This overview summarizes selected public operational data and announcements. It does not measure the entire European P2P market. The figures cover different reporting periods and are not fully comparable, so they should be read as indicators rather than as a ranking. Swaper’s figures are for August. Easy Debt Service is a bond issuer whose bonds are offered through Mintos.
Key takeaways
Investment activity: ↑
PeerBerry reported €50.52 million in loans funded in September and an outstanding portfolio of €155.35 million. Funding was approximately 29% higher than in August.
Delayed payments: risk remains
As of 11 September, Mintos reported approximately €3.5 million in outstanding principal on matured EDS bonds. As of 9 October, I found no newer public update in the Mintos list I checked.
New markets: potential
TunaiPantas is expected to join PeerBerry’s network after integration. This could broaden the choice of investments, but it does not guarantee lower risk.
Returns: context matters
Swaper reports an average interest rate of 14.05% for the entire period. This is not the same as the net return realized by every investor.
Platform overview
PeerBerry
- €50.52 million in loans funded in September;
- €155.35 million outstanding portfolio at month-end, compared with €150.23 million at the end of August;
- €3.55 billion in total loans funded since the platform launched.
Growth indicates higher activity, but on its own it does not prove that loan quality has improved or credit risk has declined.
On 24 September, PeerBerry announced that Aventus Group had expanded its operations in Malaysia. TunaiPantas is expected to join the platform after the necessary integration. In an update dated 1 October, PeerBerry said it plans to add the lender in October. This is a plan, not confirmation that the loans are already available for investment. The platform also reported that the South African lender Crediflow joined in September.
Main risk: geographic expansion does not eliminate concentration risk among connected companies or the risk of problems at a specific lender.
Mintos / Easy Debt Service
In an update dated 11 September, Mintos reported that EDS had paid approximately €55,000 in coupon payments since 6 August, which were distributed to investors. This amount was part of at least €200,000 that EDS had expected to transfer earlier. Approximately €3.5 million in principal on matured but unpaid bonds remained outstanding, in addition to delayed coupons and late interest.
EDS had expected to settle its overdue obligations by the end of September. The timeline depended on the sale of a property and the buyer’s bank financing. This was an expectation, not confirmation of payment. As of 9 October, the latest update in the official Mintos list I checked was still the one dated 11 September.
Main risk: a delay in an expected repayment source can extend the period during which capital remains unpaid.
Swaper
The platform’s September update reports figures for August:
- €7.33 million in loans funded;
- more than €1.134 billion in total loan claims sold;
- €20.55 million in cumulative interest paid to users;
- 14.05% average interest rate for the entire period;
- 5.34% average cash drag for the previous month.
The figures are platform-reported aggregates and do not represent the net return of an individual investor. Cash drag shows the effect of funds that remain uninvested. Swaper also announced an updated privacy policy and said two-factor authentication would soon become mandatory.
Main risk: average figures do not provide a standalone assessment of credit quality, liquidity or an individual investor’s returns.
Overall market assessment
Scale and availability: positive signals
PeerBerry reported more loans funded and a larger portfolio. This indicates activity on the platform, but it is not enough to draw conclusions about the entire market.
Credit risk: no proven overall change
A larger portfolio and interest paid do not prove that loan quality has improved. The EDS case shows that payments can be delayed.
Liquidity: varies by product
Payment timelines and exit options should be assessed individually. Delayed inflows can leave capital unpaid beyond the expected date.
Transparency: a key criterion
Regular data on arrears, recoveries, lenders and concentration are more useful than a single return figure.
What to watch next month
- whether Mintos publishes a new update and whether EDS makes actual payments;
- whether PeerBerry begins offering loans from TunaiPantas, and on what terms;
- whether portfolio growth is accompanied by stable repayments;
- trends in arrears, losses and funds actually recovered;
- exit terms, fees and the effect of uninvested funds on returns.
Important: The indicators used cover different reporting periods and methodologies. This material is for informational purposes only and does not constitute investment advice. Historical results and interest already paid do not guarantee future returns. P2P investments carry the risk of partial or total loss of capital.
Sources: PeerBerry · Mintos · Swaper