Bondora loan originations dropped slightly in February
European peer-to-peer lending platform Bondora saw a 1.1 per cent decline in loan originations between January and February.
€14.13m (£11.92m) worth of loans were originated in February, while investors added a total of €13.9m to their Bondora accounts.
The platform’s Go & Grow product remained the most popular, holding 92.9 per cent of all investments.
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In a blog post to investors, Bondora noted that Estonian and Spanish loan originations were on the rise. Across the month of February, Estonian and Spanish originations increased by 30.5 per cent and 90.7 per cent respectively.
Meanwhile, Finnish loan originations – which still make up the largest overall share of originations – fell by 15.6 per cent last month.
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“February’s origination and investments continue us on the road of growth for 2022,” said Bondora in a blog on the company’s website.
“Estonian and Spanish origination growth is particularly exciting. With just over €14M being originated and nearly the same amount invested, we are confident in the performance of the Bondora portfolio.”
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