The founders are Davis Barons and Matiss Ansviesulis, who built Creamfinance (later AvaFin) into a lender with EUR 69 million of revenue before Capitec Bank of South Africa bought control in 2024. They own the platform 50/50 and also own five of its eight lenders. Day-to-day leadership changed in July 2025: Ieva Grigalune, formerly of Mintos, became CEO with a brief to prepare the company for a licence, joined by a new chief legal officer. There is no supervisory board and there are no independent directors. Note that the founders no longer control AvaFin, the group whose success the marketing still leans on.

If a borrower is more than 60 days late, the lender that issued the loan must buy it back with interest. That promise now stands alone: the group guarantee that once sat behind it applied only to AvaFin loans, and AvaFin left in June 2025 - every lender page now says 'Group Guarantee: No'. So your protection equals the financial strength of one small company per loan, and two of them showed negative capital in their last accounts. Where there is collateral it is real - Jet Finance's car loans are GPS-tracked, Credus mortgages are valued below 70% of the property - but the founder-owned business lenders disclose no security at all.

Yes, concentrated on one event. In October 2025 Esketit moved its legal home from Ireland to Croatia with about a week's notice and switched off all withdrawals, sales and early exits during the transition; investors who did not accept the new Croatian terms report holdings locked for up to two years. Trustpilot fell from 4.2 in February 2025 to 3.5 from 271 reviews by August 2026, with complaints about locked money, poor communication and accounts blocked after re-verification. One well-known reviewer grades the platform D and named it a major loser of 2025. In August 2026 the lender Spanda began winding down, with investor repayments promised by early 2027. To be clear about what has not happened: no fraud allegations, no regulator action, no missed buybacks, and no reported loss of invested capital.

Very unevenly, and only four of the eight publish enough to judge. JMD Investments is the strongest: audited by Baker Tilly, EUR 4.6 million profit in 2024 and about half its balance sheet funded by its own capital. Jet Finance is next and the only one with an outside credit rating - Fitch B- with a stable outlook, audited by Grant Thornton, EUR 1.2 million profit, roughly a fifth of its balance sheet its own money, and 13.4% of its Kazakh car-loan book non-performing, which is normal for that market. Mojo Capital made EUR 327,000 in 2025 but its accounts are unaudited and its own capital is about 1.6% of assets. Spanda Capital is the weak one: its business of buying discounted bad debt in Spain is a perfectly normal specialism, but it earned only EUR 12,000 in 2024 on 0.2% own capital with 34% of its book non-performing, and in August 2026 it sold its portfolio and began leaving the platform. The other four - A24 Group, Credus Capital, MDI Finance and Nimbura - publish no audited accounts at all, so their strength cannot be assessed.

Esketit publishes no rules for how it chooses or monitors the lenders whose loans you buy. What can be seen is the pattern: since the founders' own big lender left in 2025, new arrivals have mostly been start-ups - Nimbura in Malaysia was about five months old when admitted in April 2026, with no accounts yet. One exception is Jet Finance of Kazakhstan, an established, Fitch-rated, audited lender added in February 2026. One structure genuinely protects investors: Credus Capital was built for Esketit, which holds a pledge over its whole business, with mortgages independently valued at below 70% of property value - but it is the smallest lender on the platform.