ANote Music
ANote Music is a Luxembourg marketplace for music royalties, operated by ANote S.A., registered in Luxembourg on 30 July 2018 and open to the public since 28 July 2020, when it started with a catalogue from the Italian label Irma Records. Rights holders such as labels, publishers and artists list a share of a catalogue's future royalties, and investors buy into that share at auction. What an investor acquires is a contractual right to future royalty income, not the songs: the copyrights and every decision about the music stay with the rights holder. By ANote's own terms, royalty interests are not financial instruments within the meaning of MiFID or Luxembourg financial services law, which is why the product is a marketplace for rights rather than a securities platform. ANote collects the money from the distributors and collecting societies behind each catalogue and credits investors pro rata. After the auction, shares change hands between investors in an order book, so selling depends on finding a buyer. Some listing contracts let the rights holder buy back all shares early, at a premium of at least 15 percent over the volume-weighted average price of the previous 30 days; that is the rights holder's option, not a guarantee to investors. Investor cash is held in segregated e-money wallets at the payment institution Mangopay.
ANote Music in real numbers
Anonymized statistics from all ANote Music portfolios tracked on P2P Dash: real investor data, not the platform's marketing numbers.
Median net return (XIRR)
11.1%
Based on 6 investor portfolios
Middle 50% of investors
Combined portfolio value
€36,102
Investors on P2P Dash
6
Interest earned all-time
€7,738
Median cash drag
6.6%
Share of funds sitting uninvested
ANote Music returns over time
Median annual return of ANote Music investors on P2P Dash, per calendar year. Years with too few investors to publish are left out.
11.4%
2024
12.4%
2025
Is money moving into ANote Music?
Monthly deposits minus withdrawals across ANote Music investors on P2P Dash. Positive means the community is putting money in, negative means it is coming out.
Net flow, last 12 months
+€10,352
6 investors tracking
About this data: The figures on this page are aggregated from anonymized data that P2P Dash users import themselves, plus platform details we maintain by hand. We check both, but we cannot guarantee that they are complete or free of errors. Spotted a mistake? Write to tim@newnow.de and we will correct it.
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Every ranking on this page is aggregated from the real, anonymized portfolio data of 1,981 investors and recalculated nightly. No editorial opinion, no paid placements: the data alone sets the order.
Frequently asked questions about ANote Music
Answers based on anonymized community data from P2P Dash investors.
What is ANote Music?
ANote Music is a peer-to-peer lending platform, founded in 2018 (headquarters: Luxembourg). On P2P Dash, investors import their ANote Music account statements to track the real net return they earn there.
What return do investors actually earn with ANote Music?
Across 6 ANote Music portfolios tracked on P2P Dash, the median net return (XIRR) is 11.1%. The middle 50% of investors earn between 10.7% and 11.3% (as of September 18, 2026).
How many investors track ANote Music on P2P Dash?
6 investors track their ANote Music portfolios on P2P Dash, with a combined portfolio value of €36,102 and €7,738 in interest earned all-time.
Is ANote Music regulated?
No, ANote Music does not hold a financial license. Unregulated platforms can offer higher rates, but investors have less protection if the platform runs into difficulties.
Does ANote Music offer a buyback guarantee?
No, ANote Music does not offer a buyback guarantee, so the credit risk of each investment stays with the investor.
How do I analyze my ANote Music portfolio?
Export your transaction history from ANote Music (csv) and import it into P2P Dash for free. You get your real net return (XIRR), cash drag, income projections and more, across all your P2P platforms in one dashboard.