60% of European investors learn to manage finances on their own

A survey by the European P2P platform Robo.cash showed that 60.4% of P2P investors gain knowledge in finance on their own. In overall, 89.2% of respondents have some form of financial background, which allows them to make informed investment decisions independently.

According to the survey conducted by the P2P investment platform Robo.cash, 89.2% of investors have knowledge in finance. Among them, 60.4% educated themselves, 8.9% studied finance at university and 7.7% work in this field. Another 3.8% of respondents received financial advice from professionals. Only 10.8% of respondents claimed having no financial background at all.

Analysts of the company point out that the level of financial literacy among the P2P investors is rather high. According to S&P findings, the share of adult population in Europe having a basic understanding of financial concepts amounts to 52%. The highest literacy rates in Europe are seen in its northern part - 65%. At the global level, only 1 out of 3 adults are considered to be financially literate. 

The high degree of financial awareness of investors is observed in their tendency to diversify risks. Thus, 31.8% of respondents mentioned distributing funds between two to four P2P platforms, and 63.6% invest on five or more platforms.

Understanding finance allows P2P investors to manage funds and make investment decisions without any assistance, as was mentioned by 55% of respondents. It also makes them more confident in investing bigger amounts - 50% of investors said that they allocated over 5,000 on P2P platforms last year, while only 15.8% invested less than 1,000. 

Robocash d.o.o (“Robocash”) is a company registered in the Republic of Croatia under registration No. 081224371, with legal address at Petračiceva 4, Zagreb, Croatia, 10110.

Robocash is not regulated under any financial services license. When you invest on Robocash, you buy claim rights for loan receivables and investments in loan receivables are subject to risks. We advise diversifying investments and carefully evaluating the risks.