Lonvest Review
- Written by
- Just P2P
- •
- Updated June 11, 2026
Lonvest is a peer-to-peer (P2P) lending platform where individuals invest their money with lending companies from the SpaceCrew Finance Group, which use these funds to issue personal loans. In return for these short-term investments, investors receive scheduled interest payments from those loan originators.
Although Lonvest launched recently, the platform builds upon the solid experience of the SpaceCrew Finance Group in the lending industry. It has ambitious plans to expand its investment offering across three continents, leveraging the group’s presence in these markets.
Let’s take a closer look at Lonvest.
Table des matières
What is Lonvest ?
Lonvest is a peer-to-peer lending platform based in Croatia that connects investors with companies from SpaceCrew Finance, a financial group operating in Europe, Asia, and South America. Starting from 50 €, investors can purchase claim rights on short-term loans and earn interest from borrower repayments.
Company Lonvest Platform d.o.o
As stated in its legal registration document, Lonvest Platform d.o.o was created in March 2023 and their headquarters are located in Zagreb, Croatia (like Robocash). The platform is registered in the official company registry with the Personal Identification Number (OIB) 90170011816 and the European Unique Identifier (EUI) HRSR.081501022.
The platform was created by the shareholders and managers of the SpaceCrew Finance group, which has been active in digital lending since 2016. Logically, they spotted that the growing P2P lending sector was complementary to their activities. Thus, Lonvest was designed to create synergies between their loan originators and individual investors in Europe.
Platform founders
The founders of Lonvest met in 2015 to set up the Ukrainian online short-term lending company MyCredit. Joined by the TAS group, from which they raised 3M$, they developed their lending activities in Asia and Europe. In 2023, they jointly created Lonvest to facilitate the expansion of their activities into new markets :
Roman Katerynchyk is a Fintech entrepreneur who studied IT and telecoms at the National Aerospace University. In 2006, he founded Artjoker, a software consulting company in Web & Mobile Development. Since 2015, he has been developing SpaceCrew Finance Group, of which he owns 80%, successively founding MyCredit (2015), OnCredit (2019), ClickCredit (2020) and Monto (2024).
Nataliya Holyak has spent her academic and professional career in accounting and finance, much of it with Financial Solution Center LLC. In 2021, she took over the management of the Asian holding company of SpaceCrew Finance Group in Singapore : Space Crew Asia Pte Ltd (registered in January 2020). Nataliya is also the Director of the Directix OÜ agency.
Roman Katerynchyk
Nataliya Holyak
Management team
The 2 founders of Lonvest assume the strategic positions of CEO (Roman) and CFO (Nataliya), but they are also supported by two other team members. These are Kate Devyatkina and Oleksandr Prokopiev, both long-standing employees of Roman Katerynchyk’s Artjoker company.
Kate Devyatkina holds the position of COO, in charge of monitoring market trends, defining the investment products and services, and developing the marketing strategy. She has a Master’s degree in Public Relations, Advertising, and Applied Communication, and previously worked at Artjoker as Chief Growth Officer.
Oleksandr Prokopiev is the CTO, or more precisely, the Technical Advisor within the team. He studied computer science with Roman Katerynchyk. Then, in 2009, he joined Artjoker as a developer, climbing the ladder step by step to become CEO of this software development company specializing in Fintech.
Kate Devyatkina
Oleksandr Prokopiev
Lonvest statistics | June 2026
Here are some statistics for the current year:
- Total funds invested : 2.9 M€
- Average annual return : 10.85%
- Number of investors : 900
- Average portfolio per investor : 1,180 €
On its statistics page, we observe that the investment activity started quite quickly on the platform right after its launch in April 2023. In 2025, amounts invested ranged between 20K€ and 160K€ per month, certainly due to the low number of loan originators operating on the platform.
But since 2026, Lonvest has shown some signs of acceleration, exceeding 200K€ of loans funded each month. With the arrival of new loan originators, the challenge for the platform is now to reach 1 M€ invested monthly, like other platforms launched at the same time such as Indemo.
How does Lonvest work ?
Lonvest is a peer-to-peer (P2P) investment platform connecting investors with lending companies (from Europe, Asia, and Latin America) which offer opportunities to participate in their business activities. Through structured agreements, private and corporate investors provide capital and receive regular interest at predetermined rates in return.
Lonvest is a P2P marketplace
As an intermediary, Lonvest connects investors with lending companies established in various countries, providing loans to local borrowers and generating interest payments. The role of the platform is to facilitate these transactions and ensure that financial and legal terms are respected by both parties.
To expand their activities and increase their capital, lending companies publish their investment opportunities on the platform. This model allows them to access additional funding sources to grow their loan portfolio, increase their market share at the national level and boost their annual revenue.
On the other side, the investors can browse and select loan opportunities that align with their investment strategy based on criteria such as loan amount, term, and interest rate. By investing in these loans, they receive interest at maturity, which they can either withdraw or reinvest.
Chronology of a P2P investment
On Lonvest, the minimum amount that can be invested in a claim right is 50€, knowing that the duration of loans range from short term (30 days) to middle term (3 months to 1 year). Returns available range from 9% to 13% (14% with the loyalty program), and interest is paid to investors at maturity.
Moreover, it should be noted that, unlike platforms like Esketit for example, they do not apply extensions to loan investments. Once a loan reaches its term, the principal is reimbursed together with the remaining interests.
In case of default of payment by a borrower, investors benefit from a buyback guarantee after 90 days, meaning the lending companies have to repurchase the claim right. Moreover, they are also legally required to pay all the interest generated during this additional period to every investor.
Investing on Lonvest
Who can invest ?
The requirements to invest on Lonvest are similar to other platforms located in Croatia : individuals should be at least 18 years old and hold a bank account from the European Union or a third country with a comparable AML system. The platform also accepts corporate investments.
The platform excludes a list of 63 countries or regions, mainly in Africa and in Asia, but also the United States and Russia. As part of Enhanced Due Diligence (EDD), a proof of address may be requested, and the source of funds must be justified when transactions exceed 10,000 € within 24 hours.
According to its latest statistics, investors on the platform mainly come from the following Top 5 countries :
Spain 32%
Germany 14%- 🇫🇷 France 10%
- 🇵🇹 Portugal 7%
- 🇮🇹 Italy 7%
For now Lonvest is available in the 4 main languages representing most investors in Europe : English, German, Spanish and French. At this point, there is no plan from the platform to extend the available translations further.
What do we invest in ?
Individuals who are registered on Lonvest can invest their capital with the SpaceCrew Finance group and some of its subsidiaries. These lending companies provide personal credit loans to individuals in the country where they operate mainly in Southeast Asia, Latin America, and Europe.
SpaceCrew Finance offers two financial products : online credit loans between 10$ and 500$ for a maximum of 30 days, and installment loans up to 500$ for a maximum of 70 days.
On Lonvest, it is possible to invest with Amanahkredit in Malaysia (short-term loans, 13%, live since May 2026) and SpaceCrew Finance in Singapore (business loans, 13%). Clicredito, in Mexico, is still listed but investments there are currently suspended. Two other loan originators are being onboarded, in South Africa and Colombia.
Registration process
Registering on Lonvest is a straightforward procedure during which investors need to go through the usual KYC (Know Your Client) process. The only documents required are an ID card (or a passport), a personal email and a smartphone. On the tax side, Lonvest does not apply any withholding tax.
Considering Lonvest is quite a recent platform in the P2P landscape, in addition to interesting returns, they offer a loyalty program, just like Hive5 does. But to benefit from it, investors need to be registered for over 90 days and invest at least 10,000 €.
On top of the interest rate available, investors who benefit from the loyalty program can add up to +1% return on each investment they make as the platform offers 3 loyalty tier levels :
- Sapphire : +0.5% over 10,000 € invested
- Emerald : +0.75% over 25,000 € invested
- Diamond : +1% over 50,000 € invested
How to invest on Lonvest ?
This P2P marketplace only offers the possibility to invest by using an auto-investment strategy. Unlike most other P2P platforms, such as Loanch for example, manual investment is not possible. But investors have to define their own customized strategies as the platform does not offer predefined investment strategies.
To set up a customized strategy, investors need to specify the amount they want to invest, the country where they wish to place their capital (and thus the associated lending company), and the period of investment (1, 3, 6 or 12 months).
Additionally, investors can enable the automatic reinvestment of capital and interest as soon as a loan is repaid. Let’s add that Lonvest does not offer a secondary market to resell our investments or to buy from sellers, and that withdrawals are capped at 5,000 € per week.
Is it safe to invest on Lonvest ?
Although recent, Lonvest benefits from the experience of the SpaceCrew Finance group in the consumer credit sector, and from the guarantees it provides. However, the platform is not regulated, and its geographic diversity could better reflect that of the group. Finally, let’s note the absence of a secondary market, partly offset by the early exit mechanism.
Pros to investing on Lonvest
100% Buyback guarantee
The policy applied by Lonvest is to back every investment offered on the platform by a buyback guarantee in case of loan default for more than 90 days. In such a case, the loan originator is legally obliged to buy back the investment and pay the interest that should have been received.
This is a good point, as this is not the policy applied by platforms such as Mintos, for example, but it should be remembered that a buyback guarantee is just as strong as a loan originator. Therefore, investors should have access to the financial data of the main loan originators listed.
Skin in the game policy
The SpaceCrew Finance group and its lending companies apply a “skin in the game” policy, a mechanism also found on other platforms such as Afranga. Under it, each company funds part of every loan it lists on the platform.
According to Lonvest’s CEO, the group’s companies fund about 20% of each loan with their own equity, the remaining 80% coming from investors. By keeping part of the risk this way, they align their interests with those of investors.
Since this equity contribution mechanically reduces the share offered to investors, it could result in cash drag, meaning capital left uninvested. In practice, we find that this is not the case on Lonvest, where deposited funds are invested quickly.
An experienced financial group
SpaceCrew Finance Group started its activities in 2015 in Ukraine with payday loans (high-interest short-term loans), and quickly gained a leading position. The group then expanded to Croatia, and from 2021, turned to Asia with the lending company OnCredit in Sri Lanka.
SpaceCrew Finance also established itself in Mexico, which made Lonvest one of the few European platforms offering investments in this country (paused in 2026). The group is also looking toward another promising Latin American market, Colombia, where the P2P lending platform Lendermarket is already present.
Despite difficulties establishing itself in Vietnam, where operations lasted only three years (2021 – 2024), SpaceCrew Finance continues its development in Asia. Its Malaysian lending company Amanahkredit has been live on the platform since May 2026, and the SpaceCrew Finance group, based in Singapore, is now listed on Lonvest.
SpaceCrew Finance Group guarantee
On Lonvest website, it is also indicated that in cases where a loan originator encounters financial difficulties and can not fulfill its buyback guarantee, a group guarantee will take over (Like PeerBerry). SpaceCrew Finance offers this additional guarantee as a second layer of security to protect investors (except in the exceptional case of force majeure like a war).
Just like a buyback guarantee is as strong as the loan originator, a group guarantee is as strong as the financial group offering this protection, meaning that SpaceCrew Finance needs to demonstrate its financial strength.
On that, SpaceCrew Finance Group provides limited information, only revealing select data about its business volumes without presenting proper annual reports. Moreover, the terms for activating this guarantee remain unclear, particularly regarding which entities within the group would be responsible for handling the debt and their respective levels of commitment to repay.
Cons to investing on Lonvest
Lonvest is not regulated
As a few other famous top-ranked P2P platforms, the founders chose Croatia to establish their company, and therefore, no regulation is needed to conduct their activities. In fact, the operating rules that apply to the platform are relatively minimal, as are the constraints for investors.
Although a regulation can be seen as an added layer of security, it is often a source of additional costs. More than regulations, which often do not really protect investors, the most important for the platform is to demonstrate its capacity to meet its contractual obligations.
Furthermore, Lonvest’s terms and conditions state that investors’ funds are kept separate from its own funds, with Multipass, an electronic money institution authorised by the UK FCA, which can neither lend nor reinvest them.
Need for more diversification
On its website, SpaceCrew Finance Group lists 6 active lending companies (Croatia, Mexico, Malaysia, Singapore, Sri Lanka, Ukraine) and 2 upcoming (Colombia, South Africa). However, in practice, Lonvest only offers two lending companies on its platform, in Malaysia and Singapore.
Indeed, integrating a loan originator is not that simple, even when it belongs to the same group as the platform, since there are strong technical, legal, and organisational constraints before it can be listed.
The platform is still in its infancy and needs time to integrate the other loan originators. Nevertheless, given that the companies belong to the same group, several of them could have been listed as soon as it was launched (which suggests a certain haste).
No secondary market
Lonvest does not offer a secondary market which is a feature often requested by those investors who appreciate being able to withdraw their capital at any time. For others, when the secondary market offers a discount/premium option, it is also an opportunity to make extra money by reselling.
But in reality, this issue has little importance given the short duration of investments offered on the platform (less than 12 months), as the vast majority do not exceed 30 days.
Furthermore, Lonvest currently allows investors to cancel an investment at any time and free of charge, giving up the interest accrued up to the day of cancellation. This early exit provides some liquidity despite the absence of a secondary market.
Opinion on Lonvest
Created in 2023 and 100% owned by Roman Katerynchyk, Lonvest is a P2P lending platform based in Croatia that offers investments in personal loans. These investments have fairly short durations, offer attractive returns, and come with a 90-day buyback guarantee.
All available loans are issued by subsidiaries of the SpaceCrew Finance group, whose experience in microcredit spans several continents. Investments also benefit from an additional group guarantee, thus reinforcing their security.
However, the fact that all lending companies belong to the same group limits diversification opportunities on the platform. This characteristic can be seen as either an advantage or a disadvantage depending on investors, as the security of investments relies on SpaceCrew Finance’s financial strength.
This is why SpaceCrew Finance, even more than Lonvest, should demonstrate greater transparency regarding its financial situation by publishing annual reports from its lending companies and, ideally, audited financial balance sheets that investors can use to assess the platform’s financial health.
SpaceCrew Finance is undeniably a promising financial group, but it still needs to strengthen its subsidiaries and deliver on the expansion plans announced on its website, in order to offer investors greater geographical diversification.
In parallel, the platform should integrate more lending companies from the SpaceCrew Finance group. While technical and legal constraints exist, its unregulated status provides it with significant flexibility and a strong capacity for action. That’s the choice made by an experienced platform like Swaper since 2016.
Since 2016, the founders of SpaceCrew Finance and Lonvest have developed an innovative ecosystem dedicated to microcredit, driven by young and dynamic entrepreneurial teams. Today, the group’s various lending companies are active in promising markets conducive to this type of activities.
The main challenge now is to consolidate this ecosystem and unlock its full potential by opening these new markets to P2P investors. This is the priority that the team must address to balance and sustain its business model.
Finally, beyond integrating new lending companies, Lonvest’s other major challenge is to attract more investors. To achieve this goal, the absence of regulation and a secondary market is not an obstacle, provided that the platform consistently strengthens its financial transparency and reporting.
To keep up with our 100% P2P blog, you can subscribe to our Just-P2P Newsletter, follow our Twitter account or join our Facebook page.
About the Author
Silvère is an economist and IT engineer with numerous years of experience in business management, FinTech investment and digital marketing. He invests mainly in crowdlending especially P2P lending, P2B lending, and real estate crowdfunding.
Article sources
1. About the platform
2. About the loan originators
3. How the platform works
4. Security measures in place
5. Platform Youtube channel
6. Registry of companies (Croatia)
7. Platform help database
8. Analysis by P2PMarketData
9. Platform loyalty program
10. OnCredit Sri Lanka (LinkedIn)
11. Lonvest Terms and Conditions
12. Lonvest AML Policy
2 thoughts on “Lonvest Review”
Sapphire Investor Status: Invest more than €10,000 and earn an additional 0.5% interest.
Emerald Investor Status: Invest more than €25,000 and earn an additional 0.75% interest.
Diamond Investor Status: Invest more than €50,000 and earn an additional 1% interest.
Thanks for the tip Moises, dully updated.