Item: Profitus
Rating: 4.8
Author: Crowdinform

PROFITUS is one of the most ambitious and fastest-growing crowdfunding platforms in the Baltic region. As a crowdlending service, it is as a mediator between those who want to invest and those who want to receive funding. "Profitus" carries out risk assessments of the owner and Real Estate projects, administers the financing process, advises on the market. The company's business is subject to the highest requirements, it is maintained by the Bank of Lithuania. The investment opportunities provided on the PROFITUS platform are always secured by a mortgage. PROFITUS raises money for the development of real estate projects and other business loans; however, in all cases, the borrower must pledge real estate as a guarantee to the investors. The activities of the platform operator PROFITUS are supervised by the Bank of Lithuania.

Basic information

12262 investors

1655 projects funded

252506693.32 EUR funded amount

Licence/regulation: Profitus has Crowdfunding service provider licence and supervised by the Bank of Lithuania.

For Investors

Minium investement: 100 EUR

trending_down Default Rate: Late - 3.39%, Recovering -1.83%

Average Returns: 11.41% - XIRR; 10.09% - Average interest rate

Functionality

Autoinvest: Yes

Deal rating: Yes

Secondary market: Yes

Payment provider: Lemonway

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Useful Information

How does Profitus work?

Profitus operates as a real estate crowdfunding platform where people can invest in real estate projects by providing loans to property developers. On the other hand property developers can raise funding from a crowd of investors without asking banks for funding.

What investments does Profitus offer?

Via Profitus was financed 1655 property projects for the amount of €252,506,693.32. As of 2025-03-01, our active loan portfolio consists of: €60.9 million in Lithuania, €8.5 million in Latvia, €1.4 million in Spain, and €5.9 million in Estonia.

What is a risk when investing on Profitus?

When investing on Profitus you should evaluate two risks. The first risk is a risk of default meaning that the project owner will not be able to repay the loan on time. Profitus financing is short-term 12/ 18 months which is a very short term for a development project thus it might indicate that the business model is to not repay loans from sales but from refinancing loans - which is not a very good idea and might lead to serious risks if no one wants to refinance. But till now the proportion of nonperforming loans is 2.55% which is very low..

The second risk is money loss during default. Loans are secured with property so you need to make sure that property value is sufficient to repay your loan in case of default. Profitus provides certified appraisal reports for each poverty which gives you an indication of potential property value.