European P2P Market Statistics 2026

Platforms tracked

We monitor 19 European P2P lending platforms that accept retail investors and publish verifiable data. The full comparison table sorts these by grade; this page presents the underlying numbers as citable fact.

Platforms enter the dataset when they hold a European regulatory licence or have operated for at least 24 months with public track records. Platforms exit when regulators revoke their licence, they voluntarily close to new investors, or peer-auditable data ceases to be available.

Grade distribution

Nine platforms qualify for the Green list - our shortlist for core P2P allocation. Five sit on the Watchlist (satellite money only, concentration or delivery concerns). Five remain on the Red list (public alerts, frozen withdrawals or structures we pass on).

Licence breakdown

European P2P platforms operate under three regulatory regimes: MiFID II investment-firm licences, ECSP (European Crowdfunding Service Provider) licences under the 2020 EU Regulation, or no retail-investor licence at all.

MiFID II licences enforce capital adequacy, client-money segregation and conduct rules. ECSP licences mandate disclosure and AML checks but carry lighter capital requirements and no compensation scheme for borrower defaults. Unregulated platforms include Swiss SRO members (AML-only supervision) and platforms that pre-date the ECSP regime and have not yet applied.

Country distribution

Latvia hosts six of the 19 tracked platforms - a legacy of Riga's early role as the Baltic fintech hub. Estonia, Lithuania and Croatia each host two to three platforms. Switzerland, Ireland and Hungary each host one.

Advertised vs realised yields

Most platforms advertise yields in the 9-15 per cent range. Realised returns - what investors actually receive after defaults, fees and delays - typically run one to four percentage points lower. Our deep-dive on real returns unpacks the gap.

Two platforms - Maclear and InRento - report realised yields within one percentage point of advertised figures over multi-year periods. Three platforms advertise above 15 per cent; only one (Indemo, discounted Spanish mortgages) has verifiable track record supporting the claim.

Failures and alerts

Five platforms on our Red list have faced regulator alerts, frozen withdrawals or unresolved questions that disqualify them from a shortlist. Public facts only:

The full failure-history guide documents every major European P2P platform that froze withdrawals or entered insolvency since 2015.

Investor-count estimates

Platforms disclose active-investor counts inconsistently. Mintos reports approximately 600,000 registered users across 11 years. PeerBerry disclosed 130,000 users as of 2023. Most other platforms do not publish figures. Estimated total: 800,000 to 1.2 million European retail investors hold positions across the tracked platforms, with significant overlap (many investors diversify across three to five platforms).

Assets under management

Only three platforms disclose live AUM or cumulative-funding figures in verifiable form. Mintos reports EUR 600 million-plus in current assets under management. Profitus (C+, Watchlist) reports EUR 273 million funded cumulatively. Twino (C, Watchlist) reports EUR 1.1 billion cumulative over ten years. Other platforms do not publish audited AUM data.

How to cite this data

This dataset is updated monthly and free to use with attribution. Ready citation string:

For academic or journalistic use, link directly to this page. For custom extracts or historical snapshots, contact us.

What the numbers do not tell you

Statistics describe the market structure; grades evaluate what protects your money. A platform can advertise 15 per cent, hold an ECSP licence and still carry concentration risk that lands it on the Watchlist. Another can operate unregulated, honour every buyback for eight years and earn a B grade.

The numbers answer "how many" and "how much". The grade list answers "should I trust this with my savings". Both matter.