- Funded Since August 2018
- €44.32m
- Avg. Nominal Interest Rate
- 8.68%
- Minimum Investment
- €100
- Auto Invest
- Yes
- Secondary Market
- Yes
- Ring Fence
- Yes
- Wind Down Plan
- No
- Regulated
- Yes
What is Profitus?
Profitus is operated by UAB Sutelktinio finansavimo platforma PROFITUS, based in Lithuania. Profitus is 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. It carries a Crowdfunding License from the Bank of Lithuania.
Profitus allows you to provide funding to real estate developers by investing in real estate loans. You can also apply for funding if you are a property developer yourself.
What does Profitus offer?
At Profitus, you can invest in projects denominated in EUR starting from €100. You can also set up an auto-invest feature.
Profitus 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.
Profitus Details
- Legal Company Name
- UAB Sutelktinio finansavimo platforma PROFITUS
- Business ID
- 304570552
- Main Currency
- Euro (€)
- Headquarters Location
- Lithuania
- Established Date
- July 2017
- Launch Date
- August 2018