We are pleased to start spring with a review of a very successful February. Hive5 reached a total loan volume of 3 842 045 Eur. It is a brilliant result for us, as we managed to grow by 55% compared to January. We feel delighted that our hard work shows meaningful milestones month after month. Thank you for trusting our platform.
Let's take a look at February's main numbers:
• Total loan volume funded since inception – 3 842 045 Eur
• Loan volume originated in February – 1 081 770 Eur (+55% vs January)
• Number of loans originated in February – 2 341
• Average nominal interest rate of loans originated in February – 15,10%
• Number of active investors – 611
We are happy that our new product, BNPL loans, is becoming increasingly popular among investors. Hence, investors like diversifying their portfolios by investing in different loans, which is always a smart choice!
Recently our team has been focusing on improving the website. Soon you will be able to download account statements straight from your investor's profile. Hence, we will continue to ensure stable growth of the platform to make it easy to use for every investor.
Besides, we have some exciting plans for this spring. Our CEO, Ričardas Vandzinskas, will visit the Leading trade fair and congress “Invest Stuttgart” in Germany. It is the largest and most significant event in the German-speaking countries around the topic of finances, which will be held on 17 - 18 March 2023. As the event organisers communicate: The exhibition aims to combine theory with practice. Accordingly, it is a great chance to meet financial professionals in person. If you be there, let’s meet, please drop us a message at info@hive5.com.
