According to a recent survey completed by the P2P platform Robo.cash dedicated to the financial results in 2019, over half of European P2P investors said that the alternative lending brought them the highest returns last year. The company expects that despite the coronavirus pandemic, the segment will keep the leading positions in 2020.
Due to recent changes in the legislation of Kazakhstan concerning microfinance activity, Robocash Group suspends operations of the loan originator LLP Z-Finance. From now on, lending services of the group in the country will be provided by LLP MFI Tez Finance.
While financial markets are experiencing instability due to the coronavirus epidemic, it seems that European P2P investors have not been affected by the situation. According to a poll of the P2P platform Robo.cash, 76.4% of them continue investing as before, without making any changes to their portfolios.
Two months ago, investors of the P2P platform Robo.cash got an opportunity to invest in the offer of a Singaporean company of Robocash Group. During this time, they have funded 2.1 mln EUR of its loans, which is just over a fifth of the total investment volume on Robo.cash.