Do you stress about money? Well, you’re not alone. Financial anxiety is a common issue many people face, especially in today’s uncertain economic climate. The constant worry about bills, debt, and the future can significantly affect your mental and emotional well-being. However, it’s essential to recognize that you are not alone in experiencing financial anxiety,…
Gergő‘s is a rare find in the world of analytics – he truly loves creating reports and always puts data first. And he has a ton of interesting hobbies! Keep reading to find out more about Gergő Zavecz, our 36th Superhero. Bondora Superhero #36 — Gergő Závecz 👦Bondorian since May 2022 🔍Role: Senior Analyst 💡Team:…
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…
Our German investors Kolja Barghoorn and Lars Wrobbel are co-authors of the popular P2P investment guidebook “Investieren in P2P-Privatkredite” in German but for neither of the 31-year old men investment is not the first priority. Kolja runs a web video production firm and Lars works as an IT expert, while writing books, writing for a…
Dear readers. We are more than happy to put the spotlight on the people inside Bondora. We start to introduce you to our people who make things happen behind-the-scenes and who impact the global financial technology scene. First up is the always digital Kairo Kraaner. What do you do here at Bondora? I joined Bondora…
We are very happy to bring you our second Youtube video from the series that focus on Bondora new features. Just recently, the grant of the credit provider licence from the Estonian Financial Supervision Authority (FSA) brought along some changes in the product. One change that came together with the license was the new bidding…
IN SHORT We have implemented a more aggressive strategy to deal with overdue loans. One of the key strengths of this new process is that we will hand over the overdue loan to a local debt collection agency (DCA) already after a week after missing a payment. This will deliver quicker results and improve payment…
Estonian Financial Supervision Authority (FSA) has granted Bondora a credit provider licence. The FSA is the main regulating body in Estonia which governs and oversees all banks, credit providers, credit intermediaries, insurance companies, insurance intermediaries, fund managers, investment and pension funds, investment firms, E-money institutions and payment service providers. The application process has been very thorough and…
Martin Resch’s investment career has lasted over 30 years. His investments span from growing trees all the way to day trading and for the last 8 years a growing piece of his portfolio is going into P2P lending. Please give us a little hint about your background and what are you up to today? Living…
Bondora has hit a major milestone today – we have processed €1, 000, 000, 000 worth of loan applications. Out of those applications we have approved €150M of loans to our marketplace and our investors have funded €52M. Having generated €1 billion in demand is a fantastic accomplishment that clearly shows Bondora as a global…
As you have probably seen we’ve been actively updating our cash flow page. It has been our engineering team’s priority over February and March to execute the feature improvements that you have been requested. We hope that the cash flow page serves as a great analytical tool for you and becomes the go-to place to…
Seven years ago today Bondora was launched. As part of the celebration, we’ve put together an infographic to bring you some of the highlights from the past years. This is also a great moment to reflect back and say Thank You to all our customers for your support over the years. We are truly thankful…
Pushing Boundaries – the 2015 UK Alternative Finance Industry is the latest report jointly published by the Cambridge Centre for Alternative Finance at the University of Cambridge and Nesta, which tracks the size and development of online alternative finance in the UK. In total 94 companies participated in the survey and the results give an in…