Hive5, launched by Hive finance group in 2022, has quickly become the fastest-growing marketplace for investing in loans. Hive5 has attracted diverse clients from all over Europe, including private investors, HNWIs, and well-known companies, who view hive5 as a reliable investment marketplace.
Behind the success of hive5 are two beneficial shareholders who bring a wealth of knowledge and expertise to the company. Ričardas Vandzinskas, with over 15 years of experience working with multinational corporations, has been instrumental in the corporate governance of public and private corporations, with a focus on corporate risk management.
Hive5 operates as a so-called peer-to-peer marketplace, meaning you are not providing loans, but you invest in already issued loans by some microfinance companies also called loan originators.
Given that all loan originators are offering a buyback guarantee (promise to buy back loan from you in case it becomes overdue) it would be fair to say that investors are basically providing loans to loan originators that are secured with claim rights towards end borrowers.
On Hive5 you will find loans issued by 3 loan originators. Ekspres Pozyczka offers up to 30 days of short-term consumer loans in Poland. Mana Concept S.L. provides short-term and business loans in Spain. Ruptela buy now pay later loans.
When investing on Hive5 you basically provide a loan to a loan originator so you have to evaluate its financial strength and portfolio quality which is a challenging task.
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