Indemo

Name

Indemo

Legal name

Indemo SIA

Website

https://indemo.eu

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Alternative Investment Platform

NAICS

Other Financial Investment Activities (5239)

SIC

Asset-Backed Securities (6189)

akta.pro primary industry

Asset-Backed Securities (ABS) (FSACACAA)

akta.pro secondary industries

Private Credit — Structured Credit (CLOs, ABS, Private Securitizations) (FSAHAJAH), Loan Due Diligence, Collateral Review & Reps/Warrants Management (FSALAFAL)

Keywords

• Discounted debt investing
• Real estate debt
• Asset-backed securities
• Non-performing loans
• Alternative investment platform

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Transaction/Platform Fees: The platform charges no fees for investing, holding, deposits, or withdrawals. However, some non-standard transactions might incur specific fees. The platform may earn revenue from the spread between acquisition price of assets and offering price to investors, as well as promotional cashback programs.
2. Birthday Cashback Promotion: Limited-time promotional cashback offers up to 5% instant cashback on investments as a customer acquisition and retention incentive.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Indemo operates a regulated investment platform that enables retail investors to purchase asset-backed securities (Notes) representing shares in discounted non-performing mortgage loans acquired from Spanish banks. Notes are structured through securitisation and registered with NASDAQ CSD, with returns generated via debt resolution (settlement, auction, or secondary sale). The platform is licensed by Latvijas Banka and serves investors across 29 EU Member States with investments starting from €10 and zero platform fees on core services.

Product overview

Indemo offers a single unified investment platform for discounted debt investing. The core product is the Indemo Platform, which provides access to Discounted Debt Investments structured as Notes. These Notes are asset-backed securities representing shares in real estate-backed debt portfolios acquired from Spanish banks. The platform connects retail investors to an asset class traditionally reserved for institutional investors, offering features such as Autoinvest for automated portfolio building, an interactive map for geographic diversification across Spain, tax and reporting tools, and real-time legal flow tracking. Investments start from €10 with zero platform fees.

Differentiator

Problem solved

Functional benefit

Products and services

• Indemo Platform Regulated investment platform enabling retail investors to access real estate-backed discounted debt investments (non-performing loans) from Spanish banks, structured as Notes and offered across 29 EU Member States. Includes web, iOS, and Android access with onboarding, identity verification, SEPA deposits, portfolio mapping, and AutoInvest automation.
• Discounted Debt Investments (Notes) Asset-backed securities structured through a securitisation process with NASDAQ CSD registration, providing access to non-performing mortgage loans acquired from Spanish banks at significant discounts. Returns are generated through debt resolution via settlement, auction, or secondary market sale. Minimum investment €10 per Note.

Quantifiable outcome

• Average return of 21.7%
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Bondora: Estonia-based, one of Europe's largest retail P2P lending platforms, offering consumer loan-backed investments. Comparable geography and retail investor base to Indemo but focused on unsecured consumer credit rather than real estate NPLs.

Direct peers

• Mintos: Latvia-based P2P lending marketplace offering retail investors access to consumer and business loans from multiple originators across Europe. Most direct competitor to Indemo in geography, regulatory framework, and target retail investor base, though Mintos is broader in loan types and does not specialise in ABS-structured NPLs.
• PeerBerry: EU-regulated P2P platform offering consumer and business loan investments with a buyback guarantee. Comparable regulatory positioning, retail investor base, and self-serve platform model to Indemo, though different underlying asset class.
• Debitum Network: Latvia-based platform offering business loan-backed investment opportunities to retail investors. Comparable in jurisdiction, regulatory positioning, and target audience to Indemo, with similar zero/low-fee retail investment proposition.
• Crowdestate: European real estate crowdfunding platform providing debt and equity property investments to retail. Comparable in offering real estate-backed debt instruments and European regulatory reach, though with broader exposure to Baltic and broader EU markets.
• EvoEstate: Real estate debt investment marketplace aggregating opportunities from multiple European originators. Directly comparable to Indemo in providing retail access to property-backed debt, with a similar diversification and due diligence narrative.
• ViaInvest: Latvia-based P2P lending platform part of the same broader ecosystem as Mintos. Comparable retail-investor audience and regulatory jurisdiction, with consumer-loan focus rather than Indemo's NPL/specialised debt angle.
• EstateGuru: European real estate-backed lending platform that connects retail investors with property-secured loans. Comparable to Indemo in offering asset-backed real estate debt to retail investors, but focuses on performing bridge loans rather than discounted NPLs.

Emerging players

• Reinvest24: Estonia-based platform offering fractional real estate debt and equity investments to retail. Comparable in offering property-backed retail investment products under EU regulation, with a smaller scale and more equity-leaning portfolio than Indemo.

Regional players

• Housers: Spanish real estate crowdfunding platform offering both debt and equity property investments primarily to Spanish retail. Highly relevant for geographic overlap with Indemo's Spanish NPL sourcing and shared investor interest in Spanish property yield.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/indemoeu

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indemo