24/7 online control for investors – What were we working on in March?

In March, our main focus has been on finishing the development of our new product ‘Go & Grow’ for initial release. Currently, this is still available via invitation-only for existing investors – take a look below for a sneak-peak into some more exclusive information.

Bondora - What we are working on in March

1) Go & Grow

Go & Grow is Bondora’s brand-new and most simple investment method. Go & Grow is a tax efficient, instant liquidity product with a target yield of 6.75% per year. Enjoy the benefits of P2P lending, made even easier. More details to follow within the next month.

2) 24/7 online control for investors

Last month, we told you we were working on automating some common support related queries we receive to make your experience simpler and faster. We’re still working on this, but now you can already complete several changes yourself, they include:

  • Changing your contact number
  • Changing your email address
  • Changing your address details
  • Closing your account

Soon, the verification and identification process will follow suit too. Once completed, investors will have more control to complete time-sensitive actions themselves and ultimately allow our Associates to spend more time helping investors with more complex queries.

3) Distribution of debt servicing fees

For several months, we have been working on the huge task of ensuring the distribution of the debt servicing costs applied to your account for collections are achieved evenly. Currently, the distribution is equal but the equality is achieved over multiple payments (by recording how ‘unfair’ the previous payment was and then correcting it the following time for the customers who received more or less).

After we have completed the improvements, such fluctuations with payments will be eliminated. Based on our progress so far, we expect this to be completed by the end of April and thank all of our passionate investors for their patience with this issue to date.

4) Investor visits

In March, we have had the pleasure of welcoming many of our investors to Bondora HQ in Tallinn, Estonia. Thank you to everyone who has taken the time to visit us – we’re looking forward to those planning to come in April.