We are happy to announce that today at midnight we will roll-out the new bankruptcy-remote legal structure. As mentioned in our previous blog post, the new structure is suitable for EU and non-EU investors, both natural and legal entities (incl. non-financial legal entities).
After the roll-out, the loan agreements shall be concluded between the borrower and Bondora, and Bondora will immediately assign the claim deriving from the loan agreement to the investors through a broker entity. Thus, instead of a loan offer, Investors will sign the brokerage, servicing and assignment agreements. The change to the legal structure does not affect the process for the investors, meaning that investments/bid shall be still made in the same order and manner, and Bondora will continue servicing the loans.