Robocash blog

The latest news about the platform and its results
2019-07-30 The Peer-to-Peer Era: how P2P lending developed

The P2P lending market is growing rapidly: according to forecasts, its annual volumes can reach $898 billion by 2024. Although the low base effect is gradually weakening, and the average global growth rate has reduced from 250% to 30–50% a year, the market is still far from being saturated. Today, we will look into the development of P2P lending and the reasons for such a big interest of borrowers and investors in it.

2019-05-23 Global recession — a challenge for fintech

The last decade has become an era of rapid development of financial technologies. According to CB Insights, in 2018, fintech companies attracted $39.57 billion from venture funds, which is 2.2 times more than in the previous year. The total turnover of two leading payment systems, PayPal and Ant Financial has steadily exceeded $100 billion in recent years. Even the ultraconservative investor Warren Buffett admitted that it was a mistake to ignore the opportunities of investing in fintech.