Robo.cash reaches €800m milestone on seventh anniversary

Robo.cash has celebrated its seven year anniversary by announcing that it has passed its €800m (£685m) lending milestone.

The Croatia-based peer-to-peer lending platform also reported that its investor base has grown to more than 35,000 since its launch in 2017. These investors come from 29 different European countries, although the majority reside in Germany, Spain, France and Bulgaria.

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Total investor earnings since inception reached the €20m milestone in November 2023, said a platform spokesperson.

“These results not only reflect the consistent growth of Robo.cash as a business, but also the investor confidence in the platform that has steered us through turbulent periods,” said Nadezhda Vlasenko, product owner at Robo.cash.

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“With a focus on reliability and integrity we will continue to serve as a trusted assistant in helping people achieve their greater financial ambitions.”

Robo.cash also noted that investor activity is buoyant. A recent survey found that a third of the platform’s investors maintain a share of between 11 per cent and 25 per cent in their portfolio.

The platform is currently advertising target investor returns of 11.8 per cent per annum.

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