P2P Investments Watch List

Platforms on which We Made New Investments

Green means go

Crowdestor is another Estonian crowdfunding company in which started investing late 2019. The platform offers loans in a wide range of businesses including the gaming industry. There are also a few real estate opportunities. Compared to other players we find the business loans spectacular and extremely risky.

Unlike many other crowdfunding companies, however, Crowdestor sets a side 1-2% from each project into the Buyback Guarantee Fund. The idea is to cover investor’s losses in case of borrower is subject to default.

High yields in the area of 11 – 18%. You can find loan periods as short as 4 months, even if most loan periods are longer.

What we don’t like about this platform is the very complicated process to verify identity and make withdrawals.

Make sure you start this process BEFORE making investments.

Latvia based profitable P2P platform with loan originators in Latvia, Poland, Czech Republic, and Spain. Available loans are heavily focused on Latvia. Our first investments were made in January 2019 and reached our target of €10,000 in investments by the end of the year. A full review was published on November 6.

(Note: if you plan to invest, be sure to check out the special tax rules for investments in Czech Republic and Spain.)

A serious player in P2P short term consumer loans.

Platforms in Which We Aren’t Fully Confident

Yellow means caution

Latvia-based platform with good track record, solid finances, and almost 18,000 investors. Offers loans in Russia (about 40%), Latvia (about 30%), Poland, Georgia, and Kazakhstan. 90% of their loans are short-term loans.

Our first portfolio included only short-term loans from Russia, Latvia, and Poland. Most of our funds was left sitting idle on the account for long periods.

The low flow of new loans makes this platform less interesting. All investments were put on hold in August 2019 and fully withdrawn in November. Funds have since then been re-invested with PeerBerry and ViaInvest.

Founded in 2016, Iuvo-Group is still new and yet a lot to prove. Heavily oriented towards loans offered by Bulgarian EasyCredit.

We put our investments on hold in March 2019 and have since then withdrawn all funds.

[ Review ]

Irish market place for small or medium sized business loans. Robust credit checking process. Transparent. Volumes are, however, very low. The typical loan runs for 36 months, which is often too long for small investors.

After our first investments in 2018, we’ve put new investments on hold for almost a year. In January 2020, we plan to invest in 3-5 new projects.

[ Referral link – Get 0.5% ]

Latvia-based P2P investment platform, real estate loans as well as other loans. Very low volumes. Most of the time, we didn’t find any available short-term loans at all.

[ Referral link – new investors get 0.5% ]

Mintos offers an overwhelming diversity of loan originators. This is the platform’s strength – but also it weakness. Our impression has always been that Mintos prioritize quantity instead of quality. When the performance of our portfolios weakened this summer, we stopped investing and redirected our funds to stronger portfolios on other platforms.

When this proved to be a successful strategy, we simply cut down our investments on Mintos from the original 10,000 Euro to almost zilch.

Read our previous review here.

We haven’t lost faith in Mintos, we simply don’t play well together at the moment. We have better luck with our portfolios on other platforms.

P2P Platforms In Which We Don’t Invest

Red means stop

Market leading French company offering SME loans. Recent name change from Lendix and low returns (2.5% – 5%) are major reasons for our team members not to invest at this moment. No review.
Bondora is a P2P lending marketplace offering investments in consumers loans from Estonia, Finland and Spain. 10-year track record. Automated tools for investments that are different than many other sites. No buyback guarantees and high number of defaulted loans make this P2P market less ideal.

We have not invested in this platform.

Crowdestate is an Estonian real estate crowdfunding marketplace. It includes a few SME loans as well. Sign-up process became a wet blanket and killed all interest in this platform.
While initially impressed with the simplicity of the Fast Invest Platform, we stopped investing in December 2018 and left the platform first week in April 2019 and have since then withdrawn all funds.

Lack of company transparency, concealment of loan originators, and evading answers from support are major reasons for not investing with Fast Invest. Trust is everything when you invest in P2P platforms, even the smallest suspicion that everything isn’t right should make you stay away.

[ Read Why We Don’t Invest with Fast Invest ]

A new crowdfunding company from Estonia with the ambition to be a serious competitor on the market. High yields in the area of 17 – 19%.

Unfortunately, we demoted this platform very quickly in late November when they had bank problems and stopped investors from adding new funds. No real explanation was given. Platform stayed idle for several weeks. This is a serious transparency issue.

Hopefully, the platform will mature, but until then we will not continue investing. (If you still want to check it out, you can sign up for a bonus >> here)

What is P2P Investments Watch List?

P2P platforms are one of the fastest growing segments in financial services today. Like any other lucrative business, it will attract opportunists.

The team behind P2P-investments.org try to evaluate and review the most common and most popular platforms on the European market today. The purpose is NOT to give financial advice or recommendations, but to share our experiences and findings.

Even when our own investments are at stake or referral programs are in place, we stay unbiased and try to express our honest opinions.

All opinions expressed by P2P Investments on this website are strictly the views of our team.

Some P2P Sites May Come with a Risk

We recognize that some P2P sites can come with a higher risk than others. Sites where no investments are made by the team or our freelance writers are normally not reviewed. These sites include companies with a short track record, low volumes, or low transparency. Such sites end up on our watch list.

Note: appearance on this watch list does not mean that we have decided that a site or platform is less safe for investments.

What Does Green, Yellow, or Red Signals Mean?

Green means “Go”. A site may offer good P2P investment opportunities, but we have not yet made investments or reviewed it. If we haven’t started investing already, it may be in the pipeline for investments and/or full review in a near future.

Yellow means “Caution”. We don’t feel comfortable investing on this platform at the moment. Usually a passive entry on our watch list. We may also have postponed or stopped investments.

Read means “Stop”. We will not consider this market place for investments or we may have stopped investing and withdrawn all funds.

This Watch List was last updated on January 25, 2020.