First Look at Bondora’s 2022 Statistics

Bondora

Hello, 2022! We kicked off the new year with many new investors joining Bondora. Originations and investments fell slightly, as they did in December, but managed to maintain impressive numbers compared to January 2021. Let’s dive into the first overall statistics for 2022!

 A first look at Bondora’s 2022 statistics.
A first look at Bondora’s 2022 statistics.

In January, 4,714 new investors kicked off their year by joining Bondora. This is higher than any number of new investors we saw last year! What a great way to start 2022. There are now over 190,105 investors on Bondora. Our total investments have increased to €553M—up more than €13M from December. Investors have also earned more than €62M in returns in total.

In January, loan originations for 2022 started slightly slow, with €14,283,101 loan originations on the platform. But, this is a vast improvement compared to just €6,186,462 that was originated in January 2021. Finnish loans not only make up the largest share of originations, but their share skyrocketed from 56.2% to 70.3% of the loan portfolio. Estonian loans now make up 28.3% and Spanish loans 1.4%.

In contrast to the up and down pattern we’ve become accustomed to with the Secondary Market, January’s activity continued to decline from December’s drop, falling from €250,404 in December to €223,396 in January. API transactions rebounded from their fall in December, bouncing back by 25.5%. The other categories declined. Overall, activity saw a drop of 10.8%.

We ended off 2021 with a good month of collection and recovery. We recovered 73,962 default payments, resulting in €855,788 cash collected. As we’ve seen throughout the last few months, the Bailiff stage is responsible for the most cash recovered, by far.

Our collection and recovery team set the bar high for 2022. In January, they increased the number of payments and the amount of cash collected. A total of 75,219 payments were recovered—a 1.7% increase. And the cash recovered from those payments increased by 7.6% to €920,640. The most cash was recovered from Estonia during the Bailiff stage.

In January, a total of €14,092,612 was invested on Bondora. Even though there was a decline of 14.7% in product funding, it was still an excellent start to the year compared to January 2021, when only €6,186,462 was invested. As always, Go & Grow amassed the most funding—€13,089,600. This is a 92.9% share of all investments. Portfolio Manager still has the 2nd biggest share (4.1%) with €575,936 invested.

Product funding figures:

Go & Grow                      – 14.7%

Portfolio Manager          – 12.7%

Portfolio Pro                   – 17.4%

API                                    – 5.3%

In a nutshell:

The year is off to a modest start when it comes to loan originations and investments. But we’re happy to be in a much better position now than one year ago. Our collection and recovery efforts have also paid off and started 2022 well. All this sets us up for what we’re hoping will be a year of breaking records.

If you enjoy these breakdowns, follow our blog for weekly, more in-depth analyses of the Bondora market. Every month we take a detailed look at aspects like:

  • Loan originations
  • Collection and recoveries
  • Product funding
  • Secondary Market

So, stay tuned to better determine your investment strategy, loan portfolio preferences, and more.