July<\/a>. There was a drop in all product categories, as can be seen below:<\/p>\n\n\n\nGo & Grow \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0– 6.2%<\/strong><\/p>\n\n\n\nPortfolio Manager – 5.7%<\/strong><\/p>\n\n\n\nPortfolio Pro \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 – 6.6%<\/strong><\/p>\n\n\n\nAPI \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0– 15.4%<\/strong><\/p>\n\n\n\nInvestment by product \u2013 August 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<\/p>\n\n\n\n
Go & Grow has the largest share of overall funding, making up 96.9% of all investments, \u20ac13,937,200. Portfolio Manager remains the 2nd\u00a0most popular product with \u20ac258,847, Portfolio Pro follows with \u20ac184,688, and the API trails with \u20ac1,621.<\/p>\n\n\n\n
Investment by product \u2013 August 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<\/p>\n\n\n\n
Loan originations<\/h2>\n\n\n\n After rebounding in July, loan originations also declined in August, dropping by a modest 6.1% to \u20ac14,405,558. This decrease was mirrored across all three countries. The average interest rate increased from 21.6% to 22.3%\u2014reverting to the same percentage as in June.<\/p>\n\n\n\n
Country breakdown<\/h2>\n\n\n\n In July, Spain had the most noticeable growth, but in August, it also had the most significant decrease, dropping by 25.5% to \u20ac 471,777’s worth of originated loans. It is the market that is most prone to significant changes.<\/p>\n\n\n\n
The 2nd<\/sup> largest decline came from Finland, dropping by 7.0%. Finland also still has the majority of originations, 57.5%, which equals \u20ac 8,285,382’s worth of loans.<\/p>\n\n\n\nEstonia declined by just 2.5%, accounting for a 39.2% share totaling \u20ac 5,648,399’s loans.<\/p>\n\n\n\n
The average Spanish interest rate remained the same. But Estonia’s average interest rate jumped from 23.9% to 26.2%. In Finland, it decreased from 20.0% to 19.6%.<\/p>\n\n\n\n
Origination by country \u2013 August 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<\/p>\n\n\n\n
Once again, C-rated loans are the most populated risk-rating category in all our markets. Estonia’s C-rated share greatly increased from 14.9% to 24.9%. It also increased impressively in Finland\u201443.2% to 51.7%. Because we only originate C-rated loans in Spain, this rating category is identical to the Spanish market’s performance. It makes up a total of 3.3% of the entire loan portfolio.<\/p>\n\n\n\n
It seems that in Finland, the growth of C-rated loans meant the decline of D-rated loans, dropping significantly from 12.0% to 3.1%. In Estonia, the 2nd<\/sup> biggest change was in the B-rated category, dropping from 11.7% to 2.5%.<\/p>\n\n\n\nOrigination by rating\/country\u2013 August 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<\/p>\n\n\n\n
Investments and originations drop mid Q3<\/h2>\n\n\n\n Q3 got off to a good start, but in the 2nd<\/sup> month, origination and investment figures started to decline moderately, albeit still totaling over \u20ac14M, respectively. We will see if it picks up again in September.<\/p>\n\n\n\nWant to see more detailed information? Head to our <\/em>public statistics<\/em><\/a> page for the most up-to-date stats!<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"After increasing in July by 18.7%, investment and loan origination figures decreased last month. Investments totaled \u20ac14,382,356\u00a0 and originations \u20ac14,405,558 in August. That’s a moderate decline of 6.2% and 6.1%, respectively. Read more: Investment by product Investors added \u20ac14,382,356 to their Bondora accounts. This equates to a mild drop of 6.2% in investments from the […]<\/p>\n","protected":false},"author":11,"featured_media":100594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[103,106],"class_list":["post-100593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats-and-data","tag-english","tag-marketpricing"],"acf":[],"featured_image":null,"categories_names":["Stats & Data"],"category_name":"Stats & Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/100593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=100593"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/100593\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=100593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=100593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=100593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"Mid-quarter](\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/image-1130.png\")
![\"Investment](\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Investment-by-product-table_August.png\")
![\"Investment](\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Investment-by-product-chart_August.png\")
![\"Origination](\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Loan-Originations-by-Country_August.png\")
![\"Origination](\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Share-by-rating-country-and-amount_August.png\")