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 »
TurnKey Lender, a provider of intelligent lending automation, decision management, and risk mitigation solutions, announces the launch of a new app called TurnKey Lender Psychometrics. It allows lenders worldwide to safely evaluate borrowers even in cases when there’s no access to their credit history, bank accounts or other relevant personal data. Read more »
Car buyers in the UK are finding more of their financing online. That data comes from the second annual survey on auto financing conducted by leading analytic software firm FICO, which showed that: Read more »
Esme Loans, the end to end digital lending platform that provides unsecured business loans between £10,000 - £150,000 has today announced that it has enlisted Microsoft to build a new cloud based data warehouse, enabling the lender to make faster and better targeted lending decisions and to provide automated service assisted by artificial intelligence (AI). Read more »
Beehive, MENA's leading peer to peer lending platform, has secured $4m of follow on investment from Riyad TAQNIA Fund (RTF) as part of a Series B funding round. This latest round brings the total raised by Beehive to $15.5m since its launch. Craig Moore, Beehive Founder and CEO said, "This investment is testament to the success of the Beehive digital model and demonstrates RTF's continued commitment to our growth. The investment will help us... more Read more »
Assetz Capital has launched a new 90-Day Access Account, offering an introductory target gross interest rate of 5.75% p.a. and giving investors access to their cash with just 90 days’ notice in normal market conditions, though access times cannot be guaranteed. Read more »
