EstateGuru’s loanbook has passed the €400m (£343m) mark.
It comes as investors on the European peer-to-peer property lender backed 70 projects worth €14.3m in July.
The platform has now helped finance €407.7m of loans since 2014.
It said €237.7m have been repaid and €170m is outstanding
The platform said €8.7m of loans were repaid during July with an average return of 10 per cent.
Read more: EstateGuru funded £12m of loans in April
Its default rate also decreased, as the platform recovered funds from a Finnish and Latvian project.
EstateGuru currently lends in Estonia, Latvia, Lithuania, Spain, Germany, Sweden and Finland.
It said it expects Germany and Estonia to be its top performing markets and it has hired new loan managers in each country.
Last month, EstateGuru announced it is planning its first projects in the UK after reporting a 180 per cent annual increase in loan volume during the second quarter of 2021 from €16.5m to €46.2m.
The platform also raised €1.3m from 971 investors in a Seedrs fundraising campaign in May.
“To reach our maximum target is a proud moment and shows that our business model and growth plans have struck a chord with investors who share our optimism about the alternative finance industry,” Marek Pärtel, co-founder of EstateGuru, said.
“I’m happy to see that we are attracting so much talent as, going forward, we need to scale our business and we will require passionate and charismatic professionals to take the alternative financing industry to its next level.
“At the moment we are focusing heavily on our expansion roadmap and are preparing the first projects in the UK and the Netherlands.”