Personal loans

  • Up to 20.000€
  • From one to ten years
  • No guarantees

Ease of use

  • Fast and easy application
  • Loan decision in minutes
  • Full control

Flexibility

  • Payment insurance option
  • Payment holiday option
  • Refinancing option

Peer to Peer Loan

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​Fixed rate

Fixed interest rate throughout the loan period

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Personalised

Creditworthy borrowers can borrow with lower rates due to the auction-based pricing

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Easy and fast

Online service makes borrowing easy and fast and you get the loan within the same day

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Insurance

Finnish borrowers may insure their loans with Payment Protection Insurance

From perspective of borrowers

The oldest way to borrow money is here again. We have just made it modern and easy for everyone. Peer-to-peer loan is a simple way to borrow money – the auction-based pricing guarantees you the best offer for your application. Thus Fellow Finance does not determine the interest rate of your loan. It is done by the investors in the platform. The best offers win. After the bidding is done, you will receive your loan offer and you can decide whether you accept or reject the offer. If you decide to accept, you will have the money quickly on your account. Your loan contract will be between you and the investors who won the bidding auction of your application. The loan contract is legally binding document of the contractual relationship between you and the investors who have lent money to you. Peer-to-peer loan is a loan from one individual to another without traditional intermediaries.

Fellow Finance does all the loan administration for lenders and borrowers and anonymity between the lenders and borrowers is guaranteed. You will pay monthly instalments to Fellow Finance and we account the repayments to the investors. Fellow Finance is a platform that brings together people who need financing with those who have some spare. An user friendly online service with simple and streamlined application process without extra bureaucracy has made peer-to-peer borrowing a popular alternative to borrow. A transparent auction-based pricing mechanism guarantees you the best offers. Digitalization is changing financial services rapidly and peer-to-peer lending and borrowing is in the forefront of this change.

At the moment, the marketplace is open for Finnish, German and Polish consumers and they can operate on the country-specific websites