Bondora Review & BONUS - The Home Bankers' Club

While you are reading this review, we also encourage you to invest in more trustable and performant platforms such as Mintos or Grupeer.

Investors	Investments	Founded	Country
46’291	176 M EUR	2009	Estonia

Bondora is a crowdlending platform where you invest in consumer and business loans across Finland, Spain and Estonia. You will lend money in exchange for monthly interests. Investing in this platform is really simple, you just need to select your investment profile based on the risk you want to take, and then you just need to transfer money to you Bondora account: They will take care of investing it for you. You will receive monthly interests from the first month.

Advice

Bondora is a nice-to-have platform in your portfolio but it is not essential: Bondora is one of the oldest platform (launched in 2009). The interest rates are reasonable even though they aren’t the highest you can find (your portfolio will return you around 10%). A nice advantage of Bondora is that it is not time-consuming, just put some money and the platform with automatically invest it. Also, you can start investing with just 1 euro. The main platform down-side is that the reporting and statistics interface is really badly built and it’s quite complicated understanding your investment statistics.

Pros & Cons

Pros	Cons
+ Easy to use (transfer money -> auto-invested) + Large platform + Long track record (from 2009) + Small investment starting amount (€1)	– No Buyback guarantee on loans – Returns slightly below average (10%) – No loan information – No cash-back investments – Withdrawal fees of €1

Investment details

Investment currencies	EUR
Return on investment (ROI)	10%
Minimum investment	€ 1
Investment period	48 months
Default rate	missing data	missing data
Investment fees	0%
BuyBack guarantee	No
Auto-invest	Yes
Secondary market	Yes
Trustpilot Score (Safety)	9.4/10

Investment types

Personal/Consumer loans	Business loans

Investment example

Investment result forecast

Below you will find the resulting forecast when investing using Bondora compared to investing the same amount in the US stock market (US stock market: 6% average yearly growth in the last 30 years).By investing €1’000 using Bondora for 15 years you might end up with €4’177 (€1’780 more than with the stock market).