Swaper
Swaper is an Estonian marketplace where users buy claim rights to consumer loans, vehicle leases and small business loans. The platform launched in October 2016; Swaper Platform OU in Tallinn, the company users contract with today, was registered on 20 May 2019 and is owned in full by Marina Tjulinova. It states in its own footer that it holds no financial services licence. Loans come from four originators: the Wandoo Finance group in Latvia and Spain, Wandoo Finance S.R.L. in Peru, One Leasing in North Macedonia, and SW Finance OU in Estonia, which is Swaper's own wholly owned subsidiary. Swaper and its largest originator are related parties: Tjulinova sits on the board of Neotech Development OU, which holds 13.8 percent of Wandoo Finance SIA. A buyback guarantee after 60 days of delay is owed by Swaper itself or by the originator depending on the loan, and the exact terms sit in each assignment agreement. Users can resell claims to other users at no fee.
Swaper in real numbers
Anonymized statistics from all Swaper portfolios tracked on P2P Dash: real investor data, not the platform's marketing numbers.
Median net return (XIRR)
13.3%
Based on 256 investor portfolios
Middle 50% of investors
Investor sentiment
Based on 121 stated strategies
Combined portfolio value
€3,136,346
Investors on P2P Dash
352
Interest earned all-time
€621,078
Median cash drag
6.5%
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
Compare Swaper head-to-head
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
14.4%
82 investors
12.2%
2017
12.8%
2018
11.7%
2019
13.7%
2020
13.3%
2021
12.4%
2022
13.5%
2023
13.4%
2024
12.9%
2025
14.8%
2026
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
+€946,402
352 investors tracking
In Q3 2026, Swaper ranks 21 of 51 platforms by net capital flow. See all capital flows for Q3 2026 →
How is sentiment on Swaper changing?
The strategies Swaper investors state on P2P Dash, week by week. Each of them sets one per platform: add funds, reinvest, hold, reduce or exit.
Community score
Weekly, on a scale from 0 to 100. Above 50, plans to add money outweigh plans to take it out; below 50 it is the other way round. The bars below show how many changed their strategy that week, and in which direction.
Community score
51
as of Nov 12, 2026
Last 7 days
0
- More cautious
- 1
- More confident
- 0
Nov 6 to Nov 12, 2026
Strategies over time
Share of each strategy among all stated ones, week by week.
Show all weeks as a table
| Week | Community score | Votes | More confident | More cautious | New votes | Reset | Add funds | Reinvest | Hold | Reduce | Exit |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 2 to Nov 8, 2026 | 51 | 120 | 2 | 0 | 2 | 0 | 18% | 26% | 23% | 8% | 25% |
| Oct 26 to Nov 1, 2026 | 51 | 118 | 0 | 4 | 6 | 0 | 18% | 25% | 25% | 8% | 25% |
| Oct 19 to Oct 25, 2026 | 53 | 112 | 0 | 1 | 4 | 0 | 21% | 23% | 26% | 9% | 21% |
| Oct 12 to Oct 18, 2026 | 53 | 108 | 0 | 1 | 1 | 1 | 20% | 25% | 23% | 9% | 22% |
| Oct 5 to Oct 11, 2026 | 53 | 108 | 0 | 0 | 2 | 0 | 20% | 25% | 22% | 9% | 23% |
| Sep 28 to Oct 4, 2026 | 53 | 106 | 2 | 1 | 4 | 0 | 21% | 25% | 22% | 9% | 23% |
| Sep 21 to Sep 27, 2026 | 51 | 102 | 0 | 0 | 1 | 0 | 20% | 23% | 24% | 11% | 24% |
| Sep 14 to Sep 20, 2026 | 51 | 101 | 0 | 0 | 2 | 0 | 20% | 22% | 24% | 11% | 24% |
| Sep 7 to Sep 13, 2026 | 50 | 99 | 1 | 2 | 1 | 0 | 19% | 21% | 24% | 11% | 24% |
| Aug 31 to Sep 6, 2026 | 49 | 98 | 0 | 1 | 1 | 2 | 19% | 20% | 23% | 11% | 26% |
| Aug 24 to Aug 30, 2026 | 49 | 99 | 0 | 2 | 0 | 0 | 19% | 21% | 23% | 11% | 25% |
| Aug 17 to Aug 23, 2026 | 50 | 99 | 2 | 0 | 0 | 0 | 19% | 22% | 23% | 11% | 24% |
| Aug 10 to Aug 16, 2026 | 50 | 99 | 3 | 1 | 2 | 0 | 18% | 22% | 24% | 11% | 24% |
| Aug 3 to Aug 9, 2026 | 49 | 97 | 1 | 0 | 5 | 0 | 19% | 21% | 25% | 11% | 25% |
| Jul 27 to Aug 2, 2026 | 49 | 92 | 0 | 0 | 4 | 0 | 17% | 22% | 25% | 12% | 24% |
Alternatives to Swaper
Platforms in the same asset class, drawn from the community ranking of real portfolio data: selected by numbers, not commissions.
Full ranking:Consumer loans →Business loans (SME) →
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 2,124 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 2016 (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 256 Swaper portfolios tracked on P2P Dash, the median net return (XIRR) is 13.3%. The middle 50% of investors earn between 12.1% and 14.1% (as of November 12, 2026).
How many investors track Swaper on P2P Dash?
352 investors track their Swaper portfolios on P2P Dash, with a combined portfolio value of €3,136,346 and €621,078 in interest earned all-time.
How does Swaper rank among P2P platforms?
Swaper ranks 21 of 29 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 121 stated strategies for Swaper, 45% plan to add funds or reinvest, 21% intend to hold, and 34% plan to reduce or exit (as of November 12, 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 Modena, Revest, Nectaro. Each platform page shows real median returns and investor numbers from the P2P Dash community.