Financial performance of Bondora Group

We are proud to announce Bondora’s 5th consecutive year of profitability. We received more than 1M applications, and people have borrowed over €616M since 2008 to make their dreams come true. You can too!

Our loan originations in Estonia remained steady throughout 2021. Loan originations in Finland skyrocketed to €54.9M, accounting for 21% of the loans we have issued in Finland throughout the years. In September 2021, we relaunched in Spain. Since then, this market has shown a steady and stable increase of new loans, and continues to increase every month. Since reopening the Spanish market in September, it has maintained the highest growth rate among the three countries.

As a result, our portfolio has expanded to accommodate our continued growth of new customers and reach our goal of making investing available to everyone.

2021 ended with the highest yearly recovery rate in Bondora’s history, and €12.3M was recovered for our investors. We are off to an aggressive start this year, with new highs for our collection and recovery process already.

For the 4th year in a row, we delivered a return rate of 6.75% for Go & Grow. With its ease of use and low risk, Go & Grow remains our most popular product with investors!

The future

Expanding our range of products and services offered remains a priority. Last year, we released B Secure+ for our borrowers, a major success with an upsell rate of 45%. The new and improved Go & Grow app went live in December 2021, and has been downloaded by more than half of our active investors. Our new service tier, Go & Grow Unlimited, was rolled out to all of our investors in May 2022. But it doesn’t end there. We will be announcing more products and services over the next few quarters. Stay tuned!

Because of the success in our existing markets, we are planning to launch our financial services in several new EU countries.

This all would not be possible without our dedicated team of Bondora Superheroes. We are now a team of 130+ employees, almost double our staff in 2020, and we will only continue to grow. If you want to join us, check out our vacancies here.

Our core focus in 2020 and 2021 was sustainability. Not only for consistency in our financials but for the customers who use Bondora day-in and day-out. Now with more stability, we are excited to grow, launch new services, and scale our existing ones to more customers across Europe.

For more information, please download Bondora Group’s Annual Reports below for free.

• 2016 Bondora AS Consolidated Annual Report ENG.pdf (600 KB)
• 2017 Bondora AS Consolidated Annual Report ENG.pdf (900 KB)
• 2018 Bondora AS Consolidated Annual Report ENG.pdf (100 KB)
• 2018 Bondora AS Consolidated Annual Report EST.pdf (100 KB)
• 2019 Bondora AS Consolidated Annual Report ENG.pdf (100 KB)
• 2020 Bondora AS Consolidated Annual Report ENG.pdf (186 KB)
• 2020 Bondora Group Sworn auditor's report IFRS ENG.pdf (94.7 KB)
• 2021 Bondora AS Consolidated Annual Report ENG.pdf (196 KB)
• 2021 Bondora Group Sworn auditor's report IFRS ENG.pdf (121 KB)
• 2022 Bondora Group AS Consolidated Annual Report ENG.pdf (199 KB)