Krisjanis Znotins
CEO, Hive Finance Group and Hive5
Leads group strategy and platform development, with a focus on product, transparency and reporting.
Clear terms and the company behind them
This page explains what Hive5 does, how it is owned, who runs it and what the risks are.
What Hive5 is and is not
Hive5 is a loan investment marketplace. Investors acquire claim rights relating to loans that loan originators have already issued, from €10 per opportunity, under the applicable assignment and platform agreements.
The borrower has already received financing before the loan appears on Hive5. Hive5 does not issue the underlying loans, and investors do not lend directly to borrowers. Payments depend on borrower repayments, the loan originator’s performance and any applicable buyback obligation.
Hive5 is
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A marketplace for claim rights relating to already-issued loans
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An intermediary between loan originators and investors
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Operated by Hive5 marketplace d.o.o., registered in Croatia
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Subject to an annual independent audit at group level
Hive5 is not
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A bank or a deposit-taking institution
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A payment institution or e-money institution
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A crowdfunding platform that raises funds for project owners
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A provider of personal recommendations or discretionary portfolio management
Regulatory status. Hive5 is not regulated under any financial services licence. Based on our current legal assessment, this activity does not require authorisation as an ECSP crowdfunding service provider, a MiFID-authorised firm, a payment institution or an e-money institution. We are separately evaluating licensing options as part of long-term planning; no licence type, jurisdiction or timeline is confirmed. Read the full legal statement →
Hive5 in numbers
Published monthly from one internal data source.
€209.1M
Total loan volume funded since inception
€5.7M
Interest paid to investors
29,850
Registered investor accounts
14.2%
Average nominal annual interest rate
4 years
In operation since July 2022
As of 30 June 2026, Hive5 reported no loans classified as overdue on the platform. That is a record of past performance across four years of operation. It is not an assurance about future payments, and it does not remove borrower, loan-originator, liquidity, operational or legal risk.
OUR VISION
To become Europe’s trusted marketplace for transparent and responsible loan investing.
The group behind Hive5
Hive5 is part of Hive Finance Group, a European business group bringing together the Hive5 marketplace and lending businesses in Poland, Spain and Romania.
A growing European business group
The group combines local market expertise with shared capabilities in strategy, finance, risk, technology and operations.
45
People across the group
Across marketplace operations, lending, risk, finance, technology and support.
3
Core lending markets
Poland, Spain and Romania.
4
Group-owned lending businesses
Ekspres Pożyczka, Firmeo, FinJet and Credilink.
Andrius Rupšys
Co-founder and main shareholder, Hive Finance Group
Nearly two decades of building international businesses
Andrius has spent close to twenty years building companies that operate across borders. In 2007 he founded Ruptela, a vehicle telematics and fleet-management technology company. He led it from a start-up into an organisation of more than 250 people, developing its hardware and software in-house and reaching clients in more than 120 countries.
He co-founded Hive Finance Group and is its main shareholder. He sets the group’s long-term strategic direction and remains actively involved in it.
What he brings to the group is operating experience rather than passive capital: building distribution across many jurisdictions, running an engineering organisation over a long period, and taking a business from first product to international scale.
2007
Founded his first technology company
19 yrs
Building international businesses
250+
People in the organisation he built
120+
Countries reached
Transparency and oversight
See the financial reports, lending company information and governance details available to investors.
Group financial reporting
Independent external audit
Hive Finance Group publishes consolidated financial statements audited by an independent external auditor.
The companies behind the loans
Entity-level disclosures
See which group lending companies issue and service the loans, where they operate and the types of loans they provide.
Governance and oversight
An independent chair and internal audit
The people responsible for management, board oversight and audit are identified together with their roles.
Board members, auditors and shareholders are named in full, with roles and reporting periods.
The people behind Hive5
Meet the team responsible for Hive5’s day-to-day operations and the Hive Finance Group leaders who support the platform.
Hive5 platform team
Day-to-day running of the marketplace
Inga Zubanovė
Head of Operations, Hive5
Responsible for day-to-day marketplace operations, loan flow and investor servicing.
Karolina Tomaševičė
Head of Marketing and Communications, Hive5
Leads investor communication, reporting and brand for the platform. Named media contact.
Hive Finance Group leadership
Group functions that serve the platform
Anete Pallo
Group Chief Operating Officer
Leads group operations, process efficiency and cross-company project delivery.
Alex James
Group Chief Risk Officer
Responsible for portfolio monitoring, risk scoring and business reporting across the group.
Aleksejus Tonkich
Chief Financial Officer
Leads financial strategy, planning, reporting and risk management.