Robocash, a peer-to-peer lending platform, has reported that the month of July was quite active, which is evident from the significant monthly figures. Currently, the company is keeping a low-key offer and waiting for updates from the business.
Robo.cash has recently announced upcoming changes to its Loyalty program. Effective from August 28, the terms of the program will be altered. Under the new conditions, two loyalty categories will continue to offer bonuses of 0.5% and 0.8%. These changes will be applicable to all investors of Robocash.
The Robocash Group has released its results for the first half of 2023. The company’s main focus during this period was on systematically preparing for the opening of new markets and maintaining the quality of its loan portfolio and borrower retention.
The European P2P market has shown moderate growth since the beginning of the year, which aligns with the forecasts made by Robocash investors. In a recent study, Robo.cash highlights the main trends that have emerged in the industry during the first half of the year. Despite the new challenges presented this year, Robo.cash is determined to overcome them and achieve new successes with the trust of its investors.
August concluded with solid results and important changes for Robocash. Investors purchased a record €22 million worth of loans, and the platform welcomed 500 new users, marking the first increase since the beginning of the summer.
The updated terms of the Loyalty program came into effect on August 28 and apply to both old and new loans. The platform’s analysts continue to study the features of the P2P market to ensure competitiveness.
According to Robocash, P2P platforms are gaining momentum in achieving key metrics. The update highlights how the statistics of the industry have changed over the past five years, with many assets showing positive shifts in returns.
Robo.cash also invites users to a webcast scheduled for September 5 at 12:00 CEST, where CEO Natalia Ishchenko will answer questions and discuss the company’s results and business plans.
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