Colectual

Colectual runs a direct marketplace lending platform, which means it operates the "traditional" or "pure" P2P lending model and serves as an online space where borrowers can apply for loans and investors can fund projects. Colectual is operated by SOCIEDAD ECONOMICA PARA EL DESARROLLO DE LA FINANCIACION ALTERNATIVA COLECTUAL PFP SL, headquatered in Spain. It's received a crowdfunding license from Spain's National Securities Market Commission (CNMV).

Colectual gives you the chance to provide funding to business owners by investing in business loans. You can also apply for funding if you are a business owner.

At Colectual, you can make EUR-denominated investments starting from €100.

Colectual doesn’t separate investors’ funds from the platform company assets and doesn’t have a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It discloses statistics about its funded loans on a dedicated public page and shares its monthly funding volumes with P2PMarketData.