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.
Every platform goes through the same five checks, weighted equally. We read regulator registers and audited filings - not banners, not bonus pages. Read the full method →
Which licence the platform holds, and what it actually ring-fences if the platform fails.
Track record: do loans get repaid on time, and how are defaults actually recovered?
Advertised versus realised returns - after defaults, late loans and fees.
Audited filings, named owners and loan-level data an investor can check.
How fast you can get your money out, and what it costs you to leave.
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.
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.
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
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 licence and ~14.9% realised in 2025 - rare combo. Every loan comes from its own group, so you carry one family's credit risk.
Repaid EUR 51M of war-hit Ukrainian loans in full - a stress test most never face. Still leans on a single originator group.
Distressed Spanish mortgage debt with Nasdaq CSD custody and 20%+ realised on completed deals. Young model, lumpy payouts - size accordingly.
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-licensed Lithuanian property loans, ISO 27001, profitable. Shares owners with PeerBerry - hold one of the two, not both.
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Paid placement. 8lends sits outside our star ratings and has not been through the five checks. Read the 8lends review.
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.
BASICSThe money flow, who takes what cut, and what 9-15% really costs in risk.
RISKSix ways P2P loses money and the checklist that catches most of them early.
GETTING STARTEDA concrete first allocation across rated platforms - amounts, order, expectations.
REGULATIONMiFID II vs ECSP vs Swiss SRO - and the gap none of them cover.
RETURNSAdvertised vs realised, platform by platform - the data the banners skip.
COMPARISONThe 4.8-star yield leader against the licensed heavyweight.
Careful, balanced or yield-first - pick a mix, set your amount, get the split per platform in euros.
Build a portfolioThree scenarios with defaults and idle cash subtracted, side by side with an ETF and a bank deposit.
Built from regulator registers and audited filings, never from marketing decks.