Esketit review 2025
In this Esketit review, you will get an extensive breakdown of the P2P lending platform’s features, pros, and cons. You can see a summary just below or read our full analysis to help you decide if the Esketit platform is the right fit for you.
Esketit
Pros
Cons
Esketit review summary:
Esketit is one of the best P2P lending platforms in Europe for short-term lending. The platform offers investors a high average return of 12.00%. Compared to other platforms this return is extraordinary. With a Buyback guarantee and a group guarantee on loans, Esketit is quite safe. But keep in mind that not all loans are covered by the group guarantee. Investors on Trustpilot have reviewed Esketit as one of the best-performing platforms.
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Introduction to our Esketit review
Esketit has become popular among P2P investors. Is it worth using? This Esketit review can help you decide if the platform is right for you. It should not be considered financial advice and is based on our opinion only. Below is an outline of the topics covered; click the links to learn more.
Learn about the following in our Esketit review:
- What is Esketit?
- Is it safe to invest on Esketit?
- What is the return on Esketit?
- What are the fees on Esketit?
- Who can invest on Esketit?
- How to invest on Esketit?
- How to withdraw money from Esketit?
- What are the best Esketit alternatives?
- Conclusion of our Esketit review
What is Esketit?
Esketit is a peer-to-peer lending platform headquartered in Dublin, Ireland. It was launched in December 2020 and enables investors to fund international consumer loans, offering returns of around 12%. The minimum investment is €10, making it accessible to a broad range of retail investors.
The way Esketit works is by connecting investors and loan originators. Loan originators first pre-fund the loans, then list them on the platform for investors who wish to benefit from the interest paid by borrowers.
More than 24,000 investors have joined Esketit, and the platform has facilitated the funding of loans worth a total of €765,000,000 so far.
Esketit Platform Limited is not regulated, as it is not required in the jurisdiction in which it operates.
Esketit statistics:
| Launched: | 2020 |
| Investors: | 24,000 + |
| Interest rate: | 12 – 14 % |
| Loan period: | 1 – 3 months |
| Loan type: | Consumer |
| Loans funded: | € 765,000,000 + |
| Min. investment: | € 10 |
| Max. investment: | Unlimited |
Esketit Trustpilot rating
Esketit has received a TrustScore of 4.3/5 based on 224 reviews on Trustpilot. Many investors praise the platform’s intuitive interface, fast customer support, short-term liquidity, and transparent buyback guarantees, while others point to persistent cash drag with diminishing returns due to a limited supply of new loans as a key drawback. Despite this issue, most users remain confident in Esketit’s reliability and overall performance.
Is it safe to invest on Esketit?
Esketit is one of the safest P2P lending platforms in Europe. It has been operating reliably since 2020, with no capital loss for investors. The current default rate is 0%, and all loans are performing well.
All loans listed on Esketit include a buyback obligation, and loans from the AvaFin Group are also covered by a group guarantee, providing an extra layer of safety.
Although Esketit is not regulated, it is owned by the profitable lending group AvaFin, which indicates that the platform is legitimate and not a scam.
Esketit buyback guarantee
On Esketit, most loans are covered by a 60-day buyback guarantee. This means that if a borrower is more than 60 days late with repayments, the loan originator automatically repurchases the loan from the investor along with accrued interest.
The Esketit buyback guarantee has a duration of 60 days, which is the industry standard. This is longer compared to Robocash and Loanch, which offer the shortest buyback duration on the market at 30 days.
Investors should keep in mind that the reliability of the Esketit buyback obligation depends on the financial stability of the loan originators. If the loan originators are unable to buy back the loans, the buyback guarantee becomes worthless.
Loan originators
Esketit has 10 loan originators in 7 countries that deal in 4 different loan types, making it a decent marketplace for diversification.
Esketit requires loan originators to retain 5% skin in the game on each loan, which is in the lower end of the industry norm of 5-10%. By holding a portion of the loan themselves, originators share the risk with investors. This shared responsibility typically encourages more careful underwriting and discourages reckless lending practices.
Esketit group guarantee
Esketit offers a group guarantee for loans from the AvaFin Group. This guarantee is activated if a loan originator is unable to honor the buyback guarantee. In such cases, AvaFin steps in to fulfil the buyback obligation, ensuring the protection of investors’ investments.
The Esketit group guarantee applies only to some of the loans on the marketplace. It does not apply to loans from Jordan.
The reliability of the Esketit group guarantee depends on the financial health of the AvaFin Group, which means that investors should continuously pay attention to the financial stability of the group.
How solid is the company?
Esketit is owned by AvaFin – a highly experienced lending company with over 10 years of experience.
AvaFin reported a €7.8 million net profit in 2023. The company behind Esketit is one of the safer when you compare it to other platforms. But still, the company can be a risk factor worth considering if you are looking to invest in P2P loans on Esketit.
Two-factor authentication
Esketit offers two-factor authentication (2FA) to enhance the security of user accounts. This feature is compatible with the Google Authenticator app, creating unique, time-based codes that protect investor funds from unauthorized entry. Since hackers have previously targeted P2P lending platforms, enabling 2FA is highly advisable.
What is the return on Esketit?
Esketit’s average annual investment return is 11.99%. Compared to other P2P investment platforms, which advertise annual returns of up to 15%, Esketit’s performance sits around the mid-range. Higher advertised returns generally suggest higher risk, so Esketit’s moderate rate may indicate a more balanced risk-reward profile.
The interest rates on Esketit ranges from 7% to 14%, which can be appealing, though some investors experience cash drag — when funds stay idle awaiting new loan opportunities. This idle period can pull down the effective yield, leaving actual returns slightly lower than the headline figures.
Despite occasional concerns about funding availability, the return on Esketit has shown relative consistency over time, offering investors a reasonably stable P2P investment option.
Esketit loyalty program:
The Esketit loyalty program is set up to reward large investments over €25,000, with bonuses on Jordan loans that can enhance returns for those willing to allocate substantial funds.
- Gold Investor: Get a 0.50% bonus on Jordan loans for portfolios over €25,000.
- Platinum Investor: Get a 1.00% bonus on Jordan loans for portfolios over €50,000.
The Esketit loyalty program has limitations because it only provides bonuses for Jordan loans and offers lower rewards compared to many competitors. In comparison, Swaper offers a more attractive 2% bonus applicable to all loans for a similar investment amount. For smaller investors, Hive5, PeerBerry, Lonvest, and Robocash offer more competitive loyalty programs than Esketit.
Time-limited welcome bonus
Readers of this Esketit review are eligible for a 0.5% cashback bonus on all investments for 90 days. To unlock this time-limited offer, new investors must sign up using the button below and invest at least €10. No Esketit promo code is required.
What are the fees on Esketit?
Esketit does not charge any fees to investors. Opening an account, making investments, and withdrawing funds are all free. This transparent pricing model makes it easier for investors to predict their returns and costs from the start.
Esketit’s revenue comes from commissions charged to loan originators (the companies listing loans on the platform), rather than from investor fees.
- Deposit fee: No
- Investment fee: No
- Inactivity fee: No
- Selling fee: No
- Withdrawal fee: No
By offering a 0% fee structure and avoiding hidden charges, Esketit distinguishes itself from the largest competitor Mintos, which employ more complex fee structures involving multiple service charges.
Does Esketit withhold taxes?
Esketit does not withhold taxes from investors’ earnings. This makes it easier to handle your taxes compared to some regulated competitors such as Mintos, NEO Finance, VIAINVEST and TWINO, which do withhold a portion of your earnings for tax purposes.
Tax report
Esketit provides a tax report to simplify declaring your earnings to local authorities. You can download your tax statement in your dashboard on the platform.
Who can invest on Esketit?
Both private individuals and registered legal entities can open an account and invest on Esketit. Here are the core requirements:
- Be at least 18 years old
- Have a bank account in the EU or EEA
- Not be a citizen of any country on the FATF AML list or the EU high-risk jurisdictions list
If you fulfill these requirements, you can start investing at https://esketit.com/.
How to invest on Esketit?
Before you can start investing on Esketit, you must complete the following steps:
- Sign up on the Esketit website.
- Verify your identity.
- Complete the KYC questionnaire.
- Deposit funds into your account.
The entire registration process usually takes about 5-10 minutes, including signing up, verifying your identity, filling out any required questionnaires, and making your first deposit.
You can deposit money into your Esketit account using SEPA transfers, as well as the third-party payment service Ecommpay for instant deposits. The minimum deposit is €0.01, and funds typically arrive within 1-3 business days. It is only possible to deposit funds in Euros (EUR).
Once you have funded your account, you can start investing in P2P loans on the platform. Esketit allows you to invest manually by browsing available loans or automatically using a predefined or custom auto-invest strategy.
Esketit auto-invest
Esketit provides an auto-invest feature to automatically allocate funds into suitable loan investments based on each investor’s predefined criteria, saving time and simplifying the investment process.
The auto-invest tool enables you to configure key parameters, including portfolio size, maximum investment per loan, interest rate, loan term, loan type, loan status, countries, and loan originators. You can also automatically reinvest all returns.
Setting up a Esketit auto-invest strategy only takes 1 minute, and your funds should be invested within a few hours. If your auto-invest is not working, it is usually due to a lack of loans that meet your criteria. This can happen when your filters are too narrow or when no suitable loans are available.
Esketit strategies
Esketit has made some predefined auto-invest strategies. These are useful if you just want to get started with investing quickly.
How to withdraw money from Esketit?
You can withdraw your uninvested funds from Esketit at any time using the withdrawal section of your investor account. The minimum withdrawal amount is €0.01 and it usually takes 1-2 business days for your funds to arrive in your bank account.
Esketit does not charge any fees for withdrawing funds from your account, but your bank may charge fees for receiving international transfers.
To exit Esketit, you must first turn off all auto-invest strategies and sell any existing loans on the secondary market. If you hold non-performing loans, the platform must first recover the underlying debt before allowing withdrawals, which can negatively affect your liquidity.
Esketit secondary market
Esketit offers a secondary market for all its investments, enabling investors to sell their loans before maturity. The Esketit secondary market does not have any fees for either buyers or sellers.
Esketit has one of the most liquid fee-free secondary markets among P2P lending platforms. The time it takes to sell investments depends on the price set by the seller and current market conditions. Sellers have the flexibility to list loans at face value or to apply discounts or premiums to attract potential buyers. Premiums are capped at 2% to avoid excessive markups.
While Esketit offers a free and very liquid secondary market, Mintos can be a better alternative for investors prioritizing liquidity and uncapped premiums, although it does charge a 0.85% selling fee.
What are the best Esketit alternatives?
Some of the best alternatives to Esketit are PeerBerry, Robocash and Income Marketplace.
Conclusion of our Esketit review
Esketit is one of the best P2P lending platforms in Europe for short-term lending. The platform stands out for its combination of high average returns, affiliation with the established Creamfinance Group, and a group guarantee that provides an added layer of security.
While Esketit features user-friendly navigation, a buyback guarantee on all loans, and a strong track record since 2020, not all loans benefit from the group guarantee, and diversification is limited due to fewer loan originators.
Esketit is worth considering for investors who want competitive interest rates, shorter loan periods, and are comfortable relying on the stability of a single lending group. It might not be a good fit for risk-averse individuals or those seeking a more diversified marketplace with multiple loan sources. If you prefer a platform with more diversification, consider other P2P lending platforms.