Esketit review 2024

Is Esketit a great platform for P2P lending? Find out in our Esketit review below:

+10k users



  • Excellent rating on Trustpilot
  • Great geographical diversification
  • BuyBack obligation on loans
  • Group guarantee on some loans
  • A secondary market is available
  • Many different loan originators
  • Auto-invest is available
  • No fees for investors


  • Unregulated platform
  • Limited availability of loans due to popularity
  • Loans from Jordan are not covered by the group guarantee

Review summary:

Esketit is one of the very best P2P lending platforms for short-term lending. The platform is owned and run by AvaFin which is a lending group with over 10 years of experience. Esketit is fairly safe with both a Buyback guarantee and a group guarantee on loans. But keep in mind that the group guarantee doesn’t cover all loans. Esketit is one of the most highly rated platforms on Trustpilot in the P2P industry.

It’s free to use the platform.

At, we strive to list only the absolute best companies in the P2P industry. Where appropriate, we also feature our partners. This doesn’t influence our evaluations. All opinions are our own.

Introduction to our Esketit review

Are you considering investing via Esketit? Then read on. We’ve written this review to help investors determine if Esketit is the right choice for them.

Below you will find an overview of the things that we will discuss more in detail in this Esketit review. Simply click on the links to jump directly to the thing you want to know more about.

Learn about this in our Esketit review:

What is Esketit?

Esketit is a peer-to-peer (P2P) lending platform based in Dublin, Ireland. It was launched in 2020 by the founders Davis Barons and Matiss Ansviesulis, who are also the founders of AvaFin (formerly Creamfinance Group).

Esketit review

The platform allows investors from Europe to invest in short-term consumer loans from lending companies owned by AvaFin. The loans have an average annual return of 12.35% and are secured with a BuyBack obligation and sometimes an additional group guarantee – two key features that will be explained later in this review.

Since its inception, Esketit has been one of the fastest-growing P2P lending platforms in Europe. Today it has a user base of over 19,300 investors who collectively have funded more than €475,000,000 in P2P loans from the loan originators on the platform.

With a minimum investment of €10, you can start investing at

Esketit statistics:

Loan Type:Consumer
Loan Period:0 – 24 Months
Loans Funded:€ 475,000,000 +
Esketit Users:19,300 +
Minimum Investment:€ 10
Maximum Investment:Unlimited
Esketit Interest Rate:12.35%

How Esketit works

The Esketit marketplace works by connecting private investors from Europe with different lending companies.

On the platform, investors can invest in parts of the loans (claim rights) issued by the lending companies.

When Esketit users invest in claim rights on the marketplace, the loan originators get more liquidity. This makes it possible for lending companies to issue more loans and grow their business further.

Most of the lending companies on Esketit are a part of AvaFin. This is because Esketit was created by AvaFin.

The current loan originators on Esketit are:

  • Spanda Capital
  • Money for Finance
  • Lendon
  • CreditAir
  • Utopia Music
  • Creditosi
  • A24 Group

Frequently asked questions:

Peer-to-Peer lending platforms are a great alternative to investments like real estate, stocks, bonds, etc. This is due to the fact that P2P lending can provide further diversification to your overall investment portfolio while offering higher historical returns than traditional investments. In recent years it has not been unusual to see stable returns of over 10% annually.

All investing includes risks. However, Esketit has done a lot of effort to make investments on its platform as safe as possible. In our Esketit review, you can learn more about platform safety in this section.

Since Esketit is a fairly new company with a short track record, there are currently no publicly available annual reports on the platform to verify if the platform is profitable or not.

Esketit is a part of the Creamfinance. Judging by the financials of Cream Finance Holding LTD, the company seems to be in a fairly good position.

  1. Create an account.
  2. Transfer money to your account.
  3. Set up Esketit auto-invest or invest manually.
  4. Log in to your account from time to time to check on your investments.

Key features

We have already taken a look at some of the reasons why Esketit has become a popular choice among investors. In the following, we take a closer look at some of the key features that make it easy to invest via the platform:

1. Esketit BuyBack obligation

Esketit offers a 60-day BuyBack obligation for all its loans.

In case the borrower doesn’t follow the payment schedule for 60 days or defaults on the loan, the lending company is obligated to buy back the claim right from the investor.

As the loans are covered by a BuyBack obligation, the primary risk you should be looking at is the risk of a loan originator default. In some cases, this risk is also mitigated by Esketit. More on this in the following:

2. Esketit group guarantee

Since there is the risk of loan originators going bust and not being able to fulfill their BuyBack obligation, Esketit has implemented a group guarantee for AvaFin loans to protect investors further.

If a loan is covered by a group guarantee the loan originator is going bankrupt, AvaFin has to step in and fulfill the BuyBack obligation instead.

The group guarantee does not back the loans from Jordan on the Esketit marketplace.

3. Esketit auto-invest

Most investors prefer not to spend time manually selecting loans. Here the Esketit auto-invest feature comes in handy.

To use the Esketit auto-invest tool, do the following:

  1. Sign up at
  2. Log in to your account
  3. Click “Auto-Invest” in the navigation
  4. Decide how you want to invest

On the platform, you can either use Esketit strategies or create your own auto-invest strategy to automate your investments.

Esketit strategies

Esketit strategies

The clear benefit of investing with the predefined Esketit strategies is you get better access to liquidity.

Custom auto-invest

Esketit auto-invest

The benefit of using a custom auto-invest strategy is that you get full control of which investments you get.

4. Esketit secondary market

Esketit has a secondary market for buying and selling loans.

The secondary market is very useful if you want to exit the platform and invest elsewhere.

It is up to the investors what price they want to sell their loans for. This means that it is possible to sell loans at a premium or a discount.

Buyers can benefit from this by scooping up loans at a discount on the secondary market.

Contrary to a lot of other P2P lending platforms, there are no fees for using the secondary market on Esketit.

5. Esketit cashback bonus of 1%

Esketit offers a cashback bonus of 1% for the first 90 days for new investors who get referred by affiliates of the platform.

We have included our referral links from the platform on this page. So if you sign up with one of the links from this page, you can get the bonus.

Simply click the button below to get the 1% Esketit bonus (no referral code or promo code needed):

Esketit investment fees

Here is an overview of fees associated with using Esketit as an investor:

Fee typeEsketit
Deposit feeFree of charge
Investment feeFree of charge
Inactivity feeFree of charge
Selling feeFree of charge
Withdrawal feeFree of charge

Esketit does not charge any fees from its investors. Instead, Esketit earns its money from the lending companies on the platform. This is a significant advantage as you can invest your money without worrying about hidden costs eating into your profits. With this fee structure, it’s also straightforward to calculate the exact return on your investment.

Esketit’s fee structure is very investor-friendly, compared to larger competitors like Mintos and EstateGuru which charge fees for nearly all activities not directly profitable to them. It is not unusual to see high fees of up to 2-3% for selling loans on the secondary market, as well as monthly inactivity fees and high withdrawal fees. This means that you can save a lot of money on fees by choosing Esketit.

However, while Esketit does not charge for deposits and withdrawals, it’s worth noting that other financial institutions like your bank may impose small fees for sending and receiving money.

Who can use Esketit?

Both individuals and companies can invest via Esketit.


Individuals wanting to invest via Esketit are required to:

  • Be at least 18 years old
  • Live in the EU

If you can meet the requirements above, you can probably start investing via the platform.


If you own a company, you can also use it to invest via Esketit.

When signing up, you must simply choose “Company / Legal / Institutional” instead of signing up as an individual.

Available countries

Esketit is available to investors who live in the European Economic Area (European Union, Iceland, Liechtenstein, and Norway).

If you are looking for a similar platform that is available outside of Europe, you should check out Lendermarket or Bondster.

How safe is Esketit?

To determine if Esketit is safe, we have taken a look at some of the potential upsides and downsides of investing with Esketit. 

1. Esketit profitability 

Since Esketit is a fairly new company with a short track record, there are currently no publicly available annual reports on the platform to verify if the platform is profitable or not.

Esketit is a part of AvaFin. Judging by the financials, the company seems to be in a fairly good position.

2. Main risks

In the following, we go through some of the main risks of using Esketit that we have considered:

Loan default risk

When you invest in loans on crowdlending platforms, there is a risk that the borrower will not be able to repay his loan. In that case, your investment is usually lost.

All loans on the Esketit marketplace have a BuyBack obligation that secures you against this type of event.

The BuyBack obligation is provided by the loan originators on the platform.

The best way to secure yourself against the loan default risk is to invest in many different loans that are secured by the Esketit BuyBack obligation.

Loan originators risk

The loan originators also pose a risk to investors. If they are not in control of their finances, have poor management, or the like, then they run the risk of going bankrupt like any other business. This can mean that they end up being unable to exercise their BuyBack obligation.

Esketit loan originators

To protect you against the loan originator risk, Esketit has created a group guarantee for AvaFin loans. If the lending company goes bankrupt, AvaFin will then have to fulfill the BuyBack obligation instead of the lending company.

The group guarantee is not available for loans from Jordan.

Esketit bankruptcy risk

As with any business, there is a risk of Esketit going bust. The platform follows the best practices in the P2P lending industry, which means that your investments should still be valid even if Esketit goes bankrupt.

Financial turndown risk

As P2P investing is a newer thing in the investment world, it can be difficult to predict how a financial turndown would affect this form of investment. As a starting point, it is, therefore, a terrible idea to invest your entire investment portfolio in P2P investments.

Therefore, many investors also choose to diversify into more traditional forms of investment such as equities, bonds, and traditional real estate.

Since investing is an individual thing, we do not know what will be best for you. But if you put together your investment portfolio, make sure that it reflects your knowledge of the investments in it, as well as your risk appetite. If in doubt about how to do so, make sure to seek help from a professional investment planner.

Is Esketit safe?

Esketit has done a lot to make investors as safe as possible. They do this with both a BuyBack obligation on loans and a group guarantee in case the loan originators fail to fulfill their BuyBack obligation.

Unfortunately, the group guarantee doesn’t cover loans from Jordan which makes them riskier than other loans on the Esketit. But these loans also come with a higher interest rate to compensate for the added risk.

Furthermore, other factors such as a lack of knowledge about how a financial turndown will affect the P2P lending industry are also risk factors that are worth considering.

Our experience with Esketit

We recently tested the Esketit and were pleasantly surprised by the platform’s user-friendly interface. Esketit is incredibly easy to navigate and beats most other platforms when it comes to the investor experience.

The platform also offers a range of features and tools such as auto-invest that help to make investing with Esketit straightforward.

We also like the fact that the platform is owned by a lending group with + 10 years of experience in the industry. This is especially important when the platform is focused on loans with high returns that come with a real risk.

Based on our experience with Esketit, we believe that the platform is suitable for both beginners and more experienced investors. If you are new to P2P investing, you will have to keep in mind that there is a real risk when investing on the platform.

Esketit reviews on Trustpilot

Trustpilot is a great place to learn what other people think of Esketit. We have collected some relevant Esketit reviews from Trustpilot for you to take a closer look at:

5 star Esketit review on Trustpilot

Best Esketit alternatives

Not sure Esketit is the right choice for you? Then there are also some good Esketit alternatives to consider. The following are some of our favorites:

Even if you use Esketit, it might be a good idea to take a closer look at some of the above platforms. By using multiple platforms, you can reduce your platform risk and diversify your portfolio further.

Conclusion of our Esketit review

Esketit is currently one of the very best picks for investing in short-term consumer lending. This is due to the fact that Esketit is owned by AvaFin which is a highly experienced lending group with +10 years of experience.

The platform is very user-friendly and has all the necessary features such as auto-invest for automating your investments and a secondary market for making an early exit.

Esketit is protecting investors with both a BuyBack obligation and a group guarantee. However, the group guarantee is not available for all lending companies. As an example, you are not covered by the group guarantee when investing in loans from Jordan. However, these loans come with a higher interest rate to compensate for the added risk.

Esketit is one of the most highly rated P2P lending companies on Trustpilot. The platform has received an excellent rating.

Overall, Esketit is an excellent choice as a P2P lending platform for both beginners and more experienced P2P investors.