Bondora remains confident despite a decline in January investments

Market & Pricing

Bondora ended 2020 with a bang as investment across the platform rose by 7.8%. However, 2021 started with numbers slightly lower. A total of €6,186,462 was invested, indicating a 12.2% decrease from December’s numbers. But despite this, we’re starting the year with some of the highest investment levels since October 2020.

Bondora remains confident despite a decline in January investments.
Bondora remains confident despite a decline in January investments.

All Bondora products saw a decrease in investment over the month at relatively similar rates. Month-over-month changes compared to December were as follows:

  • Portfolio Manager: -12.4%
  • Portfolio PRO: -11.7%
  • Go & Grow: -12.2%
  • API: -14.7%
Investment by product – January
Investment by product – January

Product share remained constant

A decrease across the board in total investment did not change the ratio of each Bondora product type when compared to last month. All ratios are exactly the same as Go & Grow continues to widely outpace all other investment types, once again garnering 93% of all investment on the platform.

Investment by product – January 2021
Investment by product – January 2021

Investment by product – December 2020
Investment by product – December 2020

Prepare for tax season

As tax season approaches this year, you should prepare yourself for all accounting necessary to comply with your country’s tax regulations. This means, among other things, accurately reporting all investment income from the year. Bondora makes it easy for you to prepare for the tax season ahead. Go & Grow investors can easily access their tax report from their Go & Grow account by clicking the burger icon and selecting the Go & Grow Tax Report option from the dropdown menu. Specify the date range for the report, and it will download in pdf format in a separate tab once completed.

Tax reports for other Bondora investment products can be found here.

January in a nutshell

Go & Grow continues to lead the pack, with investors overwhelmingly choosing the automated investment option for their portfolio. And while investment in Bondora did decrease in January, numbers are still relatively high when compared to last year as a whole.

Learn more about the different Bondora investment options here.