Nectaro Review 2026: A Real Licence, One Lending Group Behind It

Nectaro is an online investment platform run by SIA Nectaro, a Riga company that holds an investment firm licence from Latvijas Banka. Investors buy Notes — debt instruments whose payments are linked to pools of loans — and the loans all come from lending companies in the Dyninno group, the privately owned travel, entertainment and finance-technology group that owns Nectaro.

The company is not new, even if the brand is. SIA Nectaro was registered on 30 August 2016 and previously operated the DoFinance investment platform. It received its licence on 29 March 2023, and its 2025 annual report dates the regulated Nectaro platform to October 2023. At the end of 2025 it had about 10,000 registered investors and €19.5 million invested on the platform.

The short version: Nectaro offers a proper regulated wrapper around a single-group credit bet. How we weigh those two things is explained in our methodology; the live figures are on the Nectaro platform page.

Nectaro's terms describe Notes as "debt financial instruments which are issued by the Issuer in different series, with each series being backed and linked to the underlying loans". The issuers are special-purpose subsidiaries of Nectaro — SIA Nectaro Alpha, SIA Nectaro Bravo and SIA Nectaro Charlie — and each programme runs under a base prospectus approved by Latvijas Banka.

The chain of money

The key information document for the EcoFinance notes describes the chain: Dyninno Fintech Holding Limited, the parent, lends to EcoFinance IFN SA, which lends to consumers; the issuer buys the resulting loan receivables and passes repayments to note holders. For the Abele Finance programme, SIA Abele Finance (a Latvian non-bank lender incorporated in June 2024) lends to other group companies, and the Nectaro Charlie prospectus states that it lends exclusively to group companies in Cyprus, Moldova, Romania and other EU countries.

What you actually own

You own a Note issued by a Nectaro special-purpose company — not the loan agreement and not a claim on Nectaro's own balance sheet. Your payments depend on the borrowers, then on the lending company, then on the issuer passing money through. The key information document is blunt: "If the Loan Originator is unable to pay out, you may lose some or all of your investment." It rates the product 5 out of 7 on the EU risk scale, "a medium-high risk class".

SIA Nectaro is 100% owned by Dyninno Fintech Holding Limited, a Cyprus holding company. Nectaro describes the wider Dyninno group as founded in 2004 in San Francisco, with about 5,400 staff in more than 50 countries. The Nectaro Charlie prospectus names Alex Weinstein as the ultimate beneficial owner.

The 2025 annual report lists the management board as Dmitrijs Cimbers (chairman since April 2023, described on the website as founder), Sigita Kotlere (CEO) and Igors Petrovs (since May 2025). Anna Berezovska left the board in April 2025. The company averaged 17 employees in 2025.

Related parties, all the way through

This is the most important fact about Nectaro. Every lending company on the platform is a Dyninno company, and so are many of the final borrowers:

• EcoFinance / CreditPrime — consumer credit lines in Romania and Moldova.
• Abele Finance SIA — business loans to other Dyninno companies. Nectaro's own announcements name group financial companies in Moldova and Romania, and Dynatech SIA (Dyninno Technologies), with a guarantee from Skylux Travel.

The annual report confirms it in two numbers. Of the €19.5 million portfolio at the end of 2025, €12.94 million was classed as Latvia — the Abele Finance programme — with €5.08 million in Moldova and €1.48 million in Romania. And Nectaro's entire 2025 fee and commission income of €367,938 came from three related parties. The prospectus itself acknowledges the conflict of interest: the parent is both a shareholder and a borrower, and the same people take decisions at the lender and the borrowers.

We previously linked Nectaro to DelfinGroup. That was wrong, and we have corrected it.

Nectaro's terms require investors to be at least 18 and to pass identity and due-diligence checks. The platform only works in euro.

1. 1Register with your email address and create a password.
2. 2Verify your identity with an ID document; Nectaro may ask for more information under its anti-money-laundering programme.
3. 3Enter your tax residence. EU/EEA private investors who confirm their details and select "investing as a private person" get the 5% withholding rate.
4. 4Transfer euros to your Nectaro cash account. The price list shows no deposit fee.
5. 5Invest manually in a series of Notes (from €50) or set up Auto-Invest.

Before you deposit, read the key information document and the final terms for the series you buy. They name the lending company, the maturity and what happens if payments stop — the marketing pages do not.

Getting started on Nectaro is straightforward: you need a passport or national ID card and a European bank account, the platform charges no fees, and Auto-Invest can run several strategies side by side.

Signing up

Nectaro's start guide has four stages: check that you are eligible, verify your identity, deposit from a European bank account, and invest. For verification Nectaro accepts a passport or a national identity card. It does not accept driving licences, residence permits or older paper ID cards without electronic security features, such as Greek and Italian ones, so have a modern ID card or passport ready.

Deposits

You fund the account by euro bank transfer from your own account or through a third-party payment service, putting your investor ID in the payment details. Nectaro says the money should be credited within one to three business days.

Setting up Auto-Invest

Auto-Invest works with a short list of rules:

• the countries where the loans are issued
• a minimum and maximum term
• the lowest interest rate you will accept
• a target amount for the strategy, from €50

You can run up to five strategies at once and rank them; each day the system checks for matching Notes and, if the top strategy has nothing to buy, moves on to the next. Smart-Reinvest can put returned principal straight back into the same Note, and manual buying remains open alongside.

Dashboard and security

The overview page breaks your account down into pending payments, interest and rewards before tax, taxes withheld and total earnings, so the effect of the withholding tax is visible at a glance. Two-factor authentication with an authenticator app such as Google Authenticator or Authy can be switched on in your profile. Support is by email, and the help centre covers getting started, money, investments, Auto-Invest and taxes.

Nectaro offers two ways in:

• Manual investing in individual series of Notes. The minimum is €50 per series; if less than €50 is left in a series, you can take the remainder. There is no stated maximum.
• Auto-Invest, which Nectaro describes as an automated feature that invests "based on a strategy they define". The invest page shows 10–14% annual interest for both routes.

Nectaro also runs Smart-Reinvest, which puts principal returned from a series back into the same series. That keeps money working but also keeps it concentrated in the same lending company.

The lending-company page shows two EcoFinance consumer products under the CreditPrime brand — credit lines of up to two and up to five years — while Abele Finance loans to group companies run for 3–24 months with fixed rates and monthly interest, according to Nectaro's announcement.

Nectaro's homepage advertises "up to 14% passive income through loans", and the invest page shows a range of 10–14%. The statistics page shows an average interest rate of 13.04% and €1,749,981 in total investor earnings. It also shows 0.0% investor losses.

Those are gross interest figures on a young portfolio that has not yet been through a credit downturn. A 13% rate on consumer credit in Romania and Moldova and on intra-group business loans is a price for risk, not a sign that the risk is low. The key information document's own scenarios run from 13% in a favourable case to 8% in a moderate one and 0% in an unfavourable one.

The zero-loss figure is real so far, but it reflects the buyback: late loans are repurchased by the group lenders, so losses only reach investors if a lender cannot pay. What you actually keep is also reduced by withholding tax on interest (see the tax section) and by any cash left uninvested.

Nectaro's published price list shows no investor fees: registration, deposits, investing, withdrawals, account servicing, statements, inactive accounts and account closure are all listed as free. Nectaro says it earns commission from the lending companies when they raise money through the platform.

Two caveats. First, the terms and conditions still allow a price list fee and monthly fees after six months of inactivity, even though the current price list sets these at zero — check the price list before you invest. Second, "no fees" does not mean no cost: the lending companies pay Nectaro, and because they are group companies, that payment is a transfer within the same group rather than an arm's-length charge.

For how these fees compare with the other licensed platforms we rate highest, see our P2P lending fees comparison.

Uninvested cash can be withdrawn free of charge; the terms say withdrawal orders are carried out within five business days.

Money inside Notes is a different matter. Nectaro has no secondary market. The terms allow Notes to be transferred to another registered investor, and only through the platform, and the key information document says you "may sell the investment only if you find a purchaser who is already or who must become a user of Nectaro platform", probably at a discount. The Nectaro Charlie prospectus states that there is no active market for the Notes and that they are not admitted to any trading venue.

In practice, plan to hold each series to maturity. Terms vary by series, and the prospectus allows maturities to be extended or postponed.

Nectaro calls its buyback an early repayment obligation. According to its FAQ, if a payment is delayed for up to 60 days, "the lending company will repurchase your investment" on the 61st day. For the Abele Finance programme, the prospectus sets the repurchase price at outstanding principal plus accrued interest.

The obligation is only as strong as the company giving it, and here every company giving it belongs to the Dyninno group. Nectaro has also announced that Dyninno Fintech Holding Limited "irrevocably guarantees all present and future payment and performance obligations of Abele Finance towards Nectaro", capped at Abele's issued loan portfolio and payable within 60 days of a request. That adds a second promise, but from the parent that also borrows from Abele Finance. It does not add an independent third party.

This is the structural difference from a multi-lender marketplace such as Mintos: there, one lending company failing hits part of a diversified portfolio. On Nectaro, a serious problem at group level would hit the lender, the guarantor and the borrowers at once.

The homepage badge reads "IBF license Nr 27-55/2023/3". IBF stands for investment brokerage firm — the English rendering of the Latvian ieguldījumu brokeru sabiedrība, which is how Latvian law names a MiFID investment firm. Latvijas Banka's register lists SIA Nectaro under licence No. 27-55/2023/3, issued on 29 March 2023, for:

• execution of orders on behalf of clients;
• portfolio management;
• placing of financial instruments without a firm commitment;
• as an ancillary service, safekeeping and administration of financial instruments for clients.

The register also lists cross-border notifications for several EU states, including Germany, Austria, Spain, Italy and the Netherlands. This is an investment firm licence, not a crowdfunding licence and not a banking licence.

What the compensation scheme covers

Nectaro is a member of the Latvian investor compensation scheme under Directive 97/9/EC. If Nectaro itself cannot meet its obligations, investors can claim 90% of the value of irrevocably lost Notes, up to €20,000, by applying to Latvijas Banka within one year of learning of the failure. Nectaro's own page states that it "does not apply to losses caused by changes in financial instrument prices or illiquidity". It does not cover a lending company or a group borrower failing to pay. These are not bank deposits and no deposit guarantee applies.

The licence also requires Nectaro to keep client instruments and uninvested cash separate from its own assets, and to meet capital requirements: its capital adequacy ratio was 125% at the end of 2025.

Nectaro publishes audited annual reports. The 2025 accounts were audited by SIA BDO Assurance, which gave an unqualified opinion on 27 March 2026. The figures:

• Fee and commission income: €367,938 (2024: €72,457).
• Net loss: €1,425,061 (2024: €987,345).
• Equity: €507,403 at 31 December 2025.
• Share capital: raised by €1.96 million during 2025 to €3.27 million, then to €3.62 million after year-end, all from the parent.

Income is growing quickly, but the platform is losing money and survives on repeated capital from Dyninno Fintech Holding. That is normal for a young platform, and the annual report states that the company can meet its obligations. It also means that the parent's willingness to keep funding Nectaro matters as much as the licence.

Note what the audit covers: Nectaro SIA. The lending companies and the parent publish no accounts on Nectaro's site that we could find, and the issuing subsidiaries' figures in the report are unaudited. The Dyninno group is privately owned, so there are no listed-company disclosures to fall back on.

We found no reported defaults, suspended lenders or regulatory actions involving Nectaro. The 2025 annual report states that no significant risk events were identified during the year, and the statistics page shows 0.0% investor losses.

Nectaro's investor overview separates delayed loans into 1–15, 16–30 and 31–61 days, and shows pending payments — money a lending company has reported as received from borrowers but not yet transferred. Watch that figure: a steady rise in pending payments is often the first visible sign that a lender is short of cash.

A clean record after under three years of regulated operation, with every loan backed by a group buyback, tells you little about how the portfolio would behave if the group ran into trouble.

1. 1Single-group concentration. The lenders, the guarantor and many of the borrowers belong to one privately owned group. There is no diversification between lending companies on Nectaro.
2. 2Related-party lending. About two-thirds of the book at end-2025 was the Abele Finance programme, which lends only to group companies. The prospectus names the conflict of interest itself.
3. 3Platform losses. Nectaro lost €1.43 million in 2025 and depends on parent capital.
4. 4No exit. No secondary market; Notes are held to maturity unless you find a buyer yourself.
5. 5Country and consumer-credit risk. The consumer loans are in Romania and Moldova, where lending rules and economic conditions can change quickly.
6. 6Short history. The licensed platform has operated since late 2023 and has not been tested by a downturn.

These are not bank deposits. For a platform that spreads credit risk across many unrelated lenders, compare Nectaro vs Mintos; for another single-group model, see Nectaro vs Twino. Our risks page explains the general mechanics.

This is general information, not tax advice. How interest from Nectaro is taxed depends on your country of tax residence.

Nectaro withholds Latvian tax on interest paid to private investors. According to its FAQ:

• EU/EEA tax residents (excluding Latvia) get a 5% rate after confirming their tax details in the account and selecting "investing as a private person"; no certificate is needed.
• Lithuanian residents can get 0% with a tax residence certificate.
• Latvian residents pay the domestic rate.

In most countries you still declare the interest at home and may be able to credit the Latvian tax withheld. Rules on credits and on any losses differ by country, so check with a tax adviser where you live.