The movement “Financial Independence and Early Retirement” is becoming more and more popular worldwide. The idea to generate independent passive income, which allows to retire in the mid of working age, has always existed. FIRE in its current form appeared in the late 1980s-early 1990s.
70.2% of potential and actual European investors access websites of P2P platforms via desktop computers as well as laptops. Among online visitors using mobile devices, 25.0% prefer smartphones and 4.8% - tablets. These are the statistics of the European P2P platform Robo.cash.
There is a steady growth in peer-to-peer lending. Ten years ago, there were only few tech companies with investors who had relevant experience, but the situation has changed. The leading p2p platforms demonstrated their stability in crisis times, added new products and are ready to collaborate with the government authorities. Robo.cash studied the changes on the market and existing expectations of investors.
The number of loans financed through the European P2P platform Robo.cash has reached 1 million. For the first five months of 2019, the platform has shown a 26%-increase in the number of funded loans and a 54%-increase in the amount of new investors, compared to the same period last year.
The European P2P platform Robo.cash has financed €100 mln of loans. The platform's data for the first seven months of 2018 and 2019 show an upward trend: this year, the volume of funded loans has grown by 74.5% and amounted to €41.9 mln. Along with other reasons, this can be explained by the increasing demand for online lending, which creates more opportunities for P2P investors.