What are the best Mintos alternatives in 2019? That’s a question a lot of people ask themselves these days. With Mintos now being Europe’s largest peer-to-peer lending marketplace, you’ve probably already invested your share of money there, just like hundred of thousand other investors.

If you’re the type of investor who avoids putting all eggs into one basket, we’ve collected a list of great Mintos alternatives for you. While you don’t mind the stable returns on Mintos, you’re smart enough to acknowledge the potential of investing in several different platforms. It’s time to diversify, so let’s explore some great alternatives to Mintos.

Best Real Estate Crowdfunding Alternatives to Mintos

Best real-estate crowdfunding sites

European real-estate crowdfunding has become an attractive alternative to Mintos in recent years. Today, it’s possible to invest in apartments, houses, and development projects online with other investors without needing the capital to buy the property alone. Investing in real-estate through crowdfunding sites is a fantastic way to build a passive income stream from mortgage-backed projects, as opposed to the asset-less consumer loans provided by Mintos.

The great thing about European real-estate crowdfunding sites is that you can diversify across several properties. Instead of pouring all your funds into a single building or apartment, real-estate crowdfunding sites let you join in on projects for very low sums of money (often below €100). The platform takes care of all the hard work and you simply select the projects you find most promising.

The way real-estate crowdfunding sites in Europe work is usually by gathering capital from several investors to issue loans to whoever is buying or renovating the property. Most of the time, you’ll be receiving monthly interest from your investment plus the original principal at the end of the loan term. On some sites, you’ll instead receive rental income, as if you owned the property.

1. EstateGuru

Mintos vs Estateguru

EstateGuru is the largest real estate crowdfunding platform in mainland Europe, boasting more than €160 million in lent capital to developers and businesses. As such, EstateGuru corresponds closely to Mintos in terms of size, popularity and seriousness. Like Mintos, returns on EstateGuru averages 9-12% per year, with several cashback offers launched from time to time to rocket-boost your returns.

Average return: 12.10%
Minimum investment: €50
Buyback guarantee: No, but all loans are secured through property
Secondary market: Yes
Auto-invest: Yes
Average loan duration: 10.5 months
Amount of loans funded: 1,099+
Number of investors: 34,705+

EstateGuru’s smooth auto-invest function, combined with the fact that new projects launched on a near-daily basis, effectively eliminates the cash-drag known from other peer-to-peer lending services. Another familiar feature is the newly launched secondary market which allows you to liquidize your portfolio fairly quickly.

🎉 Sign up with the EstateGuru referral code EGU52356 or through this link to receive 0.5% extra cashback on all investments for 90 days.

EstateGuru has a pristine track record with zero capital loss since launching in 2014. For a company dealing with mortgages and construction, such numbers are indeed impressive, especially considering the enormous amount project they’re hosting. And in contrast to the dubious ‘buyback-guarantee’ known from Mintos, all loans on EstateGuru are secured with real-estate as collateral.

When it comes to accessibility and user-friendliness, EstateGuru provides an simple interface that’s incredibly easy to navigate. However, simplicity doesn’t mean lack of information: Every project on EstateGuru comes with very detailed documentation and financial information for you to assess the validity of the project. So, when this real estate crowdfunding platform brands itself as the “leading marketplace for short-term property loans in continental Europe”, there’s definitely something to it.

2. BulkEstate

Mintos vs Bulkestate

Estonia-based BulkEstate takes the second place among the best real-estate crowdfunding alternatives to Mintos. BulkEstate offers an extremely popular and intuitive platform for investing in European real estate online. With high annual rates around 13-15% and a minimum contribution of only €50, the company is fast becoming a major industry player.

Average return: 15.35%
Minimum investment: €50
Auto-invest: Yes
Buyback guarantee: No, but loans are secured by real estate as collateral
Secondary market: No
Average loan term: 12 months

BulkEstate was launched in 2014 with the aim of making it easier for persons and corporations to take part in the rapidly-growing Baltic real-estate market, and the company has now received more than 17,311+ investments from all around the world. The platform’s immense popularity comes down to two key factors: High interest rates and zero defaults.

While BulkEstate primarily offers development projects, they set themselves apart from the competitors by offering highly-coveted group-buying deals. Group buying (or ‘crowd-owning’) lets you buy single apartments or entire buildings far below the market value (up to 35% discount). The way group-buying works is that owners of entire apartment buildings put all units (the entire building) up for sale, and BulkeEstate then invites its users to purchase on or more of these units.

Make sure to subscribe to BulkEstate’s newsletter to receive information about newly released projects (or enable to auto-invest function), as most projects sell out extremely fast.

3. CrowdEstate

Crowdestate vs Mintos

CrowdEstate holds the third place among the best European real estate crowdfunding alternatives to Mintos. Founded in 2014 by Estonioan ex-banker Loit Linnupõld, Crowdestate has quickly consolidated its position as an important player in the Baltic real estate market. The company offers high annual returns ranging from 10-18% from real estate development projects, as well as lucrative business lending opportunities.

Average return: 17.77%
Minimum investment: €100
Autoinvest: Yes
Secondary market: Limited
No. of investors: 40,000+
Headquaters: Tallinn
CEO: Loit Linnupold

According to their own company profile, CrowdEstate takes vetting extremely seriously and hence rejects 95% of all loan applicants. Choosing a platform that prefers quality over quantity is definitely worth keeping in mind when getting started with property lending.

CrowdEstate projects are immensely popular and often get funded within hours. Make sure to enable the auto-invest function to get a piece of the property pie. Keep in mind that, as tons of users want in on their high-yielding projects, their auto-invest function might only invests small amounts of your available funds. Consequently, you might want to explore some of the other options listed here to get your real estate portfolio activated properly.

Best Business Peer-to-Peer Lending Sites Similar to Mintos

best_business_crowdfunding_sites

Businesses peer-to-peer lending, also called business crowdlending, makes another great choice for an alternative to Mintos’s consumer loans. Much like real-estate crowdfunding, business crowdlending platforms provide a way to make joint investments in interesting companies with other people.

The way business crowdlending usually works is that the peer-to-business platforms pool capital together from multiple independent investors to issue loans to companies. But why would businesses take out loans from alternative finance providers? For several reasons, for example to expand production, buy new machinery or develop new projects.

While crowdlending to businesses often promise much higher rates than real-estate loans, the excellent profits potentially also carry increased risks. Always do your due diligence and investigate all possible project details before jumping in. On the other hand, it’s often the case banks prefer giving loans to large-scale enterprises, while neglecting healthy small and middle-sized companies, making them turn to alternative finance providers.

Here are some of the best business crowdlending alternatives to Mintos from Continental Europe (excluding the UK):

1. Crowdestor

Crowdestor bonus

Talinn-based CrowdEstor makes one of the most interesting choices for making individual investments in European businesses online. Presenting a fast-moving marketplace open to international investors, CrowdEstor caters to every taste for risk. For the cautious lender, they offer conservative returns around 10-12% per year, while the risk-takers can enjoy rates around 18-22% from more alternative enterprises.

Most important of all, the company prides itself on having a clean performance record, with no defaults at the time of writing.

🎉 Sign up through this referral link to receive 1% cashback bonus on all your investments for 180 days on CrowdEstor.

Interest rate: 12-30%
Minimum investment: €50
Auto-invest: No (under development)
Buyback-guarantee: Partly
Secondary market: No
Number of investors: 7,600+
Headquarters: Riga
CEO: Janis Timma

CrowdEstor provides a variety of interesting options for investing in attractive business sectors, such as green energy, hotels, transportation, but occasionally also list mortgage-backed real estate deals.

Furthermore, new high-yielding loans appear on the CrowdEstor marketplace on a near-weekly basis, allowing your funds to be activated very quickly. To sum up, high returns combined with great loan performance is what makes CrowdEstor a great business alternative to Mintos.

2. Grupeer

Mintos vs Grupeer

Grupeer can rightfully be called the business-lending counterpart to Mintos. Both platforms have huge loan books and function much in the same way, the key difference being Grupeer focuses on business and real estate instead of personal loans.

You’ll recognize several features similar to Mintos, such as rates ranging from 12-14%, security provided by a buyback guarantee, as well as an highly adjustable auto-invest function. What’s more, there are periodical cashback campaigns to boost your earnings.

Average interest rate: 13.24%
Minimum investment: €10
Buyback guarantee: Yes (on most loans)
Secondary market: No (under development)
Number of investors: 19,864+
Loans funded: €53,318,476+

Continuing the comparison of Mintos vs. Grupeer, you’ll find the latter lacking some of the detailed statistics, large secondary market and transparent communication for which Mintos is known. Nonetheless, Grupeer remains an attractive platform that continues to grow rapidly. And when it comes to liquidity, your money probably won’t sit still, as there’s almost always loans to invest in.

3. Envestio

Envestio vs Mintos

Highly popular and famous for its ugly design and use of stock-photos, Envestio comes in as the third-best business crowdlending alternative to Mintos. Envestio is an Estonian alternative finance provider focusing on capital lending to local Baltic businesses and real estate developers.

🎉 Sign up through this referral link to get a € 5 free welcome bonus and 0.5% extra interest on all your investments for 180 days on Envestio. Condition: Invest min. €100

Envestio provides high annual rates around 18.5%, and the company has experienced zero defaults from its plethora of projects. These two components combined make Envestio loans sell out extremely fast (usually within 24 hours).

Luckily, they’ve recently introduced an auto-invest function to distribute loan shares equally among their users. But if you’re looking to invest manually, make sure to subscribe to their newsletter to get a piece of the action before everyone else.

Average interest rate: 18.40%
Registered investors: 12,414+
Total funds invested: €30,737,511+
Paid-out interest: € 2,146,477+
Autoinvest: Yes
Buyback guarantee: Partial (up to 90% of the principal amount)

While you might not be aware that Mintos lists business loans on their website, the options provided by Envestio are much more interesting. Among other things, they include real estate development, hotel renovation, crypto mining servers, fish processing plants and several other attractive opportunities.

While I’ve personally invested a fair amount with Envestio, I wouldn’t pour my life savings into the platform. I’m extremely satisfied with the interest they’re sending my way, but nonetheless consider them a a high-risk high-rewardskind of platform.

4. Kuetzal

Kuetzal takes its name from the South American Quetzal bird.

Kuetzal is a new but promising player in the business crowdlending market. Launched in November 2018, Kuetzal has already managed to attract a great number of investors and projects. The platform also provides an opportunity to invest in real-estate development projects with great rates up to 21% pear year.

Kuetzal offers rates as high as 21% from a variety of different investment types, like real-estate, crypto mining containers, cargo transport, restaurants, start-up companies etc.

Interest rate: 10-21%
Minimum investment: €10
Buyback guarantee: On some projects
Autoinvest: No
CEO: Alberts Cevers

Sign up with the referral link below and enter the Kuetzal promo code “ampleinvest” to receive a €15 welcome bonus and 0.5% cashback on all investments you make the first 180 days.

Like Mintos, most loans on Kuetzal are secured by a buyback guarantee. Watch out for the “buy-back” label to select these types of loans. Another thing which makes Kuetzal a great Mintos alternative is Kuetzal Care. This feature allows you to earn interest before the loan gets funded.

Best Consumer Loan Platforms Similar to Mintos

Sites similar to Mintos for investing in consumer loans.

If you’re looking to invest in personal and short-term loans, there’s a plenty of European peer-to-peer lending platforms quite similar to Mintos. These platforms have most of the features you’ll recognize from Mintos (auto-invest, buyback guarantee, high-returns) but host different loan originators in their loan books.

There’s no denying that the market for consumer loans is booming. The number of individuals in Europe and Asia looking for alternative financing methods keeps growing year-by-year. To meet this insatiable demand, more than a few new platforms have entered the peer-to-peer lending scene in recent years. For investors, new opportunities thus arise, and it has never been easier to diversify your portfolio across multiple different sites.

1. Swaper

Mintos vs Swaper

Estonian Swaper takes the first place in this list of peer-to-peer lending sites comparable with Mintos. Swaper offers an straight-forward and pleasant platform for investing in short-term European consumer loans, setting itself apart by offering fixed interest rates at 12% or 14% depending on your deposit.

Average interest rate: 12% (14% when investing €5,000)
Minimum investment: €10
Buyback guarantee: Yes (after 30 days delay)
Secondary market: Yes
Number of investors: 3,000+
Interest paid to investors: 1.5M+
Currencies: EUR, GBP

Investing € 5,000 or more for three months gives you access to Swaper’s loyalty program and you’ll now be able to enjoy 14% in return for all your investments. The fixed rate remains one of the key bonuses that makes Swaper stand out from its competitors.

Swaper shares several common features with Mintos. To mention only a few, you’ll quickly feel at home with their auto-invest manager, while the secondary market lets you resell loans to other users for quick liquidation (manual loan selecting is also possible but quite time consuming). To sum up, this platform definitely makes a great competitor to Mintos.

2. Peerberry

Peerberry vs Mintos

Latvian-based PeerBerry comes in second in this list of consumer loan platforms similar to Mintos. Being a alternative investment marketplace, PeerBerry focuses on personal and payday loans, as well as the more asset-heavy financing of car purchasing and businesses lending.

Looking at Mintos vs PeerBerry side-by-side, PeerBerry offers similar attractive rates around 12% from European and Asian loan originators. Furthermore, they provide a simple auto-invest function and loan buyback guarantee that kicks in after 60 days.

Average interest rate: 11.54%
Minimum investment: €10
Auto-invest: Yes
Secondary market: No
Number of investors: 15,330+
Interest paid to investors: €1,394,000+
Currencies: Euro

At it’s current stage, PeerBerry remains a relatively small and uknown marketplace compared to Mintos. However, it’s small size and low-key status is exactly what makes it an interesting substitute for the giant Mintos has become.

It might interest you to know PeerBerry is part of Aventus Group, which is the very same company that issues loans to consumers. But unlike Mintos, Aventus is actually a profitable company which has paid more than 3,37 thousand Euros in taxes in 2018.

4. Fast Invest

Mintos vs Fastinvest

FAST INVEST or FastInvest is a London-based popular Mintos alternative to invest in consumer loans. What makes Fastinvest different than Mintos is the MoneyBack Guarantee. It allows you to sell the loan back to the platform and retrieve the principal sum after 24 hours (with no interest, however). Loans are backed by the BuyBack Guarantee that kicks in after only 3 days delay. Those are definitely some interesting features to consider when picking a Mintos alternative.

  • Average interest rate: 12.4%
  • Minimum investment: €1
  • Buyback guarantee: Yes (after 3 days)
  • Secondary market: No, but loans can be sold back to originator
  • Number of investors: 30,000+
  • Currencies: Euro
  • CEO: Simona Vaitkune

Loans on FastInvest are pre-funded by the loan originating companies. However, the platform has not revealed the identities of these loan providers. It’s relevant to ask yourself why they would keep that a secret from the investors. In all, Fastinvest offers attractive rates and security mechanisms but its not for the faint-hearted.

5. ViaInvest

Mintos vs Viainvest

Latvian ViaInvest is another interesting peer-to-peer lending marketplace similar to Mintos. This platform focuses on short-term personal loans issued to European consumers (mainly Latvians). ViaInvest is part of the VIA SMS Group that turned a profit 9 million Euro profit in 2018. Considering Mintos vs. ViaInvest, the latter has been profitable for more years, something which should be taken into consideration.

  • Average interest rate: 11.8%
  • Minimum investment: €10
  • Buyback guarantee: Yes (all loans)
  • Auto-invest: Yes
  • Fees: None
  • No. of investors: 11,529
  • Trustpilot score: 7.5%
  • Around 220 employees

The above points make it clear that ViaInvest is quite similar to Mintos in most regards. The average interest rate is not the best, but loan originators on the platform are backed by the mother company (VIA SMS Group). One of the big downsides is that there’s no secondary market. The second is that ViaInvest withholds taxes unless you provide certain documentation.

6. Robo.cash

Mintos vs Robocash
I replaced the obnoxious Robocash robot with this slightly more aesthetic one.

The number 8 alternative to Mintos is the oddly-named platform Robo.cash. Comparing Mintos vs. Robocash, both are peer-to-peer to marketplaces for investing in secured consumer loans in Europe and Asia. Robocash is a great platform for short term investments for those who want to pull out your money within a few years or less.

All Robocash loans come with a buyback guarantee that kicks in automatically after 30 days. The lending site offers no way of investing manually, since all loans are bought through the auto-invest function, hence the name “Robot”. The average interest rate is locked at 12% per year for all loans, reminiscent of the Mintos rates.

  • Average interest rate: 12%
  • Minimum investment: €10
  • Buyback guarantee: Yes
  • Secondary market: Yes
  • Loan duration: Less than 1 month to 12 months
  • CEO: Sergey Sedov
  • Currencies: Euro

The big downside to Robocash in comparison to Mintos is that the platform only pays out interest at the end of the loan term. However, Robocash is part of the RoboCash Group founded in 2012, and this mother group has more than 1,350 employees around the world and has been profitable since 2015, which is a great sign of stability for their investors.

7. Finbee

Mintos vs Finbee

FinBee is a Lithuanian (for a change) that was launched by Laimonas Noreika in 2015. FinBee offers investors a chance to invest in personal or business loans issued to European consumers and businesses. Interest rates are extremely high (some 20% on a lot of loans), but there is no buyback guarantee behind them.

  • Average interest rate: 18%
  • Minimum investment: €5
  • Auto-invest: Yes
  • Buyback guarantee: No
  • Secondary market: Yes, but not free (1% fee)
  • Number of investors: More than 11,725
  • Loan duration: 1 month to 1 year
  • CEO: Laimonas Noreika
  • Currencies: Euro

Similar to Mintos, FinBee loans are graded from A+ to D. I’d personally stay away from anything graded below C, as they’re prone to default. Yet, compared to Mintos, Grupeer and other Latvian-Estonian platforms, the mother company behind FinBee fully regulated company under the Bank of Lithuania, an institution that supervises all national lending companies closely.

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