Bondora Group has shared their latest platform stats for the month of September 2024.
Since 9 September, 2024, Bondora notes in a blog post that you can earn as much as 6.75% p.a. on your entire Go & Grow portfolio, along with any extra amount you invest over the monthly limit.
And European investing platform Bondora investors have made use of this return on their investments, as they added nearly €30M to their Go & Grow accounts in September.
In September of this year, 2,047 more people created investor accounts with them. Bondora added that they are pleased that more people are joining them to break the limits and reach their financial goals.
As stated in the update, in September of 2024, Bondora platform investors notably added €29,544,644 to their Go & Grow accounts.
Bondora also mentioned that they’re pleased to see so many of you working towards reaching your “long-term financial goals.” Their investor community has reportedly earned “a total of €2,539,822” in returns in September 2024.
That’s the “beauty of compound interest” hard at work.
Bondora explained in their most recent update that if you have moved to another nations within the EU/EEA, you can simply update and “verify your new phone number from the Settings page on your Dashboard.”
At this time, Bondora Group clarified that they do not offer their investing services outside of the EU/EEA areas.
And if you have relocated their of the EU/EEA, you unfortunately “cannot invest with them anymore.”
In September of this year, Bondora Group said it has originated €23,884,403 in loans. While it is actually “13.3% lower than last month, it is still one of the highest amounts for the year so far.”
In Finland, loan customers have reportedly “originated €13,780,977” worth of loans, an 11.2% decrease from August 2024.
In the Netherlands, Bondora has reported €5,225,688 worth of loans were originated. This is a 23.8% decrease from August of 2024.
Meanwhile, in Estonia, Bondora reported that there were €4,587,542 in loan originations—which represents “a 5.5% decrease from August.”
Similarly, Bondora noted in its latest update that Latvian originations also dropped slightly, decreasing “less than 5%” to €290,196 in the month of September 2024.
As stated in a blog post by Bondora, Finland continues to “hold the title” as the market with the biggest share of loan originations, a sizeable 57.7%.
In spite of the major decline this recent month, Bondora confirmed that the Netherlands remains the “second-largest” credit market, with a substantial 21.8% of all originations made via the European platform.
Notably, Bondora revealed that Estonia has a substantial 19.2% share, which is representing an increase of 7.9% from the month of August – which is said to be its largest share to date.
Bondora also pointed out that the nation of Latvia continues to be in fourth place with a moderate 1.2% share of originations via the European investment platform.