Throughout each unique life stage, you will experience different challenges and opportunities associated with each part of life. Along this journey, your financial priorities and challenges evolve, shaping your path toward your financial well-being goals. Whether just starting early adulthood or almost retiring, understanding how to navigate the different life stages can help you achieve…
Welcome to our monthly stats post for March. This is your dose of insights into our growth and performance. It’s all the numbers, updates, and statistics you want to see in a brief but informative read. Grab your coffee, and let’s dive into Bondora Group’s March news and statistics. New Investors In March, 2,077 people…
Today, we introduce you to Pille Lamp, our 40th Bondorian in the Spotlight. She speaks 8 languages, loves cats and nature, and will conquer linguistic bugs wherever she goes. Read on to learn more about the intricacies of her daily tasks, what she loves most about working in marketing, and how she’s embraced being our…
Finextra covered the recent “FinTech Co-operation Agreement” signed between Singapore and Lithuania. The Money Authority of Singapore (MAS) and the Bank of Lithuania initiated the agreement to improve regulatory collaboration and access to resources for Fintech’s in both countries. * * * The Independent discussed the Fintech Revolut, initially known for their foreign currency transfers,…
1. Tell us about yourself and what you do for fun. I came to Bratislava, capital city of Slovakia, to study. Artificial intelligence and cognitive systems always fascinated me, so after finishing engineering study at Faculty of Electrical Engineering and Information Technology of Slovak University of Technology (FEI STU) I applied for job at Institute…
Have you heard about Bondora’s Refer-A-Friend Program? We’ve made some exciting changes to the program over the past 6 months and there’s never been a better time to get started. Here’s a quick recap of how it works; When you refer your friends or family members to start investing with Bondora, as a thanks from…
Welcome to March’s Secondary Market statistics blog post. Recently, we talked about the most common methods used to purchase current, overdue and defaulted loans and whether these transactions were made at a premium, discount or par value. Below, we are going to do the same based on the statistics received in February. Total Volume In…
Recently, we published a video on how to set up a recurring payment but it is good you know how you can deactivate it when needed. First, the recurring payment feature enables you to automatically make deposits to your Bondora account using your Credit card and Debit VISA/MasterCard. It is flexible and you can cancel…
Welcome to another post in our monthly overview of the recovery stages. Here, we’ll show you exactly how many loans are in each stage of the recovery process and we will compare how it has changed from month to month. While we have tried to assign all loans to a specific stage as of the…
Cash, and more so the lack of it, can be a determining factor in whether you will achieve your goal of financial freedom. In short, cash flow is the net amount of cash that is flowing in and out of your accounts each month. Traditionally, this has been an important measure for business owners as…
Compounding interest is one of the vital ways through which you can easily and gradually build your income from investments, especially for long-term investors. Compounding your interest simply means to earn interest on the interest you have already received. It works by turning back in your interest received into investments. This way, the interest received…
Welcome to our monthly blog post discussing the cash recovered in each stage of the collection process. We have tried to assign all recovery payments to a specific stage that was set closest to the payment date. While this approach is not always correct in the case where recovery stages are not promptly updated, it…
Welcome to our monthly blog post on the performance of recoveries. Below, we take a look at the percentage of principal and interest retrieved between 2014 – 2017. Why is 2017 showing the lowest recovery rate? On first glance, this may appear to show that the success of our recoveries process has slightly decreased since…