Lonvest - Risk and return review
Lonvest - Returns and loss rates
Lonvest – Platform statistics 2026
1118
investors
Lonvest – Pros & Cons
About Lonvest
What it is
Lonvest is a small peer-to-peer lending platform run from Zagreb, Croatia, since early 2023. Investors buy parts of short-term consumer loans and business loans issued by lending companies abroad. Every lender on the platform belongs to the same group, Space Crew Finance, which was founded by the people behind Lonvest. As of 31 October 2026, 1,118 investors had put in €4,266,494 in total.
How it works
You open an account, pass an identity check and send euros by SEPA bank transfer, from €50. Investing runs only through auto-invest: you set a strategy once and the platform spreads your money across loans. On 31 October 2026 two lenders were open for new money, in Malaysia (short-term loans, up to 13% a year) and Singapore (business loans, up to 13% a year); South Africa and Colombia are listed as coming soon. A Mexican lender appears in the statistics but is no longer listed as open. New Malaysian loans were paused at the end of August 2026; the platform did not say why and expected them back in early September 2026.
Returns
The platform advertises returns of up to 15% a year. Its statistics page shows a current average interest rate of 11.75% (31 October 2026), which is the rate on the loans, before any losses. Lonvest publishes no realised return and no return after losses.
Losses and defaults
Lonvest publishes no default or loss figure. It says there have been more than three years without payout delays, but this has not been checked independently. In its FAQ the platform says that borrower defaults at its lenders normally run at 12% to 22%, depending on the market, and that the buyback and group guarantee should keep this from reaching investors. Its statistics page shows late-payment charts per lender, without figures in the text.
What secures your money
The loans are unsecured: there is no mortgage or pledge behind them. Protection comes only from promises. If a borrower is more than 90 days late, the lender must buy back the loan, with principal and accrued interest. If a lender becomes insolvent, other companies in the Space Crew Finance group are to take over its obligations. Because all lenders and the guarantor are one group, both promises depend on that one group's finances, which are not published. Lenders keep a part of each loan themselves.
Who runs it and its licence
The platform is run by Lonvest Platform d.o.o., a company registered in Croatia under registry code 081501022, at Lovinčićeva street 3, Zagreb. It holds no financial licence and is not supervised by a financial regulator. The platform says Croatian law lets it operate without a licence and that it plans to apply for one in future. No investor compensation scheme covers the investments. The founder and chief executive is Roman Katerynchyk.
Fees
The platform says it charges investors no hidden fees for deposits and withdrawals. It publishes no fee table, although its terms allow it to charge a service fee. Early exit costs the interest accrued on that investment.
Getting your money out
There is no secondary market. Instead, you can end an investment early: the full principal goes back to your Lonvest balance and you give up the interest accrued on that investment. Investment periods of one to twelve months are offered. Withdrawals go only to a bank account in your own name.
Our view
Return: High. The loans currently pay 11.75% a year on average. Risk: Very High (higher means more risk). No default figure is published, the platform has no licence, and all its lenders belong to one group that also guarantees them. Risk-return: Low. The 11.75% rate does not make up for the risk: the protection rests entirely on one unlicensed group whose finances are not published.
Regulation
License / Regulation: No licence. Lonvest Platform d.o.o. (Croatia, registry code 081501022) is a registered company but holds no financial licence and is not supervised by a financial regulator. The platform states that Croatian law allows it to operate without a formal licence and that obtaining a licence is a future goal. No investor compensation scheme applies.
Functionality
For Investors
Useful Information
No. Lonvest Platform d.o.o. is a company registered in Croatia (registry code 081501022) but holds no financial licence and no regulator supervises it. The platform says Croatian law allows this and that it plans to obtain a licence in future. No compensation scheme covers your money.
The platform does not say which bank or payment institution holds investors' money. You deposit euros by SEPA bank transfer to the payment details shown in your account, and withdrawals go only to a bank account in your own name.
€50. Investing works only through auto-invest, which spreads your money across loans.
The loans currently pay 11.75% a year on average (31 October 2026); the platform advertises up to 15%. No realised return, default rate or loss figure is published. The platform says there have been more than three years without payout delays, which has not been checked independently.
No collateral. The loans are unsecured. If a borrower is more than 90 days late, the lender must buy back the loan with principal and interest, and if a lender fails, other companies in the Space Crew Finance group are to take over. All lenders and the guarantor are the same group, so these promises are only as strong as that group.
There is no secondary market. You can end an investment early: the full principal returns to your balance and you give up the interest accrued on that investment. Investment periods of one to twelve months are offered.
The platform says there are no hidden fees for deposits and withdrawals. It publishes no fee table, although its terms allow a service fee. Ending an investment early costs the accrued interest on it.
If a lender fails, you depend on the group guarantee from Space Crew Finance, the same group that owns all the lenders. If the group itself gets into trouble, both the buyback and the guarantee may fail together. Lonvest is unlicensed, so no regulator oversees a wind-down and no compensation scheme applies.
All lenders belong to the Space Crew Finance group. On 31 October 2026 two were open for new money: a short-term lender in Malaysia and a business lender in Singapore, each up to 13% a year. South Africa and Colombia are listed as coming soon, and a Mexican lender appears in the statistics. New Malaysian loans were paused at the end of August 2026.
Interest is taxed under the rules of the country where you are tax resident. The platform's pages give no tax guidance, so check your local tax rules.
