Agricultural P2P gains traction across Europe
Agricultural lending is gaining traction among the peer-to-peer investors of Europe, new research from Robo.cash has found.
More than half (55 per cent) of all P2P platforms offer ‘mixed’ lending opportunities to investors, with consumer lending, real estate, and business lending representing the most popular segments.
However, compared with 2017 their investment volumes have decreased by 12 per cent.
Read more: Lande outlines impact of farming seasonality on investor returns
“Business segment is predominantly featured by the highest volumes, but it is prone to large fluctuations,” said Robo.cash analysts. “This is most likely caused by the seasonality factor.”
The platform’s analysts found that in terms of average monthly growth, agriculture and farming loans are developing steadily.
Read more: Vinted co-founder invests €1m in green loans via HeavyFinance
“Overall volumes don’t look impressive yet,” said the analysts. “P2P platforms, for the most part, tend to diversify to expand their investment opportunities.
“But it’s definitely the beginning of an interesting path for the development of P2P lending in general.”
A number of European P2P platforms have a focus on agricultural and farming loans. They include Lithuania’s HeavyFinance, which funds farmers via agricultural finance and green loans; and Latvia’s Lande, which focuses exclusively on the agricultural sector.
Read more: Ways to support farmers through P2P investment
