Esketit Review
Quick Overview
Platform Age
Launch Year
Loans Funded
Total Volume
Active Investors
Current Users
Minimum Investment
All Products
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Investment Focus
Consumer loans, business loans in Jordan, and mortgage-backed loans in Latvia with buyback guarantee.
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Expected Returns
12-13% average annual returns, with up to 14% for Jordan market loans.
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Safety Features
60-day buyback guarantee, AvaFin group backing, and real estate collateral for select loans.
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Liquidity Options
Active secondary market with âŦ10K+ daily volume, allowing quick portfolio adjustments.
Standout Features
Three pre-configured auto-invest strategies
Loyalty program with increased returns
Access to unique Jordan market opportunities
Investment Calculator
Total Investment Value
Recommended Strategy
Based on your inputs, we recommend the Diversified Portfolio option with reinvestment to balance high returns with risk management.
Our Experience with Esketit
We’ve been actively testing and investing with Esketit since August 2024, with a test portfolio of âŦ5,000 spread across their different investment products. Here’s our detailed experience:
Our Test Portfolio Results
What Impressed Us
- Modern interface with intuitive auto-invest setup
- Consistent returns above industry average
- Active secondary market with good liquidity
- Effective 60-day buyback guarantee system
Room for Improvement
- Limited regulatory oversight
- Some cash drag during peak times
- Mobile app still in development
- More detailed loan information needed
- Withdrawal times could be faster
Real-World Performance
During our six-month testing period, we distributed our âŦ5,000 investment across different products:
- Consumer Loans (âŦ2,000): Achieved 12.00% annual return, with monthly payments arriving on schedule. Tested secondary market liquidity with successful sales.
- Jordan Business Loans (âŦ2,000): Currently earning 14.00% annually, showing highest returns in our portfolio.
- Latvian Mortgages (âŦ1,000): Earning 13.00% annual return with real estate backing for added security.
Key Observations
- Platform Stability: Reliable performance with minimal downtime.
- Investment Process: Auto-invest strategies work efficiently, with good loan availability.
- Risk Management: Buyback guarantee activated successfully on two occasions, demonstrating effectiveness.
- Customer Service: Average response time of 4 hours, with knowledgeable support staff.
Final Opinion
Esketit stands out with its high returns and innovative features. The platform demonstrates good potential with its active secondary market and reliable buyback system. However, the lack of direct regulation and exposure to emerging markets warrant careful consideration. Best suited for investors comfortable with higher risk-reward ratios and those looking to diversify their P2P portfolio.
Video Review
Platform Safety Analysis
Key Risk Factors
- Platform operates without direct financial regulation
- Exposure to emerging markets (Jordan) with higher risk profile
- Buyback guarantee dependent on loan originators’ financial health
- Default rates of 6-11% observed on some loan types
Regulatory Status
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Operates without direct financial licensing
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Parent company AvaFin is fully audited
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Complies with AML and KYC requirements
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Regular financial reporting and transparency
Investment Protection
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60-day buyback guarantee on qualifying loans
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Group guarantee from AvaFin for specific markets
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Real estate collateral for mortgage loans
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Some loans without collateral or guarantees
Platform Stability
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âŦ779M+ total loan volume processed
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24,000+ active investors
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Profitable parent company (âŦ3.4M+ net profit)
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Operating since 2020 (limited track record)
Investor Protection Features
Segregated Accounts
Investor funds held separately from operational accounts
Security Measures
2FA authentication and bank-grade encryption
Risk Assessment
Strict loan origination criteria and monitoring
Corporate Backing
Support from established AvaFin Group
Platform Interface & Features
Main Dashboard
Clean, intuitive interface showing portfolio overview and key metrics
Auto-Invest Settings
Customizable auto-invest strategies with predefined templates
Secondary Market
Active secondary market with âŦ10K+ daily trading volume
Auto-Invest
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Three pre-configured strategies
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Custom strategy builder
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Portfolio diversification tools
Secondary Market
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Active trading with high liquidity
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No secondary market fees
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Quick portfolio adjustments
Portfolio Analytics
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Detailed performance tracking
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Export functionality
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Tax report generation
User Experience & Reviews
What Users Love
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Easy to use interface and quick registration process
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High returns and stable monthly payments
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Active secondary market with good liquidity
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Modern platform with
Common Complaints
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Limited regulation and oversight
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Withdrawal processing times can be slow
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Some users report high cash drag at times
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Concerns about emerging market exposure
Recent User Reviews
“Been using Esketit for over a year now. The returns are consistently high, and the auto-invest feature works like a charm.”
“Good platform overall with attractive returns. The secondary market provides good liquidity, though withdrawal times could be faster. Customer support is responsive and helpful.”
“The platform offers a great balance of risk and reward. I particularly appreciate the transparent reporting and the variety of investment options. The buyback guarantee provides peace of mind.”
Returns Analysis
Consumer Loans
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60-day buyback guarantee
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Monthly interest payments
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Low minimum investment (âŦ10)
Jordan Business Loans
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Highest yield opportunity
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Business collateral backing
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Regular monthly payments
Latvian Mortgages
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Real estate collateral
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Lower risk profile
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EU market exposure
| Investment Type | Expected Return | Actual Return | Default Rate | Buyback Success |
|---|---|---|---|---|
| Consumer Loans | 12.00% | 11.87% | 6-8% | 99.2% |
| Jordan Business | 14.00% | 13.92% | 9-11% | 97.8% |
| Latvian Mortgages | 13.00% | 12.95% | 3-5% | 99.5% |
đ Performance data based on platform statistics from December 2024 to January 2025. Past performance doesn’t guarantee future returns.
Getting Started
Create Your Account
Register using your email address and set up a secure password. The initial registration takes less than 2 minutes.
Complete Verification
Verify your identity through our simple KYC process. Most verifications are completed within 24 hours.
Add Funds
Choose from multiple deposit methods including bank transfer or card payment. Start with just âŦ10.
Start Investing
Select your investment strategy or use our auto-invest feature to start earning returns immediately.
Account Verification
Personal Information
- â Full legal name
- â Date of birth
- â Residential address
- â Tax residence information
Required Documents
- â Valid government ID or passport
- â Proof of address (utility bill/bank statement)
- â Selfie with ID document
Deposit Methods
Bank Transfer
Card Payment
âšī¸ Important Information
- Initial verification usually takes 24 hours but may take longer during peak times
- Minimum deposit amount is âŦ10 for all payment methods
- Bank transfers from non-EU countries may incur additional fees
Market Comparison
Platform Comparison
| Feature | Esketit | Mintos | PeerBerry | Bondora |
|---|---|---|---|---|
| Maximum Returns | 14.00% | 12.00% | 12.50% | 11.00% |
| Minimum Investment | âŦ10 | âŦ50 | âŦ10 | âŦ1 |
| Secondary Market | â Free | â 0.85% fee | â | â Free |
| Buyback Guarantee | 60 days | 60 days | 60 days | â |
| Auto-Invest | â Custom + Presets | â Custom | â Basic | â Go & Grow |
| Crypto Deposits | â | â | â | â |
| Regulation | Parent Company | ECSP Licensed | Parent Company | EMI Licensed |
Top Alternatives
Mintos Most Regulated
- â ECSP Licensed Platform
- â Large Loan Volume
- â Advanced Auto-Invest
PeerBerry Easy Start
- â Simple Interface
- â Group Guarantee
- â Quick Withdrawals
Bondora Passive Income
- â Go & Grow Product
- â Long Track Record
- â EMI Licensed
đ Key Differentiators
- Highest potential returns among major platforms (up to 14%)
- Access to unique Jordan market opportunities
- Free secondary market trading
Tax & Reporting
Tax Documents
Annual Tax Statement
Comprehensive yearly report including all interest earned, withholding taxes, and transaction history. Available in PDF format by January 31st.
Quarterly Reports
Detailed quarterly summaries of investment performance, including interest earned and portfolio composition.
Transaction History
Exportable transaction logs with detailed breakdowns of all account activities, available in CSV and PDF formats.
Reporting Features
Portfolio Analytics
Real-time performance tracking and investment breakdowns
Return Calculator
Projected earnings and tax implications calculator
Export Options
Multiple format exports for accounting software
Auto-Updates
Real-time tax calculation updates
Tax Considerations by Region
European Union
- Interest income taxed as capital gains
- Automatic reporting to tax authorities
- VAT not applicable on P2P investments
- Country-specific declaration requirements
International Investors
- No withholding tax on earnings
- Self-declaration responsibility
- Currency conversion considerations
Important Considerations
- âĸ Tax treatment varies by country and individual circumstances
- âĸ Some countries require quarterly tax payments
- âĸ Consult a tax professional for personalized advice
Tips for Tax Efficiency
- âĸ Keep detailed records of all transactions
- âĸ Download statements monthly for backup
- âĸ Set aside tax provisions regularly
- âĸ Track currency conversion rates for reporting
Frequently Asked Questions
Getting started with Esketit is straightforward:
- Register an account with your email
- Complete identity verification (KYC)
- Add funds (minimum âŦ10)
- Start investing manually or set up auto-invest
The entire process typically takes less than 15 minutes.
Esketit offers several safety features:
- 60-day buyback guarantee on qualifying loans
- Group guarantee from AvaFin
- Real estate collateral for mortgage loans
- Segregated investor accounts
However, like all P2P investments, your capital is at risk and returns are not guaranteed.
The buyback guarantee activates automatically when a loan is 60 days late:
- Principal amount is repurchased in full
- Accrued interest is paid up to 60 days
- No action required from investors
- Process typically completes within 24 hours
The guarantee depends on the loan originator’s ability to honor it.
Withdrawal times vary by investment type:
- Available funds: 1-3 business days
- Secondary market sales: 1-2 business days after sale
- Crypto withdrawals: Usually within 24 hours
Note that invested funds are subject to loan terms unless sold on the secondary market.
Tax treatment varies by country:
- Interest income is typically taxable
- Annual tax statements provided
- Some countries require quarterly declarations
- Capital gains may apply to secondary market trades
Consult a tax professional for advice specific to your situation.
Final Verdict
Key Takeaways
- Strong returns with rates up to 14% for business loans
- Active secondary market with good liquidity
- Limited regulation but backed by established group
- Comprehensive buyback guarantee system
Recommended For
- Investors seeking high yields (12-14% range)
- Those looking for active secondary market
- Investors wanting buyback protection
- Medium to long-term investment horizons
Consider Alternatives If
- You require full regulatory oversight
- You need immediate access to funds
- You’re risk-averse to emerging markets
- You want a longer platform track record
- You prefer traditional investment methods
Ready to Start Investing with Esketit?
đ Get 0.5% Cashback for First 90 Days
* Terms and conditions apply. Investment involves risk of capital loss. Past performance does not guarantee future returns. Always conduct your own due diligence before investing.
Before investing, it’s essential to understand the risks involved in P2P lending. The European Securities and Markets Authority (ESMA) provides insights into regulations and investor protections in the sector.
Listen to Our Esketit Review
Listen to our audio summary of the Esketit review while browsing or on the go. Duration: 3:03
Why listen? Get the key highlights of our in-depth Esketit analysis including returns, risks, and who this platform is best suited for.
