Bondora raises Go & Develop restrict

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Bondora has elevated the month-to-month funding restrict on its traditional Go & Develop auto-invest product from €400 (£348) to €700.

Final August, the European peer-to-peer lending platform briefly restricted its Go & Develop product that gives as much as 6.75 per cent returns – with a month-to-month funding restrict – to current buyers solely.

New buyers who joined Bondora after 24 August 2022 may as an alternative entry the Go & Develop Limitless tier, the place they might make investments limitless quantities, with returns of 4 per cent.

Learn extra: Bondora investments and originations prime €23m

“As , we use knowledge and analysis to assist us make choices that can hold our platform secure for you, our buyers,” Bondora mentioned in a weblog publish on its web site. “And so we’re joyful to say that €700 is the magic quantity for our shared sustainable development.

“We perceive you wish to make investments your cash securely and with peace of thoughts. From our aspect, meaning constructing a safe platform so you may really feel assured in rising your cash and reaching your monetary targets.”

Learn extra: Bondora presents €1,000 money bonuses to fifteen fortunate buyers

In March this 12 months, Bondora celebrated 15 years in enterprise, throughout which period it seen over €763m (£671m) invested into the platform and earned €93m for 218,039 buyers.

The corporate now has 170 workers, and operates in primarily in Estonia and Finland, in addition to Spain and the Netherlands.

Learn extra: Bondora reopens Netherlands market



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