Mozzeno - Risk and return review
Mozzeno - Returns and loss rates
Mozzeno – Platform statistics 2026
10596
investors
Mozzeno – Pros & Cons
About Mozzeno
What it is
Mozzeno is a Belgian lender that funds personal loans and small-business investment credits and lets investors finance them indirectly through Notes it issues. It publishes investor returns since 2017. It has granted EUR 513.6 million to 43,158 projects and repaid EUR 345.4 million to investors (as of October 2026). Lending and investing are only possible online.
How it works
Mozzeno first grants and funds each loan, then offers a series of Notes linked to it, so your money starts earning straight away. It has three formulas. With mozzeno Self you choose series yourself or set automatic investing rules, from EUR 500; loans run 18 to 120 months and pay back capital and interest monthly. mozzeno Managed is a branch-23 insurance fund, the mozzeno Collaborative Fund, run with Securex Leven, from EUR 250 a month or EUR 10,000 at once. mozzeno Tailor offers a fixed return from 4% gross for amounts from EUR 500,000.
Returns
mozzeno Self portfolios earned 5.47% a year on average over the last 12 months, before Belgian withholding tax, and 3.99% after it (as of October 2026). The "net" figure is after tax, not after losses, and the platform does not say whether defaults are deducted. The Managed fund's value rose 4.23% over the last 12 months, and Tailor offers from 4% gross.
Losses and defaults
6.65% of the amount of mozzeno loans has gone three consecutive months unpaid (as of October 2026). The platform itself warns that this figure looks better while lending grows, because it is measured against all loans granted. It publishes no figure for what investors actually lost on uninsured series and no late-payment breakdown.
What secures your money
Most loans behind mozzeno Notes are unsecured: personal loans to Belgian households and investment credits to self-employed people and small firms. You hold Notes issued by mozzeno nv whose payments depend fully on the repayments of the loan behind each series, and claims are limited to that series' assets. Some series carry PROTECT insurance, arranged with the credit insurer Atradius ICP: if the borrower defaults, investors are repaid the capital still outstanding on the loan. The cost of this insurance is already built into the rate, and series without it get no such cover. Insurance is a promise from an insurer, not collateral. There is no buyback. mozzeno scores every borrower itself and uses the Atradius scoring for insured loans. 6.65% of the amount of mozzeno loans has gone three months unpaid; no recovery figures are published for uninsured series.
Who runs it and its licence
The platform is run by mozzeno nv (company number BE 0643.893.720, registered office Louizalaan 231, Brussels; offices in Wavre), which is both the lender and the issuer of the Notes. It shows FSMA number 115673 on its site but does not say which licence or registration that number refers to. Platform development and borrower scoring are provided by a separate company, Fintensy nv. If mozzeno failed, payments on the Notes could be delayed, limited or cancelled; the platform describes steps to make that unlikely and a continuity plan to keep collecting repayments.
Fees
Mozzeno publishes no current fee page for investors. It says the cost of PROTECT insurance is already included in the rate. Borrowers pay an annual percentage rate of at most 15.48%. Check the conditions of each Note series and of the Managed fund for any charges.
Getting your money out
There is no secondary market. With mozzeno Self, money comes back monthly as loans are repaid, and mozzeno can buy back your Notes early under certain conditions. With mozzeno Managed an early exit is possible, free of charge after three years. Tailor has no early exit.
Our view
Return: Very Low. Investors earned 5.47% a year before tax over the last 12 months. Risk: Medium (higher means more risk). 6.65% of loans by amount have gone three months unpaid and the loans are unsecured, but insured series are repaid the outstanding capital. Risk-return: Very Low. The return is low for unsecured consumer lending with this default level.
Regulation
License / Regulation: mozzeno nv (BE 0643.893.720, Brussels) shows FSMA number 115673 on its website. The site does not state which FSMA licence or registration this number refers to. Investors buy Notes issued by mozzeno nv, not loans on a crowdfunding platform. No deposit guarantee or compensation scheme covers the Notes.
Functionality
For Investors
Useful Information
Mozzeno nv shows FSMA number 115673 on its site, but it does not say which licence or registration this number refers to. Check the FSMA register before investing.
You buy Notes issued by mozzeno nv, and your money finances loans mozzeno has already granted. The pages read do not name a payment institution or custodian for uninvested cash. The Managed formula is an insurance fund run with Securex Leven.
EUR 500 for mozzeno Self, EUR 250 a month or EUR 10,000 at once for mozzeno Managed, and EUR 500,000 for mozzeno Tailor.
Self portfolios earned 5.47% a year before tax over the last 12 months, 3.99% after Belgian withholding tax (October 2026). 6.65% of loans by amount have gone three months unpaid. No figure for actual investor losses on uninsured series is published.
The loans are unsecured. Some series carry PROTECT insurance with the credit insurer Atradius ICP, which repays the outstanding capital if the borrower defaults; its cost is built into the rate. Series without it have no such cover, and there is no buyback.
There is no secondary market. With Self, money comes back monthly over 18 to 120 months, and mozzeno can buy back Notes early under conditions. Managed allows an early exit, free after three years. Tailor has no early exit.
Mozzeno publishes no current fee page for investors and says the cost of PROTECT insurance is included in the rate. Check the conditions of each Note series and of the Managed fund.
For Belgian residents investing as individuals, withholding tax is deducted from the interest, which is why the platform shows 5.47% gross and 3.99% net. It is not deducted when investing through a company. Check your own tax situation.
If a borrower fails, an insured series is repaid the outstanding capital; an uninsured one bears the loss. If mozzeno nv itself failed, payments on the Notes could be delayed, limited or cancelled. The platform has a continuity plan to keep collecting repayments.
