As the July’s sun shone brightly, hive5's team worked tirelessly, contributing to the company's growth. Despite the usual seasonal slowdown in investments, the investor community expanded, reaching 3,069 active investors. However, there was a slight decrease of 7.5% compared to June, but the platform still managed to originate 2,411,483 EUR worth of loans. This remarkable performance showcases the adaptability of hive5, even during market seasonality.
Let's take a look at the main business results for July:
- Total loan volume funded since inception – 13 802 313 EUR
- Loan volume originated in the previous month – 2 411 483 EUR (-7,5% vs June)
- Number of loans originated July – 3,809
- The average nominal interest rate of loans originated in July – 16,21%
- Number of active investors – 3 069
- Repaid amount from the inception – 10 067 001 EUR
- Total repaid interest from the inception – 210 660 EUR
- Listed loans from the inception – 16 960 653
Besides our core operations, hive5 also engaged in creative works, such as producing video content featuring Ekspres Pozyczka's CEO. In addition, we have published significant financial reports on our company, Hive Finance, hive5 and Ekspres Pozyczka. This initiative strengthens our presence as a trusted P2P platform within the financial sector. We are pleased that hive5's dedication to fostering transparency and responsibility continues to attract investors.
