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…
Recovery Rates have been consistent across the board. KEY TAKEAWAYS Recovery rates in Estonia averaged 36% last month. For the last 3 quarters, Q4 of 2015 and the first 2 quarters of 2016, we are seeing an increase in recovery rates on a monthly and quarterly basis. Quarterly recoveries increase from 53% to 60% to…
AROUND THE WORLD In this Wall Street Journal article, SoFi, which specializes in US student loan refinancing, announced a funding round starting with the intention of raising $500 million. They are one of the best performing US p2p lending platforms and intend to use the funds to expand their student loan business to Europe and…
One of our most common questions is about using the Secondary Market. More specifically, how to sell a loan on the secondary market? Here it is in a nutshell: Research and select investments to sell Add investments to Sales Cart Sign Sales Agreements Checking the investments you listed in Secondary Market Tracking sold loans Research and…
We like being transparent here at Bondora, and we like giving you our loan data for your own analysis. You can slice and dice all the data however you want to come up with your own method of selecting loans for investment. When you look at the Public Reports in the “Shared Legend between Public…
WEEKLY SUMMARY FROM BONDORA You may have noticed that we are updating our blog more often. Here is what we did in this last week. Monthly Loan Originations In this post, we broke down the monthly originations in more detail by credit grade and by country. Estonia still has the most loans issued but Spain…
Building on the record month of originations in July, in August, we saw originations grow in 2 countries (Estonia and Spain). We saw another record month of originations at €2,782,475, topping July’s record of 2.28 million Euro. That’s a 21.5% increase month over month. The loan origination summary for the month of August is detailed…
AROUND THE WORLD One of China’s richest men calls p2p lending a scam. In this article, Chinese billionaire Guo Guangchang calls out p2p lending in his country not long after China’s government announces its limits on peer lending for borrowers there. Although we disagree with the premise, it does make for interesting reading to see…
Weekly Summary from Bondora We’ve seen a lot of activity in the last week and you may have noticed we are updating the blog more often. If you didn’t see what we’ve talked about in the last week, you missed a lot. Do you subscribe? Subscribe and never miss important news from us again. Here is…
KEY TAKEAWAYS Country level returns are still strong with lenders earning a healthy 17.42% rate of return across all loans and all countries in 2015, which is looking good. The portfolio is paying above the targeted return ranges meaning excellent returns for lenders. ACTUAL AND TARGETED BONDORA NET RETURNS BY GRADE AND COUNTRY Estonia: Estonia…
AROUND THE WORLD Lending Club leads an ugly quarter for US p2p lenders in this Bloomberg article. They aren’t the only ones with issues as Prosper, Avant having to cut staff as well. The executive shakeup at Lending Club and its impact on 2nd Quarter earnings is discussed here where new CEO Scott Sanborn is…