Czech P2P Bondster signs 15k investors since inception
Peer-to-peer lending platform Bondster has surpassed 15,000 registered investors, who have invested more than €109m (£90.99m) in total.
This is up 30 per cent year-on-year and is nearly a 60 per cent increase since 2020 when the platform had 9,400 users who had invested €44.5m.
In a statement, the Czech company said that the investors on its platform have earned more than €4m in interest.
When it was set up, clients were almost exclusively Czech investors, however in recent years, Bondster has been able to grow its foreign investors base as well.
Currently, a third of investors come from 125 different countries, it said.
Read more: Bondster launches secondary market
The platform brokers investments in loans, which can be secured by real estate, personal property or a buyback guarantee. The loans are offered by 28 providers – up from 20 in the last year.
The group also provides loans secured by Bitcoin, which it said typically has an annual return of 10 per cent to 11 per cent. Overall, the average annual return last year was 13.9 per cent, Bondster said.
Read more: Is crypto-backed P2P lending a flash in the pan?
“I firmly believe that the number of our investors will continue to grow this year as well reflecting that more conservative investment products can no longer beat inflation,” said Bondster’s chief executive Pavel Klema.
“As a result, investors are looking for investments that can beat inflation and offer acceptable risk at the same time.
“I am convinced they will be able to find both on Bondster.”
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