LendingRobot started its existence as a portal for peer-to-peer loan investors seeking to provide sophisticated tools for investors interested in the asset class. For a time, it was controlled by Fintech Nexus (LendIt or Lend Academy), which parted ways with the firm when Lime Financial acquired it in 2022.
This week, it appears that LendingRobot is re-entering the online investment space with the re-launch of its “ultimate alternative investment marketplace.”
LendingRobot, a registered investment advisor, is now poised to offer a broader realm of alternative investments, including P2P loans, real estate, collectibles like wine, jewelry, and more. LendingRobot will also offer equity and debt in private firms.
As a service, the company will also offer an Individual Investment Portfolio (IIP), a “structured bond and options product.” An arbitrage offering is in the works, too, for a minimum investment of $100,000.
While some offerings require a higher ticket, others, like P2P loans, ask for a lower amount ($3000), and linked your Prosper account only needs $100 in assets.
Currently in “extended beta” is LendingRobot’s “multi-asset alt robot” that automatically invests in loans at various online marketplaces, including Real Estate, P2P and Whisky/Wine. The Alt Robot has three different strategies contingent upon the level of risk, with Conservative targeting an 8% return; Balanced 9% and “Assertive” 10% return. The Multi Asset Robot requires just $3000 to start an account.
For the moment, LendingRobot is working with Prosper, Groundfloor, and Vint, but it looks like the company is working to add more options.
