Afranga Review 2025: a Regulated P2P Lending Platform Worth Trying
A comprehensive review of Afranga's crowdfunding platform with real investor results and performance data
Quick Verdict
Afranga is a compelling option for investors who are comfortable with conducting their own due diligence and prefer an active role in managing their portfolio. It offers high potential returns of up to 18% within a regulated EU framework, making it suitable for those willing to exchange passive auto-invest tools for greater control.
Try AfrangaWhat is Afranga?
Afranga is a regulated crowdfunding platform based in Bulgaria that allows you to invest in business loans. It provides a different focus from many platforms centered on consumer credit by connecting investors with vetted, high-growth companies, primarily from Bulgaria and the Czech Republic.
The main attraction is the high yields, with advertised rates that can reach up to 18% per year. The platform places a strong focus on transparency and security, underscored by its license from the Financial Supervision Commission (FSC) of Bulgaria, which allows it to operate across the EU. Instead of a buyback guarantee, Afranga's security model is built on a foundation of rigorous due diligence for each borrowing company.
A significant benefit is that investing on Afranga is completely free for investors. There are no fees for opening an account, depositing funds, investing, or withdrawing money, ensuring your returns are not diminished by platform costs.
What Returns Can You Expect?
Real returns based on my investing experience
The platform advertises attractive returns of up to 18% annually, placing Afranga among the higher end of the European investment platform market. During my time investing, I have consistently seen a good selection of loans available, typically yielding between 14% and 18%. For investors looking to enhance their portfolio's growth, these returns are certainly compelling.
After actively investing on Afranga for over a year, my returns have been very good. By exporting my account data and using a portfolio tracker, I've calculated my exact performance. My current annualized return (XIRR) stands at a solid 14.75%. This is a strong result that aligns with the platform's advertised rates and demonstrates the potential of its high-yield loan offerings. Interest payments have been consistent, and my experience with the platform's operations has been positive.
Manual Investment Control
Afranga utilizes a manual investment approach, which is a deliberate design choice. Instead of an automated tool, it gives you the control to hand-pick each investment.
Active Portfolio Management
Personally review each opportunity using detailed KIIS documentation to ensure your portfolio matches your investment criteria
Full Transparency
Access comprehensive company details and risk disclosures for every loan opportunity before making investment decisions
Complete Control
Hand-pick each investment based on your own analysis and risk tolerance, building a carefully selected portfolio
This level of control is a key benefit for investors who prefer to be actively involved in their financial decisions and is instrumental in constructing a carefully selected portfolio.
Is Afranga Safe?
Key safety features and regulatory compliance
EU Regulated
Licensed European Crowdfunding Service Provider under FSC Bulgaria, operating across the EU with strict compliance requirements
Segregated Accounts
All investor funds held separately with Lemonway, a licensed French payment institution, keeping money safe from operational risks
Full Transparency
Detailed Key Investment Information Sheet (KIIS) provided for every loan with comprehensive company details and risk disclosures
Rigorous Due Diligence
Thorough vetting process for every borrowing company through in-group model with Stikcredit, ensuring loan quality oversight
⚠️ Risks & Guarantees on Afranga
Afranga utilizes a different and more proactive approach to risk management compared to many of its peers. It does not offer a buyback guarantee, a feature that, while popular, can sometimes be misinterpreted. Instead, the platform provides investors with the tools and information to manage risk themselves. This model is built on a thorough due diligence process for every company before it can issue a loan.
Investors are given full access to a detailed Key Investment Information Sheet (KIIS) for each loan, outlining company details and risk disclosures. This transparency allows you to make an informed decision based on comprehensive data. This model is well-suited for the investor who prefers more control and is comfortable conducting their own analysis, aligning with the platform's higher potential returns.
👥 The Company & The Team
Founded in 2021, Afranga is led by CEO Svetlin Sabev, who brought over eight years of lending industry experience to create a more efficient and reliable platform. The team's professional background adds to its credibility. The Head of Compliance, Yonko Chuklev, for instance, has a strong profile with recognition in Forbes 30 under 30 Bulgaria.
The platform's EU crowdfunding license is a significant mark of credibility. This regulatory status means Afranga must adhere to strict EU rules concerning investor protection and transparency. Furthermore, all investor funds are held in segregated accounts with Lemonway, a licensed French payment institution. This structure provides an important layer of security by keeping your money separate from the company's operational funds.
🏢 Loan Originators
The quality of loan originators is key to performance, and Afranga uses its "in-group" model as a core part of its strategy. The platform was developed in connection with Stikcredit, a major lender, which gives Afranga significant oversight and control over the loan underwriting process. This close relationship ensures a deep understanding of the loan portfolio's quality and can be seen as a built-in layer of risk management.
Getting Started on Afranga
Create Your Account
Complete the fully digital registration process in less than 5 minutes with just basic information and ID verification
Fund Your Account
Make a SEPA transfer to your secure Lemonway account. Funds typically arrive within one business day with no deposit fees
Review Investment Opportunities
Browse available loans and review detailed KIIS documentation for each opportunity, examining company details and risk factors
Build Your Portfolio
Manually select and invest in loans that match your criteria, with full control over your portfolio allocation and diversification
Pros & Cons
✅ Pros
- ✓High Potential Returns: Yields of up to 18% are available
- ✓EU Regulated Platform: Operates under a European Crowdfunding license
- ✓No Fees for Investors: Free to deposit, invest, and withdraw
- ✓Manual Investment Control: Gives you full control over your portfolio selections
- ✓Detailed Loan Information: Provides transparent data for informed decisions
- ✓Segregated Investor Funds: Money held separately with Lemonway payment institution
❌ Cons
- ✗No Buyback Guarantee: The investment risk lies with the investor
- ✗No Auto-Invest Feature: Requires active management
- ✗Limited Loan Originator Diversification: Primarily focused on in-group lenders
My Results with Afranga
After actively investing on Afranga for over a year, my returns have been very good. By exporting my account data and using a portfolio tracker, I've calculated my exact performance.
My current annualized return (XIRR) stands at a solid 14.75%. This is a strong result that aligns with the platform's advertised rates and demonstrates the potential of its high-yield loan offerings. Interest payments have been consistent, and my experience with the platform's operations has been positive.