Second Debt Repayment for November 2024!
We’re thrilled to bring you more exciting news as we near the end of November!
It’s repayment time again on Indemo, and we’re proud to announce the second debt repayment of this month, bringing 2024’s tally of successful repayments to five. This time, a total of €218,254.50 (including principal and interest) has been repaid to our investors, directly impacting 655 portfolios - an impressive 36% of all active Notes!
The annualized ROI for investors from this debt ranged from 15.1% to sky-high 65.7%, averaging 24.14%, demonstrating the strong potential returns that discounted debt investments on Indemo can offer.
A Game-Changing Asset Class in Action
When we launched Discounted Debt as an investment product, our mission was clear: to make exclusive opportunities available to retail investors and redefine what’s possible in personal investing. With every repayment like this one, we’re seeing that vision materialize.
This repayment is yet another milestone for Indemo and our growing community of investors. The journey doesn’t stop here - we’re working tirelessly with our servicing partners to ensure additional repayments roll out before the end of 2024. Our commitment remains steadfast: democratizing a once-exclusive market and delivering outstanding returns to everyday investors.
Spotlight on the Repaid Debt: A99 – Apartment in Almería
The latest repayment is linked to Debt A99, secured by a property located in Almería, Spain. A 169m² apartment built in 1982 is located only 300 meters from the sea, in a vibrant part of the town. This residential unit represents the quality assets backing every investment on the platform.
The A99 debt was first listed on Indemo back on June 30, 2023, during the "Auction Initiated" stage, with a Price-to-Value (PTV) ratio of 65%. Over time, the debt moved through various recovery stages, eventually reaching the "Auction Closed" stage, marking the successful completion of the process.
How Did It Happen?
Our partner servicing company diligently managed the recovery flow for this debt. After careful analysis, the optimal route to maximize returns and ensure a swift exit was determined: selling the debt at the post-auction stage. This strategy not only expedited the process but also ensured the highest possible returns for investors.
Things to Remember
If you’re invested in multiple Notes within the same debt, you might notice variations in returns. This happens because each investment's ROI depends on when it was made in the recovery flow. Earlier investments often yield higher returns due to lower PTV ratios.
To make the most of your investments, pay attention to key factors such as the debt’s listing date, its flow stage, and its PTV ratio. Notes at earlier recovery stages offer lower prices but may involve longer recovery times, while those at later stages can yield quicker exits but come with higher PTVs.
What’s Next?
Investors who participated in Debt A99 can view their returns in the Portfolio section of the platform. Additionally, check out the Analytics section for deeper insights into your investments.
Looking to reinvest your newly returned funds? Explore the wide range of discounted debt opportunities currently available on Indemo. Don’t forget to take advantage of our Indemo FastTrack cashback offer, which rewards up to 3.75% - even when you reinvest funds from repayments like this one!
Whether you’re new to Indemo or a seasoned investor, there are opportunities to fit every risk appetite. From earlier-stage debts offering lower PTVs to advanced-stage debts with higher PTVs, the choice is yours.
A Bright Future Ahead
While past performance is never a guarantee of future outcomes, the continued success of our Discounted Debt product is an incredible indicator of its potential. Together, we’re transforming the investment landscape and providing opportunities that were once out of reach for most.
Stay tuned for more updates as we close out 2024 with even more exciting news.
Not an investor yet? Ready to reinvest or just starting your journey? Click here to get started with Indemo today!
This content is a marketing communication. It shall not be treated as investment advice, independent research or offer, recommendation or invitation to invest in the investment opportunities referred to herein. The content is not aimed at promoting services or products to persons based in jurisdictions where the distribution of said information would be illegal.
Investing in financial instruments involves risk, and there’s no guarantee that investors will get back invested capital. Moreover, past performance does not guarantee future returns. Indemo SIA shall not be responsible for any direct or indirect loss from using the provided information.