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.