Bondora investments increase across the board
Bondora has reported an increase in investments across the board during the month of October, as the platform continues to grow.
€14,861,329 (£12,838,845) was invested in the platform’s accounts last month – a 21.3 per cent increase on September’s investment volumes.
As ever, the platform’s Go & Grow account was the most used product, making up 96.9 per cent of all October investments. Investments in Go & Grow accounts rose by 21.3 per cent last month, to reach €14,404,915.
Meanwhile, investments in the Portfolio Manager account grew by 22.1 per cent month on month, totalling €268,185.
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Portfolio Pro investments rose by 19.9 per cent, to reach €186,207. And investments in the Bondora API rose by a massive 56.1 per cent, with €2,022 invested last month.
Loan originations also rose in October compared to September, as previously reported. As a result of this, Bondora said that it was on track for an “excellent” end to 2022.
“October made impressive gains for originations and investments,” a Bondora representative said. “Especially when considering the declines from September.
“Investment funding increased by 21.3 per cent to over €14m. And loan originations exceeded €15m. This puts us on track for an excellent end-of-year.”
Read more: Bondora reports mid-quarter drop in originations