Posted by Bondora has significantly simplified its investment offering over the past few years.
The two Portfolio Builders (Portfolio Manager and Portfolio Pro) were discontinued in February 2023, followed by the official closure of the API and the secondary market in September 2025.
What remained is the Go & Grow product, introduced in 2018, which has since grown into one of the most popular investment options for retail investors across Europe. Personally, I use Bondora Go & Grow for the liquidity-focused portion of my P2P portfolio, alongside Monefit SmartSaver.
This week, the Estonian P2P platform announced that Go & Grow will be spun off from the Bondora Group as an independent company.
What is behind this decision? And what does it mean for investors?
Below, I share my personal assessment.
What Has Bondora Officially Communicated?
According to the official announcement, the legal entity behind Go & Grow (Bondora Capital OÜ) was renamed Go&Grow OÜ on 20 April 2026. Going forward, this entity will operate as an independent brand outside the Bondora Group.
From 20 April 2026, the legal entity behind Go & Grow, Bondora Capital OÜ, has been renamed Go&Grow OÜ and will soon operate as an independent brand outside the Bondora Group.
Bondora has also communicated that nothing will change for investors in the near term.
The Go & Grow account, the app, the sign-in process, available balance, existing investments and withdrawals all remain unaffected. The target return of 6% p.a. and the liquidity model remain unchanged as well.
What will change is the name of the legal entity (now: Go&Grow OÜ), a new domain (www.goandgrow.eu), emails and documents sent under the updated brand name, and a gradual visual rebrand.
What Is Behind This Decision?
The key question is: Why has Bondora made this move?
In the official announcement, the platform states:
Over time, Bondora has developed into two strong, clearly established areas of business:
- a responsible consumer lending business, operating across multiple European markets,
- and Go & Grow, which provides a simple, trusted way for customers to access a diversified portfolio of loans, issued by Bondora.
As is typical for Bondora, the answer only partially hints at the actual motivations.
From my perspective, three drivers could explain this decision:
1. Regulatory Clarity
Since its launch in 2018, Go & Grow has operated without a product-specific regulatory licence. Bondora has previously acknowledged on multiple occasions that there is currently no specific regulatory framework that directly applies to the Go & Grow product. A standalone legal entity could navigate a future licensing process far more cleanly than a product embedded within a complex group structure.
2. Banking Licence as the next Step?
Bondora has signalled for years that obtaining a banking licence is a long-term ambition. For example in my conversation with Bondora CEO Pärtel Tomberg from June 2024. An independent legal entity would be a structural prerequisite for any such application.
3. Scaling and Capital Structure
A standalone company can be capitalised, valued, and potentially taken public when the time is right. Bondora has never categorically ruled out this option in past Q&A sessions. Even if it is not the immediate intention, the platform may be laying the groundwork for future flexibility.
What Does This Mean for Investors?
On the surface, nothing changes for investors. But let’s take a closer look.
Here is how I see the implications across three time horizons:
Short Term: Nothing.
Returns, the liquidity promise and all other product features remain unchanged. Investors can continue using Go & Grow exactly as before and do not need to take any action.
Medium Term: Some open Questions.
The separation into two legal entities with distinct governance structures does raise legitimate questions:
- Under what conditions can the cooperation agreements between Go&Grow OÜ and the underlying lenders be amended and how transparent will that process be for investors?
As long as Go & Grow was part of the Bondora Group, the collaboration with the lending business was governed internally: No external contract, no notice periods, no third party involved. With the legal separation, this collaboration becomes a contractual arrangement between two independent companies.
Bondora has only stated that the cooperation will remain “unchanged”. No details about the contractual structure have been shared yet.
- Who is liable in an extreme scenario such as insolvency? And to whom?
On the product FAQ page, Bondora addresses the insolvency scenario as follows:
Your money is protected. Even in the highly unlikely event that Bondora Capital OÜ becomes insolvent, your investments remain yours. This is because investors — not Bondora Capital OÜ — are the legal owners of the loan claims. […] The claims are not part of Go & Grow’s bankruptcy estate.
This is the official position. How it would hold up in practice is something no P2P product has had to prove yet.
Long Term: Potentially more Security.
Should Go & Grow eventually obtain a banking licence or a product-specific supervisory licence, that would be a significant upgrade with a deposit protection being the obvious implication.
My Conclusion
The Go & Grow spinoff is not a red flag. Actually, it’s quite the opposite.
Bondora is transforming an internal product division into a standalone company with a clearer identity, a cleaner regulatory profile and greater strategic flexibility.
For the majority of investors using Go & Grow as a simple, accessible liquidity buffer, nothing changes operationally. At least for now.
Looking further ahead, this move could mark the beginning of a broader regulatory and licensing journey, one that could significantly improve the product’s risk profile over time.
Additional Information:
- My Platform Review: Bondora Review
- My Product Review: Bondora Go & Grow Review
- Official Communication: Go & Grow Announcement
I’m Denny Neidhardt, the founder of re:think P2P. On this blog, I help retail investors make smarter, well-informed investment decisions in the world of P2P lending. Since 2019, I’ve been publishing in-depth analyses, platform reviews, and risk assessments to bring more transparency to this investment space. My goal is to challenge marketing claims, question developments, and empower investors with honest, independent insights.
Thanks Danny. I remember there was talk of the merger between Bondora and Mintos, can’t there be something about it?
That has been an April Fools’ Day joke on my end.