July 6, 2017,

Monthly origination summary for June 2017

Bondora Go & Grow

Editorial team

June’s originations came in at €2,778,332, outpacing the months of February and May, although the total was below the monthly average for 2017 of €2,845,226. Just over half of this total came from loans rated in the “B,” “C,” and “D” range. However, there was something of a polarizing effect with regard to risk. The second highest portion of the months total originations came from “HR” loans, exhibiting the greatest risk. “C” rated loans took the greatest share at 21.14% of the total.

Loan origination by country

As expected Estonia carries the largest portion of the total at 67.56%. However, this is a definitive drop from last month when the country took in 77.44% of the total. Spain was second with an 18.57% share of June’s originations followed by Finland at 13.88%. Both figures are clear increases over May. This may be the start of an equalizing trend where originations are more evenly distributed across regions.

Share by country – June 2017
Country	Interest	Amount	Share
ESTONIA	20.74%	1876925	67.56%
SPAIN	95.81%	515814	18.57%
FINLAND	50.24%	385593	13.88%

Loan origination by rating

There was little or no consistency among loans by rating. There were only three common ratings among the originations in each country, “D,” “E,” and “F” which, among this group, dominated in Estonia, Finland and Spain respectively. Originations seem to be driven more by what’s available rather than pure investor risk tolerance.

“AA,” and “A” rated loans were the two lowest groups stemming, likely, from lower availability.
Both Spain and Finland saw loan originations also from less risky ratings than usual – “D” and “E” rated loans for Spain, “AA,” “A,” and “B” rated loans from Finland.
Interestingly, “HR” loans in Finland represent the highest portion despite a wide range of options. This metric may signal a more flexible approach to risk by investors.
“AA,” “A,” and “B” loans together represent 25.94% of originations whereas “HR” and “F” loans together hold 26.34% of the total. Again, it seem investor’s drive towards return is more influential than their concern with the risk of a higher default.

Share by country and rating – June 2017
	ESTONIA			SPAIN			FINLAND
Rating	Interest	Amount	Share	Interest	Amount	Share	Interest	Amount	Share
AA	10.20%	77799	2.80%				8.47%	2650	0.10%
A	11.66%	149217	5.37%				11.27%	5840	0.21%
B	14.57%	468695	16.87%				16.60%	16590	0.60%
C	20.13%	545595	19.64%				22.12%	41642	1.50%
D	26.25%	372867	13.42%	29.40%	7872	0.28%	25.12%	41327	1.49%
E	33.09%	219303	7.89%	38.48%	21920	0.79%	35.25%	75155	2.71%
F	35.17%	43449	1.56%	48.79%	67300	2.42%	48.91%	62458	2.25%
HR				107.62%	418722	15.07%	80.89%	139931	5.04%

Bondora Go & Grow

Editorial team

At Go & Grow, our Editorial Team combines years of fintech experience with a passion for financial education. We’re here to share trustworthy insights, platform updates, and easy-to-understand investment tips for everyone.

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Frequently Asked Questions

How is Bondora regulated?
Bondora Capital’s business model is unique, with no direct precedents in the market. As such, there is currently no specific regulatory license that directly applies to our Go & Grow product. However, we work proactively with regulators across the EU to ensure full compliance with all applicable local laws and regulatory frameworks.

To support this, we regularly publish financial updates, audited annual reports, and disclosures, reinforcing our commitment to transparency and investor trust.

At the same time, Bondora Capital is subject to all relevant general regulations, including (but not limited to) the Estonian Consumer Protection Act, the Law of Obligations Act, the Commercial Code, the Accounting Act, the Competition Act, and the General Data Protection Regulation (GDPR).

Additionally, Bondora AS, a member of the Bondora Group, operates as a Licensed Credit Provider under the supervision of the Estonian Financial Supervision and Resolution Authority. In Finland, we operate through a licensed branch regulated by the Finnish Financial Supervisory Authority. We also hold an operating license in Latvia, supervised by Latvijas Banka, and have recently received regulatory approvals to operate in both Denmark and Lithuania.
Are Bondora AS's loans secured?
Bondora issues unsecured loans, meaning credit customers are not required to provide collateral. This approach allows us to offer a faster, simpler, and more accessible lending experience.

Risk is mitigated through multiple layers of protection. Our underwriting process is powered by predictive, data-driven models, trained on deep datasets collected over 17 years. Each borrower is carefully evaluated using a wide range of creditworthiness indicators before any loan is issued.

With Go & Grow, your investment is automatically diversified across hundreds of thousands of loans in multiple countries. This significantly reduces individual borrower risk and adds a layer of protection against regional or geopolitical events.

In the rare event of non-payment, we follow a structured recovery process, working with professional debt collection agencies and, when needed, escalating cases through local legal channels to pursue repayment.
What happens when a borrower doesn't repay?
At Bondora, we do a lot to prevent repayment issues before they happen. Our advanced data models carefully assess each borrower’s creditworthiness, using historical data and predictive analytics to minimize the likelihood of default from the start.

If a payment is delayed, we act quickly but thoughtfully. From the first day of the delay, we reach out to the customer via email, SMS, and automated calls to remind them of their delayed payment and offer flexible options to get back on track. The aim is to find a solution together, whether that means a new payment date or a short-term adjustment.

If the situation doesn’t resolve, we may involve our internal teams or trusted partners to continue the dialogue and explore further options. In some cases, if communication is unsuccessful, the matter may be escalated to the local legal system in line with standard procedures. Legal steps are always a last resort, and the goal is to find the best possible outcome for everyone involved.

Throughout this process, our focus remains on recovering outstanding amounts responsibly and respectfully while protecting investors’ interests.

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Under normal conditions, your Go & Grow withdrawal is paid in full with a single transaction near-instantly. However, in rare and extraordinary circumstances, partial payouts may be activated temporarily. This means your withdrawal will be split into smaller, daily payments until the full amount has been delivered. Only one €1 withdrawal fee applies once you’ve received the full amount.

This protective feature was built into Go & Grow from the start to help maintain stability and safeguard investor returns, so you can stay on track and stay earning, even when the world feels uncertain.

In Bondora’s 17-year history, partial payouts have only been activated once.

While we aim to keep Go & Grow fully liquid, this feature ensures that when conditions require it, your investments remain protected and continue to work for you.
What happens to my investments if Bondora goes bankrupt?
Your money is protected. Even in the highly unlikely event that Bondora Capital becomes insolvent, your investments remain yours. Investors legally own the loan claims, not Bondora Capital.

This means Bondora’s financial situation does not affect the legal ownership of those claims—they continue to belong to the investors. The claims are not part of Bondora’s bankruptcy estate.

Risks related to Bondora as a company are separate from the risks associated with your investment portfolio. Simply put, if Bondora disappears, your investment doesn’t.