The COVID-19 pandemic has affected nearly every sector, including the P2P lending market, which demonstrated a decrease in funding volumes during March and April. However, analysts of Robo.cash are confident that the European P2P lending platforms will resume their growth in summer.
52% of P2P investors keep the same volume of savings during the pandemic The results of a recent poll conducted by the European P2P platform Robo.cash show that just over a half of P2P investors remain calm towards their current savings during the pandemic and do not rush with decisions.
HPDLendScape, a leading secured lending platform vendor, today announces new upgrades to its supply chain finance (SCF) solution. The new enhanced solution will make it simpler and faster for lenders to onboard and support buyers and suppliers, giving businesses more streamlined access to much needed working capital during the COVID-19 pandemic.
Recently, the P2P platform Robo.cash completed a survey of European P2P investors dedicated to their financial results in 2019. Over half of participants said that the alternative lending brought them the highest returns last year. The company expects that despite the coronavirus pandemic, the segment will keep the leading positions in 2020.
Iwoca, one of Europe’s largest business lenders has today announced OpenLending, the new platform that – for the first time – can unify fintechs and banks to extend iwoca’s lending capabilities to over two million UK businesses.
Last Friday, an affiliated lending company of the fintech holding Robocash Group - MFC Zaymer - won the title of “The Microfinance Company of the Year" in Russia. As noticed, in 2019, the company showed the best performance in the segment by the three criteria: stability, dynamic development and innovativeness.
While financial markets are experiencing instability due to the coronavirus epidemic, it seems that European P2P investors have not been affected by the situation. According to a poll of the P2P platform Robo.cash, 76.4% of them continue investing as before, without making any changes to their portfolios.
Assetz Capital, one of the UK’s most impactful business lenders, has surpassed the £1bn mark for lending to SMEs and housebuilders across the UK, just seven years from being set up in 2013.
In February, the number of registered investors on the European P2P platform Robo.cash reached 10,000. Remarkably, last year the geographical distribution of its users changed significantly, due to a large influx of investors from Bulgaria, Spain, Italy and Portugal.
The fully automated P2P lending platform Robo.cash has summed up the results of its operation in the previous year. For the whole time, the platform has financed €140 million of loans. Out of them, €80 million were funded in 2019. Compared to 2018, it was a double increase in the financing volumes on Robo.cash.
Securities and Exchange Commission in Philippines (SEC) has issued a press release that it has stripped Robocash Finance Corp.’s (Company) authority to operate as a financing company for running several branches without the necessary license. The Corporate Governance and Finance Department (CGFD) of the SEC issued the order of revocation on 12 December 2019 after establishing that Robocash violated the Implementing Rules and Regulations of... more
The fintech holding Robocash Group has just integrated its in-house P2P lending platform Robo.cash in Europe with its Singaporean company Robocash PTE. LTD. The latter will provide the European P2P investors with an opportunity to invest in the business development of the group in Southeast Asia. Moreover, this is the first opportunity in Europe to invest in Singapore through a P2P lending platform.
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%.
These are the findings of the P2P platform Robo.cash based on a survey among European P2P investors. Respondents show positive attitude towards digital services in general, which in large part is due to the age aspect. Most of them are Millennials and Gen Z who have grown together with the digital environment.
In the third quarter of 2019, the cumulative volume of consumer financing granted by lending companies of the financial holding Robocash Group amounted to $ 500 million. The group continued to strengthen its position in the Asian market.