Agricultural lending platform Lande loaned approximately €1.2m (£1.03m) across 42 projects in the month of March.
Most of these loans were delivered to farmers based in Latvia, in line with the platform’s previous distribution trends.
In an update to investors, Lande reported that 111 new investors registered on the platform in March. Investors earned a total of €116,640 in interest in March, with the all-time total having now reached €2.8m.
Read more: Lande reduces minimum investment threshold to €100
The lender also revealed that across the month of March, its IT team has been focused on optimising performance and enhancing security, ensuring a faster and more reliable platform for investors.
“The team has refined auto-invest, improved notifications, and resolved Google login issues,” said a Lande spokesperson.
“Work is also underway to expand automated testing and prepare for a major system framework upgrade, keeping Lande efficient and secure for the future.”
Read more: Lande swings into black as it eyes growth in 2025
In Romania, Lande onboarded a new member of the legal and debt recovery team last month, with the aim of increasing efficiency in debt collection, strengthening the overall team, and speeding up work with new clients.
Lande also noted that “huge progress” has been made in Latvia’s debt collection department, where some machineries have now been sold.
“There are several signed notary agreements as well with the clients that won’t be restructured, making the debt collection process faster and easier,” added the Lande spokesperson.
“We are happy to see that more and more new clients have shown interest for working capital or machinery purchases while the season just has started.”
Read more: Lande adds new features to re-opened secondary market
