Kviku Finance Review

Loan Originator Marketplace for Kviku Group Loans

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Kviku Finance

Kviku Finance is a P2P loan originator marketplace that offers investments in consumer loans. The lending opportunities on the platform come from Kviku Group’s portfolio of loan originator companies. Kviku Group has since 2013 been considered a pioneer within the field of online loans in Europe and Asia, and they are one of the fastest growing fintech lending groups in the world offering consumer loans with quick payout time in Russia, Kazakhstan, Ukraine, Spain, Poland, and the Philippines.

Company Name:Kviku Finance
Ownership:Kviku Holding Ltd.
Founders:Lomakin Nikita Alexandrovich and Lipsky Veniamin Veniaminovich
IPO Status:Private
Business Area:Loan Originator Lending
Countries of Operation:Russia, Kazakhstan, Ukraine, Spain, Poland, and the Philippines
Number of Investors:741
Reports:2019 Financials

Office location in Cyprus

Table of Contents

Kviku Finance Pros & Cons



Characteristics of Loans

Interest Rates

10% – 15%

Loan Durations

90 days or less



Buy-back Guarantee

Minimum Investment ⇙


Loans on Kviku Finance

Kviku Finance is a P2P investment platform owned by the international holding company Kviku Group whose lending portfolio is financed through their own funds and with the help from small investors as well as institutional investors within Europe and Asia. Currently, Kviku Finance is present in six countries: Russia, Kazakhstan, Ukraine, Spain, Poland, and the Philippines. Their aim for 2021 is to go live in India, Vietnam and Indonesia as well, thus adding three more countries to their portfolio.

Kviku Finance mainly issues loans through these three product types:

  • Virtual Credit Cards
  • Point of Sale Loans
  • Lines of Credit

The virtual credit cards come with a loan size of up to 1,000 EUR and run over a period of maximum 1 year. With a POS (Point of Sale loan), borrowers can receive up to 2,000 EUR with a maturity period of between 2 and 12 months. Customers with a good credit score can apply for a line of credit of up to 3,000 EUR which lasts up to 6 months.
The way it works is that borrowers apply for one of these three financial products which are financed by loan originators within Kviku Group. As soon as a borrower has been approved for a loan, it will become available for investors in the overview of investment options on the platform.

Investors that sign up to this peer-to-peer platform will be presented with the opportunity of investing in existing loans with a repayment history. The specific loan types that are available might vary, and investors can find mortgage, leases and consumer loans, just to mention a few. 

As an investor, you should pay special attention to the fact that not all loans are secured. Therefore, make sure to double check whether a loan is secured or not, before you realize an investment. At least if you wish only to invest in secured loans – which is fully possible, of course.

Regarding the borrowers’ credit score, Kviku Finance has since their beginning in 2013 developed an innovative technology allowing them to thoroughly evaluate potential borrowers’ creditworthiness as well as verifying their identity online. This adds another level of security looking at it from an investor’s perspective since borrowers’ ability to pay back the loan is being scrutinized beforehand.

All investments through Kviku Finance are done automatically with their AutoInvest feature. This means, in other words, that users cannot manually choose what loans to invest in; instead, the platform invests on your behalf based on selected criteria. You can read more about automatic investing on Kviku Finance further down in this review.

Kviku Finance BuyBack Guarantee

All loans on Kviku Finance’s P2P lending platform are covered by a BuyBack Guarantee. A BuyBack Guarantee is a guarantee issued by the loan originator with the purpose of protecting investors’ capital in individual loans. In the unfortunate event of a delayed loan or loan default, the loan originator will automatically repurchase the loan from the investor at the nominal value of the outstanding principal plus all accrued interests.

BuyBack Guarantees can be activated when a loan is delayed by more than 30 or 60 days. On Kviku Finance, loan originators will buy back loans from investors if loan repayments are delayed with more than 30 days and, consequently, compensate investors for the invested capital as well as the accrued interest rates.

What Happens if a Loan Originator or Kviku Finance Goes Bankrupt?

When investing in loans on Kviku Finance, you are actually investing through so-called loan originators. These loan originators operate under supervision from local regulatory institutions (e.g. the Central Bank in Russia and Kazakhstan, the Securities and Exchange Commission in the Philippines, and ASNEF in Spain), and the loan originators’ obligations are secured by guarantees from Kviku Group, LLMC AirLoans, Kviku Global Ltd, Kviku Lending Ltd, and TOO MFO Kviku. 

The investment structure on Kviku Finance is indirect, meaning that investors are indirectly investing in loans through loan originators. In case of insolvency, this means that investors hold claims against the loan originators based on assignment agreements.

You can find more information about what actions will be taken if Kviku Finance goes bankrupt under section 12 in their User Agreement.

Assets as Collateral

Kviku Finance only offers unsecured, pre-financed, long-term loans. Of course, this adds another level of risk for investors, since there is no asset as collateral to back up the loan in case of default and, in the end, the repayment of loans depends solely on the individual borrower. In this regard, Kviku Finance applies one important risk mitigating factor: they make sure to analyse all borrowers’ creditworthiness before approving the loan. In other words, only borrowers who have an above-average credit score will be able to apply for a loan, thus reducing the risk of borrower default.

Platform Features

Manual Investing on Kviku Finance

Kviku Finance does not offer manual investing in loans on their Primary Market. Therefore, in order to be able to invest in loans from the platform, you would need to create a portfolio for automatic investing, which the article will explain to you more in detail below.

Automatic Investing with Kviku Finance’s AutoInvest Feature

The only way to invest in loans on Kviku Finance is through their AutoInvest feature. Therefore, in order to start investing, you will have to create one or more portfolios based on which the platform automatically invests in loans that match a range of defined criteria as they become available on the platform. The biggest advantage with this approach is that you are sure never to miss an investment opportunity.

You can base your AutoInvest portfolio on the following criteria:

  • Minimum and maximum amount you want to invest in an individual loan
  • Minimum and maximum annual interest rate of loans you wish to invest in
  • Repayment period, ranging from 0 to 90 days
  • What countries you want to invest in (Poland, Spain, the Republic of Kazakhstan, Ukraine, and/or the Philippines)
  • Your preferred investment strategy, i.e. whether you would like to reinvest the earned interests and principal payments
  • Allowing partial investment if your portfolio balance is running low

When you have selected your preferred criteria, you will be able to see how many available loans on the platform match your selected settings as well as the expected return for your planned investments.
You can always go back and edit existing portfolios, deactivate them or completely delete a portfolio with immediate effect from the AutoInvest Portfolio settings. If you choose to deactivate a portfolio, it can easily be activated again. On the contrary, if you delete a portfolio it cannot be restored.

Early Exit/Secondary Market

There is no Secondary Market on Kviku Finance’s lending platform where investors can opt for an early exit and sell their investments back to the market.

Nice to Know for Investors

Registration Process on Kviku Finance

In order for you to become an investor on Kviku Finance’s platform, you need to be at least 18 years old and have a bank account. It is also possible for companies to become investors as well, as long as they meet the AML requirements (in order for Kviku Finance to check this, the company would have to send some additional information and upload the necessary documentation).

In order to register on and start investing in loans through Kviku Finance, you will need to complete some basic information about yourself and verify your identity by filling out your personal ID number, e.g. your passport number).

Deposit & Withdrawal Process

You can add funds to your portfolio by transferring money from your private bank account in whatever currency you desire. However, in order to reduce the risks associated with exchange rate fluctuations, it is recommended to deposit funds in Euros, thus minimizing the fees related to converting transferred funds from one currency into another. The minimum amount for depositing funds is 50 EUR.

When you want to withdraw funds from your account, you can do so from your profile when you are logged into the platform. It is only possible to transfer withdrawn funds to the personal bank account registered in your profile. After having applied for a withdrawal from your account, you should expect to receive the money after 1-5 working days.

Funding Methods for Kviku Finance

Reporting Features on Kviku Finance

On Kviku Finance, investors get a well-presented overview of his or her current investment situation. As an investor, you can, among other things, check the following data from the Summary page:

  • How much money you have funded in total on the platform
  • The total amount of earned interest rates for a given period of time
  • Accrued interest rates until next payment date, i.e. interest that has not yet been paid
  • The average interest rate of loans in which you have invested
  • Your turnover from investments in Euros, ready to be reinvested or withdrawn

Kviku Finance Tax

Kviku Finance does not make any tax deductions from the interest you receive as an investor. Hence any tax filings and related payments are the responsibility of the individual investor. If you have questions regarding taxes on the profit received, please contact your local state revenue service.

Kviku Finance FAQ: “Do I have to pay taxes on the returns I receive?


The only way to contact Kviku Finance is by sending them an email on support@kviku.finance. They do not provide a phone number for personalised customer service, nor do they provide a chat system for quick response.

Kviku Finance Competitors

Who can invest on Kviku Finance?

To become an investor you need to be at least 18 years old and have a bank account.

Kviku Finance FAQ: “Who can register for Bondster as an investor?

Kviku Finance 20 Euro sign-up bonus

New investors must invest at least 100 euro to receive the €20 sign up bonus. As a special condition on Kviku, it is not possible to ever withdraw this €20 sign up bonus, but only serves to work for your portfolio to earn more % on your investments. Use this link to Register at Kviku and start your investments with 20€ extra.


Please note that this overview may contain affiliate links. It means that a commission is earned if you decide to invest after using the link – of course without additional costs to you. The information on this site does not constitute investment advice and is solely to give you a simple and easy overview of the platform. Always conduct your due diligence and consult your financial advisor before making any investment decisions.

* Historical return is not a guarantee of future return. The number is directly from the platforms website Kviku.Finance on the last update of this article: October 16, 2020.