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…
KEY TAKEAWAYS The average recovery rates in Finland, Spain and Slovakia are all higher in 2016 compared to their 2015 figures. Slovakia continues its successful recovery with an average 2016 recovery rate of 84% compared to just 36% in 2015. Moreover, this strong trend is holding steady as previous months have shown similar results. Estonia…
News from around the world PR Newswire reported that P2P reporting and analytics platform dv01 has bolstered its efforts to bring transparency to the market with a new partnership with Sofi. Institutional investors using dv01 services will now have access to detailed Sofi lending data including student and personal loans. Since their inception dv01 has…
Part of our mission at Bondora is to make marketplace lending simple and transparent. We want our users to be confident that they have all the information they need to make an investment decision. However, this approach doesn’t stop once an investor funds a loan. Our users want to know how their portfolio is developing….
POSTS FROM PAST WEEK Monthly origination summary for April 2017 On Tuesday we reviewed the loan origination totals for April reaching €2,871,397. This is slightly less than last month but is mostly in line with the average of the last three months. The concentration of originations is found in the “B” through “D” rated loans….
April’s loan origination total of €2,871,397 was slightly less than last month but is mostly in line with the average of the last three months. The concentration of originations is found in the “B” through “D” rated loans. This section of the loans offered total interest rates ranging from 14% to 25% as higher risk ratings…
News from around the world American Banker examined the trend of small banks seeking P2P solutions for their SBA expansion. The Small Business Administration helps companies secure financing for working capital, equipment, real estate and inventory purchases. Smaller, local banks act as intermediaries in these transactions. By partnering with marketplace lenders they can amplify their…
Yesterday we talked about selling multiple investments as one portfolio. Today we’ll introduce another feature which is closely related to that. The new feature allows investors to sell loans directly to other investors. The feature opens up a wider offering of investments for our users. With this feature an you can also bundle several loans together and…
Last week we released a new feature enabling investors to sell multiple loans as one portfolio in Secondary Market. This feature adds a new tool for the investors to increase liquidity and manage their portfolio risk more effectively. Sell multiple loans as one portfolio Before, investors could sell investments from their portfolio one by one…
POSTS FROM PAST WEEK Weekly industry news wrap up – May 2, 2017 Politico reported on recent moves to build a robust regulatory framework around the new marketplace lending industry. Tech Crunch discussed an emerging proposal from the Comptroller of the Currency which would permit certain fintechs to exist as special purpose national banks. Forbes…
News from around the world Politico reported on the advocacy group CGCN and their decision to sign the Marketplace Lending Association which is a trade group representing various P2P firms. The move is aimed towards building a robust regulatory framework around the new marketplace lending industry. *** Tech Crunch discussed an emerging proposal from the…