New opportunities on Robo.cash: Installment loans TezCredit
The European P2P platform Robo.cash and one of the leading alternative lending companies in Kazakhstan LLP Zaymer expand partnership by delivering a new opportunity to investors of the platform - installment loans TezCredit with a repayment period up to 12 months and an expected interest rate up to 14.5% per annum.
Both operating within a single financial group, the p2p platform Robo.cash based in Latvia and the lending company LLP Zaymer extend cooperation by providing an opportunity to invest in installment loans TezCredit with a repayment period up to 12 months.
LLP Zaymer has been operating in the market of non-banking lending in Kazakhstan since 2015 and initially represented at Robo.cash since the launch of the platform in February 2017 under the brand Zaimer.kz. The company launched TezCredit in early June 2018 and it has issued over EUR 50,000 in a month of its work.
“The way, which Robo.cash follows, greatly corresponds to the development of the whole financial group, so it turns out to be logical to deliver new products to the platform. We are confident that investors will appreciate the opportunity to have greater profitability and better diversification of investments with preserved advantages of the fully automated investment process. At the same time, it will help us to expand business in Kazakhstan, as well as to improve the customer service”, says Sergey Sedov, the founder of the platform Robo.cash.
The average size of installment loans issued by TezCredit is EUR 467, with an average repayment period of 7 months. Investors can expect the annual return up to 14.5% per annum. All loans are secured with a buyback guarantee in case of delinquency for 30 days.