Review of Monefit Smartsaver

Top 3 Liquidity
Top 2: Safety
Updated | October 2026
Profitability
Up to 10,52%
Type
P2P Private Individuals
Risk
(6.5/10)
Medium
Liquidity
Total
Regulated
No
Country
Estonia

InvantAPPs score

0/100
  • Excellent
Visit Monefit Smartsaver

Breakdown by Category

Detailed scores for each area assessed

&nbsp0/20&nbsp
Significance within its sector
&nbsp0/10&nbsp
Ease of use and mobile app
&nbsp0/10&nbsp
Compound interest payable
&nbsp0/10&nbsp
Welcome bonus and referral bonus
&nbsp0/10&nbsp
Tax-friendly
&nbsp0/10&nbsp
Investment liquidity
&nbsp0/30&nbsp
Returns and fees

Features

Minimum investment:
10,00 €
Regulation:
Unlicensed
Withdrawal fee:
Free | 1% – collection by card
Payment methods:
Instantaneous · SEPA · Card
Type of investor:
Private individual/Business
Suitability test:
Yes
Geographical exclusions:
Geographical exclusions: EEA and Swiss residents only

Platform statistics

Assets under management
80.000.000,00 €
Updated: July 2026
Portfolio health:
Surveillance
Loans per day: 76%
In recovery/recovery: 24%
31000
Investors

4

Years in active service
2022
Founded
Loans financed:
350.000.000,00 €
Average interest:
8.3%
Audited accounts:
Yes
Regulatory licence:
Unlicensed

InvantAPPs Portfolio

  • Active Investment
Total portfolio:
5.018,00 €

TIR:

9.80%
From:
March 2024
My current investment
View My Portfolio
Role in the portfolio:
Liquidity
Suggested allocation:
3
-10

%

Dedication:
Bass
Surveillance:
Long term
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Videos about Monefit Smartsaver

https://youtu.be/PVUPrn6T0BY
https://youtu.be/dy7BB2oe4q0
https://youtu.be/Qaz07wHIUE0
https://youtu.be/C17EbqHytUE
https://youtu.be/PuS8dpZsP3M
https://youtu.be/Mfu-WLp3JnY
https://youtu.be/7fkOZ2OR0ic
https://youtu.be/bda6obDFySA

Taxation

Withholding tax:
It does not retain
Tax-friendly:
Yes
Model 720:
No
Income Tax Category:
Share capital
Tax certificate:
Yes
Notes: Quite straightforward compared to other P2P platforms (no withholding tax, no multi-currency support, with a tax report), but it requires you to keep your own records.

Liquidity

Early exit:
No
Average loan term:
No Fixed Term | Vaults (12–24 months)
Time to settle:
Not available

Profitability

Stated return:
Up to 10,52%
Self-investment:
Yes
Payment frequency:
Daily

Regulation

  • Unregulated
Competent authority:
Not available

Guarantees and risk mitigation

A) Type of guarantee
Without security
▸In Monefit, loans are primarily unsecured personal loans; they are therefore not backed by mortgages or specific assets. Recovery depends on the borrower’s ability to pay and on Creditstar Group’s internal debt recovery processes.
B) Stress scenario
▸If Monefit closes, the recovery will depend on whether Creditstar Group continues to operate or is wound up, and on its loan portfolio. There is no guarantee fund or deposit protection for investors.
▸If there is widespread default, Creditstar Group’s ability to pay interest and repay capital to Monefit investors may be seriously affected. As there is no collateral or external buy-back, the risk of capital loss increases.
▸N/A
C) Additional guarantees
No
No
Yes
No
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InvantAPPs Summary

What is Monefit Smartsaver?

MONEFIT SMARTSAVER is an Estonian passive investment platform operated by Monefit Investments OÜ and backed 100% by the Creditstar Group financial group. The platform offers a return of 7.5% on its flexible account and up to 10.52% on its fixed-term products known as Vaults. It is specifically designed for retail and conservative investors seeking a liquid, automated and high-yield alternative to traditional savings accounts, whilst accepting the associated risk.

https://youtu.be/PVUPrn6T0BY

Monefit SmartSaver, founded in 2022 and managed by Monefit Investments OÜ, has established itself in the sector with over 30,000 investors and assets under management totalling 80 million euros as at June 2026. Its key differentiating feature lies in the extreme simplicity of its passive product, offering an interest rate of 7.5% on its flexible account and free instant withdrawals via SEPA with limits of up to 1,000 euros per month. However, at Invant APPs we urge technical caution: the capital is not covered by any bank deposit guarantee scheme, and the health of the ecosystem depends on a single originator (Creditstar Group), whose loan portfolio recorded a non-performing loan ratio of 24% as at June 2026. Furthermore, Creditstar has historically experienced liquidity strains and delays on other platforms in the sector, meaning that counterparty risk is very real and concentrated. We consider it a flexible option for generating returns on surplus liquidity, provided that exposure is limited within a diversified portfolio.

Key points

Passive, automated returns of 7.5% per annum on your flexible account, with daily interest payments and compound interest.
Instant access to up to 1,000 euros per calendar month, completely free of charge, via SEPA bank transfer.
Extreme concentration of risk, as 100% is entirely dependent on the performance and creditworthiness of a single originator, Creditstar Group.
High non-performing loan ratio in the underlying consumer loan portfolio, with a non-performing loan ratio of 24% as at June 2026.

Pros and cons

High flexibility regarding withdrawals, allowing immediate withdrawals of accumulated capital of up to 1,000 euros per month without any penalty.
Attractive returns of up to 10.52% APR if you choose to commit your capital to Vault-type deposits with terms of 12 to 24 months.
Passive and automatic investment in 100% from as little as 10 euros, ideal for an ‘autopilot’ strategy requiring no active management.
Financial backing from Creditstar Group, a holding company with a long track record whose financial statements are externally audited by KPMG.
There is no state-run deposit guarantee scheme (DGS) whatsoever, which means that both principal and interest are at risk of loss.
High risk of corporate counterpart due to the historical problems and payment delays that Creditstar has experienced on other marketplaces.
Contractual possibility for the platform to apply temporary restrictions and split withdrawal payments over periods of high stress.

Experience and social proof

Trustpilot

1,524 reviews
4.6/5
See Review

ScamAdviser

0%
Trust score: 100/100
View Analysis
Updated: July 2026

Social media activity

🟡 Not very active
  • Twitter / X
⚪ No profile
  • Telegram
Private
🟡 Not very active
🔵 Active
🔵 Active

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Frequently Asked Questions

Is MONEFIT SMARTSAVER safe?

MONEFIT SMARTSAVER does not offer a government deposit guarantee. Its security depends on the financial soundness of Creditstar Group (regulated in Estonia), which, as at June 2026, had its accounts audited but recorded a default rate of 24% in its underlying portfolio.

How much should I invest in MONEFIT SMARTSAVER?

We recommend investing only capital that you do not need as an emergency fund and limiting your exposure to a maximum of 10% of your crowdlending portfolio. As the investment relies on a single originator, there is no internal diversification.

How do I declare MONEFIT SMARTSAVER on my income tax return?

Interest earned is taxed in Spain as investment income within the savings tax bracket (between 19% and 28%). MONEFIT SMARTSAVER does not deduct tax at source, but provides a tax statement so that you can declare it yourself.

What happens if MONEFIT SMARTSAVER closes down?

If the platform ceases trading, your funds would be kept separate from its corporate accounts. However, as they are invested in loans from the Creditstar group, the final payout would depend on the liquidation plan and the recovery of the loan portfolio.

Does MONEFIT SMARTSAVER charge withdrawal fees?

Withdrawals to bank accounts via SEPA transfer are free of charge and incur no fees. A fee of 1% is only charged if you request a withdrawal directly to a bank card linked to your investor profile.

Contact and support

Email: info@monefit.com
Phone: 93 178 6000
  • High accessibility
They provide service in Spanish:
Yes
Live chat:
Yes
Telegram:
No
Rating:
4.2/5
Response time:
1–24 hours
Official FAQ:
See the FAQs

Corporate identity

Legal name:
Monefit Investments OÜ
Country of registration:
Estonia
Registration code:
11953111
Registered office:
Kai tn 4, Tallinn, Estonia
Work email:
info@monefit.com

Regulation and equipment

Licence type:
Unlicensed
Management team
Founder & CEO
Aaro Sosaar
Chief Product Officer
Kashyap Shah
Chief Financial Officer
Sven Silver
Verified profiles:
Yes
  • The information is taken from public sources and may not be up to date. Always check the official website.

About the author

Antonio Hernández – Founder of InvantApps

Antonio Hernández

Engineer, economist and founder of Invant APPs. I help you achieve financial freedom through smart investing and passive income.

About Me

Legal notice

Investing in crowdlending and crowdfunding involves risks, including the partial or total loss of the capital invested, and past performance is no guarantee of future results. The content on this site is for information purposes only and reflects our personal experience and opinion: it does not constitute financial or tax advice. Some links are affiliate links; the platform pays us a commission, which does not incur any cost to you nor does it influence our analysis.

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