Go & Grow
P2P Lending Review

If you searched for “Bondora review” and landed here, you are in the right place. Go & Grow is the direct successor to what was previously known as Bondora Go & Grow — the same product, same loans, same team, same target return.

Bondora was founded in 2008 in Tallinn, Estonia by Partel Tomberg, making it one of the oldest peer-to-peer lending platforms in Europe. It started as a classic P2P marketplace where investors selected individual loans and earned interest directly — a model similar to what Mintos operates today. Over time, as the complexity of loan selection put off mainstream investors, Bondora developed Go & Grow in 2018: a simplified pooled product where investors deposit money and earn a fixed target rate without any loan selection. Go & Grow became overwhelmingly popular, eventually accounting for the vast majority of investor activity on the platform.

By 2024-2025, Bondora Group made a strategic decision: the original Bondora brand had become associated in different people’s minds with different things — the old P2P loan marketplace, the new simplified product, and the Estonian consumer lending business. To clarify the proposition, they separated the investor-facing product into its own brand. On April 20, 2026, Go & Grow launched as a standalone entity under Go&Grow OÜ at goandgrow.eu. The Bondora brand now refers to the consumer lending business — the company that originates and services the loans — while Go & Grow is the investment product built on top of it.

Nothing changed operationally. Existing Bondora investors kept their accounts, balances, and login credentials. The loans powering Go & Grow are still Bondora loans, underwritten by Bondora’s models, serviced by Bondora’s team. The rebrand is a structural and marketing decision — not a change of ownership, management, or investment product. Bondora Group AS, the parent company, remains the same profitable, KPMG-audited business it was before.

Go & Grow is the simplest investment product in the European P2P lending space — and it knows it. Launched in 2018 by Bondora Group, which has been originating consumer loans since 2008, the product is built on a single premise: you deposit money, it earns up to 6% per year, paid daily, and you can withdraw whenever you want for a flat €1 fee. No loan selection. No originator due diligence. No secondary market to navigate. The platform does everything automatically.

As of April 2026, Go & Grow operates as a standalone brand under Go&Grow OÜ at goandgrow.eu, formally separated from Bondora Group. The product, underlying loans, and the Bondora team managing them are unchanged — the rebrand is a structural and brand decision, not an operational one. Your account, login, and balance remain exactly the same.

The numbers behind the platform are substantial for a product that markets itself on simplicity: €2.09 billion invested, €186 million in returns paid to investors over the lifetime of the product, and 512,000+ investors across Europe. Platform momentum remains strong: €40.36 million was invested in the last month alone, with €491 million in annual growth. The parent company — Bondora Group AS — reported 2025 revenue of €62.7 million (+19% year-on-year) and net profit of €9.5 million, up from €1.2 million in 2024, with clean KPMG audit. The company has been profitable for 8 consecutive years. This is not a startup. It is one of the most financially stable fintech lenders in Northern Europe.

The platform positions itself between bank deposits and stock market investing — higher return than a savings account, lower volatility and complexity than equities, but with a different risk profile than either:

Source: Go & Grow website. Bank deposit rate based on ECB EU average household term deposit rate, Q1 2025. Stocks return based on long-term S&P 500 average adjusted for inflation.

The Goals feature launched in April 2026 is the most significant product update in years. It allows investors to separate their balance into named pots — for example “Emergency Fund”, “Holiday 2027”, “House Deposit” — each with its own target and date, while the entire balance continues earning the same 6% target. This brings Go & Grow closer to the savings pot functionality popularised by challenger banks, without changing the underlying investment product.

The target return is up to around 6% per annum, paid daily. Since April 2025, there are no monthly limits or tiered rates — every euro earns the same rate from day one. This simplification was made permanent after a temporary trial in September 2024 proved popular. The 6% target has been maintained consistently since launch in 2018, including through the COVID period (though with temporary partial payouts in early 2020) and the high-interest-rate environment of 2022-2024.

The rate was reduced from 6.75% to 6% in April 2025, which was a notable disappointment for existing investors. The current 6% is lower than some competing P2P platforms (Mintos and PeerBerry offer 10-12%) but the trade-off is meaningful: Go & Grow offers a simpler product, no originator selection complexity, and daily liquidity that most higher-yield platforms cannot match.

Tax treatment is an important and often-overlooked feature. Unlike most investments where interest is taxed as it accrues, Go & Grow is structured so that you only pay tax on the amount you withdraw above your total invested capital. If you invest €5,000 and withdraw €4,500, you have not realised any profit and owe no tax. Only withdrawals exceeding your total invested amount are taxable as interest income. This compound-friendly structure allows your full balance to grow without annual tax drag — though tax rules vary by country and investors should verify treatment in their jurisdiction.

Go & Grow presents risk differently from most P2P platforms — you never see individual defaults, and the daily returns create a savings-account feel that can make it easy to forget this is a capital-at-risk investment. Here are the risks that actually matter:

Credit risk (loan defaults): As of July 2026, 28.3% of Bondora’s loan portfolio is in recovery — meaning those loans are not performing as expected. This sounds alarming, but it does not directly translate to your return, because the reserve buffer mechanism absorbs defaults before they hit investors. The 6% target has been maintained. However, if the default rate significantly worsened, Bondora could reduce the target rate or temporarily restrict withdrawals.

Liquidity risk: Go & Grow maintains a liquidity buffer to support near-instant withdrawals. This buffer held through COVID in 2020 — withdrawals were processed via partial payouts for three months rather than being frozen entirely. In a severe stress scenario, your access to capital could be delayed, not blocked entirely. This has only happened once in 17 years.

Platform & insolvency risk: Go&Grow OÜ itself has no specific regulatory licence — the website is explicit about this. Bondora AS (the loan originator behind the product) is regulated by the Estonian FSA (EFSA), Finnish FSA, Latvijas Banka, and holds operating licences in Denmark and Lithuania. Your funds are held in segregated client accounts at AS LHV Pank — Estonia’s largest domestic bank — separate from Bondora’s operational capital. Critically, the website states that investors legally own the loan claims, not Bondora Capital: in the event of Bondora insolvency, those claims are not part of the bankruptcy estate and remain yours. This is stronger protection than a simple segregated account structure. There is no investor compensation scheme equivalent to Mintos’s €20,000 MiFID II coverage, but the legal ownership of loan claims is a meaningful structural protection.

Rate risk: The 6% target is not contractual. Bondora can reduce it at any time. It already did — from 6.75% to 6% in April 2025. In a lower-rate environment, further reductions are possible.