{"id":114354,"date":"2023-03-06T15:15:00","date_gmt":"2023-03-06T13:15:00","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=114354"},"modified":"2023-03-06T15:15:00","modified_gmt":"2023-03-06T13:15:00","slug":"new-high-for-2023-over-e20-million-invested","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/new-high-for-2023-over-e20-million-invested\/","title":{"rendered":"New High for 2023: Over \u20ac20 Million Invested"},"content":{"rendered":"\n

February continued the momentum that 2023 started<\/a> with. Loan originations increased by a solid 12.2%, totaling \u20ac19,228,733. This is the highest origination figure we\u2019ve seen since 2019! And investments topped the charts too, with a 2023 high of \u20ac20,660,543 invested on Bondora last month. Dig in for more of the standout stats from February:<\/p>\n\n\n

\n
\"New
New investment high for 2023: Over \u20ac20 Million Invested<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

1,071 new investors<\/strong> joined Bondora. In the same month, investors earned over \u20ac17M in returns, and their total investment amount increased to \u20ac749M!<\/p>\n\n\n

\n
\"1,071
1,071 new investors joined Bondora.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

Loan Originations<\/h2>\n\n\n\n

Continuing on the path of growth, loan originations skyrocketed by 12.2% in February. This totals \u20ac19,228,733 across all markets. This is the highest origination amount we\u2019ve seen in years. Once again, most originations came from Finland, with \u20ac13,912,625. This is thanks to its mammoth increase of 22.4%<\/p>\n\n\n\n

The Estonian market also follows January\u2019s trends, declining by 7.9% to \u20ac4,197,694. Contrary to January, Spain decreased its total loan originations by 20.8% to \u20ac922,878. And the Netherlands market continues to grow, with \u20ac195,536 originated.<\/p>\n\n\n\n

Finnish loans continue to have the overwhelming majority, with a 72.4% share. Estonia follows with 21.%, Spain with 4.8%, and the Dutch market with 0.7%.<\/p>\n\n\n\n

The average interest rate remained almost the same, declining by just 0.3% to 19.5%.<\/p>\n\n\n\n

Secondary Market<\/h2>\n\n\n\n

In contrast to January, activity on the Secondary Market decreased. It went down by 19.5% to \u20ac129,666 worth of transactions.<\/p>\n\n\n\n

All the categories decreased except Portfolio Manager, which grew by 8.0% to \u20ac5,025. The API declined by 21,3.3%, and Manual transactions by 8.5%. Despite the decrease, Manual transactions still have the most significant share (60.9%), reaching \u20ac78,956 worth of transactions.<\/p>\n\n\n\n

Collection and Recovery<\/h2>\n\n\n\n

Overall cash recovery figures performed slightly below the figures of January. A total of \u20ac929,268 was recovered to a total of 82,639 loans. This is a 6.2% and 3.4% decline, respectively.<\/p>\n\n\n\n

As we\u2019ve seen in the past, most cash and loans were recovered from Estonia, with \u20ac463,920 cash and 38,074 loans recovered. In Finland, cash recoveries rose again. This month by 6.3% to \u20ac415,190. Contrasting January\u2019s decline, Spain\u2019s cash recovery figures increased by 13.4%, totaling \u20ac50,128. No recoveries are made in the Netherlands, as it\u2019s a brand-new market.<\/p>\n\n\n\n

The 2014-2023 recovery rate declined slightly from 60.8% in January to 57% in February. 2023\u2019s recovery rate currently sits at 108.4%. As the year progresses, the recovery rate will likely decline and stabilize.<\/p>\n\n\n\n

Investment product funding <\/h2>\n\n\n\n

Overall, we saw a huge uptick in investments, 20.9%. This totaled \u20ac20,660,543 in investments. For the first month in what seems like ages, we see a variance in the shares of the different investment products. Go & Grow\u2019s share decreased to 90.3% and Portfolio Pro increased its share to 8.2%. <\/p>\n\n\n\n

This change, and the mammoth increase, are mostly due to the changes we\u2019ve made<\/a> to Portfolio Manager and Portfolio Pro investments. Investors migrated their portfolios to Go & Grow, which majorly affected this month\u2019s figures.<\/p>\n\n\n

\n
\"Investment
Investment shares across Bondora products in February 2023.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

Go & Grow received 18,652,183. Portfolio Pro received an unprecedented \u20ac1,694,883. Portfolio Manager followed with \u20ac302,822, and the API with \u20ac10,655. All products, except Portfolio Manager, increased their investment totals.<\/p>\n\n\n\n

Go & Grow                       + 12.6%<\/strong><\/p>\n\n\n\n

Portfolio Manager           – 3.3%<\/strong><\/p>\n\n\n\n

Portfolio Pro                    + 700.5%<\/strong><\/p>\n\n\n\n

API                                     + 463.5%<\/strong><\/p>\n\n\n\n

Want to know more? <\/em>Follow our blog<\/em><\/a> for more analyses of the Bondora market, or visit our <\/em>general statistics page<\/em><\/a> for daily updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

February continued the momentum that 2023 started with. Loan originations increased by a solid 12.2%, totaling \u20ac19,228,733. This is the highest origination figure we\u2019ve seen since 2019! And investments topped the charts too, with a 2023 high of \u20ac20,660,543 invested on Bondora last month. Dig in for more of the standout stats from February: 1,071 […]<\/p>\n","protected":false},"author":11,"featured_media":114355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[103,106],"class_list":["post-114354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats-and-data","tag-english","tag-marketpricing"],"acf":[],"featured_image":{"url":"https:\/\/goandgrow.eu\/wp-content\/uploads\/sites\/4\/2023\/03\/image-1307.png","width":685,"height":386},"categories_names":["Stats & Data"],"category_name":"Stats & Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/114354","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=114354"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/114354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media\/114355"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=114354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=114354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=114354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}