- Funded Since October 2016
- €266.76m
- Minimum Investment
- €10
- Auto Invest
- Yes
- Secondary Market
- Yes
- Ring Fence
- Yes
- Wind Down Plan
- No
- Regulated
- No
What is Swaper?
Swaper is operated by Swaper Platform OÜ, based in Estonia. Swaper is a Resale Marketplace Lending platform, which means it aggregates pre-funded loans from partner organisations (loan originators) and re-sells them to investors. It hasn't been licensed by a relevant supervisory authority.
Swaper allows you to provide funding to individuals by investing in short-term personal loans. Swaper only serves lenders, so you can’t apply for a loan directly on the platform.
What does Swaper offer?
At Swaper, you can make EUR-denominated investments starting from €10. You can also set up an auto-invest feature and buy and sell loans on a secondary market.
Swaper separates investors’ funds from the platform company assets but 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.
Swaper Details
- Legal Company Name
- Swaper Platform OÜ
- Business ID
- 14726410
- Main Currency
- Euro (€)
- Headquarters Location
- Estonia
- Established Date
- May 2019
- Launch Date
- October 2016