Bondora Blog

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7 Reasons Why You Want to Work at Bondora

Bondora

We love working at Bondora. And we think you will too. But we understand you might need some more convincing. Here are our 7 top reasons that make working at Bondora better than anywhere else: 1. Market-leading salary Let’s be honest; if you didn’t have to work, you probably wouldn’t 😉 But, seeing as you…

News: Fintech Investments Decline, but It’s Not the End

Finance Tips

The fintech frenzy has finally come to a close, and everyone is starting to feel the pain. After a decade of nearly unfathomable growth, the fintech industry has gone from full steam ahead to a languid trot. While fintechs aren’t the only ones seeing a decline in investment dollars and growth, they appear to face…

🙋‍♀️ Top 5 Questions in September – Answered!

Bondora

Hi there, I’m Lisette from Bondora’s Investor Relations team. Every month, we round up all the most-asked questions we received from investors in one blog post. You can find all the answers to these top questions right here. It’s just another way we provide first-class customer service.  Let’s go through the top 5 questions we received from…

What happens if a loan defaults?

Collection & Recovery

The Peer-to-Peer Finance Association (P2PFA) guidelines consider that a loan defaults after any portion of the loan is not repaid after 120 days following the original loan repayment date. We have a more conservative approach and consider a loan defaulted when a borrower has missed a scheduled payment by more than 60 days (or, in other…

What is default rate and recovery rate?

Collection & Recovery

Today we are writing about the default rate and the recovery rate of the defaulted loans. How is the default rate calculated? Some of you have asked us different questions about the default rate. In order to answer them, we first need to give a definition of the default rate. In our case, a loan…

How to set up a portfolio manager?

Collection & Recovery

If you are new to Bondora, it may be unclear how to set up your first portfolio manager. Should there be more than one portfolio manager? What criteria should you select? What does “portfolio limit” mean? Today we will explain what to look for when setting up your portfolio manager and start your automated investments….

Risk diversification and loan offer limits for investors

Bondora

Low diversification leads to higher risks Loan diversification, as mentioned before, is one of the main investment strategies in peer-lending to reduce investment risks. Even though it is possible to invest manually without any limits, it is always recommended to diversify between a number of loans, making small investments into each. For example: if you…

Bondora is now regulated by the FCA

Bondora

We are happy to announce that Bondora has now received a peer-to-peer lending license from the UK Financial Conduct Authority (FCA). The FCA-supervised peer-to-peer lending license is the only license available in Europe, which subjects peer-lenders to regulatory oversight. Bondora is one of a few peer-lenders currently operating under such license. The interim license increases…

isePankur has rebranded as Bondora

Bondora

We are glad to welcome you at Bondora, a new international trademark for isePankur. isePankur’s rapid development in the past 5 years left no room for the brand to accommodate our cross-border expansion. Like isePankur, Bondora continues to be a platform where you can invest into loans, previously accessible to banks and large financial institutions…

Recovery rates for different debt-to-income levels

Collection & Recovery

Some of the investors have enquired about the differences in recovery rates for different levels of debt-to-income. To explore this topic, we took a look at different timeframes (2011, 2012, 2013) and  discovered a tendency for no visible negative affect of the DTI level on recovery rates.* The chart below shows all recoveries and re-performing…