Looking back on August, it's clear that hive5 continues to experience steady growth and positive improvements. Our commitment to providing valuable investment opportunities is reflected in the numbers, and we're excited to share the latest results with you.
Let's take a look at the main business results for August:
- Total loan volume funded since inception: 57,541,885 Eur
- Loan volume originated in August: 3,734,058 Eur
- Number of loans originated in August: 6,584
- The average nominal interest rate of loans originated in August: 14.7%
- Number of active investors: 12,998
In August, we reached a 4% increase in loan volume originated from the previous month. This steady growth proves our investors' trust in us and the consistent quality of our opportunities. With a total loan volume funded since inception now exceeding 57.5 million EUR, hive5 is firmly on a steady expansion path.
In addition, we're constantly working on making our platform more user-friendly. Soon, we will introduce the option to download account statements directly from the platform. This new feature will provide greater convenience for our investors, who have been waiting for this improvement.
Last month, we reached a significant milestone in launching Romanian loans, which met with overwhelming interest. The high demand for these loans was evident as they sold out within a few days. This rapid uptake highlights both the strong market potential in Romania and investors' confidence in our new products. We are pleased to see such trust and enthusiasm in our business.
As we move forward, our team focuses on sustaining this growth while introducing new features and products that enhance the hive5 experience. With nearly 13,000 active investors and expanding loan offerings, hive5 is well-positioned to continue delivering strong results. We look forward to sharing more successes with you in the coming months
