Since the beginning of 2022, more than 3,000 investors have reportedly joined Robo.cash.
For the first quarter, investors’ earnings amounted to a record number and the platform reached a new milestone in financed loans.
On average, about 600 people a month have been “registered on Robo.cash since January.” The majority “come from Germany, Spain and France.”
Despite facing the expected monthly drop in registrations, Robo.cash has “onboarded almost 1,000 investors in January, and in May the platform reached a new milestone of 25,000 investors in total.”
The first four months of this year “brought a stable income to Robo.cash investors.”
Compared to the first quarter of 2021, the average earnings “increased by 69%.”
Since the beginning of operations in 2017, Robo.cash investors “have already earned more than 7 M euros.”
Natalya Ischenko, COO of Robocash Group, said:
“Since the beginning of this year, we have had many challenges in the countries where we operate. Our main goal was to maintain a quality service for investors, while keeping a balance with business needs, which we managed to do. In March, we achieved a milestone of 400 million euros in funded loans. With the current dynamics, we expect to reach a new pillar in the next six months.”
As covered, P2P consumer lending platforms are the “most stable” in their growth, while the business segment is “increasing faster than the others,” the team at Croatian lender Robo.cash claims.
Geographically, sustainable development is “mainly shown” by Croatian and Italian platforms, the Robo.cash team writes in a blog post.
In terms of the amount of attracted funds, the P2P market “is dominated by mixed-type platforms.” The largest companies “belong to this type, and they are also bigger in number. More and more platforms are opening up new directions, offering investors a wide range of options for diversification.”
According to a Robo.cash survey, a quarter or 25% of P2P investors are “actively involved in the ESG trend.”
At the same time, the survey by Robo.cash reveals that “most respondents take this criterion into account when choosing a P2P platform.”