Overview of October
As the days grow shorter and the chill in the air becomes more palpable, it’s clear that we’ve entered the darkest time of the year. With the weather less than inviting, what better way to embrace the coziness of the season than to take a retrospective journey through the numbers from the past month? It’s that time again when we pause, reflect, and delve into the statistics that have shaped our recent experiences.
Let’s dive into the insights that the numbers have in store for us! In the month of October, we welcomed 30 277 new loans onto the platform. Moreover, the total number of all lifetime loans grew to 1,51 million. The total cumulative investments grew to 467,5m EUR. Our customers funded nearly 12,68m EUR of loans last months. We express our heartfelt gratitude to our incredible investors and look forward to witnessing further growth in the future.
Updates in our blog
- Peer-to-peer marketplaces have revolutionized various industries by connecting individuals directly, eliminating the need for traditional intermediaries, and reducing associated costs.
- Modern technology, including the internet, blockchain, AI, and machine learning, has played a crucial role in the growth of P2P marketplaces.
- P2P marketplaces are expected to continue evolving with advancements in technology, and they align with a societal shift towards sustainability and cost-efficiency.