Robocash achieved 227% annual growth in attracted funds
This year, Robo.cash platform attracted € 42M of investments, exceeding last year's figures by more than 3 times. The growth was also strengthened by several milestones that the company hit throughout the year.
Over the past year, the Robo.cash platform has grown significantly in a number of ways. Thus, since January, net deposits have increased more than 5 times and amounted to record 4 M euros in November. According to the latest survey among platform investors, 69% have Robocash share in the portfolio of up to 25%.
On average, 780 new investors have joined Robocash every month this year, and currently there are more than 22,000 in total. Germany is traditionally the absolute leader in terms of geographical division.
Also, in September, the company reached a new milestone of 300 M euro in funded loans. The fourth quarter was particularly marked, growing by 29% QoQ and confirming the general upward trend in the activity of P2P investors at the end of the year.
“The results we have achieved this year show that our business model has perfectly adapted to the current economic conditions. We, in turn, will maintain the set level and continue to strive to provide investors with a favorable ratio of risk and profit.” - comment Sergey Sedov, CEO Robocash Group.