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Best P2P Lending Platforms in Europe (December 2019 Update)

Best P2P Lending Platforms in Europe (December 2019 Update)

Last Update: / by Marco Schwartz

Peer-to-Peer lending is one of my favorite ways to invest money, especially because it can be completely automated and the returns are great. I am often asked what are my favorite platforms to invest in, which is why I decided to write this article in which I'll tell you what are my four favorite Peer-to-Peer lending platforms.

You will notice that all of those platforms are located in Europe. Indeed, as a European resident, I can't, for example, invest in platforms in the US, and I am of course only recommending platforms I am using myself. However, most of those platforms accept investors from outside of Europe. Here is an overview of my current top four platforms in Europe:

Mintos
Yield
12.43%
Rating
Buyback Guarantee
Auto Invest
Secondary Market
Fast Invest
Yield
13.18%
Rating
Buyback Guarantee
Auto Invest
Secondary Market
Grupeer
Yield
13.95%
Rating
Buyback Guarantee
Auto Invest
Secondary Market
Bondora
Yield
13.31%
Rating
Buyback Guarantee
Auto Invest
Secondary Market
#1 - Mintos

The first platform that I wanted to mention in this article is Mintos. Mintos is currently the largest Peer-to-Peer lending platform in Europe, and offer a huge amount of loans to invest in. This makes it a really interesting platform to invest in, as it gives you exposure to several countries and several kinds of loans in each country. That's instant diversification on a single platform. The platform also offers solid returns to investors, around 12%.

On top of that, the interface is really easy to use, and they also have a great portfolio manager so you can set everything once and then just let it invest for you. A large portion of their loans is actually also protected by a buyback guarantee, meaning that even if somebody stopped paying back a loan you will still get your money back.

As for all platforms in this article, I've been investing personally on Mintos (since 2015). Here is a graph showing my accumulated gains from Mintos since I started investing:

Best P2P Lending Platforms in Europe (December 2019 Update)

As you can tell, I got solid returns from Mintos since I started investing more than 4 years ago. I currently have a solid yield on the platform at nearly 12%, and my money is safe as I invested only in loans with buyback guarantee. Therefore, I definitely recommend Mintos as the best European Peer-to-Peer lending platform. It's the ideal platform to start an investment portfolio or to add to an already existing portfolio.

Mintos Pros
Buyback guarantee on most of the loans
Huge amount of loans available
Really easy to diversify
Auto-invest function
Secondary market
Mintos Cons
Auto-invest function sometimes slow to react
#2 - Fast Invest

The second platform I wanted to mention here is Fast Invest. They propose high-quality loans that come with a buyback guarantee, so it's a really safe platform to invest in. As of 2018, they have been active for 3 years, and also have been profitable which is very good sign of stability in the future. What makes Fast Invest different from the other platforms inside this article is that they usually propose loans with quite high yields (above 14%), so it's a great addition to your portfolio to raise your average return on investment. You can also completely automate your investments, so Fast Invest is also a platform where you can make completely passive Peer-to-Peer lending investments.

I've been investing on Fast Invest since 2018, and never had any issue with the platform. Here are my accumulated returns since I started to invest on the platform:

Best P2P Lending Platforms in Europe (December 2019 Update)

As you can tell, Fast Invest has been delivering consistently since the beginning, and I really recommend it to put in any investment portfolio.

Fast Invest Pros
Great returns
Buyback guarantee on every loan
Easy to use auto-invest function
Great user interface
Fast Invest Cons
No secondary market so far
#3 - Grupeer

The third platform (and the one I like more and more these days) I will mention here is Grupeer. Compared to other platforms, some of the loans available on the platforms are attached to real estate projects, for example, renovating a building. This makes it really interesting, as you can invest in 'typical' P2P lending loans but also directly in real estate development projects. Those real estate investments are actually listed on a separate page, so you can really get a lot of details about each of them before investing.

As for other platforms in this review, Grupeer also proposes a buyback guarantee on most of the loans present on the platform, which is something very nice to have as an investor. There is also a cool auto-invest feature, that is easy to set up and that can both invest in Peer-to-Peer lending loans as well as in real estate projects, to quickly obtain a diversified portfolio. Grupeer also has a very clear and easy to use interface, and excellent customer support that solved some issue that I had in a matter of minutes.

I've also been investing personally on Grupeer since 2018, and here is a graph showing my accumulated returns on the platform:

Best P2P Lending Platforms in Europe (December 2019 Update)

Similar to the first two platforms, I had solid results since the beginning on Grupeer, and therefore I really recommend having this platform in your portfolio.

Grupeer Pros
Great returns
Auto-invest function
Buyback guarantee on all loans
Real estate projects
Grupeer Cons
Sometimes limited loan volume
#4 - Bondora

The last platform I will mention here is Bondora, which is actually the first platform I ever invested in. Based in Estonia, this platform was for a long time the biggest platform in Europe outside of the UK. It has a very nice interface, a lot of loans available, and also an excellent portfolio manager that allows you to choose your level of risk and automatically invest for you. This makes it an excellent platform and I believe you should definitely allocate some part of your P2P lending investments on Bondora.

There are two things that I, however, don't like so much about Bondora. The first thing is that there is no buyback guarantee on the loans proposed by Bondora, therefore exposing you to more risk compared to other platforms like Mintos. However, the returns are usually higher than other platforms. The second thing I don't like that much is that there is no way to invest by hand, you need to use their portfolio manager. However, the portfolio manager is working very well and has given me consistent returns since the time I started investing on Bondora back in 2015. Here are my accumulated returns on the platform so far:

Best P2P Lending Platforms in Europe (December 2019 Update)

Except for some little issue at the start of 2019 (due to a bad setting on my side in the portfolio manager), I only had solid returns with Bondora. Therefore, I recommend it as well as a solid platform to put in any portfolio, given that you select safe settings in the portfolio manager.

Bondora Pros
Solid returns
Various settings for auto-invest
Great loan volume
Bondora Cons
No buyback guarantee

Those four platforms are really my favorite, and as you can see in the details of my portfolio I currently have investments in all of them. People often ask me which is the number one platform that they should invest in. It's difficult to really give an answer as I recommend diversification in several platforms, but I systematically answer Mintos as my favorite platform to get started in Peer-to-Peer lending investment. The platform is easy to use, most of the loans come with a buyback guarantee, and also they are always diversifying into more and more countries & loan originators. So definitely my number one pick when it comes to Peer-to-Peer lending.

Do you also have a favorite platform for P2P lending investments? Do you agree with my selection? Don't hesitate to comment below!

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Marekpepic 15 days ago
Looking for a legit loan lender contact marek with email: [email protected]
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David Richard 18 days ago
Hello, I am Mr. Muhammad loans Service Lender, we are a legit, registered and guaranteed loan company and we give out loans to individuals, companies, government establishments, churches and business organizations and people of all sorts. Are you in need of a loan for any purpose? Are you in a financial problem? Do you need financial solution cash world finance limited is the solution to all your financial problems, our loans are easy, cheap, and quick. Contact us today for that loan that you desire, we can arrange any loan to suit your budget at only 3% interest rate. If interested, contact us immediately via email,([email protected])
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David Richard 18 days ago
Hola, soy el prestamista del servicio de préstamos del Sr. Muhammad, somos una compañía de préstamos legítima, registrada y garantizada y otorgamos préstamos a personas, empresas, establecimientos gubernamentales, iglesias y organizaciones empresariales y personas de todo tipo. ¿Necesita un préstamo para algún propósito? ¿Estás en un problema financiero? ¿Necesitas una solución financiera? cash world finance limited es la solución a todos sus problemas financieros, nuestros préstamos son fáciles, baratos y rápidos. Contáctenos hoy para obtener el préstamo que desea, podemos organizar cualquier préstamo para que se ajuste a su presupuesto con una tasa de interés de solo 3%. Si está interesado, contáctenos de inmediato por correo electrónico ([email protected])
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Chris F. 24 days ago
Great article indeed! I agree about Mintos being my #1 choice when it comes to p2p investing. I’m also considering some other platforms. Have you heard about some of these? -> https://futuroh.es/ranking-plataformas-crowdlending/ I don’t know too much about some of them. Any advice? Thanks a lot. Cheers!
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Julien a month ago
For those who come from France or Belgium, I started crowdleding two years ago, I had time to test cool platforms like wesharebonds and www.lookandfin.com, however there are others (I won't name them) that are much less serious. I can only advise you to get the information you need before you take action!
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Christy Walton a month ago
Looking for a debt consolidation loan, unsecured loans, business loans, mortgage loans, car loans, student loans, personal loans, venture capital,bitcoin Loan , etc! I am a private lender, I provide loans to companies and individuals with a low and reasonable interest rates of 2%. Email to: [email protected]
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Colin Cornhole a month ago
Hi Marco. Can I use transferwise https://transferwise.com/invite/a/davidp3234 to send money to all these platforms ? Colin CORNHOLE
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giovani a month ago
Are you in need of personal or business loan? Contact us for loan application form and more info via email: [email protected]
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Vitaliy giovani 5 days ago
[email protected] no work email.
Kelli Bigbee a month ago
Announcement!!! The Bank Lending Survey (BLS) provides financial support to all interested business people, individuals in Europe and across the continent who intend to start small or large businesses. We offer loans at an affordable rate. Wait for the answer via official e-mail: [email protected] Signed; Kelli Bigbee (Advertiser)
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Vincent Feltkamp a month ago
The UK is more than 75% of the market in Europe, even after Brexit the UK will be in Europe. the Largest one in the UK, Zopa is much bigger than Mintos. It doesn't apparently allow investors nor creditors from outside the UK though.
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Bruno Leal 2 months ago
I've been investigating this P2P type of investments and I've invested for now in Mintos and Grupeer. I was planning to invest on Fast Invest, but I'm getting some "bad reviews" feedback in terms of company being trustworthy. For example, they have (or had at some point in time) offices in the UK, but they don't accept investors from the UK, they don't disclose the loans originators, etc. What is your view on this?
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