The Dutch Market for Peer-to-Peer Lending
According to data from the latest report by Cambridge Centre for Alternative Finance (CCFA) on alternative finance and crowdfunding in Europe, the Netherlands had a total funding volume of €279.9 million in 2017, which places the country as the fourth largest country in the region after the UK, France and Germany. From the total alternative finance funding volume 33.1% or 92.5 million came from P2P lending/crowdlending.
Below, you will find a complete list of all peer-to-peer lending platforms in the Netherlands, followed by a presentation of the latest data on the Dutch market for P2P lending.
Table of Contents
Best P2P Lending Platforms in the Netherlands
Here, you will find a list of the top peer-to-peer lending platforms in the Netherlands. 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
Lendahand facilitates crowdfunding in the area of social impact lending for developing countries at a minimum investment of € 50. The platform offers lending to loan originators for job creations and basic needs in Zambia, South Africa, India, Mongolia, Uganda, Indonesia, Georgia, Kenya, Cambodia, Ghana, Colombia and the Philippines among others. Lendahand was founded in 2014 by Koen The, Peter Heijen and Peter Stolze as a Dutch company. The office and company is located in Rotterdam, the Netherlands but only finances micro companies and entrepreneurs in developing countries. All loans are in Euro(EUR).
Lendahand offers a €25 bonus to all new lenders, to get the bonus you must invest €50 or more. Use the code MARKETDATA when you make your first investment on the Lendahand platform.
Any company or person above 18 years old can invest on Lendahand except from USA and blacklisted countries.
Small and medium sized companies between 2 to 100 employees in the area of farming, retail, wholesale, production or services can apply to a loan on Lendahand through any of the local partner NBFI’s(Non-bank financial institution) that the platform collaborates with.
Lender & Spender
Lender & Spender facilitates crowdfunding in the area of consumer lending in the Netherlands at a minimum investment of € 100. The platform offers loans for a new car, home improvement and refinancing among others without the intervention of a bank. Lender & Spender was founded in 2016 by Robert Leclercq and Huub van der Wart as a Dutch company. The office and company is located in Amsterdam, the Netherlands and exclusively provides financing to Dutch citizens living in the Netherlands. All loans are in Euro(EUR).
Any company or person above 18 from the Netherlands with a Dutch bank account can invest on Lender & Spender.
Any Dutch resident between 21 and 65 years old, having a salary from a company in the Netherlands and without any payment problems in the past can apply for a loan on Lender & Spender from € 5.000 to € 25.000 and a duration of 24 – 60 months.
Collin Crowdfund facilitates crowdfunding in the area of SME business lending in the Netherlands at a minimum investment of € 500 and € 100 each loan note. The platform offers financing for working capital, property financing, acquisition, grace periods or seasonal financing among others. Collin Crowdfund was founded in 2013 by Jeroen ter Huurne, Bas Denissen and Jan-Willem Onink as a Dutch company. The office and company is located in Udenhout, the Netherlands and exclusively offers financing to Dutch companies. All loans are in Euro(EUR).
Any company or person above 18 years old with a EU bank account can invest on Collin Crowdfund.
Any company from the Netherlands registered in the Dutch Chamber of Commerce can apply for a loan on Collin Crowdfund. Financing volumes between € 25,000 to € 2,500,000 from 6 months to 10 years.
Geldvoorelkaar facilitates crowdfunding in the area of SME business lending and real estate lending to Dutch residents and companies within the Netherlands at a minimum investment of € 50. The platform offers different varieties of financing for Dutch companies; Annuity loans, interest-only loans, money within 24 hours loans, growth loans and flex loans. Geldvoorelkaar was founded in 2010 by Edwin Adams and Martijn Van Schelven as a Dutch company. The office and company is located in Veenendal, the Netherlands and exclusively offers financing to Dutch companies. All loans are in Euro(EUR).
Kapitaal Op Maat
Kapitaal Op Maat facilitates crowdfunding in the area of SME business lending to Dutch companies at a minimum investment of € 100. The platform offers business financing for working capital, growth, acquisition among others. Kapitaal Op Maat was founded in 2013 by seven enthusiastic entrepreneurs as a Dutch company and later taken over by a consortium of investors led by Lambert Kassing. The office and company is located in Rotterdam, the Netherlands and exclusively offers financing to Dutch companies. All loans are in Euro(EUR).
One Planet Crowd
One Planet Crowd facilitates crowdfunding in the area of sustainable SME business lending to Dutch companies at a minimum investment of € 250. The platform offers two types of loans, convertible loans or normal loans for sustainable SME companies. One Planet Crowd was founded in 2012 by Coenraad de Vries and Laura Rooseboom as a Dutch company. The office and company is located in Amsterdam, the Netherlands and exclusively offers financing to sustainable Dutch SME companies. All loans are in Euro(EUR).
Crowdfunding and Alternative Finance in the Netherlands
For a current view of the European market for peer-to-peer lending and equity crowdfunding, you can visit our data-section for an overview of all platforms denominated in Euros. However, another valuable source of data to visit for a view on the historical development of alternative finance and crowdfunding in the Netherlands is the Cambridge Centre for Alternative Finance (CCAF), who published their first report on the European market for alternative finance in 2015. The latest and fourth report was published in 2019 was called “Shifting Paradigms” and looks at 45 European countries and 269 platforms. The report primarily covers the four main types of crowdfunding: lending-based crowdfunding, equity-based crowdfunding, reward-based crowdfunding and donation-based crowdfunding. Because the report uses survey data the latest data available is from 2017.
The total Dutch market for alternative finance in 2017 was €279.9 million up from €194.2 million in 2016, which corresponds to a growth rate of 44.1%. In the figure below, you can see the market development in Dutch crowdfunding and alternative finance from 2013-2017. In the period, the yearly average growth rate was 59.2%.
The Netherlands accounted for 8.3% of the market in continental Europe in 2017. In comparison to the Dutch funding volume €279.9 million, the countries with higher funding volumes in continental Europe were France with a total funding volume of €661.4m and a market share of 19.6% and Germany with a total funding volume of €595.5 million and a market share of 17.7%. In a worldwide perspective, the Netherlands is the tenth-largest market for alternative finance and crowdfunding.
Statistics About P2P Lending in the Netherlands
The total alternative finance volume in the Netherlands in 2017 was split between twelve different business but for our purpose, we will focus on the numbers reported on P2P consumer lending and P2P business lending, which are the two peer-to-peer lending business models identified by CCAF in the Dutch market. In total, peer-to-peer lending accounted for 33.1% of the total alternative finance funding volume in the Netherlands, where €86.5 million came from P2P business lending and only €6.1 million came from P2P consumer lending.
Below, you will find a figure showing how peer-to-peer lending has developed in the Netherlands from 2013-2017.
It is worth noting that P2P consumer lending is a relatively new business model in the Netherlands and only accounts for a fraction of the market. Also, unlike in most other countries, the Netherlands saw a quite large drop in funding volume from peer-to-peer lending in 2017 compared to 2016, which can partly be explained by three P2P business lending platforms (Greencrowd, Kapitaal Op Maat, and Geldvoorelkaar) not being part of the survey in 2017 after having participated in 2016.
To put the Dutch P2P lending funding volume into perspective, the two largest players on the peer-to-peer lending market in continental Europe, France and Germany, had a funding volume from P2P lending of €410.7 million and €396.7 million, respectively. However, if we look at the whole European region and thus includes the United Kingdom, who had a total peer-to-peer funding volume of £4,660 million in 2017, there should be plenty of room left for growth in the Netherlands.
Taxation on Peer-to-Peer Lending in the Netherlands
On most platforms, you will have to report your invested money to the tax authorities yourself. If you are a private individual, this is done on the income tax return by entering the outstanding investment amount in Box3 under “Uitgeleend geld en andere vorderingen” (money lent and other receivables). If you are an entrepreneur, the loan and interest must be entered in Box1 of the income tax return, while a Ltd must incorporate this in the income tax return.
You might find the tax calculations tools and guides on Oneplanetcrowd.com useful.
P2P Lending Regulation in the Netherlands
Since there is still a lack of common rules for crowdfunding in the European Union, regulation of peer-to-peer in the Netherlands is based on national legislation though 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.
Even though there are no specific regulations on lending-based crowdfunding in the Netherlands, there is a chance that platforms operating within this market have activities that are regulated under the Dutch Authority for the Financial Markets (AFM), which might lead to requirements such as obtaining a banking, consumer credit or investment firm license and publishing a prospectus. More specifically, in the Netherlands, consumer-to-consumer platforms must have a creditor license, while consumer-to-business platforms are required to get an individual release from the AFM.
P2P lending and other crowdfunding platforms can apply for certain exemptions under specific circumstances, but it is also possible for the AFM to attach certain conditions to these exemptions and licenses, e.g. to protect investors. Also, it is mandatory for peer-to-peer lending and other crowdfunding platforms in the Netherlands to conduct a crowdfunding investment test on a consumer investing more than €500. Also, investment limits for consumers will apply, depending on the crowdfunding type.