Bondora’s monthly investments reach record high for 2021
Investments in Bondora rose by 11.9 per cent from €18m (£15.3m) in October to €20.3m in November, a record high for 2021.
The European peer-to-peer lending platform said its Go & Grow product increased its standing by two per cent, now holding a 92 per cent share of total investments.
Go & Grow accounts for €18.7m of the total investment. Last month, Bondora increased its minimum investment limit for the product up to €1,000.
In contrast, the Portfolio Manager account lost two per cent of its share and Portfolio Pro lost one per cent, while the API product remained the same, with a 0.1 per cent share.
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“November marked a new investment high for 2021, the second highest in Bondora history,” the platform said in a blog on its website.
“And with our monthly payment limit increased to €1,000, we expect this surge in investments to continue gradually.
“It’s likely that we’ll soon have a new record, but let’s wait and see what the last month of 2021 will bring.”
Bondora’s originations reached €20.5m last month, a record amount for the year and the second highest total in the platform’s history.