![\"New](\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/image-1146.png\")
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In September, 2,021 new investors<\/strong> joined Bondora\u2014the highest number of new joiners since May<\/a>! Our total investment has increased to over \u20ac668M, and investors have earned more than \u20ac82M in returns.<\/p>\n\n\n\n <\/p>\n\n\n\n Regarding loan originations<\/strong>, the overall number might have declined by 12.8% to \u20ac12,562,218, but we had an inspiring month for our loan markets. First, we launched the Netherlands market in September and have already originated over \u20ac 200,000 worth of loans! And, as if that weren\u2019t enough good news, Spain originated over \u20ac1M worth of loans in September, the highest amount since relaunching the Spanish market. This month, Finland had the largest decline (-21.8%) but still garnered the largest amount of originations (\u20ac6,477,798). Estonia had the 2nd<\/sup> largest decline, dropping by 14.9% to \u20ac4,809,113. The average interest rate increased from 22.3% to 22.8%.<\/p>\n\n\n\n After 3 months of consecutive decline, we saw an increase in Secondary Market<\/strong> activity. Transactions increased by 13.9% to \u20ac101,007\u2019s worth transactions. All the categories increased, except the API. It declined by a minuscule 0.1% and accounted for \u20ac29,765\u2019s worth of transactions, the 2nd<\/sup> most significant share. Manual transactions still have the largest share of transactions (65.0%) and increased by 21.8%. Portfolio Manager transactions declined by 12.2% and accounted for \u20ac5,547\u2019s worth of transactions.<\/p>\n\n\n\n It was a strong month for collection and recovery<\/strong> statistics, as the number of loans and the amount of cash recovered increased. The number of recovered loans increased by 2.2% to 83,308. In contrast to last month, total cash recovered increased by 6.5% to \u20ac1,117,708. We are happy to see it continues to exceed \u20ac1 million. In September, the majority of the cash was recovered from Estonia (47.6% share). Finland follows with a 45.8% total share, and Spain with 6.6%. The current 2014-2022 recovery rate remains solid at 49.8%, increasing by 0.2%.<\/p>\n\n\n\n September marks the 2nd<\/sup> month of consecutive declines in investment products\u2019<\/strong> funding<\/strong> statistics. Overall, there was an investment decline of 14.8%. Investors added \u20ac12,252,773 to their Bondora accounts. Once again, Go & Grow\u2019s figures had the most significant effect, as it is the most used investment product, making up 96.9% of all investments. It received \u20ac11,876,545 in investments, despite dropping by 14.8% from August. Portfolio Manager received \u20ac219,578 and Portfolio Pro \u20ac155,355.<\/p>\n\n\n\n Go & Grow – 14.8%<\/strong><\/p>\n\n\n\n Portfolio Manager – 1.8%<\/strong><\/p>\n\n\n\n Portfolio Pro – 1.3%<\/strong><\/p>\n\n\n\n API – 20.1%<\/strong><\/p>\n\n\n\n Although there were some declines in originations and investments, we saw positive increases in Secondary Market activity, and recovery statistics, with over \u20ac1M recovered in September alone. We launched the Netherlands loan market and already originated over \u20ac200,000 in less than a month. Spain also celebrated its first month of over \u20ac1M originated since its relaunch, which excites us even more for the future.<\/p>\n\n\n\n If you enjoy these breakdowns, <\/em>follow our blog<\/em><\/a> for in-depth analyses of the Bondora market or visit our <\/em>general statistics page<\/em><\/a> for daily updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" September was an exciting month for us. We launched a new market, and Spanish originations exceeded \u20ac1M for the first time since March 2020. Originations and investments declined somewhat, but Secondary Market activity increased, and collection & recovery figures remained strong, exceeding \u20ac1 million. Read more: In September, 2,021 new investors joined Bondora\u2014the highest number […]<\/p>\n","protected":false},"author":11,"featured_media":101244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[117],"tags":[102,103],"class_list":["post-101243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bondora-news","tag-bondora","tag-english"],"acf":[],"featured_image":null,"categories_names":["News"],"category_name":"News","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/101243","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=101243"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/101243\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=101243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=101243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=101243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/EN-9.png\")
<\/figure><\/div>\n\n\n\nInvestment product funding figures:<\/h3>\n\n\n\n
In summary:<\/strong><\/h2>\n\n\n\n