P2P most popular among mid-income investors
Peer-to-peer investments are most popular among investors with a mid-sized portfolio and average income, according to a new survey from Robo.cash.
Investors with a portfolio of between €2,000 (£1,759) and €5,000 make up half of those surveyed on the platform.
However, the European P2P lending platform added that its share of respondents with more than €10,000 euros increased by two per cent last year.
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“P2P investments look attractive both as a really affordable and highly profitable financial instrument,” Robo.cash analysts said.
“The proportion of respondents whose investments in the platform occupy more than 25 per cent of the total portfolio is steadily growing.”
The average Robo.cash investor saw their income grow by two per cent last year, and increased their P2P portfolio by 64 per cent.
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On average, Robo.cash investors allocated 23 per cent of their overall investment portfolio towards P2P consumer loans, 20 per cent into shares, 19 per cent in ETFs, 14 per cent in real estate, and 10 per cent in bonds. Four per cent was invested into other types of P2P loans.
Robo.cash analysts said that the rising popularity of P2P lending over the past year is likely “a direct consequence of the cumulative effect of investment savings, the market confidence, and, in general, the effectiveness of P2P investments.”
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