Debitum Investments (formerly Debitum Network) is a P2P marketplace based in Latvia and regulated by the local financial supervisory authority. What makes Debitum special is its unique positioning in the P2P lending environment, as it is regulated, follows a marketplace model and offers buyback-secured business loans.
Transfer money to your account via bank transfer or TransferWise - funds typically arrive in less than 2 days
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Manage options
Unfortunately, PeerBerry does not support Apple or Google Pay, requiring a manual money transfer. You may also need to wait a while for the funds to appear in your account.
The ViaSMS Group has also issued bonds via the NASDAQ OMX Baltic in Tallinn. This is accompanied by high transparency requirements, which in turn benefit us investors: We have access to audited annual reports,which are (somewhat belatedly) available online. This gives us a better insight into the state of Viainvest’s parent company. In my experience, the platform is a leader in terms of transparency in the P2P sector.
There are always loans available on the platform, which means that our investment results depend on our investment choices only.
There is no guarantee and a loan that is not repaid will be a total loss for you. Such losses can be avoided or at least offset with a good preliminary check and strong interest rates. Loans are backed by collateral, such as property with the provider Estateguru or agricultural machinery, grain and co. with Lande. If the agreed repayment does not materialise, this collateral is collected or sold and the loans and interest are repaid.
The buyback guarantee covers both the capital and the accrued interest. To date, Viainvest has always honored this obligation.
“I’ve been using PeerBerry for over 3 years now and it’s remained reliable through market ups and downs.
Most investors use automated investing, which means that new loans are often funded quickly. If you choose to invest manually, you can typically only select from remaining loans, often with lower interest rates.
The losses were easily recouped in retrospect and the Group continues to focus on growth. It should be noted that the Group has always been profitable despite its expansion – with the exception of 2020, the year of the pandemic. The Ukraine crisis did not affect the platform either. The ViaSMS Group does not grant loans in either Ukraine or Russia and was therefore not affected by the Russian attack. A third ‘
b) Geopolitics; in a worst case scenario of viainvest worsening geopolitical climate-im thinking specifically Eastern European countries, what effect would that have on Latvian or Lithuanian investments and would it be a safer option to concentrate more on central European offerings?
For our investment, we receive very high interest rates of up to 13 per cent with a standard term of 6 months for personal loans. In my experience, this period is a sweet spot for consumer loans, as longer and shorter terms each come with their own problems. The borrowers come from Sweden, Latvia, Poland, Romania, the Philippines, Vietnam and the Czech Republic. An average of 315 euros per loan is financed via Viainvest. All in all, the Latvian company raises 9.6 million euros in loans per month!
Due to the close connection between the P2P platform and the Via SMS Group, which has been in the market for years, it can be assumed that we are dealing with a reputable platform here.