Two major Estonian peer-to-peer lenders have reported a record month for loan investment.
Updates from Bondora and Iuvo suggest a boom in P2P lending activity on the continent.
March statistics from Bondora reported new all-time highs for investments and loan originations.
Both topped €23m (£20m), increasing by 21.2 per cent.
Loan originations totalled a record-breaking €23.3m, Bondora said, while investments increased by 12.6 per cent to €23,3m.
The majority of originations came from Finland, at €17.4m.
All Bondora’s markets in Finland, Estonia and The Netherlands saw increases except for Spain.
Finland continues to have the largest share of the loan markets for Bondora, with originations making up a 74.7 per cent share.
Read more: Bondora investments and originations top €23m
In contrast to their decline in February, Estonian originations increased by 11.8 per cent to a 20.1 per cent share.
The Dutch market makes up 1.6 per cent of originations while Spain still represents 3.6 per cent.
Read more: Bondora reports over €750m invested as it marks 15th birthday
Meanwhile, Iuvo has reported that April 2023 was the most successful month in its almost seven-year history for newly-added funds by investors, up 2.96 per cent.
This took the total amount invested through the platform to €366m.
Read more: Bondora raises Go & Grow limit
