DoFinance

Dofinance, founded in 2016, is a Latvian crowdfunding firm with experience in consumer loans.  The crowdfunding service has gained over 2000+ registered investors and has issued over 90’000’000 in loans. Such figures and statistics are impressive, yet in addition to historical information are above-market annual returns. To this date, Dofinance accepts investors with a bank account in the EU, Switzerland, or any other EEZ country with a valid residence permit or a passport of a country in the EEA.

From a general perspective, Dofinance offers higher than markets’ average annual returns, up to 13% to be precise. However, there are further drawbacks to Dofinance, such as the current lack of secondary market presence. On the other hand, DoFinance is in the progress of secondary market creation for Investors, leading to a much more favorable and advanced service for investors. To conclude, one factor that investors should take into perspective is the factor of all consumer loans for currently available projects are located in Indonesia, offering different auto-invest annual returns (from 10% to 13%) based on a diverse variety of investment terms (from 4 to 84 months).

At Dofinance, there are only two board members, Janis Kulikovskis and Viesturs Kulikovskis. Both have backgrounds in Business Administration within investment projects. Dofinance is operated by Alfa Finance Group, which manages Indonesian loan originators Kredit Cepat, Polish Opoqa, and Tanikredyt.