Review
MiFID II licence but an independent investigation flagged related-network concentration and five CEO changes in three years. We stay out.
Red list
Grade refreshed monthly
P2P lending puts your capital at risk. Returns are never guaranteed, platforms can fail, and no compensation scheme covers borrower defaults. The MiFID II licence enforces conduct rules but does not protect your principal.
Debitum is a Latvian marketplace for SME notes launched in 2017. It holds a MiFID II licence from Latvijas Banka, requires a minimum investment of EUR 10, and advertises yields around 11.4 percent with auto-invest enabled. In 2026 an independent investigation raised questions about concentration within a related network and noted five CEO changes over three years. That combination of structural concerns earns Debitum a grade D and a place on our Red list. Until disclosure improves and management stabilises, we recommend staying out.
Debitum operates under a MiFID II licence from Latvijas Banka. The licence enforces conduct and reporting standards but provides no compensation for borrower defaults. The platform offers SME notes, not direct loans, so risk sits with the investor.
Debitum has operated since 2017 and reports a track record of payments. However, five CEO changes over three years signal internal instability that undermines confidence in operational continuity.
The platform advertises around 11.4 percent. Without transparent reporting of realised returns and given the structural concerns, we cannot assess whether advertised yields match investor experience.
An independent investigation in 2026 flagged concentration within a related network. Five CEO changes in three years further indicate governance instability. These findings drive the D grade.
Debitum offers auto-invest but lacks a transparent secondary market. Exit liquidity depends on note maturity and market conditions, which may extend holding periods during stress.
Open an account, complete KYC verification, and link your payment method. Minimum deposit is EUR 10.
Browse available SME notes or enable auto-invest to allocate funds according to your risk parameters.
Track interest and principal repayments in your account dashboard. Exit relies on note maturity or manual reinvestment.
Does not fit any portfolio in 2026. The combination of related-network concentration, five CEO changes in three years, and lack of transparent performance reporting means we cannot recommend Debitum until these issues are addressed.
Alternative: investors seeking SME exposure with better structure should consider Capitalia, which holds an ECSP licence and benefits from InvestEU/EIF backing, or Mintos, which operates under a MiFID II licence with EUR 600 million in assets under management and a nine-year track record.
| Platform | Grade | Licence | Yield | Structure |
|---|---|---|---|---|
| Debitum | D | MiFID II (LV) | ~11.4% | Related-network concerns; 5 CEOs in 3y |
| Capitalia | A- | ECSP (LV) | ~10.5% | First platform under InvestEU/EIF guarantee |
| Mintos | A | MiFID II (LV) | 9-11% | EUR 600M+ AUM; 9y track record |
Yes. Debitum operates under a MiFID II licence issued by Latvijas Banka. The licence covers investment services but provides no compensation for borrower defaults.
An independent investigation in 2026 raised questions about concentration within a related network and noted five CEO changes over three years. These findings contributed to Debitum receiving a grade D.
Debitum advertises approximately 11.4 percent yields on SME notes. However, given the platform's structural concerns, realised returns may differ materially.
Debitum requires a minimum investment of EUR 10 per loan.
The D grade reflects concerns identified in a 2026 investigation: significant concentration within a related network and five CEO changes in three years. Until disclosure improves, we recommend staying out.
Debitum holds a MiFID II licence and offers a low EUR 10 entry point, but an independent investigation in 2026 raised serious questions about related-network concentration and five CEO changes in three years. Those structural and governance concerns earn a grade D. We keep Debitum on the Red list and recommend staying out until disclosure improves and management stabilises. Investors seeking SME exposure should turn to platforms with transparent ownership and stable leadership.
Maclear is the only platform in Europe we grade A+. Licensed under Swiss SRO rules, it has covered every default in full since 2022, delivers 14.5-14.9 percent yields, and offers new investors a EUR 30 bonus. See the full grade list