Robo.cash investors expect market growth in 2023
The majority of Robo.cash investors expect the peer-to-peer lending market to grow in 2023, according to a new survey from the European P2P firm.
43 per cent said they believe the sector will ‘grow moderately’ this year, while 17.9 per cent said it ‘will actively expand’.
23.2 per cent of investors thought there would be ‘no significant change’ this year, while eight per cent expect the market to ‘moderately decrease’. Just 1.9 per cent of respondents said they think the P2P sector will ‘actively decline’.
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Some 45.5 per cent of respondents cited inflation as the key event for investors in 2022, followed by the geopolitical crisis (36.8 per cent) and stock market decline (19.1 per cent). Just 1.8 per cent of respondents named climate change as a key event.
Read more: Robo.cash reports growth in average size of P2P portfolios
The Robo.cash survey found that, for 2023, 34 per cent of investors are set to increase their total investment portfolio; 43 per cent plan to keep its volume approximately the same; and only four per cent plan to reduce it.
Among the assets that investors plan to increase, P2P investments (24 per cent), stocks (22 per cent) and ETFs (17 per cent) are the favourites.
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