European peer-to-peer lending platform Bondora has released an update on its active loan portfolio, as part of its plans to boost transparency for its investors.
The firm has revamped its statistics page to make it easier for users to track borrower activity, total investments and returns.
It is planning to automate loan portfolio performance data but in the meantime it has published an update to keep customers informed.
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“Our active loan portfolio has remained consistently stable, with over 80 per cent of loans remaining active across all periods,” Bondora said. “Delinquency levels across different aging buckets have shown only minor variations, indicating strong portfolio health.
“The majority of our originations fall within low-risk levels. We continue to take a prudent approach to risk management by increasing the proportion of loans in the AA-C risk categories across all markets.
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“Our loan customers generally prefer longer loan durations, as they result in more manageable monthly payments. Offering extended terms allows for more loan issuance at lower risk levels while maintaining a higher percentage of on-time repayments.”
Bondora said it will be publishing regular updates in order to enhance and expand the data it shares with customers.
It also said that its latest annual financial report will be published soon, giving an insight into the firm’s financial performance in 2024.
