Robo.cash Tops €300 Million in Funded Loans

Robo.cash has shared that during the month of September the platform surpassed  €300 million in total funded loans. According to the company, September has also recorded another achievement as it topped 19,000 investors.

Sergey Sedov, CEO of Robocash Group, issued the following statement:

“The platform received its first 100 M euros of funded loans two years after launch. After a year and a half, we have passed the 200 M mark. Now we are pleased to announce that we have reached a new milestone in less than 9 months. These results show that we are moving in the right direction. Thus, we follow market trends, integrate new products and bring even better transparency to our investors who are largely involved in these achievements.”

This past May, Robo.cash introduced two new types of loans to invest in – “Buy Now, Pay Later” (BNPL) and salary-linked loans. They are placed by the service UnaPay launched by Robocash Group in the Philippines.

Robo.cash reports that the volume of loans financed through the platform increased by 46% MoM since the addition of the two new products. Investors of the platform have already funded almost €1.8 million of such loans.

In August, Robo.cash reported  €13.4 million of funded loans, which is 105% more than in August 2020.

 

 

 

 

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