{"id":16267,"date":"2023-04-06T06:00:00","date_gmt":"2023-04-06T04:00:00","guid":{"rendered":"https:\/\/rethink-p2p.de\/hive5-erfahrungen-2023-finger-weg-von-dieser-p2p-plattform\/"},"modified":"2026-09-28T18:45:06","modified_gmt":"2026-09-28T16:45:06","slug":"hive5-review","status":"publish","type":"page","link":"https:\/\/rethink-p2p.de\/en\/hive5-review\/","title":{"rendered":"Hive5 Review 2026"},"content":{"rendered":"<p><span style=\"font-size: 1.125rem;\">\n    <div style=\"border:1px solid #c8c8c8;border-radius:8px;overflow:hidden;margin:1.5rem 0;background:#f9f9f9;box-shadow:0 2px 8px rgba(0,0,0,0.10);\">\n      <div style=\"padding:16px 20px 20px;\">\n       <div style=\"font-weight:700;font-size:1.1em;margin:0 0 -8px 0;padding:0;line-height:1.4;\">\n          Key Takeaways\n        <\/div>\n        <div style=\"margin-top:2px;\"><\/span><\/p>\r\n\n    <div style=\"display:flex;gap:10px;align-items:flex-start;margin-bottom:12px;padding-top:0px;\">\n      <span style=\"flex-shrink:0;line-height:1.6;\">\u2022<\/span>\n      <span style=\"display:block;margin:0;line-height:1.6;\">Hive5 is a P2P marketplace incorporated in Croatia, operational since September 2022. On Hive5, investors can invest in consumer and business loans, achieving an advertised return of up to 14.5%. The platform is not regulated.<\/span>\n    <\/div>\n    <div style=\"display:flex;gap:10px;align-items:flex-start;margin-bottom:12px;padding-top:0px;\">\n      <span style=\"flex-shrink:0;line-height:1.6;\">\u2022<\/span>\n      <span style=\"display:block;margin:0;line-height:1.6;\">All loan originators on the marketplace are controlled by the same shareholders as the platform itself. The former CEO publicly made false statements regarding the company&#8217;s profitability.<\/span>\n    <\/div>\n    <div style=\"display:flex;gap:10px;align-items:flex-start;margin-bottom:12px;padding-top:0px;\">\n      <span style=\"flex-shrink:0;line-height:1.6;\">\u2022<\/span>\n      <span style=\"display:block;margin:0;line-height:1.6;\">Hive5 has taken legal action against critical coverage (<a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/07\/Hive5-Marketplace-Klage-rethink-P2P-Kredite.pdf\" target=\"_blank\" rel=\"noopener\"><strong>see document<\/strong><\/a>), had two YouTube videos removed and pays investors a EUR 25 credit in exchange for positive Trustpilot reviews.<\/span>\n    <\/div>\n    <div style=\"display:flex;gap:10px;align-items:flex-start;margin-bottom:12px;padding-top:0px;\">\n      <span style=\"flex-shrink:0;line-height:1.6;\">\u2022<\/span>\n      <span style=\"display:block;margin:0;line-height:1.6;\">The close collaboration with Juozas Rup\u0161ys, the godfather of the majority shareholder and the key figure behind the insolvent P2P platform Credon, raises serious questions about the credibility and integrity of the company.<\/span>\n    <\/div><\/div>\n      <\/div>\n    <\/div>\r\n<style>\n        .rtp-sitg{display:flex;align-items:center;gap:22px;border-radius:8px;box-shadow:0 2px 8px rgba(0,0,0,0.08);padding:18px 22px;margin:1.5rem 0;}\n        .rtp-sitg-body{flex:1;min-width:0;}\n        .rtp-sitg-title{font-weight:700;font-size:1.1em;color:#222;margin-bottom:6px;line-height:1.2;}\n        .rtp-sitg-text{margin:0;font-size:14px;line-height:1.5;color:#555555;}\n        .rtp-sitg-note{font-size:12px;color:#999;margin-top:6px;}\n        .rtp-sitg-btn{background:#262521;color:#fff !important;padding:13px 34px;border-radius:10px;font-size:16px;font-weight:700;text-decoration:none !important;white-space:nowrap;flex-shrink:0;transition:background .2s ease;}\n        .rtp-sitg-btn:hover{background:#14120f !important;color:#fff !important;text-decoration:none !important;}\n        @media(max-width:600px){\n          .rtp-sitg{flex-direction:column;align-items:stretch;gap:14px;}\n          .rtp-sitg-title{text-align:center;}\n          .rtp-sitg-btn{align-self:center;}\n        }\n        <\/style>\n    <div class=\"rtp-sitg\" style=\"background:#fdf5f5;border:1px solid #d64545;\">\n      <div class=\"rtp-sitg-body\">\n        <div class=\"rtp-sitg-title\">Skin in the Game<\/div>\n        <p class=\"rtp-sitg-text\">I have never been invested in Hive5 with my own funds. Based on the platform&#039;s current risk profile, I advise against investing. This article is therefore deliberately not promoted through affiliate links.<\/p><\/div>\n      <a class=\"rtp-sitg-btn\" href=\"https:\/\/rethink-p2p.de\/en\/p2p-portfolio\/\" target=\"_blank\" rel=\"noopener\">My Portfolio<\/a>\n    <\/div>\r\n<hr \/>\r\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_67_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/rethink-p2p.de\/en\/hive5-review\/#What_is_Hive5\" title=\"What is Hive5?\">What is Hive5?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/rethink-p2p.de\/en\/hive5-review\/#Ownership_and_Management\" title=\"Ownership and Management\">Ownership and Management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/rethink-p2p.de\/en\/hive5-review\/#Investing_on_Hive5\" title=\"Investing on Hive5\">Investing on Hive5<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/rethink-p2p.de\/en\/hive5-review\/#Hive5_Taxes\" title=\"Hive5 Taxes\">Hive5 Taxes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/rethink-p2p.de\/en\/hive5-review\/#Hive5_Risks\" title=\"Hive5 Risks\">Hive5 Risks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/rethink-p2p.de\/en\/hive5-review\/#Advantages_and_Disadvantages\" title=\"Advantages and Disadvantages\">Advantages and Disadvantages<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/rethink-p2p.de\/en\/hive5-review\/#Summary_Hive5_Review\" title=\"Summary Hive5 Review\">Summary Hive5 Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/rethink-p2p.de\/en\/hive5-review\/#FAQ_Hive5_Review\" title=\"FAQ Hive5 Review\">FAQ Hive5 Review<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_Hive5\"><\/span><strong>What is <\/strong><strong>Hive5?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Bonus.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-15584 alignleft lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Bonus.jpg\" alt=\"hive5-logo\" width=\"300\" height=\"169\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/169;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-15584 alignleft\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Bonus.jpg\" alt=\"hive5-logo\" width=\"300\" height=\"169\" \/><\/noscript><\/a><\/p>\r\n<p>Hive5 is a Croatian-based P2P marketplace with Lithuanian roots, where investors can invest in both consumer and business loans, while earning a return of up to 14.5%.<\/p>\r\n<p>The platform was founded in May 2022 by the Lithuanian parent company <a href=\"https:\/\/hivefinance.group\/\" target=\"_blank\" rel=\"noopener\"><strong>UAB Hive Finance<\/strong><\/a>. The platform is therefore still young and new to the market.<\/p>\r\n<h3 class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"><strong>Hive5 at a Glance<\/strong><\/h3>\r\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">All key facts and figures about Hive5 at a glance.<\/p>\r\n<div class=\"su-table su-table-alternate\">\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><strong>Founded \/ Started:<\/strong><\/td>\r\n<td>May 2022 \/ September 2022<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Legal Name:<\/strong><\/td>\r\n<td>Hive5 marketplace d.o.o. (<strong><a href=\"https:\/\/sudreg.pravosudje.hr\/registar\/f?p=150:28:0::NO:28:P28_SBT_MBS:081441259\" target=\"_blank\" rel=\"noopener\">LINK<\/a><\/strong>)<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Headquarter:<\/strong><\/td>\r\n<td>Zagreb, Croatia<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Regulated:<\/strong><\/td>\r\n<td>No<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>CEO:<\/strong><\/td>\r\n<td><a href=\"https:\/\/www.linkedin.com\/in\/ricardas-vandzinskas-7b409a5\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Ri\u010dardas Vandzinskas<\/strong><\/a> (January 2022)<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Assets Under Management:<\/strong><\/td>\r\n<td>EUR 10+ million<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Number of Investors:<\/strong><\/td>\r\n<td>28,000+<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Expected Return:<\/strong><\/td>\r\n<td>13%<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Risk Score:<\/strong><\/td>\r\n<td>1.2 \/ 10 (Rank 29 of 31) | <a href=\"https:\/\/rethink-p2p.de\/en\/p2p-platform-risk\/\" target=\"_blank\" rel=\"noopener\"><strong>View Methodology<\/strong><\/a><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Primary Loan Type:<\/strong><\/td>\r\n<td>Consumer Loans<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>Collateral:<\/strong><\/td>\r\n<td>Buyback Guarantee<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<p>For those who prefer watching over reading, take a look at my Hive5 video review:<\/p>\r\n<p><iframe loading=\"lazy\" title=\"Hands OFF from this P2P Platform! \ud83d\udea9\" width=\"810\" height=\"456\" data-src=\"https:\/\/www.youtube.com\/embed\/oLp0hT3Kxlw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe><\/p>\r\n<h3><strong>The Origin Story<\/strong><\/h3>\r\n<p>The two shareholders of Hive5, Andrius Rup\u0161ys and Ri\u010dardas Vandzinskas, met in 2021 at the Lithuanian-based company Ruptela. This is a company founded by Andrius in 2007, which specialises in the development of GPS tracking devices and which employs 150+ people.<\/p>\r\n<p>Ri\u010dardas, who until then had worked a lot in finance at logistics and accounting companies, was hired as CFO of the Ruptela Group at the time. The idea for Hive5 came about after Ruptela&#8217;s customers increasingly complained that it was difficult to obtain a business loan from a bank. With Hive5, both wanted to establish an alternative financing platform for the growing demand for loans (also from Ruptela customers).<\/p>\r\n<h3>Business Model<\/h3>\r\n<p>How does Hive5 earn money? The P2P platform earns its money primarily through a commission fee, which is charged to lenders represented on the marketplace. According to Ri\u010dardas, the commission fee is currently at 4%. In the future, this is to be reduced to 2% as soon as the size of the managed loan portfolio has increased.<\/p>\r\n<h3 data-pm-slice=\"1 1 []\">Hive5 News<\/h3>\r\n<p>P2P lending is a dynamic asset class where investors should stay continuously informed. You will find the latest news on Hive5 on my <strong><a href=\"https:\/\/rethink-p2p.de\/en\/news\/\">P2P lending news<\/a><\/strong> page, where I cover other P2P platforms as well.<\/p>\r\n\r\n<p>Alternatively, you can subscribe to my <strong><a href=\"https:\/\/bit.ly\/rethinkp2p-en-telegram\">Telegram channel<\/a><\/strong> or <strong><a href=\"https:\/\/bit.ly\/rethinkp2p-en-whatsapp\">WhatsApp group<\/a><\/strong> (both free of charge) to receive real-time updates as soon as new developments emerge.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Ownership_and_Management\"><\/span>Ownership and Management<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>Who are the main shareholders and management executives behind Hive5? Let&#8217;s have a look!<\/p>\r\n<h3><strong>Hive5 Ownership<\/strong><\/h3>\r\n<p>Who owns Hive5? The Croatian-based Hive5 P2P platform belongs to the Lithuanian company Hive Finance. This holding company is owned by two shareholders.<\/p>\r\n<p>Andrius Rup\u0161ys, successful founder of the GPS company Ruptela, owns 65% of the company shares. The other 35% is held by Ri\u010dardas Vandzinskas. Both shareholders also own the majority shares in Hive5 as well as the Polish lender Ekspres Pozyczka.<\/p>\r\n<p><a style=\"font-size: 1.5rem; font-weight: revert; font-family: var(--text-font);\" href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-Gesellschafter.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-15590 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-Gesellschafter.png\" alt=\"hive5-review-shareholder\" width=\"1000\" height=\"439\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-Gesellschafter.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-Gesellschafter-300x132.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-Gesellschafter-768x337.png 768w\" data-sizes=\"(max-width: 1000px) 100vw, 1000px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1000px; --smush-placeholder-aspect-ratio: 1000\/439;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-15590\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-Gesellschafter.png\" alt=\"hive5-review-shareholder\" width=\"1000\" height=\"439\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-Gesellschafter.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-Gesellschafter-300x132.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-Gesellschafter-768x337.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/noscript><\/a><\/p>\r\n<p><strong style=\"color: revert; font-size: 1.5rem; font-family: var(--text-font);\">Hive5 Management<\/strong><\/p>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-CEO.png\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-15592 alignleft lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-CEO.png\" alt=\"hive5-review-ceo\" width=\"300\" height=\"300\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-CEO.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-CEO-150x150.png 150w\" data-sizes=\"(max-width: 300px) 100vw, 300px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/300;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-15592 alignleft\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-CEO.png\" alt=\"hive5-review-ceo\" width=\"300\" height=\"300\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-CEO.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Hive5-Erfahrungen-CEO-150x150.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/noscript><\/a>Ri\u010dardas Vandzinskas, one of the two co-founders, serves as CEO of the Hive5 P2P platform. He started his professional career as an auditor at PWC. In the course of his career, he worked in many other positions, primarily as a financial expert. Until the founding of Hive5, he had no connection to the traditional lending business.<\/p>\r\n<p>In May 2020, Ri\u010dardas was hired as CFO for the Aventus Group. However, he has been let go after only two months, before the end of the probationary period. According to Ri\u010dardas, the separation occurred as he could not identify with the vision and business practices of the Aventus Group.<\/p>\r\n<p>On the &#8220;<a href=\"https:\/\/hive5.co\/about-us\/\" target=\"_blank\" rel=\"noopener\"><strong>About Us<\/strong><\/a>&#8221; page, investors can take a look at the other team members of Hive5.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Investing_on_Hive5\"><\/span><strong>Investing on Hive5<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>How does Hive5 work and what should investors know and consider when investing on the plaform? In the following sections of my Hive5 review you will find all the necessary information that you need.<\/p>\r\n<h3><strong>Loan Offering<\/strong><\/h3>\r\n<p>Hive5 works with three lenders on its marketplace: The Polish company &#8220;Ekspres Pozyczka&#8221;, the Lithuanian company &#8220;Ruptela&#8221; and the Spanish company &#8220;Mana Concept&#8221;. The shareholders of all three companies overlap with the shareholders of the platform. Hence, investors should consider this conflict of interest.<\/p>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Erfahrungen-Kreditgeber-Lender.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-19426 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Erfahrungen-Kreditgeber-Lender.png\" alt=\"hive5-review-lender\" width=\"1000\" height=\"305\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Erfahrungen-Kreditgeber-Lender.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Erfahrungen-Kreditgeber-Lender-300x92.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Erfahrungen-Kreditgeber-Lender-768x234.png 768w\" data-sizes=\"(max-width: 1000px) 100vw, 1000px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1000px; --smush-placeholder-aspect-ratio: 1000\/305;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-19426\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Erfahrungen-Kreditgeber-Lender.png\" alt=\"hive5-review-lender\" width=\"1000\" height=\"305\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Erfahrungen-Kreditgeber-Lender.png 1000w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Erfahrungen-Kreditgeber-Lender-300x92.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Erfahrungen-Kreditgeber-Lender-768x234.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/noscript><\/a><\/p>\r\n<p>Selecting those lenders, investors have the opportunity to invest in both short-term consumer loans and secured business loans. In the future, other secured loan products, such as &#8220;green loans&#8221;, machinery leasing and sustainable real estate loans, are to be added. Geographically, expansion is planned in Europe, Africa and Asia.<\/p>\r\n<p><strong style=\"color: revert; font-size: 1.5rem; font-family: var(--text-font);\">Costs and Fees<\/strong><\/p>\r\n<p>There are currently no costs or hidden fees for investors on Hive5.<\/p>\r\n<p>Neither for deposits and withdrawals, nor for other functionalities or investing itself.<\/p>\r\n<h3><strong>Promoted Returns<\/strong><\/h3>\r\n<p>On its website, Hive5 advertises a return of up to 14.5%. The interest rate for the loans is currently between 12% and 14%. As the P2P platform exceeds my risk tolerance and I am therefore not planning to invest with Hive5 myself, I cannot provide my own reference value in this regard.<\/p>\r\n<h3><span id=\"Gibt_es_einen_Auto_Invest\"><strong>Hive5 Auto Invest<\/strong><\/span><\/h3>\r\n<p>On Hive5, investors can invest in loans both manually and via an Auto Invest. This allows the returns to be automatically reinvested in the criteria that you preset yourself.<\/p>\r\n<p>With HIve5 Auto Invest, individual lenders can be selected as well as the term of the loans, the interest rates, the investment amount or the maximum portfolio value.<\/p>\r\n<p>The minimum investment amount per loan is currently EUR 10, which is standard practice for most platforms.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Hive5_Taxes\"><\/span><strong>Hive5 Taxes<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>Generally, interest income generated by loan financing is considered capital income and thus must be declared as such in the tax return. There is no withholding tax on Hive5 at this moment.<\/p>\r\n<p>For the tax declaration, investors will find an overview (Accounting) in the dashboard, where a tax report can be downloaded for a self-selected period. This information can then be submitted to the respective tax office as part of a tax return.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Hive5_Risks\"><\/span>Hive5 Risks<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>Investors should look very carefully at the potential risk factors when evaluating a P2P platform. What is it that investors need to be aware of when it comes to Hive5? Where are the underlying risks and how are they assessed?<\/p>\r\n<div class=\"ss-box\">\n  <div class=\"ss-head\">\n    <div class=\"ss-head-left\">\n      <div class=\"ss-title\">Safety Score<\/div>\n      <div class=\"ss-rank\">Rank 30 of 31<\/div>\n    <\/div>\n    <div class=\"ss-head-right\">\n      <span class=\"ss-score\" style=\"color:#E24B4A\">1.2<\/span>\n      <span class=\"ss-of10\">\/ 10<\/span>\n      <span class=\"ss-pill ss-pill--high\">High Risk<\/span>\n    <\/div>\n  <\/div>\n  <div class=\"ss-cats\">\n    <div class=\"ss-cat\">\n      <span class=\"ss-cat-name\">Regulation and Licensing<\/span>\n      <div class=\"ss-cat-bar\"><\/div>\n      <span class=\"ss-cat-pts\">0 \/ 15<\/span>\n    <\/div>\n    <div class=\"ss-cat\">\n      <span class=\"ss-cat-name\">Financial Stability<\/span>\n      <div class=\"ss-cat-bar\"><div class=\"ss-bar--g\" style=\"width:70%\"><\/div><\/div>\n      <span class=\"ss-cat-pts\">14 \/ 20<\/span>\n    <\/div>\n    <div class=\"ss-cat\">\n      <span class=\"ss-cat-name\">Transparency and Disclosure<\/span>\n      <div class=\"ss-cat-bar\"><div class=\"ss-bar--y\" style=\"width:53%\"><\/div><\/div>\n      <span class=\"ss-cat-pts\">8 \/ 15<\/span>\n    <\/div>\n    <div class=\"ss-cat\">\n      <span class=\"ss-cat-name\">Loan Portfolio and Investor Losses<\/span>\n      <div class=\"ss-cat-bar\"><div class=\"ss-bar--y\" style=\"width:40%\"><\/div><\/div>\n      <span class=\"ss-cat-pts\">10 \/ 25<\/span>\n    <\/div>\n    <div class=\"ss-cat\">\n      <span class=\"ss-cat-name\">Track Record and Crisis Behaviour<\/span>\n      <div class=\"ss-cat-bar\"><div class=\"ss-bar--y\" style=\"width:56%\"><\/div><\/div>\n      <span class=\"ss-cat-pts\">14 \/ 25<\/span>\n    <\/div>\n  <\/div>\n  <details class=\"ss-rf\">\n    <summary class=\"ss-rf-toggle\">\n      <span class=\"ss-rf-toggle-label\">Red Flags <span class=\"ss-rf-badge ss-rf-badge--bad\">-34<\/span><\/span>\n      <span class=\"ss-rf-chevron\"><\/span>\n    <\/summary>\n    <div class=\"ss-rf-body\">\n      <div class=\"ss-rf-cluster\">\n        <div class=\"ss-rf-cluster-title\">Cluster A: Governance Issues <span class=\"ss-rf-cluster-pts\">(-20)<\/span><\/div>\n        <div class=\"ss-rf-item\">Business partner linked to failed platform Credon <span class=\"ss-rf-pts\">-10<\/span><\/div>\n        <div class=\"ss-rf-item\">Legal threats &amp; takedown requests against critics <span class=\"ss-rf-pts\">-10<\/span><\/div>\n      <\/div>\n      <div class=\"ss-rf-cluster\">\n        <div class=\"ss-rf-cluster-title\">Cluster B: Misrepresentation &amp; Lack of Transparency <span class=\"ss-rf-cluster-pts\">(-14)<\/span><\/div>\n        <div class=\"ss-rf-item\">False profitability claims in public communications <span class=\"ss-rf-pts\">-7<\/span><\/div>\n        <div class=\"ss-rf-item\">Purchased Trustpilot reviews <span class=\"ss-rf-pts\">-7<\/span><\/div>\n      <\/div>\n    <\/div>\n  <\/details>\n  <div class=\"ss-note\">\n    The Safety Score assesses platform risk only. Lender risks and country-specific risks are not covered and must be evaluated separately.  <\/div>\n  <div class=\"ss-foot\">\n    <a class=\"ss-link\" href=\"https:\/\/rethink-p2p.de\/en\/p2p-platform-risk\/\" target=\"_blank\" rel=\"noopener noreferrer\">View full methodology &rarr;<\/a>\n  <\/div>\n<\/div>\n\r\n<h3><strong>Financial Stability<\/strong><\/h3>\r\n<p>Is Hive5 profitable? According to CEO Ri\u010dardas, Hive5 is already profitable at the holding level (<a href=\"https:\/\/rethink-p2p.podigee.io\/211-hive-5-ceo-interview#t=954\" target=\"_blank\" rel=\"noopener\"><strong>source at 15:53<\/strong><\/a>). A statement that should certainly be questioned. So far, the main revenue comes from their Polish lender, which is currently controlling a portfolio of about EUR 2 million.<\/p>\r\n<p>From the outside, it seems difficult to imagine how a team of around 20 employees, expenses for IT, marketing, etc. can be supported by this.<\/p>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/08\/Hive5-Erfahrungen-Profitabilitat.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-17315 lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/08\/Hive5-Erfahrungen-Profitabilitat.png\" alt=\"hive5-review-profitability\" width=\"760\" height=\"678\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/08\/Hive5-Erfahrungen-Profitabilitat.png 760w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/08\/Hive5-Erfahrungen-Profitabilitat-300x268.png 300w\" data-sizes=\"(max-width: 760px) 100vw, 760px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 760px; --smush-placeholder-aspect-ratio: 760\/678;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-17315\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/08\/Hive5-Erfahrungen-Profitabilitat.png\" alt=\"hive5-review-profitability\" width=\"760\" height=\"678\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/08\/Hive5-Erfahrungen-Profitabilitat.png 760w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/08\/Hive5-Erfahrungen-Profitabilitat-300x268.png 300w\" sizes=\"(max-width: 760px) 100vw, 760px\" \/><\/noscript><\/a><\/p>\r\n<p>This assumption was also confirmed in the consolidated annual report for 2022 (<a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/08\/Hive-Finance-Annual-Report-2022.pdf\" target=\"_blank\" rel=\"noopener\"><strong>source<\/strong><\/a>). According to the financial report of Hive Finance, the company made a loss of EUR 755,000, while generating a revenue of EUR 135,000. Hive5 is therefore not profitable yet, despite their CEO spreading publicly false information on the financial status of the company.<\/p>\r\n<hr \/>\r\n<h3><span style=\"color: #000000;\"><strong>Juozas Rup\u0161ys and Credon<\/strong><\/span><\/h3>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Juozas-Rupsys-Credon-P2P-Scam-Hive5.png\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-15918 alignleft lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Juozas-Rupsys-Credon-P2P-Scam-Hive5.png\" alt=\"hive5-review-credon-p2p-scam\" width=\"400\" height=\"397\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Juozas-Rupsys-Credon-P2P-Scam-Hive5.png 400w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Juozas-Rupsys-Credon-P2P-Scam-Hive5-300x298.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Juozas-Rupsys-Credon-P2P-Scam-Hive5-150x150.png 150w\" data-sizes=\"(max-width: 400px) 100vw, 400px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 400px; --smush-placeholder-aspect-ratio: 400\/397;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-15918 alignleft\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Juozas-Rupsys-Credon-P2P-Scam-Hive5.png\" alt=\"hive5-review-credon-p2p-scam\" width=\"400\" height=\"397\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Juozas-Rupsys-Credon-P2P-Scam-Hive5.png 400w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Juozas-Rupsys-Credon-P2P-Scam-Hive5-300x298.png 300w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/04\/Juozas-Rupsys-Credon-P2P-Scam-Hive5-150x150.png 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/noscript><\/a>Juozas Rup\u0161ys is a Lithuanian businessman who has developed <em>creditonline.eu<\/em>, a white-label software solution for lenders as well as P2P platforms.\u00a0<\/p>\r\n<p>According to Ri\u010dardas, Hive5 also uses the products and services of Juozas, who is apparently also the godfather of Hive Finance majority shareholder Andrius Rup\u0161ys (<a href=\"https:\/\/rethink-p2p.podigee.io\/211-hive-5-ceo-interview\" target=\"_blank\" rel=\"noopener\"><strong>source at 18:39<\/strong><\/a>).<\/p>\r\n<p>Juozas Rup\u0161ys is also listed in the Polish company register of Argentum Capital, one of Hive5&#8217;s lenders, as a former shareholder of the company (2009-2012). Click <a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/07\/Hive5-Marketplace-Klage-rethink-P2P-Kredite.pdf\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a> for the extract of the Argentum Capital company register.<\/p>\r\n<p>This connection is a bad sign as Juozas has been called out in the past with a semi-professional P2P platform called Credon. <span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">Via the Lithuanian parent company &#8220;<a href=\"http:\/\/www.kursurasti.lt\/lt\/katalogas\/Kitas-kredito-teikimas\/hst-komunikacijos-uab.html\" target=\"_blank\" rel=\"noopener\"><strong>HST KOMUNIKACIJOS, UAB<\/strong><\/a>&#8220;, Juozas Rupsys owns 100% of the shares in the Croatian &#8220;<a href=\"https:\/\/youtu.be\/0WwhEjqXOYI?t=666\" target=\"_blank\" rel=\"noopener\"><strong>Credon P2P d.o.o.<\/strong><\/a>&#8220;<\/span><\/p>\r\n<p>On my <a href=\"https:\/\/rethink-p2p.de\/en\/credon-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Credon Review<\/strong><\/a> page, I have summarised the chronology and events surrounding the background of the platform. Anyone interested in Hive5 should look into the past and the business practices of the current business partners. Cross-connections of this kind should be taken very seriously, as they are not adding to the reputation and ethics of a new P2P platform.<\/p>\r\n<hr \/>\r\n<h3>Legal Threats<\/h3>\r\n<p>After publishing my Hive5 review, the company tried to take legal action against the critical reporting of this blog (<a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/07\/Hive5-Marketplace-Klage-rethink-P2P-Kredite.pdf\" target=\"_blank\" rel=\"noopener\"><strong>see document<\/strong><\/a>). In particular, they tried to remove the links between Juozas Rup\u0161ys, Credon and Hive5.<\/p>\r\n<p>As part of this attempted censorship, two of my videos on YouTube were also reported and later blocked (<a href=\"https:\/\/youtu.be\/ccGCFYCR6gc?si=72MXULf186Ao2FJm\" target=\"_blank\" rel=\"noopener\"><strong>further information<\/strong><\/a>).<\/p>\r\n<p>Actions like these make it clear that constructive criticism does not seem to exist in the Hive5 universe and that the basic freedom of speech right in Germany is neither recognised nor respected by the platform.<\/p>\r\n<hr \/>\r\n<h3>Paid Reviews<\/h3>\r\n<p><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Email-Trustpilot-Rezensionen.png\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-19276 alignleft lazyload\" data-src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Email-Trustpilot-Rezensionen.png\" alt=\"hive5-review-trustpilot-scam\" width=\"500\" height=\"323\" data-srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Email-Trustpilot-Rezensionen.png 500w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Email-Trustpilot-Rezensionen-300x194.png 300w\" data-sizes=\"(max-width: 500px) 100vw, 500px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 500px; --smush-placeholder-aspect-ratio: 500\/323;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-19276 alignleft\" src=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Email-Trustpilot-Rezensionen.png\" alt=\"hive5-review-trustpilot-scam\" width=\"500\" height=\"323\" srcset=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Email-Trustpilot-Rezensionen.png 500w, https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Email-Trustpilot-Rezensionen-300x194.png 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/noscript><\/a>In the past, Hive5 has not only financed a large number of external blog articles and YouTube videos, the P2P lending platform has recently also bought positive reviews on Trustpilot.<\/p>\r\n<p>According to their email, Hive5 pays its investors EUR 25 if they leave a (positive) review on Trustpilot.<\/p>\r\n<p>As of 31 January 2024, 208 of the total 234 Hive5 reviews (89%) had only been created in the last 30 days (<a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Trustpilot-Scam-2024.jpg\" target=\"_blank\" rel=\"noopener\"><strong>source<\/strong><\/a>). The platform has an outstanding rating of 4.7 points on Trustpilot.<\/p>\r\n<p>However, a neutral and fact-based review of the P2P platform has been reported and blocked by Hive5 (<a href=\"https:\/\/rethink-p2p.de\/hive5-trustpilot-rezensionen\/\" target=\"_blank\" rel=\"noopener\"><strong>further information<\/strong><\/a>).<\/p>\r\n<hr \/>\r\n<h3><span style=\"color: #000000;\">Is Hive5 a Safe P2P Platform?<\/span><\/h3>\r\n<p>There are a number of reasons why investors should be very careful before investing their money with Hive5. Firstly, it is an extremely young and still unregulated P2P platform, secondly, the platform has attracted negative attention due to a number of entanglements and unacceptable business practices.<\/p>\r\n<p>These include shareholder overlaps between the Hive5 P2P platform and all lenders represented on the marketplace (conflicts of interest), public false statements regarding the financial stability of the company, cooperation with dubious and dodgy business partners, purchased reviews on Trustpilot, paid PR for bloggers and YouTubers as well as legal threats against critical opinions.<\/p>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Advantages_and_Disadvantages\"><\/span><span style=\"color: #000000;\"><strong>Advantages and Disadvantages<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>In this section, I have listed the biggest advantages and disadvantages of Hive5.<\/p>\r\n<h3>Advantages<\/h3>\r\n<ul>\r\n<li><strong>Ruptela:<\/strong> The lender &#8220;Ruptela&#8221; is a large and financially successful SME company from Lithuania.<\/li>\r\n<\/ul>\r\n<h3><strong>Disadvantages<\/strong><\/h3>\r\n<ul>\r\n<li><strong>Track Record:<\/strong> The operational start of the platform only took place in September 2022.<\/li>\r\n<li><strong style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">Regulation:<\/strong><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\"> Hive5 is a P2P platform incorporated in Croatia and is therefore not subject to supervision or control by any financial authority.<\/span><\/li>\r\n<li><strong style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">False Statements:<\/strong><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\"> The Hive5 CEO publicly claimed that the Hive Finance Group was already profitable, which was not the case at the time (Loss of EUR 755,000 in 2022).<\/span><\/li>\r\n<li><strong style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">Profitability:<\/strong><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\"> The Hive Finance Group is economically not profitable (Loss of EUR 755,000 in 2022)<\/span><\/li>\r\n<li><strong style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">Conflicts of Interest:<\/strong><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\"> There are overlapping shareholders between the Hive5 P2P platform and all lenders represented on the marketplace.<\/span><\/li>\r\n<li><strong style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">Cooperation Partners:<\/strong><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\"> Hive5 cooperates with service providers who have been involved in a previous P2P scam-like platform (<\/span><strong style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\"><a href=\"https:\/\/rethink-p2p.de\/en\/credon-review\/\" target=\"_blank\" rel=\"noopener\">Credon<\/a><\/strong><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">).<\/span><\/li>\r\n<li><strong style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">Paid Promotion:<\/strong><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\"> Hive5 is heavily financing external blog articles and YouTube videos in order to buy positive PR.<\/span><\/li>\r\n<li><strong style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">Intimidation:<\/strong><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\"> Hive5 uses legal threats to respond to critical content by finance bloggers in order to intimidate them (<\/span><strong style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\"><a href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2023\/07\/Hive5-Marketplace-Klage-rethink-P2P-Kredite.pdf\" target=\"_blank\" rel=\"noopener\">see document<\/a><\/strong><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">).<\/span><\/li>\r\n<li><strong style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">Unrealistic Numbers:<\/strong><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\"> The numbers for investor growth at Hive5 appear to be extremely unrealistic compared to other P2P platforms (approx. 4,000 new investors in November 2023).<\/span><\/li>\r\n<li><strong style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">Paid Reviews:<\/strong><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\"> Hive5 pays its investors EUR 25 if they leave a review on Trustpilot (<\/span><a style=\"font-size: inherit; font-family: var(--text-font);\" href=\"https:\/\/rethink-p2p.de\/wp-content\/uploads\/2024\/02\/Hive5-Email-Trustpilot-Rezensionen.png\" target=\"_blank\" rel=\"noopener\"><strong>source<\/strong><\/a><span style=\"font-size: inherit; color: var(--text-color); font-family: var(--text-font);\">).<\/span><\/li>\r\n<\/ul>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"Summary_Hive5_Review\"><\/span><span style=\"color: #000000;\"><strong>Summary Hive5 Review<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p>Hive5 is a new P2P platform from Croatia whose development investors should better watch from the sidelines.<\/p>\r\n<p>The reasons have been pointed out at varius stages of this Hive5 review: Little track record, financial instability of the entire holding structure, conflicts of interest among the shareholders as well as cross-connections to co-operation partners with ethically questionable motives.<\/p>\r\n<p>Investors should also bear in mind that the platform has made public false statements in the past regarding the financial stability of the company and has also bought positive reviews on Trustpilot on a large scale.<\/p>\r\n<p>Under these circumstance, the legal threats against critical opinions, such as from this blog, unfortunately only appear to be the tip of the iceberg.<\/p>\r\n<p>There is currently no real USP for investing on a high-risk P2P platform like Hive5.<\/p>\r\n<hr \/>\r\n<h3><strong>Hive5 Alternatives<\/strong><\/h3>\r\n<p>Already invested in Hive5? Or looking for similar platforms? Here are three Hive5 alternatives from the P2P market.<\/p>\r\n<p><strong>PeerBerry:<\/strong> A P2P marketplace incorporated in Croatia, working closely with partners from within the Aventus Group. Like Hive5, PeerBerry is based in Croatia and follows a marketplace model with close ties between the platform and its loan originators. The key difference: PeerBerry has a notably longer track record and has built a strong reputation through its performance during times of crisis. More information in my <a href=\"https:\/\/rethink-p2p.de\/en\/peerberry-review\/\" target=\"_blank\" rel=\"noopener\"><strong>PeerBerry review<\/strong><\/a>.<\/p>\r\n<p><strong>Robocash:<\/strong> A P2P marketplace also incorporated in Croatia, with a long-standing track record dating back to 2017. Compared to Hive5, Robocash stands out through a notably profitable and crisis-proven parent company, as well as regularly published and audited financial reports. More information in my <a href=\"https:\/\/rethink-p2p.de\/en\/robocash-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Robocash review<\/strong><\/a>.<\/p>\r\n<p><strong>Nectaro:<\/strong> A regulated P2P marketplace based in Latvia, operating under MiFID II regulations and backed by an internationally established group. Loans are primarily used to fund the lending operations of the parent company. Affiliated loan originators offer competitive interest rates and a solid track record. More information in my <a href=\"https:\/\/rethink-p2p.de\/en\/nectaro-review\/\" target=\"_blank\" rel=\"noopener\"><strong>Nectaro review<\/strong><\/a>.<\/p>\r\n<p>You can find other Hive5 alternatives on the <a href=\"https:\/\/rethink-p2p.de\/en\/p2p-platform-comparison\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>P2P Platform Comparison<\/strong><\/a> page.<\/p>\r\n<hr \/>\r\n<div class=\"su-tabs su-tabs-style-default su-tabs-mobile-stack\" data-active=\"1\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-tabs-nav\"><span class=\"\" data-url=\"\" data-target=\"blank\" tabindex=\"0\" role=\"button\"><strong>Disclaimer<\/strong><\/span><\/div><div class=\"su-tabs-panes\"><div class=\"su-tabs-pane su-u-clearfix su-u-trim\" data-title=\"&lt;strong&gt;Disclaimer&lt;\/strong&gt;\">Investments in P2P loans are subject to risks and can lead to a total loss of capital. Past performance is not an indicator of future results. All content is for informational purposes only and does not constitute investment advice. No liability is assumed for the accuracy of the following information, nor for any investment decisions that may be derived from it. For more details, see the full <a href=\"https:\/\/rethink-p2p.de\/en\/disclaimer\/\" target=\"_blank\" rel=\"noopener\"><strong>disclaimer<\/strong><\/a>.<\/div><\/div><\/div>\r\n<hr \/>\r\n<h2><span class=\"ez-toc-section\" id=\"FAQ_Hive5_Review\"><\/span>FAQ Hive5 Review<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n<div class=\"schema-faq wp-block-yoast-faq-block\">\r\n<div id=\"faq-question-1682321576939\" class=\"schema-faq-section\"><strong class=\"schema-faq-question\">\u2705 What is Hive5?<\/strong>\r\n<p class=\"schema-faq-answer\">Hive5 is a P2P marketplace incorporated in Croatia with Lithuanian roots, operational since September 2022, where investors can invest in consumer and business loans with advertised returns of up to 14.5%. The platform is not regulated.<\/p>\r\n<\/div>\r\n<div id=\"faq-question-1682321583790\" class=\"schema-faq-section\"><strong class=\"schema-faq-question\">\u2705 Who owns Hive5?<\/strong>\r\n<p class=\"schema-faq-answer\">Hive5 belongs to the Lithuanian holding company Hive Finance. Its majority shareholder is Andrius Rup\u0161ys with 65% of shares, while co-founder and CEO Ri\u010dardas Vandzinskas holds the remaining 35%. Both shareholders are also involved in all loan originators listed on the marketplace, creating significant conflicts of interest.<\/p>\r\n<\/div>\r\n<div id=\"faq-question-1682321591078\" class=\"schema-faq-section\"><strong class=\"schema-faq-question\">\u2705 Is Hive5 a safe P2P platform?<\/strong>\r\n<p class=\"schema-faq-answer\">No, the risk profile must be rated as very high. Hive5 is unregulated, has made public false statements about its own profitability, purchases reviews on Trustpilot, and has taken legal action against critical coverage on this blog. Investors should avoid the platform for now.<\/p>\r\n<\/div>\r\n<div id=\"faq-question-1682321602982\" class=\"schema-faq-section\"><strong class=\"schema-faq-question\">\u2705 Is investing on Hive5 worthwhile?<\/strong>\r\n<p class=\"schema-faq-answer\">No. Due to the short track record, lack of regulation, conflicts of interest between the platform and loan originators, and questionable business practices, I currently advise against investing on Hive5. As alternatives, I recommend PeerBerry, Income Marketplace, or Nectaro.<\/p>\r\n<\/div>\r\n<\/div>\r\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":16276,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"template-centered.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hive5 Review 2026: Too Many Red Flags (Seriously, Hands Off!)<\/title>\n<meta name=\"description\" content=\"Hive5 Review: Too Many Red Flags! (Hands Off!) 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Both shareholders are also involved in all loan originators listed on the marketplace, creating significant conflicts of interest.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/rethink-p2p.de\/en\/hive5-review\/#faq-question-1682321591078","position":3,"url":"https:\/\/rethink-p2p.de\/en\/hive5-review\/#faq-question-1682321591078","name":"\u2705 Is Hive5 a safe P2P platform?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No, the risk profile must be rated as very high. Hive5 is unregulated, has made public false statements about its own profitability, purchases reviews on Trustpilot, and has taken legal action against critical coverage on this blog. 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