LivoniaP2P Review – A Personal Experience

Updated June 2025

NOT RECOMMENDED: SEEMS TO BE FRAUD

I still have pending withdrawals dated July 18 and September 29
Since july: no answers from nether support ticket, mail nor phone

Chat GPT writes this about the financial situation of the company behind Livornia:

“As of August 2024, the Latvian company Veselavas pagasta zemnieku saimniecība “Kažēri” is facing financial difficulties. The company has an outstanding tax debt of €29,424.47, according to the State Revenue Service of Latvia. This suggests challenges in managing its tax obligations and potential cash flow problems.

Despite these financial issues, “Kažēri” continues to operate in the forestry sector, offering services such as logging, land clearing, and timber transportation across Latvia. The company is also involved in a peer-to-peer lending platform called Livonia, which may help support its operations.”

My conclusion is, that the way LivoniaP2P has supported the company, seems to be by a Ponzi scheme:

A Ponzi scheme is a type of investment fraud in which investors are promised big profits at little or no risk. The money is not invested. Rather, the scam artist concentrates on attracting more investors. A growing number of victims is needed to pay out the supposed profits being distributed to earlier investors.

Livonia was founded in February 2023 by a well-established energy business with over 30 years of experience.

As I initiated investments in November 2023, I don’t have much experience yet. But I like the concept of investing in renewable energy (forestry) and the high-yield savings account. Until now everything has worked as expected.

I have invested €1.000 and will update my earnings and experiences every month on this page.

Languages in the website: English

Security
- Trustpilot score
Loans
Tax
My advise
Verdict
Bonus (removed)

Security

No withdrawal is possible
Contact is impossible
License: No. According to the Bank of Latvia, a license is not required because Livonia and the sole loan originator, Zs Kazeri, are part of the same entity (are the same business)
Founded: 2023 (Zs Kazeri in 1991)
Trustpilot score: 2.2 (June 2025)
Scamadviser score: Very low trust
Buyback guarantee: No.
Diversity: Limited. Only one loan originator, currently focused solely on forestry
Late loans: I haven’t experienced any
Defaulted loans: I haven’t experienced any
Withdrawal: not possible
Deposit: don’t