This week we introduced a new feature which allows you to remove your investments from sales when a borrower makes a payment.
One of our investors, Sebastian, reached out to us and told that sometimes the data on loan repayments is not available enough for investors to optimize their portfolios. He wanted a way to remove loans from the Secondary Market at the moment borrowers make any repayments. This option would allow him to not miss out any opportunities when the investments he on sale start reproducing payments.
A new way to auto-manage your portfolio
We thought this feature would be simple yet great improvement for portfolio optimization, so now we’ve now added this into our product. You can use this feature any time you put your investments to sale on Secondary Market.
On the Investments page, add investments to sales cart and press the sell button on the top. You will be prompted with a popup where you can see a checkbox called “Cancel item if payment received”. This allows for the auto-cancellation of loans for sale on the Secondary Market if they begin to receive cash flow again.
Why is this useful?
Once you activate the feature, you can be confident that you’re selling loans on the assumption of up-to-date payment information. If any payment is made, the loan will automatically be re-evaluated and cancelled from the Secondary Market sales.
What feature are you missing? Leave us a comment below.
Last week we added a new payment method for our investors – Trustly Online Payment. Trustly is a payment method that makes it easy to deposit to Bondora directly from your bank account. It currently supports over 3,300 banks in 29 European countries.
Is it safe to use Trustly?
Yes! Trustly is a licensed payment institution authorized and supervised by the Swedish Financial Supervisory Authority. It uses the highest encryption standard available and never stores any information that can be used to access your bank account.
How to make a deposit to Bondora with Trustly
You don’t need to sign up with Trustly online payment to make deposits and you can complete a secure deposit in 3 easy steps:
- choose your bank and initiate the payment with your regular online bank credentials;
- select the account you wish to pay from;
- confirm the payment with your regular online bank credentials.
Make a deposit with Trustly
We are excited to announce the launch of a new feature called “Portfolio Pro”. This has been developed based on the feedback received from the Bondora investor community over the recent months, so we would like to take this opportunity to say thank you to everyone.
What is Portfolio Pro?
Simply put, it is a tool for people who like to have more control over the level of diversification in their investments. You can now use this Pro feature to create a portfolio according to your own rules. For example, you may choose to select loans from specific countries, with different duration and Bondora risk ratings.
Last week, a small number of investors opted in to trial this new feature and this is what they had to say:
This is exactly what I’ve been waiting for. Tnx!’ – Daan
‘Good feature!’ – Robert
‘Thank you for this initiative. I would definitely use Portfolio Pro for first market investments if the feature remains free of charge and the API is continued’ – Holger’
How much does it cost?
It’s free! Unlike many other platforms, investing with Bondora is free and using the new Portfolio Pro feature is exactly the same. Enjoy!
Make sure to have a look at the new section on our support page for an informative guide and some frequently asked questions.
Don’t forget to subscribe to our blog and check us out on social media, you can be sure you won’t miss out on any future announcements and special updates.
To get started, simply log in, click on the Portfolio Pro link in the menu and get started today!
With thanks from everyone at Bondora!
Just over a two months ago we released our Direct Sell feature, allowing investors to sell loans directly to other investors from their Investments page. Direct selling also means investors can sell an entire portfolio of loans to other investors or even consolidate their own holdings.
Now we’re making direct selling even easier. Were removing all fees for using this feature.
Previously there was a fee associated with all Direct Sell. By removing this cost to investors we’re making it easier than ever to explore the full range of options when investing on Bondora. We believe in empowering investors to earn the best possible return and removing fees is one of the fastest ways to do that.
At Bondora, we’ve always believed in clear and open communication with our users. This is why we offer easy to access, up to date analytics and customization so you always have what you need.
Today we’re taking that approach one step further.
We have released a new notification feature so you have the latest news on changes and updates at Bondora. This will be a fast, but unobtrusive way for us to keep you informed of things like platform updates, upcoming events, news, campaigns, and of course newest investment opportunities.
You can see all the notifications by clicking on the bell icon on the top right once you’ve logged in. The red dot indicates if new notifications have been added.
Use our notifications to get the most of what we have to offer. As our user base grows, we’re able to create greater functionality and broader investment opportunities for users. Also, be sure to share feedback at any time. We’re always looking for ways to improve the platform and put more ownership in the hands of our users.
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.