Bondora Blog

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July 2022: Over €1M Recovered

Collection & Recovery

After a slow June, our collection and recovery figures rebounded as anticipated. The number of recovered loans, as well as the total cash recovered, increased. The total recovered cash also climbed to exceed €1 million once again! Read more: The count of loans grew by 0.5% to 79,395 loans in July. And the cash total…

How to Beat Inflation with 3 Easy Strategies

Finance Tips

‘The silent killer of money’—a synonym for inflation, and enough reason to want to overcome it. And there’s a good reason for it. If left unchecked, inflation can erode the value of your euro, meaning everything you buy becomes more expensive. Ordinarily, a little inflation – roughly 2% annually – is a normal part of…

Originations & Investments Increase to over €15M

Bondora

Loan origination and investments showed a solid increase to €15,333,326 in July. This rebound in statistics was expected after the slow summer decreases in June. Collection and recovery statistics also grew, exceeding €1 million. Read more here: In July, we welcomed 1,821 new investors to Bondora—slightly more than in June. Our total investment has increased…

Wanted: Engineering Managers

Bondora

We have multiple engineering teams with exceptional individuals, but there’s one piece missing from the puzzle: we need dedicated Engineering Managers to lead those teams to excellence. If you’re excited about joining a hyper-growth phase fintech that’s going to help people build better financial futures, then read on: The job in a nutshell: As an…

June: Decline in Secondary Market Activity

Market & Pricing

As has become quite normal, Secondary Market activity decreased after increasing the previous month. Activity decreased by 24.0% to a total of €138,878 transacted. Manual transactions still have the largest share of all transactions (49.2%), which equals €68,345. Read more: In June, all three categories decreased, with Portfolio Manager dropping the most (-30.8%) from May….

On the Right Side of the Law – Meet Mihkel Kivisalu

Bondora

Here at Bondora, we have a legal team of experts that ensures we dot our i’s and cross our t’s in exactly the right way. And one member of that vital team is Mihkel Kivisalu, Bondora Lawyer, and our 23rd Bondora Superhero. Keep reading to learn more about Mihkel’s life in and outside the office….

🙋🏾‍♂️Your Top 5 Questions in June – Answered!

Bondora

Hi there, I’m Temiloluwa 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…

Photos: Q2 Highlights from Bondora

Bondora

We can’t believe we’re already halfway through 2022. But there have been some incredible milestones and highlights along the way. In this article, we’ll look back at some of the things to celebrate from Q2: Laying the cornerstone of the new office We laid the cornerstone of our new office building! We are becoming increasingly…

Another Good Month for the Loan Portfolio Performance

Market & Pricing

We’re in the middle of 2022 Q2, and the portfolio performance is looking good. All three markets show robust and reliable growth rates across different risk-rating categories. The yearly return rates for all three markets continue to exceed their targets. Some quarterly rates for 2021 decreased from April, but they perform well ahead of their…

🔥Happy Midsummer!

Bondora

23 and 24 June are two very special days in the Bondora calendar. Midsummers’s Day (jaanipäev) on June 24 and jaanilaupäev before it are the most important holidays on the Estonian calendar. It’s just after the Summer Solstice, the longest day of the year. In Estonia, it also coincides with the famous white nights –…

Originations and Investment Funding Stabilize in May

Market & Pricing

Both originations and investment funding declined slightly in May, but remained at sustainable growth levels. Investment funding totaled 15,458,394 and loan originations totaled €15,618,880. Read more: After setting new highs for investment funding in April, May’s figures declined by 0.6% to €15,458,394. Go & Grow remains the overwhelmingly significant product with €14,980,825, Portfolio Manager follows…

Over €2.2M recovered: New 2022 Collection Record

Collection & Recovery

Our cash recovered increased by 174.6% to €2,204,584. This is one of our highest figures in history and a new record for 2022! As in April, the majority was recovered from Estonia (€1,628,524). In contrast to April, when we set a new record for the number of missed payments recovered, this figure decreased in May…

8 Tips to Not Overspend this Summer

Finance Tips

Summer can be an exciting time filled with warmer weather, adventures, and fun with friends and family. Most Europeans travel during the summer, making it many people’s favorite season. While fun and travel are certainly enjoyable, they aren’t free, and it can be easy to overspend when you’re having a great time. Taking advantage of…