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Solid returns and Buyback, but the recent platform migration has severely damaged investor trust and liquidity.
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€10.00
€100,000.00
Moderate risk with balanced returns
11.0%
0 reviews
Community total (base currency)
Without bonuses
Community members
3.2/5
Esketit offers attractive interest rates backed by a reliable Buyback Guarantee. However, the non-transparent handling of the platform's migration from Ireland to Croatia, including the freezing of liquidity for existing portfolios, raises serious operational and trust concerns that new investors must weigh carefully.
A P2P platform offering consumer loans with a strong Buyback Guarantee, but facing recent regulatory transition issues.
Looking for passive income through consumer loans? Esketit offers investment opportunities in diverse markets, primarily focusing on loans originated by their affiliated lending group. While offering high expected returns and a Buyback Guarantee, recent platform transitions have introduced significant liquidity and transparency concerns for existing investors.
Esketit is a P2P lending platform established in 2019, originating from Ireland and recently transitioning its operations to Croatia. It focuses on offering investors claim rights in personal loans, primarily from affiliated loan originators (part of the Creamfinance group). The platform emphasizes ease of use and automated investing.
Investors are attracted to Esketit for its relatively high returns (around 12%), the safety net provided by the Buyback Guarantee, and the simplicity of its Auto-Invest feature. It provides diversification opportunities across several markets, allowing for hands-off passive income generation.
The investment process is straightforward: 1. Sign up and complete KYC verification (recent transition requires re-verification). 2. Deposit funds (Euros accepted). 3. Set up the Auto-Invest strategy based on desired interest rates and loan terms. 4. Funds are automatically invested in available loans. 5. Earn interest and receive repayments, often protected by the Buyback Guarantee.
The primary investment type, focusing on short to medium-term personal loans originated by affiliated lending companies in various markets.
Loan Types: Personal loans, Installment loans
Liquidity: Typically short-term consumer loans, ranging from 1 to 60 months.
Fees:
Risk Level: Medium-High
Risk Factors:
Risk Mitigation:
Suited for investors willing to accept medium-high risk in exchange for potential 12%+ returns, relying heavily on the Buyback Guarantee.
Ideal for those who value the Auto-Invest feature and a hands-off approach, only needing to monitor the portfolio occasionally.
The minimum investment amount per loan part on Esketit is typically €10, allowing investors to start diversifying their portfolio even with small capital.
The Buyback Guarantee is provided by the Loan Originator. If a borrower delays a payment by 60 days or more, the Loan Originator is obliged to repurchase the claim from the investor, covering the outstanding principal and accrued interest.
Due to the platform’s transition from Esketit Ireland to Esketit Croatia, the Secondary Market and Cash Out functionalities for claims on the legacy Ireland platform have been disabled. This means existing investments are locked until maturity or borrower repayment. New investments on the Croatia platform may see these features reintroduced later.
Esketit generally does not charge investors platform fees for primary market investments or withdrawals. Any fees associated with selling on the secondary market (if available) would typically be covered by the premium or discount applied to the sale.
Esketit primarily offers investment in short-term and installment Consumer Loans originated by the Creamfinance Group and other affiliated Loan Originators, often across markets like Jordan, Czech Republic, and Poland.
Esketit's regulatory status is complex due to its recent transition. While previously operating under Irish jurisdiction, the platform is moving toward regulation or registration under Croatian/EU frameworks. Investors should monitor the regulatory status of the new entity closely.
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