Why is Bondora applying for a banking license?

Pärtel Tomberg
Replied byPärtel Tomberg

CEO & Co-founder, Bondora at Bondora

Niche: Finance
Revenue: $1M+/month
Location: Germany
Started: 2009

A banking license increases trust, regulatory clarity, and long-term credibility. It also enables easier expansion across Europe. This is a strategic decision to build a stable foundation for the next decade, not a short-term growth tactic.

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