One Million Euro investments raised
The fully automated European P2P-lending platform ROBO.CASH succeeded to invite funds of 1 Million Euro in 5 months since its launch in February 2017.
The alternative lending platform ROBO.CASH started its work within the frames of the EU in Latvia in February 2017. It is a part of the international financial holding group, founded by entrepreneur Sergey Sedov. The group includes affiliated credit companies in Spain, Russia, and Kazakhstan, that are specialized in PDL- and Installment-loans with an interest rate on investments up to 14% per annum.
More than 500 investors joined the platform and 59,107 loans were purchased within the operational period from February till the 28th of June 2017. The total amount of transactions on the website has reached more than 2 Million Euro and continue its growth.
ROBO.CASH is based on the ‘peer 2 portfolio’ model. The fully automated mode is designed to save time of its investors. It takes an investor to set the parameters by selecting country, minimum and maximum value of investments, interest rate, etc.
The company designed a clear and open working model for its investors. The creditor interest is 547.5% per annum on average without any risks of possible non-return of funds from the borrowers. An investor receives a guaranteed return of investment of up to 14% per annum, even if the loan repayment is delayed by more than 30 days.
"Full automation of the service saves time of ROBO.CASH investors and becomes their advantage. Thanks to the short loan period a high turnover of capital is provided. Therefore, ROBO.CASH investors can freely dispose their investments,"- Sergey Sedov noted.