Bondora opens up Go & Grow to all investors
Bondora has opened up its Go & Grow auto-invest product to all investors.
Last August, the European peer-to-peer lending platform temporarily restricted Go & Grow to existing investors only, but now all investors can take advantage of the product which has returns of up to 6.75 per cent per year.
In May, the company also increased the monthly investment limit from €400 (£348) to €700.
Read more: Bondora raises Go & Grow limit
“As you know, we use data and research to help us make decisions that will keep our platform stable for you, our investors,” Bondora said in a blog post on its website.
“And so we’re happy to say that €700 is the magic number for our shared sustainable growth. We understand you want to invest your money securely and with peace of mind. From our side, that means building a secure platform so you can feel confident in growing your money and reaching your financial goals.”
Read more: Bondora reopens Netherlands market
In March of this year, Bondora celebrated 15 years in the industry, during which time it seen over €763m (£671m) invested into the platform and earned €93m for over 200,000 investors.
Formed in 2008 in the Estonian capital, Tallinn, the company was originally known as Sõbralaen and was renamed Isepankur before changing to Bondora in 2014.
The company now has 170 staff, and operates in primarily in Estonia and Finland, as well as Spain and the Netherlands.
Read more: Bondora reports over €750m invested as it marks 15th birthday