Nectaro review 2025
In this Nectaro review, you can examine the P2P lending platform’s features, advantages, and potential downsides. Dive deep into our full analysis of Nectaro’s offering or see a summary of the primary findings in the box below:
Nectaro
Pros
Cons
Nectaro review summary:
Nectaro is a P2P lending platform offering competitive returns of 13.11% annually, backed by a buyback guarantee. Regulated by the Central Bank of Latvia, it provides a secure investment environment. However, it lacks a secondary market, limiting liquidity, and has received mixed reviews regarding customer support and KYC processes. While it offers high-yield opportunities, investors should be prepared for the associated risks and limited flexibility.
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Introduction to our Nectaro review
In the full review, we provide an in-depth analysis of Nectaro and how the platform compares to the +30 other P2P lending platforms we have tested and reviewed since 2019.
Read our Nectaro review for insights on its benefits, drawbacks, and risk mitigation strategies. We examine Nectaro’s features, investor implications, missed opportunities, and the risks involved. This Nectaro.eu review is our opinion and not financial advice.
Learn about the following in our Nectaro review:
- What is Nectaro?
- What is the return on Nectaro?
- Is it safe to invest on Nectaro?
- Who can invest on Nectaro?
- How to invest on Nectaro?
- How to withdraw money from Nectaro?
- What are the best Nectaro alternatives?
- Conclusion of our Nectaro review
What is Nectaro?
Nectaro is a peer-to-peer lending platform based in Latvia. It officially launched in 2023, allowing investors to fund personal loans from Latvia, Romania and Moldova. The platform advertises returns of up to 14% per year.
Nectaro works by pooling investor funds into bundles of loans issued by EcoFinance, a loan originator within the same corporate group. Investors effectively lend money to EcoFinance, which underwrites the loans to borrowers. The minimum investment on Nectaro is €50.
The platform has attracted around 5,900 investors and has raised a total of €800,000.
Nectaro SIA is regulated and holds an investment brokerage license (license number 27-55/2023/3) issued by the Central Bank of Latvia, and therefore operates under Latvian financial regulatory supervision.
Nectaro statistics:
| Launched: | 2023 |
| Investors: | 5,900 + |
| Interest rate: | 10 – 14 % |
| Loan period: | 12 – 58 months |
| Loan type: | Consumer |
| Loans funded: | € 800,000 + |
| Min. investment: | € 50 |
| Max. investment: | Unlimited |
Nectaro Trustpilot rating
Nectaro has received a TrustScore of 2.8/5 based on 7 reviews on Trustpilot. While some users praise the platform’s competitive returns, successful real-time deposits, and overall potential as a new investment option, others report frustration with long KYC processes, missing funds, slow or unresponsive support, and limited transparency. Despite these issues, some investors remain optimistic about future improvements and are willing to give the platform more time to evolve.
What is the return on Nectaro?
Nectaro’s average annual investment return is 13.11%. This rate places Nectaro among platforms with relatively high returns, which can indicate a higher risk profile compared to other European P2P lending platforms.
The interest rates on Nectaro ranges from 10% to 14%, making the platform competitive for investors seeking moderate to high returns. Although it may not boast the very highest interest rates in the P2P market, many investors find the return to be balanced against the overall reliability and stability that Nectaro aims to provide.
Time-limited welcome bonus
Readers of this Nectaro review are eligible for a 1% cashback bonus on all investments for 21 days. To unlock this time-limited offer, new investors must sign up using the button below and invest at least €50. No Nectaro promo code is required.
Does Nectaro withhold taxes?
Nectaro is legally required to withhold taxes on interest income from loans on its platform. This can make handling your taxes more complex than on platforms such as Lendermarket, Swaper, or PeerBerry, which do not withhold taxes.
The standard withholding tax rate on Nectaro is 5% for EU/EEA tax residents and 20% for Latvian tax residents. Investors from Lithuania can reduce their tax rate to 0% by providing a valid tax residency certificate.
Tax report
Nectaro provides a tax report to help you declare your earnings to local authorities. You can request your tax report by sending an email to [email protected].
Is it safe to invest on Nectaro?
Nectaro is one of the safest high-yield P2P lending platforms, having operated reliably since 2023 without any capital loss for investors. The platform maintains a transparent approach to loan performance, with 72.8% of loans currently on time and not delayed. Every loan listed on Nectaro benefits from a buyback guarantee, offering an extra layer of security to investors.
Licensed and regulated platform
Nectaro SIA is regulated and holds an investment brokerage firm license from the Central Bank of Latvia (License number 27-5520233), which suggests that the platform is legitimate and not a scam.
Insolvency protection
Nectaro participates in the national investor compensation scheme of the Republic of Latvia, aligned with the EU Directive 97/9/EC. If the platform becomes insolvent and cannot provide investment services, retail investors are eligible for compensation covering 90% of any irreversible loss, up to a maximum of €20,000.
Nectaro is required to keep investor funds separate from its own account, which means that in the event of insolvency, investor funds are safeguarded and cannot be accessed by creditors to settle Nectaro’s debts.
Nectaro buyback guarantee
On Nectaro, all 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 Nectaro 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 Nectaro buyback guarantee 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.
Two-factor authentication
Nectaro offers two-factor authentication (2FA) to strengthen account security. This feature generates unique, time-based passcodes to protect investor funds from unauthorized access. Since hackers have targeted P2P lending platforms in the past, enabling 2FA is strongly recommended.
Who can invest on Nectaro?
To invest on Nectaro, you must meet the following requirements:
- Be at least 18 years old
- Reside in an EEA country
- Have a valid passport or ID
If you meet these requirements, you can start investing at https://nectaro.eu/.
How to invest on Nectaro?
Before you can start investing on Nectaro, you must complete the following steps:
- Sign up on the Nectaro 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 Nectaro account using SEPA transfers. 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. Nectaro allows you to invest manually by browsing available loans or automatically using an auto-invest strategy.
Nectaro auto-invest
Nectaro 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, interest rate, loan term, and countries.
Setting up a Nectaro 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.
How to withdraw money from Nectaro?
You can withdraw your uninvested funds from Nectaro at any time using the withdrawal section of your investor account. The minimum withdrawal amount is €10 and it usually takes 1-2 business days for your funds to arrive in your bank account.
Nectaro does not charge any fees for withdrawing funds from your account, but your bank may charge fees for receiving international transfers.
To exit Nectaro, you must first turn off all auto-invest strategies and wait for any outstanding loans to mature. If you hold non-performing loans, the platform must first recover the underlying debt before allowing withdrawals, which can negatively affect your liquidity.
No secondary market
Nectaro does not have a secondary market, which means that investors must hold loans until they reach maturity. While this may not pose a problem for short-term loans, it can present a significant liquidity risk for investors with long-term loans.
The lack of a Nectaro secondary market is a major drawback compared to other platforms like Robocash and Esketit, which offer secondary markets for enhanced liquidity.
What are the best Nectaro alternatives?
Some of the best alternatives to Nectaro are Hive5, Lendermarket and Esketit.
Conclusion of our Nectaro review
Nectaro is an appealing P2P lending platform due to its regulated status and relatively high average return of 13.11%. The platform sets itself apart by operating under oversight from the Central Bank of Latvia, which adds credibility, and by offering a buyback guarantee on all loans.
While Nectaro provides a competitive interest rate, a user-friendly auto-invest feature, and a zero-fee approach, it lacks a secondary market and has drawn some criticism for slow support and lengthy KYC procedures.
Nectaro might be worth it for investors seeking higher yields and a regulated environment. It might not be a good investment for those who prioritize immediate liquidity or expect rapid customer service responses. If you prefer a more established platform with readily available liquidity options, consider other P2P lending platforms.
