2024 July Monthly Review: More Than 53 M Eur Loans Funded Since Inception

2024 July Monthly Review: More Than 53 M Eur Loans Funded Since Inception

Summer is passing quickly, and we hope you are still intensely enjoying the last month of summer. Despite a slight drop in the invested sum, our overall business results remain strong, which proves our strength in facing challenges. We continue to build a reliable and promising platform for our investors.

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

  • Total loan volume funded since inception: 53,807,827 Eur
  • Loan volume originated in July: 3,578,135 Eur
  • Number of loans originated in July: 6,330
  • The average nominal interest rate of loans originated in July: 14.2%
  • Number of active investors: 12,608

In July, we saw a slight decline in the invested sum. This can be caused by a decrease in the number of loans listed on our platform, primarily due to lower business demand. We strongly believe that this dip is only temporary.

Recently, our team has been deeply focused on strategic planning and preparing for the upcoming autumn season. As we prepare for the busy months ahead, we are committed to providing a stable investment platform. Our strategic focus and dedication to continuous improvement ensure that hive5 remains preferred for investors seeking profitable investment opportunities.

We look forward to achieving new milestones together in the coming months.

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