Digilo Review 2026

What it is

Digilo is a very new Latvian lending platform. Private investors lend to Latvian small businesses and self-employed people, and every loan is secured on Latvian property or land. The money pays for ordinary business needs, not for building projects. It opened to investors in spring 2026 and funded its first loan in June 2026. By October 2026 it had funded 7 loans worth €133,446 in total and had 251 registered investors. This is a new platform with very little data so far.

How it works

You choose loans yourself or use the automatic investing tool, which invests in loans that match your settings, including how much is lent against the property. The minimum is €150 per loan. Loans run for 12 to 36 months. You lend directly to the borrower under a loan contract; the platform arranges the loan and collects the repayments. With only a handful of loans on offer, spreading your money widely is not yet possible.

Returns

Digilo shows an average annual return of 10.89% (October 2026). This is the average interest rate written into the 7 loans, weighted by size, not a result investors have already received. Interest actually paid out so far totals €1,801.79. Rates on new loans have ranged from 9% to 12% a year (June to October 2026), and the home page gives a target range of 9% to 12%. The average has eased from 11.61% in August 2026 as newer loans were priced lower.

Losses and defaults

No loan has defaulted so far, and the statistics page shows a default rate of 0.00% (October 2026). That figure says very little yet. The oldest loan was about four and a half months old, loans run for up to 36 months, and there are only 7 of them. Digilo does not define when a loan counts as defaulted, does not say what the rate is measured against, and publishes no figures for late loans, losses or recoveries. The group behind the platform says it has lost no capital in more than 15 years of its own lending before Digilo, but this is not independently checked.

What secures your money

Every loan is secured by a mortgage on Latvian property or land. The chief executive has said loans are kept at no more than 60% of the property's value (July 2026); the terms themselves set no maximum and state the loan-to-value for each project. Property can be valued by an independent appraiser. The mortgages are registered in the name of a collateral agent, CSP Assets SIA, which acts for investors. That company is wholly owned by the platform's operator, had €2,800 of share capital and was flagged in the Latvian tax register as an inactive taxpayer from May 2026. If a borrower does not pay, the property can be sold at auction and the money shared among investors; this has never yet been tested on the platform. There is no buyback, no reserve fund, no insurance and no compensation scheme. In plain words: you rely on the property and on a small company inside the same group to enforce it for you.

Who runs it and its licence

The platform is run by CSP Growth Solutions SIA (registration number 40203585248, Riga), set up on 30 August 2024 with €57,000 of share capital and one employee in 2025. It is authorised by Latvijas Banka, the Bank of Latvia, as a crowdfunding service provider under the EU crowdfunding regulation since 16 September 2025 (licence 27-10/2025/222), which allows it to serve investors across the European Economic Area. No regulator action against Digilo was found. In 2019 Latvia's consumer protection authority fined a Latvian lender reported to belong to the founding group €50,000 for an unfair practice aimed at people in financial difficulty; the fine was upheld on appeal and paid in 2022. Digilo publishes no audited accounts.

Fees

Investors pay nothing to use the platform, and deposits are free. A fee of €1 may be deducted from each withdrawal to your bank. The terms allow Digilo to pass on charges from its payment provider if they are listed in its price list, which is not published. Digilo earns from the borrowers.

Getting your money out

You cannot sell early. There is no secondary market: the platform's own risk warnings say any message board is not one and that a buyer may not be found, and passing a loan to someone else needs Digilo's written agreement. Your money comes back as the borrower repays, over up to 36 months, or earlier if the borrower repays early. Cash not yet invested can be withdrawn.

Our view

Return: High — the loans carry an average interest rate of 10.89% a year (October 2026). Risk: Low (higher means more risk) — no loan has defaulted, but this is a new platform with little data: 7 loans, the oldest under five months old, and an undefined default figure; on its own the 0% would be Very Low, the lowest level, and we set risk one step worse (higher risk), to Low, because there is no buyback or reserve fund and the company holding the mortgages is a tiny company owned by the platform. Risk-return: High — a high interest rate on property-secured loans, judged on what exists so far.