CROWDLENDING PLATFORMS

Crowdlending – or as some call it: P2P Lending – is a popular way to invest money into loans and in return receive an interest based on the interest rate and the amount invested.

On this page, I have gathered a list of European crowdlending platforms. Hopefully, it will make it easier for you to choose your next P2P Lending platform by comparing these crowdlending platforms by interest rate, risk, company size, years in operation and many more details about each platform.

I have not invested through every listed crowdlending platform at the moment, but I have only listed platforms, which I seriously consider to invest in later on. I have stated below each P2P platform whether I at the moment have invested through it or not.

MINTOS

Average interest rate

11.70%


Year founded

2015


BuyBack guarantee

Yes


Minimum investment

€10


Total invested

€1876M


Loan period

1 – 72 months


Sign up bonus

1%


Invested myself


Yes, see my portfolio!

Review

Yes


Yes, read my review!

About

Mintos is one of the biggest crowdlending platforms out there and is extremely respected in the community. Mintos have a user-friendly platform and give the opportunity to differentiate loans across currencies, loans types, length and risk. Furthermore, almost every loan comes with a BuyBack guarantee.



Invest at Mintos now!


BONDORA

Average interest rate

6.75%


Year founded

2007


BuyBack guarantee

No


Minimum investment

€1


Total invested

€177M


Loan period

Under 1 Month


Sign up bonus

€5


Invested myself


Yes, see my portfolio!

Review

Not yet


About

Bondora is one of the oldest European platforms, and with their Go & Grow-Concept, you have secured an interest rate around 6.75% with a lower risk than normal in crowdlending and with the possibility to withdrawal your money every time.



Invest at Bondora!

ENVESTIO

Average interest rate

18.88%


Year founded

2014


BuyBack guarantee

Some sort


Minimum investment

€1


Total invested

€12M


Loan period

4 – 12 months


Sign up bonus

€5 + 0.5%


Invested myself


Yes, see my portfolio!

Review

Not yet


About

Envestio is known for giving a very high interest rate – sometimes even higher than 20% per year. Over the years the platform has also gained a lot of respect for its user-friendly platform as well as its open-minded team. The platform even has some sort of a BuyBack guarantee giving the lenders an opportunity to sell loans back to Envestio.



Invest at Envestio!

CROWDESTATE

Average interest rate

19.06%


Year founded

2013


BuyBack guarantee

No


Minimum investment

€100


Total invested

€59M


Loan period

4 – 72 months


Sign up bonus


Invested myself

Not yet


Review

Not yet


About

Crowdestate is an established real estate crowdlending platform. The company gives access to a large number of off-market real estate investments to its users with a high interest rate. All investment opportunities at Crowdestate goes through a stringent due diligence process.



Invest at Crowdestate!


GRUPEER

Average interest rate

14.29%


Year founded

2016


BuyBack guarantee

Yes


Minimum investment

€10


Total invested

€24M


Loan period

4 – 80 months


Sign up bonus

1%


Invested myself

Not yet


Review

Not yet


About

Grupeer is an acknowledged crowdlending platform giving its users an opportunity to invest its free funds in secured loans issued by credit market professionals. Grupeer has a very high average return while its loans come with a BuyBack guarantee.



Invest at Grupeer!


FAST INVEST

Average interest rate

14%


Year founded

2015


BuyBack guarantee

Yes


Minimum investment

€1


Total invested

€13M


Loan period

1 – 12 months


Sign up bonus


Invested myself

Not yet


Review

Not yet


About

Fast Invest provides a high return while protecting its users with a BuyBack Guarantee in all issued loans. Fast Invest even offers a MoneyBack Guarantee. That means you can withdrawal your invested amount through the platform within 24 hours – for whatever reason.



Invest at Fast Invest!


BULKESTATE

Average interest rate

14.26%


Year founded

2016


BuyBack guarantee

No


Minimum investment

€50


Total invested

€4M


Loan period

12 months


Sign up bonus


Invested myself

Not yet


Review

Not yet


About

Bulkestate is a crowdlending platform, which enables real estate investment project crowdfunding for investors. Every offered investment project on Bulkestate is carefully selected through a consistent evaluation process to ensure the highest quality projects on the platform.



Invest at Bulkestate!


PEERBERRY

Average interest rate

11.67%


Year founded

2017


BuyBack guarantee

Yes


Minimum investment

€10


Total invested

€6M


Loan period

1 – 34 months


Sign up bonus


Invested myself

Not yet


Review

Not yet


About

PeerBerry is a user-friendly crowdlending platform offering loans with a BuyBack guarantee. Furthermore, they only collaborate with experienced as well as reliable loan originators in euros. At PeerBerry, you have the possibility to invest manually or through their Auto-Invest function.



Invest at PeerBerry!


ROBO.CASH

Average interest rate

12%


Year founded

2017


BuyBack guarantee

Yes


Minimum investment

€10


Total invested

€58M


Loan period

1 – 12 months


Sign up bonus


Invested myself

Not yet


Review

Not yet


About

Robo.cash provides investors throughout the European Union the opportunity to invest in loans with a high return. Robo.cash even offers BuyBack Guarantee to ensure loan originators pays back investments in case of an overdue for more than 30 days.



Invest at Robo.cash!

About crowdlending

I often get the question: What is crowdlending? That’s a very relevant question because only a little portion of the population knows what crowdlending is, and even fewer have invested through crowdlending. By that reason, I think it is fair to give an explanation of crowdlending, and how it works.

Crowdlending – or P2P Lending as some calls it – is a way to lend out money directly to individuals or businesses through crowdlending platforms. To lend out money was (and still is) normally a job for traditional banks, but with the introduction to crowdlending platforms, you now have the possibility to lend out money and in return receive a highly profitable interest. That means you somewhat take over one of the traditional business models of banks by lending out your money directly to individuals or businesses.

You can, of course, lend out money directly to friends and family members without the use of a crowdlending platform as you have always been able to do. However, it is both time-consuming as well as difficult, because you are also in charge of the legal stuff together with the borrower. At the same time, you need to know someone in the need of loan before it is even possible. However, with crowdlending platforms, you as a lender will be connected directly to potential borrowers. By that reason, you do not need to know someone in the need of a loan to get started with crowdlending, because you will be connected to borrowers through the different P2P platforms. These above-mentioned crowdlending platforms will even take care of all the practical and legal stuff. For instance, you do not, for example, have to pay out the loan, send reminders and make a contract. The crowdlending platform will take care of that.

The only job you have is only to create a profile, fund your account and chose the different loans you want to fund (or be a part of funding together with other lenders). At some P2P Lending platforms, you even have the possibility to make an auto invest strategy with specific criteria for loans you want to invest in. When a new loan appears with these different criteria fulfilled, the P2P Lending platform will automatically invest your money in these. By that reason, it is very little time-consuming to use invest through these platforms, while you (in my opinion) receive a very good interest. I personally only use about an hour every month on the different platforms I have invested through to edit my various auto-invest strategies to ensure they gain the highest interest rate.

As you can see, the interest rate is very good regarding the above-mentioned crowdlending platforms. The interest rate is often over 10% (and sometimes even way more than that). That is way more than you and I get as interest rate at our bank account. The high interest rate is also why crowdlending have become so popular (and why I like it that much). It is just fantastic to see your own money grow at that speed. However, it is important to say that the above-mentioned interest rate is found on these different crowdlending platforms websites. Although I often receive the same interest rate as listed on their websites and sometimes even a higher interest rate, it is not certain that you will receive the same interest rate. However, it is important to notice that the high interest rate from the crowdlending platforms comes with a higher risk than just keeping the money at your bank account. I think the higher risk is worth it, but at the same time, I think it is very important that you consider this risk yourself. By doing so, you ensure that you only place money in something, where you are aware of the different risks.

When we are talking about crowdlending risks anyway, then let us talking about bankruptcy. Many people ask what will happen if one of these crowdlending platform files for bankruptcy, when you have invested through them. It is so different from platform to platform, why you must read the terms of the individual platform to understand what happens if they go bankrupt. Bankruptcy is, of course, a risk, but to be honest, it is never something that I am really afraid of. These platforms are very big (just look at the total invested amount) and many of these are also regulated by normal national financial regulative agencies. That makes it (in my opinion) pretty safe and not risky business.

It is important to mention that all information above is collected from the websites of these crowdlending platforms, and it is only updated once in a while, why some information may be misleading. At the same time, please do your own due diligence before investing through these P2P-Lending platforms. Do not only take my word for it.