We’re pleased to see that even in the middle of summer, when markets often slow down, hive5 continues to deliver consistent results. July brought another strong month, showing that our community remains committed and engaged regardless of the season.
Let's take a closer look at the main business highlights for July:
- Total loan volume funded since inception: 119,119,136 EUR
- Loan volume funded in July: 7,526,513 EUR
- Number of loans originated: 10,007
- Average nominal interest rate: 15%
- Total registered investors: 27,186
Compared to June’s loan volume, we have increased by 27% in the originated loan volume in July. This is a satisfying result and a clear sign that we are moving in the right direction.
In addition, we have some important information to share: starting August 7, interest rates for certain loan types will be adjusted due to reduced costs and higher investor demand. New rates will range from 13.5% to 14% for Finjet ES loans. This change applies only to new investments made after this date and will not affect existing ones. If you use auto-invest, please review and adjust your settings accordingly.
Finally, we’ve acquired the hive5.com domain, making it even easier to find us. You can now reach our support team at support@hive5.com or continue using support@hive5.co.
