The Finland market is back, Bondora wins a reward and more highlights πŸŽ‰

Bondora

Another month, another list of achievements. In November, Bondora celebrated quite a few milestones, and received an award. Are you ready for our monthly highlights round-up? Let’s go!

Bring out the confetti. It's time to celebrate all the good news!
Bring out the confetti. It’s time to celebrate all the good news!

The Finnish loan market is back

Earlier this year, we decided to stop loan originations in Spain and Finland and only focus on Estonian loans. We chose to stick to the market we knew best to mitigate risks during the first and second quarters’ volatile economic environment. Well, by navigating the rough seas and keeping our ship in top shape, we’re happy to announce that Finnish loans are back in the market.

We know you’ve been waiting for this news, and we value your patience. We did this with our investors’ best interest in mind and to keep our business sustainable. Currently, we can’t say when Spanish loans will be re-introduced back into the market, but for now, we’re happy to have Finnish loans back in the Bondora portfolio.

Proud achievements

In November, Bondora received the recognition of gold level Family Friendly Employer, the highest honor the Ministry of Social Affairs gives out.

To achieve golden-level status, we had to meet the highest standards in 7 different categories and at least silver in 3 other categories. The categories were: flexible working time, information movement, social climate, recruitment, on-boarding, professional development and support, synergy & culture, work-environment, supporting a healthy lifestyle, and feedback & surveys.

The award is only given out after a 2-year evaluation program, so it goes without saying that we’re super proud of this achievement!

Record-breaking moments

It was a month of record-breaking at Bondora. After increasing our recovery and collections of unpaid loans for nine months in a row, we now broke our previous record. We collected a total of €737,259 in debt payments in just one month. We’re proud of our efforts and that it paid off. We’re hoping to break this record again very soon πŸ˜‰

German investment blogger shares his Bondora experience

Aleks Bleck was the guest writer for our blog this month. He’s the founder and content creator of Northern Finance – a German investing blog focusing on P2P loans. Aleks’ blog article delves into his investment experience with Bondora and how multiple portfolios can be very rewarding. He also shared his insight on investment timing and how long-term investing has been beneficial to his portfolio. If you haven’t read his article yet, you’re missing out.

The gentlemen!

19 November was International Men’s Day, so naturally, we used it as the perfect excuse to have a fun team activity in the office (and yes, there were sweet treats because it’s Bondora 😊). The ladies created a fun quiz for the men to see how well they knew the women in the office (surprisingly well!). There were also various awards handed out to the gentlemen of Bondora. We believe it’s important to celebrate our teammates whenever we have the chance. We’re all one big team of superstars, after all.

19 November was International Men's Day.
19 November was International Men’s Day.

Bondora Data Scientist in the spotlight

In this month’s Bondora Superstars blog post, we interviewed our Marketing Analytics data scientist – Avishek Tarun. He’s our pun master, resident funny guy, and of course, exceptional data scientist.

Avi shares his experience of working at Bondora and what he loves about his role. He also gives us honest but useful investing advice. If you want to know more about the life of a data scientist at Bondora, then you’ve got to read this article.

Avishek Tarun – Bondora's Data Scientist and in-house Pun master
Avishek Tarun – Bondora’s Data Scientist and in-house Pun master

And that’s it for the month! Make sure to watch this space and follow us on Instagram to be on top of everything, Bondora! Thanks for reading, keep investing, and bye for now!