Over the years we’ve listened to input from users. These suggestions have helped us improve and redesign our site. We’ve made Bondora is faster and more intuitive than ever. As a result more users are discovering the practicality of marketplace lending. Getting started with an account takes just minutes because we’ve optimised one key area: … Continue reading “Easy ways to make a deposit to Bondora”
How Bondora is different Bondora empowers communities by leveraging technology to connect investors and borrowers. Our model makes affordable, fast lending accessible for underbanked regions. Our marketplace investor base is largely retail with over 25,000 investors from 67 countries. The transparent framework of our business has given users the confidence to invest more than 90 … Continue reading “Bondora Capital is searching for a Chief Accountant”
POSTS FROM PAST WEEK Performance of recovery performance – May 16, 2017 We offered the regular review of our recovery performance which shows that the average recovery rates in Finland, Spain and Slovakia are all higher in 2016 compared to their 2015 figures. Our renewed recovery initiatives in 2016 may explain the total improved recovery … Continue reading “New portfolio data visualizations, industry news and recovery performance”
KEY TAKEAWAYS The average recovery rates in Finland, Spain and Slovakia are all higher in 2016 compared to their 2015 figures. Slovakia continues its successful recovery with an average 2016 recovery rate of 84% compared to just 36% in 2015. Moreover, this strong trend is holding steady as previous months have shown similar results. Estonia … Continue reading “Performance of recovery process – May 2017”
News from around the world PR Newswire reported that P2P reporting and analytics platform dv01 has bolstered its efforts to bring transparency to the market with a new partnership with Sofi. Institutional investors using dv01 services will now have access to detailed Sofi lending data including student and personal loans. Since their inception dv01 has … Continue reading “Weekly industry news roundup – May 15, 2017”
Part of our mission at Bondora is to make marketplace lending simple and transparent. We want our users to be confident that they have all the information they need to make an investment decision. However, this approach doesn’t stop once an investor funds a loan. Our users want to know how their portfolio is developing. … Continue reading “Get a quick visual insight of your portfolio structure”
POSTS FROM PAST WEEK Monthly origination summary for April 2017 On Tuesday we reviewed the loan origination totals for April reaching €2,871,397. This is slightly less than last month but is mostly in line with the average of the last three months. The concentration of originations is found in the “B” through “D” rated loans. … Continue reading “Loan origination for April, new selling features, industry news”
April’s loan origination total of €2,871,397 was slightly less than last month but is mostly in line with the average of the last three months. The concentration of originations is found in the “B” through “D” rated loans. This section of the loans offered total interest rates ranging from 14% to 25% as higher risk ratings … Continue reading “Monthly origination summary for April 2017”
News from around the world American Banker examined the trend of small banks seeking P2P solutions for their SBA expansion. The Small Business Administration helps companies secure financing for working capital, equipment, real estate and inventory purchases. Smaller, local banks act as intermediaries in these transactions. By partnering with marketplace lenders they can amplify their … Continue reading “Weekly industry news roundup – May 8, 2017”
Yesterday we talked about selling multiple investments as one portfolio. Today we’ll introduce another feature which is closely related to that. The new feature allows investors to sell loans directly to other investors. The feature opens up a wider offering of investments for our users. With this feature an you can also bundle several loans together and … Continue reading “Sell loans from one investor to another with our new Direct Sell feature”