Review of Debitum

At InvantAPPs, we like to analyse crowdlending and crowdfunding without mincing our words, and after travelling to Riga in person to visit their headquarters, our views on the platform have taken a radical turn. We have to admit it: we used to see strict regulation as a bureaucratic burden that largely served to reduce investors" returns, but being there has completely changed our perspective. In Spain, the regulator and the tax authorities are often perceived as the "enemy’ out to get you, driven purely by a desire to raise revenue and imposing obstacles that make life difficult for start-ups. In Latvia, the political reality is the exact opposite. There, the regulatory bodies do not seek to bankrupt or crush companies; they work side by side within a framework of constructive cooperation to provide stability, transparency and a level playing field. The CEOs of competing platforms themselves cooperate with one another rather than trying to destroy each other, recognising that a strong, regulated ecosystem protects them all from situations that could undermine collective trust.

It is true that maintaining this IBF licence under the European MiFID II directive requires an administrative effort which inevitably results in slightly lower interest rates for us. However, given the current macroeconomic climate, this slight loss in profitability is a price we are happy to pay in exchange for impeccable institutional stability and a scheme offering genuine protection of up to €20,000 per investor against insolvency.

Another factor that motivated us to increase our investment in this P2B crowdlending platform was a crucial corporate change that took place in March 2026: Ingus Janums, the sole shareholder and beneficial owner of the company, stepped up and took on the role of CEO. In business, we love to apply a guiding principle: we invest where the board of directors puts their own money on the line. Knowing that the owner is directly at the helm and feels the full brunt of every outcome brings a remarkable alignment of interests to the platform. This philosophy translates into an unprecedented level of transparency; the company has set a new benchmark by publishing not only its audited annual results for 2025, but also the audited financial statements of all its credit-originating partners.

As for the performance of our actual portfolio in the channel, the figures underscore the strength of the project. In April 2026, we were managing a position of €6,600, and by June we had confidently increased this to over €9,400, setting ourselves the medium-term target of achieving a buffer of between €15,000 and €20,000. Debitum Investments has a global active portfolio of €67.43 million and a historical default rate of 0% as at July 2026. Its portfolio focuses on commercial loans backed by the real economy. We were able to visit the operations of its flagship originators, Latvian Forest (part of the Blatman Fund) and Baltic Terra, at the port of Riga. In northern Europe, timber is a veritable religion; forests cover between 40% and 75% of the land area, and the material provides thermal insulation up to 15 times better than concrete, ensuring an inexhaustible and counter-cyclical flow of business.

But as we’re always honest, you need to be aware of the real caveats before you learn how to start investing in Debitum. The platform has no secondary market or early exit option, which means your capital will be locked away until the exact maturity date of the notes. Furthermore, the buyback guarantee does not fall directly on the platform’s balance sheet; rather, it is a contractual buyback obligation of each originator (such as SIA Sandbox Funding), subject to a penalty of up to 15% in late payment interest if they fall behind, which deters them from defaulting. In the past, they experienced a minor delay of Triple Dragon, but corporate communication was impeccable and transparent. Finally, bear in mind the mandatory 5% withholding tax at source for eurozone residents. To start trading successfully, you simply need to register, pass the identity verification process and activate their Auto-Invest feature, or manually select short-term notes (such as the attractive 3-month notes at 11% interest) or take full advantage of their 15% annual rates if you achieve 'Pro' status in their loyalty programme.