We are delighted to review the latest and very successful results of hive5. The company reached a total loan volume of 929 092 Eur in December. It was a record-breaking month, as hive5 grew results by 86% compared to November. And it is only the beginning; undoubtedly, 2023 will bring new exciting records for the company.
Let’s take a look at the main results of 2023:
• 2 061 851 Eur – total loan volume financed since inception
• 745 070 Eur – repaid amount from the inception
• 21 629 Eur – total repaid interest amount
• 14,70% – average nominal interest rate of loans originated in 2023
• 431 – the total number of investors
The team of hive5 has entered 2023 with very ambitious goals, some of which they will implement very soon. For instance, the Loan originator “Ekspres Pozyczka” has already received approval for a license and will be the first Consumer Lending company to issue credit cards in Poland. Accordingly, hive5 will offer to invest in this new and fascinating project. Additionally, “Ekspres Pozyczka” is getting an even more trustworthy company by placing in the MIP registry (The Small payments institution) in KNF (The Polish Financial Supervision Authority). The company only needs to finalize all necessary documents for KNF requests (procedures, plans, etc.).
Furthermore, last month hive5 was recognized as the fastest-growing P2P company by Todocrowdlending.com. It is a nice and encouraging recognition that will remind the company to keep growing.