A Look Back at May

June has arrived, and with it, the full bloom of summer. The days are longer, the air is warmer, and everything feels just a little bit lighter. Whether you’re enjoying a well-deserved vacation or simply soaking up the sun during your coffee break, we’re here to give you a quick snapshot of what’s been happening — then we’ll send you right back to that sunshine.

May in Numbers

May was another strong month for Swaper! A total of 26 million EUR was funded across 46 247 new loans, bringing the total amount of loans facilitated on the platform to over 866.8 million EUR and 2.32 million loans. We’re also proud to share that we’ve now paid out more than 12.8 million EUR in interest to our users. It’s a steady climb, and we’re grateful to have you along for the journey.

If you’re the type who loves to explore all the stats, you can always dive deeper on our statistics page.

Blog Highlights

We had two important updates on the blog in May, and here’s a quick look at what you might’ve missed:

Wandoo Finance Group: Q1 2025 Performance Report

On May 27, we published the Q1 2025 Investor Report from Wandoo Finance Group. The highlights? Continued growth across revenue, EBITDA, and net profit, strengthened operations in Peru, and a promising look into new market opportunities. Wandoo reported revenue of €14.2M, EBITDA of €3.2M, and net profit of €635K — strong signs of healthy, strategic growth.

If you’re curious to learn more, you can read the full report here.

Upcoming Interest Rate Changes: Short-Term Loans

On May 29, we announced upcoming changes to short-term loan claim right interest rates. Starting July 1, 2025, the new rate will be 12% (or 14% for Loyal members). If you’re using a custom Auto-Invest setup, be sure to adjust your settings by June 30, 2025 to keep things running smoothly. Or, switch to Easy Invest — it’ll handle the changes for you automatically.

Want the full details? Check out the announcement here.

Customer Support – Holiday Notice

Just a quick heads-up: in celebration of Midsummer Day, our customer support will be closed on June 23rd and 24th. Payments will also not be processed during this time, so please plan ahead and reach out to us early if you have anything urgent. We’ll be back right after the holiday, ready to assist.

Thanks for checking in with us. Here’s to a sunny, smooth, and successful June — we’ll see you next month!

Your Swaper Team