Hive5 noticed its lending volumes fall by 7.5 per cent month-on-month in July, which it attributed to “market seasonality”.
The Croatia-based peer-to-peer lending market mentioned that it originated simply over €2.4m (£2m) final month, throughout 3,809 loans.
This was down from €2.6m in June.
Nevertheless, regardless of the “normal seasonal slowdown in investments”, Hive5 mentioned that 233 new lively traders joined the platform in July, bringing the whole as much as 3,069.
Learn extra: Hive5 cuts rates of interest on Polish originator’s loans
The most recent statistics carry Hive5’s complete lending thus far to simply over €13.8m, whereas the platform has now repaid over €10m since inception.
“Moreover our core operations, Hive5 additionally engaged in inventive works, comparable to producing video content material that includes Ekspres Pozyczka’s chief government,” Hive5 mentioned.
“As well as, we have now revealed important monetary experiences on our firm, Hive Finance, Hive5 and Ekspres Pozyczka. This initiative strengthens our presence as a trusted P2P platform throughout the monetary sector. We’re happy that Hive5’s dedication to fostering transparency and accountability continues to draw traders.”
Hive5 revealed final month that it hopes to construct a €30m mortgage portfolio by the tip of 2023.