{"id":13433,"date":"2018-05-04T13:40:33","date_gmt":"2018-05-04T10:40:33","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=13433"},"modified":"2018-05-04T13:40:33","modified_gmt":"2018-05-04T10:40:33","slug":"go-grow-major-updates-and-more","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/go-grow-major-updates-and-more\/","title":{"rendered":"Go &amp; Grow, major updates and more \u2013 Catch up with April\u2019s changes here"},"content":{"rendered":"<p align=\"left\">April was a busy month for the Bondora team, with a major system update released and a new investment product launched. Find out more info below.<\/p>\n<h2>1) Go &amp; Grow<\/h2>\n<p align=\"left\">Last month, we gave you a sneak-peek in to <a href=\"https:\/\/www.goandgrow.eu\/en\/goandgrow\">our latest product Go &amp; Grow<\/a> \u2013 Now, we\u2019re happy to give you some more in depth information. In short, Go &amp; Grow is an incredibly simple and automated tool that allows you to earn up to 6.75%* p.a. on your investment and take your cash out at any time. This is for the people who want low risk and \u2018no-hassle\u2019 investing with a predictable net return. Currently, this is still only available via invite-only for existing investors but is estimated to be available to all investors in June.<\/p>\n<p align=\"center\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-13435\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Go-Grow-Bondora.jpg\" alt=\"Go &amp; Grow - Bondora\" width=\"600\" height=\"338\" \/><\/p>\n<h3>What are the benefits?<\/h3>\n<ul>\n<li>Up to 6.75%* yield<\/li>\n<li>Instant liquidity<\/li>\n<li>Low risk &#8211;&nbsp; A diversified portfolio of investments supported by advanced and reliable technology<\/li>\n<li>You only pay tax when you make a withdrawal over your initial capital deposit amount<\/li>\n<\/ul>\n<h3>Additional benefits?<\/h3>\n<ul>\n<li>Transfer your existing Bondora investment portfolio to Go &amp; Grow<\/li>\n<li>You can set up an auto-transfer from your existing portfolio to Go &amp; Grow<\/li>\n<li>A flat \u20ac1 withdrawal fee, no matter the size of the portfolio<\/li>\n<li>Great for beginners<\/li>\n<li>No annual management fees<\/li>\n<li>Share your account with people you trust<\/li>\n<\/ul>\n<h3>How is it different to our other products?<\/h3>\n<p align=\"left\">With&nbsp;<a href=\"https:\/\/www.goandgrow.eu\/en\/portfolio-pro\">Portfolio Pro<\/a>&nbsp;and the&nbsp;<a href=\"https:\/\/www.goandgrow.eu\/en\/portfolio-manager\">Portfolio Manager<\/a>, it is unlikely that you will be able to liquidate your whole Portfolio at short notice.&nbsp;This is because you have to sell these loans on the Secondary Market to other investors who will then take over the loan for the remainder of its duration.<\/p>\n<p align=\"left\">With Go &amp; Grow, we take care of everything \u2013 meaning there\u2019s no need to sell your loans one-by-one, all you need to do is click \u2018withdraw\u2019 and you can liquidate your whole portfolio at any time.<\/p>\n<p align=\"left\">For more information and some Frequently Asked Questions, <a href=\"https:\/\/support.goandgrow.eu\/hc\/en-us\/articles\/360000771565-What-is-Go-Grow-\">click here<\/a>.<\/p>\n<p align=\"left\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-13449\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Bondora-working-on-1.png\" alt=\"Bondora working on\" width=\"600\" height=\"338\" \/><\/p>\n<h2>2) Fractional Ownership<\/h2>\n<p align=\"left\">At the end of April, we rolled out a major update to our system which ensures an equal distribution of a loan repayment to investors. It\u2019s easy to forget that the loan you funded with your investment is likely to be jointly funded alongside the investments of thousands of other investors \u2013 when a borrower makes a repayment to this loan, it\u2019s important that each investor receives an equal amount of that repayment based on their total share of the loan. Even more so, this applies to payments received from our collection and recoveries process too.<\/p>\n<h3>What are the benefits to you?<\/h3>\n<ul>\n<li>The even distribution of debt servicing fees \u2013 Making it easier for you to manage and keep track.<\/li>\n<li>Faster website and services \u2013 More specifically the overall speed of reporting, especially for users with a large number of loans.<\/li>\n<li>More precise calculations \u2013 With results calculated up to 10 decimal points, ensuring fairness for everyone.<\/li>\n<\/ul>\n<h3>Why have we changed this?<\/h3>\n<p align=\"left\">You may notice that from time to time, the debt servicing fees applied to your investments in recoveries may not show an even amount each month. Previously, the distribution was equal but the equality was achieved over multiple payments (by recording how \u2018unfair\u2019 the previous payment was and then correcting it the following time for the customers who received more or less). Now, such fluctuations with payments will be eliminated. Please note that it will take up to a few payments on old loans until the fairness is restored.<\/p>\n<p align=\"left\">For more information, <a href=\"https:\/\/www.goandgrow.eu\/blog\/you-spoke-we-listened-fractional-calculations\/\">click here<\/a>.<\/p>\n<h2>3) And more\u2026<\/h2>\n<p align=\"left\">A few smaller things we have been working on include:<\/p>\n<p align=\"left\">24\/7control \u2013 We mentioned in the previous post that we have been working on automating several processes to give investors more control over their account without having to contact our support team.<\/p>\n<p align=\"left\">Errors in the system \u2013 We are aware that a small number of users are experiencing errors when using the platform, more specifically those using the API. We have been working on reducing the timeouts and will continue to optimize this throughout May.<\/p>\n<p align=\"left\">New languages \u2013 We are currently working on adding new languages to our platform, in total there will be 22 once the project is completed.<\/p>\n<p style=\"text-align: center\">***<\/p>\n<p align=\"left\"><em>*As with any investment, your capital is at risk and the investments are not guaranteed. Before deciding to invest, please review our&nbsp;<a href=\"https:\/\/www.goandgrow.eu\/en\/riskstatement\">risk statement<\/a>&nbsp;or consult with a financial advisor if necessary.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>April was a busy month for the Bondora team, with a major system update released and a new investment product launched. Find out more info below. 1) Go &amp; Grow Last month, we gave you a sneak-peek in to our latest product Go &amp; Grow \u2013 Now, we\u2019re happy to give you some more in [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[117],"tags":[],"class_list":["post-13433","post","type-post","status-publish","format-standard","hentry","category-bondora-news"],"acf":[],"featured_image":null,"categories_names":["News"],"category_name":"News","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/13433","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=13433"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/13433\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=13433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=13433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=13433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}