Have you ever wondered what sparks the creation of a groundbreaking startup? Join us behind the scenes of one such story, one with roots in Bondora. Picture this: A group of talented individuals are building something incredible at Bondora, each bringing their unique skills and perspectives to the table. Among them were Kaarel Roben, former…
Welcome to our monthly stats post for April. It’s 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 April news and statistics. New Investors In April, 1,984 more people…
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…
KEY TAKEAWAYS Compared to August, the total average recoveries in each country have dipped slightly. However, the total average of all the countries combined is 42% only a nominal drop from the comparable 44% seen last month. We have seen some spots of improvement as recovery efforts come to fruition. Estonia, for example, has seen…
At Bondora we’re proud to announce that we’ve surpassed €100 million in loans funded and we’re just getting started. The milestone is important to us not simply because of the financial aspects. We’re proud that 28,850 investors have placed their trust in our marketplace lending platform. As a result, those loans have generated more than…
Loans issued in August 2017 came in at €2,926,457. The figure is well above the running average for the year. August was the third strongest month for originations in 2017 outpaced by only January and March. As a new and younger demographic enters the workforce more are turning to the convenience, speed and affordability of…
This week we introduced a new feature which allows you to remove your investments from sales when a borrower makes a payment. One of our investors, Sebastian, reached out to us and told that sometimes the data on loan repayments is not available enough for investors to optimize their portfolios. He wanted a way to remove loans from the…
News from around the world Forbes had a creative take on marketplace lending suggesting that it could be used to handle high interest debt. The author suggests that the “soft pull” on one’s credit report is less burdensome to a credit score. In many cases the interest rate will be less and therefore more amenable…
News from around the world AltFi published an article examining the question of whether or not the marketplace lending sector in the U.S. has recovered. The writer looks at recent upheavals in the industry exhibited by layoffs and a few bankruptcies. Despite these problems P2P lending remains on solid footing and has, in fact improved…
Key takeaways In Spain, the last three quarters have brought in significant realized return figures. Estonian loans have shown the most stable returns for investors – the average net returns are aligned or outperforming their targets. Finland’s lower risk ratings appear to be quite volatile in relation to their target figures. Actual and targeted bondora…
Last week we added a new payment method for our investors – Trustly Online Payment. Trustly is a payment method that makes it easy to deposit to Bondora directly from your bank account. It currently supports over 3,300 banks in 29 European countries. Is it safe to use Trustly? Yes! Trustly is a licensed payment…
KEY TAKEAWAYS Q2 of 2017 gave a small boost to average recovery rates for past year in both Finland and Spain. From Q2 of 2016 to Q2 of 2017, the average recovery For Finland was 59% and for Spain 32%. Estonias recoveries have been very stable once again. Average recovery for 2015 dipped one percent…
Originations for July 2017 were strong, reaching a total of €2,851,766 which is just over of the average monthly origination for 2017 of €2,846,160. The month outperformed the totals for May, June and February. “HR” rated loans represented the largest share at almost 19% of the total. Investors continue to seek a measured approach to risk…