The latest news about the platform Robocash and its results
The European P2P platform Robo.cash has been recently joined by its first lending company in Southeast Asia Robocash Finance Corp. Now users of the platform have an opportunity to invest in the Philippine short-term consumer loans in EUR with an annual return of up to 12%.
Starting Monday, November 19, 2018, all new euro loans to be added to Robo.cash will provide an annual net return up to 12%. Considering the news, the users of the platform need to update their portfolio settings.
The European P2P platform Robo.cash has been recently joined by the leading Russian microfinance company MFC Zaymer which has supplied investors with the opportunity to invest in short-term loans issued by its online lending service Zaymer.ru. An expected annual return for investors will comprise up to 14% in EUR and up to 18% in for loans listed in RUB.
The Russian largest forum for discussion and analysis of existing trends and future challenges in the financial industry FINOPOLIS 2018 took place in Sochi on 17-19 October 2018. One of the speakers was the Founder of the “peer-to-platform” platform Robo.cash Sergey Sedov who shared the experience of implementing robotized p2p investing in Europe to overcome the issue with funding shortage.
The European Р2Р platform Robo.cash has been recently joined by a new loan originator LLP Z-Finance which provides short-term private lending in Kazakhstan. For the users of the platform, it means more opportunities to invest in short-term loans listed in euro with a repayment period up to 30 days and an expected interest rate up to 12% per annum.
Adjustment and continuous improvements of the business workflow and underwriting algorithms with a focus on the mentality of customers enable efficiency and expansion of the alternative lending business, proves the example of the European P2P platform Robo.cash and the affiliated loan originators which are united in an international financial group.
According to the recent findings on the investors' profile of the European P2P platform Robo.cash, despite women are less likely to invest and usually tend to consider investing in their 30s or 40s, their average investments are 40% more than men have.
The European p2p platform Robo.cash marks its results in six months of 2018 and highlights a significant milestone of €4 million attracted investments that facilitated funding of half a million loans which total size amounted to over €40 million. The gained results are believed to directly correlate with the growing interest in the alternative finance market.
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.
Alternative lending observes a continuously increasing number of Millennials and Generation Z. According to the P2P platform Robo.cash, this tendency is supported by the interest of young investors in a simple and comfortable source of additional income and the positive experience gained at the existing peer-to-peer platforms.