As most of us return to work after the holiday season, it’s the perfect time to share how hive5 performed in the final month of summer. August was another solid month for our platform, and we’re especially happy to see investor engagement holding strong.
Let’s take a closer look at the main business highlights for August:
- Total loan volume funded since inception: 124 639 519 EUR
- Loan volume funded in August: 6 556 474 EUR
- Number of loans originated: 7 885
- Average nominal interest rate: 14.1%
- Total registered investors: 27 338
Compared to July, we’ve noticed a slight decrease in originated loan volume. As we mentioned in our previous updates, this is mainly due to reduced capital demand from our main loan originator, which is a natural part of business dynamics as companies adjust to their own operational cycles.
It’s important to note that this shift reflects a healthy ecosystem where businesses are currently operating efficiently and rely less on additional funding. We remain confident that loan volumes will continue to grow in a balanced and healthy way over time, especially as we onboard new originators and expand into new markets.
With the official launch of Credilink business loans and the upcoming release of consumer loans these days, investors can expect even more opportunities on the platform soon.
Thank you for staying with us.
