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July was a record month at Bondora with a total of \u20ac2,289,230<\/strong> of loans issued. The record came despite a slightly lower value of processed loan applications at \u20ac35,551,410<\/strong>. \u20ac5,269,680<\/strong> of loans applications were made available in the peer-to-peer lending platform with the growth compared to June driven by improvements to funnel conversion rates (from 12.7% in June vs. 14.8 in July).<\/p>\n The week of 25th of July was awfully quiet in our industry. The biggest news came once again from the US where Bloomberg wrote about Prosper\u2019s plans to launch their proprietary investment fund focused solely on the peer-to-peer lending assets Prosper originates. Meanwhile Huffington Post and Financial Planner wrote about trends created by financial technology companies.<\/p>\n In the upcoming weeks we are planning some major updates to our Portfolio Manager<\/a> and Dashboard:<\/p>\n We are continuing our article series on governance and risk management at Bondora<\/a>. Earlier we have discussed our high level governance model<\/a>, Management Board structure<\/a> as well as the background of our Supervisory Board members<\/a>. This time we take a closer look at our audit function.<\/p>\n","protected":false},"excerpt":{"rendered":" WRAP-UP OF LAST WEEKS POSTS: Monthly origination summary \u2013 July 2016 July was a record month at Bondora with a total of \u20ac2,289,230 of loans issued. The record came despite a slightly lower value of processed loan applications at \u20ac35,551,410. \u20ac5,269,680 of loans applications were made available in the peer-to-peer lending platform with the growth […]<\/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-4127","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\/4127","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=4127"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/4127\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=4127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=4127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=4127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Weekly industry news round-up<\/a><\/h3>\n
Major update to Portfolio Manager and Dashboard<\/a><\/h3>\n
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Audit function and internal financial reporting<\/a><\/h3>\n