juni 9, 2020,

Loan originations on the rise: May 2020

Bondora Go & Grow

Editorial team

Table of contents

After taking a dip in April, originations picked up again in May. As discussed over the last two months, Bondora made the conscious decision to focus on Estonian loan originations in an effort to keep the platform sustainable throughout the COVID-19 pandemic. This also means no new originations were made via Go & Grow in May, and will not be made until partial payouts are no longer active. But, this opens up the opportunity for our other products, Portfolio Manager, Portfolio Pro, and API, to take a bigger total share. Read on to see a detailed breakdown of the share of funding on the Bondora platform for May 2020.

Funding for May, excluding Go & Grow, totaled €2,221,201, which is up by 8.2% compared to April. All 3 product categories grew in funding on the month. Interestingly, API saw the biggest increase, rising by a whopping 37.1% to €162,392.

Portfolio Manager’s share continues to climb, from 40% in April to 43% of the total in May. Portfolio Pro’s share on the other hand decreased slightly from 54% to 50% of the total. API’s share continues its upward growth from the last few months, increasing to 7% of the total. These products are typically favored by our more active investors who like to be hands on and have more control over the specific investments in their portfolio.

Stay on track with Go & Grow

Even though our other products are gaining traction with investors, Go & Grow remains the easiest way to invest and reach your potential. When you open your Go & Grow account, you are prompted to select an investing goal. These goals range from Child’s future and Big purchase, to Rainy day, Travel, and more. Choosing a specific investment goal and seeing it every time you open your dashboard helps you to stick to your investment plan.

But what if you’ve reached your goal or you want to change it and set a new goal? You can easily edit it from your Go & Grow page.

Go to your Go & Grow dashboard
Click the settings icon in the upper right corner
Select Edit Purpose and Goal
Complete the details, and then you’re done!

Stay on track with your goals and reach your potential with Go & Grow.

Steady sustainability

Despite changes in the share of investments by product, Bondora remains sustainable. We continue to deliver on the net return of up to 6.75%* p.a. for Go & Grow investors, and have a positive outlook for the coming months.

Learn more about the different Bondora investment options here.

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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What are temporary partial payouts?
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.