Investors aged 28-37 years invest in long-term loans most often

Investors aged 28-37 years invest in long-term loans most often
31.01.2020 09:05 am

Investors aged 28-37 years invest in long-term loans most often

Investment Management
Analysts of the P2P platform have studied the profile of its users investing in long-term loans. Based on the platform’s statistics, they have revealed that most often, loans issued for a period of 12 months are chosen by investors aged 28-37 (41.9%).
The second place among these users is taken by the age group from 38 to 47 years old (29.5%), and the third place - by investors aged 48-57 (12.9%). Less commonly such loans are preferred by users in the age of 18-27 (11.3%), 58-67 (3.1%) and 68 and older (1.3%). One of the possible reasons is that these age categories may include students and retirees who do not have regular income and thus are more interested in liquidity of funds, which can be accessed at any time.
“Initially, our P2P platform was offering its users investments in short-term consumer loans only. One year after its launch, in 2018, we diversified the investment opportunities bringing instalment loans from Kazakhstan. Last year, we added commercial loans from Vietnam for 180 days and from Singapore for 12 months. Today, 23% of our active users have invested in long-term loans at least one time. Interestingly, 82% of them have been investing with us for more than a year. This means that over time, these investors have seen the value of long-term opportunities and recognized the need to diversify the portfolio. Apparently, diversification is not the only benefit for them. With the growing demand for short-term loans, such investments have become a good alternative to keep money working nonstop for a long time,” - commented Sergey Sedov, CEO of Robocash Group.

Related News

Triple Point launches rapid turnaround investment initiative for start-ups

Triple Point today announces a rapid turnaround investment initiative to help new start-ups launch, in recognition of the role innovation and technology will... Read more »

British Business Investments commits up to £40m to Columbia Lake Partners UK LLP’s second fund

British Business Investments Ltd announces a commitment of up to £40m to Columbia Lake Partners Fund II CLP Growth II GBP... Read more »

Amdaris receives £6m investment from BGF

BGF has invested £6m in Amdaris, an industry-leading software developer and digital transformation specialist, to support its organic and... Read more »

Tink extends Open Banking support for PayPal and receives strategic investment

Tink will now support PayPal (NASDAQ: PYPL) across Europe as it leverages opportunities with PSD2 and open banking. This extended work... Read more »

Siebert Financial Corp. teams up with InvestCloud to lead digital transformation

Siebert, a leading national broker-dealer and provider of financial services, has appointed InvestCloud to design and implement its complete digital transformation.

Read more »

3K Investment Partners selected Axia to advance its Fund & Asset Management operations

Profile Software, a leading financial solutions provider, announced today that 3K Investment Partners, a Mutual Funds... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel