Last updated: 8 October 2026. Written by Sal Cocurullo, Bondora investor from 2016 to 2023.
Bondora is safe enough for a small, diversified slice of your money, but it is not risk-free. Its investor product now runs under the name Go & Grow and pays up to 6% a year. There is no deposit guarantee. I invested with Bondora from 2016 to 2023 and got every euro back, plus interest.
| Bondora in 2026 | Short answer |
|---|---|
| Is Bondora still operating? | Yes. Lending runs as Bondora AS, investing runs as Go & Grow |
| What can I invest in? | Only Go & Grow, up to 6% p.a., credited daily |
| Founded | 2008, Tallinn, Estonia |
| Deposit guarantee | None, capital at risk |
| Track record | Paid investors through the 2020 crisis, with partial payouts |
| My result | 2016 to 2023: all funds and interest returned |
| Verdict | A simple 6% tool for part of a portfolio, not a savings account |
Affiliate disclosure: RevenueLand earns a commission if you open an account through my link, at no extra cost to you. This does not change my assessment.
Bondora is financially solid in 2026. Bondora Group reported a net profit of €9.5 million in 2025, its ninth profitable year in a row. More than 516,000 investors have joined Go & Grow. One point to watch: in July 2026, 65.4% of new Bondora loans went to Finland, so the loan book is concentrated in one market.
Capital at risk. The 6% is a target rate, not a guarantee. New investors get €5 through the link: see the Bondora promo code and €5 bonus rules.
Bondora Go & Grow vs savings account
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Simulation only. Savings compounded yearly, Go & Grow compounded daily, constant rates, no withdrawals. The savings account is usually covered by a deposit guarantee up to €100,000. Go & Grow is not. Capital at risk.
Bondora Is Now Go & Grow: What Happened
Bondora split its brand in two. The investment product now runs as Go & Grow, on goandgrow.eu. The Bondora name stays on the lending side, for borrowers. Bondora did not close and did not default.
| Entity | What it does | Check |
|---|---|---|
| Go&Grow OÜ (formerly Bondora Capital OÜ) | Runs the investor product. Not a credit provider, does not issue loans. | Estonian Business Register, no. 12831506 |
| Bondora AS | Licensed credit provider, issues the consumer loans | Supervised by the Finnish Regional State Administrative Agency and the Estonian FSA |
| Bondora loan websites | Loans for borrowers | bondora.ee, bondora.fi, bondora.es, bondora.nl |
If you hold an old Bondora account, your money moved with the product. For the full Go & Grow details, read my Go & Grow review with the €5 bonus rules.
Is Bondora Safe? My 7 Years as an Investor
I invested with Bondora from 2016 to 2023. I tested Portfolio Manager, Portfolio Pro and Go & Grow. In 2023 Bondora closed my account after a KYC issue. It returned all my money plus interest.
My conclusion: Bondora is not a scam, and it pays. The account closure hurt my trust, not my money. The real weak point is transparency: you cannot see which loans sit inside Go & Grow.
Bondora Returns: Then and Now
Bondora returns dropped when it closed its loan-picking tools. My single-loan portfolios made 9% to 20% net. Today new investors can only use Go & Grow, at up to 6%.
| Product | My return | Status |
|---|---|---|
| Portfolio Manager | 9% to 20% net | Closed |
| Portfolio Pro | 9% to 15% net | Closed |
| Go & Grow | Up to 6%, credited daily, €1 per withdrawal | Open to new investors |
Higher returns came with higher risk. Many investors in Portfolio Manager ended up with risky loans they did not understand.
How Bondora Makes Money
Bondora AS lends to consumers in Estonia, Finland, Spain, the Netherlands and Latvia. Go & Grow investors fund fractions of those loans. Bondora earns at several points of a loan’s life.
This model works while borrowers keep paying and the company stays solvent. You can follow loan volumes and returns on the Go & Grow public statistics page.
What If Bondora Defaults?
The answer depends on how you invest. With single loans, you mainly carry borrower risk. With Go & Grow, you mainly carry company risk, because the loan mix is not disclosed.
| Risk | What it means for you |
|---|---|
| No deposit protection | Go & Grow is not a bank account. No scheme covers your money. |
| No buyback guarantee | If borrowers default, recovery can be slow or partial. |
| Liquidity risk | In a crisis, withdrawals can arrive in parts over weeks. |
| Company risk | With Go & Grow, your return depends on one company group. |
| Credit risk | The loans are unsecured consumer credit. |
I analysed this scenario in detail in what happens if Bondora defaults. For a wider comparison, see how safe P2P lending really is.
Affiliate link. Capital at risk. Not financial advice.
Bondora Reviews: What Other Investors Say
| Source | Main praise | Main complaint |
|---|---|---|
| Trustpilot | Easy to use, fast withdrawals | Slow or automated support replies |
| Reddit and P2P forums | Simple, hands-off 6% | Lack of transparency on the loan mix |
| My readers’ comments | Steady returns since 2018 | Partial payouts in spring 2020 |
Many bad reviews are old. They come from the Portfolio Manager years, when beginners built risky portfolios by mistake. Go & Grow removed that problem, but capped returns at 6%.
Bondora Taxes and Regulation
| Topic | Detail |
|---|---|
| Lender | Bondora AS, licensed credit provider |
| Supervisors | Finnish Regional State Administrative Agency, Estonian FSA |
| Investor product | Go&Grow OÜ, not a credit provider |
| Tax | Interest is taxable in your country of residence, not in Estonia |
| Losses | Some countries let you offset P2P losses, others do not |
Regulation covers the lending side. It does not turn Go & Grow into a bank deposit. Check your local tax rules before investing larger amounts.
Alternatives to Bondora
| Platform | Loan type | Return | Key feature |
|---|---|---|---|
| Bondora Go & Grow | Consumer loans, own loan book | Up to 6% | Daily returns, fast withdrawals |
| Mintos | 60+ loan originators | 9% to 11% | MiFID II licence, buyback on most loans |
| PeerBerry | Consumer loans | About 11% | Group buyback, mostly Aventus Group |
| Debitum | Business loans | 11% to 16.5% advertised | MiFID II licence, SME focus |
| EstateGuru | Property-backed loans | About 10% | Real estate collateral, longer terms |
I compare these platforms side by side in Mintos vs Go & Grow vs PeerBerry and rank them in the best P2P lending platforms in Europe. If you need capital protection, compare the best high yield savings accounts in Europe.
My Final Opinion on Bondora
| Bondora fits you if | Skip it if |
|---|---|
| You want a passive 6% product | You need capital protection |
| You value fast access to cash | You want to choose your own loans |
| You keep it to a small part of your portfolio | You seek double-digit returns |
Bondora worked as promised for me for 7 years. I would use Go & Grow today as one tool among several, never as the only one.
Disclaimer: RevenueLand does not provide investment advice. P2P lending involves risk, including loss of capital. Returns are not guaranteed. RevenueLand may receive a commission at no extra cost to you.
Frequently Asked Questions
Is Bondora safe in 2026?
Bondora has paid investors since 2008, including through the 2020 crisis. There is no deposit guarantee, so your capital is at risk.
Did Bondora change its name?
Yes, on the investor side. The investment product now runs as Go & Grow, managed by Go&Grow OÜ, formerly Bondora Capital OÜ. Bondora AS keeps issuing the loans.
Is Bondora still operating?
Yes. Bondora lends to consumers, and investors fund those loans through Go & Grow.
What happens to my money if Bondora goes bankrupt?
With Go & Grow you mainly carry company risk. Loan collections could freeze and you could lose part or all of your capital.
Is there a Bondora promo code?
Yes, it works through a link. New investors get €5 if they deposit at least €50 within 30 days. Full rules in my Go & Grow review.
Is Bondora good for beginners?
Yes. Go & Grow needs no loan picking and starts from €1. The trade-off is a capped return and no capital guarantee.
Where is Bondora based?
In Tallinn, Estonia. Bondora was founded there in 2008.
I shared this post to thank you for writing (as you suggested to do).
I’ve also followed the steps in your video. If I got it right, the key is to set in the “year of investment” to just 1 year, otherwise I would get too many HR loans. I love this tricks!!
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I’ve sold some of my HR Bondora loans at discount and I’ve switched it to go&grow before finding your blog. Is it still valid what you wrote here?
Are you the one in the picture above, Revenueland?
How can you be so sure the E an F loans go late?
I’ve just copied your setup. portfolio manager/ ultra conservative / 5500€/ monthly contribution 0/ years of investment 1/ accept condition/ start
Is it correct?
A clean explanation thank you
Please write the details on every rating class (if you have it) so everyone can choose accordingly to the personal risk appetite. I’d go for some D rated loans if I knew more about their performance (all I see is in the secondary market). There is nothing about it in your monthly newsletter so far. Like you I build a portfolio pro for every rating, this gives me control and I thank you for this tip
This looks complicated. Go e grow is easier and I am one of the first investors in the United Arab Emirates
Hello, can you share the percentage of overdue principal plus late interest and charges relatively of your total account value?
Of course, I am happy to share some numbers with you Luis. I can’t complain about my performance and my loans pay interest ranging from 8% up to 44%. 44%? Yes, I did some “D-E” rated loans secondary market test and it worked great. I can’t recommend to do it without some previous study. Here is my late loans pie chart: https://www.revenue.land/wp-content/uploads/2020/01/bondora-late-loans-revenueland.png and here is my cashflow: https://www.revenue.land/wp-content/uploads/2020/01/bondora-revenueland.png
In order to boost the performance and keep my loan list clean, from time to time I do some sales on the secondary market. Not waiting for late loans to be recovered can be convenient in some situations (🇫🇮…) because accepting a small loss by selling at discount is freeing my capital that I can reinvest in better loans.
I am starting Bondora right now. Can I write you a private message?
Credit offer for business expansion.
Hi there, just curious about the investment opportunities. What if I would put down 500k, of which I am thinking about – and for instance will get a 11.5% interest return per year. That would make after 2 years 621k. However, after two years, I still want to keep most profits in, but would also love to take 40% of the profits out. So still compounding, but just making sure that 60% stays reinvested.
What should I do then for the system not to reinvest the amounts after two years? Because if everything goes on auto-pilot, where can I interfere with the auto-reinvesting?
Your article seems solid! This is the only part I am a little hesitant about before starting to make a move with Bondora.
I answer as a Do-it-Yourself investor, not as a financial advisor.
I use Bondora and P2P lending for long-term investment.
If I had a time horizon like yours I would try to settle for a lower return in exchange for more flexibility.
Maybe I would try to distribute a 30% on Bondora go & grow 4% and the remaining 70% in loans (mostly Estonian) with AA-A-B ratings and a few C.
When I activate the Portfolio Pro I am free to stop one (or all) of the portfolios in it at any time and immediately with 1 click.
The point is that the loans I have acquired should be kept until maturity (normally 36 months).
Alternatively, if I am in a hurry to liquidate them before maturity, I can sell them on the secondary market.
With such a setup I should be able to get approximately 9% per year without maintenance.
Of course I find it very wise to distribute my portfolio also on other platforms like Mintos and Estateguru because the risks of when I invest in loans are not negligible.
Limiting the portfolio up to a certain amount is also a possibility with both Go & grow and Portfolio pro.
I’ve only used their Go & Grow feature as my “backup” money is in Bondora, it’s a good way for me to earn an extra 4% interest on the money I may need in the future. For example, my car broke down and I had to get it repaired, cost me $3,000 which I withdraw from Bondora Go & Grow, these $3,000 been generating interest for 6 months. Sure it’s just $100~ but that’s free money. My Go & Grow portfolio is around $15,000 so it’s some interest at least, around $85 a month.
I might try out their other features after this review as well, thank you.
I am very happy with Bondora, people complaining did not understand it (or didn’t read you good blog)
Hey Abram, thanks for the nice words!
Olá! Gostaria de partilhar a minha opinião sobre a Bondora
Já tenho 18 meses de investimento na Bondora, e esto muito satisfeita.
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