Peer-to-peer lending platforms
Peer-to-peer lending is growing in popularity in Europe. Online P2P platforms make it easy to invest, and funding loans for businesses or other individuals can be quite profitable. Some of the best P2P websites in Europe target annual returns of 10 percent or more.
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Please note: investing in peer-to-peer loans involves risks, you can (partially) lose your investment.
Best P2P lending platforms in Europe
Europe has many online platforms where you can invest in P2P lending. Together, Europe’s largest P2P platforms have funded tens of billions of euros in loans. A selection of popular P2P platforms in Europe:
Offers various investment options for passive investors. European market leader in P2P lending with an average return of 11.3% on Core Loans. Also offers bonds, ETFs, real estate, and up to 2.25% via Smart Cash (available for instant withdrawal). Temporary a special welcome bonus for new investors.
- The editorial team's preferred platform
- 11+ billion euros funded since its launch in 2015
- European market leader in P2P lending
- 50+ loan originators from 25 countries
- Wide selection of corporate bonds
- MiFID II license
Debitum is a rapidly growing Latvian p2p lending platform. It allows you to invest in financing for small businesses. With the auto invest function, you can easily spread your investments across multiple loans. The annual return often exceeds 11 percent. Regulated under a MiFID II license.
- high returns (11+ percent)
- powerful Auto Invest features
- frequent cashback promotions
- optional: Flow (flexible terms)
- MiFID II license
Bulgarian investment platform. Select loans offering annual returns of up to 16 percent, or commit your money to SaveSmart: choose 3, 6 or 12 months with expected annual returns of 8 to 10 percent and monthly payouts. You can withdraw part of your investment early, subject to conditions.
- active since 2021, founded by Stikcredit
- expected annual return of 10 percent with a 12-month term
- early withdrawals: up to 30 percent, subject to conditions
- minimum investment: 10 euros
- 5 of the 6 lending partners are based in Bulgaria
- European ECSP licence issued in Bulgaria
Monefit automatically spreads your investment across consumer loans in 8 European countries. By default, your funds remain withdrawable and currently earn 7.5 percent per year. Vaults can increase target returns to as much as 10.52 percent per year.
- target annual returns (7.5% - 9.42% - 10.52%)
- user-friendly platform
- funds remain withdrawable (10 day waiting period)
- 35K+ investors
- part of Creditstar Group
With over 3 billion euros in invested capital, PeerBerry, founded in 2017, is one of the largest P2P platforms in Europe. It mainly offers short-term consumer loans, with Poland, Kazakhstan, and Ukraine as the top three markets. Average interest rate is around 10 percent.
- often short-term loans
- focus on Eastern Europe
- stable, high returns
- over 3 billion euros funded
Hive5 is a p2p platform from Croatia where investors can invest in small- and medium-sized businesses. The platform is active across Europe and mostly offers short-term loans (30–90 days) that have an interest rate around 13-15 percent. Investing is possible from 10 euros and up.
- 200+ million euro funded
- 30,000+ investors
- optional: secondary market (without fees)
- 60-day buyback guarantee
- part of Ruptela Group
- no ECSP or MiFID II licence
The investment program of Bondora, a p2p platform based in Estonia. Aims for steady returns up to 6 percent per year. Automatically spreads your investment across loans. Interest is calculated daily, and you can withdraw your money at any time.
- founded in 2009
- only consumer loans
- withdraw your money at any time
- minimum investment of 5 euro
- almost 500,000 users
- active volume: 500+ million
Lendermarket is a P2P platform where you invest in consumer loans, most of which are unsecured and unregulated. It works with multiple loan originators, but most of them are connected to Creditstar, which operates in 8 European countries.
- expected returns of up to around 15 percent
- over 500 million euro funded
- over 20.000 registered users
- offices in Germany, Spain, France and Estonia
- ECSP license (Ireland)
The P2P platform Esketit was launched in 2020, and is based in Zagreb (Croatia) sinds 2025. With the Auto Invest feature you invest in consumer and business loans. The platform reports an average annual return of 10 to 10.5 percent. In 2025 AvaFin stopped offering its own loans through Esketit.
- both business and consumer loans
- early withdrawal (under conditions)
- minimum investment: 10 euros
- over 25,000 investors
- part of AvaFin
- no ECSP-license!
Lithuanian p2p platform with investments in consumer and business loans. It offers relatively high interest rates, originates loans itself and co-invests in each loan. The supply is limited and default rates are relatively high.
- active since 2014
- multiple Auto Invest options (4 standard plans)
- interest rates up to around 20 percent
- 11K+ average investment per investor
- 17K+ investors registered
- ECSP license from Lithuania
Investment platform where you lend money to loan originators from the SpaceCrew Finance Group. They finance consumer loans in Mexico, Malaysia and Singapore. Rates are strong, but due to its short track record and because all loans come from a single group, it is not at the top of our list yet.
- investments with fixed terms
- auto (re)invest function
- all loan originators are part of one group
- based in Croatia
Robocash is a p2p lending platform from Croatia. Investing on the website is fully automated according to your preferences. In 2021, Robocash had funded over 300 million euros in loans. The average annual interest is around 11 percent. Most loans are very short-term, lasting up to 60 days.
Viainvest is an online investment platform from Latvia. On the website you can invest in both consumer and business loans. To date, over 500 million euros has been invested. Viainvest has an average interest rate of 10 percent.
Bondster is a peer-to-peer lending platform from Czech Republic that is active in 20 countries. The broker offers individual and business loans that last up to 120 months. Since 2017, over 100 million euros has been funded by more than 15 thousand investors. The interest is 5 to 16 percent.
TWINO was founded in 2009 in Latvia. Currently, it is active in 6 countries. It has over 58 thousand registered users, who have invested around 1 billion euros. According to the platform, investors are earning a total of 12 million euros in interest.
IUVO is based in Estonia and offers individual loans. In 2022, over 265 million euros was invested to date. The platform has more than 30 thousand registered users from 166 countries worldwide. The majority of loans last 6 to 24 months, with an average interest between 5 and 15 percent.
What is P2P lending?
Peer-to-peer lending is a popular alternative investment. It means you fund (part of) a loan for a business or other individual. Borrowers may be looking to invest in their company, finance large expenses or buy a car, for example. While banks finance many of those loans, there is plenty of room for investors to fund loans as well.
Peer-to-peer lending means you fund a loan for a business or individual.
Peer-to-peer lending can benefit both borrowers and investors. Borrowers often receive more flexible financing options, while investors may earn higher returns than with a regular savings account.
How do peer-to-peer platforms work?
On P2P platforms, you will find loans with different risk levels and interest rates. These are usually determined by the borrower’s creditworthiness and other risk factors. Most investors let the platform select loans on their behalf, often through an auto-invest feature.
This allows you to set criteria such as your maximum investment amount, preferred interest rates, or maximum loan term. The platform then automatically invests in loans that match your preferences as soon as they become available. This is especially common with consumer loans, where loan terms are often short and individual investments can be relatively small.
Most investors let the platform select loans to invest in.
How to choose the best peer-to-peer lending platform
Expected returns are often the first thing investors look at. Higher interest rates can lead to higher returns, but be careful: platforms offering higher interest rates often experience higher default rates as well.
Another factor is liquidity. On many platforms, you need to wait until a loan gets repaid before you can withdraw your money. In the event of missed payments, this process can take longer than expected. Some platforms offer a secondary market, but this may come with restrictions. For example, loans in arrears may not be eligible for sale, or trading activity may be limited.
Loan originators and lending volumes
It is also worth looking at where your money is invested. Some platforms, such as Monefit (Creditstar) or Bondora, originate and finance their own loans, while others, like Mintos or Debitum, work with multiple loan originators. A broader network of loan originators can provide additional diversification and reduce dependence on a single lender. However, it may also introduce weaker or less experienced lending partners.
Platform size and track record can provide additional insights. Larger platforms often offer more opportunities for diversification and make it easier to use auto-invest tools. Their credit assessment processes may also have been refined over time.
For any platform, past performance is not always a reliable indicator of future results. Geopolitical events, economic conditions, regulatory changes, or expansion into new countries and sectors can significantly affect future performance, even on platforms with a long and positive track record.
Invest via Mintos, Europe’s P2P leader with 11.62% average return, or EstateGuru for property-secured real estate loans across Europe. Investing involves risks. You can lose your investment.
