STEP 01
The loan originator issues the loan
The loan originator assesses the borrower, approves and issues the financing, and services the loan.
Transparency hub
Understand your investment. See how Hive5 works.
Get a clear view of the companies, agreements and processes behind your investment. Explore how repayments work, how risks are managed and where to find our financial reports.
Your investment, explained step by step
Hive5 gives you access to contractual claim rights linked to existing loans. Your Investment Agreement identifies the borrower, loan originator and payment terms.
STEP 02
The investment appears on Hive5
Review the lending company, interest rate, term and agreement before deciding.
STEP 03
You acquire the claim rights
Your investment gives you the contractual right to payments under the agreement.
Follow your repayments
Repayments are credited to your Hive5 balance when received, in line with the terms of your Investment Agreement.
When payments arrive on schedule
Follow the repayment schedule in your account. Follow your repayment schedule.
The lending company transfers the repayment
Principal and interest reach your Hive5 balance
If a payment is delayed
Interest continues to accrue during the 60-day overdue period.
EVERY LATE PAYMENT STARTS HERE
Payment becomes overdue
Interest continues to accrue
THEN, ONE OF TWO OUTCOMES
Payment received within 60 days
Received principal and interest reach your Hive5 balance
More than 60 calendar days overdue
The lending company must repurchase the claim rights with accrued interest under the Investment Agreement.
The buyback process is automatic. Payment depends on the lending company’s ability to fulfil its obligation.
Where your returns come from
Each participant has a defined role in the investment process.
Investor
Your returns are calculated at the stated interest rate confirmed in your Investment Agreement, which also specifies your repayment terms.
Lending company
Borrower interest and fees cover funding costs, credit losses and operating expenses, with any surplus contributing to profit.
Hive5
Hive5 receives service fees from lending companies for operating the marketplace and administering the investment process.
Meet the people and companies behind Hive5
Our group combines local lending businesses with shared experience in risk, finance, technology and operations.
A clear view of our group
Hive Finance Group brings together the Hive5 marketplace and lending businesses in Poland, Spain and Romania.
MAIN SHAREHOLDER
Andrius Rupšys
SHAREHOLDER
Ruptela Group
PARENT COMPANY
Hive Finance Group
MARKETPLACE OPERATOR
Hive5 marketplace d.o.o.
GROUP LENDING BUSINESSES
Group-owned lending businesses
Contractual obligations belong to the company identified in your agreement. Review its responsibilities and the conditions that apply to your investment.
MAIN SHAREHOLDER
Andrius Rupšys
SHAREHOLDER
Ruptela Group
SHAREHOLDERS OF
PARENT COMPANY
Hive Finance Group
GROUP ENTITIES
MARKETPLACE OPERATOR
Hive5 marketplace d.o.o.
GROUP LENDING BUSINESSES
Group-owned lending businesses
Contractual obligations belong to the company identified in your agreement. Review its responsibilities and the conditions that apply to your investment.
Shareholders
Andrius Rupšys
Main Shareholder
Ruptela Group
Shareholder
Group leadership
Krisjanis Znotins
CEO, Hive Finance Group
Anete Pallo
Group Chief Operating Officer
Risk, finance & operations
Alexander James
Group Chief Risk Officer
Aleksejus Tonkich
Chief Financial Officer
Inga Zubanovė
Head of Operations, Hive5
OWNERSHIP LINK
Shareholders
Andrius Rupšys
Main Shareholder
Ruptela
Shareholder
GROUP LEADERSHIP
Group leadership
Krisjanis Znotins
CEO, Hive Finance Group
Anete Pallo
Group Chief Operating Officer
OPERATIONS
Who runs each function
Alexander James
Group Chief Risk Officer
Aleksejus Tonkich
Chief Financial Officer
Inga Zubanovė
Head of Operations, Hive5
Digital consumer lending, from application to repayment.
Nectar Capital S.L. combines online applications, identity checks, bank-data analysis and credit scoring with local loan servicing.
Flexible credit for returning customers.
We Finance IFN S.A. offers revolving consumer credit lines. Investments on Hive5 are linked to business financing provided to Credilink.
Financing for entrepreneurs and growing businesses.
Firmeo Business Finance sp. z o.o. assesses business cash flow and operating performance when providing instalment loans to Polish SMEs.
These cards describe each company’s lending business. Review the borrower, investment structure and terms shown on Hive5 for each opportunity.
The legal framework behind Hive5
Hive5 is a marketplace for claim rights arising from loans that lending companies have already issued and funded. Investors acquire existing contractual rights to repayment under an Investment Agreement.
Hive5 operates the marketplace and administers these transactions. It does not issue the underlying loans, arrange a new loan between the investor and borrower, or raise funds for new projects.
Read about our marketplace model
We are currently reviewing applicable licensing requirements and evaluating licensing and supervisory options for Hive5’s future development. We will share confirmed updates with investors.
- WHAT YOU ACQUIRE
- Contractual claim rights arising from an existing loan.
- WHO IS RESPONSIBLE
- The borrower and loan originator, each according to the obligations defined in your Investment Agreement.
- OUR ROLE
- Operating the marketplace and administering transactions in loan claim rights.
How we manage investment risk
Borrower assessment, clear contractual obligations and financial reporting help you evaluate each investment. Here is how these measures work and what to consider.
Measures behind your investment
Practical processes and documents you can review.
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Borrower repaymentLending companies assess borrowers under their credit procedures; checks may include creditworthiness and affordability.
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Buyback obligation
For all loans on Hive5, the lending company must repurchase the claim rights once a payment is more than 60 calendar days overdue.
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Uninvested funds
Uninvested funds are held in a separate account from Hive5’s operating funds.
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Financial reporting
Published group accounts include independent audit findings and notes for investors to review.
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Platform operations
The applicable agreements define responsibilities and procedures if Hive5 can no longer operate.
Make an informed choice
Consider these factors alongside the measures in place.
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Borrower repaymentRepayment still depends on the borrower; delays or defaults can reduce the amounts you receive.
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Buyback obligation
Buyback remains a contractual obligation. Payment depends on the lending company’s financial capacity.
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Uninvested funds
Separation does not eliminate bank, operational or insolvency risk and does not guarantee recovery.
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Financial reporting
An audit adds independent scrutiny; it cannot guarantee future solvency or investment repayments.
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Platform operations
Technical failures or insolvency may interrupt servicing, delay repayments or lead to incomplete recovery.
Understand each contractual protection. Buyback is the lending company’s contractual obligation. Review the trigger and repayment terms in your Investment Agreement.
Investment risks in detail
Explore each risk, how it may affect your investment and the measures in place to address it.
Lending companies assess affordability and creditworthiness according to their own procedures. The checks vary by product and market; borrower defaults remain possible.
Group risk leadership monitors portfolios, while financial reports help investors assess the business. Liquidity or solvency difficulties can still affect repayments and buyback.
Investment agreements define your rights if Hive5 becomes insolvent. Transaction information would be provided and new investments stopped. Servicing and repayments could still be disrupted.
A sale on the Secondary Market can only be completed if a buyer is found. Listing an investment does not guarantee a sale, so be prepared to hold it until repayment.
Our lending companies serve different markets and customer segments. Because they share a group, difficulties can affect several companies at once. Consider your combined exposure.
We work with legal advisers on our marketplace model. Changes in law or enforcement can affect operations and recovery; agreements remain central to assessing your rights.
We publish dated reports and updates so you can distinguish audited accounts from recent platform figures. Past returns do not predict future performance.
Local teams assess lending in their own markets. Changes in employment, business conditions or exchange rates can still affect borrowers and lending companies.
Identity verification supports account checks. Keep passwords and email access secure, and report suspicious activity to support. Fraud, technical failures and process errors remain possible.
Understand the risk. Investing involves the possible loss of some or all of your capital. Investments are not covered by a deposit guarantee or investor compensation scheme.
Read the reports behind the numbers
2024 audited financial statements
Independently auditedA complete view of the Group’s finances
UAB Veritas auditas audited our FY2024 consolidated statements and issued an unmodified opinion. The report also identifies a material uncertainty related to going concern. Note 22 explains the position and management’s plans.
WHAT THE REPORT CONTAINS
- Group financial results
- Cash flow and equity
- Independent auditor’s opinion
- Accounting notes and disclosures
INDEPENDENT AUDITOR
UAB Veritas auditas
Responsible auditor: Domantas Vaičekonis · Year ended 31 December 2024
Start with these documents
3 resourcesRead the complete report alongside our results overview and current legal assessment.
Keep track of new reporting. Our published reports and financial updates are collected here for easy access.
Useful documents, all in one place
Open the source document for the full terms, figures and explanations.
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FINANCIAL REPORTING · PDF
FY2024 audited consolidated financial statements
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FINANCIAL REPORTING · OVERVIEW
FY2024 results explained
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LEGAL · ON-PAGE SUMMARY
Croatian licensing assessment
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MARKETPLACE MODEL · LENDING COMPANIES
The businesses behind your investments
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LEGAL · AGREEMENT
User Agreement
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MARKETPLACE MODEL · BUYBACK
How the buyback obligation works
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LEGAL · PRIVACY
Privacy Policy
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LEGAL · COOKIES
Cookie Policy
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MARKETPLACE MODEL · RISKS
Investment risks explained
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Read each document in full alongside the agreement for your investment.
Stay informed as Hive5 develops
Follow our reporting, marketplace updates and legal explanations.
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Read assessment
Transparency information reviewed
Investment structure, risk explanations and the scope of our Croatian legal assessment.
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Read update
August platform update
Recent platform figures and progress on the Secondary Market.
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Explore reporting
FY2024 audited results
Group results and access to the independent audit.
Your questions, answered
Find clear answers to the details that matter before you invest.
Hive5 operates a marketplace for claim rights arising from loans already issued and funded by lending companies. Our current legal position is that this model does not require authorisation as a crowdfunding provider, investment firm, payment institution or e-money institution in Croatia.
Read our marketplace and legal overview
Your balance consists of funds available for investment or withdrawal. When you invest, those funds are used to acquire contractual claim rights under an Investment Agreement.
They are held in dedicated investor-funds accounts, separate from Hive5’s operating funds, with accounting records and reconciliations. This is not statutory deposit protection.
The buyback obligation applies to all loans on Hive5. Once a payment is more than 60 calendar days overdue, the lending company must repurchase the claim rights with accrued interest. Payment depends on its financial capacity.
Review the company’s lending model and operating market, the stated interest rate, investment term and repayment schedule. Make sure you understand the investment risks, buyback terms and your total exposure across Hive Finance Group.
The lending company makes the credit decision and services the loan. Its checks depend on the product, borrower and local market.
If Hive5 becomes insolvent, your Investment Agreement with the lending company remains in force. Hive5 would stop new investments, provide your transaction records and return available uninvested funds where permitted by law. Servicing and payments could still be delayed.
If a lending company becomes insolvent, it may be unable to make repayments or fulfil its buyback obligation. Recovery would follow the procedure in your Investment Agreement and applicable law. Payments may be delayed, and the amount recovered may be less than the amount invested.
You can sell an investment on the Secondary Market before its repayment date if a buyer is found. Offering a discount of up to 50% lowers your sale price and may help attract buyers, but it does not guarantee a sale. If no buyer is found, the investment remains in your portfolio under its repayment terms.
OWNERSHIP LINK
Shareholders
MAIN SHAREHOLDER
Andrius Rupšys
SHAREHOLDER
Ruptela Group
Contractual obligations belong to the company identified in your agreement. Review its responsibilities and the conditions that apply to your investment.
EXECUTIVE MANAGEMENT
Group leadership
CEO, HIVE FINANCE GROUP
Krisjanis Znotins
GROUP CHIEF OPERATING OFFICER
Anete Pallo
CONTROL & OPERATING FUNCTIONS
Named responsibility owners
RISK & PORTFOLIO
Alexander James
FINANCE & REPORTING
Aleksejus Tonkich
MARKETPLACE OPERATIONS
Inga Zubanovė