Profitus

Profitus is a Lithuanian real estate investment platform that holds a ECSP crowdfunding investment license from the National Bank of Lithuania. The platform was launched in August 2018. Profitus offers investors access to business loans and real estate loans in Europe, with the majority of the investments being from Lithuania (87.6%), followed by Latvia (8.89%), Estonia (2.73%), and Spain (0.77%).

Both individuals and legal entities can invest on Profitus. The eligibility criterion to become an investor on the platform is to have a bank account.^[1] Since its launch, Profitus has raised more than €264 million, with an average monthly volume of  €8 million in the past 12 months.^[2] The platform boasts a community of over 44,000 investors.^[3]

• Investments start at €100, with loans secured by real estate mortgages and possibly personal guarantees.
• Among the active campaigns, investments range from €200,000 to €850,000, with 11 to 24 months duration.
• Profitus advertises a historical return on investment (XIRR) 11.4%.

Profitus is a real estate crowdfunding platform that offers investments in real estate loans and business loans backed by real estate and categorized into three products:

• Real estate development projects
• Business loans secured by real estate
• Real estate rental projects

Loans are secured with real estate mortgages and may be backed by personal guarantees.^[4] The platform pays interest quarterly, and the principal is returned at the end of the term. Investments start at €100. Profitus offers a secondary market and an auto-invest feature.

Among the active campaigns, investments range from €200,000 to €850,000, with loan durations spanning from 11 to 24 months.^[5] Profitus does not withhold tax on interest earnings. It is up to investors to comply with their respective country’s tax regulations.

Profitus advertises a historical return on investment (XIRR) 11.4%.^[6] Since launching, the platform has returned a total of €181 million to its investors which represents slightly more than 70% of its loan portfolio. Profitus reports that 2.77% of the loans in its portfolio are considered late with only 1.79% being in recovery. The platform does not explicitly specify when a loan is considered late. Based on their statistics page they seem to classify written-off loans or investments lost as Other at 0% .^[7]

​Investors do not incur any platform usage or account administration fees, but there is a transfer of claim fee when investors need to sell their investments on the secondary market. Profitus applies various fees to fundraisers, such as 0-1% for application administration, 2-5% (minimum €1,300) for contract conclusion, 0.1-0.2% (minimum €1,300) monthly for contract administration, and additional fees. Profitus generates revenue from the fundraiser fees.^[8]

Viktorija Cijunskyte is the founder and current director of Profitus and the co-founder of the PropTech Lithuania association, promoting technology in real estate. Before Profitus, she founded and chaired Victory Funds and has been a partner at UAB CITUS Constructions since 2016. Her extensive investment and construction experience makes her a key figure in Lithuania’s real estate sector. At her side, Lina Maskoliūnė, Chief of Strategic Growth, was previously the Business Unit Director for Technopolis Plc in Vilnius from July 2013 to May 2021, and the Managing Director at Technopolis Ozas. She also served on the Board at NT Valdos UAB. Bianka Semaškė is the platform’s Chief Technology Officer.

The company behind the platform is UAB "Profitus Crowdfunding", founded in 2017 and headquartered in Vilnius, Lithuania. UAB "Profitus Crowdfunding" has not disclosed its financial statements.^[9]

1. Profitus: “Who ca become an investor on Profitus platform?”
2. P2PMarketdata: “Profitus Statistics”
3. Profitus: “Investor community”
4. Profitus: What loans are funded on the Profitus platform?”
5. P2PMarketdata: “Profitus Open Campaigns”
6. P2PMarketdata: “Profitus Statistics - Avg. Nominal Interest Rate”
7. Profitus: “Statistics - Loan portfolio”
8. Profitus: “Fees”
9. Registru Centras: “UAB ‘Sutelktinio finansavimo platforma ‘Profitus’, code 304570552’”

Profitus is a Lithuanian real estate investment platform that holds a ECSP crowdfunding investment license from the National Bank of Lithuania. The platform was launched in August 2018. Profitus offers investors access to business loans and real estate loans in Europe, with the majority of the investments being from Lithuania (87.6%), followed by Latvia (8.89%), Estonia (2.73%), and Spain (0.77%).

Both individuals and legal entities can invest on Profitus. The eligibility criterion to become an investor on the platform is to have a bank account.^[1] Since its launch, Profitus has raised more than €264 million, with an average monthly volume of  €8 million in the past 12 months.^[2] The platform boasts a community of over 44,000 investors.^[3]

• Investments start at €100, with loans secured by real estate mortgages and possibly personal guarantees.
• Among the active campaigns, investments range from €200,000 to €850,000, with 11 to 24 months duration.
• Profitus advertises a historical return on investment (XIRR) 11.4%.

Profitus is a real estate crowdfunding platform that offers investments in real estate loans and business loans backed by real estate and categorized into three products:

• Real estate development projects
• Business loans secured by real estate
• Real estate rental projects

Loans are secured with real estate mortgages and may be backed by personal guarantees.^[4] The platform pays interest quarterly, and the principal is returned at the end of the term. Investments start at €100. Profitus offers a secondary market and an auto-invest feature.

Among the active campaigns, investments range from €200,000 to €850,000, with loan durations spanning from 11 to 24 months.^[5] Profitus does not withhold tax on interest earnings. It is up to investors to comply with their respective country’s tax regulations.

Profitus advertises a historical return on investment (XIRR) 11.4%.^[6] Since launching, the platform has returned a total of €181 million to its investors which represents slightly more than 70% of its loan portfolio. Profitus reports that 2.77% of the loans in its portfolio are considered late with only 1.79% being in recovery. The platform does not explicitly specify when a loan is considered late. Based on their statistics page they seem to classify written-off loans or investments lost as Other at 0% .^[7]

​Investors do not incur any platform usage or account administration fees, but there is a transfer of claim fee when investors need to sell their investments on the secondary market. Profitus applies various fees to fundraisers, such as 0-1% for application administration, 2-5% (minimum €1,300) for contract conclusion, 0.1-0.2% (minimum €1,300) monthly for contract administration, and additional fees. Profitus generates revenue from the fundraiser fees.^[8]

Viktorija Cijunskyte is the founder and current director of Profitus and the co-founder of the PropTech Lithuania association, promoting technology in real estate. Before Profitus, she founded and chaired Victory Funds and has been a partner at UAB CITUS Constructions since 2016. Her extensive investment and construction experience makes her a key figure in Lithuania’s real estate sector. At her side, Lina Maskoliūnė, Chief of Strategic Growth, was previously the Business Unit Director for Technopolis Plc in Vilnius from July 2013 to May 2021, and the Managing Director at Technopolis Ozas. She also served on the Board at NT Valdos UAB. Bianka Semaškė is the platform’s Chief Technology Officer.

The company behind the platform is UAB "Profitus Crowdfunding", founded in 2017 and headquartered in Vilnius, Lithuania. UAB "Profitus Crowdfunding" has not disclosed its financial statements.^[9]

1. Profitus: “Who ca become an investor on Profitus platform?”
2. P2PMarketdata: “Profitus Statistics”
3. Profitus: “Investor community”
4. Profitus: What loans are funded on the Profitus platform?”
5. P2PMarketdata: “Profitus Open Campaigns”
6. P2PMarketdata: “Profitus Statistics - Avg. Nominal Interest Rate”
7. Profitus: “Statistics - Loan portfolio”
8. Profitus: “Fees”
9. Registru Centras: “UAB ‘Sutelktinio finansavimo platforma ‘Profitus’, code 304570552’”

Profitus is a Lithuanian real estate investment platform that holds a ECSP crowdfunding investment license from the National Bank of Lithuania. The platform was launched in August 2018. Profitus offers investors access to business loans and real estate loans in Europe, with the majority of the investments being from Lithuania (87.6%), followed by Latvia (8.89%), Estonia (2.73%), and Spain (0.77%).

Both individuals and legal entities can invest on Profitus. The eligibility criterion to become an investor on the platform is to have a bank account.^[1] Since its launch, Profitus has raised more than €264 million, with an average monthly volume of  €8 million in the past 12 months.^[2] The platform boasts a community of over 44,000 investors.^[3]

• Investments start at €100, with loans secured by real estate mortgages and possibly personal guarantees.
• Among the active campaigns, investments range from €200,000 to €850,000, with 11 to 24 months duration.
• Profitus advertises a historical return on investment (XIRR) 11.4%.

Profitus is a real estate crowdfunding platform that offers investments in real estate loans and business loans backed by real estate and categorized into three products:

• Real estate development projects
• Business loans secured by real estate
• Real estate rental projects

Loans are secured with real estate mortgages and may be backed by personal guarantees.^[4] The platform pays interest quarterly, and the principal is returned at the end of the term. Investments start at €100. Profitus offers a secondary market and an auto-invest feature.

Among the active campaigns, investments range from €200,000 to €850,000, with loan durations spanning from 11 to 24 months.^[5] Profitus does not withhold tax on interest earnings. It is up to investors to comply with their respective country’s tax regulations.

Profitus advertises a historical return on investment (XIRR) 11.4%.^[6] Since launching, the platform has returned a total of €181 million to its investors which represents slightly more than 70% of its loan portfolio. Profitus reports that 2.77% of the loans in its portfolio are considered late with only 1.79% being in recovery. The platform does not explicitly specify when a loan is considered late. Based on their statistics page they seem to classify written-off loans or investments lost as Other at 0% .^[7]

​Investors do not incur any platform usage or account administration fees, but there is a transfer of claim fee when investors need to sell their investments on the secondary market. Profitus applies various fees to fundraisers, such as 0-1% for application administration, 2-5% (minimum €1,300) for contract conclusion, 0.1-0.2% (minimum €1,300) monthly for contract administration, and additional fees. Profitus generates revenue from the fundraiser fees.^[8]

Viktorija Cijunskyte is the founder and current director of Profitus and the co-founder of the PropTech Lithuania association, promoting technology in real estate. Before Profitus, she founded and chaired Victory Funds and has been a partner at UAB CITUS Constructions since 2016. Her extensive investment and construction experience makes her a key figure in Lithuania’s real estate sector. At her side, Lina Maskoliūnė, Chief of Strategic Growth, was previously the Business Unit Director for Technopolis Plc in Vilnius from July 2013 to May 2021, and the Managing Director at Technopolis Ozas. She also served on the Board at NT Valdos UAB. Bianka Semaškė is the platform’s Chief Technology Officer.

The company behind the platform is UAB "Profitus Crowdfunding", founded in 2017 and headquartered in Vilnius, Lithuania. UAB "Profitus Crowdfunding" has not disclosed its financial statements.^[9]

1. Profitus: “Who ca become an investor on Profitus platform?”
2. P2PMarketdata: “Profitus Statistics”
3. Profitus: “Investor community”
4. Profitus: What loans are funded on the Profitus platform?”
5. P2PMarketdata: “Profitus Open Campaigns”
6. P2PMarketdata: “Profitus Statistics - Avg. Nominal Interest Rate”
7. Profitus: “Statistics - Loan portfolio”
8. Profitus: “Fees”
9. Registru Centras: “UAB ‘Sutelktinio finansavimo platforma ‘Profitus’, code 304570552’”

Profitus is a Lithuanian real estate investment platform that holds a ECSP crowdfunding investment license from the National Bank of Lithuania. The platform was launched in August 2018. Profitus offers investors access to business loans and real estate loans in Europe, with the majority of the investments being from Lithuania (87.6%), followed by Latvia (8.89%), Estonia (2.73%), and Spain (0.77%).

Both individuals and legal entities can invest on Profitus. The eligibility criterion to become an investor on the platform is to have a bank account.^[1] Since its launch, Profitus has raised more than €264 million, with an average monthly volume of  €8 million in the past 12 months.^[2] The platform boasts a community of over 44,000 investors.^[3]

• Investments start at €100, with loans secured by real estate mortgages and possibly personal guarantees.
• Among the active campaigns, investments range from €200,000 to €850,000, with 11 to 24 months duration.
• Profitus advertises a historical return on investment (XIRR) 11.4%.

Profitus is a real estate crowdfunding platform that offers investments in real estate loans and business loans backed by real estate and categorized into three products:

• Real estate development projects
• Business loans secured by real estate
• Real estate rental projects

Loans are secured with real estate mortgages and may be backed by personal guarantees.^[4] The platform pays interest quarterly, and the principal is returned at the end of the term. Investments start at €100. Profitus offers a secondary market and an auto-invest feature.

Among the active campaigns, investments range from €200,000 to €850,000, with loan durations spanning from 11 to 24 months.^[5] Profitus does not withhold tax on interest earnings. It is up to investors to comply with their respective country’s tax regulations.

Profitus advertises a historical return on investment (XIRR) 11.4%.^[6] Since launching, the platform has returned a total of €181 million to its investors which represents slightly more than 70% of its loan portfolio. Profitus reports that 2.77% of the loans in its portfolio are considered late with only 1.79% being in recovery. The platform does not explicitly specify when a loan is considered late. Based on their statistics page they seem to classify written-off loans or investments lost as Other at 0% .^[7]

​Investors do not incur any platform usage or account administration fees, but there is a transfer of claim fee when investors need to sell their investments on the secondary market. Profitus applies various fees to fundraisers, such as 0-1% for application administration, 2-5% (minimum €1,300) for contract conclusion, 0.1-0.2% (minimum €1,300) monthly for contract administration, and additional fees. Profitus generates revenue from the fundraiser fees.^[8]

Viktorija Cijunskyte is the founder and current director of Profitus and the co-founder of the PropTech Lithuania association, promoting technology in real estate. Before Profitus, she founded and chaired Victory Funds and has been a partner at UAB CITUS Constructions since 2016. Her extensive investment and construction experience makes her a key figure in Lithuania’s real estate sector. At her side, Lina Maskoliūnė, Chief of Strategic Growth, was previously the Business Unit Director for Technopolis Plc in Vilnius from July 2013 to May 2021, and the Managing Director at Technopolis Ozas. She also served on the Board at NT Valdos UAB. Bianka Semaškė is the platform’s Chief Technology Officer.

The company behind the platform is UAB "Profitus Crowdfunding", founded in 2017 and headquartered in Vilnius, Lithuania. UAB "Profitus Crowdfunding" has not disclosed its financial statements.^[9]

1. Profitus: “Who ca become an investor on Profitus platform?”
2. P2PMarketdata: “Profitus Statistics”
3. Profitus: “Investor community”
4. Profitus: What loans are funded on the Profitus platform?”
5. P2PMarketdata: “Profitus Open Campaigns”
6. P2PMarketdata: “Profitus Statistics - Avg. Nominal Interest Rate”
7. Profitus: “Statistics - Loan portfolio”
8. Profitus: “Fees”
9. Registru Centras: “UAB ‘Sutelktinio finansavimo platforma ‘Profitus’, code 304570552’”

Profitus is a Lithuanian real estate investment platform that holds a ECSP crowdfunding investment license from the National Bank of Lithuania. The platform was launched in August 2018. Profitus offers investors access to business loans and real estate loans in Europe, with the majority of the investments being from Lithuania (87.6%), followed by Latvia (8.89%), Estonia (2.73%), and Spain (0.77%).

Both individuals and legal entities can invest on Profitus. The eligibility criterion to become an investor on the platform is to have a bank account.^[1] Since its launch, Profitus has raised more than €264 million, with an average monthly volume of  €8 million in the past 12 months.^[2] The platform boasts a community of over 44,000 investors.^[3]

• Investments start at €100, with loans secured by real estate mortgages and possibly personal guarantees.
• Among the active campaigns, investments range from €200,000 to €850,000, with 11 to 24 months duration.
• Profitus advertises a historical return on investment (XIRR) 11.4%.

Profitus is a real estate crowdfunding platform that offers investments in real estate loans and business loans backed by real estate and categorized into three products:

• Real estate development projects
• Business loans secured by real estate
• Real estate rental projects

Loans are secured with real estate mortgages and may be backed by personal guarantees.^[4] The platform pays interest quarterly, and the principal is returned at the end of the term. Investments start at €100. Profitus offers a secondary market and an auto-invest feature.

Among the active campaigns, investments range from €200,000 to €850,000, with loan durations spanning from 11 to 24 months.^[5] Profitus does not withhold tax on interest earnings. It is up to investors to comply with their respective country’s tax regulations.

Profitus advertises a historical return on investment (XIRR) 11.4%.^[6] Since launching, the platform has returned a total of €181 million to its investors which represents slightly more than 70% of its loan portfolio. Profitus reports that 2.77% of the loans in its portfolio are considered late with only 1.79% being in recovery. The platform does not explicitly specify when a loan is considered late. Based on their statistics page they seem to classify written-off loans or investments lost as Other at 0% .^[7]

​Investors do not incur any platform usage or account administration fees, but there is a transfer of claim fee when investors need to sell their investments on the secondary market. Profitus applies various fees to fundraisers, such as 0-1% for application administration, 2-5% (minimum €1,300) for contract conclusion, 0.1-0.2% (minimum €1,300) monthly for contract administration, and additional fees. Profitus generates revenue from the fundraiser fees.^[8]

Viktorija Cijunskyte is the founder and current director of Profitus and the co-founder of the PropTech Lithuania association, promoting technology in real estate. Before Profitus, she founded and chaired Victory Funds and has been a partner at UAB CITUS Constructions since 2016. Her extensive investment and construction experience makes her a key figure in Lithuania’s real estate sector. At her side, Lina Maskoliūnė, Chief of Strategic Growth, was previously the Business Unit Director for Technopolis Plc in Vilnius from July 2013 to May 2021, and the Managing Director at Technopolis Ozas. She also served on the Board at NT Valdos UAB. Bianka Semaškė is the platform’s Chief Technology Officer.

The company behind the platform is UAB "Profitus Crowdfunding", founded in 2017 and headquartered in Vilnius, Lithuania. UAB "Profitus Crowdfunding" has not disclosed its financial statements.^[9]

1. Profitus: “Who ca become an investor on Profitus platform?”
2. P2PMarketdata: “Profitus Statistics”
3. Profitus: “Investor community”
4. Profitus: What loans are funded on the Profitus platform?”
5. P2PMarketdata: “Profitus Open Campaigns”
6. P2PMarketdata: “Profitus Statistics - Avg. Nominal Interest Rate”
7. Profitus: “Statistics - Loan portfolio”
8. Profitus: “Fees”
9. Registru Centras: “UAB ‘Sutelktinio finansavimo platforma ‘Profitus’, code 304570552’”