Category: Platform Overview

In this post we’ll take a closer look at how to access and use the “Monthly Overview” report available on the Reports page of your Bondora account.

Like the other reports you only need to enter a date range to generate the information. Once exported to a CSV file you can review the detailed numbers behind your investments. The information is organized into three common accounting reports:

• Cash Flow Statement
• Income Statement
• Balance Sheet

Let’s take a brief look at each of them.

Cash Flow Statement

This is the most robust of the three reports. It provides up to date accounting of all inflows and outflows from your account. This information is valuable for investors who want to monitor fees, repaid principal and repaid interest. The month by month account provides a snapshot of your performance. Most importantly, the holistic view makes trends visible so you can adjust your holdings accordingly.

Income Statement

This is the most consolidated view. Use this report to help plan and project future earnings based on past performance. Investors can also look at the developing relationship between “Planned Interest” and “Received Interest.” By examining what percentage of the planned interest results in received interest you can gauge the likelihood of expected income in future months. You’ll notice this relationship ebbs and flows each month.

Balance Sheet

The Balance Sheet maps out your portfolios outstanding principal based on the status of principal payments. The loan balance is grouped into period cohorts, showing how much of the total outstanding principal each group holds. These can also be thought of as risk groups – the bigger the share of outstanding principal in the “overdue” groups, the more risk your whole portfolio holds. It is a good risk mitigation option to keep an eye on the overdue groups and periodically analyze how the values change over the months. For example, if the report shows that the shares of the outstanding principal in the overdue and default groups are starting to increase, then appropriate measures should be taken to mitigate the risk.

This week we bring you another overview of a reporting feature within the Reports page. Investors can generate an in-depth look at the performance of their loans listed in the secondary market with the “Secondary Market archive” report. This report can be useful for those who are more active in Secondary Market. As discussed in earlier posts, the Secondary Market presents a different risk level than the Primary Market. For this reason users may want to access the granular data available from the reporting.

Generate a report

When using the report you can enter specific start and end dates to customize the output file or leave the date fields empty to get the whole transactions history. After selecting “Create the report” refresh your browser and the CSV file will be available for downloading.

Get useful insights from your Secondary Market data

Some of the more useful information includes factors like the loan start and end date, the discount rate and principal. You’ll notice that no investment is listed in Secondary Market longer than 30 days. This is due to the length restriction for the investment to be listed in the Secondary Market. If the investment is not sold or cancelled in 30 days since listed (“StartDate”), then it will be removed from the Secondary Market automatically. These investments are marked as “Failed” in the report. If the investment is sold, the status will be marked as “Successful” and if the investor decides to cancel the sale,  the status is “Cancelled”.

Another thing to look in this report is the discount rate (“DiscountRate”) of the investments. When you aggregate and filter the data by status (“Result” field) or by loan debt days (“DebtDaysAtStart” and “DebtDaysAtEnd”), you may determine whether the discount rates are appropriate for the investments to be sold on the Secondary Market. For example by comparing the average discount rate value for “Failed” and “Successful” investments or group the discount rate values by debt days to find any useful patterns.

There are more ways to use the Secondary Market history report and optimize your investment strategies by combining the data with other reports or benchmark your data against the full Secondary Market transaction history of Bondora, available in the Public Reports page.

Remember, many of the borrowers in this marketplace exhibit a higher risk than the loans that would be seen in the Primary Market. Investing strategies differ but all wise investors keep their portfolios diversified. Investing in Secondary Market should also follow that principle.

According to the first collected statistics, investors who participated in the program, earned 168€ on average.

Last week, we showed you how to invite your friends to Bondora using the email invitation feature on your investor Dashboard. This week, we’ll provide a step by step guide on how to send a Refer-A-Friend invitation to your Outlook and Gmail contacts.

Step 1.

The steps to send an email invitation to your Gmail or Outlook contacts are essentially the same. Go to the “Refer-A-Friend” tab on your investor Dashboard. Here, click on either the “Invite by Gmail” or “Invite by Outlook” button to send the email to your contacts.

Step 2.

A Login window will pop up asking you to login to your Gmail or Outlook account (whichever was chosen).

Gmail login:

Outlook login:

Step 3.

After you’ve logged in to either your Gmail or Outlook account, Bondora will ask your permission to view and display your contacts data. Click “Allow” for Gmail or “Yes” for Outlook to continue.

Gmail permissions:

Outlook permissions:

Step 4.

In the next window, you can choose the contacts to whom you want to send the Refer-A-Friend invitation by marking the checkboxes next to the contacts. Click “Next” to continue.

Step 5.

Final step will be the email preview. Here you can also choose a language for the email (english, estonian, spanish, finnish or german). Click “Send emails” to send out the email(s) to your selected contacts.

Just to remind you, when you refer a friend, you get 5% of everything they have invested over the first 30 days. You get paid inside 20 business days after their first 30 days on the site. As long as your friend invests at least 10 EUR and follows our terms and conditions, the money is yours. Share more, earn more.

A few days ago we brought you the latest results of our Refer-A-Friend program. The average earned bonus was €168 and our highest earned bonus by referring investor to date is €1,534.

In this post we’ll provide a quick overview of how you can get started fast using our simple “Invite by Email” feature. Show your friends how easy it is to generate returns with marketplace lending.

Step 1.

From your investor Dashboard, click on the “Refer-A-Friend” tab. You’ll be directed to a view where we’ll provide you with an personalized referral link. Here, click on the “Invite by Email” button to start sending invitation email(s).

Step 2.

In the popup window, you can enter one or multiple email recipients by filling in the name and email address fields. It is possible to add up to 10 recipients in one email batch. When you’re ready, click “Next“.

Step 3.

In the final step, you are presented with the preview of the email subject and content that will be sent out to the recipients. Here you can also choose the language for the invitation email. The supported languages are english, estonian, spanish, finnish and german. When you’re ready, just click “Send emails” and you’re done.

Remember, When you refer a friend, you get 5% of everything they have invested over the first 30 days. You get paid inside 20 business days after their first 30 days on the site. As long as your friend invests at least 10 EUR and follows our terms and conditions, the money is yours. The more people you invite the greater your earnings potential.

Bondora investors can get a quick and customized report detailing their aggregate planned future cash flow from loans with this report.

Access the information from the Reports page in your account. You can enter a specific start and end date or leave the date fields empty to generate a report with whole data. Shortly, the system will generate a CSV file that can be downloaded for review. The output information details the scheduled amount and date of each principal and interest repayment of each loan. This report is valuable for investors that want a tight control over their income from investments. Additionally, the information provides insight on how the total return will add up over the long-term.

This information is similar to the Cash Flow page. However, the difference with the planned future cash flow database is that it is more aggregated and simpler because it includes fewer data points.

Data on interest payments and late charges for rescheduled loans is also included. By having the data in spreadsheet format, users can segment the information as they choose and view current loans and rescheduled loans separately as they may represent different risk levels. Users can also segment based on repayment date breaking down the information by month or year. You can find more specific information about the data points included in the report by accessing the Public Reports page.

Bondora users can register and login faster than ever by using their Facebook account. Discover the world of marketplace lending with our intuitive interface and transparent processes. We’ve made the steps brief and easy:

Register with your Facebook account

Step 1.

On our homepage, click, “Continue with Facebook” or Click on the Facebook account icon in the top right of the page.

Step 2.

Choose the Facebook account you’ll use on Bondora. Enter your Facebook email and password.

Step 3.

Bondora will ask permission to verify your Facebook account in order to create your Bondora user account. The permissions are only required once. You may revoke the permissions at any time. Click “Continue as investor” to continue the registration process.

Step 4.

Now your Bondora account has been created with your Facebook account. Next, finish your account setup by providing a few personal details and choosing your preferred investment strategy. Finally, you can add funds to your Bondora account to start investing right away.

Login with your Facebook account

Once you’ve registered as a user on Bondora with your Facebook account logging in is fast and easy.

Step 1.

Click on “Secure sign-in” in the top right on Bondora homepage.

Step 2.

Click on “Continue with Facebook“ button.

Step 3.

Select the Facebook account you’ll use going forward. Enter your password. The Facebook account email address must match the Bondora user email address.

Step 4.

Bondora will ask permission to verify and match your Facebook account with your Bondora user account. Permission is only requested once. You may revoke the permission at any time. Click “Continue as investor” to continue the login process with your Facebook account.

Step 5.

Once logged in you’ll be directed to your Bondora Dashboard. If your Bondora account setup is still not completed, you will be directed to the identification form page to finish the setup process.

Remember, we have a robust offering of help content. You can find answers to almost any question using the support section of our page.

The monthly risk profile graph in the private statistics page gives users the ability to monitor their exposure to overdue loans. The wise investor is one who knows their tolerance for risk. Therefore, the risk profile chart is critical because it enables investors to see if the repayment performance is in keeping with their expectations.

Over the long-term some investors may choose to ensure that the overdue portion of their holdings remains at a reasonable level. User may also wish to balance this performance with their desired total return.

To a degree there is a connection between the individual’s risk profile chart and the total Bondora recovery data reported monthly. If a user experiences an increase in the overdue proportion of their holdings they may become more interested in the success of Bondora’s recovery efforts.

Finally, the chart represents how well the Portfolio Manager is adhering to the investment style the user selects. As we have explained in previous posts, terms like “conservative” and “aggressive” are not comparable to other investment instruments (e.g. stock, bonds, etc.). Therefore, a new user on the Bondora platform may underestimate the risk exposure of even a conservative strategy.

This chart works best when viewed as a part of a larger picture in the private statistics page. Using all the data available creates a dimensional picture to empower the user to control their investments and ensure the combination of risk and return works for them.

The Bondora interface is designed for easy use and fast execution. Therefore, we have made it easier than ever to get started by using your Google account to register a Bondora account. In this brief overview we’ll look at the steps to become a Bondora member.

Register with your Google account

Step 1.

On Bondora homepage, click on “Continue with Google“ in the registration form section or Click on the Google account icon in the top right of the page.

Step 2.

Choose the Google account that you want to register as your Bondora user. Enter your Google email and password.

Step 3.

Next, Bondora will ask your permissions to verify your Google account and create your Bondora user account. The permissions are saved and it will not be asked again. You may revoke the permissions at any time. Click “Allow“ to continue the registration process.

Step 4.

Your Bondora account is now created with you Google account. Next, finish your account setup by providing a few personal details and choosing your preferred investment strategy. Finally, you can add funds to your Bondora account to start investing right away.

Login with your Google account

Step 1.

Click on “Secure sign-in“ in the top right on Bondora homepage.

Step 2.

Click on “Continue with Google“ button.

Step 3.

You will be asked to choose a Google account and to enter your password to sign in before continuing. The Google account email address must match the Bondora user email address for the login.

Step 4.

During your first login Bondora will ask your permissions to verify and match your Google account with your Bondora user account. The permissions are saved and it will not be asked again. You may revoke the permissions at any time. Click “Allow“ to continue the login process with your Google account.

Step 5.

Next, you will be logged in and directed to your Bondora Dashboard. If your Bondora account setup is still not completed, you will be directed to the identification form page to finish the setup process.

If you have any issues with the registration or login process, don’t hesitate to contact our Support for help.

Choosing a Portfolio Manager strategy is the most critical decision a Bondora user will make. In this post we will look at the underlying characteristics of the various investment strategies, which range from “Ultra-Conservative” to “Opportunistic.”

Risk tolerance and expected loss rates

The Portfolio Manager page features three default settings, “Conservative,” “Balanced” and “Progressive.” However, investors can broaden their range of options with risk-return strategies including “Ultra-Conservative” and “Opportunistic.” These two additional options sit at either end of the risk spectrum.

Bondora uses your risk profile to choose the loans that form your portfolio. Investors who choose more conservative investment strategies are invested in loans with lower expected loss rates. Aggressive investors receive loans with higher expected loss rates. Over time the aggregate holdings in the portfolio match the risk tolerance of the investor. It is important for investors to monitor loss rates, payment statuses and the Bondora rating within their investments to ensure they are comfortable with the outcome of their Portfolio Manager settings.

Some investors engaging the “Conservative” setting may discover some HR loans in their portfolio. This can be unexpected because the HR rating is the lowest on our scale and therefore represents a high-risk investment. HR loans may become part of a conservative investment strategy when the current expected return of the portfolio is lower than the target expected return. In this case the Portfolio Manager might target loans with higher risk profile to achieve the required return.

Calculating expected return values

When choosing an investment strategy, users often consider the balance between their risk tolerance and their goal return rate. Bondora recalculates the expected return value for each strategy on a weekly basis. We run simulations using live and historical data. The combination of constant calculations and real data help us deliver realistic return values that represent achievable outcomes.

Understanding relative risk

Portfolio Manager settings like “Conservative” should be taken as a relative term. That is, a conservative approach within the Bondora setting is different than a “conservative” approach with other investment instruments. For example, an “Ultra-Conservative” strategy within the world of Bondora’s marketplace lending may carry greater risks than an “Ultra-Conservative” stock or bond strategy because the investments are not comparable and represent entirely different types of risk.