Make way for investments! Once again, Bondora investments jumped significantly higher. After hitting over €12 million in September, Bondora investment topped €18 million in October, coming to €18,125,134. This was a 49.1% growth rate month-over-month. It’s also the highest rate we’ve seen for the whole year.
All four product categories were significant higher:
- Portfolio Manager: +36.3%
- Portfolio Pro: +53.1%
- Go & Grow: +49.9%
- API: +154.7%
Investment by product
The product categories held similar ratios of all Bondora investments this month. At 90%, Go & Grow continues its run as the most-used product by Bondora investors. Increasing by 1% is Portfolio Manager (6%), followed by Portfolio Pro (4%), and the API (0.1%).
The benefits of Go & Grow
Of all the Bondora products, investors continue to prefer Go & Grow, and it’s no surprise why. Go & Grow is the easiest Bondora investment product for beginners. It’s an automated investment method that also allows you high liquidity. This means you can enjoy hands-off investing and quickly move your money in and out of Go & Grow. Fees are also so low — no annual management fee and a flat €1 withdrawal fee per transaction — that anyone can invest with any amount of money. With Go & Grow, investors get all these benefits with a return of up to 6.75* p.a.
Check out all of the benefits of Go & Grow here.
It was a banner month on Bondora with over €18 million in investments flooding the platform. Go & Grow led the charge with over €16 million of investments itself, while API investments rose the most compared to last month, up by 154.7%.
Learn more about the different Bondora investment options here.