European peer-to-peer lending market Bondora has reported €15,489,470 (£13,253,702) value of mortgage originations in March.
The month-to-month mortgage originations have been up by 12.3 per cent in comparison with February, when the full was €13,789,269 – however each months have been down on January’s €15,757,555.
Lending within the Netherlands noticed a 131 per cent progress price, up from €924,664 in February to €2,134,180 in March.
Learn extra: The seven largest P2P platforms in mainland Europe
Finland remained the market with probably the most mortgage originations and was accountable for 67.19 per cent in March. Estonia contributed 18.93 per cent, whereas Latvia – which solely launched in December – was accountable for 0.1 per cent.
Latvia was the fifth marketplace for the Estonia-headquartered agency, which operates in its home market, Finland, Spain and the Netherlands, the place it launched in 2022.
Bondora additionally reported 2,077 new traders in March, alongside its highest-ever month-to-month funding quantity.
The agency noticed funding of €31,660,730 throughout the month, because of larger month-to-month Go & Develop funding limits that had been briefly raised to have a good time {the marketplace}’s sixteenth birthday. The marketing campaign ended on 21 March.
Learn extra: Bondora actively engaged on scaling mortgage companies throughout Europe
