Debitum Offers Summer Incentives to Sandbox ABS Investors
Debitum Network is a peer-to-peer lending and investment platform based in Riga, Latvia. Debitum is regulated by the Financial & Capital Market Comission (FCMC) of Latvia, which works in conjunction with Latvijas Banka (the central bank of Latvia) to oversee investment activities in Lativa. As an EU member, Latvia reports to EU regulators via the aforementioned local authorities, making Debitum a safe and reliable platform for p2p investors.
Since its founding in April of 2019, Debitum Network has amassed over 10,000 registered users who have invested a combined €72 million in just 4 years. Debitum boasts a 0% default rate, and reports an XIRR of 11.25% for 2020 through 2022. Debitum works with five loan originators: Evergreen Capital (Estonia), Flexidea (Latvia), Flexidea Polska (Poland), Sandbox Funding (Latvia), and Triple Dragon (United Kingdom). On the company website, investors can find maps for each Debitum/Loan-Originator ecosystem.
Our review of Debitum Network is a complete analysis of this impressive peer-to-peer lending platform.
Summer Bonus Program
From now till the 6th of August, 2023, Debitum is offering 2% cashback on investments originated by Sandbox Funding, Debitum CEO Henrijs Janson announced on the site's blog. The cashback program applies to "all new investments in Sandbox Funding assets," and the payment will take place "once a week." Sandbox has some very attractive ABS investment opportunities, with 12% interest rates plus 10% penalty fees. All the relevant documents are available on the website: Select Invest on the homepage, find a listing from Sandbox Funding, and select the arrow labeled "Click for more details." This will take you to a detailed investment prospectus.
In addition to the Sandbox Funding bonus program, Debitum is increasing its New Investor Bonus to 1%, increasing the total potential gains to 14%. The investor can earn a maximum interest rate of 12%, along with the 1% Affiliation Bonus, as well as 2% cashback. To make things even more attractive, Debitum is decreasing its minimum investment from €50 down to €10. This means just about anyone can "remarkably increase the passive income rate of return."
Market Type
Business Loans
Average Returns
8 - 9%
Minimum Investment
EUR 500
Signup Bonus
EUR 20
Registered users
10,000
Total funds invested
EUR 80 Million
Default rate
0%
Regulating entity
Financial & Capital Market Comission (Latvia)
Buyback guarantee
Secondary market
Payment methods
Bank Transfer
Withdrawal methods
Bank Transfer
Debitum Network is an innovative fintech platform that wishes to bridge fiat and crypto into one platform. Debitum Network is a loan originator aggregator with an 8 percent average for investors. Read our analysis on Debitums strengths and weaknesses as a peer-to-peer lending platform.
Verdict
This is great time to consider investing on Debitum Network. Why leave your money sitting in a drawer earning nothing, or in a bank account earning next to nothing, when it could be earning 14%? Debitum is a solid platform, fully regulated and audited. The investment opportunities are all ABSs, meaning they're better diversified than a standard p2p listing, and the penalty fees provide added security. Just act quickly, as the offer ends August 6th, 2023.