LANDE Review 2026 – Secured agricultural loans with up to 14% return?
On this website, you’ll find my LANDE Review. LANDE (formerly LendSecured) is a relatively young platform in the P2P sector, specializing exclusively in secured capital investments in agricultural sector. They were founded in late 2019 in Riga, just before the onset of the COVID-19 pandemic.
I’ve been invested here with a small test amount since the beginning, but officially added the platform to my portfolio in early 2022. I have now invested over EUR 10,000. On this page, you’ll learn everything about the Latvian platform that you need to know to get started.
You can find additional tutorials on the homepage of the English section of my blog.
Bonus terms and conditions: Use my link to receive 3% cashback on all investments you make within the first 30 days of signing up, plus a €5 bonus immediately after KYC. | From 1 October 26 to 31 October 26, get up to 2% extra cashback
Please note my disclaimer. I do not provide any investment advice or make any recommendations. I am personally invested in all the P2P platforms I report on. All information is provided without guarantee. Past performance is not indicative of future results. All links to investment platforms are usually affiliate/advertisement links (possibly marked with *), where you can benefit, and I earn a small commission.
What is LANDE?
Unlike platforms such as Bondora or Twino, LANDE (formerly LendSecured) doesn’t offer consumer loans and doesn’t rely on a buyback guarantee. Instead, you finance projects here that are always secured with real collateral. If a project defaults, there’s always an asset that can be sold as security. Real estate platforms with similar concepts also show that this concept fundamentally works.
However, unlike Real estate platforms, the Loan-to-Value (LTV) ratio here is only around 41%, whereas Estateguru’s average is nearly 60%. From an external perspective, the projects on LANDE can be considered even safer. Additionally, LANDE funds 5% of each loan itself, aligning its interests with those of the investors. This concept is often referred to as “Skin in the Game.”
LANDE’s project focus lies in the “Agriculture” sector, which might be missing in many investor portfolios. Therefore, the platform can be a valuable addition, as I’ve mentioned in my article “How I Would Invest 10,000 EUR in P2P Loans Today” (in German).
LANDE Review – Key Data at a glance
Before we delve into the details of my LANDE review, here are the most important data points for you in one place.
| Founded: | 2019 |
| Headquarters: | Riga, Latvia, operates under “SIA LANDE“ |
| CEO: | Nikita Goncars, with the company since its founding |
| Regulated: | Yes (notice of the nactional bank) |
| Assets under Management: | Approximately 37,0 million Euros |
| Financed Loan Volume: | Approximately 67,4 million Euros |
| Number of Investors: | Approximately 11,400 (registered investors, active number unknown) |
| Return: | 11.2% according to official platform data |
| Buyback Guarantee: | No, but all loans are secured with real assets. |
| Minimum Investment Amount: | 50 EUR |
| Auto Invest: | Yes |
| Secondary Market: | Yes |
| Issuance of Tax Certificate: | Yes |
| Investor Loyalty Program: | No |
| Starting Bonus: | 5 EUR after KYC + 3% cashback after 30 days via this link* |
| Rating: | Place 4 | See P2P Platform Rating |
| Community Voting: | 14th place out of 61 | See results (in German). |
| Last Financial Report: | The last one was published their 2025. |
LANDE experiences of the community
Once a year, I ask our community for their top 5 P2P platforms. In 2025, LANDE took 14th place out of 61 with 17.2% of all votes, which can be considered a good result.
I was able to count around 700 votes for 2025.
- Go & Grow* (Daily interest & availability at 6% p.a., €5 starting bonus – start from just €1! Find out more in my Go & Grow review)
- Freedom24* (International broker with access to almost all shares worldwide –> guide to the product).
- LANDE* (Secured agricultural loans with over 10% return and 3% cashback + 5 EUR for free) –> Complete guide to the product in my LANDE review.
- Debitum* (Investing in regulated forestry projects with returns of up to 17%) –> full guide to the product in my Debitum review.
- Monefit SmartSaver* (Liquid and readily available investment alternative with 7.50 – 10.52% return and 0.50% cashback on deposits + 5 EUR startbonus) –> Complete guide to the product.
The history of LANDE
Investor Registration
The registration process on the P2P platform is not particularly complicated. To register, you will need a passport or identity card as proof of identity. If you want to link an IBAN account for withdrawals, you’ll also need to provide the recent account statements of the respective account as confirmation that the account belongs to you.
The registration requirements at LANDE are relatively strict. This is mainly due to the separation of investor funds, which are managed through the payment service provider LemonWay. However, these requirements should not be a problem in most cases. After registration and deposit, you are ready to invest in P2P loans on the platform.
Basic registration with LANDE is quick and easy.
LANDE Bonus
Via my link* you will receive 3% cashback on all investments you make in the first 30 days after your registration, plus a €5 bonus once the KYC verification has been completed. If there are any time-limited bonus promotions for the platform, these will always be listed promptly in my P2P platform comparison.
How to deposit funds
Depositing funds is the simplest step when investing. In your account, you’ll find a “Add funds” button. Clicking on this button will display the necessary bank information for your deposit. Please note that the initial transfer must come from a personal bank account, which will also be verified for future withdrawals.
LANDE uses the payment solution LemonWay, which maintains a clearly separate bank account for investor funds. This means you’ll transfer your money to LemonWay, not directly to LANDE, providing an additional layer of security. Additionally, you’ll have a VIBAN, a virtual IBAN within the LemonWay pool, further enhancing the security of your transactions.
Deposit information from LANDE.
How to withdraw funds
If you wish to withdraw capital or excess interest from the P2P platform, you can use the “Withdrawal requests” button located directly below the deposit option. Here, you also have the option to register a personal IBAN account for withdrawals.
Can I deposit and withdraw with credit card?
Currently, you cannot use credit cards for deposits and withdrawals. These transactions must be done exclusively through a bank account. Depositing via a bank account also serves the purpose of identification among other things.
How does LANDE work?
Once you’ve signed up on LANDE, there are three different ways to invest on the platform:
- Through the Primary Market
- The Secondary Market
- Using Auto Invest
Once you’re logged into LANDE, you can click on “Projects” to access the project overview. Here, you’ll find all the projects available on the Primary and Secondary Markets that you can invest in.
A look at the primary market on LANDE
Of course, you can also take a closer look at each project. There, you’ll find detailed information about the loan itself, the repayment schedule, the borrower and the security.
A project description as an example.
The Secondary Market
Even though LANDE is still very young, the platform already has a secondary market where you can sell off your investments. The low entry point is particularly attractive here (you can start with just 2 EUR).
You can only buy or sell shares worth between 2 and 99.99 EUR in full. For amounts of 100 EUR or more, partial sales are possible in increments of at least 50 EUR, provided that at least 50 EUR remains invested. Sales are made at the outstanding capital value; no fees are charged. The following are not tradable:
- loans maturing at the end of the term,
- loans in default,
- loans not yet disbursed, and
- loans past their final payment date.
- You can only sell overdue loans again once a new payment has been made.
Further information can be found in the rules for the secondary market.
The Secondary Market on LANDE
The LANDE Auto Invest
The third way to invest (and this is my personal preference) is through the Auto Invest feature. LANDE introduced this in 2021 and offers it in two different forms:
- Basic Auto Invest: You can invest from 50 EUR
- Advanced Auto Invest: You can invest from 100 EUR
The difference between the two versions lies in the customization options.
With Basic Auto Invest, you can only set the investment amount per project, while with Advanced Auto Invest, you can also specify the interest rate, loan term, LTV (Loan-to-Value ratio), the type of collateral pledged, the repayment method and country. It’s important to note that the Auto Invest feature will only invest in newly listed projects. If you activate it and there are already projects on the marketplace at that time, it will ignore them.
Options in Auto Invest Advanced from LANDE.
In which countries can you invest?
On LANDE you can currently invest in the following countries:
- Latvia (the home market of LANDE)
- Lithuania
- Romania (since 2023)
- and Poland (since 2026)
With the European Crowdfunding License (ECSP), more countries will certainly be added in the future. LANDE has its own country managers in each market.
In which projects you can invest in on LANDE?
LANDE now focuses on two areas: loans secured by agricultural land and by farm machinery. LANDE has discontinued harvest financing and other higher-risk products. Land and machinery now secure around 90% of loans, with land the largest segment at EUR 36.7 million of EUR 67.6 million funded (as of 10/2026). Machinery loans run 12 to 36 months, land loans 12 to 60 months. Older loans may still carry harvest or livestock collateral.
The following videos are directly from Latvia. I made them for my German community, however, the content is in English, so that you can enjoy them as well. Have fun!
What fees are charged on LANDE?
Investing and the secondary market are free of charge, as do withdrawals. Since 5 October 2026, however, there is a fee for inactive accounts. It applies if you have made no new investment for twelve consecutive months and still have funds on your account. For the first twelve months it costs EUR 10 per month, from the 13th month EUR 50 per month. If your balance is too low, the fee is waived and your account never goes negative.
What is the return on LANDE?
According to LANDE’s statistics, the average interest rate for all funded projects is 11.2 per cent. New projects are listed at up to 14 per cent. Including cashback promotions, LANDE reported an average return of 13.5 per cent for the second quarter of 2026. Past performance is no guarantee of future results. You can view my own returns at any time in the statistics (German), which are updated monthly and broken down transparently by individual years. You can also watch the following video to see how my returns have developed over 5 years of investment.
What is the minimum investment amount on LANDE?
On LANDE, you have three different minimum investment amounts:
- Primary Market: 50 EUR
- Secondary Market: 2 EUR
- Auto Invest: 50 EUR (Advanced 100 EUR)
Is there a buyback guarantee on LANDE?
No, there isn’t a buyback guarantee on LANDE. However, each project comes with a real collateral that can be auctioned off in case of default to compensate for any losses. In my experience, this holds more value than a buyback guarantee.
Is there an app for LANDE?
No, LANDE does not offer a smartphone app.
Can I invest in other currencies?
No, at LANDE you invest exclusively in euros.
How does the taxation work for LANDE?
The platform doesn’t deduct any taxes on your behalf. You are responsible for reporting your earnings to the tax authorities in your jurisdiction. LANDE does not deduct any withholding tax, as Latvian law does not provide for this in relation to this model.
Is there a tax statement on LANDE?
On LANDE you can download an “income statement” that contains all the important information. You can find it in the “Balance” section of your account.
The LANDE income statement contains all the required data.
LANDE Risk
From my LANDE review so far, the Latvian agricultural platform appears to be a low-risk addition. Keep in mind, however, that I am only referring to the external numbers and my own experience here.
How does LANDE make money?
According to my research, the company has three sources of profit:
- Project success fee, which is paid by the borrower.
- Support fee, which is the spread between interest rates for investors and borrowers.
- Penalty fee for late loans. Unlike many other platforms, LANDE does not pass this on to the investors, but collects it itself.
Does LANDE operate profitably?
There are audited documents available for inspection. According to these figures, the platform has been operating profitably since 2024, which is a sign of the project’s sustainability. The current figures from 2025 look very good as well.
Turnover rose from around €1.96 million to €2.36 million, an increase of 20.5 per cent. Equity grew from €626,000 to €723,000. Following an annual profit of just under €196,000 in 2024, adjusted profits for 2025 stood at over €256,000, before €49,850 was distributed as extraordinary dividends. The bottom line was an annual surplus of €206,000.
Extract from the 2023 annual report of the P2P platform (audited).
What happens if LANDE becomes insolvent?
LANDE has not published a public contingency plan. However, as an ECSP-licensed provider, LANDE is required to submit a business continuity plan to the regulator to ensure the management of ongoing investments. In its risk disclosures, LANDE undertakes to cooperate fully with the authorities in the event of the business ceasing operations. Your uninvested funds are held separately with Lemonway. Nevertheless, insolvency is always a real risk to your money!
How serious is LANDE?
LANDE is now a well-established company in the P2P market. Furthermore, since 7 February 2024, the platform has been authorised by the Latvian Central Bank as a European Crowdfunding Service Provider (ECSP) and is therefore licensed to grant loans throughout Europe. A guarantee agreement is in place through the European Investment Fund. To this end, LANDE had to undergo a prior audit. Customer funds are held in segregated accounts with the payment service provider Lemonway.
The platform is run by Nikita Gončars, who holds just under 79 per cent of the shares, and Jānis Laiviņš-Laivenieks. The team appears reputable from the outside, and the backgrounds of those involved can be verified via LinkedIn. You can also form your own impression of the CEO, as I interviewed him in person.
How secure is LANDE?
Like many P2P platforms, LANDE is as secure as your diversification. This is also the key to your success. However, LANDE follows a strategy with a very low historical LTV, which means additional security for you as an investor.
Are there any defaults on LANDE?
There are defaults on LANDE regularly. However, due to the low LTV (Loan-to-Value ratio), investors’ capital wasn’t really at risk so far. You can check the actual default numbers in the statistics.
The recovery efforts are very well documented by LANDE. If there is a failure, you can not only see the status of the loan, there is also an update on the current situation every 30 days.
Each defaulted loan now shows which status it is currently in (marked in green).
Does LANDE have a deposit guarantee?
No, although LANDE uses an external payment solution to segregate investor funds, there is no deposit guarantee in place. LANDE is also not a bank and therefore does not fall under any European deposit guarantee schemes. All funds invested on the platform are at high risk of default. However, investor funds are clearly separated from company funds via Lemonway, which provides additional security.
Investment process on LANDE
LANDE Review in crisis situations
LANDE has come through the Covid pandemic and the war in Ukraine without any major problems.
LANDE in the COVID-19 crisis
The Latvian agricultural platform was founded just before the COVID-19 pandemic and faced its first major test right away. However, investors experienced no problems.
LANDE in the Ukraine crisis
The war in Ukraine had no negative impact on LANDE. In fact, the platform even saw a small growth boost, as agricultural products became more in demand than ever due to the disruption of Ukrainian agriculture.
LANDE is more in demand today than ever before!
Advantages and disadvantages of LANDE
Before we come to a final conclusion about the P2P platform, here is a summary of my advantages and disadvantages based on my LANDE review and my external observations.
Disadvantages
- The hurdle of opening an account is significantly higher than you are used to due to the submission of bank statements.
- Since the platform has picked up a certain momentum, IT has often reached its limits, which leads to annoyance on the investor side.
- There is no buy-back guarantee; loans may default!
Advantages
- Unique selling point through focus on the agricultural sector.
- Real separation of investor funds through payment provider LemonWay.
- The LTV is very low, so the projects you invest in are correspondingly safe.
- Holder of the ECSP licence.
- The LANDE management team already has a lot of experience.
- To ensure the financing of projects, the platform uses so-called “anchor investors“. These are investors who ensure the financing of projects, should the investor community not be able to finance the project by the end of the project.
Evaluation of my LANDE Review
LANDE is now a five-figure position in my P2P portfolio. With further growth & further establishment of the platform, I could imagine increasing the investment further. I will observe the platform in the coming years and see how it develops before deciding on a larger commitment.
The development of my LANDE portfolio since 2021.
Agricultural projects are also extremely exciting, as they don’t often exist in this form and are still rather underrepresented in my portfolio. I would like to develop this topic further in the future, away from LANDE.
My LANDE on-site Review
In May 2022, I visited LANDE on-site as part of my “P2P Lifestyle” project and took a look at the work of the platform. The purpose of this project is to work with the platforms for 1-2 weeks and accompany them in their daily work. Feel free to take a look at my on-site report. The main part of the video is in English.
Is there a LANDE forum where you can exchange experiences?
There is an international investors’ group on Telegram where you can discuss.
Is there a bonus or friends-refer-a-friend program to start on LANDE?
Yes, there is a general start bonus of 3% after 30 days on the platform through my link. You can also refer friends to LANDE. If you are referred by me, we will both receive 1% of your investment in the first 90 days.
What are the alternatives to LANDE?
There are currently hardly any alternatives to LANDE on the market. The only serious alternative is InSoil Finance from Lithuania. It is also active in the agricultural and land sector. You can find further possible alternatives in my P2P platform comparison.
Then take a look at my P2P platform comparison now. There you will find more information and/or articles about the platforms where I invest.
About the author
Hi there! I’m Lars Wrobbel, and I’ve been writing on this blog about my experiences with investing in P2P loans since 2015. I also co-authored the German standard work on this topic with Kolja Barghoorn, which became a bestseller on multiple platforms and is regularly updated.
In addition to the blog, I host as well Germany’s largest P2P community, where you can exchange ideas with thousands of other investors when you need quick answers.
LANDE Review 2026 - Up to 14% Return?
LANDE Review: Here you'll find everything you need to know about the Latvian P2P platform, along with my personal experiences.
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