P2P Lending Interest Rates 2026: What Platforms Pay

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Capital at risk. P2P lending is not a deposit. An advertised interest rate is what a loan pays if everything goes right; borrowers default, buyback promises can fail, and there is no deposit guarantee. This is general information, not personalised advice.

The short answer: European P2P platforms advertised between 6% and 14% a year when we read their own pages on 7 November 2026 — 6% on TWINO's flexible product, 7% on EstateGuru's EG Grow, an expected 7.5% on Monefit's flexible account, around 9–11% on several consumer and farm lenders, and up to 14% on individual loans at Nectaro and LANDE. For comparison, the European Central Bank's deposit facility rate was 2.50%. The gap is payment for risk: the higher the rate, the weaker the security, the more concentrated the lender behind it, or the longer your money is locked. What you actually keep is the advertised rate minus defaults that are not recovered, platform fees, cash sitting idle, and tax.

"P2P interest rates" is one of the questions this site is asked about most, and it is usually answered with a single headline figure from a marketing page. That figure is real, but it is the top of the range, not the middle. This guide lists what each platform advertises today, explains why the numbers differ by a factor of two, and shows how to turn an advertised rate into a realistic expectation.

What P2P platforms advertise in 2026

Each figure is quoted as the platform states it, read on its own site on 7 November 2026 (Lendermarket's statistics page is dated 23 February 2026). They are advertised figures, not guarantees, and they are not calculated the same way, which is why the third column matters.

Reference rate: the ECB deposit facility rate, 2.50% with effect from 16 September 2026 (ECB key interest rates).

Read the table across, not down. A "fixed 6%" product you can withdraw from, a "9.89% average return" whose method is not published, and a "13.46% weighted average interest rate" on loans are three different kinds of number. Only the first is a rate you are told you will receive; the others describe loans or past results.

Why P2P interest rates differ so much

A lender charges more when it is less sure of being repaid. The same logic sets the rates in this table. Five things move them:

Security. Loans secured on property or land (EstateGuru, InRento, LANDE) can be recovered by selling the asset, so they tend to pay less than unsecured consumer loans at the same platform quality. LANDE states loan-to-value ratios of 40–60% on its homepage, meaning the land or machinery is valued at well above the loan.

Who stands behind the buyback. Consumer-loan platforms (Robocash, Lendermarket, Nectaro, TWINO) mostly rely on the loan originator promising to buy back a late loan. That promise is only as strong as the originator. Where every originator belongs to one group, as Robocash and Monefit state for their own lending, a problem in that group hits every loan at once — and higher rates are partly payment for that concentration.

Licence and supervision. A platform supervised as an investment firm or crowdfunding provider has to publish more and follow conduct rules; one that states it "is not regulated under any financial services license", as Robocash does, does not. Supervision does not guarantee repayment, but less of it is a risk you are paid for. Our P2P regulatory status table sorts platforms by licence.

Term and liquidity. Money you can withdraw at any time earns less than money locked up. Monefit's own range shows it plainly: an expected 7.5% on the flexible account against 9.42–10.52% on Vaults locked for 12 to 24 months.

The borrower's own cost of credit. Short-term consumer loans in some markets carry very high borrower rates; the investor rate is what is left after the originator's margin. That is why consumer-loan platforms can advertise double-digit rates — and why their losses, when they come, can be large.

Advertised rate vs what you keep

The advertised rate is the ceiling. Four things take your realised return below it:

Defaults that are not recovered. On a secured loan, a default usually means a delay and a partial recovery; on an unsecured loan with a failed buyback, it can mean a near-total loss on that loan.

Fees. Most platforms charge nothing to invest, but some withhold an interest spread (EstateGuru: 0–2%), charge for withdrawals or for selling early on a secondary market, or charge inactivity fees. Our platform reviews list each schedule.

Cash drag. Money waiting to be invested, or repaid and not yet re-lent, earns nothing. On short-term loans that recycle quickly, idle cash can be a meaningful share of the year.

Tax and currency. Interest is usually taxed as income where you live, and investing in euros from another currency adds exchange-rate gains or losses. Check your platform's annual tax statement and your own country's rules.

A worked example

This is an illustration of the arithmetic, not a forecast for any platform. Suppose you lend €10,000 for a year at an advertised 12%, and 3% of the money ends up in loans that default with half of it recovered after the year ends:

A 12% advertised rate became 9.54% before tax with modest assumptions, and the recovery in this example only arrives after the year ends. Double the default rate or halve the recovery and the result falls further. That gap — between the headline and what an investor keeps — is the single most useful thing to understand about P2P interest rates.

Fixed, expected, average: how to read the number

"Fixed" or "stated" rate (TWINO FLEXI 6%, EstateGuru EG Grow 7%): the rate the product says you will be paid. It is still not guaranteed in the deposit sense — it depends on the platform and the loans behind it being able to pay — but it is the closest thing to a rate you can plan with.

"Expected" rate (Monefit's 7.5% APY): what the provider expects to pay. Read it as a target.

"Average return" (Robocash 9.89%, InRento 11.56%): a backward-looking figure. Unless the platform says how it is calculated — over which period, net of which defaults and fees, weighted how — it cannot be compared with anything else. EstateGuru, which used to show two different undefined averages on its homepage, no longer shows either.

"Interest rate" on loans (Lendermarket's 13.46% weighted average, Nectaro's 9–14%, LANDE's 12–14% projects): what the loans pay before any loss. This is the ceiling, by definition.

What is a good P2P interest rate?

There is no good rate in isolation; there is a rate that is fair for the risk. A useful habit is to subtract a safe reference rate — the ECB's 2.50% deposit facility rate on the date we checked, or the best insured savings rate you can actually get — and ask what the remaining premium is paying you for. On a 6% flexible product the premium is about 3.5 percentage points; on a 13–14% consumer loan it is around 11. The second is not "better"; it is payment for a much larger chance of losing money.

If a platform's rate is far above others with similar security, ask why before you invest — and read the P2P sceptic's guide, which sets out the questions that matter before a platform has a bad year.

Where to compare platforms

For secured, licensed lending, our EstateGuru vs InRento comparison and LANDE review cover property and farm loans; LANDE's per-loan rates and LTVs are on its current loan list. For consumer-loan platforms, start with the TWINO, Lendermarket and Nectaro reviews, and for savings-style products, flexible savings alternatives. The full field is ranked by licence in best P2P lending platforms in Europe, and new investors can start with how to start P2P lending.

Frequently asked questions

What interest rate do P2P lending platforms pay?

On the platforms we checked on 7 November 2026, advertised figures ranged from 6% (TWINO FLEXI, fixed; Go & Grow, up to) to 14% (the top of Nectaro's and LANDE's per-loan ranges). Most consumer-loan and farm-loan platforms advertised 9–13.5%.

Are P2P interest rates guaranteed?

No. Even a "fixed" rate depends on the platform and its borrowers being able to pay, and P2P lending has no deposit guarantee. Advertised averages and loan rates are best cases, not promises.

Why are P2P interest rates higher than savings rates?

Because you take credit risk that a bank deposit does not: borrowers can default, buyback promises can fail, and platforms can close. The extra rate is payment for that risk and for having less access to your money.

How much of the advertised rate will I actually earn?

Less than the headline. Unrecovered defaults, fees, cash waiting to be invested and tax all reduce it; in our illustration above, a 12% advertised rate became 9.54% before tax.

Is P2P interest taxed?

Usually, as income in the country where you are tax-resident. Rules and rates differ by country, so check your platform's annual tax statement and your local rules.

Sources

More P2P guides: Mintos alternatives by licence · P2P lending complete guide · EstateGuru vs InRento.

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