Lonvest Review 2026: Up to 15%, One Owner, No Licence

Lonvest is an online platform, launched in 2023, where European investors put money into short-term loans issued by lending companies in Asia and Latin America. It is run by Lonvest Platform d.o.o., a Zagreb company owned by the Ukrainian fintech entrepreneur Roman Katerynchyk, and every lender on it belongs to his lending group, SpaceCrew Finance.

The homepage advertises “up to 15% return annually”, a 9–15% range and a €10 starting amount. On 21 September 2026 it showed three lenders: SpaceCrew Singapore (up to 11%), Clicredito Mexico (up to 12.5%) and a Malaysian lender (up to 11%).

The honest one-line description is: Lonvest is a funding channel for one group's loan books, sold through a very small, unlicensed Croatian company. That is not automatically a bad thing — several larger platforms work the same way — but it shapes every other part of this review. The live figures and safety score are on the Lonvest platform page.

Lonvest does not let you choose individual loans. You choose a country and a term — 30 days, 3 months, 6 months or 1 year — and an amount, and Lonvest places the money in claims from that country's lender. At the end of the term you get your money back with interest, or, if you switch on reinvest, the platform starts a new investment with the same amount and term.

What you actually own

Under Lonvest's terms (last updated 8 June 2023), you buy claims against borrowers assigned to you by the loan originator. You are a creditor of consumer borrowers in Mexico, Malaysia or elsewhere, with the originator collecting on your behalf. In practice, your repayment depends on that originator passing the money through, and on its buyback if a borrower is late.

How Lonvest earns money

Lonvest's fee page says the platform is paid by commissions from the lending companies. Because those companies belong to the same owner, this is money moving inside one group. Its About page describes the model plainly: the group raises money from investors, issues loans, and lives on the difference.

The contracting company is Lonvest Platform d.o.o., OIB 90170011816, at Lovinčićeva ulica 3 in Zagreb, registered in 2023. The Croatian registry data published through Fina InfoBiz and Fininfo shows:

• Sole member: Roman Katerynchyk.
• Director: Nataliya Holyak, who is also listed as CFO of Lonvest and of SpaceCrew Finance.
• Share capital: €2,500.
• Registered activity: NACE 70200, business and management consultancy — not a financial activity.
• Employees: 0 in 2025, measured by hours worked.
• 2025 result: revenue €120,371, down 29.2% on 2024; net profit €3,183. The company is classed as a micro-enterprise.

Lonvest's About page names Katerynchyk as CEO, Kate Devyatkina as COO and Alex Prokopiev as CTO. Those people work for the wider group, not for the Croatian company.

The group behind it

SpaceCrew Finance describes itself as a lender founded in Ukraine in 2016, with offices in Kharkiv and Kyiv, and brands including MyCredit and Monto (Ukraine), OnCredit (Sri Lanka), Amanah Kredit (Malaysia) and Clicredito (Mexico). It says it received a $3 million investment from TAS Group in 2019.

Independent coverage (re:think P2P, updated 14 August 2026) describes the parent as a Singapore holding owned 80% by Katerynchyk and 20% by T.A.S. Overseas Investments. We could not confirm those percentages from a public register. The Singapore company Space Crew Asia Pte. Ltd. (UEN 202000474Z, incorporated 3 January 2020, a holding company) shows 12 shareholders on record, but not their names or stakes.

Lonvest accepts individuals aged 18 or over and companies. The How it works page says investors must come from the EU or comparable anti-money-laundering jurisdictions.

1. 1Sign up with your email address and set a password; two-factor authentication is available.
2. 2Complete KYC verification with an identity document. Companies provide their legal name, registration number and jurisdiction-specific documents.
3. 3Deposit at least €50 by SEPA transfer from a bank account in your own name, including your investor ID in the payment details.
4. 4Choose a country and a term (30 days, 3 months, 6 months or 1 year) and decide whether to switch on reinvest.
5. 5Confirm the investment.

Before you deposit, note the €5,000 weekly withdrawal limit and the early-exit rule in the liquidity section. They matter more here than on most platforms.

Lonvest is simple to use: sign-up and an automated ID check take minutes, and investing comes down to three choices — a country, a term and an amount.

Signing up

The sign-up flow asks for an email address and password, your name, phone number and country, and a click on the activation link Lonvest emails you. Identity verification is run by Sumsub and is fully automated: you confirm your country of residence, photograph an identity document and take a selfie, and Lonvest says it should only take a few minutes. A passport, national ID card or driving licence is accepted, and the accepted-documents list also covers proof of address, such as a utility bill or bank statement from the last three months, so it helps to have one to hand.

Deposits

Funding is by euro bank transfer from an account in your name, with SEPA Instant as an option for money that arrives within hours rather than days. Remember to add your investor ID to the payment details so the transfer is matched to your account.

Investing

There is no loan list to work through and no auto-invest filters to tune. On the investment calculator you choose a country and a term, review the terms, decide whether to switch on reinvest, and press Invest. With reinvest on, each investment rolls into a new one of the same size and length at maturity, so the portfolio keeps running without further input.

Security, documents and support

• Two-factor authentication uses an authenticator app such as Google Authenticator or Authy, enabled under Settings; once on, it also confirms sensitive actions such as withdrawals and password resets.
• Tax statements can be generated in the dashboard for any date range.
• Support works Monday to Friday, 09:00–17:00 CET, and the site is available in English, German, Spanish and French.

The help centre is short — 25 articles — and covers sign-up, deposits, withdrawals and security step by step.

Deposits are by SEPA or SEPA Instant bank transfer in euros, from an account in your own name. The minimum deposit is €50. Lonvest says standard SEPA transfers usually arrive in 1–3 business days and SEPA Instant within a few hours. Lonvest does not say which bank or payment provider holds the money; its terms say only that funds are held in a Lonvest Account “separate from Lonvest's own funds”, and that the account is not a savings account and is not covered by any insurance.

Withdrawals go to the bank account you deposited from. The minimum is €50, processing takes 2–3 business days plus up to three more for the bank, and there is a weekly limit of €5,000 per account. For a €30,000 balance, that means at least six weeks to take everything out, even after all loans have repaid.

Lonvest's fee page states that withdrawals are free. Its withdrawal article refers to platform fees without naming any; we treat withdrawals as free but suggest checking the fee page before a large withdrawal.

Lonvest advertises up to 15%. On 21 September 2026 the highest rate on the homepage was 12.5% for Clicredito Mexico; SpaceCrew Singapore and the Malaysian lender showed up to 11%. The loyalty programme adds 0.5% above €10,000, 0.75% above €25,000 and 1% above €50,000 after 90 days. So the 15% is the ceiling of a range, not the typical rate.

Lonvest does not publish realised returns. Its statistics page was last updated on 6 December 2023, covering March to November 2023, with a 13.54% average interest rate on loans then available. The homepage shows a figure of 1,615,179 EUR labelled as an average annual investment return, which cannot be a return and which we have not used.

Independent evidence is thin. One investor-run blog, just-p2p, reported a 10.85% average annual return in its June 2026 update. That is one reviewer's figure, not an audited platform number, but it is several points below the headline.

The gap has ordinary causes: rates vary by country and term, cash waits between terms, and the loyalty bonus only reaches larger accounts. A 12.5% rate on short-term consumer loans in Mexico is a price for the risk of lending there, not income you can count on. Our risks page explains why.

Lonvest's fee page lists no charges for depositing, investing, withdrawing, account servicing or support. The platform earns commissions from the lending companies.

Two costs are not labelled as fees but work like them:

• Early exit: if you take money out before the end of a term, you get your principal back without any accrued interest. Leaving a 12-month investment after six months means six months of interest lost.
• Service fee clause: the terms allow Lonvest to charge a service fee from your account balance and allow originators to charge assignment fees. We found no current fee under these clauses, but the terms permit them.

The weekly €5,000 withdrawal cap is not a fee either, but it has a cost: money waiting to leave earns nothing.

Lonvest has no secondary market between investors. There are two ways out:

1. 1Wait for the term to end and switch off reinvest. With terms from 30 days to 12 months, this is the normal exit and costs nothing.
2. 2Exit early. Lonvest will return your principal before the end of the term, but you lose all interest for that period. The terms describe this as selling the claim back to the originator, in full and with its consent.

The short terms are a real strength: money in 30-day or 3-month investments comes back quickly. The early-exit route also means you are not locked in as you would be with a long loan and no buyer.

The weakness is the €5,000 weekly withdrawal limit. It applies to cash that is already free, so a larger account cannot leave quickly even when every loan has repaid. If the group ran into trouble and many investors wanted out at once, the cap would slow everyone down — which is presumably part of its purpose.

Lonvest offers two protections, both from the SpaceCrew Finance group.

Buyback

Lonvest's help centre, its Security page and its terms all state that the originator must repurchase a loan if the borrower is more than 60 days late. The terms add other triggers, including borrower insolvency and changes to loan terms. One independent review gives 90 days; Lonvest's own documents say 60.

Group guarantee

If an originator becomes insolvent, “other companies within the Space Crew Finance Group will cover all liabilities of the affected company”. Lonvest says both protections may be affected by force majeure.

How strong is that?

On a platform with independent lenders, a group guarantee adds a second counterparty. On Lonvest it does not. The originator giving the buyback, the companies giving the guarantee and the owner of the platform are all the same group. Spreading money across Mexico, Malaysia and Singapore spreads borrower risk, but not the risk that matters most: SpaceCrew Finance itself.

The guarantee agreements are not published, and neither are the group's accounts, so the strength of either promise cannot be checked from outside. None of this is a bank deposit, and no deposit guarantee or investor compensation scheme applies.

Lonvest is not licensed or supervised. Lonvest Platform d.o.o. is registered as a management consultancy, and neither its website nor its terms mention any licence or supervisor. It is not a crowdfunding service provider under the EU Crowdfunding Regulation: the list of ECSPR-licensed providers taken from ESMA's register in January 2026 contained no Croatian provider at all. Croatia's financial supervisor is HANFA, and nothing on Lonvest's site claims HANFA oversight. Its FAQ asks “Is the platform regulated and supervised by any financial authority?”, but the answer did not load for us.

In practice that means:

• no regulator checks capital, conduct or how client money is kept;
• no investor compensation scheme covers a platform failure;
• no standard key investment information sheet;
• your only protection is the contract, under Croatian law, with a company that has €2,500 of share capital.

These are not bank deposits. Compare this with Mintos, a supervised investment firm, or with PeerBerry, which is also unlicensed but has a much longer public record.

The platform company

Lonvest Platform d.o.o. files the short-form accounts required of a Croatian micro-company. For 2025 it reported €120,371 of revenue and €3,183 of net profit. It has no employees and €2,500 of share capital. It is a thin legal shell for a platform run by group staff.

The lenders and the group

Lonvest's About page says: “Each company is audited and regularly publishes its reports on the platform.” We found no such reports. The originators page on 21 September 2026 showed a Mexican lender with outstanding investments, loans originated and portfolio all marked as pending. Independent reviews updated in 2026 (re:think P2P, P2P Empire, just-p2p) also report that no financial statements are published. Until Lonvest publishes them, the audit claim cannot be checked.

Track record

Lonvest launched in March 2023, according to its first statistics period. The independent reviews we checked report no missed repayments or buyback failures to date. P2P Empire (updated 20 August 2026) reports about €2.23 million outstanding with no non-performing loans, about 850 investors, and two earlier events: lending in Vietnam stopped in the first quarter of 2024 after regulatory changes, and top-ups for one lender were suspended in July 2025.

just-p2p (updated 16 July 2026) reported that investments in Clicredito, Mexico, were suspended in June 2026. Lonvest's own homepage still listed Clicredito at up to 12.5% on 21 September 2026, and we could not read Lonvest's blog to confirm either way. Three and a half years without a missed payment is a short record for a group lending in several emerging markets.

1. 1One counterparty. SpaceCrew Finance issues every loan, gives every buyback and gives the group guarantee, and its founder owns the platform. If the group fails, all three fail together.
2. 2No verifiable financials. No accounts for the lenders or the group are published, despite the claim that they are audited.
3. 3Tiny, unlicensed platform company. €2,500 of share capital, no employees, no supervisor and no compensation scheme.
4. 4Exit limits. €5,000 a week in withdrawals, and early exit costs all accrued interest.
5. 5Country risk. Consumer lending in Mexico, Malaysia and other emerging markets is exposed to rate caps, licensing changes and currency moves; the group has already left Vietnam.
6. 6Thin disclosure. Public statistics were last updated in December 2023; the lender status shown on the homepage may not match what is investable.

These are not bank deposits. Size any position so that losing it entirely would be a nuisance, not a setback.

This is general information, not tax advice.

Lonvest provides a tax statement in the investor dashboard for any date range you choose. We found no mention of withholding tax in Lonvest's help centre or terms, so interest appears to be paid gross; check the tax statement to confirm.

In most European countries, interest from loan claims is taxable income that you declare yourself in your country of tax residence. How losses, loyalty bonuses and forfeited interest on early exit are treated differs from country to country. Speak to a tax adviser where you live before filing.