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Swaper

Rank #13
Short-Term Personal Loans
Resale Marketplace Lending
Explore Swaper
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

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