Hive5 Monthly Review: More Than 20 M Eur Loans Funded Since Inception

Hive5 Monthly Review: More Than 20 M Eur Loans Funded Since Inception

As we enter October, with autumn underway, we are delighted to witness a steady increase in the number of investors month after month. Since the platform's inception, we have reached an impressive total loan volume of 20 800 141 Eur. We are delighted with this number, showing investors’ trust in the platform.

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

  • Total loan volume funded since inception – 20 800 141 Eur
  • Loan volume originated in September – 3 236 899 Eur
  • Number of loans originated in September – 4 245
  • The average nominal interest rate of loans originated in September – 15,81%
  • Number of active investors – 3 540

In a strategic move, hive5 temporarily put the growth of originated loans on hold last month. Taking this step gives more time for “Ekspres Pozyczka” to improve the accuracy of risk assessment and scoring model to ensure sustainable growth in the future. Additionally, it's important to note that hive5 remains committed to maintaining a genuinely low level of late loans. This dedication to risk management is a crucial factor in preserving the trust and confidence of investors. However, we still call September another successful month for hive5. The platform's consistent loan originations reflect a commitment to both investors and our loan originator. As we move forward, we promise to continue evolving and improving our services to provide you with perfect investing experiences.

 

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