Esketit

Verified platform

Personal loans

Esketit is a P2P lending platform founded by Creamfinance Group’s founders. The loans are issued by affiliated loan originators, and the platform operates in 5 markets with assured security for investors.

Minimum investment

10 EUR

Advertised return

12,92%

Investors

N/A

Payment options

Bank transfer

Total funding volume

N/A

Average loan duration

N/A

What does Esketit offer?

Esketit is a loan platform where private investors from all over Europe (and outside) can invest in loans issued by our partners – Loan Originators.

Who can invest on Esketit?

Anyone who is at least 18 years old and older and has a bank account of the EU or EEA can become an investor. An alternative option is having a cryptocurrency account/wallet and depositing funds in stablecoins USDC or USDT.

What are Esketit fees?

Investors don’t pay any fees on the Esketit Platform.

Profile strength: Intermediate

Would you invest via Esketit?

What is the target industry of the Esketit crowdfunding website?

Esketit offers to invest in various crowdfunding opportunities from the Personal loans sector.

What is the minimum amount needed to invest at Esketit crowdfunding platform?

At Esketit, you can start investing with 10€.

What types of investment does the Esketit crowdfunding platform provide?

The investment models Esketit operates is P2P lending.

General information

Esketit is a Ireland registered P2P lending platform, which was founded in 2020 and operates in Riga, Latvia. The platform has loan originators from Latvia, Spain, Mexico, Czech Republic, Poland, Jordan and Sri Lanka. To date, more than EUR 3.85 million has been invested through the platform by investors. The platform single payment loan. The platform does not have an investment brokerage licence as it is very new. Esketit owners have shares-ownership- in loan originators. In other words, they own the loan originators, which can be considered a conflict of interest.

Conclusion

Esketit is a P2P lending platform registered in Ireland with operational offices in Riga, Latvia. The platform offers one loan type with a promised return of about 12.73% annually. The platform offers essential features for making investing much easier and attractive such as auto-invest and secondary market. The loans are guaranteed by the buyback opportunity by the platform. Esketit shares information about its owners and managing team. The Co-founders own the loan originator companies such as Creamfinance Group or have shares in them that create a conflict of interest between the loan originators and platform’s owners. As the platform was founded recently, there are no financial statements for 2020. There are only limited statistics on their web page.

Board team

The platform shares information about its owners and managing team. Davis Barons and Matiss Ansviesulis are Co-founders of Esketit, who are Co-founders of Creamfinance Group as well that is the platform’s loan originator. The owners have previous professional backgrounds related to industry such as working in J.P. Morgan. The managing team is also made of experienced professionals who have both academic and professional backgrounds related to the financial industry.

Would you invest via Esketit?