Bondora launches Go & Grow Pocket with insurance coverage

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Bondora has introduced a new product called Go & Grow Pocket. It works as a separate product alongside the regular Go & Grow account, offering an expected return of 4.89% per year. The key selling point of Go & Grow Pocket is an insurance coverage of up to €25,000 through Balcia Insurance SE. This is an insurance policy, not statutory deposit protection.

For context: The coverage only applies in the event of a defined insured event and is subject to the terms, coverage limits, and exclusions of the policy. However, these insurance terms have not yet been published, as they are still being finalized with Balcia.