Robo.cash exceeded 300 M euro of funded loans
In September, European investment platform Robo.cash reached 300 M euro in total funded loans. The month was also recorded by another achievement - the number of investors crossed the mark of 19 thousand.
2021 sets a dynamic pace for the platform development, supporting the trend of the previous year. Thus, August brings in 13.4 M euro of funded loans, which is 105% more than in August 2020. With a slight decline in April and June, the volumes grow steadily, averaging 7%.
The platform currently has 19 thousand investors. For the entire period of Robo.cash operation, the customers have already earned more than 66 M euro.
In May, the platform introduced two new types of loans to invest in - “Buy Now, Pay Later” and salary-linked loans. They are placed by the service UnaPay launched by Robocash Group in the Philippines. The product is already successfully developing, increasing the volume of loans financed through the platform by 46% MoM since its integration. Investors of the platform have already funded almost 1.8 M euro of such loans.
“The platform received its first 100 M euros of funded loans two years after launch. After a year and a half, we have passed the 200 M mark. Now we are pleased to announce that we have reached a new milestone in less than 9 months. These results show that we are moving in the right direction. Thus, we follow market trends, integrate new products and bring even better transparency to our investors who are largely involved in these achievements”, comments Sergey Sedov, CEO of Robocash Group.