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Hive5 Analysis

Rank #67
Payday Loans
Resale Marketplace Lending

Last updated in August 2022.

What is Hive5?

Hive5 is a brand new resale marketplace lending platform registered in Croatia. It was launched in August 2022 by two Lithuanian professionals. It has funded €0.11m worth of loans to date - see Hive5 statistics for more performance insights.

Key Takeaways

  • Freshly launched P2P platform in the hands of two experienced professionals
  • The investment portfolio is still being built; short-term consumer loans from Poland available so far
  • No historical performance data; expected approx. 13-15% annual return

Who is Behind Hive5?

Ričardas Vandzinskas and Andrius Rupšys founded the platform and hold all the shares in Hive5 and Hive Finance Group. Andrius is a tech specialist and a founder of one of Lithuania's most innovative and growing IT companies, "Ruptela", while Ričardas’ background is in international finance and investment.

As of now (August 2022), Hive5 cooperates with one loan originator - Ekspres Pozyczka from Poland (which appears to be owned by hive finance as well).

So far, the company has received no external funding. Since it only just launched, no financial statements are available. 

Hive5's Investment Product

Hive5 intends to offer investment products in two investment categories: consumer and business. They also embrace a “dual” business model - they want to originate business loans directly via Hive Finance and also re-sell investments from loan originators across different countries.

So far, investments from one company based in Poland are available - Ekspres Pozyczka offers short-term consumer loans (up to 30 days). The typical amount range is between €100 and €400. Currently, investors can also put money in “business loans”, which effectively fund the operations of the loan originator. In other words, investors lend money to Ekspres Pozyczka, which then funds consumer loans issued to its clients.

Hive5 offers a “two-layered” buyback guarantee - the first layer provided by the loan originator and the second by the platform.

You can create your custom auto-invest strategy. There is no information about a secondary market.

How Much Can You Earn?

Hive5 has just launched, so no historical performance data is available. According to Hive5, loans from Ekspres Pozyczka should return up to 13% on personal loans and 15% on business loans annually.

No fees are charged to investors, while borrower fees depend on the loan originator and are not disclosed on the platform.

Other Considerations

The founders emphasise their will to finance sustainable projects, including renewable energy and ESG software (solutions to automate data collection and manage reporting for environmental, social, and governance initiatives).