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investors
Hive5 is a loan marketplace run from Zagreb, Croatia, since 2022. You buy parts of short consumer and small-business loans made by lending companies in Spain, Romania and Poland. Hive5 and all of these lenders belong to the same group, owned by the Lithuanian holding company Hive finance UAB. The home page shows €218 million invested since launch (September 2026), and the platform reported 10,641 loans funded by February 2026.
You pay in euros and buy loan parts from €10, by hand or with auto-invest. Loans are short, mostly a few months. In October 2026 three lenders were listed: Finjet (consumer loans, Spain), Credilink (Romania) and Firmeo (business loans, Poland). Finjet has supplied about 94% of the loans. If a payment is more than 60 days late, the lender must buy the loan back with the interest owed; Hive5 says late loans are in practice bought back from the first day.
The home page advertises an average of 14.4% a year (September 2026), with rates by lender of 13% to 13.5% at Finjet, 13.5% to 15% at Credilink and 13% to 14.5% at Firmeo (updated 8 August 2026). Rates are falling: the platform's statistics showed 15.02% in August 2025, and new loans averaged 13.0% in February 2026. These are interest rates on the loans; Hive5 publishes no measured return or method for the 14.4%. Independent tracking of investor portfolios points to about 14% a year (August 2026).
Hive5 states that there are no overdue investor claims to date (September 2026). This does not measure how borrowers pay: the group's lenders buy back late loans, so bad loans leave the platform before they can show up. On a marketplace like this a 0% default rate is normal; it tells you the lenders are still paying. The losses sit inside the group. Its audited 2024 accounts set aside €4.19 million for expected credit losses on €14.39 million of loans (29%), and €523,000 of loans were more than 90 days late. Hive5's detailed statistics page has been removed; its last figures date from 5 August 2025. No recovery or buyback figures are published.
The loans are unsecured. Your protection is each lender's promise to buy back late loans, supported by a guarantee from the parent company. So the credit you really take is that of the group, not the borrowers. The group is weak on paper: its auditor flagged a material uncertainty about its ability to continue as a going concern in the 2024 accounts, with negative equity of about €1.27 million and short-term debts €1.61 million above short-term assets. The parent that guarantees the buybacks, Hive finance UAB, had negative equity of about €169,000 at the end of 2025, and the Spanish and Polish lenders have share capital of a few thousand euros. There is no reserve fund or insurance. In plain words: if the group cannot pay, the buyback, the guarantee and the platform could all fail together.
Hive5 marketplace d.o.o. (Zagreb, registration no. 081441259) is wholly owned by Hive finance UAB (Lithuania). It holds no licence from Croatia's financial regulator (HANFA) or under the EU crowdfunding rules, and relies on a legal opinion of 23 January 2024 that it needs none. So no regulator supervises it, and Hive5 itself states that investments are not covered by any deposit guarantee or investor compensation scheme. It does not say which bank or payment institution holds investors' money.
Hive5 charges investors nothing to pay in, invest or withdraw. Nothing is withheld for tax; you declare interest yourself.
Loans are short, so money comes back within weeks or months as loans are repaid or bought back. Since autumn 2026 the home page also shows a secondary market for selling loan parts to other investors. Withdrawals have so far been processed normally, but with no regulator and no published client-money arrangement, nothing outside the group stands behind them.
Return: Very High — an advertised 14.4% a year on average, though rates are falling and no measured return is published. Risk: Low (higher means more risk) — no investor claim has been overdue, but we rate it one step worse because Hive5 is unlicensed, every lender belongs to its own group, the group's auditor raised a going-concern warning, about 94% of loans came from one lender and the statistics have been withdrawn. Risk-return: Medium — as on other marketplaces where lenders buy back late loans, the 0% figure reflects the buybacks, so we judge the balance on the strength and spread of the lenders; the high rate pays for a weak, concentrated group, and every concern above still applies.
License / Regulation: No licence. Hive5 marketplace d.o.o. (Croatia, reg. no. 081441259) is not authorised by the Croatian regulator HANFA or as a crowdfunding service provider under Regulation (EU) 2020/1503; it relies on a legal opinion of 23 January 2024 that no licence is required. No regulator supervises the platform, and investments are not covered by any deposit guarantee or investor compensation scheme.
No. Hive5 holds no licence from Croatia's regulator HANFA or under the EU crowdfunding rules, and relies on a 2024 legal opinion that it needs none. No regulator supervises it and no compensation scheme covers investors.
Hive5 does not say. It names no bank or payment institution and publishes no arrangement for keeping investors' cash apart from its own. Once invested, your money is in loan parts owed by the group's lenders.
€10 per loan.
Hive5 advertises an average of 14.4% a year (September 2026); current lender rates are 13% to 15%, and no measured return is published. It states no investor claim has been overdue, because group lenders buy back late loans. Inside the group, the 2024 accounts set aside 29% of loans for expected credit losses.
Only the lenders' promise to buy back loans more than 60 days late, backed by a guarantee from the parent company. All lenders belong to the same group, whose auditor raised a going-concern warning in its 2024 accounts, and the guaranteeing parent had negative equity at the end of 2025. The loans themselves are unsecured, with no reserve fund or insurance.
Loans are short, so money usually comes back within weeks or months. Since autumn 2026 a secondary market for selling loan parts is shown on the home page. Withdrawals have so far been paid normally, but no regulator stands behind them.
None to pay in, invest or withdraw. No tax is withheld; you declare interest yourself.
Because Hive5, the lenders and the guarantor are one group, a failure of the group could hit all of them at once. You would depend on what can be collected from unsecured loans across several countries, with no regulator, guarantee scheme or published client-money protection.
About 94% of loans have come from Finjet, a Spanish consumer lender in Hive5's own group whose company has a few thousand euros of share capital and publishes no accounts of its own. Your money therefore depends mainly on one related lender, not on a spread of independent ones.
