June has been a notable month for us, showing impressive growth and significant milestones. We are pleased to share our latest results, highlighting a meaningful increase in the total volume of originated loans compared to May.
Let's take a look at the main business results for June:
- Total loan volume funded since inception: 50 229 692 Eur
- Loan volume originated in June: 3 790 980 Eur (vs 3 145 471 Eur in May)
- Number of loans originated in June: 7 532
- Average nominal interest rate of loans originated in June: 14.59%
- Number of active investors: 12 250
We are excited to review a significant increase in our loan volume for June. The 21% growth compared to May confirms our determination to provide investors with perfect investment processes and constant reinvestment opportunities. The monthly funded loans have increased since its inception and will undoubtedly continue moving forward.
To support our growth, we recently transitioned to a new system that offers a more powerful technical solution. This upgrade has streamlined our investment process, enhancing efficiency and opening the way for further improvements. While the transition has caused some temporary issues for some investors, we assure you that each situation is known and will be solved as soon as possible. These changes are essential for our platform's continued stability and are an important part of our ongoing efforts to improve hive5's performance.
We greatly appreciate your patience during this transition period. Thank you!
