Bondora is a leading platform for investing in European personal loans. Since 2009 we have processed over 400 million euros of loan applications from prime and near-prime borrowers. More than 9,000 investors from 37 countries have funded 35 million euros in loans and received over 4 million euros in interest payments. We have attracted many types of investors, from individuals investing a few thousand euro to sophisticated investors investing hundreds of thousands of euros.
Our loans are funded directly by investors. This allows us to cut down on processing costs and avoid the complexity of traditional banking, while our investors can keep the interest income. For our carefully assessed borrowers it means receiving loans at terms more attractive than offered by traditional banks, credit cards or short-term credit providers.
We don’t have hidden fees or charges. Borrowers are charged a small and transparent fee when their application is funded, followed by a fixed monthly account fee, which is added on top of the interest paid to investors. There are no fees for investing into new loans, although there is a small fee for trading already issued loans with other investors on the platform.
Bondora (isePankur AS) is authorized and regulated by the Financial Conduct Authority (FCA) with the registration number 665420.