Triple Dragon — LV0000113827 — 11.0%/an · 3 mois

Plateforme · 17.0/25

A1 · Statut réglementaire 5.0/8

FCMC investment licence (Latvia) obtained in September 2021
Recognised EU regulator, but investment licence ≠ explicit ECSP passport
Recognised EU equivalent → 5 points

A2 · Track Record 5.0/6bon

Default 0% → 6/6
Delay >90 days 0% → 6/6
Actual return vs announced return not disclosed → 0/6
A2 = (6×0.5)+(6×0.3)+(0×0.2) = 4.8, rounded to 5
Caveat: statistics cover ABS, not underlying loans

A3 · Rigueur de sélection 2.0/4

Transition to ABS model involves a structured selection process (FCMC licenced), but selection rate not published and process poorly detailed publicly → 2 points

A4 · Santé financière 3.0/4bon

Independent platform operational for >3 years (2021+), active in 2026, no platform distress signal identified
No known institutional shareholder → 3 points

A5 · Protection investisseurs 2.0/3

Investor protection EUR 20,000 provided by Latvian law (1 regulatory point)
FCMC licence implies continuity plan (1 point)
Secondary market or segregated escrow not confirmed → 0 points third criterion

Projet · 12.0/75

B1 · Instrument & Structure 6.0/10

B1.1: 4/5 - Latvian note on loan pool, contractual documentation absent

B1.2: 1/3 - Originator GB, note LV, applicable law not specified

B1.3: 1/2 - Ranking not documented, no known senior debt

B2 · Opérateur & Track record 3.0/15faible

B2.1: 1/4 - Entity named, no director identified

B2.2: 0/5 - No financial history of originator provided

B2.3: 1/3 - Partner referenced, history on Debitum not documented

B2.4: 1/3 - British registers not verified, caution applied

B3 · Garanties & Sûretés 0.0/15faible

B3.1: 0/9 - No guarantee or buyback documented (project <500K€, no RF8)

B3.2: 0/4 - No guarantor identified

B3.3: 0/2 - Licence of GB originator not documented

B4 · Structure financière 0.0/15faible

B4.1: 0/5 - taux de couverture de la dette not communicated, caution applied

B4.2: 0/4 - Originator equity contribution not documented

B4.3: 0/4 - No stress test presented

B4.4: 0/2 - Margin and taux de couverture de la dette not communicated

B5 · Pré-commercialisation 1.0/10faible

Underlying portfolio data not communicated: number of loans, concentration and sector (empty field)

B6 · Permis & Maturité 1.0/5faible

Legal status, licences and seniority of originator not documented in file

B7 · Marché & Localisation 1.0/3faible

Stable trend but not verified
GB originator, whereas live data concerns Latvia
NPL indicators and GDP unavailable

Points forts

✓Debitum platform regulated in Latvia, no signal of distress.

✓Very short duration, approximately 3 months, limiting temporal exposure.

✓Rate of 11 %/year within SME-NBFI market standard.

✓No mention of CrowdRevolt or proceeding reported on originator.

Risques identifiés

!No guarantee, joint and several guarantee or buyback obligation documented in file.

!Directors of Triple Dragon not identified in file.

!Financial data and portfolio of originator totally absent.

!Debitum internal rating C, high risk profile.

!British originator outside EU: cross-border recovery uncertain.

⚠ Avertissement sur les risques

Investir en crowdfunding comporte un risque de perte partielle ou totale du capital, ainsi qu'un risque d'illiquidité. Selon le baromètre France FinTech / Forvis Mazars 2025, 25 à 30 % des projets accusent un retard de plus de 6 mois et 4 à 6 % entraînent une perte définitive. Ne placez jamais plus de 5 à 10 % de votre patrimoine en crowdfunding et diversifiez sur au moins 10 projets. CrowdPickr est un service d'information indépendant, non agréé en tant que conseiller en investissement. Les analyses présentées ne constituent pas un conseil en investissement personnalisé.