Monthly review. More than 2 million of funded loans since inception

Monthly review. More than 2 million of funded loans since inception

We are delighted to start the new year with a review of a very successful December. We reached a total loan volume of 929 092 Eur in the previous month. It was again a record-breaking month, as we managed to grow results by 86% compared to November. And it is only the beginning; undoubtedly, 2023 will bring new exciting records for the company. We can promise to work hard on it.

Let's take a look at December's main numbers:

• 929 092 Eur - the invested amount in December (86% vs November)

• 2 061 851 Eur – total loan volume financed since inception

• 745 070 Eur – repaid amount from the inception

• 21 629 Eur - total repaid interest amount

• 2 135 - number of loans originated in December

• 14,70% - average nominal interest rate of loans originated in December

• 431 – the total number of investors

We have entered 2023 with very ambitious goals, some of which we will implement very soon. For instance, our Loan originator "Ekspres Pozyczka" has already received approval for a license and will be the first Consumer Lending company to issue credit cards in Poland. We cannot wait to offer to invest in this new and fascinating project. Additionally, "Ekspres Pozyczka" is getting an even more trustworthy company by placing in the MIP registry (The Small payments institution) in KNF (The Polish Financial Supervision Authority). The company only needs to finalize all necessary documents for KNF requests (procedures, plans, etc.).

What's more, in December, hive5 was recognized as the fastest-growing P2P company by Todocrowdlending.com. It is a very nice and encouraging recognition and will remind us to keep growing.

If you have any suggestions or need a piece of advice, just let us know: support@hive5.co

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