Type: Peer-to-Peer (P2P) Consumer Lending
Peer-to-Peer (P2P) Consumer Lending - geography: Estonia
CO. no.: 11483929
Bondora is a leading platform for investing in European personal loans. Since 2009 we have processed over 400 million euro of loan applications from prime and near-prime borrowers. More than 9,000 investors from 37 countries have funded 35 million euro in loans and received over 4 million euro in interest payments. We have attracted many types of investors, from individuals investing a few thousand euro to sophisticated investors investing hundreds of thousands of euro.
Description: Pärtel Tomberg (CEO) - an experienced entrepreneur and a consultant who has been launching and managing various business initiatives for Quelle AG and Halens AB, the largest distance retailers in CEE and the Nordics.
Pärtel holds a BA (summa cum laude) from the Oxford Brooks University.
Bondora, a peer to peer lending platform with pan-European aspirations, has shared their opinion on the regulatory environment in Europe. According to Bondora, ?regulating alternative finance is a fraught issue across Europe?. But there is an exception to this rule. The UK, and the Financial Conduct Authority (FCA), has created a ?gold standard? of robust regulation.
Bondora, an Estonia-based online lender, entered the Canadian market at the end of September and allows accredited investors the opportunity to invest directly in personal unsecured loans across three European markets: Finland, Estonia and Spain. (An accredited investor has to have a minimum individual income of $250,000.)
Currently, Mr. Tomberg is preparing to expand the lending platform to eight more euro zone countries ? with plans to be present in all that region?s countries by 2017.