The founder and chief executive is Diego Dal Cero, an IT entrepreneur who also runs the group's banking-software arm CoreFi. The about page names a wider team - co-founder Matteo Vallin, CFO Federico Shaw and others - but that page also contains obviously false template content (claims of 500,000 customers and a New York Jets sponsorship that belong to no Bergamo startup), so treat it cautiously. A US fund affiliate, Pacific Capital Partners, invested in January 2023, and the company raised over 300,000 euros in its own crowd round in 2022. The Italian operating company reports just three employees.

When a payment is missed there is a five-day grace period, then direct contact, then an attempted restructuring, and finally court recovery run by EvenFi's legal team at its own cost - the loan's grade drops to C minus at 30 days late and D at 90. What no one can check is whether this works: after six years and 145 defaulted projects, EvenFi has never published a recovery amount, a recovery rate or a realised-loss figure. With no security or personal guarantees behind the loans, investors should not assume much of the defaulted 6.5 million euros returns.

Investing is free - no charges to deposit, invest, withdraw or use the platform; borrowing companies pay EvenFi's fees. Secondary-market costs, if any, are not documented. The real deduction is tax: 26 percent withheld for Italian residents and 19 percent for Spanish, with an annual statement provided. Note one uncomfortable detail: tax is withheld on the gross interest you receive, while losses on defaulted loans generally cannot be offset against it, so on a book with heavy defaults the effective tax bite on your net result is worse than the headline rate suggests.

There is no regulatory action against EvenFi - a real distinction in an Italian market where one rival was suspended, another liquidated and a third had its licence revoked in 2025-2026. The complaints are commercial. Second-hand data from August 2026 shows about 416 Trustpilot reviews split 45 percent five-star against 42 percent one-star - roughly 3.1 out of 5, down from 4.7 in October 2022 - the classic signature of early loan years going bad. Recurring themes: defaulted loans with no recovery news, email-only support that answers with automated messages, login and withdrawal-code friction (a September 2025 complaint to the consumer body Altroconsumo was resolved), and the Android app being withdrawn. One caution by association: EvenFi now administers the wind-down of Rendimento Etico, a platform whose licence was revoked - a regulator-compatible service, but the names appear together in searches.

Borrowers must have three to five years of trading history and two consecutive profitable sets of accounts, borrow 35,000 euros to 5 million euros over four to sixty months, and the platform says it funds growth projects only - not cash-flow gaps, refinancing or tax arrears. Each loan gets a grade from A+ down to D based on debt levels, revenues, age, staff, sector and banking relationships, and grades are cut mechanically when payments slip. The results, though, are poor: the top grade A has seen 25.8 percent of its projects default, and grade B has done worse than grade C - so the grades should not drive your decisions.