LANDE AI Overview on 09/2025

Lande Platform Overview 🌾📈

Lande is a Latvian EU-regulated crowdlending platform specializing in secured agricultural loans. It connects private investors with farmers, offering high returns (~10–12% p.a.) backed by real collateral. Key advantages include tight collateral (farmland/machinery, LTV ~40–60%) and EU farm subsidies for added security. The platform stresses strict vetting (loan acceptance ≈5%) and low official default rates (<5%). Regulated by the Latvian central bank under ECSPR/MiFID II, it holds an EU-wide license (granted Feb 2024). Main risks: agricultural sector volatility (weather, prices), borrower defaults, and illiquidity (loans are locked until maturity, no deposit insurance). Diversification across projects is strongly advised.

Lande Product Offering 📄💰

• Loan Type: Fixed-interest agricultural loans (crowdlending). Funds go to farmers for land, livestock, machinery or working capital.

• Returns: Advertised 10–14% p.a. (e.g. 11.2% target). Interest is paid monthly to investors. Actual experienced yields (reported by users) have been around 8–10% (after platform fees).

• Structure: Each project is a debt instrument (no equity or buyback). Lande itself originates the loans via its lending arm, and applies its own credit scoring. Loans typically run 1–3 years (many recent loans ~26–36 months). If desired, investors can sell loans early on Lande’s secondary market.

• Collateral: Loans are secured by tangible assets (farmland, machinery, harvest). This means property liens or equipment pledges cover ~40–60% of the loan value. In default, collateral is used for recovery. EU subsidy streams also help ensure farm solvency.

• Focus/Geography: Primarily EU farmers (Latvia, Lithuania, Romania). Projects outside these markets are limited. In mid-2025 Lande began offering selected non-farm loans as well. No lending outside Europe is advertised.

• Metrics: Minimum investment is €50 per loanl. There is no stated maximum (loans are fully funded by investors). Sample projects show ~10–12% annual return, terms 26–36 months, and LTV ~35–56%.

• Risks: The main risks are borrower default and sector risk. Farming is seasonal and weather-dependent; poor harvests or price swings can impair repayment. Loans lack any buyback or guarantee, and investments are illiquid (funds locked until maturity, as noted in FAQs). Loss of capital (partial or total) is possible if collateral value falls.

Lande Company, Team & Regulation 🏢

Lande traces its roots to Edgars Tālums and Nikita Gončars (ex-Latvijas Hipotēka), who founded a farm lending firm in 2008 and later launched the P2P platform in 2020. Today the business is run by SIA LANDE Platform (Latvia) based in Riga. CEO Nikita Gončars remains the driving force and majority owner (≈88.6% stake). Other shareholders include Vauban Nominees (≈4.6%), platform investors (≈4.5%) and BadIdeas Fund (≈2.2%). The compact management team features Nikita Goncars (CEO), a Chief Legal Officer (Jānis Laiviņš), business development and country leads for Latvia, Lithuania and Romania (e.g. Haralds Neimanis, Ligita Dikšiene).

Strategic partners: Lande uses Lemon Way (French payment provider, regulated by ACPR) and BNP Paribas for segregated investor accounts. It holds a Pan-European Crowdfunding Service Provider license (authorized by Latvijas Banka on 07/02/2024) and thus operates under EU supervision (ESMA) across the bloc. Lande publishes audited annual reports and is subject to standard banking and financial regulations. (No regulatory sanctions or compliance issues are reported.) There are no known subsidiaries – all lending is done through the platform.

Company Volumes and Results 📊

• Total Volume: ~€42 million funded to date(as of mid-2025). This includes 1641+ loans issued.

• Projects & Repayments: Of 1641 funded loans, 854 have been fully repaid and ~591 remain active. In July 2025 alone, €1.62M was lent across 45 new projects. Loan repayment pace is tracked monthly (e.g. €726,667 principal repaid in July 2025, €18.5M all-time).

• Investors: Over 9,160 investors are active on Lande. New sign-ups remain steady (117 joined in July 2025).

• Defaults/Losses: Lande reports 76 loans in default (≈4.6% of projects) with about €1.892M unrecovered. Separately, ~€2.2M of loans are 5–30 days late, €0.6M are 31–60 days late, and €1.25M are 60+ days late. These figures imply cumulative overdue/default of ~12% of volume. (Alternative data suggests ~6% of projects may be delinquenti) Investors have earned €3.25M interest all-time (by July 2025). Earlier reports noted €1.51M interest by May 2024. Lande itself reports having generated ~€1M profit for its investors on €20M lent (by early 2024).

• Investor Returns: Advertised yields are ~11% p.a. In investor testimonials, actual attained yields were often 8–10% (e.g. one user gained 8% over 2022–23). Average portfolio returns depend on loan mix; no formal “average ROI” is published.

Risk Approach and Management ⚠️

Lande emphasizes strict credit control and collateral. Each applicant farm undergoes thorough due diligence (review of financials, harvest yields, subsidy eligibility) before listing. Only ~5% of loan applications pass this filter. The platform then scores and structures the debt (no unsecured loans). Project selection heavily favors hard collateral: land and machinery are prioritized, while riskier collaterals (crops, livestock) are used less frequently. For example, all loans issued in May 2024 were backed by either land or machinery.

Geographically, Lande loans only EU-based farmers (currently Latvia, Lithuania, Romania). This limits cross-border risk. Borrowers legally pledge collateral (often with personal guarantees) so in theory collateral sale can recoup defaultsl. Lande also holds client funds in segregated trust accounts (BNP/LemonWay) and publishes regular portfolio statistics and audited financialsl.

For monitoring, investors can view live loan status via dashboard; Lande issues monthly “Platform Performance” reports with detailed repayment and collection data. When loans go delinquent, a structured collection process is triggered: reminders, bailiff actions and legal enforcement as needed. (In July 2025, several >90-day loans were placed with bailiffs for enforcemen.) Lande is also exploring crop-insurance partnerships (e.g. with VH Hagel) to mitigate yield risk. Overall, the platform claims default rates under 5% due to these controls, though some independent reviewers note a few percent of loans become non-performingi.

Platform Functionality 🛠

Lande provides modern investment tools. An Auto-Invest feature lets users set filters (by interest rate, term, LTV, collateral type, country, schedule, etc.) and automatically spread funds across qualifying loans. A Secondary Market is available: investors may sell/transfer loan claims to others for liquidity. The web dashboard (desktop/mobile) shows each investor’s virtual IBAN (via LemonWay) and portfolio breakdown. Performance metrics (total invested, interest, repayment timeline) are viewable in real time; periodic platform-wide statistics are published online.

Supported currencies: only EUR (all loans are euro-denominated). The platform website supports multiple languages (English, German, Latvian, Lithuanian, Romanian, Spanish, French) for accessibility. No mobile app is offered; users invest via web. There are no extra tools (no buyback guarantee, but debt reports and FAQ pages guide investors). Customer support is reportedly responsive (with Telegram chat and email). Lande does offer promotions (e.g. 1–3% cashback for new users).

Platform Pricing 💰

Investor fees: None. Lande charges no sign-up, management, or exit fees to investors. There are “no hidden fees” – investors simply receive interest net of the normal loan costs.
Borrower fees: To fund its operations, Lande charges borrowers a one-time origination (brokerage) fee up to about 10% of the loan and an annual service/administration fee (typically 1–4% per year on outstanding balance). These fees are built into the interest rate offered to farmers. Detailed fee structures appear in Lande’s annual reports (brokers see up to 10% success fee and 1–4% monitoring fees).
All fees are clearly disclosed (Lande’s FAQ confirms no investor fees). The site also runs occasional bonus programs: for example, new investors may get 1–3% cash-back on investments made soon after joining. Lande publishes its pricing policy to maintain transparency; no ambiguous commissions or surprise charges are reported.

Negative Publicity about Lande 🚫

Lande has generally positive reviews, but some red flags emerge from investor feedback. On Trustpilot (4.0/5 from 49 reviews) users praise transparency and support, but several note issues. Common complaints include withdrawal delays and verification hurdles(e.g. one investor struggled to cash out due to IBAN/verification errors) and late or unpaid loans. For instance, a few investors report many loans running 30+ days overdue or stuck in default with little action. Critics say Lande’s debt collection is slow: warning letters are sent, but recovery takes “forever” unless courts intervene.

Independent reviews caution that ≈5–6% of projects become late or default (higher than advertised). Some investors feel project updates are infrequent and full recoveries aren’t guaranteed. No regulatory or legal sanctions have been issued against Lande, but these client reports suggest risk: ILiquid loans, delayed repayments, and lack of buyback have caused frustration. We advise investors to stay alert: spread investments widely and monitor project repayments.

Lande Success Stories 🌟

Lande’s growth has been notable. In its first year (2020) it financed ~€10M for farmers and expanded steadily across the Baltics. By February 2024 Lande had originated €20M in loans and paid €1M profit to investors. As of mid-2025, loan volume exceeds €40M and interest earned by investors hit €3.25M. The platform says it has empowered 1,500+ farmers to grow their businesses (tilling new land, buying machinery) while providing passive income to users.

Recognition: Lande won the FinTech Abu Dhabi Baltic States Award 2021. It secured its EU crowdfunding license in early 2024. The team has scaled up – adding a Romania country director (July 2025) and marketing staff to fuel growth. Lande is also innovating (it now offers careful non-agri loans as of 2025and is discussing crop-insurance partnerships to bolster securityl). Investor testimonials (from bloggers) highlight double-digit returns and stable monthly payouts. The company became profitable in 2023 (first full-year profit) and uses its monthly “performance reports” to keep investors informed. These milestones suggest a maturing platform with increasing scale and infrastructure.

Is the LANDE safe and regulated?

LANDE is authorized as a European Crowdfunding Service Provider under EU Regulation 2020/1503 and supervised by Latvijas Banka. Client money is handled via safeguarded accounts with an EU payment institution. Regulation improves transparency, but investments are not deposit-insured and your capital is at risk.

What returns can I expect on LANDE ?

Published loans commonly offer target interest around 10 to 14 percent per year, depending on term, collateral, and LTV. Your actual net return will depend on diversification, delays, recoveries, and cash drag. Returns are not guaranteed.

What are the main risks on LANDE?

Key risks include borrower default and recovery shortfalls even with collateral, limited liquidity if secondary demand is weak, and platform or operational risk. Agricultural exposure adds weather, disease, commodity price, and policy risks. Diversify across many loans, countries, and collateral types, and size positions prudently.