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.
Below, you will find a complete list of all peer-to-peer lending platforms in Croatia.
Table of Contents
Best Peer-to-Peer Lending Platforms in Croatia
Here, you will find a list of the top peer-to-peer lending platforms in Croatia. Under each platform, you will find a brief description of the platform and the type of peer-to-peer lending available for investing on the platform. The list is sorted alphabetically, but to promote platforms contributing to transparency in the market, we have placed the platforms sharing data about their funding volume and other relevant statistics on the top. If you see a platform missing, please feel free to submit the platform by using the submit formula located in the sidebar of this page.
Robocash facilitates crowdfunding in the area of loan originator lending to consumers in Europe and Asia at a minimum investment of 100€. The platform offers financing to loan originators located throughout the world that offers consumer loans. Robocash was founded in 2017 by the Robocash Group and is a platform that collaborates with loan originators and also facilitates Robocash Group loans. The company is located in Croatia but offers financing all over the world. All loans are in Euro(EUR).
Anyone that is at least 18 years old and has a bank account in the European Union or Switzerland can invest on Robocash.
No one can borrow directly on Robocash, to have a loan on Robocash the borrower would have to had borrowed from a Robocash loan originator that the platform is collaborating with and facilitating loans for.
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.