Robo.cash opens secondary market for longer-term loans on the platform
We are glad to announce the launch of a secondary market on Robo.cash!
Now it is possible to sell and buy loans with the maturity of one year using this feature at no additional costs or fees for both parties.
Please note that in order to sell a loan on the secondary market you should own it for at least 6 months. If you want to sell a loan, select the necessary items under the tab “My investments” of your personal account and click “Sell”. If nobody purchased your loan within 14 days, we will buy it from you on day 15.
To buy loans from the secondary market it's necessary to:
- choose the option “Accept secondary market” under the tab “Invest” of your personal account
- select the Singaporean loan originator in your portfolio
- set up the repayment period of 1 year.
If you have any questions, please contact us at [email protected].