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Investing & Savings  /  P2P Lending

Best P2P Lending Platforms
in 2026

Peer-to-peer lending can generate 9-12% annual returns — well above savings accounts. But platform risk is real, loan originators can default, and several platforms failed between 2020 and 2022. We review the four platforms with the strongest track records and regulatory standing.

✓ 4 Platforms Reviewed ↻ Updated July 2026 ⚠ Capital at Risk
⚠ Important Risk Warning

P2P lending is not a savings account. Your capital is at risk — loan originators can default, platforms can fail, and there is no government deposit protection scheme covering P2P investments. The 2020-2022 consolidation of the European P2P market resulted in real investor losses on several platforms. Only invest what you can afford to lose, and only after reading the full risk disclosures on each platform.

How We Rate P2P Platforms
30%
Target Yield
Realistic net returns after defaults and fees
25%
Platform Risk
Regulatory standing, track record, financial stability
20%
Originator Quality
Buyback guarantees, diversification, default history
10%
Auto-Invest
Quality of automated portfolio building tools
10%
Secondary Market
Ability to exit positions before loan maturity
5%
Min. Investment
Accessibility and ability to diversify at entry level

ⓘ Yields shown are indicative based on platform-reported averages as of July 2026. Actual returns vary and are not guaranteed.  ·  Disclosure: AllinAllSpace may earn a commission via links on this page.

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⚠ Capital at Risk

P2P lending is not covered by deposit protection schemes. Your capital is at risk. Loan originators can and do default — buyback guarantees are only as strong as the originator behind them. Past returns do not guarantee future results. Always diversify across multiple platforms and originators, and only allocate capital you can afford to lose.

Quick Comparison

All four platforms have been operating for at least 7 years and have track records tested through the 2020-2022 P2P consolidation that wiped out several competitors. Regulation, originator diversity, and secondary market access are the key differentiators.

PlatformRatingTarget YieldMin.Auto-InvestSecondary MarketRegulationPlatform Risk
MintosLoan MarketplaceTop Pick ★ 4.4 9.1-12%Core Loans 9.1% APY · 0.29%/yr fee €50 ✓ ✓ MiFID II Lower Review ↓
Go & GrowFormerly Bondora Go & GrowMost Conservative ★ 4.1 6%Fixed target rate (not guaranteed) €1 ✓ ✓ EFSA (Estonia) Lower Review ↓
PeerBerryShort-Term LoansBest Track Record ★ 4.0 10-11% €10 ✓ ✓ No licence Medium Review ↓
RobocashConsumer LoansSimplest Platform ★ 3.8 10-12% €10 ✓ ✓ No licence Medium Review ↓
Find Your Best P2P Platform

Answer 3 questions and we'll point you to the right starting point. Remember — most experienced P2P investors use 2-3 platforms simultaneously to diversify risk.

Question 1 of 3
What is your primary goal in P2P lending?
Question 2 of 3
How important is being able to exit early?
Question 3 of 3
How much are you planning to invest?
Our Recommendation
Best starting point for you
Full Reviews
01 Mintos
Top PickMiFID II Licensed
4.4/5 Overall Score

Mintos is the largest peer-to-peer lending marketplace in Europe — over 700,000 registered investors, €12 billion in loans funded since 2015, and 64 loan originators across 30+ countries. Its most important differentiator is regulatory standing: Mintos holds a full MiFID II Investment Firm licence from the Latvian financial regulator, one of only four European P2P platforms at this level, with €20,000 investor compensation scheme coverage. In February 2026 it applied for a full Latvian banking licence, which would increase that protection to €100,000. Core Loans portfolio targets 9.1% APY; the platform-wide average interest rate is 10.79% gross. Custom portfolios can reach 12%+. A secondary market provides liquidity. Note: since May 2025, Mintos charges a 0.29% annual fee on Custom Loan Portfolios, and a 0.39% fee on the High-Yield Bonds Portfolio. Around €130 million in unresolved defaults from 2020-2022 originator failures remain in recovery — material but legacy, not current trend.

Pros
  • Largest platform in Europe by volume
  • MiFID II licensed — strongest regulatory tier
  • 64 loan originators across 30+ countries
  • €20K investor compensation scheme
  • Active secondary market for liquidity
  • Banking licence application filed Feb 2026
Cons
  • €130M in unresolved legacy defaults
  • ~20% of current book underperforming
  • 0.29%/yr fee on portfolios (since May 2025)
  • Complexity can overwhelm beginners
VerdictThe benchmark for European P2P lending. The MiFID II licence, originator scale, and investor compensation scheme make it the most defensible single platform. The legacy defaults are real and should be acknowledged — but the platform has continued to deliver 11-12% net returns since 2023 and is actively pursuing a banking licence that would significantly upgrade investor protections.
Best for
EU investors Diversified portfolios Experienced P2P investors Higher yield seekers
At a Glance
9.1-12%Core Loans 9.1% · Custom up to 12%
Min. Investment€50
Secondary MarketYes
RegulationMiFID II — Latvia
Core Loans APY9.1%
Investor Comp.€20,000
Portfolio Fee0.29%/yr
Founded2015 — Latvia
Visit Mintos → Full Review →
02 Go & Grow
Most Conservative17-Year Track Record
4.1/5 Overall Score

Go & Grow (formerly Bondora Go & Grow) spun off as a standalone brand in April 2026 under Go&Grow OÜ, though the underlying product, loans, and team are unchanged — the consumer lending business behind it is still operated by Bondora, founded in 2009. The product is structured differently from most P2P: you deposit into a pooled account that Bondora manages across thousands of consumer loans in Estonia, Finland, Netherlands, Denmark, and Latvia. You earn a target rate of 6% annually (reduced from 6.75% in April 2025), paid daily, with no lock-up period. Withdrawals typically arrive within 1-3 business days for a flat €1 fee. The platform has maintained daily liquidity continuously since 2020 (it was briefly suspended during COVID in early 2020). Bondora Group is profitable, with 2025 revenue of €62.7 million and net profit of €9.5 million, audited by KPMG.

Pros
  • 17-year operating history since 2009
  • Simple, fixed 6% target — no loan selection
  • Daily returns, withdraw anytime (with caveats)
  • Profitable parent — KPMG-audited
  • Start from just €1
  • No management fees, just €1 withdrawal fee
Cons
  • 6% is lower than most P2P platforms
  • Not deposit-insured — no EU guarantee
  • Rate cut from 6.75% in April 2025
  • Withdrawals can be slowed in stress scenarios
  • No buyback guarantee on underlying loans
VerdictThe most beginner-friendly P2P product and the right first step for anyone new to the category. The 6% target with liquidity is unique in European P2P. The rate cut from 6.75% in 2025 was disappointing, and investors should understand this is a target — not a guaranteed return — and that liquidity can be paused in exceptional circumstances.
Best for
P2P beginners Conservative investors Liquidity-first EU investors only (not UK)
At a Glance
6%Target annual rate (daily)
Min. Investment€1
LiquidityDaily (conditional)
Withdrawal Fee€1 flat
RegulationEFSA — Estonia
Parent profit€9.5M (2025)
Founded2009 — Estonia
Visit Go & Grow → Full Review →
03 PeerBerry
Best Track Record
4.0/5 Overall Score

PeerBerry's defining credential is what it did during the Russia-Ukraine war: it was the only European P2P platform to fully repay all investors affected by war-impacted loans — returning the entire €51.4 million outstanding without a single euro left in recovery. That kind of follow-through matters enormously when evaluating P2P platforms. The platform has funded over €3.42 billion in loans since 2017, works with 36 originator entities across 5 groups in 15+ countries, and launched a secondary market in January 2026. Average returns sit around 10-11%. Monthly origination volume dropped roughly 47% year-on-year in 2025, which is worth monitoring. The platform itself holds no investment firm licence and no ECSP licence — PeerBerry applied for ECSP in autumn 2024 but approval is still pending as of July 2026.

Pros
  • Fully repaid all war-impacted loans (€51.4M)
  • €3.42 billion funded, zero defaults in platform history
  • 28 originators across 13 countries
  • Secondary market launched Jan 2026
  • €10 minimum — easy to diversify
Cons
  • Not MiFID II licensed at platform level
  • Volume dropped ~47% YoY in 2025
  • No investor compensation scheme
  • Secondary market is new — liquidity unproven
VerdictThe platform with the most credible real-world stress test in European P2P history. Its handling of war-impacted loans speaks louder than any marketing claim. A strong second platform alongside Mintos — the volume decline in 2025 is worth watching but not yet a reason to avoid.
Best for
EU investors Diversification from Mintos Short-term loan exposure Track-record focused
At a Glance
10-11%Target annual yield
Min. Investment€10
Secondary MarketYes (since Jan 2026)
RegulationNo licence (ECSP pending)
Total Funded€3.42B
Founded2017 — Lithuania
Visit PeerBerry → Full Review →
04 Robocash
Simplest Platform
3.8/5 Overall Score

Robocash is consistently cited by experienced P2P investors as having the most reliable buyback execution of any European platform. Owned by UnaFinancial (Singapore), it funds consumer loans exclusively from group-owned originators operating in the Philippines, Kazakhstan, Sri Lanka, and Spain. This vertical integration means every loan is backed by the same parent balance sheet — concentration risk is high but buyback execution is more reliable than a platform depending on external third parties. Fully automated: set parameters, auto-invest runs. A secondary market launched in 2026 (free, no fees). Platform-reported average return is 9.91%; optimised auto-invest portfolios typically achieve 11-12%. The 30-day buyback period is faster than Mintos or PeerBerry's 60-day standard.

Pros
  • Most reliable buyback execution in European P2P
  • 30-day buyback — faster than most platforms
  • Fully automated — no manual work needed
  • Group-backed buybacks from UnaFinancial
  • 9.91% platform avg. · 11-12% via optimised auto-invest
Cons
  • Secondary market new — liquidity unproven
  • Single originator group — concentration risk
  • Not MiFID II regulated
  • Emerging market geographies (KZ, PH, UZ)
VerdictBest as a third platform in a diversified P2P setup alongside Mintos and PeerBerry. The single originator group model is a concentration risk that investors should size accordingly — cap Robocash at 25-40% of total P2P allocation. The buyback track record is the strongest argument for including it.
Best for
Set-and-forget investors Portfolio diversification Reliable buyback seekers EU & UK investors
At a Glance
9.91%Platform avg. · up to 12% auto-invest
Min. Investment€10
Auto-InvestYes — fully automated
Secondary MarketYes — free
Buyback Period30 days
ParentUnaFinancial (Singapore)
Founded2017 — Croatia
Visit Robocash → Full Review →
Frequently Asked Questions
Peer-to-peer lending platforms connect investors directly with borrowers — individuals or businesses seeking loans. As an investor, you lend money to multiple borrowers and receive interest payments in return, without a traditional bank acting as intermediary. Most platforms auto-diversify your money across hundreds of loans, so a single default doesn't wipe out a meaningful portion of your portfolio. The appeal is yield: P2P platforms typically offer 8-12% annual returns, well above savings accounts. The risk is that borrowers can default and, more significantly, that platforms or loan originators can fail entirely.
A buyback guarantee is a commitment from a loan originator to repurchase a loan from an investor if the borrower defaults — typically after 30 or 60 days of non-payment depending on the platform. It sounds like strong protection, but it is only as strong as the financial health of the originator behind it. When loan originators ran into trouble in 2020-2022, several were unable to honour their buyback obligations and investor funds were tied up in long recovery processes. The platforms that came through best were those with multiple originators and strong parent balance sheets. Always check who is backing the buyback guarantee, not just whether one exists.
It carries more risk than a savings account. P2P investments are not covered by deposit protection schemes — if a platform fails, you could lose your capital. Between 2020 and 2022, several European P2P platforms shut down or had significant originator defaults that resulted in real investor losses. Mintos still carries approximately €130 million in unresolved defaults from that period. The platforms reviewed here have stronger regulatory standing and demonstrated resilience. Most experienced investors allocate 5-15% of their portfolio to P2P rather than treating it as a primary savings vehicle.
Most experienced P2P investors use 2-4 platforms simultaneously. Concentrating all capital on a single platform is a meaningful platform-level risk. The most commonly cited combination in the European P2P community is Mintos as the primary platform (largest, most diversified, MiFID II licensed) combined with one or two secondary platforms such as Go & Grow for simplicity and liquidity, or PeerBerry and Robocash for exposure to different originator pools. Spreading across platforms diversifies away some — though not all — of platform-level risk.
These are two different EU regulatory frameworks. MiFID II (Markets in Financial Instruments Directive) is the higher standard — full investment firm regulation with strict capital requirements and an investor compensation scheme covering up to €20,000 per investor in the event of platform failure (separate from investment losses). ECSP (European Crowdfunding Service Provider) is specifically designed for crowdfunding and P2P platforms — it requires regulatory authorisation and mandatory disclosures but does not include an investor compensation scheme. Of the platforms reviewed here, only Mintos holds a MiFID II licence.
Yes, with caveats. Most major UK retail P2P platforms have closed or pivoted away from individual investors after FCA rule changes. UK investors wanting P2P exposure typically use European platforms such as Mintos and Go & Grow, which are accessible cross-border. Go & Grow is available to EU residents, Norway, and Switzerland only — UK investors cannot open an account. Mintos and Robocash accept UK investors. Income from P2P lending is taxable in the UK and must be declared via self-assessment. Some UK investors use the Innovative Finance ISA (IFISA) for P2P tax efficiency, though the range of IFISA-eligible platforms is limited.
Risk Warning & Disclosure: P2P lending is a high-risk investment. Your capital is at risk and you may lose some or all of the money you invest. P2P investments are not covered by any deposit protection scheme. Mintos is covered by Latvia's investor compensation scheme up to €20,000 in the event of platform insolvency (this does not cover investment losses from loan defaults). Past returns do not guarantee future results. AllinAllSpace may earn a commission when you sign up via links on this page — this does not affect our ratings or editorial independence. This is not financial advice. Always conduct your own research and consider seeking independent financial advice before investing.