Bondora’s monthly investments rise to new record
Bondora has seen its investment funding grow to a new record this year of €15.5m (£13.1m) in April.
The European peer-to-peer lending platform’s investment funding rose by 7.3 per cent from March’s €14.5m.
The majority of the investment came from its Go & Grow accounts, which attracted €14.5m, followed by Portfolio Manager (€600,990), Portfolio Pro (€467,833) and the API with €8,669.
All the investment products grew between March and April, with the highest growth rate coming from Go & Grow with 7.5 per cent.
All the products increased their growth rates from March, with the exception of Portfolio Pro, which dropped from a five per cent to 3.6 per cent. The API saw the most impressive growth, rising from ‑8.7 per cent to a positive growth rate of 0.1 per cent.
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“After ending the first quarter with record highs for 2022, we’re thrilled that second quarter grows on that same momentum,” Bondora said in a blog on its website.
“Most of the statistics remained consistent with historical figures, with slight changes here and there. This continued growth and stability excite us for the rest of 2022.”
Bondora also achieved a 7.2 per cent increase in origination volumes to nearly €15.7m in April, the highest monthly figure in 2022 so far.