Reviewing business results for such a successful month as September is always a great pleasure. In September, we saw significant growth in loan volume and a steady increase in active investors, further demonstrating the platform's continued progress and trust in our business. With over 62 mln EUR in total loan volume funded since inception, hive5 remains committed to delivering strong, reliable results for the investors.
Let's take a closer look at the main business highlights for September:
- Total loan volume funded since inception: 62,592,600 EUR
- Loan volume originated in September: 5,053,383 EUR (vs. 3,734,058 EUR in August)
- Number of loans originated in September: 7,302
- Average nominal interest rate of loans originated in September: 14.8%
- Number of active investors: 14,670
- Paid back principal total: 52,544,796 EUR
- Paid back interests total: 1,281,000 EUR
September has been marked by rapid growth in loan volume originating, reaching over €5 million for the month. This significant result demonstrates still growing interest in hive5's investment opportunities (compared to August's 3.7 mln EUR). In addition, we're proud to share that hive5 has paid out more than €1 million in interest to investors. With over 52 mln EUR in principal paid back, investors can continue to trust that their funds are in safe hands.
Looking ahead, hive5 focuses on expanding into new markets to provide our investors with even more diversification options. This strategic move will allow us to continue growing while offering our users more investment opportunities.
As we continue to expand and develop new markets, we're grateful for our investors' trust and look forward to reaching new milestones together.
