Bondora

Bondora runs a direct marketplace lending platform, which means it operates the "traditional" or "pure" P2P lending model and serves as an online space where borrowers can apply for loans and investors can fund projects. Bondora is operated by Bondora Capital OÜ, based in Estonia. It's received a credit license from Estonia's Financial Supervisory Authority (FI).

Bondora allows you to provide funding to individuals by investing in personal loans. You can also apply for funding if you are an individual seeking financing.

At Bondora, you can invest in projects denominated in EUR starting from €1. You can also set up an auto-invest feature and buy and sell loans on a secondary market.

Bondora separates investors’ funds from the platform company assets and has a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It discloses statistics about its funded loans on a dedicated public page and shares its monthly funding volumes with P2PMarketData.

Bondora was launched in 2015 by Pärtel Tomberg, Martin Rask and Mihkel Tasa.

Pärtel has over 15 years of experience. His professional background is mainly in business development, and start-up development. Pärtel has been, for example, a Business Development Director at Halens — an e-commerce company, and an Operations Director at Quelle — an e-commerce company. He holds a Bachelor's degree from Oxford Brookes University in International Business Management.

Martin's professional background is mainly in software development, and start-up development. He holds a Master's degree from Tallinn University of Technology in Computer Software Engineering.

Mihkel has over 25 years of experience. His professional background is mainly in business development, and corporate law. Mihkel has been, among other positions, a Member of the Management Board at Concordia Attorneys-at-Law — a law practice, and a Chairman of the Supervisory Board at Helmes — an it services provider. He's graduated from University of Hamburg in Law.