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 sell an entire portfolio. Here are two instances where our investors may want to use the direct sell feature:
- An investor may reach an agreement with another investor to sell their loans. In this case the investors have already agreed on the terms of the sale before arranging the transaction.
- Some investors may use direct selling to consolidate their holdings. Some users who began as private investors may find the feature useful when grouping their investments into a company account. This essentially works as portfolio transfer.
Selling directly to another investor
The direct sell option is very easy to use for investors. Here’s how:
On the Investments page, select which loans you want to sell by clicking the sales cart icon, then press the “Sell” button above. A popup box will appear asking if you want to sell the loans individually or as a single portfolio. Now you will need to designate specific investor username to whom you want to sell the selected loan(s) or portfolio.
In this same popup box you’ll see the total calculated expected income from the sale. The fee totals 1% of the sum of outstanding principal of the loan(s) less the sum of the overdue principal amount. The final step is to sign the loan sales.
Finding direct sales offers on Secondary Market
At this point the buying investor is able to find the loan/portfolio. The listing is available in the Secondary market page. Open the filter options and locate the filter “Show offers meant for me”, then select “Yes” from the dropdown box. Buying the offer is no different from the usual process – select the offer by adding it to buy cart and click “Buy”.
Explore how our new feature can reveal new investing opportunities as we take the next step in our evolution as a leading marketplace lender.
Last week we released a new feature enabling investors to sell multiple loans as one portfolio in Secondary Market. This feature adds a new tool for the investors to increase liquidity and manage their portfolio risk more effectively.
Sell multiple loans as one portfolio
Before, investors could sell investments from their portfolio one by one by adding the loans to sales cart and signing the sales orders in the Investments page. The new feature adds the possibility to combine the loans you want to sell into one portfolio and put this portfolio to sale on Secondary Market.
To sell multiple investments as one portfolio, just mark the “Sell as a portfolio” checkbox in the Sales list popup. The summary of the investments is displayed in the same view. In addition, you are able to set the price for the portfolio manually by marking the checkbox for “Set a portfolio price”. If you do not set the price manually, the system sets the sum value of outstanding principals as the portfolio price. Next, you just have to continue and sign the sales.
Find portfolios for sale on Secondary Market
To see all the portfolios for sale by other investors, go to the Secondary Market page and enable the “Show portfolios” option on the top right. This quick filter only displays portfolios for sale. You can look into each portfolio and see which loans are included and what is their history and status.
As mentioned, this feature offers a new level of liquidity for users. If an investor wishes to divest themselves of a loan they can do so before it reaches maturity. Additionally, investors can increase the liquidity of lower rated loans by including them with higher rated loans in a single portfolio, thus increasing the chances of liquidation.
Automation is one of the most powerful tools for investors today. When we remove ourselves from the equation we avoid the distractions that get in the way of accumulating wealth. At Bondora, we want to put automation to work for you.
How to set up your recurring payment
We’ve added a simple new feature which allows you to set up recurring payments from your bank to your Bondora investment account. When you login to your Bondora account, go to the “Add Funds” tab on your Dashboard. Below you’ll notice a checkbox for “Make payment recurring.”
With this checkbox selected, setting up a recurring payment is as easy as making a regular credit or debit card payment.
- Choose the deposit amount.
- Choose a period for the recurring payment.
- Choose a payment day.
- Click on “Make a deposit with credit card”.
After that you are asked to provide your card details and authenticate the payment.
Automation makes it easy to contribute even small amounts today. Over time the account grows from your regular contributions and your compounded returns. Even small weekly amounts can make a big difference. Why? One study showed that someone at the age of 25 contributing €75 per month will see their account grow to €263,571 by 65 based on an 8% rate of return. If you wait until you’re 35, the total reaches only €150,030 under the same conditions.
Set up recurring payment here
Our new instant payment options means Bondora users can move at the speed of the market. Previously, making a deposit to a Bondora account sometimes required more than a day due to bank-to-bank transfer processing. Now, investors can begin investing much faster. Use a Visa, Mastercard credit and debit cards or SOFORT online payments to make an instant deposit.
Top up your account instantly
These changes mean users can invest faster. Why is this important? As more users learn the benefits of P2P investing we’ve notice that our higher rated loans have become increasingly popular. As a result, some prefer funding methods that occur faster.
These new options come at no additional cost. Once you make a payment you will immediately see the results in your Bondora account. Therefore, you can allocate the money towards loans right away.
Security remains a priority at Bondora. We have initiated these options without sacrificing any of the privacy users have come to expect. Wirecard Bank secures all payments via credit card. At Bondora, we do not receive or retain any user’s credit card information. This method meets all the regulations required for PCI certification. Our users in Austria, Belgium, Germany, Italy, the Netherlands, Poland, Switzerland, and Spain can choose SOFORT as an instant payment option. Many prefer this secure method because it requires no storage of any confidential information.
Put your money to work and get started with instant payments today.
As part of our general and personal statistics page redesigns we have updated the look and data on the Annualized Net Return on Investment graph. Our approach is to provide a more complete reading of returns and how they compare to benchmarks.
Users can click the small display setting icon in the top right corner to select which of these comparison options they want included in the graph.
Benchmark: Barclay’s Pan-European High-Yield Index
We’ve selected Barclay’s Pan-European High-Yield Index as a benchmark for your Bondora performance. We believe this is a reasonable basis for measuring the success of your portfolio. While risk levels vary due to differing investing styles (conservative, aggressive, etc.), the overall nature of a Bondora portfolio is similar to that of a high yield bond index because you are lending money and earning interest. Barclay’s index is marked on the graph with orange line.
Realised Current Net Return
You’ll notice that on the General Statistics page we’ve seen consistent outperformance of this benchmark as seen by the realized current net return (Xirr). The same data point is available for your own portfolio on your personal statistics page. This data is represented with a blue line. Hover over each dot for a reading of the performance month or quarter.
Portfolio Expected Return
The green line represents the portfolio’s expected return. This calculation is simply the weighted average of the expected return multiplied by the outstanding principal. The value ranges are marked on the graph with light green.
Portfolio Expected Return Based on Original Balance
This darker green line is calculated by taking the weighted average of the expected return multiplied by the purchase price of a note. The value ranges are marked on the graph with darker green.
Last week we rolled out a major update of our General and Personal statistics pages. The update is a refreshing new look at all the most important measurements investors need to make informed decisions. Customers have embraced the new layout and charts which provide wide range current data to quickly understand the value of holdings.
At Bondora we’ve taken the time to arrange the data with graphical representations that make getting the critical info fast. We’ve created large layouts and a tile design that prioritizes data on annualized net returns, bid levels and profitability by loan rating and many more. We have also included new risk management charts including cash flow from recoveries, and cumulative recovery rates.
We have always made transparency the core of our mission. This characteristic sets us apart from the competition. However, transparency means more than just making information available. We want transparency that makes the data useful, meaningful and clear. The new designs and data options achieve this end.
Our new data outlay offers the benefits of broad analytics and granular information in one package. That is, without having to leave the page investors can see general trends or information specific to a particular period. This duality is possible with the hover feature which brings detail to the foreground when selecting segments of a graph.What’s more, many of the charts and graphs are customizable in terms of how you want to see the data.
In the coming weeks, we’ll offer more insights to the data and how best to use it for wise investing choices.
The General Statistics page offers a broad overview of the total activity across the Bondora platform. This is a great place for new and existing users alike to get a holistic view of loan performance, loan statuses and borrowing purposes.
At the bottom of the page you’ll notice a new Secondary Market Statistics chart. This chart providers investors with an up to date analysis of the activity within our Secondary market. The historical information ranges from March of 2013 right up to the current month. The color breakdown of totals separates par value, discount and premium. This segmentation offers insight to the changing composition of the totals.
With this chart, investors will notice that the par value has steadily grown over the years as a proportion of the total. Moreover, the total value has experienced a sharp increase over the last 3+ years. We believe this indicates the robustness of the marketplace lending industry in our regions.
Simply hover over the individual bars to see the specific total in euros of each of the three components. You can also toggle to a simplified view by clicking “By Number.” This option illustrates the trend in the total number of investments across each category. As usual we remain committed to a transparent framework that empowers our investors with a range of current, easy to use analytics.
Next week, we will release changes to improve the usability of our public and private statistics pages. The end result will be a more holistic view of the most critical aspects of investor’s holdings. Let’s take a look at what’s new.
Pie charts are segmented
In both the Public Statistics page and the Private Statistics page you will notice that we have segmented the pie charts which reflect “loan purpose”, “loan status”, “loan rating”, “country”, and “bid size”. Previously this information was viewable only one at a time. That is, each pie chart could only be viewed in isolation from the others. Now, you can see all of this data in one concise view to get a more complete overall picture of your investments.
“Loan status” pie chart is customizable
We have also added a customizable feature to the “loan status” panel. Click on the top left gear icon to adjust the settings. You will be able to view the chart by balance rather than just by schedule. In doing so you can opt to view the total information by status (e.g. current, overdue, 60+ days overdue and repaid). We have added this same feature to the “investment quality per month” data. Users can isolate the portion of loans that are current or overdue. This enables a simpler reading of the loan performance over the long-term. The same feature is available in the Public Statistics page.
Customize the Statistics page layout to your needs
Finally, you can use a new feature to prioritize the size and location of the pie charts in the private statistics page. Just click the tiny arrow in the bottom right corner of each pie chart panel to expand the data. Use the drag and drop feature to rearrange the order of the charts. We’ve also added a setting to add/remove the statistic widgets from or to the view. This can be done from the settings icon on the top right corner of the view.
As always, we look to our users for feedback on changes to the platform. We welcome questions and suggestions on new and improved features to email@example.com.
Since the beginning of this year, we have been sending our investors a new-look daily summary email with concise overview of all the important account related information, performance data and news. The revamped email structure aims to make the account related information more accessible and visible to the investor by bringing it all into one place. This also mimics the same principle used in investor Dashboard.
The primary goal for changing our email and notification logic was simplification and reducing duplication. In order to advance this goal, we will also be removing the Private Inbox feature from the investor user interface. Our statistics has shown that the Private Inbox feature usage among investors has been very low for a while now and with the recent changes it has become redundant in the current form. Private Inbox will be removed from the user interface on February 6, 2017.
To give a better understanding of what the new Daily Summary email entails, let’s take a look at the information covered in the email sections below.
Account status notifications
The topmost section of the email is reserved for status notifications. These status messages are triggered by events or actions related to your account. For investors, these messages are meant as guidelines about what actions are expected from them. Here you will see messages about incomplete ID forms, or an alert that there are no funds to invest etc.
Account Summary for Yesterday
This is a quick outline of all transactions occurring in your account on the previous day. This is the best place to look for recent information.
This is a holistic view of your account providing information on three aspects of your holdings:
- How is your portfolio performing?
- What is the total value of my portfolio?
- How much have you earned to date?
Recent Posts from the Blog
Keep up to date on our latest posts. This section includes links to the five latest posts on Bondora blog.
Latest Blog Post in Full
We provide the complete content from the latest blog post so you can stay informed without having to leave the Daily Summary.
We offer payment details in the email so it would be easier for you to make deposits to your Bondora account from your bank.
We include your automatically generated referral link for easier sharing. The same link is also available on you investor Dashboard under the Refer-A-Friend tab. Remember, the average earned bonus per investor has been €168.
Here we provide an overview of what is happening in the Primary Market. This section summarizes the loan funding activity.
As we’ve broadened our investor base we have seen people from all countries earn more with Bondora. We strive to create an easy interface, strong returns and a transparent framework. In short: we believe in customer outreach and engagement. Therefore, when our statistics started showing an expanding German investor base on the site over the past year, we decided to offer customer support in their language.
Today we’re happy to announce that Bondora now provides German language customer support.
The main support channels are email, phone and live chat in web pages.
You can contact our Support during regular business hours (Monday – Friday 9:00 -17:00).
Email us at firstname.lastname@example.org or contact us by phone at +441568630006 for any issues or questions about Bondora.
If you want to get answers for frequently asked questions or want some background information on Bondora or P2P lending in general, see our Help and Support page which is also available in German.