We’re entering one of the most dynamic periods of the year for hive5: the autumn/winter season. September marked another stable month for our platform. We continued to deliver consistent performance metrics: compared to August, the funded loan volume remained almost the same, reflecting stable investor engagement and consistent loan demand across our loan originators.
Let’s take a closer look at the main business highlights for September:
- Total loan volume funded since inception: 132 170 222 EUR
- Loan volume funded in September: 6 494 611 EUR
- Number of loans originated: 11 299
- Average nominal interest rate: 13%
- Total registered investors: 27 503
As we have published before, we are expanding once again, launching a new lending business in the dynamic Polish market. Firmeo Business Finance is a new alternative lender that will soon join hive5 as our first loan originator focused exclusively on business loans. In addition, our team is finalising the onboarding of a Romanian consumer loan originator, which will soon bring even more variety to the hive5 marketplace.
Thank you for staying with us and being part of our journey.
