Debitum Investments’ Year in Review 2024: People, Product, Partnerships
It’s only been a few days since we welcomed the new year, making it the perfect time to reflect on the successes of 2024 and look ahead to the opportunities 2025 has in store. Here at Debitum Investments, we’re taking this moment to celebrate what we’ve achieved together and to share our vision for the year ahead with Debitum Investments’ Year in Review 2024.
This is probably not the first Year in Review you’ve seen this year (we’re not trying to compete with your Spotify’s Wrapped here). But it’s a special one for Debitum Investments.
Why? From leadership changes to surpassing €27.4 million in outstanding investments, 2024 was a special year both for us and our investors.
What made it all possible? Let’s dive into the year’s key highlights, the steps we took to get here, and our plans for 2025.
This Time a Year Ago
Where were we this time one year ago?
At a different office, with a different team, setting clear (yet quite ambitious) goals: to expand our investment services, create more diverse opportunities for our investors, and enhance transparency.
And all of this while meeting necessary regulatory and compliance requirements, with no exceptions.
From that time on, we’ve achieved growth and hit milestones like never before. But most importantly, we delivered on promises we made to our investors (despite the challenges and obstacles faced; and there were many, believe us).
But enough with words, let’s go to data.
Numbers That Made 2024
We know that numbers speak louder than words. And when we look back, the numbers of our 2024 tell a story of the growth we’ve never seen before. But what does this really mean?
It’s an illustration of our investors’ trust, represented through numbers.
In 2024, we:
- Increased outstanding investments from €12M to €27.4M
- Surpassed €114M in total investments
- Achieved 18,000 registered investors
- Paid €2M in interest to investors
- Raised the average interest rate to 12.48%
- Crossed €20M in total repaid principal
- Made 100% repayments on time
But our greatest achievement? Doubling our portfolio while maintaining an impeccable 0% default rate.
Our CEO, Eriks Rengitis, shared that the new team was one of the key drivers of this growth: “Having skilled professionals in the right roles made all the difference.”
Apart from focusing on finding (and keeping) the right talent, there were a lot of other components behind how we were able to meet highly competitive market demand, attract new investors, and make it even easier for existing clients to engage with the platform.
Long story short, it all came down to the 3Ps: people, product, and partnerships.
People Power
Great stories start with great people. And for us, 2024 was a pivotal one in this domain.
In the second half of the year, we underwent a leadership change. In June, Eriks Rengitis stepped into the CEO role. With his 14+ years of experience in corporate finance, this change shook us, in a good way.
Eriks brought the company a new level of strategic thinking and powered up the whole vision of the company, which completely reshaped Debitum Investments and led us to where we are now.
This marked the beginning of team evolution, too. From new board members to a completely refocused core team, Debitum Investments is now closer to being a dream team than ever before.
As Eriks commented, “Coupled with a new team and a sharper focus, we’ve been able not only to meet but surpass our targets.”
Product Progress
Innovation was our mantra in 2024. Each update and new feature was designed with one question in mind: How can we make this better for our investors?
So, we rebuilt the platform to make investing more seamless, secure, and user-friendly (because there’s nothing we value more than efficiency and client satisfaction).
How, exactly, did we do it?
Short answer: through automation, optimization, and systematization of key experiences our investors have with the platform.
First, we improved overall platform performance and enhanced user experience by completely redesigning some pages and introducing powerful new features.
For example, we tested the Auto Invest feature. We also integrated a payment service provider, which allowed investors to use bank integration in selected countries, and to deposit funds by card, including Apple Pay and Google Pay.
Second, we simplified key processes like investor onboarding by revising the client questionnaires, making the start of the journey for new investors easier, faster, and smoother.
But we didn’t stop on that: we expanded our compliance department to ensure faster verification and a more thorough assessment and compliance with regulatory requirements.
Altogether, these efforts significantly reduced median KYC approval time, dropping by 89% in 2024 compared to 2023.
Partnership Portfolio
We didn’t grow alone. For us, 2024 was a year of building connections.
We carefully, conservatively, and diligently selected our partners. Above everything, we prioritized staying true to what we believe in at Debitum: choosing partners who share our commitment to transparency and security in every detail.
Following this, we introduced and onboarded new partners such as Bono House, JSC Juno, and Foresto, further diversifying the investment opportunities available on the platform.
Here’s how our COO, Anatolijs Putna, reflects on Debitum Investments’ partnership strategy: “By partnering with fewer but highly vetted loan originators and note issuers, we ensured secure and consistent investment opportunities for our community.”
This laser-focused approach helped us to do both things simultaneously: balance the year’s rapid growth with maintaining the security and reliability our investors expect.
Apart from our partners, we also explored new ways to work with our affiliates (beyond just email exchanges).
This year, we go above and beyond in supporting those creating content about us. From video interviews at Debitum’s office to field trips with our affiliates to visit our partners, we wanted to bridge the gap and show our real selves and our work in action.
With over 80 of those spreading the word about their experiences with Debitum Investments, 2024 was a year of incredible exposure and engagement. Across YouTube, TikTok, Instagram, Facebook, and LinkedIn, our partners shared more than 500 content pieces featuring Debitum, helping thousands of potential investors discover the platform. Thank you for that!
What’s Next
Looking ahead, we have no plans to stop where we are now. On a mission to provide secure and stable investment opportunities, our focus for 2025 is to keep enhancing our platform, expand our investment opportunities, and continue fostering relationships with our partners and investors.
A Heartfelt Thank You ❤️
2024 has been a remarkable year, and we owe our success to you—our investors and partners. Together, we’ve achieved incredible milestones, but the best is yet to come.
Thank you for being part of the Debitum Investments community—we’re excited to see what’s next in 2025!
P.S. For a closer look at our 2024 journey, we had an exclusive conversation with CEO, Eriks Rengitis, and our COO, Anatolijs Putna. They shared their perspectives on the milestones we achieved, the challenges we overcame, and the strategic vision shaping Debitum Investments’ future. Make sure to check the video!
This is a marketing communication and should not be interpreted as investment research, advice, or an endorsement to invest. The historical performance of financial instruments is not indicative of future outcomes. Investing involves risks; the value of investments may fall as well as rise. Be sure to assess your knowledge, experience, financial situation, and investment goals before investing.