Debitum Review 2026: MiFID II SME Platform with 11.4% Target Return

Investor Protection: 9/10

Debitum scores 9 out of 10 on investor protection because it holds a MiFID II licence issued by Latvijas Banka, Latvia's central bank and financial regulator. MiFID II is the European Union's Markets in Financial Instruments Directive, the same regulatory framework that governs securities firms, brokers and investment platforms. Platforms operating under MiFID II must meet capital adequacy requirements, follow conduct-of-business rules, maintain client money segregation and submit to ongoing supervision. This places Debitum in the highest regulatory tier among the 19 platforms we track.

MiFID II does not eliminate investment risk. It regulates how the platform operates, not whether the underlying borrowers repay. No compensation scheme covers borrower defaults on P2P lending platforms, regardless of the platform's licence type. Debitum does not offer a buyback guarantee, so investors accept the full credit risk of each SME, invoice or agricultural loan they fund. The high score reflects regulatory oversight and structural safeguards, not a promise of capital protection.

Track Record: 6/10

Debitum has operated since 2017, giving it seven years of live track record at the time of this review. The platform reports EUR 58.4 million in outstanding loans across its three loan types. This combination of mid-length operating history and moderate reported volume earns a 6 out of 10 on track record. Debitum is neither a recently launched platform with minimal history nor a decade-old incumbent with hundreds of millions in cumulative volume.

The platform does not publish a buyback guarantee, so there is no multi-year history of guarantee fulfilment to assess. Investors should verify default and recovery statistics directly with Debitum before allocating capital, as this review does not have access to granular loan performance data beyond the publicly reported outstanding volume figure.

Return Transparency: 8/10

Debitum publishes a single target return of 11.4%, which is precise and narrow. In our scoring method, a narrow advertised return range scores higher than a wide range or a missing published return because it sets clearer expectations for investors comparing platforms. Debitum's 8 out of 10 on return transparency reflects this published figure and the fact that it applies across the platform's three loan types without further segmentation by risk band or borrower category.

An advertised return is a target, not a guarantee. Actual realised returns depend on borrower repayment, default rates, recovery outcomes and the timing of reinvestment. Investors should treat the 11.4% figure as a directional indicator and verify recent performance data with the platform before investing.

Structural Clarity: 9/10

Debitum scores 9 out of 10 on structural clarity because it reports loans across three distinct asset classes - SME loans, invoice financing and agricultural loans - and states its outstanding volume as a single cumulative figure rather than a fluctuating assets-under-management snapshot. This transparency allows investors to understand what types of credit exposure they are taking and how the platform's loan book is composed. Platforms that report multiple loan types with clear cumulative volume figures score higher in our method than platforms that publish only a single AUM number or mix unrelated asset classes without disclosure.

The platform does not publish granular data on the proportion of volume allocated to each loan type, so investors cannot determine from public sources whether the majority of the EUR 58.4 million outstanding sits in SME, invoice or agricultural loans. This lack of segmentation is the reason the score stops at 9 rather than reaching the maximum 10.

Liquidity and Exit: 4/10

Debitum scores 4 out of 10 on liquidity because it has no secondary market. Once you commit capital to a loan, your money is locked until the loan matures or defaults. You cannot sell your position early, transfer it to another investor or withdraw funds before the loan term ends. This is the most significant practical limitation of investing through Debitum and the primary reason the platform's overall score sits at 36 rather than in the 40-50 range.

The minimum investment is EUR 10, which is low and allows small-scale diversification across multiple loans. However, a low entry threshold does not compensate for the absence of an exit route. Investors who may need access to their capital before loan maturity should not use Debitum or should treat any investment as genuinely illiquid for the duration of the loan term.

How Investing Through Debitum Works

1. Account opening and verification

   You register on the Debitum website and complete identity verification. The platform is regulated under MiFID II, so expect standard know-your-customer checks including ID document upload and proof of address. Verification typically completes within one to three business days.

2. Deposit funds

   You transfer euros to your Debitum account via bank transfer. The minimum investment per loan is EUR 10, so small deposits are sufficient to start. Confirm deposit methods and any fees directly with the platform before transferring funds.

3. Select loans

   You browse available SME, invoice and agricultural loans on the platform and choose which to fund. Debitum does not publish whether an auto-invest feature is available, so investors should verify whether manual selection is required or whether automated allocation across criteria is supported.

4. Hold until maturity

   Once invested, your capital is locked. Debitum has no secondary market, so you cannot sell your position early. You receive interest payments according to the loan schedule and principal repayment when the loan matures. If the borrower defaults, you may recover a portion of your capital through collection or enforcement, but no buyback guarantee applies.

Who Debitum Suits

Debitum ranks 7th of 19 in our independent review and suits investors who prioritise regulatory oversight and are comfortable with illiquidity. The MiFID II licence and the narrow 11.4% target return make the platform appropriate for European retail investors who want exposure to SME and agricultural credit within a regulated structure. The absence of a secondary market and buyback guarantee means Debitum is not suitable for investors who may need to access their capital before loan maturity or who rely on a safety net to mitigate borrower default risk.

Investors comparing Debitum to other platforms in the same regulatory tier should review Mintos and Twino, both of which also hold MiFID II licences but offer secondary markets. For investors willing to accept lower regulatory protection in exchange for liquidity, PeerBerry offers a secondary market and a buyback guarantee but operates without a regulator at the time of writing.

Verdict

Debitum scores 36 out of 50 in our independent review, ranking 7th of 19 European P2P lending platforms. It earns the Strong band primarily on the strength of its MiFID II licence from Latvijas Banka, its narrow 11.4% target return and its clear reporting across three loan types. The platform's weakness is liquidity: no secondary market and no buyback guarantee mean investors must accept both illiquidity and full borrower credit risk. Debitum is appropriate for European retail investors who value regulatory oversight and are prepared to lock capital until loan maturity. Capital is at risk, and no compensation scheme covers borrower defaults.

For a complete comparison of all 19 platforms we track, visit our full ranking.