Robo.cash reports growth in average size of P2P portfolios
Peer-to-peer investors’ portfolios are growing, with consumer loans remaining the most sought-after asset, Robo.cash research has found.
A survey by the European P2P lending platform found that investors with between €2,000 (£1,764) and €5,000 in their P2P portfolio now make up half of those surveyed on the platform, while the share of respondents with more than €10,000 increased by two per cent.
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“P2P investments look attractive both as a really affordable and highly profitable financial instrument,” Robo.cash analysts said.
The research also found that the proportion of investors with a portfolio of €30,000 or more increased by five per cent over the past year.
“It is likely that this is a direct consequence of the cumulative effect of investment savings, the market confidence, and, in general, the effectiveness of P2P investments,” Robo.cash said.
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Furthermore, 64 per cent of respondents have increased the volume of their P2P lending portfolios over the past year, Robo.cash added.
P2P consumer loans make up 20 per cent of Robo.cash investors’ portfolios, followed by ETFs at 19 per cent. Other types of P2P loans equate for four per cent.
The platform also noted that the proportion of respondents whose investments in the platform occupy more than 25 per cent of their total portfolio is steadily growing, to around 40 per cent.
“P2P investments confidently remain popular among respondents with an average income,” Robo.cash said. “At the same time, the share of investors with large portfolios is growing, reaching 35 per cent.”
Earlier this month, Robo.cash reported a 34 per cent increase in investments for 2022, compared to the previous year.
Its investor base also grew significantly, reaching a new milestone of 30,000.