To start investing efficiently, it is important to look through the options and select a reliable and convenient service first. In Europe, there is a wide selection of investment services suitable for all kinds of users. If you are not sure where to invest money online, check out these options.
Quanloop
It is an alternative investment fund from Estonia. Suitable for both investors at the start of their journey and experienced users, this service offers convenient investment plans. It is possible to start investing money with only 1 euro.
Pros
- The annual return ranges from 5% to 15%. Right now, the average income yearly is about 13,4%.
- There is high liquidity as money is returned every day at midnight to user accounts.
- The minimal investment is 1 euro.
Cons
- It is not possible to select projects or businesses for investing funds.
Reinvest24
This Estonian peer-to-peer lending site offers a range of investment options for its users. It is possible to make investments in real estate, rental properties, and a wide range of other projects. A European bank account is needed for investing capital through this service.
Pros
- The average return is about 14% per year, which is a great amount compared to many other platforms.
- No defaulted loans have been registered yet.
Cons
- The automatic investing option is not currently available.
PeerBerry
This Lithuanian investment marketplace allows European citizens to invest money online conveniently. To be eligible to use this service, it is necessary to own an account at a European bank. Payments are conducted via a SEPA financial transfer. The average annual return from investing is about 12%.
Pros
- The minimal investment is 10 euros. It is a convenient amount for beginner investors.
- Users that do not want to spend much time on the site can benefit from the auto-investing feature.
Cons
- If you want to invest money online for the long term, you should find another platform as this one is suitable for short-term investments.
Afranga
This P2P lending service comes from Bulgaria. The average interest rate on this investment platform is 12% annually. This lender is regulated, which means its services are secure for users. All European Union residents of 18 years and higher can be investors here.
Pros
- This investment service is backed by one of the reliable Bulgarian companies called StikCredit.
- Responsive client support makes the experience on this platform comfortable and efficient.
Cons
- There are occasional cash drags on the platform.
Bondora
This peer-to-peer platform is also from Estonia. It first opened in 2008 and has been showing great performance since then. Citizens of Norway and EEA countries can register on this platform and make investments. SEPA transactions are preferred.
Pros
- It is one of the few services that accept a minimum of 1 euro as an investment.
- Based on the level of involvement you want on your investment journey, there are convenient investment plans.
Cons
- The average return on investments is around 9%. It is a rather low rate compared to other investment platforms.
Mintos
It is a Latvian lending provider based in Europe. A range of offices is opened in South America as well, with more planned in Asia. Individual investors and businesses can invest at Mintos. Money online investments on this platform provide a 12% return on average.
Pros
- Different risk plans are available for minimizing investment risks. The biggest risks are rewarded with higher return rates.
- It is possible to earn bonuses and add them to your return by referring a friend.
Cons
- Certain European countries are not accepted on this website at the moment.
Crowdestate
Crowdestate P2P investing service is located in Estonia. Since its launch in 2014, many EU countries have joined the platform. Investors can select from a range of loans to make the most efficient investments. Users must be verified to make investments.
Pros
- Crowdestate investors receive an average return of 13% yearly.
- An automatic investing option is available on the website. This makes diversifying your portfolio easier.
Cons
- The smallest amount that can be invested is 100 euros.
Based on reviews, all investors can choose the most suitable option.