Robo.cash launches cashback deal
Croatia-based peer-to-peer lending platform Robo.cash has launched a new cashback offer.
During the months of October and November, the platform’s investors can earn a one per cent cashback bonus on their deposits.
In order to qualify for the offer, investors must deposit and invest money on Robo.cash between 25 October and 7 November.
No withdrawals are permitted between 8 November and 8 December 2022.
On 9 December, the cashback reward payment will arrive into the investor account. Robo.cash said that the bonus will be calculated from the positive difference between investors’ balances on 7 November and 25 October.
“Please keep in mind that if you withdraw funds between 8 November and 8 December, no cashback is awarded,” Robo.cash said.
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“To get the earned cashback, we advise you to visit the invest page to make sure you do not have the ‘payout’ option enabled for any of your portfolios.”
Earlier this year, Robo.cash ran a refer a friend bonus campaign where investors could earn 1.5 per cent cashback by referring friends to the platform.
As a European platform, Robo.cash is not subject to the same marketing restrictions that UK platforms must abide by.
On 1 August 2022, the Financial Conduct Authority (FCA) banned P2P firms from offering investor incentives such as ‘refer a friend bonuses’. This ban only applies to UK-based, FCA-regulated firms which are classified by the regulator as ‘high risk’.
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