Kuetzal review

Kuetzal review

Kuetzal’s overview

Kuetzal is a crowdlending platform for business and real-estate projects. Loans commonly yield interest rates higher than 15%, for duration of one year and more. Most of them are secured by a buyback guarantee.

My opinion on Kuetzal

For investors who can accept to take some risks by investing in speculative loans, Kuetzal is an excellent complement to Envestio, CrowdEstate and Crowdestor.

Detailed ratings


The performance of my Kuetzal portfolio is excellent.

Loans liquidity

The loans amounts are rather large, but there aren’t many of them.


The reporting is currently very basic.

Buyback guarantee

For selected projects, the capital is secured by a buyback guarantee after a 60 days delay.

Website ergonomics

The website is rather simple but pleasant to use.

Kuetzal’s pros & cons


  • Excellent performance
  • Funded businesses belong to various industries, allowing for a diversified loans portfolio
  • Kuetzal Care guarantee ensures that these projects will get funded


  • Not all projects are covered by the buyback guarantee
  • Minimal investment amount is €100 per project

Special offer

By investing more than €1000 at Kuetzal, you will get some cashback. The cashback level depends on the invested amount; it starts at 1% for € 1,000 investments, and may be as high as 3% for investments larger than € 50,000. This offer is valid until August 31st, 2019.

Loans characteristics

Loans duration

Long-term : more than one year

Loans kinds


Minimal investment

€ 100

Buyback guarantee

Buyback guarantee available



Overview of Kuetzal’s loans

All loans are in Euro, with durations between 12 months and 48 months. Most of them have fixed interest rates, usually ranging from 14% to 21%. There used to be one loan offering variable returns, but the mechanism was unclear and it seems to have been converted to a fixed interest rate instead.

While the website provides an indication of the amount already financed, the deadline for the projects doesn’t appear anywhere.

Current loans mostly finance Latvian companies, although one of them is for a UK firm. The projects financed belong to various sectors :

  • real-estate
  • online payment solutions
  • trailer and truck reseller
  • crypto-mining
  • restaurant
Kuetzal's projects
Kuetzal's projects

One interesting aspect is that projects covered by the Kuetzal Care feature (currently all of them) are guaranteed to be funded. Another advantage is that interests are computed from the day the investment is made; there’s no need to wait for complete funding. All projects yield interests monthly.

Minimal investment amount per project is €100, identical to the amount for many competitors. However, the invested amount doesn’t have to be a multiple of €100, which is nice when it comes to re-investing interests.

Loans volume

The amount financed varies greatly from one project to another, but most are at least € 100,000. As of August 2019, the total value of the available and past projects is more than nine million euros !

There are usually two or three new project each month. If the largest ones may require several weeks to get totally funded, the € 40,000 requested in August to renovate a restaurant were funded in less than one day !

Buyback guarantee

Kuetzal‘s website initially provided few details on this essential aspect. Fortunately, since the last update, a matching item has been added to the FAQ.

The buyback guarantee is available on most projects. It provides two main benefits :

  • opportunity to sell your investment back to the platform (see Early exit below).
  • guarantee to get your money back, at most 2 months after a default

Platform’s features

Early exit

Early exit available

Investing methods

Manual investing


Kuetzal doesn’t offer a secondary market. However, as mentioned above, investments that come with a buyback guarantee can be withdrawn from, although there’s a steep 10% associated fee.

There used to be a small bit of confusion regarding the name of this feature (it was called Investment Return in the FAQ), but now the same term is used everywhere.

Manual investing

Overall, investing manually at Kuetzal is straightforward. The descriptions for the projects are detailed and easy to read.

Excerpt of a project's description at Kuetzal
Excerpt of a project's description at Kuetzal

New projects are announced by e-mail, and sometimes on Kuetzal‘s Facebook page.


Currently, only manual investing is possible. I’m not fond of auto-invest for business projects anyway; moreover, the small number of available projects makes it easy to invest manually.

Website’s ease of use


English, Spanish, German

Funding methods

Kuetzal’s registration process

Registering with Kuetzal is very quick and easy. There’s no KYC (Know Your Customer) procedure for now, so investors don’t even need to upload a copy of their id.

Account funding and funds withdrawal

Website’s design and ergonomics

Thanks to its simplicity, Kuetzal‘s website is very easy to navigate. One minor annoyance is that it’s impossible to open several projects on new tabs, as the links use JavaScript.

Available languages & translations quality

In addition to the English translation, Kuetzal‘s website is also available in German and Spanish. Apart from a few initial typos which got corrected, the English translation is great.


The reporting is very limited; there’s only a list of investments, as well as a useful repayment schedule.


Kuetzal’s FAQ is rather complete and has been much improved since its inception. Apart from it, there’s little documentation available.


It’s possible to contact the platform via e-mail or by phone.

Communication from the platform​

Kuetzal notifies investors by e-mail when new projects are available for funding.

Notifications are also sent when transferred funds reach the investor’s account, as well as when reimbursements are received. These two mails could be greatly improved; indeed, the title is a very generic “Kuetzal Account”, while the contents doesn’t give any detail regarding which loan was reimbursed. In addition, the reimbursed sum isn’t broken down between principal and interests.

Actual performance of my Kuetzal portfolio


At the end of October 2019, the XIRR for my Kuetzal portfolio was 16,76%.

This result is nothing short of excellent, and I will keep on increasing the size of my Kuetzal portfolio when new loans are available !

Don't hesitate to read my most recent crowdlending portfolio review for detailed platforms performance comparison as well as historical performance.

Kuetzal's main competitors

For a detailed comparison of the different real-estate and business crowdlending platforms, check out this article.

Kuetzal's facts & figures


Tallinn, Estonia

Founded in


As of August 2019

Who can invest at Kuetzal

There are no geographical and nationality restrictions to become an investor at Kuetzal. As a general practice, we do not accept investors as well as projects related to, or coming from blacklist countries.

Kuetzal FAQ


Please note that this review may contain affiliate links. It means that I will earn a commission if you decide to invest after clicking through the link – at no additional cost to you, of course -. Please understand that I have experienced all of these companies, and I recommend them because they are helpful and useful, not because of the commissions I make if you decide to invest through my links.

5 thoughts on “Kuetzal review”

    • Hi Peter,

      Trouble is that the meaning of “buyback” isn’t really standardized. For a long time, most platforms used this term to denote the fact that the originator will buy back a delayed loan (for Mintos or Grupeer). But now, several companies like Fast Invest or Envestio use it to denote the ability to sell the loan back to the company.

      I’ve also been in touch with Kuetzal regarding this aspect in late December, and they confirmed that what they call buy-back is the fact that investors can sell the loan back to Kuetzal. To make things even less clear, they also call it “investment return” in other places. At the same time, I agree that according to the e-mail on your blog, this also seems to mean that investors will get their money back in case of a default; it’s unfortunate that it’s not mentioned anywhere in the FAQ (and overall that they’re not more precise regarding an important aspect of the investment).

      I’ll get in touch with them again just to make things 100% clear. Well, let’ make it 95% 🙂

      Have a great day & keep in touch


  1. So is it buyback guaranteed, or not?
    I’m still confused.
    (Thanks to clarify)
    And, by the way as a brand new one, here: hello to you all!
    Is it reasonable to invest a big amount in any of your prefered platform, or should one do this slowly with just a little bit of money at a time?
    (In other words: is it risky?)

    • Hi Galia,

      Kuetzal offers a buyback guarantee, but not on every project. If you check the projects list, a handy “Buy-back” label will appear on projects with such guarantee. Out of 4 projects currently available, 2 are covered by the buyback guarantee.

      I always encourage investors to diversify their investments, and to increase their stakes slowly; the latter point is especially important for real-estate and business platforms, where loans are usually very large but not very frequent. Spread your investments on several platforms (we’re currently kind of spoiled with choice), and invest your whole amount over a 6 months period; it will lower the risks and you’ll be more confident to invest more as you see interests kicking in.

      These investments are always risky (you don’t get 15%-20% annually without risk !); however, even without a buyback guarantee, my understanding is that the greatest risk in case of a default is the delay in getting your funds back, more than capital loss. For example, CrowdEstate is still struggling with legal proceedings from a default going back 2 years ago !

      Have a great day,


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.