Savelend - Risk and return review
Savelend - Returns and loss rates
Investment maturity
Savelend – Platform statistics 2026
Savelend – Pros & Cons
About Savelend
What it is
SaveLend is a Swedish platform, running since 2014, where your money buys claims on many small credits: property loans, business loans, consumer loans and portfolios of bad debts bought from others. Most of these credits come from the group's own company, SBL Finans. The parent, SaveLend Group, has been listed on Nasdaq First North in Stockholm since June 2021. SEK 2,119 million of investors' money was on the platform at 30 June 2026. The site works in Swedish kronor and in practice needs a Swedish bank account.
How it works
You pick a strategy rather than single loans. Balanserad starts at SEK 2,000 and targets 6.5% to 7.5% a year; Yield starts at SEK 10,000 and targets 7% to 9%. A robot spreads your money over a large number of credits running 1 to 48 months and reinvests repayments while the strategy is on. SaveLend Fast, from SEK 10,000, pays a fixed 5.5% for 12 or 24 months, and SaveLend tops it up if the loans earn less. You own the claim on each credit yourself, not a balance with SaveLend.
Returns
SaveLend publishes what investors actually earned each month since the strategies started in June 2023, after credit losses and fees but before tax. Over the twelve months to 30 September 2026 Balanserad returned 6.74% and Yield 7.48%. For the full year 2025 they returned 6.61% and 7.63%. Both are at or below the bottom of their own target ranges. The figures are measured on invested money only, so cash waiting in your account lowers what you earn. The platform says no month since launch has been negative.
Losses and defaults
SaveLend publishes no default rate, loss rate or recovery figure, for any type of credit. Losses are only taken off inside the net return, so you can see what was left but not how many credits failed. Defaulted consumer credits are sold back to SBL Finans, and bad-debt portfolios are valued with a model of expected future payments rather than on what has actually been collected. So the smooth return also depends on that buyback and on those valuations.
What secures your money
Mostly a promise from the group itself. The credits are largely unsecured, and the platform does not publish what security backs the property and business loans. If a consumer credit defaults, SBL Finans buys it back at 80% or 100% of its face value, depending on the credit type. That company is small: about SEK 10.3 million of equity at the end of 2024, roughly 12% of its balance sheet, while more than SEK 2 billion of investor money sits on the platform. By the platform's own charts, roughly 28% of the Balanserad strategy and 17% of Yield were in bought bad-debt portfolios at the end of September 2026. There is no insurance and no compensation scheme. In plain words: the safety net is only as strong as SaveLend Group itself.
Who runs it and its licence
The platform is run by SBL Finans AB (publ), Stockholm, a consumer credit institution supervised by Sweden's financial regulator (Finansinspektionen). It holds permission to grant consumer credit (since 13 December 2022) and a European crowdfunding licence for loan-based crowdfunding (since 24 February 2023). On 3 July 2026 it applied for a credit market company licence; a decision is expected around early 2027. The group is still losing money: an operating loss of SEK 15.4 million in the first half of 2026, after which it raised SEK 14 million in convertible loans to strengthen its capital. Its share price was about 77.5% below the 2021 listing price in August 2026.
Fees
The published returns are already after SaveLend's fees; the strategy page does not state the fee level separately. Selling on the second-hand market is free up to SEK 100,000 per completed 12-month period for strategy savers, with unused allowance carried over; above that a fee of 2% to 5% applies.
Getting your money out
The strategies have no end date and no right to cash out. You leave by switching off reinvestment and waiting for the credits to be repaid, or by selling to another investor on the second-hand market, which only works if someone wants to buy. Investors' public reviews from April and July 2026 describe exits taking years. The platform recommends holding Balanserad for at least 12 months and Yield for at least 36 months.
Our view
Return: Low. 6.74% over twelve months after losses and fees, at the bottom of the platform's own target. Risk: High (higher means more risk). No loss or default figure is published, the buyback rests on a small company in a group that is losing money, and investors report exits taking years. Risk-return: Very Low. A modest return for a high level of risk you cannot measure.
Regulation
License / Regulation: SBL Finans AB (publ), the operator, is a consumer credit institution supervised by Finansinspektionen (Sweden). It holds permission to broker consumer credit (since 5 October 2016) and to grant consumer credit (since 13 December 2022), and a European crowdfunding service provider licence for loan-based crowdfunding (since 24 February 2023). It applied on 3 July 2026 for a credit market company licence. This is not a bank deposit: no deposit guarantee or compensation scheme applies.
Functionality
For Investors
Useful Information
Yes. The operator, SBL Finans AB, is a consumer credit institution supervised by Sweden's financial regulator and holds a European crowdfunding licence since 24 February 2023. It is not a bank, and no deposit guarantee covers your money.
Payments go through SBL Payments AB, a licensed payment institution in the same group. Once invested, you own the claims on the credits yourself, not a balance with SaveLend.
SEK 2,000 for the Balanserad strategy and SEK 10,000 for Yield and for SaveLend Fast.
Over the twelve months to 30 September 2026, Balanserad returned 6.74% and Yield 7.48%, after credit losses and fees and before tax. SaveLend publishes no default or loss rate, so you cannot see how much was lost before arriving at those figures.
The credits are largely unsecured, and the platform does not publish what backs its property and business loans. Defaulted consumer credits are bought back by the group company SBL Finans at 80% or 100% of face value. That company had about SEK 10.3 million of equity at the end of 2024, so the protection is only as strong as the SaveLend group.
Not on demand. You can switch off reinvestment and wait for repayments, or sell on the second-hand market if a buyer exists. Investors' public reviews in 2026 describe exits taking years. SaveLend Fast is fixed for 12 or 24 months.
The published returns are already after SaveLend's fees. Selling on the second-hand market is free up to SEK 100,000 per completed 12-month period; above that a fee of 2% to 5% applies.
You own the claims on the credits, so they should not be lost with the platform, but collecting on them could take time. The buyback on defaulted consumer credits would be at risk, since it is a promise from SBL Finans. No compensation scheme applies.
A fixed-rate product paying 5.5% a year for 12 or 24 months, from SEK 10,000. SaveLend tops it up if the underlying loans earn less. It is not a deposit, and no state deposit guarantee applies.
