2024 May Monthly Review: Navigating Market Dynamics and Future Expansion

2024 May Monthly Review: Navigating Market Dynamics and Future Expansion

Summertime is finally here. However, we stay focused on our business success and offer you an excellent opportunity to invest your money wisely. Last month, the invested sum slightly dropped, which was expected because we listed fewer loans due to a temporary decrease in business demand.

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

  • Total loan volume funded since inception: 46 438 712 Eur
  • Loan volume invested in May: 3 145 471 Eur
  • Number of loans originated in May: 4 257 
  • The average nominal interest rate of loans originated in May: 14.84%
  • Number of active investors: 11 757 

At hive5, we are committed to keeping our investors well-informed. The slight decline in investment sum and loan listings in May is part of the natural business cycle. Excitingly, our team is preparing to launch Romanian business loans, the loan originator that promises new and diverse investment opportunities for our valued investors. This initiative underscores our commitment to expanding and adapting to new markets, ensuring we continue to meet the evolving needs of our users. 

Our team is dedicated to constantly analyzing market trends and adapting our strategies to provide the best possible service to our investors. Your trust and support are the main factors of our success, and we deeply appreciate your role in our community. Thank you!

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