Started three years ago; as per Feb 2023 suddenly my withdrawal request was not processed although it was available in my account but no payout. Recently my account was 'reduced' till a small amount l... See more
Dofinance
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See what reviewers are saying
Dofinance just changed the policies overnight and sold the portfolio with a rest value of 1,13%!!! The cynical comment from the founder Ilja Ovcharenko is, that this is "in the best interest of inv... See more
I invested using 6 different p2p companies. All the others had safety features in place to limit problems caused by covid, market fluctuations, etc. This one didn't. 6,500 Euros invested, t... See more
I am using this platform since 2018. Until today they collected around 25% from the covid loans that ended in april 2020 and are locked since then. 75% outstanding invest amount but getting interest... See more
Company replied
Company details
Information provided by various external sources
DoFinance is an innovative and fast-growing global FinTech player in online investment management devoted to build the most technology-advanced platform for easy and smart investing. The global online lending and investment management company Alfa Finance Group was founded in 2015 with strong idea to create original and modern finance services so that anyone can become his or her own personal investor and financial director in a safe, easy and smart way.
Contact info
Antonijas street 5, LV-1010, Riga, Latvia
- +371 67630363
- info@dofinance.eu
- dofinance.eu
Same story as mane others form 750 euro…
Same story as mane others form 750 euro of total value, not the account is wort 23 euros.
No e-mail, not commuunicaiton.
Totally looks like a scam!
Could have a joint legal suit?
money is gone. no one is responding
Dofinance just changed the policies overnight and sold the portfolio with a rest value of 1,13%!!!
The cynical comment from the founder Ilja Ovcharenko is, that this is "in the best interest of investors".
So 99% of my money disappeared from the platform.
Support does not answer anymore and also the telephone number where they advertise "whatsapp support" is not valid anymore.
Totally Scam
Started three years ago; as per Feb 2023 suddenly my withdrawal request was not processed although it was available in my account but no payout. Recently my account was 'reduced' till a small amount left and still no pay out made. Support is zero; not reliable & no explanation. DON'T PUT YOUR MONEY IN DO FINANCE.
I lost my money.
Contracts changes overnight accordingly to their convenience. I lost 3k with them, their buy back doesn’t work. I feel scammed, and looking for layers in Latvia to issue this company. The founders will never sleep in peace again.
No safety features, communication and withdrawal requests ignored
I invested using 6 different p2p companies. All the others had safety features in place to limit problems caused by covid, market fluctuations, etc. This one didn't.
6,500 Euros invested, this and returns totalling 10,000 plus is now sitting at around 500 Euros and is being held by the company.
Small withdrawals made in 2020 went through with no problems but my requests this year go nowhere. I have either been
1. Asked for additional documentation
2. Ignored
and the money continues to decrease. Most recently due to 'additional fees'.
The withdrawal I requested on the site at the end of February now no longer appears in my account activity. Emails since March 6th have been ignored.
Contracts changed overnight and the…
Contracts changed overnight and the buyback guarantee was removed. Over 80% of my investment was lost. What little I have left is being held by them despite withdrawal requests.
Avoid at all costs.
Avoid, aviod, avoid. Massive, massive losses and absolutely no confidence in this company. The loans provided were supposed to have a buyback guarantee which was flagrantly ignored. Even remaining cash balances are not paid out upon request. It has all the trademarks of a company with no cash to distribute to their customers and are in serious trouble. Their Whatsapp chat service was last seen on the 4th of October 2022 and I'm wrting this review on the 14th of March 2023.
Emails regarding the payout of the 2% of my funds that remain have gone unanswered. This is a company on the brink of failure and I seriously advise anyone considering investing any funds with it to think twice. In fact, think three times and then don't do it.
Diabolical returns and little-to-no customer service mean that investing with them is akin to throwing your money away.
Avoid at all costs.
Total scam
Total scam, all investments from 2020 are gone, they have changed contract conditions several times, the funds were blocked for 3 years and at the end returned just 0.20% of my invested funds. Result is 99.80% loss
I lost all of my investments in this…
I lost all of my investments in this fake platform! Avoid if you want to keep your money.
Robbed
Same as below, i had 3k on the account for more than 2 years with a buy back guarantee). Last year thay said payback is delayed, and now its gone my balance zero, no reply to my emails to them yet either :(
The buyback guaranty is woth nothing
The buyback guaranty is woth nothing
The buyback guaranty is woth nothing. Since years they claim my money to be invested and can't be withdrawn. Very poor transparency and reliability.
I can confirm that

Reply from Dofinance
The buyback guaranty is woth nothing
The buyback guaranty is woth nothing. Since years they claim my money to be invested and can't be withdrawn. Very poor transparency and reliability.
serious platform but i hope they can recover from covid
I am using this platform since 2018. Until today they collected around 25% from the covid loans that ended in april 2020 and are locked since then. 75% outstanding invest amount but getting interest added daily. i hope one day i can benefit from the ongoing interest payments.
id like to see more updates and transparency about the debt collection and court process.
Until covid dofinance run very smoothly

Reply from Dofinance
I have invested in Dofinance since…
I have invested in Dofinance since 2018, my last 3 investments have been finished since 7.5.2020 and 10.9.2020, but all my money (more than 3000 euros) are still stay in " MY INVESTMENTS PROGRAMS" so I can not neither reinvest nor withdraw

Reply from Dofinance
Be careful here
Be careful here! They don’t really have a buyback mechanism. My money is stuck with them. My account is stuck, it doesn’t generate any profits since April and they don’t let me withdraw my founds. Total disaster. I’m building a juridical strategy against them.

Reply from Dofinance
More than a year after my investment…
More than a year after my investment finished, Im still waiting to have my money back. They suspended buy back guaranteed with buy back obligation. They dont provide any numbers to see how the outstanding loans are performed, but give us meaningless emails by templat.
in my opinion, stay away from them

Reply from Dofinance
I give 1 star because i can’t give 0.
I give 1 star because i can’t give 0.
I am an investor with exposure in default for over a year. The platform does not have a recovery process, they just send emails without explaining the details.
The contracts changed overnight and the buyback guarantee was removed.
not recommended

Reply from Dofinance
Situation at 31 Dec 2020
Situation at 31 Dec 2020
cash 81 EUR
investments expired and locked 4104 EUR
current investment 980 EUR
Situation today
cash 415 EUR
investments expired and locked 4648 EUR
current investment 280 EUR
withdrawing cash today.
These late reviews are scam
These late reviews are scam, stay away from this platform. Any money you put it most probably will never get back again

Reply from Dofinance
Stay away from these scammers
Stay away from these scammers. I invested almost two years ago and all my loans expired almost a year ago, however I have not received my money yet. During the past year I received some payments from time to time but this year I received NOTHING. The excuse they give is that the loans are in court, but who can believe this? How is it possible that 100% of the loans in Poland and Indonesia are in court, is there not a single client tha has paid back his loan? I could understand a small percentage of 10% or 20% but not all the loans, when I am also in other platforms in these countries and I have no problem. I am afraid that those of us in this situation (the vast majority) will have to press charges against them to try to get our money back.
ANSWER: I have received 10 euros in 2021. For me it is the same if the loans are in the court or in an external collector, the result is that I am not getting my money back as it was stated in the contract.

Reply from Dofinance
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