Sunny results from July

A warm welcome to our dear users from sunny Tallinn. It appears that summer is still here and we’re thrilled to see that the vacay period has not slowed down the speed and traffic at Swaper Platform. The user base is still growing, our users are still very active, the number of loans and profit is in whooping increase… And we know, you probably want to get into that already. So let’s talk numbers.

July in Numbers

July was just incredible! Statistics show that the total volume of funded loans on Swaper in July reached an astonishing 24.76 million EUR. That’s more than 21% of growth compared to loans funded during June! The count of loans we offered on Swaper platform in July naturally increased along with it compared to June and the exact number is 49 547. We’re proud to mark here that it’s the highest amount in Swaper’s history and we just can’t wait to see the interest return it brings to our users! By the end of July, the total number of loans funded at Swaper had risen to 1.88 million and our users had accumulated a total of 9.06 million EUR in interest returns.

These great results were of course partially achieved thanks to 2-year business loans we introduced in July. It’s a great start and we’re really happy for being the little link between our loan originators and users helping them come together to make something great happen.

One last thing

Leaving numbers aside, we are also happy to celebrate the Day of Restoration of Independence in Estonia on the 20th of August. Our marketplace will perform as usual, but our customer support will be closed and your payments will be processed on the following day.

Wishing you a lovely August!
Your Swaper team