Bondora, a fast growing peer to peer lending platform based in Estonia recently shared some comparison data on how their platform matches up agains some of their peers. Granted this is their perspective but it is interesting none the less.
Bondora, previously known as isePankur, has recognized the limits within their domestic market and pushed quickly forward across Europe and are hoping to have a presence across the entire EU by 2015. Offering investors and borrowers in multiple countries has allowed their platform to quickly expand. According to their own data, Bondora stands today at:
- 120,220 borrowers
- 12,234 loans issued
- Over €27 million in loans
- Average loan size of €2,231
- Average investment €28.8
Pretty small numbers compared to the P2P platforms in the UK but much of this growth has occurred in the past 12 months. They have also been approved by the UK FCA but company representatives have indicated, at least so far, they do not intend on setting up shop in England.
Bondora also states they accept investors from the United States but they must be the accredited types (verified) and go through standard AML check.
Perhaps what will be more interesting will be the same slides and numbers at this time next year.