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Crowdestor

Rank #41
Business Loans
Real Estate Loans
Direct Marketplace Lending
Explore Crowdestor
Funded Since February 2018
€59.17m
Minimum Investment
€50
Auto Invest
No
Secondary Market
Yes
Ring Fence
Yes
Regulated
No

What is Crowdestor?

Crowdestor runs a direct marketplace lending platform, which means it operates the "traditional" or "pure" P2P lending model and serves as an online space where borrowers can apply for loans and investors can fund projects. Crowdestor is operated by Crowdestor OÜ, headquatered in Estonia. It doesn't hold a crowdfunding or financial institution license.

Crowdestor gives you the chance to provide funding to business owners, and real estate developers by investing in business loans, and real estate loans. You can also apply for funding if you are a business owner, or a real estate developer.

What does Crowdestor offer?

At Crowdestor, you can make EUR-denominated investments starting from €50. You can also buy and sell loans on a secondary market.

Crowdestor separates investors’ funds from the platform company assets but doesn’t have a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It discloses statistics about its funded loans on a dedicated public page and shares its monthly funding volumes with P2PMarketData.

Who founded Crowdestor?

Crowdestor was launched in 2017 by Gunars Udris and Jānis Timma. They both have over 10 years of experience.

Gunars' professional background is mainly in real estate. Gunars has been, among other positions, a Managing Partner at Fundea, and a Project Manager at HH Rent. He holds a Bachelor's degree from University of Latvia in Political Science.

Jānis' professional background is mainly in energy. Jānis has been, for example, a CEO at Eco Energy Riga, and a Head of Energy Sector at BDO — an international network of public accounting, tax and advisory firms. He holds a Bachelor's degree from University of Latvia in Finance.

Crowdestor Details

Legal Company Name
Crowdestor OÜ
Business ID
14388462
Main Currency
Euro (€)
Headquarters Location
Estonia
Founded Date
December 2017
Launch Date
February 2018

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