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,…
Earlier this week we explained how the management structure has been set up within Bondora. Today we will share information on our Supervisory Board. SUPERVISORY BOARD STRUCTURE In accordance with Bondora’s articles of association, the Supervisory Board, which oversees the Management Board, currently consists of one chairman and five board members. Details are set out…
This week we are excited to launch another new feature that improves our weekly summary. Each week we will be sharing a summary video that talks through the main topics covered on our blog over the past week. Please let us know at [email protected] if you would like us to talk about anything in particular…
Last week we started sharing detailed information on how Bondora is managed and operated. We promised that over the coming months we’ll go in-depth across all areas relevant for our investors. Today we are looking at Bondora’s management structure, specifically the Management Board. BOARD STRUCTURE The articles of association of Bondora set out a two-tier…
Last week we saw a number of positive signs for the industry coming from the US. LendingClub seems to have sorted out its troubles with Jefferies Group and Moody’s has removed warning’s from Citigroup Inc. securitization of Prosper loans. Peer-to-peer lending is also getting more coverage in traditional financial press in the UK with multiple…
Our investors have continuously been interested in the topic of Bondora’s collection and recovery. So as a continuation of yesterday’s post we decided to give you more details about our current setup of servicing, collection and recovery and also what to expect in the near future. HOW HAS SERVICING, COLLECTION AND RECOVERY PROCESS DEVELOPED IN RECENT MONTHS? In…
KEY TAKEAWAYS FROM COLLECTION AND RECOVERY PROCESS 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…