Open an InDemo account

Indemo is a newer platform in the European peer-to-peer (P2P) lending landscape, having launched in 2023 with the aim of revolutionizing real estate investing.

Based in Riga, Latvia, Indemo distinguishes itself by offering two unique investment opportunities: mortgage loans and discounted debt investments. This review delves into Indemo’s strengths and weaknesses, its innovative approach to real estate investment, and what investors can expect from their engagement with the platform.

The platform’s distinct offering of mortgage loans provides a stable and reliable investment option, with returns reaching up to 10%. These investments, secured by real estate, represent a tried-and-tested route in the property investment realm, appealing to those seeking consistency and security in their investment portfolio.

The true innovation at Indemo, however, lies in its discounted debt investments. This unique investment model targets loans initially issued by banks from Spain – where original borrowers have defaulted, allowing the platform to offer these secured loans at significant discounts.

Consequently, investors gain the opportunity to achieve an average annual return of 15.1% – a rate that stands out in the P2P lending market. These investments revolve around acquiring real estate assets at lower prices, thereby amplifying the potential for substantial returns upon the sale or resolution of these assets.

Regulation and Transparency

Let’s get some facts out of the way with regards to registration and financial transparency.

Indemo SIA is a Latvian investment firm with registration no. 40203401432, legal address: Mazā Nometņu iela 10 – 2, Rīga, LV-1002, Latvia). It is supervised by Latvijas Banka (Central Bank of Latvia). License number 06.06.08.824/547. Its operating model is based on well established EU-level MiFID investment firm license, which allows to operate all over EU.

Indemo SIA is also a member of the national investor compensation scheme established under EU Directive 97/9/EC. In simple terms, the scheme provided by the Latvian government protects investors by providing compensation if Indemo becomes a scam or fraud, up to a maximum of €20 000.

Financial reports for Indemo have been published on a yearly basis and are also audited independently by a BIG10 audit firm – Crowe, so you can feel free to check the platform’s own financial health for yourself if that’s something you’re concerned about.

The platform’s strategic positioning in Latvia, a country known for its vibrant FinTech scene, further underscores its dedication to leveraging technological advancements for optimizing investment opportunities.

InDemo Platform Overview

Indemo’s genesis can be traced back to 2021, with its official launch in the P2P landscape happening in 2023, so you might have heard of them in previous years as well. The founders are well-known in the P2P lending space and have also been present at industry events over the past years.

The platform’s headquarters in Riga, Latvia, serves as a hub for its operations. While their strategic cooperation partner who services the debts and manages the product is based in Barcelona, Spain.

Indemo’s distinctive offer lies in its dual investment offerings.

Firstly, traditional bank-type mortgage loans, a staple in real estate investing, provide a secure and familiar avenue for investors, with low Loan-To-Value of around 30% originated through the expertise of the non-banking lender authorised by the Central Bank of Spain.

The second, and more intriguing offering, is the discounted debt investment. This novel concept focuses on loans where borrowers have faltered in repayments, enabling investors to access these secured loans at a discount, thereby opening the door to potentially higher yields.

These dual offerings reflect Indemo’s commitment to innovation in the P2P space, catering to both conservative investors seeking traditional routes and those aiming for higher-risk, higher-return investments.

The essence of Indemo’s platform lies not just in the diversity of its investment products but also in its approach to making these products accessible and manageable for a broad spectrum of investors. This accessibility is underpinned by a user-friendly interface and a minimum investment threshold that encourages inclusivity. As Indemo continues to evolve, it promises to be a significant player in the European P2P market, setting new benchmarks for real estate investing.

Let’s go ahead and take a closer look at the two investment options.

Discounted Debts

Discounted debt investments involve purchasing debts secured by real estate where borrowers have defaulted, enabling investors to acquire these at a reduced price, thus offering a higher potential return.

Traditional banks often find themselves with non-performing loans, where borrowers fail to meet their repayment obligations. These loans, secured by real estate assets, are sold in the market at significantly reduced prices. Indemo cooperation partners – professional debts’ market participants capitalizes on this opportunity by purchasing these loans and offering them to investors through the Indemo platform.

The attraction of discounted debts lies in the considerable markdown from the real estate’s market value, which is often around 40-50%. This discount provides a substantial buffer for investors, mitigating risks while amplifying potential returns. When the property linked to the debt is eventually sold at market value, investors stand to gain a notable return, typically providing high two-digit returns in 12-18 months.

 

When you invest on Indemo you invest into the security called Note. There is a defined basket of eight debts tied to each Note. Once each attached property is sold for its market value, the investor receives a 50% profit share from the differential between the discounted price paid for the debt and the proceeds from the sale of the property. Usually, the average discount for objects placed on the Indemo platform is around 40%. The investor gets repayment of part of the investment amount and profit allocation once each and any debt in the basket of eight debts is recovered.

Indemo’s approach to these investments is marked by a rigorous due diligence process. Each real estate asset (all originating from Spain) undergoes a thorough evaluation, ensuring its value is accurately assessed and aligns with current market conditions. This process, often aided by independent appraisers and valuation experts, adds a layer of security to the investment. Initial evaluation and due diligence and subsequent debt servicing and collection is performed by a professional servicing company authorised by the Bank of Spain, with which Indemo cooperates.

Investors on the platform have access to detailed information about each investment, including the location, value, and status of the associated real estate. This transparency is crucial in helping investors make informed decisions and in building trust in Indemo’s investment model.

The discounted debt investment model stands out for its potential for high returns, coupled with a strategic approach to risk management. While it introduces a unique flavor to the P2P lending market, it requires investors to understand its nuances and to align it with their risk tolerance and investment goals. Indemo, through its detailed information and transparent processes, equips investors with the necessary tools to navigate this investment avenue effectively.

It is necessary to note, that the secondary market of debts in Spain is more than 15 years old, well established and operating on commerical customs and rules. All high street banks of Spain sell their portfolios to well known institutional investors, like BlackRock, BlackStone, Cabot, Intrum, etc. Indemo is the first bringing such a purely institutional product to the retail market landscape.

Mortgage Loans Investments

Alongside its innovative discounted debt investments, Indemo in Q1, 2024 plans also to offer traditional loans, primarily in the form of mortgage loans. These conventional investment options play a crucial role in balancing the portfolio of services Indemo provides, appealing to a broader range of investors with varying risk appetites.

Indemo’s traditional loans are characterized by their secured nature, with each loan backed by real estate collateral. Indemo’s traditional loans are characterized by their secured nature, with each loan backed by real estate collateral. All loans are originated according to the compliant policies and services by by a professional servicing company authorised by the Bank of Spain according to Law 5/2019, regulating real estate lending entities.

This security is a fundamental aspect that attracts conservative investors, offering a degree of assurance and stability. Mortgage loans, in particular, represent a well-trodden path in real estate investing, where investors fund loans tied to properties, earning interest as borrowers repay the loan.

Also, all mortgaged real estate offered on Indemo are factual operational premises, either apartments or private houses. It is significant, as the construction and development risks are absent there, which we have seen recently on other real estate investing platforms when it was hard to recover invested amounts from the construction sites or not commissioned estates.

The key to these traditional loans is the loan-to-value (LTV) ratio, a critical metric in real estate financing that Indemo closely monitors. The LTV ratio, which compares the loan amount to the value of the property, is kept at conservative levels. This strategy ensures that the loan amount does not exceed a safe percentage of the property’s market value, thereby protecting the investment against market fluctuations and potential declines in property values.

Almost all of the loans are for secondary residences in Spain. This means easier enforcement and precise market valuations conducted by independent appraisers such as Geswalt, Thirsa and Idealista. In contrast with other platforms, Indemo thus eliminates the additional risk of lending money to development projects. All the properties on Indemo are already built and have a stable valuation.

Investors in Indemo’s traditional loans can expect more predictable returns compared to the discounted debt investments. While the potential yields might not be as high as those offered by the latter, the stability and lower risk profile of traditional loans make them an attractive option for those seeking a more secure investment route and having scheduled repayments.

Moreover, Indemo’s traditional loans are structured to provide regular income streams to investors, with interest payments typically made on a monthly basis. This regular cash flow is a significant draw for investors looking for consistent returns and passive income opportunities.

In summary, Indemo’s offering of traditional loans serves as a vital component of its overall investment portfolio. By providing both high-risk, high-return discounted debts and more stable, traditional mortgage loans, Indemo caters to a wide range of investment strategies and preferences. This diversity not only positions Indemo as a versatile platform in the P2P lending space but also allows investors to tailor their portfolios according to their specific financial goals and risk tolerance.

Returns Expected

Indemo’s attraction for investors primarily stems from its diverse and potentially high-yield investment opportunities. As we mentioned earlier, one can opt for mortgage loans aiming to earn around 10%, while on the other hand, there is the option of going for discounted debt investments with a yield closer to 15%. Of course, you have the option to mix and match and thus adjust the risk to your appetite.

Indemo’s approach to investment opportunities demonstrates a keen understanding of the diverse appetites of modern investors. By providing both conservative mortgage loans and more aggressive discounted debt investments, the platform caters to a wide range of investment strategies, from the risk-averse to the risk-tolerant. This dual approach not only offers flexibility but also opens avenues for portfolio diversification, allowing investors to balance their holdings between steady, lower-yield assets and more dynamic, higher-yield opportunities.

As Indemo continues to grow, it’s anticipated that the platform will further refine and expand its investment offerings, potentially introducing more nuanced and varied investment products. This evolution is expected to attract a broader investor base, consolidating Indemo’s position as a versatile and innovative player in the P2P real estate investment market.

Risk Management

Indemo’s commitment to ensuring investor security and risk management is evident in its operational framework. The platform’s primary safeguard is its reliance on secured loans, meaning each investment is backed by tangible real estate assets. This foundational security measure provides a layer of protection against potential losses, reassuring investors of the solidity of their investments.

For mortgage loans, Indemo meticulously assesses the Loan-to-Value (LTV) ratio, ensuring that it remains low. This conservative approach means that the loan amount is always significantly lower than the value of the associated real estate asset. In the event of a borrower default, this strategy ensures that the asset’s sale will cover the loan amount and any related legal costs, thereby safeguarding investor returns.

The platform’s discounted debt investments introduce an additional dimension to risk management. Here, the focus is on the Price-to-Value (PTV) ratio, representing the discount at which the real estate is acquired compared to its market value. Typically, this discount hovers around 50%, creating a substantial buffer that enhances the security of these investments. It ensures that even in fluctuating market conditions, the sale of the property is likely to cover the investment and yield a profit.

Furthermore, Indemo’s regulatory compliance adds another layer of investor protection. Supervised by the Central Bank of Latvia, the platform operates within a strict regulatory framework, ensuring transparency and adherence to financial norms. This supervision is complemented by the EU investor compensation scheme, which protects investments up to 20,000 Euros, offering an additional safety net to investors. Also, Indemo choice to work only with products coming from western EU member states, like Spain, and cooperation only with regulated lending/servicing businesses, adds additional value to the product.

Indemo’s risk management practices reflect a deep understanding of the intricacies of real estate investment and P2P lending. By balancing high-return opportunities with robust security measures, the platform not only attracts a wide range of investors but also maintains a stable and secure investment environment.

Team

The success and reliability of any fintech platform, especially in the P2P lending space, are largely influenced by the expertise and experience of its team. Indemo’s team plays a critical role in instilling investor confidence and driving the platform’s innovative approach. Let’s delve into the profiles of key figures behind Indemo and understand why they merit investor trust.

Sergejs Viskovskis, CEO and Co-Founder: Sergejs stands at the forefront of Indemo, bringing a wealth of experience from the banking sector. His tenure in banking and legal, spanning nearly a decade, is complemented by his stint at Mintos as a Senior Legal Counsel. Sergejs’s extensive experience in finance and legal aspects of P2P lending underpins his capability to lead Indemo with a vision that balances innovation with regulatory compliance and investor security. His active participation in fintech and community events like Finfellas further demonstrates his commitment to the industry. On a personal note, I’ve had the pleasure of chatting with Sergejs and was able to confirm that he is very determined to make Indemo a success.

Aleksandrs Volosin, CFO: Aleksandrs brings to the table nearly 20 years of experience in banking and corporate finance. His deep understanding of financial markets and investment strategies is instrumental in shaping Indemo’s financial policies and investment products. His expertise ensures that Indemo’s financial operations are robust and aligned with market dynamics.

Daniels Zirjakovs, CTO: Daniels’ role is crucial in driving the technological innovation that Indemo prides itself on. His background in technology and software development is vital for maintaining a seamless, secure, and user-friendly online platform, a cornerstone of Indemo’s appeal to modern investors.

Pavels Pochtarenko, CRO: Pavels oversees risk management at Indemo, a role that is central to the platform’s integrity and investor trust. His experience in risk analysis and management ensures that investments on Indemo are thoroughly vetted and backed by solid due diligence.

According to Indemo, the team behind is 20 people large, with new hires planned for 2024.

The collective experience of Indemo’s leadership team in banking, finance, technology, and legal compliance forms a strong foundation for the platform. Their varied expertise not only drives Indemo’s strategic direction but also instills a sense of trust and reliability among investors. This is crucial in a market where investor confidence is paramount. The team’s diverse skill set, combined with their proven track record, positions Indemo as a trustworthy and forward-thinking player in the P2P lending space.

User Experience

Indemo’s platform is designed with a keen focus on user experience and accessibility, ensuring that investors, regardless of their expertise level, can navigate and utilize the platform with ease.

I must say that this is one of the most modern and user-friendly and well-designed P2P lending platforms I’ve used. To me, this signals that not only does the team have experience in the financial sector, but that they’re also A players in the digital arena, which is after all essential as it is the primary interface between the investor and the financial product.

The user journey begins with a simple and swift onboarding process. Account registration and identity verification by well known and trusted Veriff solution, essential for maintaining the platform’s security and regulatory compliance, are streamlined and efficient, typically completed in just a few minutes.

The heart of Indemo’s user-friendly approach lies in its intuitive interface. The platform features an innovative investment map, allowing investors to visually explore and select real estate projects. This geographic representation of investments not only aids in making informed decisions but also adds an element of engagement and transparency to the investment process.

Indemo’s commitment to user convenience extends to its financial transactions. The platform supports seamless deposit and withdrawal processes, with the introduction of instant SEPA deposits through its banking partner, LHV Bank. This feature ensures that funds are promptly reflected in investor accounts, facilitating timely investments.

Moreover, the auto-invest function is a testament to Indemo’s understanding of investor needs. This feature simplifies the investment process, allowing users to set their preferences and automatically invest in suitable projects. It’s particularly beneficial for those who prefer a hands-off approach or lack the time for active investment management.

In summary, Indemo’s platform excels in delivering a user experience that is both accessible and engaging. Its blend of technological innovation, ease of use, and comprehensive customer support makes it an attractive choice for anyone looking to venture into P2P real estate investing.

Opening an Account

Individuals aged 18 or older with EU citizenship or residence permits can register and invest. Businesses can also register, subject to security checks. Bear in mind that you need to have bank/payments account in the EU/EEA institution to make a deposit.

The platform’s low minimum investment threshold is just 10 Euros. This inclusivity allows a broader spectrum of investors to participate in real estate investment, breaking down traditional barriers to entry in this sector. Whether a novice investor with limited capital or an experienced investor seeking to diversify, Indemo caters to all.

Getting started with Indemo is a straightforward and user-friendly process, designed to facilitate easy access to the world of P2P lending.

Here’s a step-by-step guide on how to open an account with Indemo:

Step 1: Registration

The first step is to visit Indemo’s website and initiate the registration process. This involves filling out a basic form with your personal details, such as name, email address, and creating a password. The registration process is designed to be quick and intuitive, ensuring a smooth start for new users.

Step 2: Identity Verification

Following registration, the next step is identity verification. Indemo, adhering to financial regulations, requires users to verify their identity to ensure security and compliance. This process typically involves submitting a government-issued ID and may include additional verification steps, such as a selfie or a video call. Indemo uses advanced security measures (using the Veriff platform) to protect personal information during this process.

Step 3: Depositing Funds Once your account is set up and verified, the next step is to deposit funds. Indemo offers various deposit methods, including bank transfers and possibly other digital payment options. The platform’s integration with instant SEPA deposits ensures that your funds are quickly credited to your account, enabling you to start investing without delay. Indemo uses LHV Bank, a bank that allows instant SEPA deposits, so in most cases deposits happen instantly.

Step 5: Exploring Investment Opportunities

With funds in your account, you can begin exploring Indemo’s investment options. The platform offers a range of investments, including traditional loans and discounted debts. Users can leverage Indemo’s intuitive platform to select investments that align with their strategy and start earning returns.

Opening an account with Indemo is a seamless process, reflecting the platform’s focus on user accessibility and regulatory compliance. With such a simple and straightforward process, you can expect to be up and running in a couple of days max, including depositing of funds which is typically what takes the longest in this process, depending on your bank.

Alternatives to InDemo

Indemo operates in a dynamic and competitive P2P lending environment, with several notable platforms serving as its competitors and alternatives. Understanding these competitors is crucial for investors to appreciate Indemo’s unique value proposition and to make informed decisions.

1. Mintos: Mintos is one of the leading P2P lending platforms in Europe, known for its wide range of loan types and large investor base. It offers an extensive selection of investment opportunities across various countries and loan originators. Mintos’s diverse portfolio and established track record make it a significant competitor in the P2P market. Its approach to risk management and investor protection through buyback guarantees and a diversified investment pool sets a high industry standard that Indemo aspires to match.

2. EstateGuru: Specializing in property-backed loans, EstateGuru is another notable competitor in the real estate P2P lending space. Its focus on secured real estate loans across Europe provides a direct alternative to Indemo’s mortgage loan offerings. EstateGuru’s rigorous due diligence process and transparent investment opportunities make it a strong contender in the market.

3. PeerBerry: As a rapidly growing P2P platform, PeerBerry offers short-term and real estate loans, attracting investors with its user-friendly interface and consistent returns. PeerBerry’s approach to P2P lending emphasizes ease of use and accessibility, similar to Indemo’s user-centric design.

4. Reinvest24: Another noteworthy contender, particularly in real estate investing. It provides investors with opportunities to directly invest in property, distinguishing itself with a unique approach that combines real estate investment with the flexibility of P2P lending. This platform’s focus on tangible asset-backed investments makes it a relevant alternative for those exploring options beyond Indemo’s offerings.

5. Bondora: Bondora stands out for its automated investment tools and a long-standing presence in the P2P market. It offers a variety of loans, including personal and SME loans, and is renowned for its Go & Grow product, which offers a unique approach to P2P investing.

Each of these platforms has its strengths and focus areas, providing a diverse ecosystem for P2P lending. Indemo’s distinct approach, especially with its discounted debt investment model, positions it uniquely in this competitive landscape. While platforms like Mintos and EstateGuru have established themselves as leaders, Indemo’s innovative investment options and focus on real estate-backed loans offer a fresh perspective to investors.

Should You Invest with Indemo?

I think Indemo’s offering makes it a very compelling one for P2P lending investors looking to diversify their portfolio, especially if they are interested in real estate and Spain as a good choice.

Indemo’s unique approach to real estate investing, marked by the dual options of traditional mortgage loans and the pioneering discounted debt investments, positions it as a platform that caters to a wide range of investor preferences and risk appetites. The high potential returns, especially from the discounted debt investments, underscore Indemo’s appeal to investors seeking to maximize their earnings in the real estate sector.

The platform’s emphasis on security and risk management, through secured loans and regulatory compliance, instills confidence in investors. Indemo’s transparent and investor-friendly practices, such as low LTV ratios and the EU investor compensation scheme, further enhance its credibility and reliability in the market.

I’m a fan of Indemo’s user-centric design, as I mentioned earlier. The intuitive interface, low entry barrier for investments, and efficient withdrawal and deposit processes demonstrate the platform’s commitment to providing a seamless and inclusive investment experience. These features make Indemo not only accessible to seasoned investors but also to those new to P2P lending and real estate investment.

As the platform continues to evolve and potentially expand its offerings, it is poised to attract a broader investor base and solidify its position in the market.

Indemo’s journey in the P2P lending space is still in its early stages, but I really like their approach and what they’ve provided us so far. For investors looking to explore new horizons in real estate investment, Indemo presents a fascinating and promising opportunity.

Considering that Indemo is a newcomer to the P2P market, and it is bringing a unique and unseen before product, we have agreed with Sergejs, Indemo CEO, to collect first impressions and feedback from you, and to record a podcast later to answer and address any questions or concerns you might have. So feel free to leave any feedback here below.

Open a Limedot account

Limedot emerges as a fresh and ambitious player looking to disrupt the P2P lending market.

Founded in 2022 and headquartered in Ireland, Limedot distinguishes itself by targeting returns as high as 15% annually through access to Southeast Asian lending opportunities unavailable elsewhere. Several key members of the team are based in Latvia, a country that will be familiar with many P2P investors since so many platforms are based there.

Does Limedot have what it takes to make an impact in a P2P lending market that is already looking somewhat saturated?

Let’s examine Limedot’s value proposition in more depth.

High Returns

Returns promised by Limedot between 10-15% annually for loan terms of 1-3 years demand scrutiny given the early stage. Industry reports show P2P averages 5-10% globally with some platforms like Mintos delivering 9-11% consistently for many years.

Limedot maintains underwriting diligence by originators plus internal reviews mitigate risks. Additionally, buyback guarantees and loan overcollateralization provide investor downside protection absent from many competitors. The blend of high potential gains and embedded safety valves, if proven over the long run, could indeed justify Limedot as a standout destination for passive income seekers. Of course, only ongoing performance will demonstrate such lofty targets are achievable and sustainable.

The platform’s unique selling point is its base return combined with a maturity rate bonus, ensuring that investors who stay the course reap significant benefits.

Micro-Lending in Vietnam with Alocash

Limedot’s initial lending avenue targets the Vietnamese market by way of its sole originator partnership, Alocash, which provides microloans to small businesses. Offering loans from just $40, this instills portfolio diversification even for newcomers. Limedot sees supporting entrepreneurs in developing nations as a win-win, yielding socially impactful returns.

While still in pilot stages, Limedot aspires to cultivate relationships with originators throughout Asia, creating a gateway for once isolated populations to tap global capital. Multi-category exposure spreading risk across location, industry and loan characteristics remains a strategic priority as the platform matures. Steadily implementing diversity bolsters robustness vital for long-term viability and user satisfaction.

The platform plans to introduce new loan originators which will further broaden investment options.

Innovative Features for Enhanced Investing

Limedot introduces an array of features tailored for modern investing. Its Auto-invest function allows investors to seamlessly engage in deals that align with their criteria. The absence of fees exemplifies Limedot’s investor-friendly approach, enhancing the allure of passive income generation. The platform’s secondary market feature adds a layer of liquidity, allowing investors to sell claims with markup or discount. This flexibility in investment strategies underscores Limedot’s adaptability to investor needs.

Who Can Invest with Limedot?

Limedot caters to a specific investor demographic, focusing on individuals within the EEA.
Investors are required to have a current account in an EEA, Switzerland, or United Kingdom-based financial establishment or authorized payment service provider and must be over 18 years old.

This targeted approach ensures a streamlined and compliant investing process.

Regulation

Limedot is a Limited Company with registration No. 722056. Its legal address is located at 6 Fern Road, Sandyford, Dublin 18, Dublin, Ireland D18 FP98.
The platform operates outside the scope of Directive (EU) 2015/2366 (PSD2) and is not classified as a crowdfunding platform according to European Crowdfunding Service Provider Regulation 2020/1503. Instead, it acts as a commercial agent in relation to the lender, concluding assignment agreements on their behalf. This distinct position in the financial landscape allows Limedot to connect lenders and investors in a unique way.

By operating under an agent model rather than directly facilitating loans, Limedot sits outside the scope of key regulations like PSD2 that govern traditional P2P and banking activities. While some view this as riskier due to less oversight, Limedot sees it as empowering. Freed from rigid compliance requirements affixed to other titles, Limedot can structure innovative solutions better meeting needs of all participants.

Of course, self-regulation and transparency are paramount given this flexible status. So far Limedot appears serious about responsible policies like vetting originators through due diligence and seeking yearly third-party security audits. Annual reports quantifying metrics like historical originator performance against underwriting standards would enhance accountability. Overall Limedot’s model prioritizes solution-driven progress over labeling, warranting close monitoring as the platform scales.

Investment Safety: A Core Priority

Solid risk controls form the bedrock of any P2P lending platform. Limedot anchors protection for investors through two principal policies:

• skin in the game
• buyback guarantee

First, “skin in the game” means the concerned originator shares equal downside if a borrower cannot repay by covering potential losses out of their own pocket. This directly aligns their fate to loan performance quality, incentivizing prudence.
Second, Limedot’s buyback guarantee that late payments over 60 days past due will be repurchased by the originator preventing total capital losses for investors who hold through maturity. While guarantees require ongoing funding to cover obligations, they offer crucial reassurance during the buildup phase.

Further bolstering confidence are the platforms’ due diligence practices assessing track records, financials and underwriting expertise of potential originators before partnering. Over time, qualitative scoring systems tracking origination-level metrics can enhance dynamic risk monitoring as well.

Transparency and Education

Limedot is committed to providing its investors with all the necessary information to make informed decisions. Their website features a dedicated section on ‘Security and Risks’ that outlines the potential risks involved in investing.
The company also hosts a learning-oriented blog responding to questions and issues. More quantitative historical performance data broken down by originator, location, industry and other risk dimensions would effectively supplement educational materials.

Limedot’s Team

At Limedot’s helm stand two veterans well-equipped to navigate the maturing fintech landscape.

CEO Marek Krakops contributes over 15 years in investments and scaling start-ups, providing strategic foresight. Marek is a successful and result-driven CEO with over 15 years of experience in leading fintech firms. Marek holds an MBA from Stockholm University and a PhD in Regional Economics from the European Integration Institute in Riga. He’s held executive roles at Juta Terminals SIA, VIASMS s.r.o., and served on the board of The Association of Non-Bank Credit Providers.

Platform lead Martin Baude delivers traditional and digital banking acumen vital for operational excellence and risk governance. He is a seasoned finance professional with 14 years of experience in Scandinavian banking.

Their combined macro-level insight and hands-on industry knowledge bode well for tackling multidimensional challenges inherent to building and managing financial infrastructure.

Over time, a diverse advisory board could further strengthen holistic leadership perspectives.

Platform Interface

The Limedot platform is easy enough to use, however to me it does look a bit unpolished at the moment, especially compared to other competing P2P platforms that have invested heavily in their websites over the last few years. On the other hand, this is somewhat understandable given the fact that Limedot is a newer platform. I imagine that the main aim was to get things going and ensure the platform is profitable before re-investing those profits into improving the user experience.

How to Open a Limedot Account

Starting your investment journey on Limedot is designed to be simple, quick, and entirely online. If you’re at least 18 years old and living in the EU, you can become an investor on Limedot.

Here’s how it works:

1. Registration: The journey begins with a simple online sign-up process. Fill in the registration form to create your account.
2. Fund Your Account: Once registered, deposit a minimum of €10 into your Limedot account to start investing.
3. Investment Choices: Limedot offers flexibility in investment options. You can set up an Auto-Invest portfolio based on your preferences or manually select loans using various filters.
4. Track Your Investments: Keep an eye on your investments, portfolio performance, and returns by regularly checking your Limedot profile.
5. Receiving Returns: Returns on your investment are credited monthly to your investor account, ensuring easy access to your funds.

Withdrawals work as expected, with the money being in your account in 1-2 business days once a withdrawal is requested.

Secondary Market

Limedot’s new Secondary Market feature allows investors to buy and sell loans among themselves. Users can list their investments for sale at their chosen price, providing flexibility in managing investment portfolios. The Secondary Market is designed to be secure and transparent, with clear transaction processes. This feature aims to offer investors more control over their investments, responding to market changes and personal financial needs. Limedot emphasizes the ease of use and security in this new marketplace, catering to investors seeking both growth and flexibility in their investment strategies.

Fee Structure

There are no fees associated to investing, deposits or withdrawals. This makes it very easy for the investor to calculate his returns and reduces any points of friction.

Customer Support

Limedot provides support to its users through its customer service team, which can be reached at [email protected]. It operates within business hours from Monday to Friday, 9:00 – 18:00 GMT+3.

Setting Limedot Apart in the P2P Landscape

When compared with other P2P platforms, Limedot stands out for its high returns, robust safety measures, and unique focus on the Asian market.

Here are a few other platforms you can compare and contrast:

1. Mintos – A leading P2P platform in Europe known for its wide range of loan types, offering investors an average return of around 10-12%. Mintos stands out for its user-friendly interface and diversified investment opportunities.
2. EstateGuru – Specializing in secured property loans, EstateGuru offers an average annual return of around 10-12%. Its focus on real estate lending provides a unique investment option compared to typical consumer loans.
3. Twino – Known for its short-term consumer loans and auto-invest feature, Twino offers average returns between 8-10%. The platform is popular for its user-friendly experience and has a strong presence in Eastern Europe.
4. Bondora – Bondora prioritizes accessibility with no minimum investment and loans as small as €25 while operating across the continent. Returns target 6-10% annually however diverse portfolio construction proves challenging.
5. PeerBerry – Like Limedot, PeerBerry ventures into emerging markets through collections agency and small business loans in Latam/SE Asia. Higher risk accompanies elevated potential 12-15% returns with strong due diligence to balance rewards.

In comparing Limedot with other established P2P platforms, its distinctive focus on Southeast Asian markets stands out. While platforms like Mintos and EstateGuru have carved their niches in Europe, Limedot’s venture into the dynamic and fast-growing Vietnamese market represents a unique proposition for investors. This geographical focus not only diversifies investment opportunities but also taps into the potential of emerging economies, where the blend of innovation and growth could translate into substantial returns.

Conclusion

Limedot emerges as a platform with significant potential, characterized by its high returns, stringent safety measures, and innovative investing options.

While acknowledging its areas for growth, its strong leadership and strategic vision make it a promising choice for P2P investors seeking diversified, high-yield opportunities.

The long-term sustainability of targeting 15% returns, particularly under varying global economic conditions, remains to be proven. Limedot is best suited for investors who are comfortable with the risks associated with emerging markets and are seeking to add an adventurous element to their investment portfolio.

Debitum is one of the most established platforms in the Peer-to-Peer (P2P) lending arena, forging a conduit between investors and borrowers to channel capital towards businesses. Since its inception in 2018, operating from the vibrant city of Riga, Latvia, Debitum has made significant strides. The platform has garnered a robust base of over 10,000 registered investors, and facilitated the flow of more than 74 million Euros into lucrative loans, marking its territory in the P2P lending landscape.

This comprehensive review aims to unpack the multifaceted aspects of Debitum, analyzing its investment potential, safety measures, and outlining how to start investing through this platform.

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Expected Returns on Debitum

The appeal of Debitum lies in its promise of substantial returns, underscored by an impressive XIRR (Internal Rate of Return) of 11.44%. A five-year track record of zero defaults highlights the platform’s adept risk management and caliber of loan originators. The experiences of many investors, including my own, reflect yields around 10%, aligning with returns from others in the sector.

Debitum‘s Safety Measures

Navigating the P2P investment world requires thoroughly evaluating platform safety. Debitum meets this need by directing investments solely into business loans, fortified with tangible collateral. This prudent focus on asset-backed lending, although slightly reducing returns, significantly lowers default risks, creating a safe environment. Debitum’s safety architecture includes a robust 90-day buyback guarantee on all loans, plus a 15% penalty on delayed repayments by loan originators. The platform’s strict 4-step due diligence process for loan originators has prevented defaults. Introducing Asset-Backed Securities (ABS) reduces the risk associated with individual loan defaults, strengthening investment security.

Two-factor authentication (2FA) is also available on Debitum, which is another sign that both the financial and technical security of the platform are being taken seriously.

A hallmark of Debitum is its regulatory adherence, epitomized by its distinction as one of only four licensed P2P platforms in Europe, operating under license No. 06.06.08.728/537. This regulatory status not only increases investor fund protection but also sustains appealing returns, instilling reliability among investors.

They dedicate an entire section of their site to explaining very clearly how they protect their investors. They call this framework “Protection Plus”.

Protection Plus: Safeguarding Your Investments on Debitum Network

Protection Plus is the three-tiered security architecture developed by Debitum to ensure the protection of investor funds. Each layer addresses different aspects of investment risk, offering a holistic safety mechanism for individuals and entities looking to invest through the Debitum platform.

1. Platform Level Protection

At the foundational level, Debitum ensures regulatory compliance and financial security. Being a licensed investment brokerage supervised by the Central Bank of Latvia, it adheres to stringent European Union regulations. This compliance instills confidence among investors about the platform’s operational legitimacy.

Additionally, Debitum has an insolvency protection policy. In the rare event of platform insolvency, investors’ funds are shielded up to €20,000 by the Investor compensation scheme authorized by the Republic of Latvia.

The third aspect of platform-level security is the segregation of investor funds. Debitum assures that all invested funds are kept separate from the company’s own financials, ensuring that the investors’ money is not used for any internal business activities or to cover Debitum’s operational costs.

2. Loan Originator Level Safeguards

The second tier addresses the risks associated with loan originators. Debitum requires originators to maintain “skin in the game,” mandating them to hold a portion of the loans on their balance sheet. This ensures they have substantial risk and incentive to oversee the loans effectively.

Moreover, Debitum enforces a rigorous due diligence process on all loan originators, which encompasses business model assessment, financial checks, and ongoing monitoring of performance.

Unique to Debitum’s platform is the “Junior share” concept, which gives loan originators a subordinate position in the cash flow waterfall, prioritizing investor claims in case of defaults or insolvencies.

Furthermore, Debitum uses co-control bank accounts for loans issued by Triple Dragon and Sandbox Funding, maintaining a tight grip on the movement of funds and the quality of the loan portfolios.

3. Underlying Asset Level Assurance

The final layer of Protection Plus is focused on the underlying assets backing the loans. Debitum pledges solid collateral which may include real estate or accrued receivables, adding an extra layer of security.

Debitum has a “Buy Back obligation” policy in place, where if a loan defaults, the loan originator is bound to repurchase the loan, thus safeguarding the investor from a complete loss.

Additionally, Debitum implements late penalty charges for overdue payments, incentivizing timely repayments and adding to the overall security measures.

If default situations escalate, Debitum has partnered with Creditreform, a leading debt collection agency, to manage recoveries efficiently and effectively.

I like how specific and detailed Debitum are with this concept. After all, this is the biggest doubt that investors have before investing in a new platform. Debitum’s Protection Plus stands out as a comprehensive, multi-level investment protection framework designed to minimize risks for investors. By integrating strict regulatory adherence, due diligence, and strong collateral backing, Debitum not only promotes investment security but also demonstrates a deep commitment to its users’ financial well-being. With such measures in place, investors can engage with Debitum’s platform, assured that their investments are shielded through a thoughtful and thorough security apparatus.

Company and Team

At Debitum’s core is a team of seasoned finance industry veterans. The leadership, headed by CEO Henrijs Jansons, adeptly navigates finance, investor/partner relations, and marketing. COO Anatolijs Putņa leads platform development and HR, while CLO Gvido Bajārs oversees legal, regulatory affairs, and risk management, forming a robust operational backbone.

It should be noted that Debitum Network had a change of ownership, which is also reflected in the new way that Debitum now operates.

Specifically, in 2023, there were these changes to the ownership structure of Debitum:

• In July, the controlling ownership structure of SIA DN Operator – the legal entity of Debitum – changed. The existing CEO Henrijs Jansons remained. ^[reference]
• In September, the ownership changes of Debitum were completed after approval from the Bank of Latvia.

Previously, the ownership of Debitum platform was held by Mārtiņš Liberts. He is no longer involved or responsible in any operational decision-making.

Ready to explore the investment opportunities on Debitum? Click here to get started.

Loan Originators

The strength of a P2P lending platform depends significantly on the quality of its loan originators. Debitum has a transparent and meticulous vetting process for evaluating potential loan originators. This process analyzes the financial stability, growth potential, and professional management expertise of each originator.

Some of Debitum’s top originators include Evergreen Capital, Tripe Dragon and Sandbox Funding. They currently have loan originators from Estonia, Latvia, and the UK. These originators have passed Debitum’s stringent 4-step due diligence protocol, which reviews business plans, analyses financial statements, evaluates collateral, and conducts background checks on management. This rigorous, ongoing evaluation ensures continued alignment with Debitum’s high standards.

Each loan originator profiled on Debitum comes with a detailed overview, encompassing their operational history, financial performance, and management team. This level of transparency provides investors with a well-rounded understanding, enabling them to make informed investment decisions.

Debitum is regularly adding new loan originators, so you can expect a solid pipeline of investing opportunities.

Asset-Backed Securities

On Debitum, investors can invest in Asset-Backed Securities (ABS), which pool multiple loans into a single asset, providing an extra layer of diversification and security.

An asset-backed security (ABS) represents a financial instrument that gains its value from a pool of loans. The purpose of creating an ABS is to offer investors a secure and predictable investment option with fixed terms and income. By utilizing a pool of loans as collateral, the ABS ensures stability and repayment by replacing loans that mature or become overdue during their lifespan.

The loans included in this pool share similar characteristics, such as the loan originator and type, which may encompass factoring, trade finance, business loans, agro-loans, and car leasing. Although there may be variations in the loans’ start dates, maturity periods, and nominal values, their collective performance directly impacts the investment.

The success of this investment model relies on the performance of all loans in the pool and the loan originator’s expertise in loan origination. Through careful management of these factors, investors can potentially benefit from a reliable and rewarding investment opportunity in asset-backed loans.

Getting Started on Debitum

Getting started investing on Debitum is straightforward:

1. Create an account and complete identity verification. This is a quick and simple process.
2. Deposit funds via bank transfer. Debitum provides account details to route the deposit quickly.
3. Browse current investment options like business loans or ABS. The platform organizes opportunities clearly.
4. Select investments that match your criteria and allocate funds. The auto-invest feature (to be reactivated soon) will automate this.
5. Manage investments and withdraw profits. The user dashboard provides easy access to monitor performance.

User Interface and Experience

Debitum boasts a user-friendly interface, designed with an intuitive layout to ensure a seamless user experience. The platform provides easy access to vital information, investment options, and account settings, making it easy for both novice and seasoned investors to navigate and manage their investments.

Customer Support

Support is available through the standard phone, email and chat. I typically use chat and email, with a preference for chat when I have a quick and simple question. I’ve had good results whenever I messaged them during European office hours, and outside of those hours an email does the trick, with a reply being received within the next day or two.

Personal Experience and Returns

My investment trajectory on Debitum has been marked by a consistent yield performance, even amidst the economic turbulence induced by the COVID-19 pandemic during 2020 and 2021, where my average annual yields were of around 9%. This narrative underscores the platform’s robustness and its capability to deliver competitive returns, reflecting positively on its long-term viability.

Risks

Debitum is one of the few platforms that clearly spell out the risks to investing in P2P lending, and you can check those out on this page on their site. I’ll try to put it simply here by using analogies.

Investing on Debitum is a bit like embarking on a treasure hunt where the map is well-detailed but the terrain is unpredictable. Just like any treasure hunt, there’s a chance you won’t find what you’re looking for. Here, the treasure is your potential earnings, and despite having a good map in the form of Debitum’s protective measures, there’s still the chance of running into unexpected trouble.

Think of Debitum’s investments like planting a garden. You’ve got good tools and quality seeds (the protective layers and due diligence), but sometimes nature has other plans. A sudden storm (a loan default) or pests (market volatility) can harm your budding plants (your investments). And if the biggest plant (a loan originator) gets sick and can’t be saved by the garden’s first aid kit (the buyback obligation), it might affect the whole garden’s health.

In short, Debitum sets you up with a safety kit for your investment journey, but it can’t control the weather or the wildlife. You’re more protected than going it alone, but you should only pack into your investment basket what you can afford to adventure with.

External Reviews

Most reviews, especially since the change in ownership, are positive. Many investors like to use Trustpilot as a source of independent reviews. Although I don’t personally put too much weight on Trustpilot reviews, in this case, we can definitely say that the sentiment on Trustpilot about Debitum is a positive one.

Since the change in ownership has been fairly recent, I expect more investor reviews to be available in the coming months, so from this aspect, it’s worth noting that other platforms probably have more independent information and reviews available at the moment.

This is also one of the reasons (I suspect) why Debitum makes a special effort to really describe its offering in the best way possible, also outlining possible risks. This is good for the investor, as investor discontent almost always is the result of either investing in something they didn’t properly understand (and having a negative outcome) or malpractice from the platform’s side, which thankfully has become uncommon in the last couple of years, compared to the wild west early years of P2P lending.

What Sets Debitum Apart

Several key factors differentiate Debitum from other P2P lending platforms:

• Strict focus on asset-backed business loans, enhancing security
• Robust 90-day buyback guarantee and late repayment penalties
• One of only four licensed platforms in Europe currently
• Strong track record of zero defaults over 5+ years
• High XIRR of 11.44% reflecting profitability of its loan portfolio
• Transparent and meticulous vetting of loan originators

The combination of prudent risk management, regulatory compliance, and consistent returns makes Debitum stand out.

Alternatives to Debitum

While Debitum offers a robust and secure platform for P2P lending, investors might also consider exploring other platforms to diversify their investment portfolio. Some notable alternatives include:

1. Mintos: A well-established P2P platform known for its wide range of loan originators and investment opportunities.
2. PeerBerry: Known for its user-friendly interface and a good variety of short-term loan opportunities.
3. Bondora: Offers a range of investment products and has a long-standing history in the P2P lending space.
4. EstateGuru: Specializes in real estate-backed loans, providing a different asset class for diversification.

Conclusion

Debitum has all the signs of a reputable P2P lending platform, offering a conducive ecosystem for investors to channel funds into sustainable business loans. The platform’s stringent safety measures, transparent loan originator selection, and dedicated team are its hallmarks, instilling confidence in the investment community.

The yield on Debitum, although slightly trailing some counterparts, is offset by the emphasis on asset-backed lending and robust safety mechanisms, significantly enhancing the security quotient of investors’ funds.

With a simplified onboarding process, a promising outlook on the reactivation of the auto-invest function, and a diversified range of investment options, Debitum is currently looking like one of the most user-friendly and secure investment platforms in Europe. If you’re looking for passive income through higher-risk investments, you should definitely take a look at this platform.

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Invest with Lonvest

When investing in European P2P lending platforms, it’s important to maintain a healthy level of diversification across said platforms, but also to always be on the lookout for new (and perhaps better) platforms to allocate to. Lonvest is one platform that fits the bill, having launched in 2023 in Croatia.

The platform has already issued 280K worth of loans with an average rate of 13% and it’s growing quite fast.

Let’s dive into the nuances, strengths, weaknesses, and unique features of this platform.

Introducing Lonvest

Like its counterparts in the Peer-to-Peer lending sector, Lonvest offers a platform where investors have the opportunity to funnel their funds into loans, collaborating with other investors, and aiming for periodic interest. As mentioned, the platform was launched in 2023 and it’s registered in Croatia.

The main components of the team, on the other hand, are Ukrainian, and they are by no means newcomers to the P2P lending scene. The team has run lending platforms successfully in multiple countries for around 10 years, and this is simply a new twist or addon to a model that they have perfected over the years.

Loan Originators

I mentioned that Lonvest is the latest innovation from a team that has been in this business for many years, and that is why this platform is not an aggregator of loan originators, but rather a way of accessing the loan originators of the parent group – Space Crew Finance group. The group runs loan originators in Sri Lanka, Poland, Philippines and Vietnam.

While this may limit the amount of loans on offer on the platform, as an investor I know that there is direct responsibility of the quality of the loans, and Lonvest is not simply relying on 3rd party loan originators, all with their own systems, due diligence and market risks.

Loan origination fees typically range from 0.5% to 1% of the loan amount. These costs won’t be a surprise at the end of the term because they are typically determined before the loan payment is approved.

Expected Returns on Lonvest

Your earnings on Lonvest are contingent on your chosen investments. Based on the data from their in-house loan originators, the platform boasts potential annual returns of up to 13%, and they project an average annual yield of 12% for their investors.

This aligns with averages across several of its peers, and it’s something I’m keen on exploring further.

How to Invest with Lonvest

Setting up an account and making your first investment on Lonvest is remarkably straightforward, making it one of the most user-friendly platforms currently available. Here are the steps to get started:

1. Fill out the short initial registration form.
2. Complete the easy KYC process with Veriff – you just need an ID and to take a selfie.
3. Add funds to your account via bank transfer, reflected in your account within 2 days.
4. Choose one of the automated investment strategies (options starting from just 30 days).

You can make a minimum investment of €10, which in reality is only practical for testing out the platform. Most investors will deposit a few hundred/thousand euros to diversify suitably across the loans and geographies available.

Usability of the Platform

The team’s experience in the tech sector instantly showed when I started using the Lonvest platform. Everything works flawlessly, and it’s an easy process to register and get everything in order and ready to invest.

Moreover, the site is available in 3 languages: English, Spanish and German. I was able to verify the content in English and Spanish and found it to be easily understandable with no major issues. The blog is currently only available in English, but translations are on the way.

Safety Features of Lonvest

All loans on Lonvest come with both a buyback guarantee and a group guarantee. This ensures that if a borrower defaults, the loan originator will intervene, purchasing the loan and ensuring investors are reimbursed. This safety net is a staple among many platforms and is pivotal for securing your investments.

Given Lonvest’s oversight of its loan originators, investors can gain additional assurance. Their commitment to security is also evident in their embrace of AI-driven identity verification and adherence to GDPR protocols.

As mentioned, while not a security feature, the loan originators (part of the SpaceCrew Finance group) on this platform have a long positive track record.

Since Lonvest is based in Croatia, where there is no regulatory compliance need, this is not something that we can rely on for Lonvest. However, the reason why they chose this route is to launch rapidly, and they are in the process of also obtaining a European license as a financial platform.

The Team

In my experience, the biggest risk factor in this game is having an inexperienced team that doesn’t really has a good playbook, or is either too focused on the financial side, or on the tech side.

The founder of Lonvest, Roman Katerynchyk, started off his career by launching a tech outsourcing company that still exists, and he organically became familiar with the financial side of things by providing services and helping manage existing finance platforms in Ukraine. This gives him a rare mix of competencies in both the financial and tech sectors. At the end of the day, P2P lending platforms need a sound financial system behind them, and rely on the tech side to keep ahead of other players, including banks, and fulfill an uncovered need for investors and borrowers.

All other members of the team have their own years of experience, and Lonvest clearly displays the main figures behind the platform, with links to their Linkedin profiles where you can check out their experience and judge for yourself.

In addition, I can also share that I’ve met the founder Roman, and he has left a very good impression on me. He is a responsible person with lots of passion for this industry, and indeed is very knowledgeable both on the tech and finance side. Since these two sectors have always interested me and I also have years of experience in them, we had a very good conversation. In particular, I enjoyed learning about the way that he orchestrates Lonvest’s entrance in new markets, which is pretty impressive and requires a lot of moving parts that act in concert to make sure that money is made on the loans, while at the same time respecting the borrowers and their financial situations. This shows me that the team at Lonvest is not only good at generating returns but also has a very high ethical standard.

Liquidity

You can invest in short-term loans of 30 days, and Lonvest employs a buyback guarantee which means that you can sell back the loans within the 30-day period without incurring any penalties. This is a really positive point about this platform.

Support

I’ve interacted with support in English and got my questions answered cordially and professionally with no problems of any sort. Lonvest has a bot that can help you find answers to your questions easily, and if that is not enough, you can speak to an agent via live chat or get a reply over email.

Unique Points

One of the ways that Lonvest intends to differentiate itself from the rest of P2P platforms is by being very transparent about its operations. They plan to be very communicative with their investors and help educate them if they are newbies to this space. The Lonvest blog, or “Lending Insights”, proves to be a highly interesting read, and so far they are keeping to their promise by publishing regular and very interesting content, including interviews, news about the P2P lending space, and educational articles.

Things to Improve

There are several obvious things that should be improved, like for example the introduction of a secondary market and more languages on the site. However, given that this is a new platform it’s completely normal that those things are still being built out.

It would also be ideal to have a wider range of loans in terms of geography and loan originators. This is a double-edged sword though. If you only include your own loan originators in the platform, you can control things better and the lenders can trust your track record. This is currently the case with Lonvest. On the other hand, you can open the platform up to other loan originators, which brings more options to borrowers, but less control over loan quality and dependence on the performance of third parties.

Therefore I think that as long as Lonvest can keep the loan pipeline flowing, it’s perfectly acceptable to only offer loans from the loan originators within the same group.

Alternatives to Lonvest

There are many players in the space, but here are a few good alternatives if you’re trying to diversify across multiple P2P platforms

• Peerberry – One of the biggest P2P lending platforms that has been around for a number of years already.
• EstateGuru – A top choice if you want to diversify your lending portfolio into real estate loans in addition to consumer loans.
• Mintos – Probably the most well-known and trusted European P2P lending platform.

Conclusion

While Lonvest is technically a new P2P lending platform, the company and team behind it are anything but new to the lending space. They have had a ton of success for over 10 years, and I have full confidence that this will be a good platform to allocate going forward.

Lonvest offers good returns while treating borrowers fairly and offering a really nice interface for investors. I also look forward to seeing the educational material that Lonvest have promised to release in the coming months, as this would make it one of the best platforms for investors new to P2P lending.

Invest with Lonvest

In an era of economic volatility and historically low interest rates, innovative financial platforms have sought to offer individuals novel avenues for growing their wealth. Nibble.Finance, an Estonia-based affiliate of the IT Smart Finance (ITSF) group, is one such platform. Its approach is distinct: the platform enables investments in short-term microloans, a type of peer-to-peer (P2P) lending. This review will delve into the functionalities, user interface, security measures, and overall investment proposition of Nibble Finance.

The platform was founded in 2020, and IT Smart Finance Group is the holding company, while Joymoney is well-known as a credit company, and they are all linked.

The average interest rate obtained by more than 8,000 investors using the platform is 12%. More than €2m has been invested in the platform so far, proving that Nibble has been accepted by the general investor community in Europe.

The website is available in English, German, Spanish and Italian, catering for a big chunk of investors in their native language.