Debitum Review 2026: Why It Scores 60% Match

The 60-second version

Debitum is a Riga-based platform offering notes backed by SME invoices and short-term receivables. It holds a MiFID II licence from Latvijas Banka, which brings up to EUR 20,000 compensation on eligible claims against the firm, though no compensation scheme covers borrower defaults. The platform advertises around 11.4% average returns, with a EUR 10 minimum and auto-invest available. A 2026 independent investigation flagged concentration on related business networks and noted five CEOs in three years. Our editorial line: we watch this one and wait for more operating data before moving it higher.

Capital at risk. Debitum offers no protection against borrower defaults, and realised returns may run below advertised figures. This review reflects data recorded in January 2026 and represents editorial opinion, not financial advice.

How the five criteria score

Debitum holds a MiFID II licence from Latvijas Banka, which is the strongest regulatory framework in our table. The licence brings up to EUR 20,000 compensation on eligible claims against the firm itself, such as mis-sold products or client money errors. No compensation scheme covers borrower defaults, which is where most P2P losses occur. The MiFID II framework requires capital adequacy, conduct rules and periodic reporting, all of which lift this score into green territory.

Debitum has operated since 2017 and reports no systemic payment freeze. A 2026 independent investigation raised questions about concentration on related business networks, which creates a single point of failure if one network encounters trouble. The platform has seen five CEOs in three years, which signals management instability. We score execution in the amber band and wait for more quarters of stable operation before considering an upgrade.

Debitum advertises around 11.4% average returns. Realised returns on most European platforms run one to four percentage points below the advertised figure, depending on defaults, early repayments and secondary market discounts. Debitum publishes aggregate statistics but does not break out cohort-level performance, which makes it harder to verify the advertised figure. We score return honesty at 60 and recommend checking the dashboard for recent quarters before committing funds.

The 2026 independent investigation flagged concentration on related business networks and questioned the clarity of ownership ties. Five CEOs in three years suggests either strategic pivots or internal challenges, and neither builds confidence in structural stability. Debitum publishes loan-level data but does not always make it easy to trace the ultimate beneficiaries or network connections. This criterion pulls the overall match score down and is the main reason Debitum sits in amber rather than green.

Debitum offers a secondary market where investors can sell notes to each other, plus auto-invest for new funds. Secondary market depth varies with platform activity and note maturity. Withdrawals depend on finding a buyer or waiting for the note to mature, which can take weeks or months. We score liquidity in the amber band, reflecting the existence of tools but noting that exit is not instant.

Who it suits and who should pass

Debitum suits investors who value the MiFID II licence and are comfortable waiting for more quarters of stable execution before the platform moves higher in our ranking. The low minimum and auto-invest tools make it easy to diversify across many notes, which is essential given the concentration questions raised in 2026.

Pass if you need immediate clarity on ownership and originator networks, or if you want a platform with a long track record of stable management. Mintos and Capitalia both score 80% match and offer stronger structural transparency. Maclear sits at 65% and operates under a Swiss SRO registration, with one CEO since launch and transparent ownership.

How Debitum compares