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Importer Last Updated: January 5, 2026

Swaper

Swaper is an Estonian P2P lending platform specializing in short-term consumer loans and vehicle leasing. Launched in 2016, the platform has been run since 2019 by Swaper Platform OÜ in Tallinn, Estonia, and operates under the Wandoo Finance Group. The platform is not licensed by any EU financial regulator; its subsidiary SW Finance OÜ holds only an anti-money-laundering registration with Estonia's Financial Intelligence Unit. Swaper offers loans from Wandoo Finance Group subsidiaries in Spain, Peru, Latvia, Estonia, and North Macedonia, featuring a buyback guarantee on all investments after 60 days of default.

🇪🇪Estonia·Founded 2019·Unregulated
Asset classes: Consumer loansBusiness loans (SME)
Auto-InvestBuyback GuaranteeSecondary Market
Swaper
Community dataRank 27 of 34 in the community rankingAs of August 3, 2026

Swaper in real numbers

Anonymized statistics from all Swaper portfolios tracked on P2P Dash: real investor data, not the platform's marketing numbers.

See the statistics for all platforms →

Median net return (XIRR)

13.3%

Based on 190 investor portfolios

Middle 50% of investors

12.3%14.0%

Investor sentiment

Based on 97 stated strategies

Add funds16%Reinvest22%Hold25%Reduce11%Exit26%

Combined portfolio value

€2,480,844

Investors on P2P Dash

304

Interest earned all-time

€461,809

Median cash drag

6.9%

Share of funds sitting uninvested

Important Notes

  • File size is limited to 1000 records
  • You need to split exports into multiple files to export all records

Swaper returns over time

Median annual return of Swaper investors on P2P Dash, per calendar year. Years with too few investors to publish are left out.

Last 12 months

13.5%

64 investors

12.2%

2017

12.8%

2018

11.7%

2019

13.6%

2020

13.3%

2021

12.4%

2022

13.3%

2023

13.4%

2024

12.8%

2025

14.7%

2026

Return excluding cashback Added by cashback

See returns by platform and year →

Is money moving into Swaper?

Monthly deposits minus withdrawals across Swaper investors on P2P Dash. Positive means the community is putting money in, negative means it is coming out.

Net flow, last 12 months

+€877,868

304 investors tracking

Money in Money out

In Q2 2026, Swaper ranks 13 of 45 platforms by net capital flow. See all capital flows for Q2 2026 →

See the fastest growing platforms →

Swaper investors also track

Share of Swaper investors on P2P Dash who also track each of these platforms: anonymized community data, shown only where at least 10 investors overlap.

Alternatives to Swaper

Platforms in the same asset class, drawn from the community ranking of real portfolio data: selected by numbers, not commissions.

Nectaro logo Nectaro

16.7% median return (XIRR) · 470 investors

Regulated Buyback Guarantee
Afranga logo Afranga

14.6% median return (XIRR) · 418 investors

Regulated
Modena logo Modena

11.0% median return (XIRR) · 275 investors

Regulated Buyback Guarantee
Ranking

The Best P2P Lending Platforms 2026

Every ranking on this page is aggregated from the real, anonymized portfolio data of 1,761 investors and recalculated nightly. No editorial opinion, no paid placements: the data alone sets the order.

Frequently asked questions about Swaper

Answers based on anonymized community data from P2P Dash investors.

What is Swaper?

Swaper is a peer-to-peer lending platform, founded in 2019 (headquarters: Estonia). On P2P Dash, investors import their Swaper account statements to track the real net return they earn there.

What return do investors actually earn with Swaper?

Across 190 Swaper portfolios tracked on P2P Dash, the median net return (XIRR) is 13.3%. The middle 50% of investors earn between 12.3% and 14.0% (as of August 3, 2026).

How many investors track Swaper on P2P Dash?

304 investors track their Swaper portfolios on P2P Dash, with a combined portfolio value of €2,480,844 and €461,809 in interest earned all-time.

How does Swaper rank among P2P platforms?

Swaper ranks 27 of 34 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 Swaper?

Of 97 stated strategies for Swaper, 38% plan to add funds or reinvest, 25% intend to hold, and 37% plan to reduce or exit (as of August 3, 2026).

Is Swaper regulated?

No, Swaper does not hold a financial license. Unregulated platforms can offer higher rates, but investors have less protection if the platform runs into difficulties.

Does Swaper offer a buyback guarantee?

Yes, Swaper 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 Swaper portfolio?

Export your transaction history from Swaper (excel) 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 Swaper?

Based on the community ranking, the closest alternatives to Swaper in the same asset class are Nectaro, Afranga, Modena. Each platform page shows real median returns and investor numbers from the P2P Dash community.