LANDE
Roberta Hirša iela 1, Rīga, LV-1045, Latvia
Overview
LANDE operates an investment crowdfunding platform that finances small and medium-sized farms by accepting machinery, land, or future harvests as collateral. The platform offers loans with terms up to 24 months, an average LTV around 42.2%, and potential investor returns of up to 14%. LANDE has registered more than 1,700 investors and reports having issued over €4.5 million in loans to date, including €3 million in 2022, and has financed over 300 farmers. The company merged with agricultural crowdfunding platform LendSecured in 2021 to become a full-service agricultural financing and crowdfunding platform. LANDE partners with LemonWay to handle payments and KYC/AML requirements and requires investors to have a SEPA bank account. Management says demand for agricultural financing is high across Europe and plans include expansion into Romania and entry into other European markets.
- Total raised
- $1M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Sep 2022
Industries
- Agriculture
- Crowdfunding
- Crowdsourcing
- Real Estate
Recent funding
Seed
Sep 2022
$1M