Swaper has been performing good and that is thanks to our investors who trust us. July has been picking up the speed from the COVID-19 and shows higher numbers than June which is a good news for all of us.
Lets look at the July numbers. Total number of loans grew 2.5% from month before to 543 thousand totaling cumulative volume to 164.7m EUR. Total cumulative interest paid to investors jumped to 2.3m EUR. During last month our investors have been active on referring us to their friends so therefore we saw 406 new investors joining our platform and that is 2.5 times more than year before. See more from our Statistics page.
We wanted to publish our financial report in July but unfortunately we need more time to make the final adjustments and corrections which we planned as COVID-19 and summer vacations have been interrupting both our and auditors schedules. We are working closely with them to get it published as soon as possible on on our website.
During the upcoming months our team is working hard to make investing more appealing and therefore be ready for some changes in the near future. Product updates that are on their way include better overview page of our campaigns, usability improvements on web and mobile apps. As soon new updates you will see them in the product itself and will announce it on Swaper Facebook page. In the meantime keep referring us to your friends and family so they can also get into habit of investing.
Stay tuned for action on our platform and thank you for being with us!