Healthcare and IT investment can push P2P market to double in five years
Peer-to-peer lending’s expansion into healthcare and technology sectors could give it a boost in the coming years, according to Robo.cash analysts.
Healthcare and IT companies are leaders in the S&P 500 index in terms of profit increase, the analysts pointed out, saying the gradual implementation of investment projects in these industries could help the P2P market.
In their view, the European P2P market could grow as much as 31 per cent this year, another 57 per cent in 2025 and eventually double around 2029.
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“Currently, the European P2P market mainly finances commercial projects such as real estate, green energy, agriculture, as well as quite exotic sectors involving, for example, winemaking or equestrian sports,” the analysts noted.
“We believe it has the potential to support project financing in other previously mentioned sectors, thereby getting an additional boost in demand volume. It is mainly about startups with low capitalisation in countries where AI or cybersecurity has the potential for significant development.”
Croatia-based Robo.cash operates across the EU, the UK and Switzerland. As of 31 December, it had funded over €770m (£659m) worth of loans and attracted €86m in investments.
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