
August’s Highlights
August in Numbers
August was another strong month on the platform. A total of 24,27 million EUR was funded through 44 578 new loans, bringing the total volume on Swaper to more than 964,2 million EUR and 2,45 million loans. We’re also happy to share that our users have now earned over 14,22 EUR million in interest, with August making a steady contribution to this achievement. For a more detailed overview, please check our statistics page.
Here’s what you need to know:
- Current Terms remained valid until July 29, 2025, 23:59.
- The updated Terms are now in force since July 30, 2025.
- You can review them in your Swaper account → My Profile → Agreements section.
- Continued use of Swaper confirms your acceptance.
- Introduction of a new verification provider (ShuftiPro) for user identification.
- More detailed user requirements, including declaration of PEP status and restrictions on illicit funds.
- Clearer separation of liability clauses for Users and Swaper.
- Removal of the unused “Payment Processing Fee” definition.
- Clarifications on data processing, with data stored in the EU but managed by a UK-based KYC provider.
- Revenue: €14.3M (+88% YoY, +2% QoQ)
- EBITDA: €3.1M (+88% YoY, -2% QoQ)
- Net Profit: €1.7M (+500% YoY, +167% QoQ)
- Lowered cost of funding and strengthened financial position
- New executive hires and strategic sponsorship with CFR 1907 Cluj for brand visibility
- Portfolio quality remained stable and resilient, with only minor shifts in loan buckets and a consistent 10.3% loss rate
August closed the summer on a strong note, and now we’re entering September with optimism, stronger foundations, and exciting momentum ahead. Stay tuned for more updates, and as always, thank you for being part of our journey.
Here’s to a productive and rewarding September for all of us!
