This month we're proud to report the steady progress of business results. One of the most rewarding aspects of our journey is witnessing the continuous expansion of our investor community. In October, nearly 400 new investors joined hive5, bringing our total community to an impressive number of almost 4 000 investors.
Let's take a look at the main business results for October:
- Total loan volume funded since inception: 24 038 099 Eur
- Loan volume originated in October: 3 237 957 Eur
- Number of loans originated in October: 5 016
- The average nominal interest rate of loans originated in October: 15.71%
- Number of active investors: 3 937
Recently, we've focused on working with new markets. We handle paperwork for opening companies, look for team members, work on legal matters and many other important tasks. It is pretty complicated and responsible work but extremely exciting. As previously mentioned, at the end of this year, we will launch personal loans in Spain. Furthermore, we plan to introduce Romanian loans by the end of Q1 2024. This expansion will open up exciting oportunities for diversifying portfolios and enjoying higher returns.
Our team is grateful for the trust you've placed in us. Accordingly, we're committed to providing reliable and high-return investment opportunities.
If you have any questions or suggestions, we are always happy to help you: support@hive5.co
