Savy review shows that Savy is the first Lithuanian-based peer-to-peer lending marketplace, focused on the consumer loans. Company was founded in 2014 and over 23660 investors have already invested more than €18 million in loans and have received €3 million in interest.

A standard practice of global P2P lending platforms is that investors transfer funds to an account owned by the platform managers and the latter do the lending. Savy took a different path. The SAVY interpersonal borrowing platform does not manage the funds of investors directly. Each investor creates their own “personal wallet” in the Paysera e-money institution. They are then entitled to use their funds at their own discretion; for example, they can take their money out as soon as they need it without any intervention from SAVY.
Even theoretical risks for investors’ money are eliminated under this structure. The platform reserves the right to evaluate the creditability of borrowers and allocate investors’ money to the borrowers. Other risks, such as funds being used for other purposes than intended by investors, are simply impossible on Savy platform.
Paysera is an e-money institution. Investors can be confident as Paysera has 10 years of experience as an e-money license holder in the European Union. Its business in Lithuania is supervised by the Bank of Lithuania. To date the average Savy investor has enjoyed a 20% return.

The inefficient credit markets in which it operates allow for the high returns. Banks in Lithuania actually charge prime borrowers 20-29%. Savy is capitalizing on this mispricing by offering lower rates to borrowers and attractive returns to investors. (more on this later)

Savy is regulated by the Lithuanian Central Bank. Savy is a leading consumer lender in Lithuania with solid track 4 years record.

Key facts about Savy

Estimated annual returns: 20.1%
Launched: 2014
Autoinvest: Yes
Loan security: Yes
Provision fund: Yes
Buyback guarantees: Yes
Registered investors: 23660 in February 2019
Minimal investment: € 10
Time to become invested: up to 7 days. Depends on loans availability
Time needed managing: Low
Regulation: Regulated by the Lithuanian central bank
Country of operation: Lithuania
Defaulted loans: 2,75%
Borrowers verification: By the platform
Accepted currencies: Euro
Accepts investors from: Worldwide

Savy Review: Pros and Cons


– User-friendly and intuitive dashboard for investors
– Investment policy can be tailored to purchase whole loans based on pre-defined criteria or invest into fractional loans across the market
– Fast ID verification and time to become money invested (in my example one day)
– Solid 4 years track record
– High returns
– Regulated by the central Lithuanian bank


– Low amount of loans available for investments
– Loans are seen as late loans without any payment even after 210 days


Mintos, Twino, Neofinance, RoboCash, Viainvest, Bondora

Savy review: What I have experienced so far…

Firstly, some words about opening account at Savy. For me it was easy process, all I needed was to click login with Facebook account.And that’s it. Later you have fill an application (if you already do not have it) at Paysera where you need to verify your Identity. After that you are ready to transfer funds to Paysera account and use it for investing into loans.

Secondly, some facts about my experience in using Savy investment opportunities: In the beginning I wanted to invest using manual investment option. However, there was only one investment option with a loan repayment term of 72 months. In most of the cases I prefer short term loans up to 12 months, so had to find another way. Then I had chosen automated investment tool with 20% returns. However, with my specific criteria autoinvest tool could not find me loans for almost 10 days. Finally, I had to choose more common criteria in order to money be invested (lower interest rates, longer term of repaiment, higher risk loans and etc).

Recently there was a news announced by Savy management that the platform bought a whole loan portfolio from Creditstar Lithuania (valued at 0.5M EUR). It means that soon there will be more loans available on the SAVY marketplace.

All in all, Savy has a lot experience in p2p lending industry. They issued more than €19 million in loans, has a big amount of investors and offers to them attracting returns of almost 20%. Moreover, the platform has user-friendly and intuitive dashboard and nice autoinvest tool. The most important that the platform has more than 4 years of track record in P2P lending industry and is regulated by the Central bank Of Lithuania. In the other hand, Savy has a low amount of loans available for investments. With the new acquisition of CreditStar loan portfolio we can expect more loans to be added to Savy. Another thing is that default rate is quite low only of 2,75% of all loans issued, however investors have to take into the consideration that loans can be late for 210 days on the platform an still will not be seen as defaults.

Savy review is written by Tomas Medeckis