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Sunday, April 14, 2024

Bondster apologies for IT glitch that stopped transactions being processed

Bondster has apologised to traders for a technical glitch that prevented some transactions from being processed final Tuesday.

The Czech peer-to-peer lender stated that it has been rolling out a number of enhancements which led to an surprising drawback referring to the functionalities of the platform.

Consequently, it needed to disable the consumer interface briefly, which resulted in some investor transactions not being processed on that day [3 October].

Learn extra: Bondster upgrades ITF Group’s credit score danger ranking

Nevertheless, Bondster stated it needed to guarantee traders that every one funds from unprocessed transactions remained in consumer accounts.

It has requested the affected traders by way of electronic mail to test whether or not transactions that day had been accomplished. If a transaction was not accomplished, the investor must carry out it once more.

Learn extra: Bondster rewards traders for suggestions

Bondster added that the web site is now operating with out errors.

The platform has had a busy few months, introducing a number of traders incentives and including new originators. 

Bondster has nearly 19,000 traders who’ve put €179.1m (£154m) into the platform to this point. The platform’s common annual return is 13.4 per cent.

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