P2P Lending in Croatia

September 21st, 2020
2 minutes read

The Croatian Market for Crowdfunding and Peer-to-Peer Lending

According to data from the latest report by Cambridge Centre for Alternative Finance (CCFA) on the global market of alternative finance and crowdfunding, Croatia had a total funding volume of €533,000 in 2018, up from €460,000 in 2017. This makes Croatia a rather small crowdfunding market placed as number 36 in Europe with the primary player being Robocash, an originator lending platform. The countries topping the list in Europe are the United Kingdom, the Netherlands, Germany, France, and Italy.

Best Peer-to-Peer Lending Platforms in Croatia

Here, you will find a list of the best peer-to-peer lending platforms in Croatia. When choosing the best peer-to-peer lending sites in a country we consider a variety of factors that you can find in the Methodology below.

Taxation on Peer-to-Peer Loans in Croatia

Probably since the market for peer-to-peer lending in Croatia is still underdeveloped, it was not possible to locate any official statements on how P2P lending is taxed. On Robocash, no tax is withheld from investors, but the income earned on the platform is subject to tax per the legislation of given investor’s country.

To get a more in-depth overview of the Croatian tax system for both companies and individuals, we can recommend this tax summary overview made by PwC.

Regulation on Peer-to-Peer Lending and Crowdfunding in Croatia

Regulation of peer-to-peer in Croatia is based on general national legislation as there is still a lack of common rules for crowdfunding in the European Union. However, this might change in the foreseeable future as the European Commission in March 2018 presented a proposal for a regulative framework on crowd and P2P finance as part of their Fintech Action Plan. You can read more about the state of crowdfunding regulation in Croatia in the European Crowdfunding Network Factsheet for Croatia.

Methodology

At P2PMarketData we are dedicated to providing an unbiased overview of the Peer-to-Peer Lending market and platforms. Among other, in our mission to bring more transparency to the market for online lending we track over 70 platforms funding volumes.

When choosing the best platforms in a country we have 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).