European peer-to-peer lending marketplace Bondora has reported €15,489,470 (£13,253,702) worth of loan originations in March.
The monthly loan originations were up by 12.3 per cent compared to February, when the total was €13,789,269 – but both months were down on January’s €15,757,555.
Lending in the Netherlands saw a 131 per cent growth rate, up from €924,664 in February to €2,134,180 in March.
Read more: The seven largest P2P platforms in mainland Europe
Finland remained the market with the most loan originations and was responsible for 67.19 per cent in March. Estonia contributed 18.93 per cent, while Latvia – which only launched in December – was responsible for 0.1 per cent.
Latvia was the fifth market for the Estonia-headquartered firm, which operates in its domestic market, Finland, Spain and the Netherlands, where it launched in 2022.
Bondora also reported 2,077 new investors in March, alongside its highest-ever monthly investment amount.
The firm saw investment of €31,660,730 across the month, thanks to higher monthly Go & Grow investment limits that had been temporarily raised to celebrate the marketplace’s sixteenth birthday. The campaign ended on 21 March.
Read more: Bondora actively working on scaling loan services across Europe
