August was marked by growing investor activity and “big changes.” according to an update from Robo.cash.
Robocash revealed that loans worth €17 million were purchased last month. And 640 investors “registered on the platform, which is 14% more than in previous months.”
Robo.cash investors earned €610,000, the update from Robocash revealed.
Robocash Group also appointed Natalya Ischenko as their new CEO. Sergey Sedov remains in the Group “as Chairman of the Board Committee.” The company also “announced the appointment of a new Chief Financial Officer, a Chief Investment Officer and Regional directors.”
On August 24, 2022, Robo.cash “lowered interest rates on Robo.cash. The updated rates now “range from 8% to 13%.” You may find the current breakdown here.
You can check your portfolio settings “to ensure your funds are invested properly.”
Last month, Robo.cash had also conducted an interview with the new CEO of Robocash Group, Natalya Ischenko.
In an interview with Marco Schwartz, Dmitry Balakhnin, Strategic Communications Director of Robocash Group, spoke about “what distinguishes P2P lending from other assets and what plans Robo.cash has for the coming years.”
As covered, Robo.cash notes that since the beginning of 2022, P2P investments have increased their share in investor portfolios (considerably more than other assets).
At the same time, when planning their future expenses, investors still “trust stocks more,” the team at Robocash wrote in a blog post.
Against the backdrop of a market downturn, “more than half of European P2P investors have already reshaped their portfolios,” the update from investment platform Robo.cash revealed. Compared to other assets, the share of P2P investments “showed an increase for the majority of respondents (42%).”
Robo.cash analysts also mentioned:
“It is likely that in the current conditions of global instability, investors choose P2P based on the combination of profitability, security guarantees and ease of use. Cryptocurrency reduced its share in investor portfolios the most (23%), which is explained by the protracted drop of quotations.”
They added:
“When comparing investor portfolios in 2021 and 2022, P2P investments also come out on top with a total share of 26%. ETFs show the largest decline in popularity (from 25% to 2%). Apparently, this is a direct consequence of the general decrease in the stock markets.