Bondora’s chief govt has revealed that the European peer-to-peer lending platform is seeking to increase into new markets and merchandise.
In a 2023 Q&A video with founder and chief govt Pärtel Tomberg, he states that the corporate is actively engaged on scaling and increasing Bondora’s mortgage providers.
Final 12 months the corporate launched within the Netherlands, and now has its “sights set on Latvia, Lithuania, Denmark and Slovenia.”
Learn extra: Bondora stories over €750m invested because it marks fifteenth birthday
Tomberg additionally defined that the corporate is testing out new merchandise for debtors with a brand new service being trialled in Estonia, in addition to increasing into new mortgage markets that may permit extra individuals in Europe to develop their cash.
A bank card is also within the works, however extra suggestions is required from prospects and Bondora is “analysing the most effective worth proposition” it may provide, he stated.
In March of this 12 months, Bondora celebrated 15 years within the trade, throughout which era it has seen over €763m (£671) invested into the platform and earned €93m for over 200,000 traders.
Learn extra: Bondora reopens Netherlands market
Fashioned in 2008 within the Estonian capital, Tallinn, the corporate was initially often known as Sõbralaen and was renamed Isepankur earlier than altering to Bondora in 2014.
The corporate now has 170 employees, and operates in primarily in Estonia and Finland, in addition to Spain and the Netherlands.
Learn extra: Bondora raises Go & Develop restrict