Swaper
Estonia · Consumer · Founded 2016
Our score
Average return
14.0%
platform average
Our verdict
Swaper pays one of the highest rates in the sector and has paid it reliably for nine years, which is the whole case for it. The whole case against it is that you cannot see very much. It is wholly dependent on the Wandoo Finance group, group-level reporting is thinner than it should be for a platform underwriting these rates, and there is no licence and no secondary market. Our 14% figure is the loyalty rate for balances above €25,000; the base rate is lower.
What works
- Among the highest sustained rates available anywhere in European P2P
- Nine years of uninterrupted payments including through 2020 and 2022
- Very simple product — almost nothing to misconfigure
- Buyback has been honoured within 30 days consistently
What doesn't
- Single-group dependency on Wandoo Finance with limited public financials
- No ECSPR licence, no secondary market, no exit before maturity
- The advertised rate requires a €25,000 balance — most investors earn less
- Transparency is the weakest of any platform we score above 7
Who this is for
Experienced investors taking a deliberate, small, high-yield position with full awareness that they cannot verify much of what sits underneath it.
How the score breaks down
How this score is calculatedEach dimension is scored 0–10 from documented inputs, then multiplied by its weight and summed. Nothing is rounded until the end.
Figure taken from: www.swaper.com · Sep 18, 2026 · Advertises up to 16%; uses a 14% average annualised rate in its own calculator
Terms & conditions tracker
We re-read the public terms of this platform every day and log what changed.
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