Allgemeines
LANDE is a Latvian based crowdfunding platform, which was founded in 2020. Till now, more than EUR 2500000 has been invested through the platform. LANDE does not have an investment brokerage/crowdfunding license. The platform offers agricultural loans secured wither with land, machinery, or grains. LANDE provides information about the projects with necessary details that are important for investors such as the address, collateral, and personal guarantee.
Fazit
LANDE is a crowdfunding platform with the promised return of 14%, which is above the market average return, and with the option to diversify the investments. The platform offers necessary options such as secondary market and withdrawal, but there is no buyback guarantee. However, there is a personal guarantee for some loans, and collateral to the payment of loans. There is information about the key team members on their web page, the team is made of professionals with experience in the financial sector. The platform publishes its annual reports with limited information, but not historical loan books. The financial statements for 2020 show that the platform has sufficient current assets to meet its short-term obligation, and it is more debt-financed rather than equity.
Vorstandsteam
LANDE provides information about the owners and managing team. The owners come from the lending and financial sectors as both owners are also known as the co-owners of Latvijas Hipoteka Ltd-a mortgage and agricultural lending service provider. Part of managing teamwork with Latvijas Hipoteka as well, for instance, the CEO Nikita is the CFO at Latvijas Hipoteka. Also, the founders were involved in the real estate market previously. LANDE team consists of other experienced professionals who have professional and academic backgrounds related to the industry such as Law and Finance.
