Crowdestor is a high yield & high risk marketplace platform focused on enterprise peer-to-peer lending. Founded in 2017 and launched in 2018 by Gunars Udris and Janis Timma, Crowdestor facilitates the financing of real estate loans, business loans, and startup projects from Latvia, Germany, United Kingdom and Russia, among others.
Crowdestor is registered in Tallinn, Estonia but their offices are in Riga, Latvia. The number of investors using the platform and projects available have grown rapidly, with a significant investment in platform development funded through an internal equity crowdfunding campaign. Each presented loan needs to be considered individually, since the type of collateral and guarantees are very different from project to project. During 2020, the platform was among the most scrutinized in the P2P industry, with significant changes in their Provision Fund offer, and being a target of a DDoS attack.
Janis Timma is among the most engaged and ambitious P2P platform CEOs in the industry, aiming to build the leading business crowdfunding platform in Europe.
Crowdestor Quick Review
Type of Loans Available
Average Interest Rate
Buyback / Secured Loans
Early Exit / Secondary Market
Auto Invest Feature
Control over Loans Invested
What to learn more about Crowdestor?
Crowdestor Alternatives and Competitors
Do you what to receive updates on new publications? Check SavingsForFreedom on Telegram and WhatsApp, or follow the blog in the links below! Thank you!
The blog contains affiliate links. Please learn more about it in the Disclaimer.