« I was torn between three real-estate platforms. The scoring tipped me toward ClubFunding — low default rate, mortgage-backed guarantees, real traceability. No regrets after 14 months. »
Julien M.
Manager, Lyon
Issue #03 — April 2025
The independent
observatory of
crowdlending in Europe.
40 platforms analyzed, 12 ECSP-licensed, one transparent scoring.
The state of the market in 2026.
Aggregated data across all tracked platforms. Updated monthly.
Tracked platforms
40
Cumulative volume
28.6 Mds €
Investors
2.2M
Median yield
11.7%
Average default
1.3%
Ranking
Top 10 platforms,
rated on 8 criteria.
| # | Platform | Type | Yield | Default | Volume | Score | |
|---|---|---|---|---|---|---|---|
| 01 | BienPrêter | Business lending | 12.0% | 0% | 130 M€ | 88 | |
| 02 | Mintos | P2P marketplace | 10.8% | 10% | 12.5 Mds € | 87 | |
| 03 | Swaper | P2P marketplace | 13.8% | 0% | 1.1 Mds € | 82 | |
| 04 | Bondora | Consumer lending | 6.0% | 0% | 2.0 Mds € | 78 | |
| 05 | PeerBerry | P2P marketplace | 9.0% | 0% | 3.3 Mds € | 77 | |
| 06 | Finbee | Consumer lending | 13.0% | 3.2% | 130 M€ | 76 | |
| 07 | Lendopolis | Renewable energy / Forestry | 6.5% | 5.4% | 419 M€ | 74 | |
| 08 | Enerfip | Renewable energy / Forestry | 6.6% | 1.7% | 844 M€ | 73 | |
| 09 | Iuvo Group | P2P marketplace | 9.2% | 2.8% | 1.0 Mds € | 72 | |
| 10 | Fagura | Consumer lending | 12.0% | 4.5% | 20 M€ | 69 |
Our angle
The advertised yield
is only part of the story.
Too many investors compare platforms on the headline rate alone. Our scoring covers 8 dimensions: financial strength, transparency, real guarantees, monitoring quality, regulatory status, age, liquidity and default history.
ECSP / AMF framework
Default track record
Nature of guarantees
Quarterly reporting
Red flags
4 red flags
we never let slide.
- 01
No ECSP/AMF status disclosed
Outside the European framework since Nov. 2023.
- 02
Opaque or recent default rate
No figure, or under 18 months of history.
- 03
"Marketing" guarantees
Vague, unquantified personal sureties.
- 04
Net yield > 12% with no counterpart
Promises incompatible with the real risk.
Testimonials
They chose their platform
with Crowdscope.
Retail investors share how our scoring helped them decide.
ClubFunding
« Finally a comparison without hidden affiliate links. I diversified on Enerfip for renewables and BienPrêter for SMEs, exactly as suggested by the detailed profiles. »
Sophie L.
Doctor, Nantes
« The score breakdown (regulation, default, liquidity) saved me from two platforms I was about to try. Mintos remains my main pick thanks to the secondary market. »
Karim B.
Freelancer, Paris
« Very clear, very factual. No yield promises, just the numbers. I started on October with €500 and ramped up gradually. »
Élodie R.
Architect, Bordeaux
« I'd been following Latvian crowdlending for a while without knowing how to sort through it. The Swaper and Debitum profiles gave me the right comparison criteria. »
Antoine D.
Engineer, Toulouse
« A rare editorial approach in this sector. The methodology is spelled out, I can redo the math myself. That's what convinced me to trust them. »
Marie T.
Consultant, Lille
Weekly newsletter
Crowdlending Week in Review
Every week, we round up the key moves, platform news, regulatory updates, and market signals from the European crowdlending space — so you never miss what matters.
- Platform announcements and operational changes
- Yield trends, default alerts, and liquidity signals
- Exclusive analysis from the Crowdscope observatory
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Compare 40 platforms in 2 minutes.
A filterable table, detailed profiles, and the same methodology applied across the board.
Frequently asked questions
What is crowdlending?
Crowdlending, also called peer-to-peer or P2P lending, lets individual investors fund loans to consumers, businesses, real estate developers or energy projects through an online platform, in exchange for interest. Capital is at risk: borrowers can default and platforms can fail.
What is Crowdscope?
Crowdscope is an independent observatory of European crowdlending platforms. Every platform is scored out of 100 from eight public criteria — track record, funded volume, registered investors, secondary market, guarantees, regulation, transparency and cash drag — and documented with a detailed profile covering yields, default rates and regulatory status.
Which are the best-rated European crowdlending platforms?
Crowdscope currently tracks 40 platforms. The highest Crowdscope score is held by BienPrêter (88/100), and the full ranking with filters by country, loan type, yield and ECSP status is published on the platforms page.
Is crowdlending regulated in Europe?
Since 2021, EU platforms funding business and real estate loans must hold the European Crowdfunding Service Provider (ECSP) licence, supervised by their national regulator. Consumer-loan marketplaces, notably in the Baltics, fall outside ECSP and operate under national investment-brokerage or unregulated regimes — a difference Crowdscope reflects in the regulation score.
How much can you lose in crowdlending?
You can lose your entire invested capital. The main risks are borrower default, loan originator insolvency, platform failure, and illiquidity when no secondary market exists. Crowdscope publishes a default rate, a guarantees list and a secondary-market flag per platform so these risks can be compared before investing.
Last updated: · Reviewed by the Crowdscope editorial team