Author: wiseclerk

Bondora has Submitted Bank License Application

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Estonian P2P Lending Platform Bondora* has submitted an application for a bank license in Estonia (source; paywall). Pärtel Tomberg, Bondora CEO is cited saying ‘This is a significant step and the beginning of a new phase.’. He expects teh FSA to grant the banking license in 2026.

According to earlier media reports Bondora selected Tuum as the supplier of its cloud-native core banking platform. According to a press release ‘Tuum was selected for its modular design, cloud-native architecture, and ability to meet stringent EU regulatory expectations. The decision was also supported by Tuum’s track record with other Eurozone institutions, including LHV and OP Financial Group.’

‘Choosing Tuum means we can focus on customer experience and innovation while building on a modern, scalable foundation’ said Andrus Raudsalu, Chief Strategy Officer at Bondora.

Bondora follows earlier similar moves of p2p lending marketplaces evolving into banks, e.g. Zopa in the UK.

International P2P Lending Volumes April 2025

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The table lists the loan originations of p2p lending marketplaces for last month. Mintos* leads ahead of Esketit* and Bondora*. The total volume for the reported companies in the table adds up to 224 million Euro. I track the development of p2p lending volumes for many markets. Since I already have most of the data on file, I can publish statistics on the monthly loan originations for selected p2p lending platforms.

Investors living in national markets with no or limited selection of local p2p lending services can check this list of international investing on p2p lending services. Investors can also explore how to make use of current p2p lending cashback offers available. UK investors can compare IFISA rates.

international p2p lending statistic april 2025
Table: P2P Lending Volumes in April 2025. Source: own research
Note that volumes have been converted from local currency to Euro for the purpose of comparison. Some figures are estimates/approximations.

Links to the platforms listed in the table: Bondora*,  Crowdproperty*, Debitum Investments*, Esketit*, Estateguru*, Finansowo*, Finbee*, Folk2Folk*, Geldvoorelkaar*, Investly*, Iuvo Group*, Kuflink*, Loanch*, Mintos*, Nectaro*, Proplend*, Robocash*, Swaper*, Ventus Energy*.

Notice to p2p lending services not listed: Continue reading →

Devon Review – New Property Platform with Daily Interest Payout

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New property platform Devon* features investment in high interest mezzanine loans for Latvian properties. Launched by MJL Enterprise Group which claims 30 years of experience on the market, it will be used by the group to finance own property development projects. Previously the group used other platforms, including Estateguru, Profitus or Crowdestate but now has moved the financing inhouse under its own control. The mezzanine loans rank behind senior debt, which explains the high interest rates of up to 15%.

Currently there are 3 properties available on the platform:

devon platform properties

The minimum investment amount is 1000 EUR.

The loan terms end Dec. 2026, Dec. 2027 and Dec. 2025 respectively. While there is no secondary market, Devon features an early exit option where lenders can exit early if another investor is willing to buy the loan investment at par value. For this feature Devon clearly modelled itself on Ventus Energy*.

The interest is credited daily and it can be set either to compound or to payout. With the latter it can be withdrawn once the minimum payout threshold of 10 EUR is reached.

Currently (for investments until May 31st) Devon* offers a generous early bid cashback of 3% which will instantly be invested in the same property. On top of that investor receive 1% cashback on all investments in the first 60 days after signing up via this Devon* link.

The Devon platform has no fees for investors. The unregulated Devon OÜ platform company is registered in Estonia, therefore no withholding taxes are applied on investor interest payouts.

International P2P Lending Volumes March 2025

wiseclerk Leave a comment

The table lists the loan originations of p2p lending marketplaces for last month. Mintos* leads ahead of Esketit* and Bondora*. The total volume for the reported companies in the table adds up to 271 million Euro. I track the development of p2p lending volumes for many markets. Since I already have most of the data on file, I can publish statistics on the monthly loan originations for selected p2p lending platforms.

Investors living in national markets with no or limited selection of local p2p lending services can check this list of international investing on p2p lending services. Investors can also explore how to make use of current p2p lending cashback offers available. UK investors can compare IFISA rates.

international p2p lending volume march 2025
Table: P2P Lending Volumes in March 2025. Source: own research
Note that volumes have been converted from local currency to Euro for the purpose of comparison. Some figures are estimates/approximations.

Links to the platforms listed in the table: Bondora*,  Crowdproperty*, Debitum Investments*, Esketit*, Estateguru*, Finansowo*, Finbee*, Folk2Folk*, Geldvoorelkaar*, Investly*, Iuvo Group*, Kuflink*, Loanch*, Mintos*, Nectaro*, Proplend*, Robocash*, Swaper*, Ventus Energy*.

Notice to p2p lending services not listed: Continue reading →

International P2P Lending Volumes February 2025

wiseclerk Leave a comment

The table lists the loan originations of p2p lending marketplaces for last month. Mintos* leads ahead of Esketit* and Bondora*. The total volume for the reported companies in the table adds up to 268 million Euro. I track the development of p2p lending volumes for many markets. Since I already have most of the data on file, I can publish statistics on the monthly loan originations for selected p2p lending platforms.

Investors living in national markets with no or limited selection of local p2p lending services can check this list of international investing on p2p lending services. Investors can also explore how to make use of current p2p lending cashback offers available. UK investors can compare IFISA rates.

international p2p lending volume statistic february 2025
Table: P2P Lending Volumes in February 2025. Source: own research
Note that volumes have been converted from local currency to Euro for the purpose of comparison. Some figures are estimates/approximations.

Links to the platforms listed in the table: Bondora*,  Crowdproperty*, Debitum Investments*, Esketit*, Estateguru*, Finansowo*, Finbee*, Folk2Folk*, Geldvoorelkaar*, Investly*, Iuvo Group*, Kuflink*, Lendermarket*, Loanch*, Mintos*, Nectaro*, Proplend*, Robocash*, Swaper*, Ventus Energy*.

Notice to p2p lending services not listed: Continue reading →

Bondora Announced New Lower Go&Grow Interest Rate

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Bondora announced today that the interest rate for the Go&Grow offer for investors will be lowered from 6.75% to 6% effective April, 1st.

Since the introduction of the Go&Grow product in 2017 the rate had been stable at 6.75% but in the last years there had been limitations on the maximum new amount that could be invested each month. Those limits were lifted temporarily last year.
It will be interesting to watch how investors react to the rate change after the rate was stable for that long.

At launch Bondora Go&Grow was the only p2p lending marketplace offer with a single one click interest rate to investors where the money was available daily (subject to TOC). Later several other services launched similar offers.

According to P2P-Banking data, Bondora had 274,767 investors as of January 31st, 2024 and was growing by 2,000-3,000 new investors per month. The service is currently offering loans in Estonia, Finland, Spain, Latvia and the Netherlands and in the process of expanding into further markets.