Latvian real-estate debt P2P regulated by the Bank of Latvia, from €10.
Indemo is a Latvian P2P platform regulated by the Bank of Latvia, focused on discounted real-estate debt. Launched in 2022, it offers €10 minimums, auto-invest, and exposure to mortgage-backed loans across the EU — with the regulator providing more oversight than typical loan-originator P2Ps.
Indemo is a mortgages crowdfunding platform headquartered in Latvia. Retail and accredited investors fund p2p lending opportunities project-by-project — either manually after reading the disclosure pack, or via an auto-invest strategy that allocates across new deals according to your filters (yield, term, region, originator score). The platform handles deal sourcing, underwriting, KYC and ongoing servicing on behalf of every investor on its cap table.
Each deal is presented with a project page that includes the borrower / sponsor identity, the use of funds, the security or collateral structure, the headline yield and the repayment schedule. Minimum ticket sizes start at €10 and typical deal terms run 12–36 months. When a deal is fully funded, capital is released to the borrower and scheduled returns (interest, dividends, capital amortisation) post to your investor account on the dates specified in the loan agreement.
Operations are supervised by Bank of Latvia. Supervision covers conduct, disclosure, segregation of investor cash, marketing standards and the platform’s own capital adequacy — it does not, however, guarantee that an individual deal will perform as advertised. Investors retain full project-level risk on every loan or equity stake they buy.
Once an investor has built a portfolio of 20–30 positions, performance is best assessed against the platform’s historical default rate, recovery rate on workouts, and the relative performance of its loan book through prior macro cycles. Reinvestment can be automated to compound returns; withdrawals go out via SEPA or local bank transfer to the account on file, usually within 1–3 business days for available cash.
The platform advertises target gross yields in the 10–15% APR band. Realised net returns on a diversified portfolio typically run 1–3 percentage points below the headline range once defaults, cash drag and fees are taken into account.
Track record is best read against the Latvia macro context — local interest rates, property cycle and employment data move loan-default rates in real time. Investors should diversify across at least 20–30 loans before extrapolating any single year of returns.
Headline yields are quoted before the value of the asset-backed (mortgage / collateral). In a normal market this protection has historically smoothed the realised return; in a stressed market its value depends on the originator’s capacity to honour the buyback.
Suited to investors wanting direct exposure to mortgages opportunities with a 12–36 months horizon, comfortable with default risk and limited liquidity. Minimum ticket from €10. Recommended portfolio size: 20–30 deals for adequate diversification; treat as a complement to traditional fixed-income, not a substitute.
Capital at risk. Investments on Indemo are not bank deposits and are not covered by any deposit-guarantee scheme (FGD in Spain, FGDR in France, gli istituti di garanzia in Italy, etc.). You can lose part or all of your capital.
Default risk. Borrowers may stop paying. Even with collateral or buyback, recovery is slow and partial in stressed scenarios.
Buyback risk. The buyback guarantee is a contractual promise from the loan originator — not from the platform, and not from any government. Multiple originator failures since 2020 have shown the protection can fail in practice.
Liquidity risk. There is no secondary market — invested capital is locked until the loan or project reaches maturity.
Tax. Interest and capital gains are taxable in your country of residence. Most European platforms do not withhold automatically.
support@indemo.eu — confirm on the platform’s contact page before sending sensitive information.Indemo operates under supervision of Bank of Latvia. Supervision covers conduct, disclosure, segregation of investor cash and minimum capital requirements. It does not guarantee that any individual deal will perform as advertised — investors retain full project-level risk on every position they hold.
The minimum ticket per deal is €10. There is no upper limit for retail accounts; institutional tickets are arranged separately with the platform.
Advertised gross yields are 15.1% p.a.. Realised net returns depend on default rates, cash drag (money waiting between deals) and any servicing fees — expect actual portfolio returns 1–3 percentage points below the headline range after a full investment cycle.
Available cash typically arrives via SEPA or local bank transfer within 1–3 business days. Funds locked in active deals only return as borrowers repay; there is no secondary market, so plan on holding to maturity.
In an underwriting failure, the platform pursues the contractual recovery path — the buyback guarantee from the originator should refund principal plus accrued interest, with workouts typically taking 12–24 months. Recovery is rarely 100 %, and investors should size positions accordingly.
Investor cash held on the platform is segregated from Indemo’s own balance sheet, as required by the rules of Bank of Latvia. In an insolvency, cash should be returned to investors and outstanding loans transferred to a runoff administrator who continues to collect repayments on investors’ behalf. The process can take 12–24 months and recovery is rarely 100 %, but the loans you own remain your property, not the platform’s.
Yes — interest, dividends and realised capital gains are taxable in your country of residence. Most platforms do not withhold automatically; investors report the income in their annual tax return and may apply double-tax-treaty relief where available.
Typical project duration is 12–36 months. Longer durations generally pay higher headline yields but lock capital for longer and increase exposure to macro cycles; shorter durations offer faster reinvestment but reset rates more often.
A common rule of thumb is 20–30 positions to absorb single-deal default risk. Below 10 positions, one bad loan can wipe out a year of returns; above 30 the marginal benefit of further diversification flattens. Auto-invest rules make this easy to maintain over time.
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bislang alles ohne Probleme
Investmentmöglichkeiten sind ausreichend vorhanden. Attraktive Zinssätze. Tolle Cashbackaktionen- wobei man den Cashback sofort wieder investieren muss. Als Hauptproblem empfinde ich die nicht vorhandene Liquidität meiner Investitionen. Es gibt keinen Zweitmarkt oder Buyback. Leider weiß man bei keiner Investition wie lange es bis zum Verkauf dauert.
At the same time I have to make a transfer to the deposit account to be able to withdraw the money. When I make a transfer, you constantly make a refund. And the tech support doesn't see anything and can't help as always. It's a bad thing and it's very bad when you don't want to take my money.
$34d
The platform is ok and intuitive enough, however I really miss not having some kind of forecast with dates. The stage lines are useful to see overall progress, but many months go by with absolutely no updates whatsoever. The investor has no idea, albeit approximate, of when an asset will reach complete resolution.
J'aimerai bien que vous ayez une version française pour que je puisse mieux vous lire
While there is basic property info, there is a complete lack of progress updates. A full year has passed without any asset movement or a single word on development. Providing a brief update on actions done shouldn't be this difficult. If this continues, I will have no choice but to withdraw from the project.
A complete waste of time. Indemo had me jump through hoops, providing sensitive personal documents and "extra info," only to reject my application with a generic "internal policy" excuse. If I weren't eligible, that should have been clear before they collected my private data. Avoid if you value your privacy and your time.
Gute Informationsarbeit
Awful experience. I am in the process of extending my work permit in Germany but Indemo have suspended my account until I provide a copy of the work permit card - but this can take many months to get. They do not accept my passport and Fiktionsbescheinigung as proof of ID, despite this being accepted at border control and other financial services I used. Also customer support just ignores emails. Do not trust your money with this joke company!
Ewerything is going smoth, but the returns still have to wish better. I understand the meaning of time in such kind of investments, but the reall returns still are to small.
Im ok with it till now.Hope it stays in a positive way.