November brought steady growth, with key metrics improving compared to October. The loan volume originated during the month was €4,706,467, a notable increase from October’s €4,374,093. Therefore, we are fully prepared to conclude this year on a high note.
Let’s take a closer look at the main business highlights for November:
- Total loan volume funded since inception: 71,153,324 EUR
- Loan volume originated in November: 4,706,467 EUR
- Number of loans originated in November: 7,626
- The average nominal interest rate of loans originated: 14.2%
- Number of active investors: 17,451
- Paid back principal total: 59,620,228 EUR
- Paid back interests total: 1,541,367 EUR
As we focus on closing out a successful year, our team is working hard preparing strategies for 2025. We are reviewing performance, analysing opportunities, and identifying improvement areas to deliver more value to our investors.
In addition to operational developments, we’re excited to announce an important update from our IT team: investors can now download account summaries directly from the platform. This new feature simplifies account management, ensuring a smoother user experience.
Thank you for being a part of hive5. We look forward to achieving even more significant milestones together!
