Overview of May
As the warmth of summertime envelops us in its gentle embrace, a new month dawns upon us! With hearts full of anticipation, we bid farewell to May. Now is the perfect time to gather around and embark on a journey to uncover the story hidden within the numbers, as we wrap up May and celebrate the arrival of June.
May in numbers
We’re on track and making impressive strides. Last month alone, we added 29 930 new loans to Swaper platform, bringing the total count to an impressive 1 369 264. And get this: we funded 11.0 million euros in loans, which is 78% higher than the same month last year!
Even more exciting is that our cumulative investments have reached a whopping 407 million euros, and our investors have earned a cumulative return of 6.26 million euros by the end of May. It’s clear that we’re not just keeping up, we’re forging ahead and making big things happen!
Updates in our blog
Last month we published a post “The future of P2P marketplaces and its potential for disruption in traditional investing“. Here’s a little recap:
Discover how peer-to-peer (P2P) marketplaces are revolutionizing the investment industry, offering increased transparency, diverse investment options, and higher returns. These online platforms connect borrowers with lenders outside of traditional financial institutions, eliminating intermediaries and reducing fees. With advancements in technology and the democratization of investment, P2P marketplaces are poised to disrupt the status quo, providing individuals with the power to shape their financial future.
Swaper in FinFellas 2023
We extend our heartfelt gratitude to everyone who visited our booth at the recent FinFellas 2023.
Finfellas Riga 2023 is event that brought together experts and professionals from the P2P lending, real estate lending, and crowdfunding industries. Held at the remarkable Hanzas Perons venue in Riga, Latvia, this off-the-grid and off-the-record gathering provided a unique opportunity to delve into the latest trends, products, technologies, and regulations within these sectors. Attendees had the chance to network, exchange knowledge, and explore best practices while enjoying the vibrant atmosphere of a former Riga cargo railway warehouse transformed into a hub for culture, art, and events.
It was an incredible experience connecting with like-minded individuals and exchanging ideas. Your support and presence were truly invaluable. We look forward to seeing you again next year!
