Mintos adds crypto through regulated ETPs, opening a new way for investors to access Bitcoin, Ethereum, and other digital assets directly within their existing account. The move focuses on simplicity and regulation, but also raises questions around costs and tax treatment.

At the same time, the latest P2P updates show broader shifts across the market—from leadership changes at multiple platforms and ongoing challenges at Loanch to a relaunch at InRento and declining volumes at Estateguru.

#1 Estateguru loan volume drops sharply

Estateguru funded just €2.9 million in new loans in February. In October, the volume still exceeded €6 million. Since then, it has declined every month. Loan origination drives platform revenue, so a continued drop would be a negative signal.

February also showed an unusual repayment structure. Total payouts reached €5.8 million. About €2.1 million came from recovered defaulted loans. A large share of liquidity did not come from performing projects but from problem cases.

The average interest rate now sits at around 9.5%. With further expansion of the “EG Grow” product, which offers about 7%, the average will likely decline further. It remains unclear how much capital flows into this product.

In many older portfolios, actual returns already fall below the average rate. Write-downs and delayed repayments continue to weigh on real performance.

#2 Loanch moves operations to Croatia

Loanch has shifted its core operations from Hungary to Croatia. Since March 13, 2026, the platform runs entirely from there. This includes technology, investor accounts, and payment processing. The company also appointed a new CEO. One key reason is ongoing issues with its former payment provider Quicko, which proved harder to replace than expected.

For investors, contracts, buyback guarantees, and repayment schedules remain unchanged. However, deposits and withdrawals are still not available. The new payment provider is not fully integrated yet. A clear timeline is still missing.

At the same time, Loanch loses a loan originator. Ammana from Indonesia will no longer offer new loans on the platform. The company now focuses more on local funding and replaces international capital. The portfolio had already been shrinking for months, so the exit is not a surprise. This leaves Loanch fully dependent on Malaysia.

Existing Indonesian loans remain active and continue to repay as scheduled. However, no new investments are available in this segment. Investors using Auto Invest should adjust their strategies to avoid idle cash.

#3 Leadership changes across P2P platforms

The P2P sector saw several leadership changes within one week. Alongside Loanch, both Swaper and Bondster appointed new CEOs.

At Swaper, Aigars Boruks takes over as CEO, replacing Indrek Puolokainen, who led the company since 2020. Boruks brings more than 16 years of experience in fintech, banking, and consulting. He has worked with SEB, Deloitte, and Swedbank. Under his leadership, Swaper plans to expand its lender network and strengthen its position in the Estonian market. The platform also aims to improve automation and core features.

Bondster has appointed Martin Stibor as its new CEO. He comes from an investment background and previously worked at CEP Invest. His focus lies on strategic development, platform growth, and improving investment processes.

The timing of these changes differs. At Swaper, the shift signals a push for growth and efficiency. At Bondster, the new CEO faces a different task. The platform needs to rebuild trust and become more attractive for investors.

#4 Mintos adds crypto investments via ETPs

Mintos now offers crypto exposure through regulated ETPs. Investors can access Bitcoin, Ethereum, and other assets directly from their Mintos account. No wallet or external exchange is required, which makes the setup simple.

Trading fees are waived until April 30, 2026. After that, Mintos will charge €0.99 or 0.49% per transaction, whichever is higher.

For small investments, this structure becomes expensive. A €100 trade already implies close to 1% in fees when buying—and again when selling. In addition, ETP providers charge ongoing product fees, which are not clearly shown at the platform level.

There may also be tax implications, especially for German investors. Gains from ETPs are typically subject to capital gains tax if the underlying crypto cannot be delivered. This removes the potential tax advantage seen with direct crypto holdings after a holding period. Investors should review this carefully.

For those who accept these trade-offs, the feature offers a simple and regulated way to invest in crypto within one account. Others may prefer dedicated crypto platforms with lower costs and more flexibility.

#5 InRento relaunches platform and plans more supply

InRento has rolled out a full platform relaunch. The update simplifies navigation, improves project presentation, and standardizes the investment process.

The focus is on better usability and a more modern layout. Projects are easier to compare, and key data is more clearly structured. This makes analysis and decision-making faster for investors.

At the same time, the platform plans to increase deal flow. According to a recent discussion with CEO Gustas, more projects will be added in the coming months. This should improve availability and allow for more consistent investing.

This is especially relevant for investors who currently struggle to deploy capital. The lack of supply has been a key bottleneck. With more projects coming in, this issue may ease.

Given these changes, increasing exposure could become more attractive again. Higher portfolio levels also unlock additional benefits, including earlier access to new projects.