Best P2P Lending Platforms in Europe

What is P2P Lending?

P2P (peer-to-peer) lending, also called ‘social lending’ or ‘crowdlending’, involves lending to individuals or businesses to get interest without aid from any financial institution. It differs from the common bank lending system where banks get the most of the earned interest while in P2P lending you keep all the profits. The lenders earn higher returns and borrowers get money at lower interest rates. Websites facilitating P2P lending connect borrowers directly to investors and enables transactions by setting rates and terms. They offer both secured and unsecured loans. A secured loan is protected by luxury goods called collateral such as jewelry, watches, cars, buildings, etc. while an unsecured loan is not backed by any security. P2P lending is considered an alternative financial service as it is different from the three traditional types of financial institutions i.e. deposit takers, investors, and insurers.

How P2P (peer-to-peer) Lending Works

P2P is a simple process where all the transactions are accomplished squarely. The following steps will show how P2P platforms work for both the investors and the borrowers.

For Lenders

  1. Sign up to a P2P and deposit the amount you want to invest
  2. Choose from the two ways to start lending: Either fix the interest rate you wish to receive or agree to the on-offer rate
  3. Lend the amount for a fixed period of time and start earning interest

For Borrowers

  1. Complete an online application on a P2P lending platform
  2. The P2P platform examines the application, eligibility, and the credit rating
  3. You will receive the available borrowing options once your application is approved
  4. You can measure the proposed options and choose from them

P2P Lending Characteristics

  • Fast and convenient
  • Untraditional borrowing and lending platform
  • Accessible lower rates
  • Flexible than traditional loans
  • Online transactions
  • Loans can be secured or unsecured
  • Loan management

Best P2P Lending Platforms

1. Mintos

Mintos is of the best and the largest P2P platforms in Europe. It is a global online marketplace for loans. At Mintos, investors around the world get connected with international lending companies and invest in hundreds of thousands of loans to earn passive income. Since its release in 2015, Mintos grew substantially and is revolutionizing unique financial services for accessible, convenient, and transparent investing. Mintos offers both retail and institutional investments.

Mintos Virtues are the basis of the culture Mintos introduced. These culture-shaping virtues are:

  1. Pursue Learning and Growth
  2. Default to Transparency
  3. Be an Owner
  4. Execute the Work
  5. Think Customer

Notable Achievements

  • Number of investors – 404,745+ from 62 countries
  • Invested amount – €6,423,542,060+
  • Investors earned average interest – 11.75%

On Mintos, more than 99% of the loans are buyback-obligation protected. It means if a loan is delayed by more than 60 days, the lending company will pay you interest by buying back the investment.

Investing comes with different types of risks. Mintos is determined to protect its investors with the help of many tools. Mintos provides solutions to avoid risks.

Mintos does not issue loans by itself. 64 lending companies from 33 countries provide loans to individuals and small businesses on the Mintos platform. You can start investing from as low as €10 per loan. Mintos supports 10+ currencies. 84% of investors continue investing with Mintos after one year.

Mintos Fees

Mintos makes money from the commission it charges from lending companies.

Investing activities on Mintos are free including:

  • Investing
  • Deposits
  • Withdrawals
  • Account servicing
  • Investor support

Mintos charges only for the additional services listed below.

  • Currency exchange – from 0.50% (depends on currency pair)
  • Secondary market – 0.85% (selling loans)
  • Recovery charges – depending on the individual case

Mintos Pros and Cons

Mintos Pros

  • Fee-free investing
  • Buyback guarantee
  • Easy to diversify investment
  • Auto invest available
  • Secondary market
  • Huge amount of loans available
  • Mobile app

Mintos Cons

  • Currency exchange fee
  • Selling fee
  • Indirect investment structure for some loans

2. PeerBerry

PeerBerry is a P2P marketplace where companies and individuals can become investors and earn up to 12% interest on investment. PeerBerry is one of the most reliable P2P investment platforms in Europe as it highly focuses on risk management and innovations. PeerBerry was launched in 2017 and grew by almost 50% in 2020. The mission of the company is to bring passive income to everyone.

PeerBerry is very consistent to invest in cutting-edge tools, modern IT solutions, and infrastructure. PeerBerry focuses on short-term loans and originates loans from Aventus Group, Gofingo, Lithome, and SIB Group. It connects loan originators to the platform and these originators make loans available for investment. On PeerBerry, you will create an Auto Invest portfolio or you can manually invest in available loans. PeerBerry offers a list of loan contracts for investments, you can easily review and filter the list according to your preferences.

Notable Achievements

  • Average annual investment return – 11.35%
  • Interest paid to investors – €5,777,227+
  • Total invested – €481,725,812+
  • Investors – 36,273


  • Alternative investments
  • P2P
  • Fintech

PeerBerry Fees

  • No service fee
  • No deposit fee
  • No withdrawal fee

PeerBerry Pros and Cons

PeerBerry Pros

  • Free investment
  • Risk management
  • Auto invest
  • Buyback guarantee
  • Group guarantee
  • Invest with as little as €10
  • Loyalty rewards
  • Interest rate up to 12%
  • Friend referral program
  • Active customer support
  • Tax report

PeerBerry Cons

  • No secondary market
  • Limited diversification
  • Suitable for short-term investors

3. EstateGuru

EstateGuru is an online P2P debt funding platform. EstateGuru was launched in 2013 with the vision to support property businesses and develop transparent mutual benefits for both the investors and the borrowers. It is one of the leading P2P European marketplaces for short-term property-backed loans where property developers borrow funds and investors invest in secured property loans. Presently, the platform backs the borrowers and properties from Estonia, Latvia, Lithuania, Finland, Germany, Portugal, and Spain while the investors belong to 109 countries.

A key difference between EstateGuru and other P2P lending platforms is that EstateGuru provides loans for real estate businesses, and the borrowers are companies, not individuals. With EstateGuru, lenders can create a diversified portfolio and start investing with a small amount of capital. The minimal investment amount is €50. EstateGuru considers security an essential measure and uses risk assessment technology to analyze hundreds of data points. Loans are released to only those applicants who pass the EstateGuru screening process.

Notable Achievements

  • 11.44% average return
  • Facilitated more than 2322 loans worth more than €353590279
  • 82403+ investors from 109 countries

EstateGuru for Borrowers

  • EstateGuru releases a project to the investor pool
  • Investors start funding the project. It might take a few minutes to fully fund the project
  • Contracts are signed and the loan is released

EstateGuru for Investors

  • Borrowers make repayments
  • Investors can track all the repayments on the portfolio page


  • P2P
  • Real estate
  • Investing
  • P2P lending
  • Crowdlending
  • Fintech

EstateGuru Pricing

User Account Fees

  • Account management fee – No
  • Portal Operator’s service fee – 1€
  • LHV Bank Link Service fee – as per service provider pricing
  • Inactive account fee – 2.5€ per month

Investing Fees

  • Primary Market
  • Investment fee – No
  • Contract fee – No
  • Secondary Market
  • Service fee (seller) – 2% of the transaction amount
  • Buyer fee – No

Borrowing Fees

  • Loan Application
  • Intermediation fee – 2.5%-4%
  • Administration fee (annual) – 0-2%
  • Notary fees (establishing the mortgage) – as per notary services pricing
  • EstateGuru Security Agent fee (establishing the mortgage) – 250 + VAT
  • EstateGuru Security Agent fee (releasing the mortgage) – 100 + VAT
  • Loan extending fee (up to 6 months) – up to 1% from the loan amount, min €250
  • Overdue Payments
  • Formal notice-fee – as per local service provider pricing
  • Realisation fee – 5% of the principal loan amount
  • Security agent fee – as per local service provider pricing
  • Bailiff fee – as per local service provider pricing
  • Overdue payment notice – 20€
  • Debt management fee – 8.75% of the due amounts

EstateGuru Pros and Cons

EstateGuru Pros

  • Zero investment fee
  • User-friendly interface
  • Minimum investment – €50
  • Auto Invest
  • Secondary Market
  • Secured loans
  • Borrowers from several countries
  • Multiple language website
  • Reasonable LTVs

EstateGuru Cons

  • 2% selling fee
  • Lack of diversification options
  • Buyback guarantee not available
  • Monthly inactive fee €2.5

4. Twino

Twino is a P2P mutual loan platform. It is one of the fastest-growing fintech platforms in Europe. Twino democratized P2P lending and expanded the range of financial services to underserved communities. Twino was established in 2009, in Latvia while its web platform was launched in 2015. Since its launch, Twino is progressing continuously and has reached Poland (2011), Russia (2013), Georgia (2014), Denmark (2015), Spain (2016), Kazakhstan (2016), Vietnam (2019). On Twino, investors fund consumer, invoice financing, business, and real estate loans and earn passive interest income.

With more than 10 years of experience in lending operations, Twino offers loans issued by the Twino Group subsidiaries. Twino investors do not have to evaluate each individual loan as the borrowers looking for loans pass through a credit risk scoring procedure. The successful loans are sent to the Twino investment platform for funding. Twino’s Auto Invest tool helps investors diversify their funds. Twino makes money from the lent capital by charging interest and commissions. Twino has three types of investor protection mechanisms.

Notable Achievements

  • Issued loans – €1.2B
  • Funded loans – €700M
  • Paid in interest – €12M
  • Active investors – 22k
  • Investors earned – more than 10% p.a.

Twino Fees

Twino offers its services without any fee.

  • No registration fee
  • No deposit fee
  • No service fee
  • No withdrawal fee

Twino Pros and Cons

Twino Pros

  • Free investment
  • Intuitive platform
  • Auto invest
  • Minimum investment – €10
  • Buyback guarantee
  • Payment guarantee
  • Venture
  • Investment diversification
  • Mobile app
  • Customer support

Twino Cons

  • High returns – high risk
  • Risk of loan default with consumer lending
  • Limited number of loans

5. Crowdestor

Crowdestor, a combination of ‘Crowd’ and ‘Investor’, is a P2B (peer to business) crowdfunding platform devoted to granting earning opportunities to investors and businesses. Founded in Estonia in 2017, Crowdestor maximizes the financial improvement of investors and helps business organizations develop and expand their business objectives. Crowdestor provides quick and easy funding for companies directly from over 17,000 registered investors from all over the world. Hence, the role of banks, brokers, lenders, etc. is abandoned because Crowdestor believes in the power of the crowd.

Crowdestor has gained immense popularity in Baltic states. It focuses on every type of investor including risk-takers as well as button-down investors. On Crowdestor, you can invest from as little as €50 and can earn up to 28% or more per annum. Crowdestor’s vision is to turn the crowdfunding industry into a principal business financing solution. With the mission to speeding up business growth and offering unique opportunities to investors across geographical boundaries. Crowdestor is reflecting consistency in its core values: Simplicity, Transparency, and Professionalism.

Notable Achievements

  • Financed projects – 325+
  • Borrowed amount – 39M
  • Investors earned – up to 28% p.a. or more

Crowdestor Project Categories

Crowdestor offers the following categories where investors can invest.

  1. Small and Medium Enterprise Projects (SME Projects)
  2. Specialized Projects
  • Energy
  • Movie Production
  • Restaurants
  • Forestry
  • Gaming and more
  • Real-Estate Projects

Crowdestor Fees

Investing Fees

  • No sign-up fee
  • No account management fee
  • No investment fee
  • No contract fee
  • Bank transfer fee depends on the service provider

Secondary Market Fees

  • The seller’s commission is 2%
  • The buyer’s commission depends on the discount but it is not more than 2%

Borrowing Fee

  • Risk assessment fee – €200
  • Structuring fee – from 3%
  • Management fee – 0.10%
  • Restructuring and prolongation fee – €500 or 2%

Mortgage Fees

  • First Mortgage release fee – €350 + VAT
  • Second Mortgage release fee – €100 + VAT
  • Notary fees depend on notary services pricelist

Crowdestor Pros and Cons

Crowdestor Pros

  • No investment fee
  • High-interest rates
  • Skilled management team
  • Lower investment amount
  • Wide range of projects
  • Investors’ security is preferred
  • Deep assessment before issuing loans
  • Credit report
  • Secondary market

Crowdestor Cons

  • No auto-invest
  • Delayed projects
  • High risk
  • No buyback guarantee
  • Insufficient customer support


P2P lending has disrupted traditional lending markets and coined new horizons where investors and borrowers can achieve their hassle-free financial goals. Millions of individuals, project developers, and companies have benefitted from P2P lending opportunities. Low investment amounts, buyback, other guarantees, and higher interest rates have turned P2P lending & investing majorly beneficial for unprivileged communities.

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