Bondora broke a record for the second consecutive month. Bondora’s efforts now seem to be paying off. The number of investors is rising almost exponentially and this is now also reflected in the investments made on Bondora. In total, more than € 20 million was invested in a single month in the month of October 2019. A remarkable achievement and just another proof that Bondora is doing a lot right.
One record after another
Only recently was the record broken with 10 million investments per month. But October 2019 surpasses this record. In October, € 20,611,382 was invested, of which € 15,796,523 alone in the popular package GO & GROW. Thus, the investment volume of GO & GROW recorded an increase of more than 40% compared to the previous month! It seems that more and more people are looking for an alternative to their call money account and have found a way with GO & GROW.
Popularity of GO & GROW
Due to the low-interest-rate policy, many investors have no choice but to take some risk in order to generate a return. The Bunds give negative interest rates, banks demand from customers money, that they store their savings on the bank. If you want to know more, you are welcome to read our article about the current interest-free yield.