Robo.cash marked positive start of Q4 2017 in the P2P lending market
The European P2P platform specialized in short-term investments Robo.cash marked the start of the Q4 2017 with a record growth of its investors’ number by having attracted 32% more the average figure and came close to hitting the milestone of € 100.000 earned by customers since the start of the platform.
Taking into account that 150 new investors on average join Robo.cash monthly, the October’s figure is 32% higher the average and comprised 198 customers that is 10 points more the previous record made by the platform in August 2017. By the moment, there are 1.268 registered investors.
The sum of attracted amounts continues growing too. There is 5% increase in comparison to the previous month and more than € 2.26 million attracted in total. In overall, investors funded more than 181.000 short-term loans issued in Spain and Kazakhstan. The average loan size is 81 Euro.
The income gained by investors came closer to hitting another remarkable milestone of the first 100.000 Euro. According to the performance results, Robo.cash customers earned € 23.500 in October that is 11.3% higher than in September. In overall, investors of the P2P platform earned more than € 96.000 since its launch in February 2017.