MytripleA Review 2026

What it is

MytripleA is a Spanish platform, founded in Soria in 2013 and lending since 2015, where private investors fund loans and invoice advances to Spanish small businesses. The loan side is run by MytripleA Financiación PFP, S.L., which holds a crowdfunding licence from Spain's securities regulator (CNMV). The invoice side is run by a separate group company, MytripleA Gestión, S.L., which holds no licence and is on the CNMV's public warning list of unauthorised entities. The company says it has financed more than €550 million for over 4,000 businesses since 2015 (February 2025). The site is in Spanish only.

How it works

There are three products. Guaranteed loans are backed in full, capital and normal interest, by regional mutual guarantee societies, and run about three years. Measured-risk loans have no guarantee, are graded by the platform and run 12 to 18 months. Invoice advances run about three months. You choose loans and invoices yourself or use auto-invest, from €50 (loans in steps of €50). In August 2026 the platform advertised 3% to 10% a year on measured-risk loans and from 1.50% plus 12-month Euribor on guaranteed loans.

Returns

The newest return figures the platform publishes are for loans made in 2020, on a statistics page last updated in August 2023. Measured-risk loans made in 2020 carried an average rate of 6.02% a year before losses; earlier years ranged from 4.77% (2018) to 7.91% (2016). Guaranteed loans made in 2020 paid 1.99%. Invoice advances made in 2020 paid 4.67% before losses and 1.77% after the platform's own deduction for bad debts, down from 4.49% for 2018. These are rates on loans granted, not what investors actually earned. In February 2025 the company said guaranteed loans paid about 5% and invoices about 8% in 2024, without publishing the figures behind it.

Losses and defaults

A loan counts as in default (en mora) when an instalment is more than 90 days late. By August 2023, €1.71 million of the €34.3 million ever lent as measured-risk loans was in default: 4.97%, calculated from the platform's own figures. That same €1.71 million was 91% of all the measured-risk money still owed at that date, so almost every unguaranteed loan still running was in trouble. The platform's own headline default figure for 2020 loans is only 0.04%, because it applies an undisclosed expected-loss discount. On invoices, all €161,948 still outstanding in August 2023 was late or written off. On guaranteed loans, late payments are claimed from the guarantee society; the platform says every claim has been paid. Nothing has been published on the more than €140 million the company says it lent in 2024 alone, and no recovery figures exist. Investors report defaults left unresolved for three to five years; the public review score is 3.0 out of 5 (16 reviews, August 2026), with 56% one-star reviews.

What secures your money

It depends on the product. Guaranteed loans, about 61% of all loan money lent to August 2023, are guaranteed for capital and normal interest by regional mutual guarantee societies, which do their own credit check; if a borrower is more than 90 days late, the society pays. Measured-risk loans have no security and no guarantee, and invoice advances have none either. There is no buyback and no provision fund. When an unguaranteed loan fails, the platform passes it to collection firms, which keep an undisclosed share of what they recover; no recovery figures are published. In plain words: the guaranteed loans depend on the guarantee society, while the higher-rate loans and invoices depend only on the borrower paying.

Who runs it and its licence

MytripleA Financiación PFP, S.L. (NIF B42206037, Soria) is registered with the CNMV as crowdfunding service provider number 10 under the EU crowdfunding rules since 27 October 2023, and is also a payment institution authorised by the Bank of Spain (number 6869, trading as PayArea). The group is owned by the holding company MytripleA Valores, S.L. Its invoice business is run by MytripleA Gestión, S.L., which has €3,000 of share capital and no licence, and has been on the CNMV's public warning list of unauthorised entities since at least March 2021. The licensed company's accounts are audited and filed with the company register, but are not published on the platform's site. In February 2025 the bank BBVA agreed a €30 million financing line with the group.

Fees

Investors pay no commission, and paying in and withdrawing are free; the platform earns from the businesses it finances. On defaulted loans, collection costs come out of whatever is recovered before you are paid.

Getting your money out

You cannot sell early: there is no market between investors, and the platform says you must wait for each loan or invoice to be repaid. Guaranteed loans run about three years, measured-risk loans 12 to 18 months and invoices about three months. Money in a defaulted loan stays stuck until it is recovered or written off.

Our view

Return: Low — measured-risk loans made in 2020 carried 6.02% a year before losses, and nothing newer has been published. Risk: High (higher means more risk) — on its own, defaults of 4.97% of the money lent would point to a low level, but the group's invoice company is on the Spanish regulator's warning list, the statistics are more than three years old, and the platform's own default formula hides that 91% of unguaranteed money still owed was in default. Risk-return: Very Low — a modest return for a high level of risk.