Veteran Latvian loan-originator P2P with €1 minimum, since 2015.
Twino is one of the longest-running European P2P platforms, founded in 2015 in Riga and licensed as an Investment Service Provider by the Bank of Latvia. It has financed around €1.3B in consumer loans across multiple European originators, with auto-invest, secondary market and a mobile app — though investor sentiment has polarised since the platform introduced inactivity fees and tightened payout policies.
Does the platform pay out what it promised?
Do the yields match what was advertised?
Do you get the facts you need — including the bad news?
How much work is it to actually invest?
Is there a human on the other end?
How easily does money go in — and come back out?
What does the platform take off the top?
Each review is matched to every criterion it touches; the tone follows its star rating. Counts are the number of reviews behind a line. Methodology
Twino is a consumer crowdlending platform based in Latvia, supervised by Bank of Latvia. Investors deposit funds, browse open opportunities and commit capital project-by-project or via automated rules.
Once a project is fully funded, the platform releases capital to the borrower and collects scheduled payments — interest plus principal — which are credited to your investor account. Most European platforms publish a public dashboard with projected and realised cashflows.
Loans on Twino carry a 60-day buyback, which steps in if the borrower stops paying. The strength of that protection depends on the financial health of the originator standing behind it — not the platform itself.
The platform advertises target gross yields in the 8–10% APR band. Realised net returns on a diversified portfolio typically run 1–3 percentage points below the headline range once defaults, cash drag and fees are taken into account.
Track record is best read against the Latvia macro context — local interest rates, property cycle and employment data move loan-default rates in real time. Investors should diversify across at least 20–30 loans before extrapolating any single year of returns.
Headline yields are quoted before the value of the 60-day buyback. In a normal market this protection has historically smoothed the realised return; in a stressed market its value depends on the originator’s capacity to honour the buyback.
Suited to investors looking for collateralised income with a 12 months horizon, comfortable with project delays, periodic write-downs and the limited liquidity typical of property deals. Minimum ticket from €10. Best used as a complement to a diversified fixed-income allocation, not as a substitute for it.
Capital at risk. Investments on Twino are not bank deposits and are not covered by any deposit-guarantee scheme (FGD in Spain, FGDR in France, gli istituti di garanzia in Italy, etc.). You can lose part or all of your capital.
Default risk. Borrowers may stop paying. Even with collateral or buyback, recovery is slow and partial in stressed scenarios.
Buyback risk. The buyback guarantee is a contractual promise from the loan originator — not from the platform, and not from any government. Multiple originator failures since 2020 have shown the protection can fail in practice.
Tax. Interest and capital gains are taxable in your country of residence. Most European platforms do not withhold automatically.
support@www.twino.eu — confirm on the platform’s contact page before sending sensitive information.Twino operates under supervision of Bank of Latvia. Supervision covers conduct, disclosure, segregation of investor cash and minimum capital requirements. It does not guarantee that any individual deal will perform as advertised — investors retain full project-level risk on every position they hold.
The minimum ticket per deal is €10. There is no upper limit for retail accounts; institutional tickets are arranged separately with the platform.
Advertised gross yields are 12% p.a.. Realised net returns depend on default rates, cash drag (money waiting between deals) and any servicing fees — expect actual portfolio returns 1–3 percentage points below the headline range after a full investment cycle.
Available cash typically arrives via SEPA or local bank transfer within 1–3 business days. Funds locked in active deals only return as borrowers repay; a secondary market is available if you need to exit early.
In an underwriting failure, the platform pursues the contractual recovery path — the buyback guarantee from the originator should refund principal plus accrued interest, with workouts typically taking 12–24 months. Recovery is rarely 100 %, and investors should size positions accordingly.
Investor cash held on the platform is segregated from Twino’s own balance sheet, as required by the rules of Bank of Latvia. In an insolvency, cash should be returned to investors and outstanding loans transferred to a runoff administrator who continues to collect repayments on investors’ behalf. The process can take 12–24 months and recovery is rarely 100 %, but the loans you own remain your property, not the platform’s.
Yes — interest, dividends and realised capital gains are taxable in your country of residence. Most platforms do not withhold automatically; investors report the income in their annual tax return and may apply double-tax-treaty relief where available.
Typical project duration is 12 months. Longer durations generally pay higher headline yields but lock capital for longer and increase exposure to macro cycles; shorter durations offer faster reinvestment but reset rates more often.
A common rule of thumb is 20–30 positions to absorb single-deal default risk. Below 10 positions, one bad loan can wipe out a year of returns; above 30 the marginal benefit of further diversification flattens. Auto-invest rules make this easy to maintain over time.
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Strong Loan Originator with great yield
SCAM DON'T BUY ANYTHING I THIS SITE
So I bought a lot of Vietnamese investments in the secondary market. They were all marked (and still are!) as active. Even though the Vietnamese company is dead and insolvent. No information can be found on the website. Their communication with investors is through emails that you may or may not even receive. But who cares?They don't. Don't recommend using Twino to anyone. Everything they touch turns to shit.
these guys do not understand the concept of client centricity. No solution for Russian Loans Unable to close my account because of Russian loans Charging me an inactivity fee, although i want to close my account Oh and ridiculous requirements for a Password, so you have to write it down somewhere and then lose it. but the worst of all: if any contact you have with their CS, the answer is: sorry we cannot help you.
They don‘t pay my money out and then I get a fee for inactivity. Can‘t recommend this Website.
I have been client for multiple years. at first i was doing small investments but in recent years i have expanded it. I really trust them as a client and will continue to invest.
Freundlich, geduldig und absolut professioneller Support! Vielen Dank 😊
Suddenly 10 euro fee per month (out of the blue) if there is inactivity in the account. So not really passive income, but rather active.
Kompletter Scam. Es gibt eine Inaktivitätsgebühr - die auch nachträglich auf bestehende Kunden angewendet wird. Diese gilt für Guthaben, selbst wenn sie so gering sind, dass sie gar nicht ausbezahlt werden können. Im Grunde wird man gezwungen das Geld immer weiter zu veranlagen.
$253
Ya llevo varios años invirtiendo en Twino, y todo perfecto. Problemas que he tenido (como cambio de banco o correo electrónico), me lo han solucionado fácilmente y sin rodeos. Mientras sigan así, me tienen como cliente muchos años más.
They have introduced a scammy inactivity fee with bogus justification. I would stay far away from this company as such a move reeks of financial trouble.