After successfully launching a new loan market in the Netherlands last year, the Bondora Group has now opened another brand-new loan market in Latvia! We’re happy to announce that customers in Latvia can now access Bondora’s convenient online credit financial services. With every new market the Bondora Group company launches, your investment portfolio becomes more…
After decreasing slightly in September, investments and originations rebounded in October. Both these statistics totaled just over €15M, with a growth rate of 4.8% from the previous month. On the other hand, cash recoveries decreased a little, totaling almost €1.6M in October. Here are more October stats: 602 new investors joined Bondora in October. In…
If you’re a millennial, chances are that family caregiving is something on your mind. Your parents’ health and retirement are beginning to play a part in your life. As we age, so do our older family members, and their well-being often becomes a concern. While caring for aging parents is admirable, it can strain your…
KEY TAKEAWAYS FROM COLLECTION AND RECOVERY PROCESSÂ DATA IMPROVEMENTS We have now developed and implemented the reporting system to reflect the write-off amounts for each payment and claim in our collection and recovery process. This way investors can see both gross and net payments. Until today it was only possible to see the net payments and…
Our recent surveys showed that our investors would like to have a better understanding on how Bondora is managed and its risks mitigated. Therefore we will be sharing a lot of behind-the-scenes information on Bondora with our investors over the coming months through our blog and website. Today we have put together a high level…
We have selected a few stories on peer-to-peer lending from last week that everyone interested in this industry should read. Check out the topics below. AN ANALYSIS COMPARING DIFFERENT FIXED INCOME INVESTMENTS WITH PEER-TO-PEER LENDING Online Lending: High-Yield Investing for a Low-Yield World (5.07.2016, Orchard Platform) STORY ON CONSEQUENCES OF A UK PLATFORM GOING INTO ADMINISTRATION…
Last week Fintech Switzerland published an article on the top peer-to-peer lending platforms in Europe. That made us reminisce what a difference a decade has made. Back then, marketplace lending was thought of as an alternative asset class and was viewed by early adopters as a compelling investment opportunity. Today, the industry has evolved into an asset…
Dear readers. Last month we kicked off with different monthly overviews here on the blog. If you missed the updates, here are the links – loan origination overview for May and portfolio performance update. General market activity in June was dominated by Britain’s EU referendum. Despite the current uncertainty around it, June provided another encouraging…
In this edition of “meet our team” we speak with the guy who according to Harvard Business Review has the sexiest job of the 21st century. Meet our very own data scientist and mind sports world champion (aka Andres) – a combination that is extremely powerful. Why did you join Bondora and what excites you most about this business?…
How much time do you spend on your personal finances? Currently 71,34% of bids on Bondora are made through the Portfolio Manager. Automated investment tools help to keep you organized and reduce your time spent throughout the whole investing process. There are many advantages to investing with our Portfolio Manager. In this video we are exploring these benefits in detail. CONTINUOUS INVESTING…
Here at Bondora we are committed to providing our investors the information they need for investing on our platform. We hope that this performance update helps to further understand the returns that you get from investing on Bondora. KEY TAKEAWAYS All countries have been profitable since introduction of Bondora Rating in January 2015 Returns in…
The UK has voted to leave the EU. The media is buzzing about how the recent vote will change everything. We asked CEO of Bondora, Pärtel Tomberg, to comment on the recent outcome. The UK is the #1 marketplace lending market in Europe today. Pärtel – how do you see Brexit influencing the marketplace lending…
Dear, readers. We are kicking off with different monthly summaries here on the Bondora marketplace lending blog. First up is our loan origination overview for month ending May 31, 2016 and soon will be followed by portfolio performance overview and recoveries. In May 2016 we processed €46,628,230 worth of loan applications, out of which we approved €4,814,045…