16000
investors
Loanch is an online marketplace that sells European investors parts of short consumer loans made in Malaysia and Indonesia. It holds no financial licence. Since March 2026 it has been run from Zagreb, Croatia, by PRZEMEK SAVJETOVANJE d.o.o.; before that it was run from Hungary by RiseTech Kft.
From early February to April 2026 investors could not withdraw their money. Investors reported waiting for weeks, some for about three months, after the platform's payment provider lost its licence in Poland. The platform publishes no total invested and no investor count: its statistics page showed only zeros and blank values when we checked it on 27 October 2026.
You buy parts of loans in euros from €10, by hand or with auto-invest. The loans come from three lending companies: Tambadana, a Malaysian short-term consumer lender; AhaPay, a Malaysian buy-now-pay-later company; and Ammana (SH Tech) in Indonesia, which has offered no new loans since 18 March 2026.
One lender dominates. Of the €69.8 million the platform shows as funded through it for Tambadana and Ammana, €65.4 million (93.6%) went to Tambadana; AhaPay's amount is shown as "coming soon" (read 27 October 2026, calculated from the platform's own figures). Independent research reports that all three lenders belong to the Singapore group Fingular, whose founder previously ran Cashwagon, a lending group whose failures in 2020 cost investors on another platform about €5.9 million. Loanch does not mention any group link on its own site.
Loanch publishes no figure for what investors actually earned. What it shows is an "average interest" per lender: 13.82% a year for Tambadana, 13.29% for Ammana and 11.00% for AhaPay (undated, read 27 October 2026). These are rates on offer, not results. The home page headline, "Earn up to …% APR", shows no number at all. On top, the platform pays a €20 sign-up bonus and up to 1.5% extra interest through a loyalty programme.
Independent tracking of investor portfolios points to about 16.6% a year over the last twelve months (October 2026). That holds only while the lenders keep buying back every late loan.
The platform publishes no default rate, no loss figure, no recovery figure and no amount of loans bought back. Its statistics page has two late-loan boxes, 1 to 15 days and 16 to 30 days late, and both show "NaN%" to visitors who are not logged in (October 2026). There is no later stage, because the lender is meant to buy a loan back once it is 30 days late; one of the platform's own risk documents has been reported to say 60 days.
So investors see no losses unless a lender stops buying back, and the empty record says nothing about how well borrowers repay. The lenders' own accounts point to heavy bad-loan costs: Tambadana's impairments equalled 38.6% of its revenue in 2024, and Ammana's 129.8% of its revenue in 2023.
Nothing secures the loans: they are unsecured consumer loans and buy-now-pay-later debts. Your only protection is each lender's own promise to buy back a loan once it is 30 days late. Loanch itself guarantees nothing, and there is no group guarantee behind the lenders, no reserve fund and no compensation scheme.
So the credit you really take is that of these three lenders, above all Tambadana, which received about 94% of the money funded. Their accounts show little cushion: Tambadana's debts were about 39 times its own capital (2024), and AhaPay (2025) and Ammana (2023) owed more than they owned in their latest audited accounts. No recovery figures are published. In plain words: you are paid as long as these thinly capitalised lenders keep buying back late loans; if they stop, nothing stands behind your claims on borrowers in Asia.
The operator since March 2026 is PRZEMEK SAVJETOVANJE d.o.o. in Zagreb, a company founded in 2025 with €5,000 of share capital and registered for management consulting. Its sole founder and director is Loanch's chief executive. Until March 2026 the platform was run by RiseTech Kft. in Budapest.
Loanch holds no licence. It does not appear in any register of Croatia's financial regulator (HANFA), and the EU crowdfunding rules do not cover consumer lending. No regulator supervises the platform and no compensation scheme covers investors.
The platform lists no fees for investors to open an account, pay in, invest or withdraw. It does not publish how much it and the lenders keep between what borrowers pay and what investors receive.
Withdrawals were blocked from early February to April 2026. Loanch put this down to its payment provider, Quicko, whose payment licence Poland's financial regulator (KNF) revoked on 21 January 2026; in May 2026 the provider was placed on Poland's national sanctions list. In September 2026 Loanch said a new payment provider is in place, but it has not named it, and its terms (effective 29 May 2026) name no bank that holds investors' cash.
Reviews since then are mostly positive: public review score 4.1 out of 5 (26 reviews, October 2026). There is no market to sell loans to other investors; you wait until each loan ends. The loans are short, so money comes back within a few months while the lenders keep paying.
Return: Very High — average rates on offer of up to 13.82% a year, but no earned return is published. Risk: Very High (higher means more risk) — no default or loss figure is published, withdrawals were blocked from February to April 2026, and the buyback rests on thinly capitalised lenders, two of which owed more than they owned. Risk-return: Low — a very high rate does not make up for a very high risk with no licence, no security and no published results.
License / Regulation: No licence. Loanch is operated by PRZEMEK SAVJETOVANJE d.o.o. (Zagreb, Croatia; OIB 49535909257), a company registered for management consulting, and is not authorised by Croatia's financial regulator HANFA or under the EU crowdfunding regulation, which does not cover consumer lending. Until March 2026 it was run by RiseTech Kft. (Budapest, Hungary). No investor compensation scheme applies.
No. Loanch holds no financial licence. Its operator, PRZEMEK SAVJETOVANJE d.o.o. in Zagreb, is registered for management consulting and is not authorised by Croatia's financial regulator, HANFA. The EU crowdfunding rules do not cover consumer lending, so no regulator supervises the platform and no compensation scheme covers investors.
The platform does not say. Its terms (effective 29 May 2026) name no bank or payment institution. Its former payment provider, Quicko, lost its Polish licence on 21 January 2026; Loanch said in September 2026 that a new provider is in place, but has not named it. Once invested, your money is in claims on loans made by the three lenders.
€10 per loan.
The lenders' average rates on offer are 13.82% (Tambadana), 13.29% (Ammana) and 11.00% (AhaPay), read October 2026, plus bonuses. No earned return is published. No default, loss or recovery figure is published either: late loans are meant to be bought back at 30 days, so investors see no losses unless a lender stops paying.
Nothing secures the loans; they are unsecured consumer and buy-now-pay-later debts in Malaysia and Indonesia. Your only protection is each lender's promise to buy back loans 30 days late, with no group guarantee and no reserve fund. Tambadana received about 94% of the money funded; its debts were about 39 times its capital in 2024, and the other two lenders owed more than they owned in their latest accounts.
There is no market to sell loans to other investors; you wait until each short loan ends. Withdrawals were blocked from early February to April 2026, with some investors waiting about three months; they have worked again since the platform changed payment provider.
The platform lists no fees for opening an account, paying in, investing or withdrawing. It does not say how much it and the lenders keep from what borrowers pay.
If a lender cannot buy back its late loans, you are left with claims on unsecured borrowers in Asia, and no guarantee or compensation scheme covers the loss. If the platform itself fails, it says it would hand the servicing of investments to an administrator, but none is named. The operator has €5,000 of share capital.
From early February to April 2026 investors could not take money out. Loanch said its payment provider, Quicko, had its accounts limited after Poland's financial regulator revoked Quicko's payment licence on 21 January 2026; in May 2026 Quicko was put on Poland's national sanctions list. The new provider has not been named.
Loanch does not say. Independent research reports that all three lenders belong to the Singapore group Fingular, whose founder previously ran Cashwagon, a lending group whose failures in 2020 cost investors on another platform about €5.9 million.
