Lenndy is the first Lithuanian-based peer-to-peer lending marketplace, focused on the sale of already issued loans to individuals. Company was founded in late 2016 and secured seed investment from an angel investor.

So far, over 1200 businesses and individuals have benefited from Lenndy, with around 5000 investors putting their trust and hard-earned money into this platform.

Lenndy is not the largest P2P platform in the Baltics. Compared to Mintos, Bondora, Twino and several others, each with over €100 million in loans to companies and developers, some Lenndy reviews can be forgiven for describing the platform as ‘early-level.’

Start Investing at Lenndy here and earn up to 14% annually 

Key facts about Lenndy

Estimated annual returns: 12.79%
Launched: 2016
Autoinvest: No
Loan security: Real estate and vehicles as collateral
Provision fund: No
Buyback guarantees: For all loans
Registered investors: 4937 in January 2019
Minimal investment: €10
Time to become invested: 1-15 days
Time needed managing: Low
Regulation: Not regulated
Country of operation: Latvia
Defaulted loans: 0
Borrowers verification: By loan originators
Accepted currencies: Euro
Accepts investors from: Europe, N. America, S. Amerika, Asia, Africa, Oceania


  • All loans secured by Buyback guarantee
  • 0% default rate and no late loans for more than 90 days
  • Competitive lender returns rates up to 14%
  • Fast ID verification up to 2 working days


  • No information about loans that have been already funded
  • Deposit of funds only through Paysera account
  • Not Regulated
  • Lack of information about company relocation to Latvia


Savy, Mintos, Paskolu Klubas, Finbee, Grupeer
Lenndy review: What I have experienced so far

I have been investing my own money into Lenndy since May 2017 and am happy with the results. Lenndy has 2 different investment products which offer attractive returns to investors who lend against secured business and individual loans. The structure of loans at Lenndy is: 97.4% business loans and only 2.6% personal loans. I prefer Lenndy business loans over personal loans as business loans have shorter  repayment period (up to 12 months at most cases). My current rate of returns is 14%.  At Lenndy you are only allowed to pick loans manually and from one side it helps to avoid loans that can be offered through Auto Invest tools. For example, at Bondora Auto Invest tool has bought loans for me in Spain with HR risk ratio. And those loans have never been repaid back to me…

I like that it is easy to navigate at Lenndy dashboard (you can pick loans, see the returns and deposit money fast), even if design is not up to date. However, as an investor you can deposit money only through Paysera (e-wallet) and that creates extra difficulties as you have to register and deposit money there first. No wire transfers through traditional bank are allowed.

Written by Tomas Medeckis