What is the Secondary Market?
If you joined Bondora after 24 August 2022, you wouldn't have access to Portfolio Manager or Portfolio Pro., and thus, won't need to use the Secondary Market. Instead, get the most out of automated investing and earn up to 4%* returns p.a. with Go & Grow Unlimited.
Portfolio Manager and Portfolio Pro is closed for new investments from 27 February 2023. If you invest using Portfolio Manager or Portfolio Pro, please note that the Secondary Market will remain open, and you’ll still receive loan payments from your portfolio. But you won’t be able to reinvest them into those two portfolios. However, you can transfer your portfolio to Go & Grow or Go & Grow Unlimited.
You can get secondhand loans too! Bondora has an active marketplace between investors where you can sell and buy the shares of loans.
Experienced investors use the Bondora Secondary Market to exchange their loans amongst themselves, which they previously acquired through the Portfolio Manager, Portfolio Pro, manual investing, or the API. If you want to sell loans from your portfolio or buy them from others, the Secondary Market is the place to go.
If you’re thinking of investing manually via the Secondary Market instead of using our other options, please be aware that this is a high-risk strategy that often results in a lower net return (and even losses). In the rest of the Secondary Market support articles, we’ll walk you through the options and functions available to you and what you should pay attention to.