European investment platform Bondora noted recently that the year 2024 ended with growth.
According to a blog post by Bondora, December marked another month of sustainable increases, with loans issued by Bondora AS, part of the Bondora Group, increasing by “11.2% month-on-month, reaching a total of €27,629,103.”
Bondora pointed out that once again, this rise was bolstered by the Finnish market, which “made up 63.5% of our total originations.”
The total investment into Go & Grow increased by “3.3%, totaling €27,205,330.”
The European investment platform further noted that in December, 1,964 people “created their Bondora investor accounts.”
Bondora added that it was encouraging to see that even during the festive season, people “prioritized long-term investing” and financial planning.
In December, Bondora platform investors reportedly “added €27,205,330 to their Go & Grow accounts.”
Their investor community earned a total of “€2,946,072 in returns in December.” That’s the “highest return amount of 2024.”
As explained in the update from Bondora, verifying your identity is “vital in the authentication process, as it helps them protect your account.”
As clarified in a blog post by Bondora, they “only accept documents issued in the EEA/EU.”
Going on to share other key developments, it was noted that in November, Bondora AS, belonging to Bondora Group, originated “€27,629,103 in loans.”
It’s a steady “11.2% growth rate from November statistics.”
In Finland, loan customers originated “€17,548,414 worth of loans, a solid 20.8% growth rate from November.”
Although the Netherlands’ loan volume decreased by “5% from the previous month, €4,597,424 worth of loans were originated.”
Bondora’s Estonian market decreased slightly with “3.9% to a total of €5,141,089 loans being originated.”
Activity in Latvia continues to cool down, with a total of “€300,888 in originations, translating to a 21.2% decline.”
As stated in the blog post from Bondora, Finland remains the “market with the largest share of loan originations, this month totaling 63.5%.”
Estonia remains the 2nd largest market with “18.6% of all originations.”
The Netherlands remains in 3rd with “a 16.8% share.”
Latvia stays in 4th place with “a share of 1.1%”
