Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Latest News

Investors’ confidence in P2P lending is growing in Europe

Published

on

Reading Time: 2 minutes

According to a survey by the platform Robo.cash, 64.9% of the European P2P investors have full confidence in P2P lending. Remarkably, 52.3% of respondents mentioned that P2P loans take a considerable share of their investment portfolio – over 25%.

The fully-automated P2P service Robo.cash surveyed 600 European P2P investors. According to the findings, 45.4% of respondents consider P2P lending reliable for investments, although they were hesitant at first. Another 19.5% of investors have trusted this sector from the very beginning.

The level of confidence in P2P lending is also observed in the distribution of funds in the investment portfolios. It’s no secret that most investors look for diversification by investing in various assets – stocks, bonds, cryptocurrencies etc. It is remarkable that 52.3% of respondents said that investments in P2P loans take more than 25% of their portfolios. 7% of respondents mentioned investing only in P2P lending.

Commenting on the results of the survey, Sergey Sedov, Chief Executive Officer of Robocash Group, added: “The expertise of online lending platforms is one of the factors influencing the degree of investors’ confidence. We see this by the example of our own P2P platform. In 2017, when Robo.cash was just launched, the average monthly number of new investors joining the platform was 140. In 2019, it has grown to 360. Investors’ trust is also reflected in the volume of invested funds. Today, we have 382 users who have allocated the maximum possible amount compared to 125 at the end of 2018. Looking at the European P2P lending on the whole, it is clear that its volumes keep growing from year to year. Developing at a fast pace, this segment will continue gaining trust of the increasing number of investors.”

About RoboCash:

Robo.cash is a Croatia-based fully automated P2P platform with a buyback guarantee on investments operating within the European Union and Switzerland. Launched in February 2017, the platform belongs to the financial holding Robocash Group that unites non-bank consumer lending companies in seven markets in Europe and Asia. As a part of the group, Robo.cash works according to a “peer-to-portfolio” model providing an opportunity to invest in short-term loans issued by the affiliated companies. For the time of operation, it has attracted over €9 mln of investments, which has allowed to finance €115 mln worth of loans.

 

Blockchain

Alpha Transform Holdings Releases March Report on ASC AI Index

Published

on

alpha-transform-holdings-releases-march-report-on-asc-ai-index
Continue Reading

Blockchain

Peer-to-Peer Lending Market Surges to US$ 1709.6 Billion by 2034, Driven by Growing Demand and Reduced Operating Costs | Future Market Insights, Inc.

Published

on

peer-to-peer-lending-market-surges-to-us$-17096-billion-by-2034,-driven-by-growing-demand-and-reduced-operating-costs-|-future-market-insights,-inc.
Continue Reading

Blockchain

CompoSecure CFO Honored with NJBIZ Leaders in Finance Award

Published

on

composecure-cfo-honored-with-njbiz-leaders-in-finance-award
Continue Reading
Advertisement
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE