What is Bondora’s strategy?

Bondora helps empower people to live the life they want without stressing over money. We do this by building intuitive products that everyone can trust to save, grow, and spend their money.

Established in 2008, we proudly serve nearly 1 million customers worldwide. And our goal is to help millions more improve their financial situation with our online personal finance services. By making our services easy to use and readily available, we can help more people overcome the financial barriers that stop them from reaching their goals in life.

Bondora strives to provide borrowers with a seamless and fast user experience, fair rates and transparent costs, and personalized offers. Bondora focuses on middle-income consumers who need mid-sized, mid-term financing that neither banks nor payday lenders are able to provide due to regulatory reasons, balance sheets, or technical restrictions.

Geographically, Bondora focuses on EEA countries that have not developed competitive credit markets owing to their size (e.g. Finland and Estonia) or adverse macro events (e.g. Spain), and hence have lower consumer debt to GDP ratios than elsewhere in the region, according to ECRI Statistical Package 2015 data.