European Financing Platform Debitum Reports Solid Start to 2023

The team at Debitum notes that platform performance in February reveals a solid start of the year.

New Loan originator – Flexiadea Polska – assets are “available for investments; increased rates for existing Loan Originators; improvements of the platform (‘About us’ section rebuilt); new deposits inflow and more investors who appreciate investing in secured business loans in a regulated environment.”

In February 2023, Debitum offered “to place investments in 12 ABS programs consisting of 202 loans.”

At the end of February, the total number of assets “exceeded 40 programs -> 41 ABS programs with altogether 509 business loans financed or available for financing.”

As noted in a blog post, the total amount of funding “increased by almost 2 mil EUR.” The number of new users “continued to grow at an increasing rate – 81 new active investors joined Debitum in February”

In February, the volume of new funds on the Debitum platform “increased by 800 000 EUR which is the increasing and positive tendency of inflow of new funds on Debitum.”

The money invested in ABS assets in February “altogether was 1.3 mil EUR which is the largest increase in a year.” The total money invested in February “was 61.6 mil EUR.”

In February, TRIPLE DRAGON “maintained the leading position in terms of the proportion of investments made in assets.”

FLEXIDEA POLSKA “stepped in and took 5.5% of total investments.” They expect “to see the growth of popularity of the FLEXIADEA POLSKA assets in the upcoming months.”

The average interest rate “for all assets available rocketed up to 9.76% p.a. and they expect to experience this positive tendency as well in the next months.”

In February. the amount of interest “paid to investors was 33 029 EUR.”

Debitum reminds clients that their earnings “may be higher or lower than expected.”

As clarified in the update, investing “puts your capital at risk.” Any indicated return “does not guarantee the same future performance.”

For more details on this update, check here.


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