Croatian P2P Lender Robo.cash Reports that Investors Funded €9.6M in Loans via Platform in Feb 2021

Croatian peer to peer lender Robo.cash has revealed that it finished the month of February 2021 with new records and has continued its loyalty program.

Robo.cash notes that in February, their investors funded €9.6 million worth of loans, which is reportedly the “second-best result” in the platform’s history.

As mentioned in a blog post by Robo.cash, 633 different investors joined Robo.cash which is also an “absolute record in the 4 years.” Robo.cash platform investors managed to earn €127,000 “making up €2.8 million in total,” the company revealed.

Robo.cash confirms that it recently turned 4 years old (on February 21, 2021). To celebrate this event or milestone, the platform introduced a “Birthday bonus” campaign for its investors. So, if you invest with Robo.cash, you may earn tickets for “every 500 euros invested, and increase your chances to win 1,000 euros.”

Robo.cash further noted that they’ve changed their product line: since February 12, 2021, their  investors can “diversify their portfolio with loans up to 720 days in term and up to 12.7% interest rate.” As explained by the company, the “longer the loan term, the higher income you get.”

The P2P platform also confirmed:

“A new loan originator joined Robo.cash in February. LLP MFO Robocash.kz is working in partnership with RC Riga placing loans of 7 to 720 days. It is expected that the loan originator will gradually replace the existing loan originator from Kazakhstan LLP MFI TezFinance.”

Robo.cash pointed out that their website now has a fresher look to it, which is something they claim to have been working on for a long time. The company added that they’re now working to update investors’ profiles and the dashboard, so if you’ve got something in mind that you may like to see there, then you may share your ideas via this form.

While commenting on its loyalty program, the company noted that when seeing the interest of their existing and new investors for the initiative, they’ve  decided to extend it further. The program does not have a set due date, Robo.cash added, while noting that “the terms and conditions are not changed.”

As reported last month, Robo.cash said it would offer interest rates of up to 12.7%. It had also announced updates to its secondary market.

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