depends on the loan type as well as the individual protection scheme. Learn more about it in the risk and return section of our Twino review.

Company Information
Address:Mukusalas Street 41, Riga, LV-1004, Latvia
Phone:+44 2037 698 776
Live Chat:yes - Skype:
Opening Hours:Weekdays from 9AM to 6PM
Social Media:Facebook, Twitter, Instagram