{"id":296767,"date":"2026-07-20T10:42:00","date_gmt":"2026-07-20T10:42:00","guid":{"rendered":"https:\/\/northern.finance\/uncategorized\/bondora-review-e3300-invested-6-interest\/"},"modified":"2026-08-08T04:38:19","modified_gmt":"2026-08-08T04:38:19","slug":"bondora-review","status":"publish","type":"post","link":"https:\/\/northern.finance\/en\/review\/bondora-review\/","title":{"rendered":"Bondora Review: An Analysis of Finances, Risk and the Loan Portfolio"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">With its performance in 2025, the Bondora Group can look back on its strongest year in the company\u2019s history to date. The Group has recorded a sharp rise in profits, is taking important steps towards securing its target banking licence, and is strengthening its overall position in the highly competitive European lending market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the same time, the latest data indicates high default rates in the new expansion markets. Added to this is the structural separation of the Bondora Group from the Go &amp; Grow investment product. How secure is Go &amp; Grow following these changes, and what impact might they have on the expected 6% return?<\/p>\n\n\n\n<div>\n<div class=\"wp-block-group nf-info-boxen\">\n<div class=\"wp-block-group__inner-container\">\n<p class=\"nf-boxen-p-gut-zu-wissen\"><strong>In brief:<\/strong><\/p>\n<ul class=\"infobox-ul\">\n<li class=\"infobox-li\">In 2025, the Bondora Group achieved a record profit of around \u20ac9.5 million.<\/li>\n<li class=\"infobox-li\">There are various reasons behind Bondora\u2019s sharp rise in profits, some of which have a bitter aftertaste. <\/li>\n<li class=\"infobox-li\">The company is performing well in its core market thanks to the quality of its portfolio and is increasing the proportion of loans repaid on time. <\/li>\n<li class=\"infobox-li\">However, even greater teething problems are on the horizon in the emerging markets, which investors should monitor closely.&nbsp; <\/li>\n<\/ul>\n<\/div><\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">P2P pioneer Bondora: 18 years\u2019 experience<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">When it comes to peer-to-peer (P2P) lending, two names immediately spring to mind for most people: <a href=\"https:\/\/northern.finance\/erfahrungsbericht\/mintos-erfahrungen\/\">Mintos<\/a>, the largest marketplace for personal loans, and<strong> Bondora<\/strong>. The Estonian company <strong>was launched back in 2008 and has been hugely successful ever since!<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bondora was founded by P\u00e4rtel Tomberg at a time when the financial crisis had the world firmly in its grip.<\/li>\n\n\n\n<li>The company drew on lessons from the crisis to become one of the first providers to facilitate investments in personal loans.<\/li>\n\n\n\n<li>For the first 10 years, it operated as a \u2018standard\u2019 P2P platform, comparable to <a href=\"https:\/\/northern.finance\/erfahrungsbericht\/mintos-erfahrungen\/\">Mintos<\/a> or other providers in my <a href=\"https:\/\/northern.finance\/p2p\/aktuelles-p2p-kredite-ranking\/\">P2P lending ranking<\/a>.<\/li>\n\n\n\n<li>In its early days, the company changed its name twice, but otherwise stuck to its original plan. This paid off: the company has been profitable since 2017.<\/li>\n\n\n\n<li>In 2018, it launched a new product: Bondora Go &amp; Grow. It offers a fixed rate of return and daily access to the invested capital.<\/li>\n\n\n\n<li>The new offering took the market by storm and became an alternative to instant access savings accounts for many investors.<\/li>\n\n\n\n<li>The <strong>success of Go &amp; Grow was so overwhelming<\/strong> that the traditional P2P products \u201cPortfolio Manager\u201d and \u201cPortfolio Pro\u201d quickly faded into the background.<\/li>\n\n\n\n<li>In 2023, the company therefore took the logical next step and discontinued these offerings entirely.<\/li>\n\n\n\n<li>In April 2026, Go &amp; Grow will be spun off from its parent company, Bondora Group, and launched as an independent brand. The former Bondora Capital O\u00dc will be renamed Go&amp;Grow O\u00dc and will operate independently of the Bondora Group in future.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Bondora now therefore offers only one form of P2P investment: Go &amp; Grow. <strong>Here, you receive 6% interest per year, payments are made daily and you can withdraw your money at any time.<\/strong><\/p>\n\n\n\n<iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/TWLPGGsDoUQ?si=oUI2BtP3S-sC2BMH\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n\n\n\n<p class=\"wp-block-paragraph\">Before we look at whether this is really worth it, let\u2019s take a look at the company itself:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What is Bondora?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Bondora Group<\/strong> is a financial services company based in Estonia and the <strong>financing engine<\/strong> behind the business model. The company grants consumer loans to private individuals and handles their assessment, disbursement and management. These loans are financed by investors\u2019 capital.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Go &amp; Grow<\/strong>, on the other hand, is the group\u2019s <strong>investment product<\/strong>, through which investors can put their money into the loan portfolio managed by Bondora and, in return, share in the returns generated by it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This business model benefits everyone involved:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Borrowers<\/strong> receive money quickly and easily, which they can use for urgent purchases or emergencies.<\/li>\n\n\n\n<li><strong>Bondora<\/strong> generates high profits, which recently amounted to more than \u20ac9.5 million.<\/li>\n\n\n\n<li><strong>We investors <\/strong>receive 6% interest per annum on our money through Go &amp; Grow, allowing us to <a href=\"https:\/\/northern.finance\/passives-einkommen\/passives-einkommen-aufbauen\/\">build up passive income<\/a> with ease.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">It is therefore no wonder that investors have had positive experiences with Bondora and that the business is growing steadily! More than half a million investors are already active on the platform today.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Foundation<\/strong><\/td><td>2008<\/td><\/tr><tr><td><strong>Company headquarters:<\/strong><\/td><td>Tallinn, Estonia<\/td><\/tr><tr><td><strong>Management: <\/strong><\/td><td>CEO P\u00e4rtel Tomberg (founder)<\/td><\/tr><tr><td><strong>Financed credit volume:<\/strong><\/td><td>2,21 billion (06\/2026)<\/td><\/tr><tr><td><strong>Regulated:<\/strong><\/td><td>Fully regulated<\/td><\/tr><tr><td><strong>Annual report:<\/strong><\/td><td>Audited annual report available; profit of \u20ac9.5 million in 2025<\/td><\/tr><tr><td><strong>Investors:<\/strong><\/td><td>+ 500,000 users<\/td><\/tr><tr><td><strong>Returns:<\/strong><\/td><td>6 %<\/td><\/tr><tr><td><strong>Buy-back guarantee:<\/strong><\/td><td>Not applicable<\/td><\/tr><tr><td><strong>Minimum investment amount:<\/strong><\/td><td>1 EUR<\/td><\/tr><tr><td><strong>Auto-Invest:<\/strong><\/td><td>Yes<\/td><\/tr><tr><td><strong>Secondary market:<\/strong><\/td><td>No \u2013 not applicable<\/td><\/tr><tr><td><strong>Tax certificate:<\/strong><\/td><td>Yes<\/td><\/tr><tr><td><strong>Bonus programmes:<\/strong><\/td><td>\u20ac5 sign-up bonus via <a href=\"https:\/\/northern.finance\/go\/loanch\">my link<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Who is behind Bondora?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The P2P platform Bondora was conceived and founded by <a href=\"https:\/\/www.linkedin.com\/in\/parteltomberg\/\" target=\"_blank\" rel=\"noopener\">P\u00e4rtel Tomberg<\/a>. And the success of recent years clearly shows that it was a very good idea!  <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" width=\"1190\" height=\"1120\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/CEO-von-Bondora-e1784587880850.jpeg\" alt=\"CEO von Bondora\" class=\"wp-image-339391\" style=\"aspect-ratio:1.0622579039622602;width:543px;height:auto\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/CEO-von-Bondora-e1784587880850.jpeg 1190w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/CEO-von-Bondora-e1784587880850-300x282.jpeg 300w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/CEO-von-Bondora-e1784587880850-1024x964.jpeg 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/CEO-von-Bondora-e1784587880850-768x723.jpeg 768w\" sizes=\"(max-width: 1190px) 100vw, 1190px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Here are the most important facts about the founder and owner: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Born and raised in Tallinn, the capital of Estonia, where Bondora is now based. <\/li>\n\n\n\n<li>Studied in England and the USA and holds a degree in International Business Management. <\/li>\n\n\n\n<li>He studied at a university in Oxford, but not the world-famous University of Oxford. <\/li>\n\n\n\n<li>Before founding Bondora and during its start-up phase, he held various management positions, mainly at large online mail order companies. <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Tomberg currently holds 51 per cent of Bondora<\/strong> and thus has the final say over the company. For us investors, this is very good news: <strong>Here is a man with years of experience in the business world and in running his own company at the helm.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Around a quarter of the shares are held by an investor from Portugal. The remaining shares are held by the Global Founders Fund (formerly: \u201cEuropean Founders Fund GmbH &amp; Co. Beteiligungs KG\u201d).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is the investment fund run by the Samwer brothers, who rose to prominence through their investments in companies such as Zalando, Delivery Hero and HelloFresh. Older readers will also be familiar with their ringtone company, Jamba.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Their fund also made a sound decision with Bondora, investing early in the successful P2P platform.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s now continue with a review of the 2025 financial year to better understand the financial position of the Bondora Group, as well as the opportunities and risks this presents for Go &amp; Grow investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bondora Group 2025: Year in Review<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Bondora is a well-established company that has been active in the lending sector for almost 20 years and currently provides financial services to its investors in <strong>5 active European markets<\/strong>. The company is supported by over 200 employees from 25 countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company\u2019s success speaks for itself: <strong>The Bondora Group has now been profitable for the ninth year running<\/strong>. This solid growth demonstrates that Bondora is now one of the most robust companies in the P2P sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>financial report<\/strong> for 2025 has been publicly available for a few days now; it has been prepared strictly <strong>in accordance with<\/strong> <strong>IFRS guidelines and audited by KPMG<\/strong>. It contains exciting developments that are relevant not only to Go &amp; Grow investors, but also to anyone who has not yet invested on the platform.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"630\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-56-1024x630.png\" alt=\"Finanzbericht von KPMG testiert\n\" class=\"wp-image-339361\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-56-1024x630.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-56-300x185.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-56-768x473.png 768w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-56-1536x945.png 1536w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-56.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">I\u2019ve taken a closer look at the financial report and would like to outline the key developments and key figures for you, so that you can gain a transparent insight into the platform.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This will help you decide for yourself whether an investment in <strong>Go &amp; Grow<\/strong> is still worthwhile, or whether its best years are already behind it and alternatives such as Monefit are now becoming more attractive.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Turnover and profit<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Not only has the Bondora Group been profitable for the ninth year running, but in 2025 it also managed to <strong>significantly increase its profitability<\/strong>. Last year was the most profitable in the company\u2019s entire history to date.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue growth:<\/strong> The Bondora Group\u2019s revenue rose from \u20ac52.6 million in 2024 to \u20ac62.7 million in 2025, representing an increase of 19.2 per cent.<\/li>\n\n\n\n<li><strong>Profit:<\/strong> The strong revenue growth has also led to a veritable explosion in net profit. In 2025, the Group generated a profit of around \u20ac9.5 million \u2013 almost ten times that of the previous year, 2024 (around \u20ac1.2 million), which was characterised by significant macroeconomic challenges.<\/li>\n\n\n\n<li><strong>Profitability: <\/strong>The return on equity (ROE) jumped from 6% in 2024 to an impressive 40% in 2025. And this was achieved despite a significant increase in the number of investors.<\/li>\n\n\n\n<li><strong>Dividend policy:<\/strong> Despite the strong profit performance, the Board has decided to retain the entire net profit and not to pay out any dividends. The company wishes to finance its growth increasingly from its own resources and is therefore deliberately not pursuing a dividend policy.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The reasons behind Bondora\u2019s record profit<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">What are the reasons for the explosion in profit over the past year? I took a closer look at the financial report and came across <strong>two reasons<\/strong>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">1. <strong>Bad debts written off:<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">In 2025, Bondora significantly cleaned up its balance sheet, reducing reported receivables from over 25 million euros to 8.81 million euros.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The background to this is that the company has written off receivables totalling 20.18 million euros in full. These were defaulted loans, which are, however, an inherent part of this type of lending business and are not unusual. Bondora\u2019s default rate currently stands at around 5.7%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This move was prompted by the sale of a portion of non-performing Finnish loans to an institutional investor. After all, Finland is regarded as Bondora\u2019s most important lending market.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"448\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-54-1024x448.png\" alt=\"20,18 Mio. \u20ac an Krediten abgeschrieben\" class=\"wp-image-339355\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-54-1024x448.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-54-300x131.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-54-768x336.png 768w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-54-1536x671.png 1536w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-54.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\">2. <strong>Spin-off of Go &amp; Grow:<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">This point is by far the most important. This year, the shareholders approved a comprehensive restructuring of the group. This involves separating the flagship product \u201cGo &amp; Grow\u201d \u2013 both legally and operationally \u2013 from the rest of the Bondora Group\u2019s lending business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The former subsidiary Bondora Capital O\u00dc, through which Go &amp; Grow is operated, will in future be known as \u201cGo&amp;Grow O\u00dc\u201d and will operate under a new holding company, \u201cGo&amp;Grow Holding AS\u201d.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"206\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-53-1024x206.png\" alt=\"Abspaltung Bondora von Go&amp;Grow\" class=\"wp-image-339349\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-53-1024x206.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-53-300x60.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-53-768x155.png 768w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-53-1536x309.png 1536w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-53.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">For investors, this separation may have both advantages and disadvantages. On the positive side, should problems arise in the traditional lending business, the investment product may be better protected from its risks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the same time, however, the separation could also mean that, in the event of a crisis, Go &amp; Grow would no longer benefit to the same extent from the profitability of its former parent company. I cannot yet say exactly what the detailed legal implications of the new structure will be at this stage.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Both turnover and profit show that Bondora is on a solid footing to continue operating the business successfully in the future and to look after its investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, anyone who is not satisfied with the spin-off of Go &amp; Grow may find a suitable alternative in <strong>Monefit<\/strong>. The company\u2019s profit of <strong>\u20ac13.5 million<\/strong> is even higher than Bondora\u2019s, and there is no separation from the parent company here either. Read more about the platform in my <a href=\"https:\/\/northern.finance\/erfahrungsbericht\/monefit-erfahrungen\/\">Monefit review<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bondora loan portfolio: How reliable are the loans?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Bondora Group attaches great importance to professional <strong>risk management<\/strong> and the continuous optimisation of its loan portfolios.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Key figures such as the proportion of <strong>active loans, payment arrears, risk classes and regional distribution<\/strong> provide deep insight into the stability and sustainability of the business model.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s therefore take a detailed look at the structure and development of the Group\u2019s loan portfolio to gain a better understanding of its quality.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Returns<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A glance at the figures from the Bondora Group\u2019s latest loan portfolio statistics quickly reveals that the company has its loan portfolio well under control.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bondora has built up a very solid return buffer. The <strong>projected internal rate of return (IRR)<\/strong> for the entire loan portfolio stands at an incredible <strong>19.1%<\/strong> for 2026 \u2013 even after accounting for potential loan defaults. As investors, we receive a maximum of 6% of this, which results in this healthy buffer.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"1024\" height=\"936\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-6-6.png\" alt=\"\" class=\"wp-image-339528\" style=\"aspect-ratio:1.0940292852526243;width:468px;height:auto\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-6-6.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-6-6-300x274.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-6-6-768x702.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\">Default rates<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The robustness of Bondora\u2019s lending business stems from a consistent focus on quality: right from the outset of the lending process, Bondora carries out comprehensive <strong>credit checks<\/strong>. Once a loan has been successfully granted, borrowers\u2019 repayment behaviour is continuously monitored.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This gives Bondora the greatest possible insight into every stage of the lending and repayment process, which is intended to ensure greater transparency and safeguard the stability of the portfolio in the long term.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And the success of this approach is evident:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Active loans:<\/strong> Around 80 per cent of all loans granted remain active, whilst payment arrears have remained at a consistently low level over recent years.<\/li>\n\n\n\n<li><strong>Risk classes:<\/strong> The vast majority of the portfolio consists of borrowers with high creditworthiness and low default risks. At the same time, the proportion of the best risk classes (AA to C) is rising steadily.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This strategy is complemented by flexible loan terms, which are tailored to the individual creditworthiness and repayment capacity of the borrowers.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"943\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-7-4-1024x943.png\" alt=\"\" class=\"wp-image-339534\" style=\"aspect-ratio:1.0864744029569953;width:601px;height:auto\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-7-4-1024x943.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-7-4-300x276.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-7-4-768x707.png 768w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-7-4-1536x1414.png 1536w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-7-4.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">However, on closer inspection of the markets, it becomes apparent that here, too, the devil is in the detail.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Finland<\/strong> is and remains Bondora\u2019s core market and will continue to account for <strong>around 60 per cent of the total lending market<\/strong> in 2025.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-8-3-1024x536.png\" alt=\"\" class=\"wp-image-339540\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-8-3-1024x536.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-8-3-300x157.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-8-3-768x402.png 768w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-8-3.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">There is also some encouraging news here: the key indicator <strong>PD12<\/strong> has fallen significantly in Finland \u2013 from 11.85% in 2023 to <strong>8.72% in the second quarter of 2025<\/strong>. This is particularly noteworthy given that, at the same time, the average interest rate on loans stood at a high 17.6% per annum.<\/p>\n\n\n\n<div>\n<div class=\"wp-block-group nf-info-boxen-blau\"> \n<div class=\"wp-block-group__inner-container\"> <p class=\"nf-boxen-p-lesetipp\"><strong>Good to know: <\/strong><\/p> \n<p class=\"nf-boxen-p\">PD12 (Probability of Default over a 12-month period) is the estimated probability that a debtor will be unable to meet their payment obligations within the next 12 months. It serves as a key risk indicator for assessing short-term credit or default risk.<\/p> \n<\/div><\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Risks<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">At first glance, it certainly looks as though Bondora will be able to continue paying out daily interest reliably. But on closer inspection, we can see two hidden areas of concern:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Area of concern 1 \u2013 The Netherlands:<\/strong> Compared with the buoyant Finnish market, the picture in the Netherlands is quite different.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Although Bondora emphasises that the majority of loans fall into the safe risk categories AA to C, the trend suggests a growing appetite for risk. The <strong>proportion of loans with the top \u2018AA\u2019 rating is falling<\/strong> from 64 per cent in 2025 to just 21 per cent in 2026.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"767\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-9-3-1024x767.png\" alt=\"\" class=\"wp-image-339546\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-9-3-1024x767.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-9-3-300x225.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-9-3-768x576.png 768w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-9-3.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">At the same time, the proportion of \u2018C\u2019 loans has risen from 8% to 33%, meaning it has more than quadrupled. Anyone who used to invest manually on Bondora will also know that even credit rating class C already represents a significantly higher risk.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To me, this suggests that Bondora has <strong>relaxed its credit requirements<\/strong> in the Netherlands in order to increase the volume of lending.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Problem area 2 \u2013 The expansion markets: <\/strong>The new expansion markets have so far performed significantly worse than the established markets.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In <strong>Denmark<\/strong>, for example, the PD12 default rate in the first half of 2025 ranged between <strong>36.9% and 37.4%<\/strong>. This means that more than a third of the loans granted reach the status of an expected default within a year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"412\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-10-3-1024x412.png\" alt=\"\" class=\"wp-image-339552\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-10-3-1024x412.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-10-3-300x121.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-10-3-768x309.png 768w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-10-3.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Latvia<\/strong>, too, has consistently very high default rates of around 30 per cent.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"575\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-11-1-1024x575.png\" alt=\"\" class=\"wp-image-339558\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-11-1-1024x575.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-11-1-300x169.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-11-1-768x432.png 768w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-11-1.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">This shows that the expansion is associated with significant loan defaults and correspondingly high risks. By comparison, the PD12 default rates in the established markets of <strong>Estonia and Finland<\/strong> currently stand at just between <strong>7.4% and 8.7%<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The expansion markets must therefore be <strong>cross-subsidised<\/strong> to some extent by the established markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How does Bondora perform when a loan defaults? The company also provides figures on this, which speak for themselves in clear and sober terms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A clear difference is evident in the <strong>recovery rates<\/strong> for defaulted loans. Whilst Bondora is able to recover around 54 per cent of the capital after three years in Estonia and the Netherlands, the figure in <strong>its most important lending market, Finland, is just 31 per cent<\/strong>. There, the recovery processes take considerably longer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Estonia, 64 per cent of overdue loans are recovered after five years, whilst <strong>Finland only achieves a comparable recovery rate after seven years<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"776\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-12-2-1024x776.png\" alt=\"\" class=\"wp-image-339564\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-12-2-1024x776.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-12-2-300x227.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-12-2-768x582.png 768w, https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/Grafik-12-2.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Although the recovery process is often protracted and takes place over a long period, Bondora manages to <strong>recover<\/strong> around <strong>two-thirds<\/strong> of all defaulted loans!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Loan defaults are a <strong>natural part of the lending business<\/strong> and cannot be completely avoided. However, Bondora demonstrates that they can certainly be managed through stricter checks and greater experience in the market.<\/p>\n\n\n\n<iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/TWLPGGsDoUQ?si=Qk9lzSHTu6FQMe_-\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n\n\n\n<h3 class=\"wp-block-heading\">Further exciting developments: Bondora is seeking a banking licence<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">One development that is very exciting for us as investors and should certainly be viewed positively is Bondora\u2019s ongoing efforts to obtain a <strong>banking licence<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As stated in a letter from the Supervisory Board, <strong>Bondora Finance AS<\/strong> remains in the process of obtaining a banking licence. Bondora Finance AS is a new subsidiary under the Bondora Group AS holding company which has applied for a European banking licence.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"596\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-52-1024x596.png\" alt=\"Firmenstruktur Bondora\" class=\"wp-image-339343\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-52-1024x596.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-52-300x174.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-52-768x447.png 768w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-52-1536x893.png 1536w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-52.png 1864w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">The fact that Bondora <strong>did not pay out any dividends to its investors<\/strong> in 2025 could therefore be explained by the fact that banking regulators require a certain financial buffer. The company\u2019s <strong>cash and cash equivalents<\/strong> rose from \u20ac13.7 million in 2024 to \u20ac20.3 million in 2025.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"612\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-55-1024x612.png\" alt=\"Offizielle Zahlen von Bondora\" class=\"wp-image-339367\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-55-1024x612.png 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-55-300x179.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-55-768x459.png 768w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-55-1536x917.png 1536w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-55.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">For us as investors, the <strong>retention<\/strong> of profits is generally a positive sign, though it may not have been entirely voluntary due to potential legal requirements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The organisational and corporate spin-off of Go &amp; Grow is also striking. This leads me to the obvious conclusion that the <strong>banking licence<\/strong> the company is seeking is the reason for the separation of the two business divisions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">My Bondora experience: My portfolio of just under \u20ac13,000<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As a retail investor, as we have already explained in more detail, you can only invest via Bondora\u2019s \u2018Go &amp; Grow\u2019 investment product.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I have personally been invested on the platform for many years and am constantly expanding my portfolio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I currently have just under <strong>\u20ac13,000 invested in Go &amp; Grow<\/strong>, which is currently generating a daily return of just over \u20ac2.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"948\" height=\"462\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-49.png\" alt=\"Mein Portfolio bei Bondora\" class=\"wp-image-339325\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-49.png 948w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-49-300x146.png 300w, https:\/\/northern.finance\/wp-content\/uploads\/2025\/05\/image-49-768x374.png 768w\" sizes=\"(max-width: 948px) 100vw, 948px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">New customers can regularly benefit from an attractive <a href=\"https:\/\/northern.finance\/bonus\/bondora-bonus\/\">Bondora bonus<\/a>. In my review, you\u2019ll find all the key information about the various promotional programmes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Having analysed the latest figures from the Bondora Group\u2019s financial report, it\u2019s clear to me that I\u2019ll continue to invest via Go &amp; Grow in the future. In 2025, the Group will achieve a <strong>profit of \u20ac9.5 million<\/strong> on total assets of \u20ac36.8 million, which is a more than impressive result.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So, for anyone looking to rely on a strong balance sheet and earn interest through an <strong>established company<\/strong>, Go &amp; Grow could well be an exciting option. Especially as the Bondora Group has now been profitable for the ninth year running, thereby definitively proving its strength.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion: When profits hit record highs, it\u2019s important to look at the downsides too<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Things have certainly been looking bright for Go &amp; Grow of late. The platform is steadily attracting more investors, and its parent company, the Bondora Group, is set to achieve a record profit in 2025, thereby significantly increasing its interest rate buffer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The falling default rates in its core market of Finland and the increased potential returns for investors also show that Bondora is increasingly establishing itself in the highly competitive lending market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, record profits often cast a shadow, as a closer look at the statistics and the Bondora Group\u2019s financial report reveals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Firstly, the \u201cGo &amp; Grow\u201d investment product is legally separate from the parent company, which raises the question of how well Bondora will treat its investors in the event of a crisis. Will the return be reduced, or will the group itself step in with liquid funds?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, Bondora\u2019s expansion is not going as smoothly as hoped. Markets such as Denmark and Latvia, with default rates of over 30 per cent, show that we are still at a very early stage here.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For me, however, Bondora \u2013 with its \u2018Go &amp; Grow\u2019 investment product \u2013 remains an absolute heavyweight amongst P2P platforms, and one in which I will continue to invest. Over the years, the company has built up a strong interest buffer and demonstrated that its business model works.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Take a look at my <a href=\"https:\/\/northern.finance\/erfahrungsbericht\/monefit-erfahrungen\/\">Monefit review<\/a> if you\u2019d like to know more about this higher-yielding alternative platform.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">FAQ: How secure is Go &amp; Grow really?<\/h3>\n\n\n<div class=\"wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-9a92168a uagb-faq-icon-row uagb-faq-layout-accordion uagb-faq-expand-first-true uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height     \" data-faqtoggle=\"true\" role=\"tablist\"><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-8cc9efad \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong><strong>How safe is an investment in Go &amp; Grow?<\/strong><\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>As is usual in the lending business, Bondora also experiences loan defaults. However, the company is constantly working to improve the quality of its loan portfolio in order to reduce the risk of default.<\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-66d0852c \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong><strong>Why might Go &amp; Grow investors currently be having second thoughts?<\/strong><\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>The Bondora Group has decided to separate the \u2018Go &amp; Grow\u2019 investment product from the rest of its business, both organisationally and legally. Investors are therefore wondering what impact this new structure might have in the event of financial difficulties.<\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-872e2962 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong><strong>Can investors still expect a 6 per cent interest rate with Go &amp; Grow?<\/strong><\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>The Bondora Group posted record profits in 2025, enabling it to increase its interest rate buffer. These developments suggest that Bondora will be able to maintain its current interest rates.<\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-1852c48f \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong><strong>Is Monefit SmartSaver a good alternative to Go &amp; Grow?<\/strong><\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>Monefit differs from Bondora in terms of its structure, business model and risk profile. For investors seeking a higher rate of return, Monefit could be an attractive alternative.<\/p><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>With its performance in 2025, the Bondora Group can look back on its strongest year in the company\u2019s history to date. The Group has recorded a sharp rise in profits, is taking important steps towards securing its target banking licence, and is strengthening its overall position in the highly competitive European lending market. At the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":339521,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[1017],"tags":[],"class_list":["post-296767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-review"],"acf":[],"uagb_featured_image_src":{"full":["https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/EN-NF-850-thumbnail.png",1280,720,false],"thumbnail":["https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/EN-NF-850-thumbnail-150x150.png",150,150,true],"medium":["https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/EN-NF-850-thumbnail-300x169.png",300,169,true],"medium_large":["https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/EN-NF-850-thumbnail-768x432.png",768,432,true],"large":["https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/EN-NF-850-thumbnail-1024x576.png",1024,576,true],"1536x1536":["https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/EN-NF-850-thumbnail.png",1280,720,false],"2048x2048":["https:\/\/northern.finance\/wp-content\/uploads\/2026\/07\/EN-NF-850-thumbnail.png",1280,720,false]},"uagb_author_info":{"display_name":"Aleks Bleck","author_link":"https:\/\/northern.finance\/en\/author\/aleks\/"},"uagb_comment_info":0,"uagb_excerpt":"With its performance in 2025, the Bondora Group can look back on its strongest year in the company\u2019s history to date. The Group has recorded a sharp rise in profits, is taking important steps towards securing its target banking licence, and is strengthening its overall position in the highly competitive European lending market. At the&hellip;","permalink_manager":null,"_links":{"self":[{"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/posts\/296767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/comments?post=296767"}],"version-history":[{"count":36,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/posts\/296767\/revisions"}],"predecessor-version":[{"id":340031,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/posts\/296767\/revisions\/340031"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/media\/339521"}],"wp:attachment":[{"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/media?parent=296767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/categories?post=296767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/tags?post=296767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}