Challenging 2022 spurred Robo.cash growth
The volume of investments on Robo.cash in 2022 increased by 34% compared to 2021. The investor base has grown significantly, approaching a new milestone of 30 thousand.
In 2022, platform investors purchased €198M worth of loans, which is 50M more than in 2021, and set a new monthly record in December - €18.7 M. According to the P2PMarketData statistics, Robo.cash is now ranked fifth in the European P2P market with a total investment of €554M since launch.
Last year, 7.5 thousand investors joined the platform, which is 10% more than in 2021. At the end of December, the total number of Robo.cash users amounted to 29.5 thousand people. Together, they earned €6 M in 2022.
During the year, the share of funds in loans for a period of 1 to 2 years increased noticeably - from 5 to 15%. At the same time, most investors still prefer loans for a period of six months to a year.
At the end of 2022, the platform's outstanding portfolio amounted to €67 M.
“The events of 2022 forced people to reconsider their investment strategies and choose reliable and less risky products. Our main focus was to guarantee the safety of investors' funds and fulfill all obligations in a timely manner. The increased demand on the platform shows that we have successfully completed this task, although this does not mean that the challenges are over”. - comments Nadezhda Vlasenko, Product Owner.“Ensuring maximum investor protection remains one of our priorities in 2023. We will also continue to improve the product, as our goal is to offer a simple and convenient tool for constant earnings, so that both experienced and novice investors can effectively manage their funds”.