{"id":87750,"date":"2022-02-08T14:15:00","date_gmt":"2022-02-08T12:15:00","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=87750"},"modified":"2022-02-08T14:15:00","modified_gmt":"2022-02-08T12:15:00","slug":"january-more-than-e14m-invested-and-originated","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/january-more-than-e14m-invested-and-originated\/","title":{"rendered":"January: More than \u20ac14M Invested and Originated"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In January, a total of \u20ac14,092,612 was invested on Bondora. Even though there was a decline of 14.7% from <a href=\"https:\/\/www.goandgrow.eu\/blog\/over-e16m-invested-in-december\/\">December<\/a><strong>, <\/strong>it was still an excellent start to the year compared to <a href=\"https:\/\/www.goandgrow.eu\/blog\/bondora-remains-confident-despite-a-decline-in-january-investments\/\">January 2021<\/a>, when only \u20ac6,186,462 was invested. Read more:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/image-851.png\" alt=\"January: More than \u20ac14M invested and originated on Bondora.\" class=\"wp-image-87751\" \/><figcaption><em>January: More than \u20ac14M invested and originated on Bondora.<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>All four product categories decreased on the month:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Go &amp; Grow &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#8211; 14.7%<\/strong><\/li><li><strong>Portfolio Manager &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#8211; 12.7%<\/strong><\/li><li><strong>Portfolio Pro &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8211; 17.4%<\/strong><\/li><li><strong>API &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  &#8211; 5.3%<\/strong><\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Investment-by-product-table_Jan.png\" alt=\"\" class=\"wp-image-87763\" \/><figcaption><em>Investment by product \u2013 January 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-investment-by-product\">Investment by product<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As always, Go &amp; Grow amassed the most funding\u2014\u20ac13,089,600. This is a 93% share of all investments. Portfolio Manager still has the 2<sup>nd<\/sup> largest, most significant share with \u20ac575,936 invested. The Portfolio Pro and API shares remain the same, with 3% and 1%, respectively.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Investment-by-product-chart_January.png\" alt=\"January investment by product\" class=\"wp-image-87769\" \/><figcaption><em>January investment by product<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Loan originations<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In January, loan originations for 2022 started slightly slow, with \u20ac14,283,101 loan originations on Bondora. But, this is a vast improvement compared to just <a href=\"https:\/\/www.goandgrow.eu\/blog\/finnish-originations-grew-exponentially-in-january\/\">\u20ac6,186,462<\/a> that was originated in January 2021. Here&#8217;s a breakdown of all the origination stats:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Country breakdown<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In the first month of 2022, originations decreased by 14.4% to \u20ac14,283,101. Finnish loans not only make up the largest share of originations (\u20ac10,039,629), but their share skyrocketed from 56.2% to 70.3% of the loan portfolio. Estonian loans now make up 28.3% (\u20ac4,047,032) and Spanish loans 1.4% (\u20ac187,722).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Spanish growth continues to build as its originations increased by 4.6%. Estonian originations decreased again, although their decline was more dramatic this month, falling by 43.1%. Finnish loans went in the opposite direction, increasing its total origination amount by 7.1%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We saw an overall drop of 0.8% regarding average interest rates. Once again, this drop comes mainly from the Estonian interest rate, which again fell by 0.3%. The average Spanish interest rate remained unchanged, and again, the average Finnish rate increased by 0.09%.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Loan-Origination-by-Country_Jan.png\" alt=\"Origination by country \u2013 January 2022\" class=\"wp-image-87775\" \/><figcaption><em>Origination by country \u2013 January 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Spain is still only originating C-rated loans, now making up 1.4% of all loans. C-rated loans in Finland nearly doubled their share, going from 35.8% in December to 62.0% in January 2022. Finnish B-rated loans, however, went from having a 19.1% share (the second-biggest share of all loans) to just 5%. In Estonia, C-rated loans increased and now make up the most significant share with 9.1%. D- and F-rated loans increased slightly, whereas A-, B- and E-rated loans decreased in Estonia.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Share-by-rating-country-and-amount_Jan-1.png\" alt=\"\" class=\"wp-image-87842\" \/><figcaption><em>Origination by rating\/country \u2013 January 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Loan amounts<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The average loan amount increased in January for all countries except Estonia. The Baltic state decreased its average loan amount by 12.7% to \u20ac2,347. This is the 4<sup>th<\/sup> month in a row that Estonian originations have decreased. In contrast, this is Finland&#8217;s first increase in 4 months, growing by 2.0%.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Average-loan-amount-E_Jan.png\" alt=\" Average loan amount \u2013 January 2022\" class=\"wp-image-87787\" \/><figcaption><em>Average loan amount \u2013 January 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Loan duration<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">We started the year on a different course compared to December. Estonia and Finland hold the same position, but Spain&#8217;s average loan duration dropped by 2 months. All in all, these three markets have very similar loan duration lengths.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Average-loan-duration_Jan.png\" alt=\"Loan duration \u2013 January 2022\" class=\"wp-image-87793\" \/><figcaption><em>Loan duration \u2013 January 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As we&#8217;ve seen over the last couple of months, 60-month loans enjoy significant popularity across all our markets. This duration consistently has the overwhelming majority in each country. In Estonia, 1,278 loans were issued in this category, in Spain 61, and Finland 2,818 loans.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/www.goandgrow.eu\/blog\/?attachment_id=87799\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Number-of-loans-per-duration-in-months_Jan.png\" alt=\"Number of loans per loan duration \u2013 January 2022\" class=\"wp-image-87799\" width=\"505\" height=\"484\" \/><\/a><figcaption><em>Number of loans per loan duration \u2013 January 2022<\/em> <em>(Click to enlarge)<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Average age<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The average age of borrowers tends to be relatively stable, with Estonian and Finnish borrowers noting no change in age. In Spain, however, the average borrower is now 2 years younger than in December. There they are aged 36, in Estonia aged 38, and in Finland, they tend to be 43-years old.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Average-age_Jan.png\" alt=\"Average age \u2013 January 2022\" class=\"wp-image-87805\" \/><figcaption><em>Average age \u2013 January 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Income<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In Spain and Finland, the average net income of borrowers remained more or less the same when compared over the 3 months. The former increased slightly, and the latter decreased somewhat. But in Estonia, the last three months have had far more dramatic shifts, falling 42.4% in January after jumping 75.5% in December.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Average-net-income-E-P.M_Jan.png\" alt=\"Average net income \u2013 January 2022\" class=\"wp-image-87811\" \/><figcaption><em>Average net income \u2013 January 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Education<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In Spain, high school education makes up most of the borrowers (46.5%), followed by those with a university degree (39.4%). The remaining 14.1% fall into the Junior high category, with 0% having Vocational school qualifications. In Estonia, things remain similar to last month. Most borrowers have High school (43.3%) and Vocational school qualifications (24.6%). As in December, more than half of all Finnish-based borrowers have Vocational school qualifications (52.3%), followed by University degrees (25.0%).<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Education_Jan.png\" alt=\"Education \u2013 January 2022\" class=\"wp-image-87817\" width=\"673\" height=\"194\" \/><figcaption><em>Education \u2013 January 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Employment<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The statistics regarding borrowers&#8217; employment remain consistent with previous months. The majority of borrowers (1,873) are employed for more than 5 years. Those employed for up to 5 years accounted for the 2<sup>nd<\/sup> largest share of all borrowers (1,455). Retirees remain the least populated segment, accounting for just 461 borrowers.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Employment-duration_Jan.png\" alt=\"Employment \u2013 January 2022\" class=\"wp-image-87823\" \/><figcaption><em>Employment \u2013 January 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Homeownership status<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In Finland, borrowers who own a home (42.5%) are almost equal compared to those who rent (41.1%). In Estonia, the homeownership trend is similar, with 43.9% of borrowers owning their homes. However, the share of borrowers renting (22.6%) is much less than their Finnish counterparts. In Spain, most borrowers are tenants (47.9%). This percentage rose by 13.2% from December. Homeowners only make up 5.6% of all Spanish borrowers. The second-biggest category in Spain is &#8216;living with parents&#8217; (23.9%).<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Home-ownership_Jan.png\" alt=\"Homeownership status \u2013 January 2022\" class=\"wp-image-87829\" \/><figcaption><em>Homeownership status \u2013 January 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Verification status<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Spain maintained its 100% verification rate for the 5<sup>th<\/sup> month, and Finland rejoined this category after breaking its streak last month. Estonia increased its verification rate by 0.5% to 99.7%. This brings the total verification rate to 99.7%\u2014up 0.1% from December.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Verification_Jan.png\" alt=\"Verification status \u2013 January 2022\" class=\"wp-image-87835\" \/><figcaption><em>Verification status \u2013 January 2022<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Investments and originations are off to a good start<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">We started 2022 with originations and investments topping \u20ac14M, which is a solid start to the new year. Even though there was a decline from December, it&#8217;s a far better position than what we were in at the start of the previous year. This puts us on the road of growth for 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In January, a total of \u20ac14,092,612 was invested on Bondora. Even though there was a decline of 14.7% from December, it was still an excellent start to the year compared to January 2021, when only \u20ac6,186,462 was invested. Read more: All four product categories decreased on the month: Go &amp; Grow &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#8211; 14.7% Portfolio [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":87751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[103,106],"class_list":["post-87750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats-and-data","tag-english","tag-marketpricing"],"acf":[],"featured_image":null,"categories_names":["Stats &amp; Data"],"category_name":"Stats &amp; Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/87750","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=87750"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/87750\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=87750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=87750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=87750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}