What P2P lending platforms are open to international investors? If you are interested in exploring peer to peer lending to diversify your portfolio, consider these platforms in your research. Remember, some P2P lending platforms for international investors are regionally limited; for example, the company Zopa started in 2005 but has spent its existence catering only to investors in the United Kingdom.
An important consideration when reviewing these platforms; investors who don’t use the main currency on these platforms will need to be mindful of exchange rates when it’s time to collect. There may also be fees for certain services or transactions–know your terms and conditions before you invest.
Kiva is an international nonprofit founded in 2005 and operates by matching P2P investors with small business owners around the world. This is a P2P lending platform with a reported 96.1% repayment rate. Lending begins at $25 but Kiva loans don’t generate interest.
A 2019 Estonian startup, Nibble was established for P2P-funded loans in Russia and Spain, with all transactions conducted in Euros. Investors with European bank accounts are welcome, payments are featured weekly and there is a minimum €10 investment.
The Nibble official site states that it is “not a market place” but rather operates as a platform “for investing in loans, issued by the companies joint under Joymoney brand within IT Smart Finance holding”. Nibble serves as a go-between for investors and lenders.
This is a socially aware P2P investment group that focuses on lending to small business people in underserved communities in India; investors are allowed from any country but may accept investments from outside the country “as long as you have valid KYC documents” and accept that “…investments can only be made in Indian currency through an Indian bank account” according to the official site.
This platform is open to international investors but the process is more complicated for those outside of the EU as non-EU investors are welcomed on a case-by-case basis. Investments on this platform, regardless of the source, must be done in Euros.
This platform features loans to applicants in Latvia, Estonia, Lithuania and Georgia, with certain lending secured by assets or a promise of a buyback. Mintos is open to investors from the European Union and elsewhere. Trading is done in multiple currencies.
This is described as equity-based crowdfunding–investors put their money in companies in exchange for equity with a minimum investment of £10. Crowdcube operates like certain crowdfunding operations in that it either pays the entire investment target or none at all.
Crowdcube operates on the “all or nothing” model. When a pitch reaches its investment target, the business receives the funding raised. If it doesn’t, no funds are taken from investors. Successful funding campaigns are charged a commission.
The official site of this peer to peer lending marketplace describes itself as a “flexible, diversified, hustle free” platform to provide opportunities to P2P investors. Investors can choose from a pool of P2P loans with filterable criteria for interest rates, whether the investment has a buyback option, and interest rates are paid monthly.