The European peer-to-peer lending community is growing more diverse, with a rising number of younger investors, more female lenders, and a wider regional spread.
According to new research by Croatia-based P2P platform Robocash, these social and geographic shifts demonstrate the growing market potential.
Across 2021, Robocash has expanded its active investor base by more than 70 per cent, while the share of female investors on the platform has risen from 20 per cent in 2019 to 34 per cent in 2021.
Robocash has also noted a “more active involvement of the younger generation”. At present, four per cent of the platform’s investors are Generation Z. Meanwhile, the platform’s share of Millennials has decreased slightly from 52.2 per cent in 2019 to 51 per cent in 2021.
Across the same time frame, the platform has seen its share of German investors decrease by seven per cent, while the share of Spanish and Italian investors has grown by five per cent and two per cent, respectively. France has gained more than three per cent.
“As Robocash statistics show, European P2P lending is becoming an integral part of an enlarging number of people from various social groups,” Robocash analysts said.
“Despite the evident increase of the active P2P investors on the platform, it is still too early to talk about reaching the pre-crisis level of the P2P market as a whole, but investor confidence, expressed in fact in monetary terms, is definitely recovering steadily.”