One more month passed by and it is time to look through the stats from our platform for the month of April. There was steady growth in most areas, and some even saw record-breaking numbers. The statistics reflect changes in the following data: number of registered users, money deposited, money invested, most popular industries and money invested using an auto-invest function. Plus, we will mention a new party that joined our platform this month. So, fasten your seatbelts and let’s go.
90 new users joined our Debitum Network platform last month. The total number increased from 1755 in March to 1845 in April, which is 5.13% growth in a month. With 556 users in the launch month that is a 232% increase in the period of 8 months. We are shy of the 2000 number and expect the milestone to be reached in May.
If you are interested in trying or simply looking at some features, assets, or financial info about specific borrowing companies and their assets you can register on our platform. It is free and will take only 1 minute. You can do it here.
After a minor slow-down in March, the number of deposits picked up last month. The users added 35,176 Euros to their accounts and the total number of deposits grew from 569,000 Euros to 627,436 Euros, which is 10.27% growth in April. We expect the number to increase significantly with the onboarding of institutional investors who would invest larger amounts in the nearest future (we have already onboarded some institutional money to our platform, here is the interview with one institutional investor).
If you want to try investing into assets the minimum depositing amount is just 50 Euros (from SEPA accounts or British Pounds (GBP) from local accounts, and US Dollars (USD) from US-based accounts)). The minimum investment amount is just 10 Euros. All transactions in the assets are done in Euros.
Investors put 507,518 Euros into various industries in the month of April. This is a record-breaking month. The total number of investments grew from 1,535,350 Euros to 2,042,868 Euros. That is 33.2% growth for the month and a whopping 5,575% increase from the launch of the platform 8 months ago. Another milestone has been reached. More than 2 million Euros have already been invested since the launch. With more loan originators coming and more institutional investors showing trust in our platform, 5 million Euro milestone seems quite close.
For the third straight month, the Wholesale industry has remained the most invested industry among others on our platforms. Each consecutive month, investments in the assets of the industry increased regularly from 41.5% in February to 60.65% in March and to 69.37 in April. The runner up – the Construction industry is way behind with 13.18% (of all investments). The first asset in the Health industry was uploaded by the end of the month, so no surprise that it got very few investments. With more loan originators coming the interest rates will rise in various industries and they will surely get more attention from investors.
Investors still prefer manual investing over an auto-invest feature, but the interest to use the feature has risen among investors slightly in April. There have been just 4 months since the launch of auto-invest feature and it will take some more time for investors to adjust and see the advantages of using the function such as the possibility to earn compound interest using all of the balance.
27,779 Euros were invested using the feature in the month of April (From 67,727 Euros in March to 95,506 Euros). That is 41% growth in the usage of the feature. Do not let your money stay idle and take advantage of all the benefits that the auto-invest feature gives.
In April, we onboarded new loan originator on our platform – Aforti Finance, a leading non-bank lender from Poland. It is one of the largest lenders for SMEs in the Polish market. They plan to regularly upload a big line of assets on our platform and we believe we have formed long-lasting and fruitful cooperation with the loan originator. The first assets are already there and you can invest in them now. Check the one below.
Debitum Network is aiming to expand to other geographical markets in the EU. Spain is one of our nearest targets and we expect to have more investors and service providers onboard our platform in the nearest future. Here is a review of our platform on financer.com that does comparisons of various loans and loan providers in the EU.
We are working on the expansion of our platform and plan to onboard more new loan originators, risk assessors, and due diligence parties in the upcoming months. We believe our investors deserve safer assets and attractive interest rates. Therefore, we seriously evaluate each potential service provider for our platform. If you want to test the quality of the assets on our platform, you can do it by registering on our platform and depositing the minimum amount of 50 Euros. The minimum investment amount into an asset is just 10 Euros.
If you haven’t joined our platform yet, it is a good time to do it.
Disclaimer: Investments in financial products are subject to market risk and any investment should only be done with risk capital. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.