Funding Report for January 2026

Funding normalizes as volumes retreat to €256m in January 

January’s €256 million in online funding marks a clear cooling from December’s €312 million, with volumes declining 18 percent month-over-month and 7 percent year-over-year. The drop pushes total activity to the lowest monthly level recorded in the past twelve months.

Unlike December, which showed broad distribution across platforms, January reflects a more synchronized pullback across categories. The slowdown was not isolated to one segment or one dominant platform. It was visible across consumer lending, SME debt, and real estate financing alike.

Consumer debt remained the dominant driver of volume at €209 million but declined 12 percent month-over-month. SME and small business lending fell more sharply, down 30 percent to €14 million. Real estate debt experienced the steepest contraction, declining 38 percent to €32 million, reflecting both seasonality and the absence of large individual project spikes.

The underlying picture suggests normalization after the stronger year-end momentum seen in Q4. Capital has not exited the market structurally, but allocation appears more selective and measured at the start of 2026.

Structural Developments Behind the Numbers 

While funding volumes declined, several platforms introduced structural and product updates that may influence investor behavior in the coming months.

PeerBerry launched its long-anticipated secondary market, allowing investors to sell existing loan investments prior to maturity. The addition meaningfully improves liquidity on a platform previously characterized by longer holding periods and limited exit flexibility.

Estateguru published a six-month update on EG Grow, its automated fixed-return product, signaling continued focus on simplified yield solutions within real estate debt. The platform also strengthened its regional capacity with the appointment of Jüri Preobraženski as Head of Baltic Real Estate Financing, reinforcing origination and underwriting capabilities.

Lendermarket introduced Gatelink as a new independent loan originator, expanding diversification beyond affiliated originators. The platform also announced upcoming changes to deposit and withdrawal procedures, adjusting operational processes around capital flows.

Nectaro released a platform upgrade, introducing interface improvements and enhanced filtering tools aimed at improving investor screening efficiency.

These developments suggest that despite lower volumes, platforms are investing in liquidity tools, diversification, and operational refinement, positioning for the next phase of capital growth rather than reacting defensively to the slowdown.

January 2026 Market Highlights

• Total funding in January 2026: €256,171,069.
• January 2026 was 18% lower than last month.
• January 2026 was 7% lower than the same month last year.
• January's funding distribution across categories revealed:
  • Consumer Debt: €209M (↘ -12%)
  • SME Business Debt: €14M (↘ -30%)
  • Real Estate Debt: €32M (↘ -38%)
• The monthly volume reached its lowest level in the last 12 months.

January 2026 Milestones

• InSoil surpassed €100 million in total funded loans since inception, marking a significant step for the Lithuanian SME-focused platform. While monthly volumes moderated in January, the cumulative milestone reflects steady scaling rather than episodic growth. Reaching the €100 million threshold places InSoil among the more established small-business lending platforms operating under the European Crowdfunding Service Provider regime and signals increasing repeat investor participation.
• Lendermarket reached €600 million in total funded loans, reinforcing its position as a major player within the loan-reselling segment. The milestone reflects sustained investor allocation over multiple market cycles and continued expansion of its loan originator network. As platforms compete on diversification and liquidity features, scale at this level strengthens Lendermarket’s market presence and operating leverage heading into 2026.

Direct Crowdfunding: January 2026 Funding Amounts

Here is the amount of capital raised on each direct crowdfunding platform over the past month:

Loan Reselling Platforms: January 2026 Funding Amounts

Here is the amount of capital raised on each marketplace reselling loans over the past month:

Total funding amount over the last year (€ million)

Here is the development in capital raised over the past 12 months:

Funding amount by category and license in January 2026

Here is a breakdown of the capital raised on all platforms participating in the monthly funding report of January 2026, categorized by platform and licensing status:

^*The data contained in this report is directly provided by the third-party companies and has not been independently verified by P2PMarketData. This data is submitted either manually via the Platform Portal or through API integration.