Igors Puntuss

Bulkestate

CEO

Igors is a co-founder and CEO of Bulkestate.com, a real estate crowdfunding platform based in Latvia and Estonia. During his professional career, Igors has gained extensive experience and knowledge in finance and real estate area, which has led to a business idea of investment platform that is a successful combination of both fields. Bulkestate.com mainly attracts crowdfunding for loans secured by real estate property, allowing anyone to become an investor and crowdfund real estate investment objects published in the platform. Starting as a small start-up in 2017, Bulkestate now has registered investors from more than 55 countries all over the world and has a line of successfully funded investment projects. Future plans for Bulkestate.com include launching collective purchases or bulkdeals. In addition to investment projects, this option will speed up the processes of purchase and sale for property owners and will let the buyers acquire a property for a price below the market value.

Event Sessions Featuring Igors Puntuss


Roundtable (Breakout)

Alternative Credit ‐ Round Table Discussion

London Summit 2018 - Monday 26 March 2018

  • The 22-strong roundtable discussed various aspects of opportunities in the non-bank lending space including the opportunities in SME lending, the maturity of the market and the sustainability of some platforms' business models and the need for greater transparency.
  • Christian Gut, manager of the P2P lending Fund, said investors need to fully understand track records of managers/funds and of how loans are performing. He said it is “really hard to understand” like-for-like comparisons when platform are changing underwriting models.  “Every country and platform is doing things in different ways. The industry should decide a certain level of credit and risk that should exist across the aboard,” he said.
  • Maseco’s Matthews added that niches are well suited to alternative credit but  “you can’t throw a lot of money” at them as this would harm yields.
  • RM’s Nicholl’s said that trust in the sector could be improved by third party audits leading to more capital into the sector.
  • AltFi Data’s Fekete added that lenders are showing more and more interest in having their data assessed and compared on a like-for-like basis. That is a vital part of the maturation of the sector, he said.