Value Nomad

May 22, 2019

Debitum Network Review (Peer to Peer Lending)

Debitum Network review: this post will cover details about one of the fastest growing peer to peer lending platforms.

Are you a new investor and looking for a reliable peer to peer lending platform to start with or an experienced one and interested in balanced investments? In this Debitum Network review we will discuss about how to invest in this platform as well as why this platform is a great option for both new and experienced investors.

debitum network review

Debitum.Network: Overview

You probably have already come across with the name Debitum Network if you are searching for a peer to peer lending platform to invest or to get a loan to finance your business. Debitum.Network is a blockchain ecosystem that connects investors with borrowers performing different steps of the lending process.

Debitum Network is growing fast since the day it started its peer to peer lending service and has already provided investment worth of more than 17 million Euro. It currently has 1124 registered investors and offers an average interest rate of 9.49%. As stated by the World Bank, 70% of emerging micro and small to medium businesses lack credit. Considering this, this Lithuania based ICO Pitch Award-winning lending platform has become the light of hope for entrepreneurs allowing them to become a part of its ecosystem.

Let’s learn more below in our Debitum.Network review about what the platform has to offer and how to invest in using it.

Opening an Account on Debitum Network

Opening an account on Debitum Network is the first step of becoming a part of this platform. To open an account, you need to fill up details on its signup page and within a few minutes you will receive an email requesting you to verify your email address.

Once you verify your email, your account will be activated and you can start exploring the platform. This few minutes of work will give you access to all information related to the projects available for investment. It also enables you to analyze whether investing in this platform will be beneficial to you or not.

Click here to open an account on Debitum.Network

How to invest in Debitum Network

Like most of the peer to peer lending platforms, investing on Debitum Network is an easy and simple procedure. At first, you need to pass KYC and deposit money to your Debitum account. Once the money is available in your account, you can start investing in different projects. To select a project, you can either go through each and every available option or use the three credit score filters to find projects of your preferred level. Additionally, Debitum Network has an auto-invest feature that is described later in this article.

Types of investment available at Debitum Network

Debitum Network allows its investors to invest only in short-term loans to SMEs. Providing short-term financing to SMEs, lenders can reduce the risk of default as well as enjoy fast turnover and compounding interest.

debitum network review loans

Debitum Network Auto Invest Tool

Debitum Network has recently added auto-invest feature, a tool that is considered to be a game changer in the field of peer to peer lending platforms. If this feature is enabled, it automatically invests on projects that match the criteria set by the investor. The investor is in full control of making any change to the previously set criteria and can disable this feature any time he wants. This amazing feature saves time doing all the hard work and ensures quick reinvestment of credit to give a boost to the interest earned.

How much can you earn on Debitum Network?

How much you can earn investing in this platform depends on the projects you have invested in. In Debitum Network, lenders indicate the amount of money they need, acceptable interest rate and some other information while applying for loans. Lenders with low credit scores tend to offer higher interest rates. So, if you are willing to invest in higher risk loans, you can earn an interest rate up to 15% in this platform. The last time we checked, the average interest rate was 9.49%, which is quite attractive.

You need to consider how much your bank will charge you to deposit money to your Debitum account and the amount of DEB tokens required to facilitate each transaction while calculating total income.

Who can invest in Debitum Network?

There are no such criteria that need to be met to become an investor in Debitum Network. Anyone with enough money and consent to go through some processes can invest in this platform. This platform functions creating a hybrid connection between fiat and crypto, therefore, the investors can invest as well as withdraw money in form of their preferred currency.

Debitum.Network Pros

  • Most of the projects offer buyback guarantee.
  • Investors from around the globe can invest.
  • Investors can invest using fiat as well as crypto.

Debitum.Network Cons

  • Only short-term investments to SMEs are available.

Debitum Network Review: Verdict

Investors thinking of investing on a peer to peer lending platform should definitely consider investing on Debitum Network. Because of the buyback guarantee associated with most of the projects available here, if a borrower fails to pay off in time, the loan originator will pay the principal as well as the incurred interest to the lender. That’s why it is a great platform for new P2P lenders to start with.

This platform is a great option for experienced P2P lenders as well. It is a great option to diversify and earn up to 15% investing in various projects.

Other Crowd Investing Resources

For those looking for other similar peer to peer platforms to invest, you may want to read some of our other reviews. There are many peer to peer lending and investing platforms currently available, and you can diversify your interest income by using several of them simultaneously.

You can consider some other peer to peer companies checking our Mintos review and our Grupeer review. Check our post on the best peer 2 peer lending platforms in Europe, and the best real estate crowdfunding platforms in Europe.

Are you already investing in Fixura or in any other peer to peer lending platform? Leave your thoughts and questions about this Fixura review below.

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