In October, Crowdpear reached another important milestone, with total funded loans exceeding €60 million and reaching €60.71 million by the end of the month, reflecting the platform’s continued growth and investor activity. Within a month, Crowdpear investors funded €2.4 million in new real estate-backed loans.
During October, Crowdpear investors received €72,814 in interest payments, bringing total interest earned by investors since the platform’s launch to more than €3.8 million. The historical average annual return on investment stood at 10.57%.
Investors also received over €1.77 million in principal repayments, excluding interest, during the month, bringing the total repaid amount to €34.1 million.
By the end of October, Crowdpear’s investor community had grown to 11,873 users.
Other statistics:
- Average funded loan amount: €101,320
- Average loan-to-value (LTV) ratio: 58.36%
Update on loan recoveries
As of 31 October, loans with a total outstanding value of €2.29 million were undergoing recovery proceedings.
In accordance with Crowdpear’s Terms and Conditions, investors accrue an additional 5% annual interest during periods of delayed interest or principal repayments, provided that the project developer is not subject to insolvency proceedings.
More detailed platform statistics are available on the Crowdpear Statistics page.
If you have any questions, our Client Support team will be happy to assist you.
Thank you for choosing Crowdpear for your investments and for growing with us!