Flender review shows that Flender is a leading P2P lending platform from Ireland. Peer-to-Peer lending is a form of crowdfunding that matches businesses that wish to borrow with investors willing to lend to them. And because Peer-to-Peer finance providers like Flender operate online and have none of costs associated with bricks and mortar branches, they can offer better rates of return than the banks.Technology and innovation have also simplified and accelerated the process of obtaining business loans to such an extent that Flender borrowers can receive funds within 24 hours of applying for a loan. Peer-to-Peer finance is attractive to SME borrowers because of its speedy decisions, minimal paperwork and competitive rates.

Founded in 2015, Flender has loaned over €7.1 million to date and paid out over €0.4 million in interest payments to investors. To date the average Flender investor has enjoyed a 10,3% return and only 0.2% defaults.

Key facts about Flender

Estimated annual returns: 10.4%
Launched: 2015
Autoinvest: Yes
Loan security: Business as collateral
Provision fund: No
Registered investors: 6137 in March 2019
Buyback guarantee: No
Minimal investment: €50
Time to become invested: Varies on loans availability. As most of the projects are between 15’000€ – 100’000 it takes up to a week to fund the investment project.
Time needed managing: Very Low
Regulation: FCA regulated company
Country of operation: Ireland
Defaulted loans: 0%
Borrowers verification: By the platform
Accepted currencies: EUR
Accepts investors from: All over the world

The Flender Review: Pros and Cons

– 0.2% default rate of investment opportunities
– Average returns of 10.4%
– Fast KYC process as ID verification (takes up to 24 hours)
– Fast deposit of funds to the platforms (can be done by debit of credit card)
– Very simple and user friendly interface
– FCA regulated company in UK

– No buyback guarantee
– Very few investment opportunities


Crowdestor, Rebuilding Society, October

Flender Review: what I have experienced so far

Flender caught my attention in the beginning of 2019. I was looking for P2P lending opportunities in Ireland and found Flender. Flender is not a new player in the market, they already operate for almost 4 years in Ireland and have more than 15 team members. Flender offers business loans wtih fast decisions, competitive rates and terms up to 3 years. Loans are between €15,000 and €150,000. So far more than €7.1M has been lent and this helped to create 387 jobs in Ireland. I really appreciate when P2P platforms do not only lend money but have other purpose as well. In this case Flender supports young businesses in Ireland and at some point can become a decent supporter for business that are looking for short term capital increase.

To register and prove your Identity takes only few minutes. I have to emphasize that their user interface is really simple and easy to use. It’s is not crowded by a lot of unnecessary info and other distractors. To understand how to use platform takes maximum 5 minutes. What I really like that to deposit money you can with Visa, so it gives an opportunity to invest almost instantly.

You can start to invest in businesses (give loans) with as little as 50 eur. However, there are not so many investment opportunities. Instead of checking every day if new investment options have been presented you can use AutoInvest tool that will do the hard work for you.

The team looks very strong (already 15 members) with a decent experience in finance. Track record is already there and the most important thing is that default ratio is only 0.2%. Some of the P2P platforms have 15% or even higher default ratio (in most cases short term loans operators), so it means that Flender has a decent scoring model in place.

Need to emphasize that Flender is a FCA regulated platform that gives additional security for the company. It looks that all the other factors are positive if you consider Flender to invest. Click here to open your account today and receive 5% cash-back for the investments made in the first 30 days!

Flender review is written by Tomas Medeckis