PEER-TO-PEER investors in Europe are confident in their outlook for the sector, with 80 per cent planning to put more money into P2P platforms in the next few years.
A poll of 350 investors across Europe, carried out by Latvia-based P2P analyst and platform Robo.cash, found 28 per cent of respondents cited their P2P investments as a major source of additional income, while 47 per cent rely on income from investments to secure enough money for retirement.
A third of investors allocated more than €10,000 (£8,500) on P2P platforms in 2018, according to the survey and 80 per cent said they planned to increase their holdings.
Along with consumer loans, the respondents said they mostly invest in shares, real estate, small businesses and bonds as part of their wider portfolio.
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More than two thirds of respondents said they started investing just two years ago or less, while only 11 per cent have been investing for more than five years.
The research also analysed the typical age and qualifications of P2P investors.
The majority of P2P investors polled were classed as millennials, with more than half holding a master’s or bachelor’s degree.
Three quarters work full or part-time and 13 per cent run their own business.
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