Debitos

company

About

Debitos is an online platform for trading non-performing loans and bankruptcy claims.

  • 11 - 50

Details

Last Funding Type
Series A
Industries
B2B,Consulting,Financial Services,FinTech
Founded date
Sep 28, 2010
Number Of Employee
11 - 50
Operating Status
Active

Debitos is Germany’s first online-exchange, on which banks and corporates can actively trade both real estate-secured and unsecured non-performing loans.

The platform is available at www.debitos.de and allows sellers to offer claims individually or bundled as a portfolio. More than 290 institutional investors compete with one another and place their bids in an online-auction. Through this process, sellers increase transaction prices and transparency.

More than 1.300 corporates currently use the exchange to trade dunned invoices, enforceable claims/terminated loans and bankruptcy claims. Since launching the exchange in January 2012, a total volume of over 1 billion Euros has been offered on the exchange.

Debitos GmbH is headquartered in Frankfurt am Main, Germany. The company’s managing partners are Hajo Engelke and Timur Peters.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Debitos has raised a total of — in funding over 2 rounds. Their latest funding was raised on Jun 19, 2012 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 19, 2012 Series A 1 SquareOne Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Debitos is funded by 1 investors. SquareOne are the most recent investors.
Investor Name Lead Investor Funding Round
SquareOne Yes Series A