Bondora Blog

Follow the Bondora Blog for personal finance tips, Bondora news, investment insight, and more!

10 Successful Tips to Negotiate a Better Salary

Finance Tips

If you’re one of the millions of people looking to get a better salary or searching for a new job, it’s essential to learn how to negotiate a better compensation package for yourself. Even if you plan on staying in your current position, understanding how to negotiate effectively can help you land the pay increase…

🙋🏾‍♂️Your Top 5 Questions in January – Answered!

Bondora

Hi there, I’m Temiloluwa from Bondora’s Investor Relations team. Every month, we round up all the most-asked questions we received from investors in one blog post. You can find all the answers to these top questions right here. It’s just another way we provide first-class customer service. Let’s go through the top 5 questions we received…

Source of funds request explained

Bondora video

To protect your investments, we must comply with Anti-Money Laundering laws that help build a transparent and safe financial system. This includes determining the source of funds that our customers use when investing. But what exactly is the ‘source of funds request?’ Keep watching to find out. The source of funds request is a formal…

Advancing Bondora to the Next Level: Platform Upgrades Coming this Fall

Bondora

We finished the last year on a major improvement to Bondora; we introduced Bondora Rating and risk-based pricing to make investing across multiple markets easier, more transparent and more consistent. This change was imminent to accommodate the new investors, who did not have or were not willing to develop the sophistication of early adopters, but…

Legal structure: What are we changing?

Bondora

We have finalized a new bankruptcy-remote legal structure that is suitable for EU and non-EU investors, both natural and legal entities (incl. non-financial legal entities). The new structure will reduce compliance and operational risks for investors on the platform. The new structure will be rolled out by end of August and a separate notification sent…

Fintech startups will replace universal banks

Finance Tips

The article by Bondora CEO and co-founder, Partel Tomberg, originally appeared in the European Credit Research Institute Newsletter. Marketplace lending will make universal banks obsolete by giving everyone the opportunity to provide capital directly to consumers and businesses. Every consumer and small business should have an option to find the best service provider for every…

Improvements to the datasets

Bondora

We are implementing some changes and updates to our public and investor data export data sets. The updates are mainly done in two areas: Adjusting and adding data fields to reflect better the recent changes to the business processes. Standardizing the data and fixing some known issues. Changes will include: The second application in the…

Extending our Collection and Recovery efforts

Collection & Recovery

We are extending our C&R (Collection and Recovery) efforts with the help of specialized collection agency services. For the past six months or so we have worked on enhancing and simplifying the C&R efforts to maximize your returns. We have automated messages going out with payment reminders as well as overdue notifications with email, SMS and…

XIRR will only be calculated when there is enough data

Bondora

Due to the way the XIRR (extended internal rate of return) mathematical formula works, the result can be relatively volatile in cases where only a few actual transactions have happened. Especially if the first transactions for the investor are done on the Secondary Market with considerable mark-up/discount. To reduce this volatility and to give a better overview for…