Crowdpear Review

Crowdpear is the regulated property arm of the team behind PeerBerry: from €100, investors fund property-backed business loans and receive quarterly interest in return. P2P-Investments.de rates Crowdpear B (7.0/10) - above average for our field. The reasons: a genuine EU licence, audited and profitable financials, and first-ranking mortgages as security. What caps the grade is the short track record - the platform has only been on the market since January 2023 and has not lived through a real downturn. How we arrive at this assessment is set out in our rating methodology.

What is Crowdpear and who is the platform for?

Crowdpear is a Lithuanian crowdfunding platform for property-backed business loans: companies finance construction and bridge projects through the platform, and the borrowed sum is secured by a first-ranking mortgage on the underlying property. You invest from €100 per project, interest averages around 10.6% and is paid quarterly. A secondary market for early exit is available, but there is no auto-invest - you pick every investment yourself.

The platform is mainly interesting for investors who want to add secured property loans from a regulated platform and value audited financials. Anyone looking for broad, automated diversification across hundreds of loans is less well served here: the supply is deliberately curated and at times scarce.

How does Crowdpear work?

Crowdpear does not issue its own loans, nor does it work with a broad network of external loan originators like a classic marketplace. Instead, the platform vets individual property projects, lists them, and pools the capital of many investors into a single loan to the project developer. Legally you acquire an assigned claim from that loan - not a direct loan and not co-ownership of the property. As an ECSP provider, Crowdpear must hold investor money separately from its own operating assets; the investment is not, however, covered by deposit insurance.

The decisive difference from many Baltic P2P platforms: there is no buyback guarantee. Under Lithuanian ECSP supervision such "guarantees" are not permitted, because they suggest a level of safety that in fact hinges on the solvency of a single guarantor. In their place stands a first-ranking mortgage on the financed property: if a loan defaults, the security is realised and the proceeds flow to investors first. The average loan-to-value is around 58% according to the platform, and new loans go up to a maximum of 80% LTV - so there is an equity buffer from the borrower between the loan and any drop in the property's value. First-ranking means that in a recovery, Crowdpear investors are paid from the proceeds ahead of junior creditors - a real advantage over unsecured consumer loans. The catch remains: realisation takes time, and how much a Lithuanian project property is really worth in a downturn has not yet had to be proven for lack of a crisis.

The second distinctive feature is its origin: Crowdpear comes out of the PeerBerry and Aventus-group orbit, but was set up as a separate, ECSP-licensed company. That brings an experienced team - but also creates a concentration risk we return to below.

What kind of loans does Crowdpear have?

The platform lists almost exclusively property projects in Lithuania - predominantly construction and development finance plus bridge loans to smaller project developers, averaging around €93,000 per loan. Terms are mostly 12 to 18 months with a bullet repayment, and interest is paid quarterly. Every project is secured by a first-ranking mortgage, and the terms (interest, LTV, maturity, property) are shown transparently in the project data sheet before you invest.

A typical offer looks like this: a residential or commercial build in or around Vilnius, a term of 12 to 18 months, interest in the region of 10 to 12%, secured by a first-ranking mortgage on the land and the structure, with a loan-to-value usually below 70%. Anyone who subscribes to a project ties their capital specifically to a single, named property - unlike a pool model that blends many loans together. That increases control, but it also means you have to spread across several projects yourself.

One point many users mention: the loan supply is limited. Because Crowdpear vets each project individually and curates deliberately, good projects are often fully funded quickly - fresh capital then sits uninvested on your account for a while (cash drag). Building broad diversification across many loans takes more patience here than on a large marketplace.

How we rate Crowdpear

Crowdpear scores highest on transparency and most cautiously on track record - no contradiction, but the state of a still-young yet cleanly run platform. In detail (as of July 2026):

Security & regulation (7/10). UAB Crowdpear holds an ECSP licence verifiable in the Bank of Lithuania register (company code 305888586, granted July 2023). The loans are secured by first-ranking mortgages on Lithuanian property, with an average loan-to-value of around 58%. Investor funds are held separately. What holds the score back: there is no buyback guarantee, the project developers' own stake is not disclosed in figures, and the value of the collateral has not been tested in a real property downturn.

Transparency (8/10). This is the clear strength. Crowdpear publishes audited financial statements - something many Baltic P2P platforms lack - and reports volume, average return, LTV, recovery rate and the default rate per vintage on a public statistics page. Owners and management are known by name, and the fee model is clear. The public dashboard even breaks the whole loan book down by status - of the €50.8 million funded so far, around 58% is already repaid and just 0.57% is late, with a further 4.52% in active recovery. What is missing for a top mark is mainly the depth of detail per project and simply more history.

Track record & stability (6/10). Crowdpear has been active with investor money since January 2023 - around three and a half years, €50.8 million funded cumulatively, just over 11,000 investors. The operating company was profitable early on (2024 audited net profit €152,126), and no investor has lost capital so far; even the weaker 2023 vintage (8% default rate) was absorbed by realising the collateral. That is a solid start - but a start. A full cycle as a stress test is still to come.

Return & terms (7/10). The realised average return of 10.6% is appropriate on a risk-adjusted basis for first-ranking mortgage-secured property loans - no conspicuous high yield that would be a warning sign. The advertised "up to 14%" marks the top end of individual projects, not the average. The primary market is free of charge; noticeable are the 15% Lithuanian withholding tax (generally creditable in Germany) and the periodic cash drag. How return and risk relate in P2P is put in context by our knowledge article returns and risks of P2P loans.

Investor-friendliness & liquidity (6/10). The low minimum of €100 and an available secondary market (2% selling fee) speak for the platform. Working against it are the absence of auto-invest - every investment is manual - the largely English-only interface, and the periodically scarce loan supply that makes broad diversification harder.

Data quality and open questions

The biggest open question about Crowdpear is not the regulation or the numbers - those are well documented - but the practical test of its security model in a real property downturn. In total, 16 of 25 assessment questions could be answered from robust sources (supervisory register, audited statements, platform statistics), data quality: medium. Besides the outstanding downturn test, the project developers' stated own stake and the depth of default and recovery data per project remain open. We will revisit these points at the next update.

Crowdpear experiences from the P2P community

Crowdpear is a smaller, still-young platform - the echo in the forums is correspondingly modest, but present. On P2P Dash, around 80 investors link their real portfolios; the median net return (XIRR) tracked across 62 evaluated portfolios sits at about 11.9%, even above the 10.6% average the platform reports. The reported median cash drag of around 3.3% matches what investors describe as scarce supply.

Three things are praised above all: the clear regulation including audited statements, the smooth repayment including successful realisation on the few problem loans, and the simple, tidy interface. Criticised regularly are the limited project supply (and hence the cash drag), the missing auto-invest, and the Lithuanian withholding tax that eats into net returns.

On balance, the community paints the same picture as our analysis: a soundly run, transparent platform with solid returns, whose biggest everyday weakness is the scarce supply - and whose biggest open question remains the still-outstanding practical test in a downturn. Individual experience reports, however, are no proof of reliable returns and replace neither broad diversification nor your own checks.

Who is Crowdpear for?

Crowdpear suits investors who want to add secured property loans from a regulated platform on purpose and appreciate audited financials. Anyone willing to pick projects themselves and live with a periodically scarce supply gets a regulated, well-documented offering with real collateral here. The platform is less suited to beginners looking for automated all-round diversification via auto-invest, or to investors who want to deploy a lot of capital quickly.

Two things are worth seeing realistically. First, the short history: the record so far is clean, but a real property downturn as a stress test is still to come - so better to start small and build the position over time. Second, the close tie to PeerBerry and Aventus: putting money into both platforms diversifies less than the two brand names suggest. P2P remains a risk investment - invest only capital whose loss you can absorb, and spread it across several providers. What that looks like in practice is shown in our knowledge article on diversifying P2P loans; the basics are explained in P2P lending basics.

If you are looking for a regulated, secured property allocation, you can try Crowdpear via the investment link with a small amount first and check the offering yourself before committing more capital. Through P2P-Investments.de there is a €20 bonus for your first investment of €300 or more within 30 days. How the platform fits into the wider market is shown in the platform overview.