Bondora outlines its support for Ukraine
Bondora’s founder and chief executive Pärtel Tomberg has outlined the support his peer-to-peer lending platform is providing Ukraine and its people.
Tomberg said Bondora is donating to humanitarian support and is helping employees’ families relocate. However he added that the crisis does not impact the platform’s business, as its active loan markets are in Estonia, Finland and Spain.
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He said the platform has donated to Mondo, a non-government organisation that is providing humanitarian relief in Ukraine to those who need it most, and is also exploring more ways on how it can help the nation’s people.
Tomberg said the platform is also providing support to any employees whose families are affected, including helping them relocate.
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“The news of the Russian invasion of Ukraine has sent shock waves around the world,” Tomberg said in a blog on Bondora’s website.
“Our thoughts go out to everyone who is affected, and we’re committed to helping however we can. We must all do our part to support Ukraine and its people. We’re encouraging all our customers, who are able, to do whatever they can to help those who need it…
“We will continue to monitor the situation closely and take action to protect our customers. Bondora is complying with all the regulations, as well as any new sanctions if they should become relevant to us.
“We want to reassure you that we are operating as usual, and none of our business activities or plans are affected. Bondora was established during the 2008 global financial crisis, and profitable since 2017—we’re built to withstand hardships and to serve you, no matter the global situation.”