Robocash Group reached the milestone of $ 500 million issued loans
- 4 years 5 months ago
- P2P Lending
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.
Every eighth P2P investor in Europe spends the most on travelling
- 4 years 5 months ago
- P2P Lending
Along with everyday expenses, such as housing and food, European investors spend a lot on trips. Thus, travelling is the largest expense in the budget for 12.3% of them. These are the findings of a recent survey conducted by the P2P platform Robo.cash.
More than a third of European p2p investors prefer active lifestyle
- 4 years 6 months ago
- P2P Lending
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
P2P lending in Spain is gaining momentum
- 4 years 6 months ago
- P2P Lending
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.
Popularity of P2P lending in Germany has increased 6.5 times since 2015
- 4 years 7 months ago
- P2P Lending
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.
Interest in P2P lending is growing steadily in Eastern Europe
- 4 years 7 months ago
- P2P Lending
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.
Lending specialist B-North appoints British Business Bank founding Chair
- 4 years 8 months ago
- Banking, P2P Lending
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.
60% of European investors learn to manage finances on their own
- 4 years 8 months ago
- Platform Technology, P2P Lending
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.
Asia is ahead of Europe by the popularity of P2P lending
- 4 years 8 months ago
- Alternative Finance, P2P Lending
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.
Robo.cash has funded €100 mln worth of loans
- 4 years 8 months ago
- Investment, P2P Lending
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.
Investors from Central and Southern Europe follow different strategies
- 4 years 9 months ago
- P2P Lending
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
Robo.cash Reveals 56% of Female Investors Rely on Advice to Make Financial Decisions
- 4 years 9 months ago
- Investment, Investment Management, P2P Lending
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.
Demand for Online Loans in Southeast Asia is Growing Steadily
- 4 years 10 months ago
- Investment, P2P Lending
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.
Robo.cash Marks the Milestone of 1 Million Funded Loans
- 4 years 10 months ago
- Payments, P2P Lending
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.
P2P Investors Increase the Investment Size by 30% After the First Month
- 4 years 11 months ago
- Investment, P2P Lending
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.
