European peer to peer lender Bondora announced last week that it has developed its very own cash flow page, which is aimed to build a useful analytical tool for all of its users.
The website shared:
“We decided to fill you in on the journey how our investors helped us to develop the new Cash Flow page on-the-go and what we have learned from the whole process. It all began some time ago when our investors started to give us feedback that they were dissatisfied with the functionality and with the product in general. The main issue was that the old Cash Flow didn’t offer enough choice and any further development was lacking due to our legacy technological system. We knew that we wanted to develop a fresh Cash Flow page that really fitted our investors’ needs and becomes a tool that helps them calculate their portfolios productivity and also fits for both, passive and active investors.”
Bondora revealed three reasons why it chooses to just a cash flow page:
- To get a quick general overview of the portfolio from one place
- It has the possibility to build custom forecast settings
- It shows today’s and future payments at-a-glance
The company went on to note that the new cash flow page records the movement of all investments and shows ingoing/outgoing payments per loan basis – all this to help investors measure their portfolio’s performance as a whole.
Bondora went on to add:
“We know that Cash Flow analysis can also seem to be a complex process. That’s why this time we decided to guide you through our Cash Flow basics to explain a few concepts that are useful to understand. Cash flow provides an important source of data for investors and here’s our new video on how to understand the most important features in case you have 5 minutes daily to spend on your portfolio.”
See the video below on how the cash flow process works.