Esketit is a P2P platform based in Riga, Latvia, but incorporated in Ireland. The business model is similar to that of platforms like Moncera or Lendermarket, for which there are already guides on this blog. Like the two companies mentioned, a larger group of companies is behind the scenes. CreamFinance or the new brand AvaFin, a well-known and well-established Mintos lender.

Esketit Review 2025 – 11% return on investment and a serious company in the background

Last updated:April 8, 2025

Are you looking for an exciting new P2P platform with solid returns? Then Esketit might be worth your attention! Since its launch in 2021, the platform has quickly gained traction – thanks in part to its connection with an established loan originator from the Mintos ecosystem.

This guide will give you everything you need to know about Esketit: How does it work? What are the risks and opportunities? And most importantly – is it worth investing in? I’ll share my personal experiences to help you make an informed decision.

Esketit has already received positive feedback in the P2P community. But what’s really behind the name, which translates to “Let’s get it”? Let’s take a closer look at the platform!

You can find additional tutorials on the homepage of the English section of my blog.

0.5% cashback on investments for the first 90 days!*

Skin in the Game: I’ve personally invested over 14,000 EUR on this P2P platform myself!

ᐅ Disclaimer
Please note my disclaimer. I do not provide any investment advice or make any recommendations. I am personally invested in all the P2P platforms I report on. All information is provided without guarantee. Past performance is not indicative of future results. All links to investment platforms are usually affiliate/advertisement links (possibly marked with *), where you can benefit, and I earn a small commission.

Inhalte

What is Esketit?
Esketit Review – Key Data at a glance
- Esketit experiences of the community
- The history of Esketit
- The last 3 news from Esketit
Investor Registration
Esketit Review – How does the platform work?
Esketit Risk
Esketit Review in crisis situations
- Esketit in the COVID-19 crisis 2020
- Esketit in the Ukraine crisis 2022
Advantages and disadvantages of Esketit
- Disadvantages ➖
- Advantages ➕
Evaluation of my Esketit Review

What is Esketit?

Esketit is a P2P platform from Riga, but is registered in Ireland. The business model is similar to that of the Lendermarket platform, for which there is already a guide here on the blog. As with Lendermarket, there is a larger group of companies in the background (which is not so shady, however). CreamFinance or the new brand AvaFin, a well-known and well-established ex-Mintos lender.

According to my Esketit review so far, the P2P platform is aimed at private investors and currently offers short-term P2P loans (consumer loans) from the parent company CreamFinance / AvaFin.

Occasionally, however, there are also business loans on Esketit. CreamFinance / AvaFin has been around since 2012 and has 400 employees from around 15 countries. It brings together several credit brands under one roof. Additional to that the company announced in 2023 that they will open their platform as a marketplace and onboarded the first external loan originator. In the meantime, the product offer has been significantly expanded.

Esketit Review – Key Data at a glance

Before we delve into the details of my Esketit review, here are the most important data points for you in one place.

Founded:	2020 as Esketit Platform Limited in Ireland (active since 2021)
Headquarters:	Dublin, Ireland (team located in Riga, Latvia)
CEO:	Vitalijs Zalovs, joined in 2021
Regulated:	No
Assets under Management:	Approximately 50,5 million EUR
Financed Loan Volume:	Approximately 849,3 million EUR
Number of Investors:	Approximately 25,200
Return:	Approximately 11.92% according to official information
Buyback Obligation:	Yes (business loans generally do not have it)
Minimum Investment Amount:	10 EUR
Auto Invest:	Yes
Secondary Market:	Yes
Tax Certificate Issuance:	Yes, you can download an account statement in Excel.
Investor Loyalty Program:	Yes, up to 1.0 percent more.
Starting Bonus:	Yes, 0.5% cashback after 90 days through this link*
Rating:	Place 12 \| See public rating.
Community Voting:	7th place out of 57 \| See results (in German).
Last Annual Report:	Latest audited annual report of the AvaFin Group from 2023.

Esketit experiences of the community

Once a year, I ask our community for their top 5 P2P platforms. In 2024, Esketit took 7th place out of 57 with 28.6% of all votes, which can be considered a good result.

Almost 600 P2P investors voted in 2024.

ᐅ My current top 5 investment tools that I use myself:

Crypto.com Visa (Crypto credit card with many benefits + 25$ starting bonus, info here)
Freedom24 (International broker with access to almost all shares worldwide –> guide to the product).
LANDE (Secured agricultural loans with over 10% return and 3% cashback) –> Complete guide to the product.
PeerBerry (right now one of the best P2P platforms in my portfolio) –> Complete guide to the product.
Monefit SmartSaver (Liquid and readily available investment alternative with 7.25 – 10.52% return and 0.50% cashback on deposits + 5 EUR startbonus) –> Complete guide to the product.

The history of Esketit

2021: Esketit launched as a P2P platform.
2021: Esketit adds a Jordanian lender to the platform.
2022: Esketit is the first P2P platform to offer deposits with stablecoins.
2023: Esketit becomes a marketplace and lists its first external lender.
2024: The South African Capitec Bank acquires 97% of the Avafin shares.

The last 3 news from Esketit

07/24: Esketit now supports instant deposits.

06/24: The new loan originator Mojo Capital was listed on Esketit.

05/24: Credus Capital, a lender modified by A24, joins the platform.

Investor Registration

The registration process on Esketit is not particularly complicated. You can register as a private investor or a company and provide the necessary personal information.

To fully automate the identity verification process during registration, you will need your ID card or passport. Once you have registered, you are ready to invest in P2P loans on the platform, provided that you have made your first deposit and been successfully identified.

Esketit Bonus

Via my link* you will receive 0.5% cashack on all investments you make in the first 90 days after your registration. If there are any time-limited bonus promotions for the platform, these will always be listed promptly in my P2P platform comparison.

How to deposit funds

Depositing money is always the easiest step in investing in P2P loans. In your account, you will see the “Deposit & withdraw funds” menu item below your account summary. When you click on it, the bank account number that you can use for your transfer will appear. Please note that you must use your investor ID as the purpose of the transfer. This will also be displayed directly in the transfer details.

For the transfer, you can also create a payment template at your bank. I have also done this with many other platforms. Please note that the first transfer must come from your personal bank account. The bank account used will then be verified for future withdrawals.

Here’s how to deposit money on Esketit.

How long does the deposit take?

Based on my Eskeit review, deposits usually take around 1 – 2 business days. However, if you use services such as Revolut* or Wise*, it can be even faster, and sometimes the funds are credited within minutes. This means that the money is usually available in less than an hour.

How to withdraw funds

If you wish to withdraw capital or excess interest from the P2P platform, you can use the same menu like before (“Deposit & withdraw funds”). You can find the withdraw options below the deposit options.

Investors can only withdraw funds to the bank account from which the deposit was made. If you want to register a new account for the withdrawal, you must make a new deposit from a new personal account. You can also use multiple accounts in parallel for withdrawals, but you must register them once.

Can I deposit and withdraw with credit card?

Currently, you cannot use credit cards for deposits and withdrawals. These transactions must be done exclusively through a bank account. Depositing via a bank account also serves the purpose of identification among other things. If you are looking for a platform where you can deposit by credit card, then take a look at Debitum or Monefit SmartSaver or Profitus.

Esketit Review – How does the platform work?

Now let’s get to the questions about investing on the P2P lending platform. I can answer many of your questions directly from my Esketit review and as well from my experience as I have been investing there for some time now.

After registering on the platform, you can start investing in loans. You can do this in two ways:

manually
or automatically

As the name of my blog suggests, I prefer the fully automated version, which we will come back to later. In the primary and secondary markets, on the other hand, you can filter, view the loans and invest in those that appeal to you the most.

The primary market of Esketit

The Esketit Auto Invest

The Auto Invest feature on Esketit is very easy to use and quick to set up. With a few clicks and decisions, you’re done and the platform will invest your money automatically.

Please note again that business loans generally do not have a buyback guarantee. If you only want to invest in loans with a buyback guarantee, you should also transmit this to the Auto Invest.

By the way, you can also create multiple Auto Invests for different strategies if you want.

The Auto Invest von Esketit.

You also have the option of using Esketit’s managed strategies. In this case, you are done with one click and don’t have to do anything else. I personally use the “Jordan” portfolio here, as I don’t have these investments on any other platform. Another advantage is that you can also sell your investment to other investors with one click (without fee).

portfolios managed by Esketit.

In which loans you can invest in on Esketit?

If you invest in P2P loans here, you will earn your return mostly from classic P2P consumer loans. However, there are also business & real state loans on the platform. Please note that investments in business loans generally do not have a buyback obligation.

Since the end of 2023, there has also been an asset class that you won’t find on any other P2P platform. And that is music royalties, an incredibly exciting topic.

Since 2024, you can also invest in NPLs (non-performing loans), i.e. loans that have already defaulted. A no less exciting concept.

In which countries can you invest?

You can invest in loans from currently 6 countries on this platform. Namely in:

Latvia
Spain
Poland
Liechtenstein
Jordan
United Arab Emirates
and the Czech Republic

Even though Esketit was launched by CreamFinance / AvaFin, it is now set up as a marketplace and is no longer dependent on just one lender. I assume that new lenders will continue to join the platform from time to time.

3 of the loan originators on Esketit.

What fees are charged on Esketit?

There are no fees for investors on the primary or secondary market investments.

What is the return on Esketit?

The return you can generate on the platform is more than competitive with platforms like Mintos or Peerberry. You can always see the officially communicated average in the table at the beginning. You can always find my own return based on my previous Esketit experience in my public statistics.

Do I also receive the interest for late loans?

On Esketit, there is a buyback guarantee or buyback obligation. Therefore, there are generally no late loans and all accrued interest up to the triggering of the guarantee case is paid back. If a loan is extended (which is possible 5 times for one month), there are also corresponding interest extensions.

What is the minimum investment amount on Esketit?

You only need to invest 10 EUR per loan on the platform to be able to invest. This is in line with the usual range for consumer credit platforms.

Is there a buyback guarantee on Esketit?

Yes, the P2P platform or their lenders offer a buyback guarantee. However, there are also some loans without a buyback guarantee.

The buyback guarantee or buyback obligation takes effect after 60 calendar days. The lender then buys back the loan and reimburses all interest accrued up to that point.

In addition to the buyback guarantee, some companies also offer a group guarantee. Namely those that belong to the AvaFin Group. With the group guarantee, the entire group of companies steps in financially if a lender defaults. You can find out exactly what these are on the loan originator page.

Is there an app for Esketit?

No, there is currently no app for the P2P platform and, to my knowledge, there are no plans for one. However, the website is extremely fast and easy to use, which eliminates the need for a smartphone app.

Is there an Secondary Market of Esketit?

Esketit has a secondary market. Here you can buy and sell P2P loans with discounts and markups. The P2P platform therefore offers a really decent and useful secondary market. Unfortunately, it is not yet possible to automatically buy loans from the secondary market.

The Secondary Market from Eskeit.

Can I invest in other currencies?

Yes, since 2023 you can invest money on Esketit in US dollars as well as euros. For this purpose you have your separate account, which you can switch in the top right corner of your dashboard. Please keep in mind that you are exposed to currency fluctuations when investing in US dollars.

On Esketit you can invest in US dollars.

How does the taxation work for Esketit?

The platform doesn’t deduct any taxes on your behalf. You are responsible for reporting your earnings to the tax authorities in your jurisdiction.

Is there a tax statement on Esketit?

Yes, you can download a verifiable PDF from your account statements. This contains all the information you need for your tax office.

You can find the option to download a tax certificate in your account statements.

Esketit Risk

From my Esketit review so far, I can already report quite a bit, as I am an active investor on the platform and have also known the lender behind it for years.

How does Esketit make money?

Esketit earns money on the business side mainly through the lenders. As in other marketplaces, they pay platform fees for the flat-rate usage and the dynamic volume transacted through it. The percentage of the fee is probably negotiated individually with the lender.

In this case, the platform is also still funded by its founders – Matiss Ansviesulis and Davis Barons – and by CreamFinance itself.

Does Esketit operate profitably?

Esketit itself does not offer any annual reports. So we have to rely on the annual reports of the CreamFinance Group or now AvaFin. You can see them in the “Loan Originators” section. But only if you are registered and logged in. But I have linked it here from my login area. Esketit may forgive me 🙂

According to this audited report, the parent company recently made a profit of just under EUR 7.8 million, which represents a decline compared to 2022. However, sales growth and the increase in gross profit were 40%, which indicates a stable cost structure. It should also be noted that the takeover of AvaFin by Capitec Bank in 2024 could provide further stability.

Key figure	2023	2022	2021	Change (2023 vs. 2022)
Turnover	€97.271.672	€68.901.225	€45.436.932	+41%
Gross profit	€40.685.757	€29.116.087	€19.487.417	+40%
Operating profit	€9.792.510	€10.493.559	€4.608.643	-6,7%
Net income	€7.893.992	€8.296.358	€3.403.510	-4,9%

What happens if Esketit becomes insolvent?

In the event that the P2P platform runs into financial difficulties or has to file for insolvency, the company will probably be wound up by a third party or insolvency administrator and existing loans will continue to run. However, CreamFinance / AvaFin is still in the background. I think an insolvency of the platform without the group also going bad is very unlikely.

How serious is Esketit?

I consider Esketit to be a reputable P2P marketplace. This is largely due to the fact that behind it we have a seasoned lender with a lot of experience. The two founders in particular have been in the business for years and are well-known personalities. A scam or fraud, as we have seen several times in the industry, can therefore be virtually ruled out here (in my opinion).

How secure is Esketit?

Again: With the strong group behind it as a partner, I see the platform as safe as long as CreamFinance /AvaFin is doing well. So you should keep an eye on it if you want to invest significantly here.

Does Esketit have a deposit guarantee?

No, definitely not. Esketit is not a bank and therefore does not fall under any European deposit insurance. All the money you invest on the platform is exposed to a high risk of default.

Are there any defaults on Esketit?

Every P2P platform has outages, and this is certainly the case here. However, they are not sharing this information at the moment, but assured me that the failures are going according to plan and can be easily compensated. This statement can be believed, as only a small part of the CreamFinance Group / AvaFin is currently financed via Esketit.

Esketit Review in crisis situations

From my experience with Esketit, I can confirm that investors of the P2P platform have been relaxed through any crisis so far.

Esketit in the COVID-19 crisis 2020

The P2P platform only became active after the crisis and is therefore inexperienced in terms of sudden payouts (bank run), for example. The CreamFinance Group, however, is a crisis-proven lender and has been in business for a long time. It has also survived the crisis year, albeit with a reported loss.

Esketit in the Ukraine crisis 2022

During the war in Ukraine, there has been no impact on the P2P platform, as no loans were offered in the affected countries. There were also no noticeable changes in the monthly volume.

Development of the platform’s loan volume since its launch.

Advantages and disadvantages of Esketit

Before we come to a final conclusion about the P2P platform, here is a summary of my advantages and disadvantages based on my Esketit review and my external observations.

Disadvantages ➖

The demand for loans on Esketit is very high, which regularly leads to cash drag (uninvested funds).
You invest through Esketit in many different foreign jurisdictions, where recovering losses in case of hardship can be difficult.
The track record is still short.
Esketit is not regulated.

Advantages ➕

Almost all P2P loans have the buyback guarantee and the cash flow can thus be planned well.
If something goes wrong on the platform, we have a strong partner behind us in the CreamFinance / AvaFin Group.
The return on investment is very attractive.
A parent company that has been active for years, combined with a CEO who has worked for years at Mintos in an important position, seems like a good mix to me.
Esketit is very simple to use and generates cash virtually from day one.
Instant exit possible.

ᐅ Do you want more information about the different platforms?
Then take a look at my P2P platform comparison now. There you will find more information and/or articles about the platforms where I invest.

Evaluation of my Esketit Review

Esketit is still a young P2P platform on the market and I am already well invested here. Due to the high demand, I’m currently not planning any further increases, as I can barely get my money under my belt as it is. I was surprised at the rocket launch of Esketit at the time, because if I compare it with the other P2P platforms I used to start with, we can already see a clear leap in development here.

They have learned from their mistakes and experiences. Experienced team members have been combined here and a proper P2P platform has been set up right from the start, which is both technically and visually appealing. I will definitely continue to follow the platform closely, stay invested and enjoy the interest paid out each month.

I keep the platform at the current level and withdraw the interest monthly.

My Esketit Review on site

I have actually met the team at Esketit several times so far, however there has been no Esketit here at that time. I stood on stage with CreamFinance founder Matiss Ansviesulis at P2P Conference 2019 and I did an interview with CEO Vitalijs Zalovs when he was still Head of Customer Relations at Mintos. I look forward to meeting this team together in their new joint capacity at some point as well.

But until then, you can see the Esketit team online at conferences like Finfellas.

Is there a Esketit forum where you can exchange experiences?

There is an international investors’ group on Telegram where you can discuss. But don’t forget to make your own Esketit review!

Is there a bonus or friends-refer-a-friend program to start on Esketit?

You can refer friends on Esketit or let them refer you. The current program gives you 1% cashback over 30 days. However, you can benefit 0.5% cashback after 90 days with a new signup using my link. Of course I am very grateful if you use my link to value the information you have found here. You will only get advantages, no disadvantages! But even if you do not use my link, I am glad that you have been here.

0.5% cashback on investments for the first 90 days!*

What are the alternatives to Esketit?

Useful alternatives with a similar concept are above all Income Marketplace, Lendermarket & Mintos. These are all marketplaces with a similar concept. All relevant data is compared in my P2P platforms comparison.

About the author

Hi there! I’m Lars Wrobbel, and I’ve been writing on this blog about my experiences with investing in P2P loans since 2015. I also co-authored the German standard work on this topic with Kolja Barghoorn, which became a bestseller on multiple platforms and is regularly updated.

In addition to the blog, I host as well Germany’s largest P2P community, where you can exchange ideas with thousands of other investors when you need quick answers.

Esketit Review 2025 - Park money at 11% interest?

Esketit Review: Here you'll find everything you need to know about the Irish P2P platform, along with my personal experiences.

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