This review is proposed by Damien Cuyala on
🤖 Review's summary
Overall review: The platform is regulated in Europe, with a 90-day buyback obligation and 10% penalties for delays of more than 7 days (grace period), and a 0% default rate since 2019. It allows for automated investments based on personal criteria.
Debitum is a regulated platform and a peer-to-business marketplace based in Latvia. It was founded in 2019 by three Latvian entrepreneurs: Martins Libert, Donatas Juodelis, and Justas Saltinis. The platform connects investors with credit companies specializing in loans for small and medium enterprises in Latvia, the United Kingdom, and Poland.
There are 5 active loan originators on Debitum and a sixth inactive one for Ukrainian loans.
- Flexidea LT, founded in 2017, offers invoice financing solutions for Estonian SMEs.
- Flexidea Polska PL, created in 2022, provides invoice financing for Polish SMEs.
- Evergreen Capital ES, established in 2013, offers loans to Estonian SMEs.
- Dragon UK, founded in 2016, specializes in mobile app-backed loans and video game industry financing in London.
- Sandbox Funding, a private credit company for Latvian SMEs, offers mainly mortgage-backed loans.
- DN Funding Alpha, fully owned by Debitum, lacks information but handles restructured assets of Ukrainian borrowers.
Loans are backed by assets immobilized by the Latvian Central Bank. In case of default (over 7 days after the end of the loan), a 10% penalty is applied to loan originators, who have 90 days to repay after the loan ends.
Minimum investment per loan: 10 euros. Investor funds are kept separate from Debitum's and protected as per investment brokerage laws.
- Total amount invested on the platform: €83.23M, aiming for €93.2M by March.
- Loans over 6 months late: 2.49% - restructured assets of Ukrainian borrowers.
- Definitive loss loans: 0% default rate.
- Key figures: 2021 annual profit (€83,693) - 2022 annual profit (€110,487).
- Platform license: European license no.: 06.06.08.728/537.
- Average yield: 12%.
- Total interest paid: N/A.
- Total amount invested: €83.23M.
- Monthly investments by investors: €5.45M (Q1).
- Starting investments in March 2024 with a €10,000 goal by the year-end.
- Diversification across different loan originators with a minimum 13% investment rate.
- Initial investments planned with Sandbox Funding.
- Register through this link for a 1% cashback on signup or visit the site directly.
38 voters
👎42% 👍11% 🤷26% 🏳️21%
To vote : 
Damien Cuyala
Damien, 41 years old, I am a business manager in nuclear valves, I also have a company in the distribution of everyday products in short circuits with the credo of "made in France". I started at a young age to learn how to invest in the stock market in dividend stocks, ETFs, and from 2021 on small cap equity strategies, and recently I have been learning about options. In June 2022, I started real estate crowdfunding and I have invested a little over 73 Keuros since then, my investments are distributed across the following platforms: ClubFunding, Raizers, La Première Brique, Upstone, Baltis. I attach great importance to spending time analyzing each project before making the best decision for my investments. Finally, I also have investments in crowdlending, mainly on Lendermarket to diversify my assets as much as possible.
Damien Cuyala is a senior analyst who has already analyzed 399 projects.
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