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August 2023: Over €15M for Investment Funding and Originations

The growth that kickstarted in July has continued into August, with increases across the board. Loan originations, as well as investment product funding, totaled over €15M each in August. Cash recoveries and collection efforts also increased to over €1M. Here are more stats from August: 1,404 new investors joined Bondora in August. In the same…
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Bondora Named a Top 200 Global Fintech by CNBC

CNBC, a world leader in business news, has announced its top 200 fintech companies worldwide. And this year, Bondora features on this prestigious list. We’re thrilled and honored to be listed among fintech legends like Revolut, PayPal, Klarna, and more. Working with Statista, a respected market research and data analytics company, CNBC shared the list…
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Lifestyle Creep: How to Avoid Falling Prey to It

In today’s fast-paced world, it’s not uncommon to see people constantly upgrading their lifestyles as their incomes increase. This phenomenon is known as ‘lifestyle creep’ or ‘lifestyle inflation.’ While it may seem like a natural progression to indulge in finer things as you gain more money, succumbing to lifestyle creep can have serious financial consequences…
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Investments Rose to €14M in July

July kickstarted what could be the rebound after a slow summer for investments and loan originations. Both originations and investments totaled over €14M each in July. The API technical error has been fixed, and cash recoveries and collection efforts also increased. Here are more statistics from July: 1,273 new investors joined Bondora in July. In…
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Bondora Highlights from Q2 2023

We’re more than halfway through the year! Like with any goal, it’s essential to celebrate achievements along the way to stay motivated on the path to success. A lot has happened already, and there’s much to be proud of. Here are 6 highlights from Q2 2023; check them out:  Go & Grow reopened to all…
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6 Ways to Enjoy Your Holiday & Manage Your Financial Wellbeing

You must be counting down to your next annual leave this summer. And guess what? You deserve it! It's your chance to prioritize yourself, reflect on things, and set work aside to have a blast. But hold on a second – while holidays are thrilling, they can also drain your bank account if not planned…
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Bondora Committed to Improving Credit Industry for Customers

‘So far, we have issued credit agreements in accordance with the law and previous guidelines. We don’t foresee significant changes in lending conditions. I can reassure investors that credit hasn’t been issued in any loose or casual way.’ – Pärtel Tomberg, CEO and Founder of Bondora. Background During the last few months, the Estonian Financial…
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Slow Summer Statistics for Loans and Investments

As has been typical in Bondora’s history, summertime tends to bring about loan originations and investment declines. June 2023 continues this trend from the past, with originations and investments each dipping to the €13M margin. One stat that picked up was the number of new investors joining Bondora, which we’re thrilled about. Here are more…
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Yes, You Can! Seven Visualization Techniques to Manifest Financial Success

Visualizing your financial goals is a powerful technique that can help you develop positive saving habits and manifest your path to financial success. In this article, we’ll explore different visualization techniques and tools to help you visualize and grow your savings and investments. Visualization is a straightforward practice that involves setting a clear goal and…
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Stellar Performance in The Netherlands, Sky-high Recoveries, and More

Despite small decreases, there was still a large number of investments and loans originated in May. Both were in the €19 million ballpark, which is still some of the highest monthly amounts we've seen recently. Collections and recoveries also jumped sky-high, with over €1.7 million in cash payments recovered. Here are more stats from May:…
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