Hive5 monthly review: 56% increase in originated loans

Hive5 monthly review: 56% increase in originated loans

With the first days of autumn, we're delighted to report that our platform experienced rapid growth in August. The cumulative loan volume since the inception of 17.5 million Eur speaks about your trust in us. Moreover, we reached an impressive 56% increase in monthly growth compared to July. We are highly satisfied with this successful end of summer.

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

  • Total loan volume funded since inception –17 563 242 Eur
  • Loan volume originated in August – 3 760 929 Eur (+56 % monthly growth vs. July)
  • Number of loans originated in August – 4 118
  • The average nominal interest rate of loans originated in August – 15,91%
  • Number of active investors – 3 358

Our team is excited and determined to improve our services as we enter the new season. Since launch, we have promised to give you more diversification options. With this in mind, we're actively exploring new markets and making final business decisions. Please stay tuned for more updates.

Finally, we want to thank all our customers for your trust. You have become a genuinely loyal community. If you have any questions or suggestions, we are always happy to help you: support@hive5.co

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