Two in five European investors have more than €20k in P2P

Two out of five investors in Europe have put at least €20,000 (£18,000) into peer-to-peer lending, while seven per cent have invested more than €100,000 in the P2P sector, a new survey has found.

12 per cent of investors said that they have P2P investments worth between €50,000 and €100,000, while 21 per cent have between €20,000 and €50,000 on P2P lending platforms. 41 per cent of respondents said that they had between €5,000 and €20,000 invested in P2P.

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According to European P2P lending platform Robo.cash – which commissioned the survey – investors became more confident about P2P lending during 2020, with 79 per cent telling the platform that their experience of investing during the pandemic has been either positive or neutral.

Some investors added that although they might have suffered losses over the course of the year, they were also able to take advantage of the situation, with one in ten investors saying that they managed to earn more than expected this year.

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“The crisis this year has pushed P2P investors to become more careful and picky when it comes to choosing a platform,” said Robo.cash analysts.

“As a result, now they feel safer investing bigger amounts on the platforms that meet their criteria of reliability and stability.

“For instance, in a survey in May, 43 per cent of investors said that they preferred platforms with their own or fellow loan originators over those working with third-party companies, which confirms the tendency to look for reliability and stability in P2P lending.”

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