Bondster Review

What is Bondster?

Bondster is a P2P platform from Prague in the Czech Republic, founded in 2017.

It brokers P2P loans between investors and loan intermediaries (loan originators), who have no economic connection with the platform.

Since the platform only offers loans from intermediaries, it is also called a P2P marketplace.

Since its inception, the platform has funded more than €155 million worth of loans and is one of the small P2P platforms in Europe.

How does Bondster make money?

Bondster makes its money through fees charged to investors and to loan brokers.

Who owns Bondster?

Bondster is owned by the private equity company CEP Invest Private Equity.

How safe (reputable) is Bondster? Is Bondster legal?

Bondster is regrettably not regulated by an official financial market regulator, which typically dispels any doubts about its safety.

However, since the platform has been able to finance loans worth more than €155M since its inception, there is no doubt on our part about its safety and legality.

How does Bondster work?

Before you can invest on Bondster, you must first register and deposit money into your account via a bank transfer.

Furthermore, with your first transfer you also confirm the bank account to which you can withdraw money in the future.

Bondster only requires a minimum investment amount of 5 €, otherwise you do not have to observe any other conditions.

And it is up to you whether you want to invest manually or automatically.

There are two markets available for investing on the platform: The primary market (initial issuance of loans) and the secondary market (loans from other investors).

How can I invest on Bondster?

On Bondster you can choose each loan you want to invest in individually.

This can make sense especially in the beginning if you want to invest your amount quickly.

In addition, you can use the secondary market if not enough loans on the primary market meet your expectations.

With the Auto Invest function you can automatically invest in the offered loans.

It is convenient that you can either choose from preset strategies or create your own strategy.

The preset strategies differ in return and risk and you can choose from:

• Diversified,

• conservative and

• High-yield.

If you don\'t like any of the strategies, you can create your own strategy with different settings.

The most important ones in our opinion are:

• Investment per loan,

• interest rate,

• country,

• Credit intermediary (provider),

• loan type and

• Buyback Guarantee.

Overall, we find Auto Invest a bit overloaded and beginners will probably be overwhelmed.

However, we like the fact that Auto Invest can be used for both the primary and secondary market.

Only a few platforms offer this, which includes Mintos, for example.

What are the warning signals to watch out for with Bondster?

At the current time, we have not noticed any warning signals with Bondster.