P2p lending at Bondora is quite different from the traditional bank credit models. Here, we make you the bank and we provide you the borrowers to lend to. We connect investors who are looking to invest their money with the borrowers who are seeking loans.
Investors generate profits from the interests paid by the borrowers while the borrowers benefit from the quick access to the loans they need. Also, this concept of p2p lending is relatively new in the finance market and has grown rapidly in the last decade.