{"id":149669,"date":"2023-10-30T09:39:23","date_gmt":"2023-10-30T07:39:23","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=149669"},"modified":"2024-04-29T09:40:00","modified_gmt":"2024-04-29T09:40:00","slug":"september-2023-originations-and-investments-fall-slightly","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/september-2023-originations-and-investments-fall-slightly\/","title":{"rendered":"September 2023: Originations and Investments Fall Slightly"},"content":{"rendered":"\n

After continued increases in July and August, we\u2019ve seen slight dips for originations and investments in September. Both these statistics totaled just under \u20ac15M, decreasing 5.1% from the previous month. Cash recoveries, however, did well, totaling almost \u20ac2M in September alone. Here are more stats:<\/p>\n\n\n

\n
\"September
<\/em>September 2023: Originations and investments fall slightly<\/em>.<\/figcaption><\/figure>\n<\/div>\n\n\n

1,039 new investors<\/strong> joined Bondora in September. In the same month, investors earned over \u20ac2M in returns, and the total product investment amount increased to \u20ac869M!<\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

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

Breaking te growing streak from the last two months, September slowed down loan originations by 5.1%. Falling \u20ac15,785,232 in August<\/a> to \u20ac14,177,543 in September.  <\/p>\n\n\n\n

Despite the overall decline, Finland had an increase. The Nordic market\u2019s originations grew by 7.8%. This totaled \u20ac10,061,588 in Finnish loan originations.<\/p>\n\n\n\n

In contrast to many previous months, we saw a welcome increase in originations in Estonia. Loan originations grew by 4.7%, totaling \u20ac2,354,016.<\/p>\n\n\n\n

The Dutch market has settled to a lower origination total after showing vast growth potential in the last few months. \u20ac2,462,152 worth of loans were originated in the Netherlands in September.<\/p>\n\n\n\n

The Spanish market remains temporarily closed to new customer originations as we monitor data<\/a> to change our internal risk-scoring models. We do this to ensure the best possible quality for our loan portfolio, which means a better investment experience for you. Our existing customers were the driving force behind the \u20ac97,905 worth of loan originations from September.<\/p>\n\n\n\n

Finnish loans, once again, have the majority, with a dominant 67.2% share. The Dutch market keeps its second-largest share, with 16.4%. But Estonia follows in close third with 15.7% and Spain with 0.7%.<\/p>\n\n\n\n

The average loan interest rate rose from 19.1% to 19.6%.<\/p>\n\n\n\n

Loan risk ratings and split per country<\/h2>\n\n\n\n

Below, you can view the different loan risk ratings and their percentage split across countries of the general loan portfolio. You can easily compare the changes between August and September:<\/p>\n\n\n

\n
\"Origination
<\/em>Origination shares by rating\/country \u2013 September 2023<\/em><\/figcaption><\/figure>\n<\/div>\n\n
\n
\"Origination
<\/em>Origination shares by rating\/country \u2013 August 2023<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

For more in-depth statistics, you\u2019re welcome to view them on our <\/em>general statistics page<\/em><\/a> for daily updated figures.<\/em><\/p>\n\n\n\n

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

In tandem with originations, we saw investment product funding also take a slight dip. It declined by 5.1%. This brought the total funding into investment products in September to \u20ac14,975,661.<\/p>\n\n\n\n

\u20ac14,916,563 was funded to Go & Grow and \u20ac59,098 was invested using the API. That\u2019s a 5.1% decrease for Go & Grow and a 6.2% decrease for API investments. Below, you can see the investment funding split for September.<\/p>\n\n\n

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

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

Continuing the see-saw trend since May, Secondary Market transactions decreased in September after increasing in August. Transactions totaled \u20ac92,373 in September compared to August\u2019s \u20ac107,098. This is a 13.7% drop rate.<\/p>\n\n\n\n

The API, however, increased by 20.3%, and Manual transactions declined by 28.3%. At a 58.3% share, manual transactions continue to have the biggest share. The API has a 41.7% share.<\/p>\n\n\n

\n
\"Secondary
<\/em>Secondary Market total transactions \u2013 September 2023<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

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

We\u2019ve recently started using new data sources with more exact results than we\u2019ve used previously. As we aim to improve your experience, we trust this new data source will keep you updated on our recovery efforts. However, this means we won\u2019t share the same information as in the past. You can visit our general statistics page<\/a> for more statistics and daily updates.<\/p>\n\n\n\n

We made considerable strides in September across all our active markets, recovering \u20ac1,900,071.<\/p>\n\n\n\n

Estonia was the market with the highest cash collection, with \u20ac1,112,075 recovered. In Finland, cash recoveries totaled \u20ac702,611, and in Spain, we recovered \u20ac85,295. In the Netherlands, we have our first cash recovery of \u20ac60.<\/p>\n\n\n\n

Follow our blog<\/em><\/a> to make sure you get all Bondora-related news first.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

After continued increases in July and August, we\u2019ve seen slight dips for originations and investments in September. Both these statistics totaled just under \u20ac15M, decreasing 5.1% from the previous month. Cash recoveries, however, did well, totaling almost \u20ac2M in September alone. Here are more stats: 1,039 new investors joined Bondora in September. In the same […]<\/p>\n","protected":false},"author":11,"featured_media":234910,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[103,106],"class_list":["post-149669","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\/10\/image-1553-1.png","width":834,"height":556},"categories_names":["Stats & Data"],"category_name":"Stats & Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/149669","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=149669"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/149669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media\/234910"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=149669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=149669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=149669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}