Europpa - Risk and return review
Europpa - Returns and loss rates
Europpa – Pros & Cons
About Europpa
What it is
Europpa is a Polish platform where investors lend to Polish small and medium-sized businesses against a mortgage on property. It is run by Europpa sp. z o.o. in Gdynia, a company founded in 2022, which received its crowdfunding licence in August 2024 and began lending under it on 16 July 2025. At the end of 2024 it took over an older lending platform that had run since 2015; most of the track record on the site comes from that earlier business. The licensed book is still small: five loans so far. The website is in Polish and investments are in Polish zloty.
How it works
You register, choose individual loans and invest from PLN 1,000. Each loan is repaid in monthly instalments of capital and interest, usually over 12 to 48 months. The home page advertises 7% to 14% a year plus bonuses, such as an extra 1% for amounts over PLN 100,000. Each listing shows the loan's size compared with the property's value; a recent hotel construction loan of PLN 1,069,040 was at 29.9%. There is a market to sell your loan shares to other investors. There is no automatic investing and no rating of loans.
Returns
The older, now fully repaid portfolio returned 10.98% a year to investors from September 2015 to 25 March 2026, measured on the actual dates and amounts of money paid in and out. Because that portfolio is closed, the figure already includes any losses. Most of it, however, was lent by the earlier operator before Europpa took over. Loans in the current licensed portfolio carry an average agreed rate of 10.58% a year, weighted by amount (October 2026); no result has been measured yet because they are still being repaid. The site's page description mentions profits of up to 21% without explaining it.
Losses and defaults
The platform says every instalment due to investors has been paid in both portfolios: 16,407 instalments in the old one and 480 in the current one (October 2026). None of the 480 current instalments was more than 3 days late. Its formal default rate under EU rules is 0%, but that covers only 16 July to 31 December 2025, when no loans were yet old enough to count, so it says little. In the old portfolio most loans from 2018–19 onwards had an outside guarantor who bought out a loan or took over its payments after a missed instalment; any borrower defaults were therefore absorbed by that guarantor and are not shown. No figures on borrower defaults or recoveries are published.
What secures your money
Every loan in the current portfolio is secured by a first-ranking mortgage on property, plus a notarial deed in which the borrower agrees to enforcement without a full court case. The median loan is 34.8% of the property's value, so property prices could fall a long way before investors lose money. The property is insured. On many loans an outside guarantor also promises to buy the loan from investors or take over the payments if the borrower falls behind; this guarantor is not named. Europpa itself holds the security on investors' behalf, so if Europpa failed, a replacement would be needed to enforce it. For you this means strong property security, plus a guarantee whose provider you cannot check.
Who runs it and its licence
Europpa sp. z o.o. (Polish register KRS 0001004188, Gdynia) is listed by Poland's financial regulator, the KNF, as an authorised European crowdfunding provider for loans since 23 August 2024. The KNF gives no separate licence number. The chief executive is named on the site. No warning or sanction by the regulator has been found.
Fees
Investing is free. Selling on the secondary market and exit orders carry a fee whose size is not published. Mortgage and notary costs are paid by the borrower.
Getting your money out
Money comes back with the monthly instalments. You can also offer your loan shares to other investors on the platform's market, for a fee, and some loans have a set early-exit date at a slightly lower rate. How easy it is to find a buyer is not published.
Our view
Return: High — the older portfolio returned 10.98% a year after any losses, and current loans pay about 10.58%. Risk: Low (higher means more risk) — every due instalment has been paid and loans carry first-ranking mortgages at about a third of the property's value. On its own, 0% lost would give the lowest level, Very Low; we set it one step higher, at Low, because the clean record comes mostly from the older platform Europpa took over, while its own licensed book has only five loans; an unnamed guarantor has also covered late loans. Risk-return: High — a high return for a low level of risk, on a record that is still mostly the earlier operator's.
Regulation
License / Regulation: Komisja Nadzoru Finansowego (KNF, Poland): Europpa sp. z o.o. (KRS 0001004188) is listed in the KNF register of crowdfunding service providers as authorised under Regulation (EU) 2020/1503 for loan-based crowdfunding since 23 August 2024. The KNF register gives no separate licence number.
Functionality
For Investors
Useful Information
Yes. Europpa sp. z o.o. is listed by Poland's financial regulator, the KNF, as an authorised European crowdfunding provider for loans since 23 August 2024. It began lending under the licence on 16 July 2025.
A licensed Polish national payment institution holds and moves investors' money under contract with Europpa; the platform does not name it.
PLN 1,000 per loan.
The older, fully repaid portfolio returned 10.98% a year from 2015 to March 2026, mostly from loans made by the earlier operator. Current loans carry an average rate of 10.58%. The platform reports that every instalment due to investors has been paid in both portfolios, partly because a guarantor bought out late loans.
Each current loan has a first-ranking mortgage on property, at a median 34.8% of its value, plus a notarial deed allowing enforcement without a full court case, and the property is insured. On many loans an unnamed outside guarantor also promises to buy the loan or take over payments if the borrower falls behind. Europpa holds the security for investors.
Yes, you can offer it to other investors on the platform's market, for a fee whose size is not published. Some loans also have a set early-exit date at a lower rate.
Investing is free. Selling on the secondary market and exit orders carry a fee; the amount is not published.
If a borrower fails, the mortgage can be enforced; with loans at about a third of property value, there is a large cushion. If Europpa itself failed, a replacement would be needed to hold and enforce the security, because Europpa acts as security administrator. No wind-down plan is published.
Mostly that of an older platform which Europpa took over at the end of 2024. That portfolio ran from 2015 and is now closed. Europpa's own licensed lending started on 16 July 2025 and had five loans by October 2026.
