🏷️ Quick Overview
Name: Esketit
Creation: 2020
Country: Latvia
Investors / Amounts financed: +27,000 investors / +€954 million financed
Type of loans: Consumer loans (mainly in Jordan and Latvia through the originators Creamfinance & Jordan LendSecured)
Target strategy type: Stable and passive return
💻 Interface & Accessibility
Site language: English
General ergonomics: Modern, clear, quick to use
Registration and KYC verification: Fast procedure compliant with European standards
Mobile app available: No
Auto-invest: Yes, with advanced customization options
📈 Yield & Performance
Current yield of the platform : 7 – 12 %
Observed yield (personal) : Approximately 13% (Long presence and Loyalty Program)
Loyalty Program : >25,000€ = +0.5% ..... >50,000€ = +1% only on loans from Spanda, Mojo, MDI Finance, and JMD
Average loan duration : 30 to 90 days
Investment mode : Mainly self-investing through predefined or customized strategies. Manual investments are often available
Minimum investment : 10 €
⚠️ Risks & Safety
Identified risks : High dependence on two originators, limited geographical exposure
Buyback guarantee / collateral : Yes, buyback guarantee for a maximum of 60 days
Borrower rating available : No
Secondary market : Yes, quick sale of predefined strategies, slower for customized strategies
Global transparency : Good
Diversity of originators : Average, mainly affiliated with the founders and AvaFin Holding
💧 Liquidity
Withdrawal ease : Good on well-configured auto-invest
Average fund recovery times : Between 1 and 30 days
Deposit/withdrawal times : 1 to 2 business days
Cash drag management : Low, thanks to good loan turnover and purchases in the secondary market
🛡️ Regulation & Reliability
Official regulation (PSFP, FCA, etc.) : Not regulated by a European authority (not yet PSFP)
Legal compliance (country of origin) : Compliant but not supervised
History / known incidents : No major issues known
Responsive customer service : Yes (email only)
Regular communication : Yes, through newsletters, blog, and annual reports
🎁 Bonus & Referral
Welcome bonus : No
Referral bonus : Yes, 0.5% Cashback on investments for the first 90 days
🧠 My personal opinion
✅ Strengths:
- Limited cash drag
- User-friendly interface
- Reliable buyback guarantee
- Good and stable performance
-
Young platform but well managed
❌ Weak points:
- Dependence on a limited group of originators
- Not yet regulated PSFP
- Loyalty Program not very useful
📌 Am I investing in it? Why? : Yes, for the performance and simplicity, but with a measured amount due to the lack of regulation and diversification
🔍 For which investor profile? : Investor seeking high returns, comfortable with a bit more risk, ready to keep up with regulatory changes