Funding Report for May 2026

Digital private markets fall to €217M in May as funding activity reaches 12-month low

May recorded €216.8 million in online funding across digital lending and regulated crowdfunding platforms, representing a 5 percent decline from April and a 24 percent decrease compared to the same month last year.

Unlike previous months, the slowdown was broadly distributed across the market. Consumer lending, SME financing, and real estate debt all recorded declines, pushing total funding volume to its lowest monthly level in the past twelve months.

Despite the weaker headline figures, investor activity remained concentrated around a handful of platforms. PeerBerry, Income Marketplace, Esketit, Afranga, and CG24 Group all posted strong month-over-month growth, demonstrating that capital continues to rotate toward selected opportunities rather than leaving the market altogether.

What the data shows

May marks the second consecutive monthly decline following March's recovery, suggesting that the rebound was not yet strong enough to establish sustained momentum across the market.

The largest drag on overall funding came from several of the market's biggest participants. Mintos recorded an 11 percent decline, reducing monthly volume by more than €10 million. Profitus fell 39 percent, while Swaper experienced one of the sharpest pullbacks in the market with funding volumes declining 75 percent month-over-month. TWINO also recorded a significant contraction, falling 60 percent from April levels.

At the same time, several platforms delivered strong growth. CG24 Group nearly tripled its monthly funding volume to €12.6 million, becoming the largest direct crowdfunding platform during the month. PeerBerry expanded 35 percent, Income Marketplace grew 34 percent, and Esketit increased 70 percent compared to April. Afranga also continued its recovery, rising 65 percent month-over-month.

Mintos remained the market's largest platform with €79.6 million in monthly funding despite the decline. Together, Mintos and PeerBerry accounted for more than half of all funding tracked during May, highlighting the growing concentration of investor capital among a handful of established platforms.

The overall picture is not one of capital leaving digital private markets entirely. Rather, the data suggests investors are becoming increasingly selective, concentrating allocations on platforms and investment opportunities they know well while reducing exposure elsewhere. Although funding activity remains below last year's levels, capital continues to rotate actively within the ecosystem.

May 2026 Market Highlights

• Total funding in May 2026: €216,821,625.
• May 2026 was 5% lower than last month.
• May 2026 was 24% lower than the same month last year.
• May's funding distribution across categories revealed:
  • Consumer Debt: €157M (↘ -6%)
  • SME Business Debt: €11M (↘ -1%)
  • Real Estate Debt: €47M (↘ -3%)
• The monthly volume reached its lowest level in the last 12 months.

May 2026 Updates

May also saw the addition of Digilo, a Latvia-based marketplace lending platform focused on real estate financing. The platform has joined P2PMarketData and will begin reporting funding volumes once its first investments are funded.

Investors interested in newer platforms can now explore our initial Digilo Analysis, covering the platform's investment offering, risk considerations, and how it fits within the broader real estate lending market. Those looking at alternative asset classes may also find value in our interview with Laimonas Noreika, CEO of InSoil, where he explains how agricultural financing works and what investors should understand before investing in farming loans.

Behind the scenes, we are preparing the next major version of P2PMarketData. The upcoming release will introduce new research and screening tools designed to help investors discover, compare, and evaluate private market investment opportunities more efficiently.

The new version is currently being tested by a group of investors ahead of launch. If you are an active investor in crowdfunding or digital lending and would be interested in getting involved, feel free to reach out. If you would like to stay informed about the launch, consider subscribing to our newsletter, where we share platform research, interviews, market insights, product updates, and early access announcements.

Direct Crowdfunding: May 2026 Funding Amounts

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

Loan Reselling Platforms: May 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 May 2026

Here is a breakdown of the capital raised on all platforms participating in the monthly funding report of May 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.