Robocash Review: Peer to Peer Lending

Performance of loan originators in 2022

Digido, the Philippines

Digido became part of the Fintech Alliance.PH, the largest financial technology and digital player association in the Philippines. 2022 was also marked for the company by other results:

Loan issuance increased by 35% compared to 2021.
The number of repeated loans increased by 79%.
Net profit showed growth of 16%.

Performance of loan originators in 2022

UnaPay, the Philippines

In 2022, the focus of our Una team in the Philippines was to shape the company's strategic vision. Among other things, currently the company aims to:

add new merchants (Kimstore, Emcore),
update the mobile app.

Performance of loan originators in 2022

RC Riga Sri Lanka

The business began to fully develop in 2022.

The issued principal for Q4 exceeded the figures for Q4 2021 by 7 times.
The share of overdue loans is maintained at 11,5% FPD 60+, which indicates growth in the quality of borrowers.

Performance of loan originators in 2022

Prestamer.es, Spain

Overall growth for 2022 was +5% thanks to:

overfulfilling the plan for repeated customers by 15% in November,
systematic growth of portfolio in October.

Performance of loan originators in 2022

RC Riga Singapore

The Singapore loan originator is raising funds for the development of the Robocash Group's business model. Among other things, these are:

business support in Vietnam: in 2022, loan issuance here increased by 53% compared to 2021,
planning new product launches in Africa and Latin America.

Performance of loan originators in 2022

RC Riga Kazakhstan

2022 turned out to be a very dynamic year for the company. After February, business in Kazakhstan was able to increase the volume of loans through its own financing, maintaining leadership in the Kazakhstan PDL market:

Net profit exceeded the planned figure by 2.5 times.
The company maintains a consistently high customer loyalty index of 82%.
Loan issuance increased by 60% compared to 2021.

Robocash lowers interest rates

The P2P lending platform Robocash announced that it would be lowering the interest rates for the following loan terms: 10.5% (91 - 180 days), 11% (181 - 365 days), and 11.5% (366 - 720 days). Please note that the lowest (8%) and the highest (13%) rates remain the same. The updated interest rates will apply to new investments made from December 21.

ROBO.CASH has revealed that it doubled its lending volumes in 2019 from the previous year, boosted by an influx of new investors. The European peer-to-peer lender, which is headquartered in Croatia, said that it financed €80m (£68.6m) of loans in 2019 – double the amount it lent out in 2018.

If we add to this automation philosophy the fact of the high profitability that they offer (in the environment of 12% interest) and that all the available loans that we find in Robo.cash come with Buyback or buyback guarantee , we have all the ingredients to This Croatian website is an attractive option for the vast majority of crowdlending investors.

This automation, especially for those who start in the world of P2P loans, can undoubtedly be an interesting advantage , since they will not have to make decisions about choosing the assets to invest in if they do not want to.

It is necessary to emphasize that it is guaranteed that all commitments on the sold loans of Robocash Finance Corp. on the platform will be fulfilled. All the invested funds including the earned interest will be paid back to investors in due course set by the existing assignment agreements.

On 19 December 2019 Securities and Exchange Commission in Philippines (SEC) has issued a press release that it has stripped Robocash Finance Corp.’s (Company) authority to operate as a financing company for running several branches without the necessary license.