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…
Welcome to our 2024 Q&A with Pärtel Tomberg, the CEO and Co-founder of Bondora. Thank you for your interest and for sending in all your questions. Pärtel answered the most-asked ones. In this video, Pärtel talks about our plans to improve the current investor experience, his 5-year vision for Bondora, how we are building trust,…
We are currently updating all data features across our different channels: API, Data Export and web. The updates will consolidate all our different data sources and thereby make the exact same data and information available to each investor regardless of the channel they use. Today there are differences in available data points as well as…
WRAP-UP OF LAST WEEKS POSTS: Monthly origination summary – July 2016 July was a record month at Bondora with a total of €2,289,230 of loans issued. The record came despite a slightly lower value of processed loan applications at €35,551,410. €5,269,680 of loans applications were made available in the peer-to-peer lending platform with the growth…
July was a record month at Bondora with a total of €2,289,230 of loans issued. The record came despite a slightly lower value of processed loan applications at €35,551,410. €5,269,680 of loans applications were made available in the peer-to-peer lending platform with the growth compared to June driven by improvements to funnel conversion rates (from…
The week of 25th of July was awfully quiet in our industry. The biggest news came once again from the US where Bloomberg wrote about Prosper’s plans to launch their proprietary investment fund focused solely on the peer-to-peer lending assets Prosper originates. Meanwhile Huffington Post and Financial Planner wrote about trends created by financial technology…
We are very thrilled to announce our biggest Portfolio Manager and Dashboard release to date. Since last October we have fine-tuned our two most actively used products a couple of times. In the first weeks of August we are making a great leap forward and adding a lot of features heavily requested by our investor…
Today we are continuing our article series on governance and risk management at Bondora. Earlier we have discussed our high level governance model, Management Board structure as well as the background of our Supervisory Board members. Today we take a closer look at our audit function. FINANCIAL AUDITOR AS Deloitte Audit Eesti, Tallinn, Estonia provides…
POSTS FROM VIDEO SUMMARY: Bondora portfolio performance Net returns across Bondora have steadily been in high teens for the past 7 years. Country-level performance has been positive across all countries since January 2015. Returns on Estonian originations have been stable with a slight downward trends as overestimated risk buffers have been reduced in pricing. Returns…
Last month we started our monthly portfolio performance article series. The monthly series provides an overview of historic returns across Bondora as well as per country and grade where applicable. KEY TAKEAWAYS Net returns across Bondora have steadily been in high teens for the past 7 years. Country-level performance has been positive across all countries…
Last week was relatively quiet in the industry. Main highlights are news that Goldman Sachs is nearing the launch of their online lending service and Amazon launching a partnership with Wells Fargo in the US. In the UK Financial Times discusses why alternative finance platforms should become banks. Financial Times also shares the thoughts of…
Last week we walked through our servicing, collection and recovery process. Today we will demonstrate the performance of the recovery process across different countries. KEY TAKEAWAYS Recovery rate in Estonia has averaged around 50 per cent under the current process. Legal litigation has recently been combined into the process to further boost recoveries. Recovery rate…