The growth that kickstarted in July has continued into August, with increases across the board. Loan originations, as well as investment product funding, totaled over €15M each in August. Cash recoveries and collection efforts also increased to over €1M. Here are more stats from August: 1,404 new investors joined Bondora in August. In the same…
CNBC, a world leader in business news, has announced its top 200 fintech companies worldwide. And this year, Bondora features on this prestigious list. We’re thrilled and honored to be listed among fintech legends like Revolut, PayPal, Klarna, and more. Working with Statista, a respected market research and data analytics company, CNBC shared the list…
In today’s fast-paced world, it’s not uncommon to see people constantly upgrading their lifestyles as their incomes increase. This phenomenon is known as ‘lifestyle creep’ or ‘lifestyle inflation.’ While it may seem like a natural progression to indulge in finer things as you gain more money, succumbing to lifestyle creep can have serious financial consequences…
KEY TAKEAWAYS The average recovery performance for 2016 was 64% which outperformed the average recovery over the last three years of 51%. This difference marks an uptrend in past years success of capturing past due payments. Recoveries in Spain and Slovakia have each seen periods of increases in the past three years, although for their…
As we mentioned in our last weeks announcement, we are launching our first investor webinar on March 23, 2017, 3:00 PM EET. We want to offer new ways for our investors to stay informed on what’s happening on Bondora and in the finance industry in general. The topics that we’ll be discussing in the first…
POSTS FROM PAST WEEK Four ways to create an investing plan that works We offered some useful insights on how new investors can get in the game. Building a plan around automation, diversification, cost control, and discipline can create success over a lifetime of investing. While there are many popular strategies to growing wealth, the…
Investors starting today have access to more information and technology than ever before. However, with these benefits comes a problem – how can new investors cut through the noise and learn how to invest effectively? A smart plan will put the investor in the best possible position to generate returns while managing risk. In this…
Around the world Yahoo Finance posted an article discussing the growing membership of the Marketplace Lending Association. This trade association, formed in 2016, seeks to advance the marketplace lending world through the development of transparency, efficiency and consumer-based solutions. In recent years the association has provided a foundation of legitimacy for various P2P networks. ***…
The economy has recovered since the global financial crises. However, there is an unspoken side to this story; the economy that rose from the ashes is different than the one we lost. Today, people are discovering that they need to work three times as hard for one-third the gain. Wages have stagnated, and risk-averse companies…
Originations for the month of February dipped since last month as our total reached €2,460,575. However, there was a noticeable increase in the total interest for Finland which came in at 49.99% compared to 45.38% last month. Estonia held steady with a total interest of 20.84% compared to 20.79% last month. Spains interest dropped significantly from 98.01%…
POSTS FROM PAST WEEK We are launching our new investor webinar series on March 23, 2017 Yesterday we announced the launch of our new webinar series! The first webinar will take place on March 23, 2017 and we invite everyone interested to join and take part of the discussions. Read more about it Weekly industry…
We have been putting in a lot of effort for the past year to improve our investor communication and provide more information to our investors about a variety of topics. Transparency has always been one of Bondora’s key strengths, with all our loan data and transaction ledgers made public and extensive reporting features available for…
Around the world Times Leader published an article citing the growing interest among major financial firms to create their own marketplace lending businesses. Major players in the world of finance recognize the value of peer-to-peer lending as an alternative to conventional banking. Ironically, the entrance of global firms into marketplace lending resembles the traditional banking…