AI-Powered Analysis: Rontgen Platform

Overview of Rontgen Platform 🏠

Rontgen is a Lithuania-based real estate crowdfunding platform (run by UAB Trečia diena) that connects retail and institutional investors with developers via secured loans. Investors lend money to property development projects in exchange for fixed interest (typically ~6–12% annual yields). Key advantages include strict project selection, first-mortgage collateral on real estate, and EU regulatory oversight. The platform is licensed by the Bank of Lithuania under the EU Crowdfunding Regulation【4†】. Rontgen markets itself on transparency and conservative underwriting (users report detailed project reports and conservative risk filters). Key risks include borrower default or delays (though Rontgen notes only one delayed loan in 7+ years), property value drops, and illiquidity (funds are typically locked until loan maturity). Retail investors appreciate the low minimum (100 EUR) and asset-backed security, but should remember investments are not deposit-insured (see “Crowdfunding Risks”). As of 2025, Rontgen reports a large community (>20,000 users) and nearly €251 M funded in total, reflecting rapid growth.

Rontgen Product Details 🏗

Rontgen offers loan-based investments, not equity. Borrowers (real estate developers or other businesses) raise funds via the platform, and investors fund secured loans on projects. All loans are backed by first-ranking real estate mortgages and require detailed business and legal vetting. Returns are generated as the borrower repays principal plus interest when a project completes or is refinanced. Typical loan maturities are short (most projects ~6–18 months, often ~12 months), with advertised interest rates around 6–12% p.a.. Investment limits are flexible: minimum €100, no formal maximum per investor. Developers usually issue installment draws tied to construction milestones, and Rontgen retains funds in escrow until work completion. In case of delays, Rontgen can extend the loan (with penalty interest) or initiate foreclosure on the pledged property. Sector focus is mainly residential and commercial real estate (in Vilnius, Kaunas, etc.), though Rontgen recently launched an aviation equipment fund and occasionally lists infrastructure or energy loans. Geography is primarily Lithuania (Eurozone) with occasional EU projects (e.g. a Finnish resort). Investors should note no buyback or insurance is provided; instead, the safety net is the property collateral. Platform fees for investors are minimal (no subscription, only 2% on any secondary-market sale), and all pricing is disclosed on Rontgen’s site.

Rontgen Company Background 🏢

Rontgen is operated by UAB Trečia diena (company code 304211859), founded in 2017 and headquartered in Vilnius. It was co-founded by real estate entrepreneurs Paulius Lavrukaitis and Gediminas Sirvidas (of Bolds Property Partners). In 2019, Baltic real estate firm Newsec acquired a stake and joined Rontgen’s board, boosting credibility. Today Rontgen’s CEO is Martynas Stankevičius (also a shareholder) and the team includes financing and compliance specialists. In 2024 Rontgen’s affiliated Ketvirta diena obtained a fund management license (Rontgen Asset Management), showing expansion into funds (aviation, private debt).

Legally, Rontgen’s platform activities are authorized by the Bank of Lithuania as a European Crowdfunding Service Provider (ECSP). Trečia diena UAB holds license LB002210 (effective Sep 12, 2023) to operate the platform. The platform is supervised by the Bank of Lithuania and must comply with strict transparency and continuity rules. Rontgen’s terms allow both Lithuanian and foreign retail and professional investors, and also enable corporate (juridical) accounts. No regulatory sanctions or warnings have been reported – Rontgen maintains an active license and a “business continuity plan” for investor protection. Partner relationships include institutional co-investors: several banks and funds have participated in financing projects on Rontgen. In summary, Rontgen’s corporate structure and licensing meet EU P2P norms, with transparent governance and no known compliance red flags.

Rontgen Volume and Results 📈

Rontgen has rapidly grown since launch. Total funded volume exceeded €240 M by late 2025 (Rontgen homepage: €250.98M as of 2025). In 2024 investors funded €65.4 M (a record, up 17% from 2023); 2023 saw ~€54 M funded. To date the platform has financed 606 project tranches (loans to phases of developments). Active investors number roughly 4,938 (distinct lender accounts) with >22,000 total registered users. In the latest reports Rontgen claims over 20,000 community members. The default/overdue rate is negligible: only 1 loan is currently late (out of 606), and the historic non-performing loan rate is essentially 0%. (The sole late case was resolved by selling off the claim – see below.)

Investor returns have been solid yet conservative. Average annual yield across Rontgen loans has been around 8–9% (e.g. ~9.2% in H1 2022). Rontgen advertises project interest rates of ~6–12%, and recently suggested investors may earn ~6–9.5% in current market conditions. Over its history the platform has paid out €11.3 M in interest to lenders. Trustpilot feedback is highly positive: Rontgen averages 4.7/5 stars (based on 65 reviews) with 94% of investors satisfied. As of 2025, average investment sizes are large (Rontgen reported ~€19,500 in 2022) indicating many professional and institutional investors on the platform. The largest single investor contribution has reached over €3.6 M. In summary, Rontgen’s track record to date includes strong growth in funded volume, a growing user base, and very low loss rates.

Rontgen Risk Management ⚠️

Rontgen emphasizes strict risk controls. It claims to screen only about 5% of project applications (≈1 in 20), meaning most potential loans are rejected. Due diligence includes full review of the developer’s track record, financials, business plan, and legal title to the property. Lawyers check contracts, and Rontgen performs a stress-test on the collateral (e.g. can the property still cover the loan if prices drop sharply). They even call project stakeholders for “soft due diligence” (developer ethics, ability to execute). Each approved project is given a risk rating (A, A-, B, etc.), with most investor demand concentrated on A/A- (lowest-risk) loans.

Monitoring continues post-funding: Rontgen releases funds in tranches against work certificates and can pause or stop financing if developers violate terms. All projects require property insurance (insured in favor of investors) to guard against damage. If a borrower defaults, Rontgen has legal powers (via pledge agreements) to initiate foreclosure and recovery. The process is overseen by Rontgen’s team, relieving investors from collection duties. Importantly, management reports only two delayed loans in 7+ years – both cases were resolved by recovery actions, so no principal was lost. Overall, Rontgen’s risk framework (collateralization, legal structures, continuous oversight) is stronger than most unsecured crowdlending, but investors must still assess the possibility of total loss (if property cannot cover all claims).

Rontgen Platform Functionality 🤖

Rontgen’s web platform is designed for both novice and professional investors. Key features include a user-friendly investor dashboard showing current loans, returns, account balance, and portfolio status. The interface provides detailed project presentations (financials, photos, plans) to help analysis. Rontgen supports diversification via its multiple projects – users can spread funds across dozens of loans. Notably, Rontgen offers auto-invest and a secondary market: investors can set automated filters to allocate funds or sell existing claims to other users. Secondary trades incur a 2% seller fee but allow some liquidity. Accounts are denominated in EUR and the platform is bilingual (English and Lithuanian). Mobile app availability is indicated by some sources, though trading is mainly via the website. Rontgen also provides periodic reports and tax statements for investors’ convenience. There are no special insurance or buyback programs beyond what each project’s collateral provides; instead, Rontgen’s value lies in its platform tools (auto-invest, analytics) and legal safeguards.

Rontgen Pricing and Fees 💸

Rontgen is very transparent with fees. Investors pay almost nothing: account registration and use of the platform are free. The only investor fees are a modest 2% fee on any secondary sale of a loan claim and a €1 monthly charge only if making more than one withdrawal (per Rontgen terms). There are no ongoing service or exit fees for lenders.

By contrast, fundraisers (borrowers) pay for access: Rontgen charges an application fee (0–1% of requested funding) and a success fee of 2–5% on the amount raised. These fees cover platform usage and due diligence. Other costs (notary, appraisal, mortgage registration) are borne by the borrower. All fees and penalties (e.g. for early repayment or default) are clearly listed in Rontgen’s published schedule. In summary, the pricing model is straightforward: retail investors incur no hidden charges, while project owners pay a reasonable commission on funds raised.

Negative Publicity about Rontgen ⚠️

We found no major scandals or sanctions tied to Rontgen. Overall media coverage and reviews are positive, and there have been no regulatory warnings. The main risk event was one delayed loan: in early 2022 a 3.8 M EUR loan for the “Gelvonų Terasos” project became stalled due to permitting issues. Rontgen staff took the project to court and ultimately sold the loan claim to a private buyer, enabling full repayment of investors (including €590k of interest/penalties). Importantly, investors did not lose money. Apart from that, minor investor complaints (e.g. questions on social media about late repayments) have been rare and usually resolved by Rontgen’s customer service. We found no publicized criticisms or lawsuits against Rontgen. In short, aside from routine project delays (common in real estate), Rontgen has maintained a clean reputation with no red-flag news in financial press or regulatory bulletins.

Rontgen Success Stories 🌟

Rontgen has several notable milestones and partnerships. In 2019 it secured a strategic investment from Newsec (a Baltic real estate services firm). This partnership not only boosted capital but also industry trust: Newsec joined Rontgen’s board and endorsed its conservative approach. By 2024 Rontgen had become the second-largest Lithuanian crowdfunding platform (54 M EUR funded in 2023, ~18,000 users). To serve bigger investors, Rontgen’s group company obtained a fund management license (Rontgen Asset Management) in 2024, immediately launching a Rontgen Aviation Fund (in Jan 2025) targeting aircraft assets. Other successes: record fundraising months (July 2025: €11M in one month) and long-term investor returns (over €5M paid in interest during 2024). Rontgen has also funded a number of high-profile developments (large apartment complexes in Vilnius and Kaunas). The platform has earned industry recognition by consistently meeting growth targets: e.g. growing funded volume 2.5× from 2020 to 2021. In short, Rontgen’s track record includes strong growth, institutional partnerships, and the launch of new investment products – all positive signals for investors.

Is Rontgen safe and regulated?

Yes. Rontgen’s operator (Trečia diena UAB) is licensed by the Bank of Lithuania (license LB002210, Sept 2023) under the EU Crowdfunding Regulation. The platform is supervised by the national central bank and must follow strict transparency rules. Note that investments are not covered by deposit insurance.

What returns can I expect?

Historically, Rontgen loans have averaged about 8–9% annual returns. Current projects are typically offering ~6–10% (5–12% on some riskier deals). Actual return depends on the specific loan’s interest rate. In 2024 Rontgen guided investors to expect roughly 6–9.5% in today’s market. Keep in mind past performance is not a guarantee; interest rates have varied with market conditions.

What are the main risks?

Principal risk is borrower default. While every loan has a mortgage, if the collateral’s sale price falls short, investors could lose money. Other risks: project delays or cost overruns, which can postpone repayments. Property market downturns can reduce collateral value. Also, loans are illiquid and cannot be recalled on demand. Finally, as a relatively new platform, there is operational risk (e.g. if Rontgen itself faced trouble); however, the company has a regulator-approved continuity plan. Investors should diversify and only invest funds they can lock up for the loan terms.