2024 April Monthly Review: Record-Breaking Month

2024 April Monthly Review: Record-Breaking Month

Our team is thrilled to announce that we have maintained and exceeded our growing monthly results. In April, we broke our previous record, reaching 3 868 560 Eur of originated loans. This achievement proves that consistent work yields consistent results.

Let's take a look at the main business results for April:

  • Total loan volume funded since inception – 43 401 618 Eur
  • Loan volume originated in April – 3 868 560 Eur (vs 3 671 399 in March)
  • Number of loans originated in April – 3 222
  • Outstanding loans in April - 6 602 849 Eur (vs 5 998 450 Eur in March)
  • Paid back interests from inception - 792 232 Eur
  • The average nominal interest rate of loans originated in April – 15.72%
  • Number of active investors – 11 272

In addition, it is important to mention that last month was exclusive because of the most significant sum of outstanding loans: at the end of April, we counted 6 602 560 Eur of them. We are satisfied that investors tend to invest more in business loans, which gives a more diversified portfolio.

Our commitment to growth and innovation remains the same. We are excited to share our plans to launch a new loan company in Romania, a strategic move that will open up new possibilities for investment diversification. With the excellent performance of our new Spanish loan originator, FinJet, we are confident that this expansion will bring fresh and exciting options to our community. However, it is just the beginning. Stay tuned for more updates. 

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