European investment platform Estagteguru has shared their latest loan portfolio overview for the month of August 2024.
In August of this year, Estateguru revealed in a blog post that they have reportedly witnessed “continued growth” as well as more overall stability in their loan origination and “repayment activities.”
In August of 2024, Estateguru says that they experienced continuous growth and positive momentum in terms of platform issued loans and repayments.
With considerable contributions from several different markets, the Estateguru portfolio reportedly remains on track, delivering “strong” returns to investors.
Estateguru further shared more details on loan originations:
Of the €6.3 million that were reportedly funded in the month of August, Estonia is said to have contributed the “largest share” with almost €3 million, followed by Lithuania with almost €2 million.
According to the update from Estateguru, this was the “largest amount” from Lithuania during the past few months.
Estateguru also went on to share additional details on loan origination via the investment paltform over a 6-month period.
Repayments and recoveries
In August, Estateguru says that their loan portfolio remained fairly stable, with repayments and recoveries reportedly totaling €7.1 million.
The company also mentioned that this includes both “successfully” repaid principal and recoveries from “previously defaulted loans.”
During the past 12 months, Estateguru pointed out that a total of €84.59 million in loans was originated.
And of this amount, investment platform Estateguru revealed that €23.65 million has “already been repaid” to investors, while €60.69 million “remains on schedule.”
Estateguru further noted that the amount repaid has now increased compared to previous portfolio updates.
As stated in a blog post by Estateguru, the data for the 12-month portfolio was taken on September 30th.
As covered recently, Estateguru has introduced Smarter Investing, which is described as its new investment portal.
The investment landscape is constantly evolving, and at Estateguru, they believe in “staying ahead of the curve.”
And so, they are unveiling the beta version of their Investment Portal.
As noted in a blog post by Estateguru, this revamp isn’t only about a new look; it’s about “transforming your investing” journey into something more intuitive, efficient, and rewarding.