Filter every European P2P lending site by licence, loan type, deposit and yield - then read the grade before your money boards. A+ to D, built on regulator registers and audited filings, never on marketing.
The only platform to combine 14%+ yields with a spotless delivery record: one default in its history, covered in full. Supervision is Swiss SRO - AML-level, no compensation scheme - and our review is blunt about what that means.
Five weighted checks behind every grade: protection 30%, delivery 20%, yield reality 20%, structure 15%, exit 15%.
Swiss SME project lending with the cleanest delivery record in the high-yield bracket - the one project that defaulted was repaid in full. Supervision is AML-level only, so read the trade-off before you click invest.
Rental apartments instead of promises: the EU's only ECSP-licensed buy-to-let platform, five years without a capital loss. Slow, boring, and that is the point.
The heavyweight: Europe's largest retail loan marketplace with a full investment-firm licence and up to EUR 20,000 compensation. You pay for that licence with the lowest yields on this list.
⚠ Compensation never covers borrower defaults
Baltic SME loans with an InvestEU guarantee behind the platform - the first crowdfunding site in the EU to get one. A diversifier, not a rocket.
Rare combo: MiFID II licence AND ~14.9% realised in 2025. The catch - every loan comes from its own group, so you hold one family's credit risk.
Repaid EUR 51M of war-hit Ukrainian loans in full - a stress test most platforms never face. Still leans hard on a single originator group.
Discounted Spanish mortgage debt, custody at Nasdaq CSD, 20%+ on completed deals. Young model, irregular payouts - size it like the specialty bet it is.
A robot that has honoured its buyback since 2017 on 30-90 day loans. No licence, one owner group - a record, not a guarantee.
ECSP-licensed Lithuanian property loans, ISO 27001, profitable. Shares owners with PeerBerry - hold one of the two, not both, if you care about diversification.
EUR 273M funded and zero reported capital losses - but the company's own FY24 balance sheet shows negative equity. The loans look fine; the platform is the question.
Irish ECSP licence, headline rates up to 18% - and nearly all loans from one group whose solvency IS your buyback. Yield with a single point of failure.
Farm loans with EU climate backing and an EIF cornerstone. Historically, investors realised several points less than advertised - price that gap in.
A decade of history and a MiFID II licence, but legacy Russia exposure and sour recent investor reviews keep the grade down.
High rates, concentrated ownership, no licence - and public statements that have not always matched the filed accounts. We watch it; we do not fund it.
Funds e-commerce brands through a claims-assignment model nobody has stress-tested in a downturn. Inventive - and unproven with your money.
The former star of property P2P now has roughly 60% of its portfolio in recovery. Licensed, yes - but this is a workout desk, not a growth platform.
⚠ ~60% of portfolio in recovery
A 2026 independent investigation flagged heavy related-network concentration and five CEO changes in three years. Licence or not, we stay out until disclosure improves.
Warnings from multiple regulators and withdrawals frozen since February 2024. Effectively winding down - do not send new money.
⚠ Withdrawals frozen since Feb 2024
Southeast-Asian consumer loans behind an ownership network independent researchers keep asking questions about. Total conflict of interest. Hard pass.
Collateral-backed business loans advertising up to 25% APR. A paid placement - which is exactly why it sits outside the grades. Read the review before deciding anything.
Grades refreshed monthly, same-day on material news. See exactly how grading works →
Through a platform, your money funds consumer, business or property loans across Europe. Interest lands monthly - typically 9-15% a year advertised in 2026.
MiFID II brings up to EUR 20,000 compensation, ECSP brings conduct rules, Swiss SRO brings AML checks only, unregulated brings nothing. No licence covers borrower defaults.
After defaults, recoveries and idle cash, investors typically keep 1-4 percentage points less than advertised. Our grades and calculator price that gap in.
Seasoned investors split money across 4-5 platforms and cap P2P at 20-30% of their portfolio. One platform is a bet, not a strategy.
How the money flows, who takes what cut, and what 9-15% really costs in risk.
Read →Six ways P2P loses money and the checklist that catches most of them early.
Read →A concrete split across graded platforms - amounts, order, and what to expect monthly.
Read →What each licence actually guarantees when a platform gets in trouble.
Read →Advertised vs realised, platform by platform - the gap the banners never mention.
Read →The A+ high-yielder against the licensed heavyweight - who fits which investor.
Read →Platform calculators show compound fantasy. Ours subtracts defaults and idle cash across three scenarios, then lines the result up against an ETF and a bank deposit.
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