November Highlights & Key Updates

As December unfolds with its festive lights and winter calm, we find ourselves in the final chapter of 2025. While many turn their attention to year-end matters, we invite you to take a brief moment to look back. Below is a summary of the key updates and results from the past month.

Platform Activity – November 2025

In November, Swaper’s platform continued to demonstrate steady momentum. A total of 18.56 million EUR was funded through new loans, bringing the total volume on Swaper to more than 1.02 billion EUR and 2,58 million loans. We’re also happy to share that our users have now earned over 15.62 EUR million in interest. For a more detailed overview, please check our statistics page.

Wandoo Finance Group – Q3 2025 Performance

The third quarter of 2025 marked another strong period for Wandoo Finance Group, with continued growth across all key metrics:

  • Net profit for the first nine months of 2025 exceeded the full-year 2024 result by 50%.
  • Revenue reached 15.4 million EUR, up 58% YoY.
  • EBITDA stood at 3.1 million EUR, up 24% YoY.
  • Equity increased to 10.1 million EUR, showing a 63% YoY growth.

Operational highlights included record performance in Romania, improved marketing efficiency, and a fully automated lending process launched in Peru. Risk management remained disciplined, even as the portfolio grew — maintaining a high-quality structure across markets.

Read more about it here.

Swaper Annual Report 2024 – Key Takeaways

Earlier this month, we published our audited Annual Report for 2024. Here are the main highlights:

  • Revenue grew to 4.43 million EUR (2023: 2.97 million EUR).
  • Platform adoption accelerated: total user-provided funds rose to 32.7 million EUR, and active users increased by 17%.
  • Cumulative loan volume reached 760 million EUR, a 50% increase year-over-year.
  • Despite a small net loss of 57,864 EUR, our position strengthened through increased activity and a broader loan offering.

Notably, the implementation of a new business model via SW Finance OÜ marks an important milestone, enabling us to expand into business loan origination under a licensed structure.

Read more about it here.

Looking Ahead

We remain focused on sustainable growth, operational transparency, and strict risk management. Our priorities for the upcoming year include:

  • Expanding loan variety by working with new loan originators.
  • Improving user experience and platform functionality.
  • Maintaining strong compliance with regulatory requirements.
🎄 Wishing You a Peaceful December

As the holiday season begins, we would like to thank you for your continued trust. December brings a certain calm and reflection — and while we remain focused on our work, we also wish you joyful holidays and a successful start of 2026.