debitum

Founded in 2017 and based in Latvia, Debitum is a financial technology company that operates a marketplace for business finance investments. The platform connects individual and institutional investors with small and medium-sized businesses in need of short-term financing. Debitum partners with third-party loan originators who assess the creditworthiness of borrowers. Investors can then invest in asset-backed securities (ABS) composed of these business loans, aiming to earn a fixed interest rate while helping to close the SME credit gap in Europe.