How to choose the right P2P platform for your investing style and risk profile

There is no universally “best” P2P platform. There is a platform that may fit your goals, risk tolerance and strategy. This concise guide explains:
• how to define your investor profile
• the main differences between platforms
• how to choose sensibly based on your goals
• when diversifying across more than one platform may make sense

Free tools for analysing a P2P portfolio

How this comparison was prepared

The platforms are not ranked as “the best”. The comparison applies the same criteria to each: regulatory status, minimum investment, advertised or expected returns, asset type, early-exit options, buyback terms and main risks.

  • Regulation does not eliminate credit or market risk.
  • A buyback commitment is contractual and depends on the solvency of the obligated party.
  • A secondary market does not guarantee a buyer or immediate liquidity.
  • Quoted returns are gross, variable and do not guarantee future performance.

Last reviewed:

Comparison of 10 P2P platforms

Mintos

Regulation
MiFID II investment firm supervised by Latvijas Banka
Minimum investment
€50 for Notes on the primary market
Expected returns
Typically 5–21%, depending on the product and risk; not guaranteed
Asset types
Notes backed by loan portfolios, bonds and other products
Secondary market
Yes; selling depends on demand and may require a discount
Buyback
Only when provided by the lending company or the specific product
Main risk
Default by an issuer or lending company and losses on the underlying loans
Suitable for
Investors who want a broad selection and understand the structure of Notes
Read the analysis

PeerBerry

Regulation
Marketplace for claims; not a MiFID II investment firm
Minimum investment
€10 per loan
Expected returns
Up to 11% under current offers; not guaranteed
Asset types
Consumer, leasing, business and property loans
Secondary market
Yes, since January 2026; selling depends on demand
Buyback
Applies to listed loans; a group guarantee applies only to certain offers
Main risk
Solvency of lending companies and concentration within related groups
Suitable for
Investors who accept lender and concentration risk
Read the analysis

Esketit

Regulation
Marketplace for claims; no stated MiFID II or ECSP licence
Minimum investment
€10
Expected returns
The platform reports an average of around 12%; results are not guaranteed
Asset types
Claims arising from consumer loans
Secondary market
Yes; selling depends on another investor
Buyback
On most offers after more than 60 days in arrears or as specified in the agreement
Main risk
The lender or group may be unable to meet its buyback obligation
Suitable for
Investors who accept higher lender risk and review each offer
Official source
Esketit – FAQ
Read the analysis

Robocash

Regulation
The platform is not regulated under an investment services licence
Minimum investment
€10
Expected returns
Variable depending on term and current offers; not guaranteed
Asset types
Claims arising from short- and long-term loans
Secondary market
Yes; transactions are carried out at face value
Buyback
After more than 30 calendar days in arrears, subject to the agreement
Main risk
Concentration in UnaFinancial and the lenders' ability to meet their obligations
Suitable for
Investors who prefer automation and accept group concentration
Read the analysis

Bondora Go & Grow

Regulation
No specific financial licence applies directly to Go & Grow
Minimum investment
No clearly stated fixed minimum
Expected returns
Up to approximately 6% per year under the current offer; not guaranteed
Asset types
An automatically managed portfolio of unsecured consumer loans
Secondary market
No; it closed on 30 September 2025
Buyback
No traditional buyback guarantee
Main risk
Credit losses and possible partial payments during periods of increased withdrawal demand
Suitable for
Investors who prefer automation and accept limited control and liquidity risk
Read the analysis

Iuvo

Regulation
The service is not licensed as an investment, banking, payment or crowdfunding service
Minimum investment
Usually €10, depending on the specific offer
Expected returns
Set out in the agreement for the specific claim; not guaranteed
Asset types
Claims arising from different types of loans
Secondary market
Yes; selling depends on demand and is not guaranteed
Buyback
Only when provided for in the specific assignment agreement
Main risk
Lender solvency and the possibility of a partial or total loss
Suitable for
Investors who understand the unregulated model and analyse lenders
Read the analysis

Income Marketplace

Regulation
Marketplace for claims; no stated MiFID II or ECSP licence
Minimum investment
€10
Expected returns
Variable by lender and current offer; not guaranteed
Asset types
Consumer, business and secured loans from external lenders
Secondary market
Yes; sale price and timing depend on demand
Buyback
After more than 60 days in arrears; the Cashflow Buffer is an additional contractual mechanism
Main risk
Lender default, in which case the mechanisms may not cover the loss
Suitable for
Investors who want contractual buffers and accept external lender risk
Read the analysis

Swaper

Regulation
Swaper Platform OÜ is not regulated under a financial services licence
Minimum investment
€10
Expected returns
Variable according to the claim and agreed interest rate; not guaranteed
Asset types
Claims arising mainly from consumer loans
Secondary market
Yes; selling depends on the availability of a buyer
Buyback
Depends on the lender and agreement; usually after more than 60 days in arrears
Main risk
Concentration among a limited number of lenders and default risk
Suitable for
Investors who accept concentration risk and monitor contractual terms
Read the analysis

Twino

Regulation
Licensed investment firm supervised by Latvijas Banka
Minimum investment
Depends on the selected product and product suitability assessment
Expected returns
6% for FLEXI and 8.5–12% for ABS under current terms; not guaranteed
Asset types
Asset-backed securities linked to loan portfolios
Secondary market
For ABS; FLEXI uses a separate mechanism that depends on available liquidity
Buyback
Not a universal platform guarantee; terms depend on the product
Main risk
Issuer, credit and liquidity risk relating to the underlying assets
Suitable for
Investors who prefer a regulated environment and understand the structure of ABS
Read the analysis

Afranga

Regulation
Licensed European crowdfunding service provider (ECSP), supervised by Bulgaria's Financial Supervision Commission
Minimum investment
€10 per loan
Expected returns
Targeted 8–16% before tax under current offers; not guaranteed
Asset types
Business and property loans to pre-assessed European companies
Secondary market
No; the feature is still under development
Buyback
No universal buyback guarantee; terms are specific to each loan
Main risk
Business borrower default and limited liquidity until maturity
Suitable for
Investors who understand business loans and can hold until maturity
Read the analysis

How to use this comparison

Your decision should not begin with the highest percentage. First define your constraints, then exclude products that do not meet them.

  • Regulatory priority: compare Mintos, TWINO and Afranga while recognising that MiFID II and ECSP are different regulatory regimes.
  • Liquidity needs: examine the specific exit mechanism. A secondary market does not guarantee a sale.
  • Control and choice: compare the number of lenders, asset types and manual configuration options.
  • Automation: establish what the algorithm manages and what credit risk remains with the investor.
  • Diversification: using different platforms may not provide sufficient diversification if they depend on one lending group or loan type.

This is a comparison method, not a personal recommendation or a ready-made portfolio model.

Important: This information is for educational purposes and does not constitute investment or tax advice. Terms and returns may change. Always review the official documents before making a decision.