According to the analysts of the company, the tendency of investors to do sport is explained by their intention to keep a healthy lifestyle. The results of another survey conducted by Robo.cash earlier this year confirm the assumptions. The largest number of P2P investors (37.7%) then called health their life priority. Also, the majority of respondents said expenses for health take only a small share of their budget, which suggests that they... more Read more »
A study conducted by the P2P platform Robo.cash has shown that the number of search requests associated with P2P lending in Spain grew from 9,400 in July 2015 to 12,000 in June 2019. A significant increase of the queries in 2017 with a peak in March correlates with the growth of Spanish alternative finance market by 23% compared to 2016. Read more »
These are the findings of a study conducted by the European P2P platform Robo.cash with the help of search analytics services. Thus, in August 2015, the monthly number of requests related to P2P lending in the country was less than 1,000, and in January 2019, it reached 6,550. Read more »
Analysts of the P2P platform Robo.cash have studied the search activity associated with P2P lending in Europe. The results show that its relative popularity is nearly 5 times greater in Western than in Eastern Europe. Remarkably, while the interest in this segment in the East has been increasing steadily, it has remained almost the same in the West. Rapidly growing volumes of the East European market confirm the tendency - from 2015 to 2017 they... more Read more »
B-North, the Manchester-based firm building an SME lending bank for the UK, has announced the appointment of Ron Emerson CBE as its Chairman, effective from 16 September. Ron was the founding Chairman of the British Business Bank (BBB), the UK government's economic development bank aimed at improving access to finance for the small and mid-sized business sector. Read more »
A survey by the European P2P platform Robo.cash showed that 60.4% of P2P investors gain knowledge in finance on their own. In overall, 89.2% of respondents have some form of financial background, which allows them to make informed investment decisions independently. Read more »
The analysis of search queries related to P2P lending, which was conducted by the international fintech holding Robocash Group, has shown that relative popularity of P2P lending in many Asian countries is much higher than in some European countries. Read more »
The European P2P platform Robo.cash has financed €100 mln of loans. The platform's data for the first seven months of 2018 and 2019 show an upward trend: this year, the volume of funded loans has grown by 74.5% and amounted to €41.9 mln. Along with other reasons, this can be explained by the increasing demand for online lending, which creates more opportunities for P2P investors. Read more »
According to the results of a survey conducted by the European P2P platform Robo.cash, the strategy of P2P investors depends on their mentality, socio-economic and geographic aspects. Thus, the survey revealed that investors from Central Europe tend to make long-term plans - 50% of them invest in P2P lending to prepare for retirement. In the meantime, investors from South European countries are more focused on quick results. Among them, 56%... more Read more »
A survey conducted by the European P2P platform Robo.cash revealed that 55.9% of female investors rely on external help when making financial decisions compared to 44.3% of men. The most popular sources of advice for both sexes are financial media and blogs, which are trusted by 23.5% of women and 22.9% of men. Read more »
This is evidenced by the results of the study conducted by Robocash Group with the help of services for search query analytics. The study inсluded Indonesia, the Philippines and Vietnam where the growth of fintech services is the most active now. Thus, in January 2017, the number of requests of online loans there amounted to 880, in January 2018 - to 8,100 and in January 2019 - to 18,100. Read more »
Since the launch in 2017, the European P2P platform Robo.cash has financed 1 million loans for the total amount of €89 million. It is notable that the number of loans funded through the platform has increased by 26% from 226,400 for the first five months of 2018 to 284,400 for the same period this year. Read more »
The European P2P platform Robo.cash has analyzed the average investment made within the first months of investing. The results show that the average investment increases by 30% after the first month of investing on the platform and by another 10% - after the second one. Read more »
TurnKey Lender, the market’s leading provider of lending automation solutions and services, has received accreditation from IMDA Singapore - a statutory board in the Singapore government. The Accreditation@SGD program is focused on accelerating the growth of innovative technology companies by selecting the best ones and helping them establish credibility in the eyes of local and international partners. Read more »
Digital lending platform Esme Loans, has today announced that it will now offer its loans to UK businesses operating as sole traders. Under its extended proposition, sole traders will be able to obtain loans from £25,500 - £150,000, for up to five years. Read more »
