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investors
Nectaro is a Latvian P2P marketplace operated by SIA Nectaro and launched commercially in November 2023 after obtaining its Investment Brokerage Firm (IBF) licence from Latvijas Banka in March 2023. It is part of the DYNINNO Fintech Holding (Cyprus), itself a division of the broader DYNINNO Group — a US-founded conglomerate (founded 2004, ~5,000+ employees, active in travel, entertainment, fintech across ~50 countries). CEO Sigita Kotlere joined in 2022 from Mintos, where she was Partnership Executive.
Product: investors buy regulated loan-backed securities called "Series of Notes" — each Note pools together a basket of underlying loans (typically 5–15) with similar characteristics. Two product lines are currently active:
(a) Consumer loans from CreditPrime / EcoFinance (Romania, Moldova) — 12–14.5% p.a., terms 11 months to 5 years.
(b) Business loans from SIA Abele Finance (financing Dyninno-affiliated businesses in Cyprus and the Philippines) — ~9–11% p.a., shorter terms.
All notes are protected by a 60-day Early Repayment Obligation ("buyback guarantee"): if a borrower payment is delayed more than 60 days, the lending company is contractually required to repurchase the note from the investor at face value plus accrued interest.
Self-reported volumes (March 2026): >12,000 registered investors and total funding volume of €50.47m.
Unique selling points: IBF licensure, €20,000 EU investor compensation scheme coverage, no investor fees, Auto-Invest with up to 3–5 concurrent strategies and a +0.29% interest step-up for Auto-Invest users, daily interest accrual, , 60-day buyback obligation, audited financial reports of loan originators published quarterly.
Risks investors should weigh: single-group concentration (every loan originator is Dyninno-affiliated, so platform performance correlates with the group's overall health); short operating history (since Nov 2023); no secondary market (capital is locked until loan maturity or early repayment); EcoFinance RU (a sister entity, not on Nectaro) was suspended on Mintos in June 2022 with ~€4m of investor funds still outstanding (only ~44% recovered as of early 2026) — relevant context for assessing the wider EcoFinance group;
Trustpilot: 3.9 / 5 across 32 reviews (TradersUnion snapshot, April 2026). Reviews are mixed — positive comments cite the clean UX, competitive rates and responsive support; negative comments cite long KYC, opaque interest calculations, slow support responses and limited loan supply / long lock-ups.
Target investors: EEA-based retail and corporate investors seeking double-digit monthly-paying yield exposure to Eastern European consumer credit, who are comfortable with single-group concentration, lack of liquidity, and a short platform track record.
License / Regulation: Nectaro is an investment firm licensed and supervised by Latvijas Banka, the central bank of Latvia. License number 06.06.08.719/534.
Nectaro is a licensed investment platform that allows users to earn passive income by investing in loans trought financial instruments. Here's an overview of how the platform works:
Licensed and Regulated: Nectaro operates under a license (IBF License Nr. 27-55/2023/3) and is regulated by the central bank of Latvia, ensuring legal compliance and adherence to EU regulations.
Investor Protection: The platform abides by European Directive 97/9/EC, which means all retail investors on Nectaro are considered members of the investor protection scheme.
Competitive Returns: The platform offers higher returns compared to traditional savings accounts or bonds, aiming to provide investors with more lucrative investment opportunities. Up to 13.5 % p.a.
Investment Process:
1) Account creation: Users can easily set up a free account within minute.
2) Identity verification: For account security, it's mandatory to complete identity verification, including KYC (Know Your Customer) and S&A (Suitability and Appropriateness) assessments.
3) Fund addition: Users can deposit funds from either their personal or company bank accounts.
4) Investment: Investors have the opportunity to allocate funds across a diverse range of financial instruments, beginning to accrue interest. The minimum investment threshold is €50.
Yes — Nectaro receives mixed (mostly positive) reviews but has several documented points of negative publicity and investor criticism that prospective investors should weigh:
1) Trustpilot — 3.9 / 5 across 32 reviews (Sept 2025 snapshot per TradersUnion); most recent review 18 Sept 2025. Specific negative threads include:
• One investor ("Le", with management response published) flagged opaque interest-rate calculations and unresponsive customer support: lower interest payments received in Jan–Feb 2026 vs Dec 2025 despite a larger invested balance, with the user stating arrears/defaults did not justify the discrepancy and that support did not directly answer financial-health questions about the loan originators. Source: https://www.trustpilot.com/review/nectaro.eu
• Recurring complaints: slow deposit clearing, withdrawals taking 7–10 days due to AML reviews, no mobile app, limited loan supply, long lock-ups, occasional account freezes during AML reviews without advance notice . Sources: https://www.trustpilot.com/review/nectaro.eu ;
2) EcoFinance RU / Mintos exposure — the most material reputational issue for the wider corporate family:
• EcoFinance RU (a sister company of CreditPrime, NOT listed on Nectaro) was suspended on Mintos on 13 June 2022 following sanctions linked to the war in Ukraine, with ~€4 million in principal + €84,000 interest outstanding to Mintos investors.
• As of April 2026, ~€2.24 million remains unrecovered — about 44% recovery over more than three years.
• Investors on Mintos have publicly criticised the slow recovery in the community forum (Creditter + EcoFinance + Lime Zaim + Kviku thread). Sources: https://help.mintos.com/hc/en-us/community/posts/15872611064209 ; https://www.mintos.com/blog/update-were-limiting-exposure-to-loans-from-russia-and-ukraine/
3) Independent-reviewer reservations — every major P2P-review site that covers Nectaro flags structural concerns alongside the positives:
• Single-originator concentration (all loans are Dyninno-affiliated):
• No group guarantee from Dyninno Fintech Holding covering CreditPrime loans (the platform has communicated a verbal guarantee for Abele Finance only, with no published contract)
• No secondary market (capital is locked until maturity / early repayment)
• Short operating history (since November 2023) — not yet stress-tested by a full credit cycle: marcoschwartz.com recommends keeping Nectaro to a small experimental allocation (€500–€1,000) for now.
4) Company-level financials — SIA Nectaro reported a €987,000 net loss on €72,457 of revenue for FY2024 (first full year), and was supported by an additional €930,000 capital injection from its parent Dyninno Fintech Holding. The platform itself is therefore pre-break-even as of its latest published accounts, which independent commentators have flagged as a watch-item.
Mitigating factors worth noting: Nectaro management replies to 100% of negative Trustpilot reviews and engages publicly with critics; the IBF licence and €20K investor compensation scheme are stronger investor-protection mechanisms than most ECSPR-licensed P2P peers; and as of May 2026 no Nectaro investor has lost capital.
Investors hold regulated financial instruments (Notes), not direct loan claims. Cash and instruments are segregated from SIA Nectaro's own balance sheet under MiFID II / IBF rules. If SIA Nectaro itself fails to return cash or financial instruments, Latvia's national investor compensation scheme (EU Directive 97/9/EC) compensates 90% of an investor's net loss up to €20,000. This protection does NOT cover borrower defaults, lending-company insolvencies, or loan underperformance.
Investors hold regulated financial instruments (Notes), not direct loan claims. Cash and instruments are segregated from SIA Nectaro's own balance sheet under MiFID II / IBF rules. If SIA Nectaro itself fails to return cash or financial instruments, Latvia's national investor compensation scheme (EU Directive 97/9/EC) compensates 90% of an investor's net loss up to €20,000. This protection does NOT cover borrower defaults, lending-company insolvencies, or loan underperformance.
Yes. All loans currently on the platform are originated by Dyninno-affiliated lending companies (CreditPrime / EcoFinance in RO + MD; Abele Finance in CY + PH). If Dyninno Fintech Holding or its lending arm encountered group-level stress, the entire Nectaro portfolio could be affected simultaneously. Management has publicly indicated plans to onboard at least one new lender in 2026, with discussions about potentially adding non-affiliated originators for the first time — but as of May 2026 no third-party originator is live. Investors should size positions accordingly.
• Sigita Kotlere — CEO & Board Member (since September 2022). Joined from Mintos, where she was Partnership Executive (market research and deal structuring). Earlier leadership roles at BluOr Bank and Citadele banka (retail banking and private wealth advisory). Active in the Latvian financial sector since 2012.
• Igors Petrovs — Board Member & Head of Risk and Regulatory Compliance. Previously Chief Compliance Officer at BluOr Bank and Head of the International Sanctions Working Group at the Finance Latvia Association. Senior positions in other Latvian banks.
• Ultimate beneficial owners: Alex Weinstein (Dyninno Group founder, ~78.24% of Dyninno Fintech Holding) and Dmitry Tsymber (Dyninno co-founder, EcoFinance founder, ex-CEO GE Money Bank Latvia and Forus Bank, ~21.76%).
The team is intentionally lean — most of the lending-side capability sits inside the wider Dyninno Group (EcoFinance / CreditPrime) rather than at SIA Nectaro
