On the 16th of March, Robo.cash contributed to the European conference LendingUP! speaking about complementary models and options of marketplace lending for enhancing the customer proposition. According to the financial experts of the traditional banking and P2P lending markets who gathered at the conference together, cooperation between banks and fintechs, smart automated and transparent solutions will stay in focus.
The investment service Robo.cash outlined the results of the first year in operation on the European P2P lending market: 2.000 investors from the EU and Switzerland invested over €3 million in the issue of 330 thousand short-term PDL-loans in Kazakhstan and Spain. The results and the platform dynamics are considered to prove the growing demand for complex automated solutions in the global alternative fintech.
The P2P lending is turning to a significant source of additional income for the growing number of the European investors. According to the research carried out by analysts of the platform Robo.cash, this occurs due to the rising share of young investors in the market.
The platform Robo.cash operating at the alternative lending market of the European Union since February 2017 is now open for investors from Switzerland. In this respect, it is believed that the Swiss investors will appreciate the opportunity to diversify a portfolio with cross-border investments in high-turnover PDL-loans.
According to the study on the behavior of investors of the European P2P platform Robo.cash, the investment tactics in the P2P lending: the actual volume of investment, the quantity and size of deposits and withdrawals of funds from the platform, directly correlates with the age of a particular investor, as well as the level of trust in the investment site.
The alternative lending platform Robo.cash specialized on the fully automated investments in short-term loans started its work in Latvia in February 2017. According to the results of its work in 10 months, the platform has attracted more than 1.500 investors and over € 2,5 million.
According to the survey of the P2P investors which was conducted by the platform Robo.cash, investors stick to the automated investment process. First of all, this can be explained by its simplicity for users and intention of investors to save time and keep money at work.
According to the scheme of the affiliate program, a verified webmaster receives 5 Euro for each registered user, who followed the provided link. Additionally, there is a calculated bonus for the amount of investments.
There is the fourth type of the automated investments which has become available for investors of the platform. The realized function supports reinvesting of the principal amount with a simultaneous withdrawal of earned interests. The new strategy is designed to provide investors of the European ‘peer-to-portfolio’ platform Robo.cash with a wider range of possibilities within the automated investments.
According to the study of the growing market of the alternative finance, conducted by the European P2P platform Robo.cash, Switzerland, Latvia, Russia and Argentina are expected to join the global alternative lending market in the coming 2-3 years.