As 2024 wraps up, it’s time for one last thing: a recap of the highlights that made this year unforgettable. If Spotify can do it, so can we 😉
This year was one for the books, and it’s all thanks to you, our incredible investors, our credit customers who choose us as their trusted financial partner, and, of course, our dedicated colleagues and partners.
So, are you ready to dive into Bondora’s biggest moments of 2024? Spoiler alert: there’s a lot to be proud of!
Celebrated €1 billion invested with Bondora
B stands for billion! This year, we reached a monumental milestone with over €1 billion in total investments. This marked a significant point in our journey since 2008, and it was made possible by you.
Thank you for your growing confidence in us. Reaching this high with you has furthered our commitment to providing accessible investment opportunities to more people across Europe.
Seven consecutive years of profitability
Every year, we share our externally audited annual report, and our report for 2023 marked our seventh consecutive year of profitability. In 2023, we issued €179 million in loans in Estonia and Finland. We also expanded in the Netherlands and entered the Latvian market. Our loan origination fees were €7 million, loan administration fees totaled €23.1 million, and revenue from additional products reached €133 million.
Our 2024 financial report will only be announced in 2025.
Our expanding investor community
Our investor base has continued to grow & grow. From the end of November 2023 until now, our investor community has grown by 27.6%. Welcome to all the new investors who joined during this time!
🚀 In May, 2,166 new investors signed up, which is the highest monthly number of the year.
Remember, you can earn a cash reward when you successfully refer friends to invest with Bondora. This blog article explains how to do it.
Award season? Nailed it! 🏆 🏆 🏆
Bondora Group’s success and growth in the fintech industry was recognized on multiple prestigious platforms:
- CNBC’s Top 250 Fintech Companies: For the second consecutive year, we were featured on this esteemed list, highlighting our influence and innovation in the fintech sector.
- Top Estonian Tech Companies: We climbed an astonishing 14 places to 8th place on the Top Tech list, reflecting our significant impact on Estonia’s tech landscape.
- Leading European Tech Scaleups (LETS) 2024: Being on this list, especially as one of only 8 Estonian companies, highlights our growth and prominence in the European tech arena.
Record recap: Record-breaking investment in March
🏅March 2024 was a historic month, with €31,559,180 invested. This is the highest monthly investment we have ever had. So, if you invested during March 2024, you were a part of the community that made history. Go team investing!
Welcoming new talent on board
57 new talented individuals joined our team in 2024. We’re now 186-strong, dedicated to delivering simple solutions to you and driving Bondora’s mission forward.
Our people are pure talent. If you’re looking for more adventure in your professional life, why not browse our open positions? We are always looking for passionate professionals to join us in changing the world.
Expansion into Lithuania
Bondora AS, which belongs to Bondora Group, is officially registered as a credit provider in Lithuania. This marks a significant step in our European expansion strategy.
By expanding to new countries, your Go & Grow investment becomes even more diversified. More diversification means better risk mitigation. And as an investor, we know how much you value that.
This development allows us to offer our services to a broader audience, reinforcing our commitment to accessible financial solutions.
Celebrating 16 years of Bondora
This year, Bondora turned 16! As we continue to grow from a small student dorm room idea to an established enterprise, one thing remains constant: our commitment to providing you with simple, accessible, and rewarding investment opportunities. Here’s to many more years of growth together!
Your trusted investing partner
Throughout 2024, your feedback and insights helped us grow and improve. Whether you’re a seasoned investor or just starting your journey, you are a part of our valued community, and we remain committed to building a better experience with you.
But don’t just take our word for it; check out this detailed review from one of our investors to see how we make investing accessible and rewarding.
💚💙Thank YOU 💙💚
None of these accomplishments would have been possible without you, our valued investors. Your trust and support are the cornerstones of our success. Thank you for choosing Bondora as your trusted investing partner this year and beyond.
You’re an integral part of our community, and we cannot wait to make 2025 a success with you.
Want to see more? Check out this recap on Instagram too. (It looks really cool!)
