Post by coolrunning on Oct 12, 2017 20:58:55 GMT
I loved this statement in today's blog:
"Bondora’s API interface, which allows users to rely on more granular analytics, represented just 0.71% of investments for the month. This figure is a drop from previous months. In December of 2016, for example, the API tool represented 5.64% of investments. Part of the reason for declining interest in the API function is due to our development of the Portfolio Pro tool which allows investors to accomplish the same goals but with a simpler interface."
The reason why the use of the API to buy investments fell dramatically was the (very late) introduction of the new options for SM sellers to cancel offers for sale when the loan makes an unexpected repayment.
I used to suffer from API users snapping up my discounted sale offers when an unexpected repayment came through.
I for one rejoice in these new options and will make more sell offers on the SM in the future.
"Bondora’s API interface, which allows users to rely on more granular analytics, represented just 0.71% of investments for the month. This figure is a drop from previous months. In December of 2016, for example, the API tool represented 5.64% of investments. Part of the reason for declining interest in the API function is due to our development of the Portfolio Pro tool which allows investors to accomplish the same goals but with a simpler interface."
The reason why the use of the API to buy investments fell dramatically was the (very late) introduction of the new options for SM sellers to cancel offers for sale when the loan makes an unexpected repayment.
I used to suffer from API users snapping up my discounted sale offers when an unexpected repayment came through.
I for one rejoice in these new options and will make more sell offers on the SM in the future.