The Best P2P Lending Sites in Europe 2021

March 8th, 2021
8 minutes read
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Choosing the right P2P lending platform might be harder than it seems. The first problem is the number of available sites: P2P Market Data registers over 150 platforms in Europe alone – studying each in detail before you decide is not something most investors are up for. 

The second issue lies with their variety – no two platforms are exactly the same. They differ in business models (e.g., they issue loans directly to borrowers or aggregate investments from loan originators), investment types (personal vs business loans, ready-made portfolios), underlying asset class (e.g., a property, a car or an enterprise), the level of investment protection (Buyback guarantee? Collateral? No protection?), and many more. 

Finally, some are simply better than others in terms of being regulated, transparent and financially healthy but also in offering useful investment functions and tools, user-friendly interfaces, quality customer service, and so on. 

Here’s a list of five of the best P2P lending platforms out there.

Best P2P Lending Sites in Europe


  • Launch date: 2015
  • Total capital invested: €6.1b+
  • Average annual interest rate: 12.79%
  • Minimum investment: €10
  • Investment fees: 0.85% fee for sales in the secondary market; 1% charge for currency conversions
  • Investment option(s): Business loans, consumer loans, car loans, invoice financing & more
  • Secondary market: Yes
  • Auto-invest function: Yes
  • Investor protection: Buyback guarantee

Mintos is the largest and most popular P2P lending site out there, accounting for almost half of the euro-denominated P2P lending market. The numbers are just impressive: 66 loan originators from 32 countries, over €6 billion-worth of loans funded and almost 400,000 investors earning on average 12.79% annually. Mintos offers all you can hope for: a variety and abundance of loans, a vibrant secondary market, a great track record, an easy-to-navigate interface and (almost) no fees. In 2020, Mintos introduced another game-changer – the Mintos strategies. You can simply choose a ready-made portfolio that fits your risk profile (“conservative”, “diversified” or “high-yield”), earn interest and cash out any time.

  • The award-winning and most popular platform
  • Good diversification and high returns
  • Ready-made, easy-to-use strategies that make investing simple
  • Loan originator default risk; loan originators not always fully trustworthy
  • Secondary market fee
  • Currency conversion fee


  • Launch date: 2017
  • Total capital invested: €404m+
  • Average annual interest rate: 10.18%
  • Minimum investment: €10
  • Investment fees: None
  • Investment option(s): Short-term consumer loans
  • Secondary market: No
  • Auto-invest function: Yes
  • Investor protection: Buyback guarantee, group guarantee

PeerBerry is the youngest platform on our list. Even though it was only launched four years ago, it managed to draw an impressive pool of investors. Its simple structure, high level of investor protection and well-designed auto-invest function make it particularly suitable for beginners.

  • Good growth and reputation
  • Beginner-friendly platform
  • Two-layer buyback protection
  • No secondary market
  • Lower historical returns than on Mintos
  • Short track record


  • Launch date: 2013
  • Total capital invested: €312m+
  • Average annual interest rate: 11.47%
  • Minimum investment: €50
  • Investment fees: 2% fee for sales on the secondary market
  • Investment option(s): Short-term real estate loans from the Baltics
  • Secondary market: Yes
  • Auto-invest function: Yes
  • Investor protection: Collateral (real estate)

EstateGuru is by far the largest real estate crowdfunding platform in Europe. It offers a wide variety of pre-vetted deals, solid interest rates and a zero default rate so far. As a bonus, the user-friendly interfaces and useful analytical tools, such as the diversification score (it shows how well diversified your portfolio is), help you make informed choices and make investing easier. An average EstateGuru deal stands at €150,000, originates from Estonia, is secured by a first-rank mortgage and repaid in 11 months (3 months before the maturity).

  • Trusted by the crowd
  • Competitive returns and a good variety of projects
  • User-friendly interface and useful analytical tools
  • €250 minimum investment on the advanced auto-invest function
  • Limited geographical diversification options
  • 2% fee for sales on the secondary market


  • Launch date: 2014
  • Total capital invested: €518m+
  • Average annual interest rate: 5-6%
  • Minimum investment: €20
  • Investment fees: None
  • Investment option(s): Business loans to French, Italian, Dutch and Spanish SMEs
  • Secondary market: No
  • Auto-invest function: No
  • Investor protection: None

October might seem an odd choice – no secondary market, auto-invest nor any kind of protection from default. But it’s a top European P2P business financing platform for a reason – highly selective application process (only 1 out of 100 companies is accepted to the platform), extremely low default rates (below 3%), monthly principal and interest repayments. Above all, October’s excellent transparency and track record make investing on this platform worthwhile.

  • Excellent track record
  • A very robust due diligence process
  • Very low default rates
  • No early exit or auto-invest options
  • Lack of protection against default
  • Relatively low returns


  • Launch date: 2015
  • Total capital invested: €53m+
  • Average annual interest rate: 3-7%
  • Minimum investment: €500
  • Investment fees: None
  • Investment option(s): Real estate rental deals and development loans in Germany and Austria
  • Secondary market: No
  • Auto-invest function: Yes
  • Investor protection: Collateral (real estate)

Rendity is a safe haven for your real estate crowdfunding investments. It offers two kinds of deals: Rendity Income focuses on long-term rental projects (up to 7 years) with slim but secure interest rates of roughly 3-4% and steady income via rent payments and quarterly interest distributions. Rendity Growth involves development loans, which last shorter (typically between 18 and 30 months) and offers slightly higher interest rates (4-7%) but no recurrent repayments – the principal is repaid at the end of the term. It is a perfect choice if you prefer safe investment options and exposure to established Austrian and German property companies.

  • Low investment risk
  • Diversification between rental and development deals
  • Investment in real estate companies with a good track record
  • Very limited early exit options
  • High minimum investment
  • Relatively low returns

Which P2P Lending Platform in Europe is the Best?

The answer is as usual – “it depends”. For investors who want to, for the sake of simplicity, limit their P2P lending investments to one platform, Mintos is probably the best choice as it offers clear-cut investment strategies and decent diversification. Beginners might also consider PeerBerry with its very friendly and simple interface and increased investment protection. EstateGuru is one of the top platforms for those who want to put some money in the real estate sector and look for relatively higher returns. October and Rendity address the needs of more risk-averse investors, offering low-risk, low-return investments in small business development and property rental and development, respectively. If you still aren’t sure which platform suits your particular needs, you can check out our guide to choosing the right P2P lending platform.


When choosing the top startup equity crowdfunding investment sites in Europe, we considered a variety of factors such as:

  • Number of investors
  • Minimum investment requirement
  • Historical annual returns
  • Diversification opportunities
  • Reinvestment opportunities
  • Educational and informational offerings
  • Platform fees
  • Total capital invested
  • Features (such as secondary market and automatic investing)
  • General transparency (the difficulty of finding who the owners are, how they make money on the platform(fees), terms & conditions and more)
  • Management team

We also look into the company’s online reputation (for example customer reviews, news, complaints, average monthly searches and social media).