How We Score Platforms
Six dimensions, weighted by investor impact. Published formula, unchanged since launch. Rescored monthly.
Read the methodology →Every scored platform plus 8lends side by side. Filter by regulation, minimum investment, loan type and advertised return. Rescored monthly.
All 19 scored P2P lending platforms plus 8lends (sponsored). Click any platform name to read the full review with score breakdown, strengths, risks, track record and investor compensation details. Capital is at risk; returns are not guaranteed.
| Rank | Platform | Score | Tier | Adv. return | Min invest | Auto-invest | Regulation | Since |
|---|---|---|---|---|---|---|---|---|
| 1 | Maclear | 9.3 | 1 | 14.5-14.9% | EUR 50 | Yes | Swiss SRO (AML) | 2022 |
| 2 | InRento | 8.7 | 1 | ~11.8% | EUR 500 | No | ECSP (LT) | 2020 |
| 3 | Mintos | 8.5 | 1 | 9-11% | EUR 50 | Yes | MiFID II (LV) | 2015 |
| 4 | Capitalia | 8.2 | 2 | ~10.5% | EUR 200 | Yes | ECSP (LV) | 2017 |
| 5 | Nectaro | 8.1 | 2 | ~14.9% | EUR 10 | Yes | MiFID II (LV) | 2016 |
| 6 | PeerBerry | 8.0 | 2 | ~11% | EUR 10 | Yes | ECSP pending | 2017 |
| 7 | Indemo | 7.7 | 2 | 21-22% | EUR 10 | Yes | MiFID II (LV) | 2022 |
| 8 | Robocash | 7.4 | 2 | 9-13% | EUR 10 | Yes | Unregulated | 2017 |
| 9 | Crowdpear | 7.2 | 2 | 10.6-14% | EUR 100 | No | ECSP (LT) | 2021 |
| 10 | Profitus | 6.4 | 3 | ~10% | EUR 100 | Yes | ECSP (LT) | 2017 |
| 11 | Lendermarket | 6.1 | 3 | 15.6-18% | EUR 10 | Yes | ECSP (IE) | 2019 |
| 12 | InSoil | 5.7 | 3 | ~13% | EUR 100 | - | ECSP (LT) | 2020 |
| 13 | Twino | 5.4 | 3 | 10-13% | EUR 10 | Yes | MiFID II (LV) | 2015 |
| 14 | Hive5 | 4.7 | 3 | 12-14.5% | EUR 10 | Yes | Unregulated | 2022 |
| 15 | Scramble | 4.4 | 4 | 12.4-25% | EUR 10 | No | Unregulated | 2020 |
| 16 | EstateGuru | 4.1 | 4 | ~10.4% | EUR 50 | - | ECSP (EE) | 2013 |
| 17 | Debitum | 3.6 | 4 | ~11.4% | EUR 10 | Yes | MiFID II (LV) | 2017 |
| 18 | Reinvest24 | 2.9 | 4 | ~14.6% | EUR 100 | - | Unregulated | 2017 |
| 19 | Loanch | 2.4 | 4 | 13-14.5% | EUR 10 | - | Unregulated | 2022 |
| - | 8lends Sponsored | - | - | up to 25% APR | - | - | - | - |
8lends is a featured sponsored partner outside the scored index. All other platforms are scored monthly using the P2PScore methodology. Scores reflect data available as of January 2026.
European P2P lending platforms operate under three distinct regulatory frameworks, each with different investor protections and compliance obligations. Understanding these differences helps you assess structural risk before depositing capital.
Mintos, Nectaro, Indemo, Twino and Debitum hold MiFID II (Markets in Financial Instruments Directive II) investment-firm licences issued by Latvijas Banka or Central Bank of Ireland. MiFID II platforms must segregate client funds from operational accounts, maintain minimum capital buffers, file audited annual reports, and participate in national investor compensation schemes that cover up to EUR 20,000 per investor on eligible claims if the platform becomes insolvent. Investor compensation never covers borrower defaults - it protects only against platform bankruptcy. MiFID II platforms offering loan notes or bonds are subject to ongoing supervision by national central banks.
InRento, Capitalia, PeerBerry, Crowdpear, Profitus, Lendermarket, InSoil and EstateGuru hold ECSP authorisations under the EU Crowdfunding Regulation that came into force in November 2021. ECSP licences require platforms to conduct AML checks, disclose risk warnings, implement conflict-of-interest policies, and meet EU-wide conduct standards. ECSP platforms do not carry investor compensation schemes and are not required to segregate funds to the same degree as MiFID II firms. ECSP authorisation from one EU member state allows cross-border crowdfunding across the entire European Economic Area.
Maclear, Robocash, Hive5, Scramble, Reinvest24 and Loanch operate without MiFID II or ECSP authorisation. Maclear holds Swiss SRO (self-regulatory organisation) membership under PolyReg, which covers AML obligations only and does not bring investor compensation. PeerBerry applied for ECSP authorisation and is listed as pending. Unregulated platforms are not subject to capital adequacy requirements, client-fund segregation rules or mandatory annual audits by independent accounting firms. Investors bear full counterparty risk on both platform solvency and borrower defaults.
Minimum investment thresholds determine portfolio diversification potential. Lower minimums allow retail investors to spread EUR 1,000-5,000 across 10-50 individual loans or property projects, reducing single-borrower concentration risk.
Auto-invest functionality at Maclear, Mintos, Capitalia, Nectaro, PeerBerry, Indemo, Robocash, Crowdpear, Profitus, Lendermarket, Twino and Hive5 automates diversification across criteria you define (loan grade, LTV, geography, remaining term). Real-estate platforms InRento, Scramble, EstateGuru and Reinvest24 typically require manual selection per property project.
Platform specialisation shapes risk-return profiles. SME and consumer loans carry higher default risk but offer buyback guarantees (where the originator remains solvent). Real-estate loans are secured by property but liquidity depends on foreclosure timelines and secondary-market depth.
Maclear (Swiss SME, factoring, real estate), Capitalia (Baltic SME and factoring under InvestEU guarantee), Mintos (diversified loan notes including business), Nectaro (related-party business notes), Scramble (DTC-brand working capital) and Debitum (SME notes, invoices, land) provide exposure to small and medium enterprises. Maclear and Capitalia offer first-loss protections or partial guarantees. Mintos and Nectaro pool loans into notes where investors buy tranches of a diversified portfolio. Debitum uses a related-network originator structure flagged by an independent 2026 investigation.
PeerBerry (consumer, leasing), Robocash (short-term consumer), Lendermarket (consumer financing via Creditstar), Twino (consumer, rentals, invoices) and Loanch (Southeast-Asia consumer) specialise in unsecured retail lending. PeerBerry repaid EUR 51 million in Ukraine-war loans in full. Robocash has maintained consistent buyback since 2017 on loans originated by its own group. Lendermarket depends near-entirely on Creditstar solvency. Twino historically served Russia and holds EUR 1.1 billion cumulative volume but recent investor reviews report delays.
InRento (buy-to-let properties, rent-backed), Crowdpear (Baltic real-estate development), Profitus (development and rental), EstateGuru (property-backed loans, workout phase) and Reinvest24 (equity SPVs, withdrawals suspended) focus on property-secured lending. InRento is the only ECSP-authorised buy-to-let platform and has reported zero capital losses in five years. Crowdpear achieved profitability in 2024. Profitus has EUR 273 million funded with zero reported defaults but negative FY24 shareholder equity. EstateGuru entered workout phase in 2024 with approximately 60 percent of portfolio in recovery. Reinvest24 suspended investor withdrawals in February 2024 following multiple regulator alerts.
Indemo purchases discounted Spanish non-performing mortgages at 30-50 percent of outstanding balance and passes realised recovery gains to investors. Indemo delivered 23 percent average return on 13 completed deals since 2022. Loans are held at Nasdaq CSD under MiFID II custody rules. The model is young and payouts are lumpy (6-18 month cycles).
P2PScore assigns each platform a numerical score from 0.0 to 10.0 using six weighted dimensions. The full methodology is published and unchanged since launch.
MiFID II licences with investor compensation score highest. ECSP authorisations score mid-range. Unregulated platforms or those under regulator investigation score lowest.
Weighted by reported default rate, buyback fulfilment, loan-loss provisions in audited accounts, and recovery timelines on non-performing loans.
Independent third-party originators score highest. Related-party or 100-percent group concentration reduces score. Ownership transparency and conflict-of-interest disclosures affect weighting.
Years in operation, cumulative volume funded, shareholder equity (positive vs negative), profitability, and independent reviews or investigations.
Difference between advertised return and realised net return after fees, secondary-market discounts, and early-exit penalties. Platforms where realised yield is within 1 percentage point of advertised score highest.
Secondary-market depth, auto-invest functionality, withdrawal speed, platform uptime, and user-interface quality. Real-estate projects without secondary markets score lower on liquidity.
Scores are recalculated monthly. Material events (regulator alerts, suspended withdrawals, ownership changes, independent investigations) trigger immediate re-evaluation. The most recent rescoring was completed in January 2026.
Mintos, Nectaro, Twino and Debitum hold MiFID II investment-firm licences issued by Latvijas Banka or Central Bank of Ireland, which bring up to EUR 20,000 investor compensation on eligible claims through national schemes. Investor compensation never covers borrower defaults - it protects against platform insolvency only. MiFID II platforms must segregate client funds, maintain capital buffers, and file audited annual reports. InRento, Capitalia, PeerBerry, Crowdpear, Profitus, Lendermarket and InSoil hold ECSP (European Crowdfunding Service Provider) authorisations, which require EU-wide conduct standards and AML checks but do not carry investor compensation schemes.
P2PScore assigns each platform to one of four tiers based on a weighted scoring model: Tier 1 (scores 8.5-10.0) represents platforms with MiFID II or ECSP regulation, multi-year profitable track records, transparent originator structures and verified low default rates. Tier 2 (scores 7.0-8.4) covers established platforms with one or more structural weaknesses such as heavy originator concentration, pending regulation, or realised returns materially below advertised rates. Tier 3 (scores 5.5-6.9) indicates platforms with elevated risks including negative equity, suspended withdrawals, or regulator alerts. Tier 4 (scores below 5.5) flags platforms where independent investigations have raised serious questions about ownership networks, conflict of interest, or material divergence between public statements and audited accounts.
The full comparison table lists minimum investment thresholds ranging from EUR 10 (Mintos, Nectaro, PeerBerry, Indemo, Robocash, Lendermarket, Twino, Hive5, Scramble, Debitum, Loanch) to EUR 500 (InRento). Maclear requires EUR 50, Capitalia EUR 200, and Crowdpear, Profitus, InSoil, EstateGuru and Reinvest24 each require EUR 100. Auto-invest functionality is available at Maclear, Mintos, Capitalia, Nectaro, PeerBerry, Indemo, Robocash, Crowdpear, Profitus, Lendermarket, Twino and Hive5. Real-estate platforms InRento, Scramble, EstateGuru and Reinvest24 typically offer manual selection per project. The table shows these attributes in dedicated columns so you can identify platforms matching your investment size and automation preference.
P2PScore rescores all 19 platforms monthly using six weighted dimensions: regulation (25 percent), defaults and recovery (20 percent), originator structure (15 percent), track record (15 percent), fees and net yield (15 percent), and liquidity plus user experience (10 percent). Regulatory status is verified against national registers maintained by Latvijas Banka, Bank of Lithuania, Central Bank of Ireland, FINMA-recognised Swiss SROs and ESMA. Advertised returns are cross-checked with audited annual reports where available. Material events such as regulator alerts, suspended withdrawals or ownership changes trigger immediate re-evaluation. The table was last updated in January 2026 and will be refreshed again in February 2026.
Six dimensions, weighted by investor impact. Published formula, unchanged since launch. Rescored monthly.
Read the methodology →Score 9.3. Swiss-regulated. 14.5-14.9% on SME loans. Single default covered in full. EUR 30 bonus on first deposit.
Full Maclear review →Regulation types compared. MiFID II vs ECSP vs unregulated. Default rates, buyback track records, investor compensation explained.
Read the safety guide →Maclear scores 9.3 - the highest-rated platform on P2PScore. Swiss-regulated, 14.5-14.9% advertised return on secured SME loans, EUR 50 minimum, auto-invest. New investors receive EUR 30 bonus on first deposit. Capital is at risk.
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