Bondora Group has reported a 59 per cent year-on-year enhance in income to €3.4m (£2.9m) in its 2023 monetary outcomes.
The European peer-to-peer lending market additionally posted income of €44.4m, up 21 per cent in contrast with 2022.
Learn extra: Bondora originates document €32.8m
Through the interval, the platform elevated the common variety of its staff to 166 from 138 in 2022. It additionally reported a return of fairness of 17 per cent, up from 13 per cent year-on-year.
In 2023, Bondora issued €202.5m price of loans, together with €139m in Finland and €40.2m in Estonia. It made €7m from mortgage origination charges and €23.1m from mortgage administration charges, whereas income from the sale of extra merchandise totalled €13.3m.
The group mentioned 2023 additionally marked the sixth 12 months that its Go & Develop traders had a return of as much as 6.75 per cent every year on their funding.
Working in direction of its objective of getting a million lively prospects, Bondora expanded within the Netherlands and entered Latvia in 2023, growing its workforce by 28 individuals.
The group ended the 12 months with money and cash-equivalents of €11.5m, saying that this offers it ample liquidity to hold out its growth plans, which embrace getting into new markets.
Learn extra: Bondora celebrates €1bn milestone
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