Today we review Bondora Capital for you. What is Bondora? A scam or a legit company? Will it be profitable or should you look elsewhere? These are some of the main questions this short review will help you with. Let´s go!
Company: Bondora Capital
Website: www.bondora.com
Owner: Pärtel Tomberg (founder and CEO)
Price: Free to join <== (get €5 FREE if you register through this link)
Who is it for: Investors or borrowers
Overall rating: 
(4.4 / 5)
P.S.
Before we continue it is important to mention that you should never invest more money than you can afford to lose into cryptocurrency or any other investment at all for that matter. Stick to that rule of thumb and you will be just fine. Also, we are a professional and independent site that aims to provide valuable info for people interested in investing and financial subjects. Our content does not constitute financial advice. You are encouraged to talk to your financial advisor before making any decision on investing. To be able to meet the running costs of this blog, we do receive compensation from ads and banners you might see on this site. We also receive compensation from external companies for sending leads in their way.
Ok, with that being said, let´s continue with the review.
What is Bondora Capital? – Overview
Bondora Capital is a peer-to-peer (P2P) lending platform for investing in European (non-bank) personal loans. It is one of the leading companies in the industry with around 35,000 clients. The company has been operating since 2009. The physical address of the company is A. H. Tammsaare tee 47, 11314 Tallinn, Estonia
Bondora got a pretty impressive record so far that they proudly display on their website, with an interest of 17 million (Euro) for its clients (see screenshot below):
How to invest
It is not complicated at all to getting started and investing on Bondora, it basically works in 4 simple steps:
- Open an investing account
- Fill out the identification form
- Choose your strategy for the portfolio manager
- Add funds to your account and start to invest
P.S. After you have activated your Portfolio Manager it will automatically start to search for loans that fit your selected strategy. Starting bid size is €5 and that will double after every 200 investments. If you want you can also set a custom bid size instead, to override the auto-bid that is set by the portfolio manager.
How does it work?
The way Bondora works is that you invest in Bondora loans, which are a fixed-income investment that generates monthly cash flow from principal and interest payments. Bondora issues loans to persons in Finland, Estonia and Spain.
Who can invest?
A short answer to this is, anyone can invest. Well, as long as you are above 18 years old and living in the EU, Switzerland or Norway, and also businesses that are registered in the EU.
If you do not live or work inside EU you can invest through Bondora if you are an accredited investor.
P.S.
Sign up through this link to receive €5 for free to invest in Bondora
How is the support?
One thing I always put a lot of weight on when it comes to the support system of a company is if they got a live chat function or not. Bondora got this and that is a big plus (at least in my book). They also got e-mail support and phone support, they got the whole support package in other words.
Is Bondora a Scam?
So, is Bondora a scam? No, it is not, it is a legit investment opportunity. It got real owners and a real physical address and have been in business for almost 10 years now. They also got a great reputation and have been featured in both Forbes Magazine and other industry-leading business and financial publications.
They also got great reviews and testimonials from its users, and below you can see what the well-known and trusted review and rating site Trustpilot have rated the company:
Trustpilot
Score: 
(4 / 5) (out of 221 reviews) Click here for details (opens in new window)
The pros and cons
It is always a good idea to compare a company’s positive sides against their negatives before you make a decision. Below I have pointed out some clear points on both sides of the spectrum to make this job easier for you:
The good
- Been in business for almost 10 years
- Got a good amount of positive reviews online from its clients
- Great support
The bad
- Not for everyone
Final words and verdict
Verdict: Legit
Overall rating: (4 / 5)
Ok, I think that sums up the overall view of this company pretty good. It is absolutely a legit investment opportunity you got here. The rating 4 out of 5 stars is a good one, and rarely given on this website. This can of course change to an either higher or lower one in the future as we make sure to update our reviews as soon as any news comes up, on the particular company we have reviewed.
As always the decision is up to you to make,
Please just keep in mind that you should NEVER invest more money than you can afford to lose into ANYTHING. Stick to that rule of thumb and you will be just fine.
==> Sign up for a FREE Bondora account here <==
(€5 FREE to invest if you sign up through the link above link)
I hope you found this short review on Bondora to be helpful and now you should also have a better understanding on what it is and if it is something for you or not. If you have invested in the company yourself then please share your experience in the comment section below as it can help others. Also, if you got any other question about this review I will be more than happy to answer them below.
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I wish you success!
John
Founder of: $tart Make $top Waste
Hello John!
I’ve never heard of Bondora, so thanks for informing me about that. I live in the US, and I am familiar with similar business models, but it sounds like Bondora has amazing returns to their customers in interest payments. I’d like to consider investing in Bondora, but I’m not sure how to become an “accredited investor”. How does someone who lives outside of the US get the ability to invest in Bondora?
Think there should not be much of a problem, if you are not able to sign up, then simply ask their support, they answer fast.
/Sincerely
I’ve invested on Bondora since 2015. I’ve used portfolio manager and reinvested everything for 2 years. In the beginning I thought it was a good investment. Now I’m not so sure!! Take a look at my statistics: http://financiallyfree.eu/bondora_portfolio/ What do you think?
Hi Jørgen, hi John,
I’ve tried to make it different with Bondora, learning from the experience of investors like you who had many defaulted loans. I decided to avoid HR and very low rating loans and so far it worked fine, with less than 2% defaults. Of course, my yield is much lower than yours.
I found out that Bondora users can use the new “go & grow” tool to get a fixed 6,75% return (which is good, and money is said to stay available even while invested). Also old users can switch their portfolio to this tool, even if they would lose some money through the conversion (due to the defaulted loans on book). I guess you are an expert but I hope this can help some other reader anyway.
Thank you for your comment, yes this will absolutely help others,
Thanks again,
/All the best
I have never heard of Bondora until now. I am Canadian and not European so that may be why. The return on invested money seems to be really great. It is good to warn people not to invest more than they are prepared to lose. You never know what can happen with an investment. I don’t qualify for this type of investment but I would consider it if I lived in Europe.