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April 2016 overview

Another month has passed and it's time to have a look at the data. April was a another record-breaking month for Investly, it was the first time we sold more than €100,000 worth of invoices in one month. That brings the total to €186,186. This was achieved with the help of new and existing customers and investors. Quite a few of the companies who were somewhat hesitant at first have become repeat customers, because the service we offer is so good. In addition to signing up new investors and businesses, we also moved into a new office in the Old Town in Tallinn. It was definitely a busy month. Yield and duration figures shown below are weighted averages.

Invoice discounting (Estonia)Investly factoring invoices

  • total volume: €186,186
  • April volume: €125,954
  • average yield per 30 days: 1.31%
  • average annualized yield: 15.98%
  • average duration: 35 days
  • repaid: 10 (out of 21 sold)
  • default rate: 0.00%

Invoice discounting (United Kingdom)

  • total volume: £10,444
  • April volume: £2,591
  • average yield per 30 days: 1.23%
  • average annualized yield: 15%
  • average duration: 43 days
  • repaid: 1 (out of 3 sold)
  • default rate: 0.00%

Since Monday investors have had access to the Beta version of the automatic bidder. The autobidder allows investors to set the bid amount and interest rate and let the autobidder do the bidding for them. The Beta version is a simplified version of the final product.