Modena
Modena is an Estonian consumer lending and Buy Now, Pay Later platform. The operator, Modena Estonia OU, was registered in Tallinn in October 2019 and opened its investor portal in November 2024. Finantsinspektsioon licensed it as a creditor on 2 August 2021 under licence 4.1-1/100, covering the granting of credit to consumers; the group's payment institution licence belongs to its sister company Modena Payments OU. Investors do not pick loans. Money placed in a Vault automatically buys fractions of claims that Modena holds against its own borrowers, from 50 EUR and with no fees. The Dynamic Vault has no fixed term, the Growth Vault runs for twelve months, and there is no secondary market. Modena states that it is obliged to buy a claim back once the borrower is 35 to 90 days late, depending on the contract, so the buyback guarantee is owed by the same company that granted the loan and sold the claim; its terms are in the vault contract, which is only available inside the portal.
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Modena in real numbers
Anonymized statistics from all Modena portfolios tracked on P2P Dash: real investor data, not the platform's marketing numbers.
Median net return (XIRR)
10.7%
Based on 42 investor portfolios
Middle 50% of investors
Investor sentiment
Based on 91 stated strategies
Combined portfolio value
€1,240,911
Investors on P2P Dash
322
Interest earned all-time
€47,415
Median cash drag
0.0%
Share of funds sitting uninvested
Important Notes
- Use the cashflow export
Compare Modena head-to-head
Modena returns over time
Median annual return of Modena investors on P2P Dash, per calendar year. Years with too few investors to publish are left out.
Last 12 months
9.4%
23 investors
12.6%
2025
11.5%
2026
Is money moving into Modena?
Monthly deposits minus withdrawals across Modena investors on P2P Dash. Positive means the community is putting money in, negative means it is coming out.
Net flow, last 12 months
+€1,072,641
322 investors tracking
In Q3 2026, Modena ranks 6 of 50 platforms by net capital flow. See all capital flows for Q3 2026 →
Modena investors also track
Share of Modena investors on P2P Dash who also track each of these platforms: anonymized community data, shown only where at least 10 investors overlap.
Alternatives to Modena
Platforms in the same asset class, drawn from the community ranking of real portfolio data: selected by numbers, not commissions.
Full ranking: Consumer loans → Yield accounts →
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.
The Best P2P Lending Platforms 2026
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 Modena
Answers based on anonymized community data from P2P Dash investors.
What is Modena?
Modena is a peer-to-peer lending platform, founded in 2019 (headquarters: Estonia). On P2P Dash, investors import their Modena account statements to track the real net return they earn there.
What return do investors actually earn with Modena?
Across 42 Modena portfolios tracked on P2P Dash, the median net return (XIRR) is 10.7%. The middle 50% of investors earn between 9.4% and 12.8% (as of September 18, 2026).
How many investors track Modena on P2P Dash?
322 investors track their Modena portfolios on P2P Dash, with a combined portfolio value of €1,240,911 and €47,415 in interest earned all-time.
How does Modena rank among P2P platforms?
Modena ranks 7 of 27 in the P2P Dash community ranking 2026. The ranking is based on what investors say they will do next with their money on each platform.
Are investors currently adding or withdrawing money at Modena?
Of 91 stated strategies for Modena, 62% plan to add funds or reinvest, 20% intend to hold, and 19% plan to reduce or exit (as of September 18, 2026).
Is Modena regulated?
Yes, Modena is a regulated platform supervised by Finantsinspektsioon.
Does Modena offer a buyback guarantee?
Yes, Modena offers a buyback guarantee: if a loan is overdue beyond a set period, it is repurchased. Keep in mind that a guarantee is only as strong as the party standing behind it.
How do I analyze my Modena portfolio?
Export your transaction history from Modena (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.
What are alternatives to Modena?
Based on the community ranking, the closest alternatives to Modena in the same asset class are Nectaro, Afranga, Loanch. Each platform page shows real median returns and investor numbers from the P2P Dash community.