Bondora raises Go & Grow limit to €1,000
Bondora has increased the monthly investment limit on its classic Go & Grow auto-invest product from €700 (£598) to €1,000.
The European peer-to-peer lending platform said the change, which came into effect on 23 January, was in response to investor demand.
Investors can now earn up to 6.75 per cent per annum by investing up to €1,000 into Bondora’s Go & Grow account each month.
Any exceeding amount that is invested will earn up to four per cent interest per annum.
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“In 2023, there was a surge in our Go & Grow family, with an impressive 27 per cent increase in the number of investors!” Bondora said.
“More and more people are choosing seamless investing to maximize their returns.
“Bondora Group, as a company, also continued to grow, with nearly 200 employees, expansion into new markets, and almost €1bn invested on our platform since 2008. And most importantly, investors have earned over €100m in returns!”
Bondora said that investors’ Go & Grow accounts will auto-optimise according to the new limit on 1 February.
This followed Bondora’s decision in August 2022 to temporarily restrict the product to existing investors only, to “keep our platform stable for you, our investors”. It reopened the product to all investors in June 2023.