Robo.cash promises new features as it hits five-year milestone
Robo.cash is planning a range of new features for investors as it marks five years in the peer-to-peer lending market.
The Croatia-based P2P lender, owned by the Robocash Group, said more than €370m has been invested through its platform since launch in 2017.
The platform said it is working on new features such as a tool to let users invest with one click to make the platform more convenient.
Robo.cash currently ranks eleventh in the P2PMarketData list with a total funding of €373.17m since its launch in February 2017.
More than 23,000 investors are signed up to the platform, with an average investment of €1,898.
Read more: Robo.cash posts 227pc annual growth in investment volumes
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In the last quarter of 2021, investors earned more than €1m, which is 21 per cent of the total amount for the entire lifetime of the platform.
The quarter was also marked by a record amount of net deposits, totalling €11m.
“We are happy to celebrate our fifth anniversary, which was marked by excellent results,” Sergey Sedov, chief executive of Robocash Group, said.
“Over the past year of operation, we raised €33m, which is 70 per cent of the total amount of attracted funds. Our growth in financed loans averaged five per cent each month
“We want to reach our tenth anniversary with the same achievements and a large base of satisfied investors.”
Read more: Robo.cash posts 227pc annual growth in investment volumes