In an effort to maintain investors’ net return during the 2nd quarter, Bondora made the decision to stop new originations via Go & Grow. But now that things are returning to pre-crisis levels, Go & Grow is back to normal. Partial payouts have ended and new loans are being added to the Go & Grow portfolio again; so it’s business as usual.
Because of this, we’ll likely see a decline in funding for our other products, but an increase in Go & Grow in the coming months. But before we think about the future, let’s take a closer look at the June share of funding for Bondora.
After showing a brief growth spurt in May, funding saw a downturn again in June. Overall, funding totaled €1,288,503, translating to a 37.2% decrease from last month. Naturally, Go & Grow saw the biggest increase, as it started investing again for the first time since March. Thereafter, Portfolio Manager had €631,795—the largest share of funding for June.
Go & Grow makes a slow return, taking 7.4% of the total share, just ahead of the API’s 5.9% share. It will be interesting to see how it grows in the coming months. Portfolio Pro saw the biggest decrease, dropping from 50.4% to 37.6%. This is most likely due to Portfolio Manager taking over Portfolio Pro’s position as the product with the biggest share in funding. Portfolio Manager takes the lead with a 49% share.
Bondora offers stability and security
During this time of uncertainty, having a stable and secure investment in your portfolio gives investors peace of mind. And with Go & Grow, you get that stability, along with a simple and easy-to-use platform for beginner and seasoned investors alike. Bondora continues to deliver on the net return of up to 6.75%* p.a. for Go & Grow investors, and we have a positive outlook for the coming months.
Learn more about the different Bondora investment options here.
Add money in a flash
With Go & Grow back to normal, it’s the perfect time to boost your investment. And with our new, simplified Add money page, adding money to your account is even easier than before. With just one step, you can send money using secure instant SEPA payments.
Through SEPA, you can make payments to your account 24/7. SEPA payments are superfast, but they can take up to 3 business days to reach your account, depending on your bank. It also uses 2-factor authentication for maximum security, so you know your money is secure.
Nothing beats SEPA payments when it comes to simplicity, security and speed.
Add money to your account now and reach your goals with Go & Grow.
