20 European platforms rated out of 5 stars on five equal checks - protection, delivery, honest yields, transparency, exit. Built from regulator registers and audited filings, never from marketing decks.
Zurich, Switzerland · SME loans, real estate, factoring
The only platform pairing 14%+ yields with a spotless delivery record: one default in its history, covered in full. Swiss SRO supervision is AML-level with no compensation scheme - our review is upfront about exactly that trade-off.
Top pick
The rare combination: 14%+ yields and a spotless delivery record - one default ever, covered in full. Swiss SRO oversight is AML-only, and the review says so plainly.
ECSP Rental apartments instead of promises: the EU's only ECSP-licensed buy-to-let platform, five years without a capital loss. Slow and boring, by design.
MiFID II Europe's largest retail loan marketplace with a full MiFID II licence and up to EUR 20,000 compensation. The licence costs you yield - lowest on this list.
⚠ Compensation never covers borrower defaults
ECSP Baltic business loans with an InvestEU guarantee behind the platform - the first in the EU to get one. A diversifier, not a moonshot.
MiFID II MiFID II licence and ~14.9% realised in 2025 - rare combo. Every loan comes from its own group, so you carry one family's credit risk.
ECSP pending Repaid EUR 51M of war-hit Ukrainian loans in full - a stress test most never face. Still leans on a single originator group.
MiFID II Distressed Spanish mortgage debt with Nasdaq CSD custody and 20%+ realised on completed deals. Young model, lumpy payouts - size accordingly.
Unregulated A robot that has honoured its buyback since 2017 on 30-90 day loans. No licence and one owner group - a record, not a guarantee.
ECSP ECSP-licensed Lithuanian property loans, ISO 27001, profitable. Shares owners with PeerBerry - hold one of the two, not both.
ECSP EUR 273M funded, zero reported capital losses - but the company's own FY24 balance sheet shows negative equity. The platform is the question.
ECSP Irish ECSP licence and headline rates to 18% - with nearly all loans from one group whose solvency IS your buyback.
ECSP Agricultural loans with EU climate backing and an EIF cornerstone. Investors have historically realised several points below the advertised rate.
MiFID II A decade of history and a MiFID II licence, held back by legacy Russia exposure and weak recent investor reviews.
Unregulated High rates, concentrated ownership, no licence - and public statements that have not always matched filed accounts. We watch, we do not fund.
Unregulated Funds online brands through a claims-assignment model nobody has stress-tested in a downturn. Inventive - and unproven with your money.
ECSP The former star of property P2P now has roughly 60% of its portfolio in recovery. Licensed - but a workout desk, not a growth story.
⚠ ~60% of portfolio in recovery
MiFID II A 2026 independent investigation flagged related-network concentration and five CEO changes in three years. We stay out until disclosure improves.
Unregulated Warnings from multiple regulators and withdrawals frozen since February 2024. Effectively winding down - send nothing new.
⚠ Withdrawals frozen since Feb 2024
Unregulated An ownership network independent researchers keep questioning, and a total conflict of interest. The lowest rating we give.
Ratings refreshed monthly, same-day on material news. See exactly how the five checks work →
Through a platform, your money funds consumer, business or property loans across Europe. Advertised yields run 9-15% a year in 2026.
MiFID II brings up to EUR 20,000 compensation, ECSP brings conduct rules, Swiss SRO brings AML checks only, no licence brings nothing. None of them cover borrower defaults.
After defaults, recoveries and idle cash, investors typically keep 1-4 percentage points less than advertised. Our ratings and calculator start from that reality.
Experienced investors split money over 4-5 platforms and cap P2P at 20-30% of their portfolio. The builder gives you three ready-made mixes.
The money flow, 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 first allocation across rated platforms - amounts, order, expectations.
Read →MiFID II vs ECSP vs Swiss SRO - and the gap none of them cover.
Read →Advertised vs realised, platform by platform - the data the banners skip.
Read →Careful, balanced or yield-first - pick a mix, set your amount, get the split per platform in euros.
Open the builderThree scenarios, defaults and idle cash subtracted, side by side with an ETF and a bank deposit.
Open the calculator