European P2P Lender Bondora Reveals that 52,000 New Buyers Joined Platform, Data third 12 months of Profitability

Peer to see lending platform Bondora has shared its high highlights for this yr. The P2P lender notes that 2020 has turned out “fairly otherwise than many people anticipated.” Whereas all of us confronted many alternative challenges as a result of COVID-19, Bondora says it has had many optimistic moments in 2020.

Bondora confirmed that they’ve established a model new workplace. Along with revamping their current enterprise workplace, the P2P platform has launched a self-service help web site in 6 completely different languages. The brand new help web site goals to supply prospects an informational useful resource that may assist them discover solutions to their questions in “a flash.”

Whereas sharing different optimistic information, the Bondora staff revealed that they gained a gold Household Pleasant Employer award. As confirmed by the P2P lending platform, the purpose award is the very best honor the Ministry of Social Affairs offers out. The award is just given after a two-year analysis program, Bondora famous.

This yr, the P2P lender additionally took half within the Make investments & Drive competitors – which was their largest marketing campaign for the yr, and so they declare it was a “huge success.”

As famous by the lending platform:

“Over 52,000 … buyers joined Bondora – We’re thrilled that an increasing number of folks wish to develop their cash on-line with Bondora. And seeing that quantity persevering with to climb makes us wish to increase the bar even larger.”

Occurring to share extra updates, the Bondora staff confirmed that they’ve launched Pockets – which they declare was “a extremely requested function from buyers, and this yr, we launched it to make investing even simpler.” (Notice: to be taught extra, examine right here.)

The corporate’s CEO, Pärtel Tomberg, engaged in dwell discussions all through this yr and “maintained Bondora’s transparency, [and] offered readability in instances of confusion.”

Bondora revealed that it has recorded its third yr of profitability.

The lender famous:

“Our income elevated by 96% to €20.3M in 2019, rising our internet revenue by 2,184% to €2.3M. We’re tremendous pleased with these outcomes and anticipate 2020 to be comparable….After rising our restoration and collections of unpaid loans for ten months in a row, we broke our earlier data, twice! We’re actually pleased with our staff for reaching such a purpose.”

As lined just lately,  Bondora reported that returns have been larger throughout the board in November when in comparison with October 2020. Bondora has additionally re-introduced mortgage originations in Finland after suspending them earlier following the COVID-19 outbreak.

As beforehand reported, Bondora claims that over 145,000 people have invested greater than €395M and earned €50M by way of its platform.