Interest rates will change on April 5th
Robo.cash adjusts its interest rates to be responsive to the demand from investors and the situation on the market.
As you know, Robocash Group has been efficient since its inception, and the audited financial reports for 2020, which are to be published in Q2 2021, will be another proof of it. In its turn, the Group’s steadiness ensures security of Robo.cash platform and its ability to perform well.
With the increased reliability of Robo.cash comes bigger demand from P2P investors. The platform made a huge leap in the second half of 2020, and it has been booming ever since. Throughout the last 6 months, the net deposits were increasing steadily, with March beating the record of over 1.7 mln euro. In Q1 of 2021, the number of new investors on the platform grew by 139% QoQ.
We strive to provide an optimal risk-reward ratio for our investors, so we see it crucial to adjust our interest rates and make them more responsive to the market and the demand.
The new interest rates will range from 10.5% to 12.3%, and they will be directly related to the terms, as they were before. The new interest rates will be applied for all loans on Robo.cash on Monday, April 5th. Please remember to adjust your portfolio settings to get your funds invested properly.