Comparison
8lends vs Indemo: Which Fits Your Portfolio in 2026?
Both 8lends and Indemo target 15% or higher returns and launched since 2022, but Indemo trades a Latvian MiFID II licence and discounted mortgage-note structure against 8lends' real-world-asset-backed tokens and USDC settlement. Neither offers a secondary market. Capital at risk in both cases.
In short: 8lends or Indemo? The choice turns on whether you prioritise a traditional MiFID II licence (Indemo) or blockchain settlement and RWA collateral (8lends), both at comparable yield and similar illiquidity. Neither platform has a secondary market; both are young entrants to the European P2P lending space.
Side-by-side comparison
| Factor | 8lends | Indemo |
|---|---|---|
| Headquarters | Zug/Zurich area, Switzerland (Maclear AG) | Riga, Latvia |
| Since | ~2023-2024 | 2022 |
| Regulator / licence | None in own name; parent under Swiss AML SRO (PolyReg) | Latvijas Banka, MiFID II |
| Loan types | RWA-backed (real estate, green energy, invoice factoring) | NPL, mortgage notes |
| Buyback guarantee | Yes, self-issued by 8lends | No |
| Secondary market | No | No |
| Minimum investment | ~100 USDC | EUR 10 |
| Target return | 18-25% APR | ~15.1% |
Where 8lends wins
Stronger points
- Higher target yield: 18-25% APR range versus Indemo's ~15.1%, though both figures represent target, not guaranteed, returns
- Self-issued buyback guarantee: 8lends commits to repurchase defaulted loans (self-backed, not third-party insurance), while Indemo offers no buyback at all
- Blockchain settlement and transparency: all transactions settle in USDC on Base, with CertiK and Cyberscope smart-contract audits publicly available
- Real-world-asset collateral structure: loans backed by physical real estate, energy projects and invoices, tokenised on-chain
Where Indemo wins
Stronger points
- MiFID II licence from Latvijas Banka: Indemo operates under full EU investment-firm supervision, while 8lends itself holds no licence and its parent Maclear AG has only a Swiss AML SRO membership (PolyReg), not a prudential licence
- Lower minimum investment: EUR 10 versus 8lends' ~100 USDC (~EUR 90-100 equivalent), making fractional diversification easier
- Discounted mortgage-note model: Indemo purchases non-performing loans at a discount and recovers value through collection or sale, a different risk-return profile from 8lends' performing-loan model
- Traditional fiat settlement: euro-denominated, avoiding stablecoin or blockchain exposure for investors who prefer conventional bank transfers
Bottom line
The 8lends vs Indemo trade-off centres on regulatory structure and settlement method at comparable illiquidity and yield. Indemo offers a MiFID II licence and traditional fiat settlement at ~15.1% target returns, backed by discounted NPL recovery. 8lends targets 18-25% APR with RWA collateral and a self-issued buyback, settling in USDC on Base, but operates without an EU licence or full Swiss prudential authorisation in its own name. Neither platform has a secondary market, so early exit depends on loan maturity or, in 8lends' case, buyback execution. Both platforms launched recently (2022+) and carry a risk of partial or total loss of invested capital. Verify current licence status, collateral details and fee structures directly with each platform before committing funds, and consider splitting exposure between both if your portfolio tolerates blockchain settlement alongside traditional P2P structures.
Risk reminder: Both 8lends and Indemo are high-yield, illiquid platforms with short track records. Indemo's MiFID II licence does not eliminate credit risk or guarantee returns. 8lends' buyback is self-issued, not third-party insurance, and depends on the platform's own solvency. Neither platform is covered by an EU deposit-guarantee scheme. Diversify across multiple platforms and asset types, and invest only capital you can afford to lose.
Try 8lendsNot sponsored
Real-world-asset-backed DeFi lending, 18-25% APR target, USDC settlement on Base. Self-issued buyback, no secondary market. Capital at risk.
Open 8lends AccountNext steps: Read the full 8lends safety review (Due Diligence Index 51/100) or compare 8lends against Mintos, the largest EU marketplace, for an alternative high-liquidity option.