Investor confidence in P2P lending is growing in Europe
According to a new survey by Robo.cash, 64.9 per cent of the European P2P investors have full confidence in P2P lending. Remarkably, 52.3 per cent of respondents mentioned that P2P loans take a considerable share of their investment portfolio – over 25 per cent.
The fully-automated P2P service Robo.cash surveyed 600 European P2P investors. According to the findings, 45.4 per cent of respondents consider P2P lending reliable for investments, although they were hesitant at first. Another 19.5 per cent of investors have trusted this sector from the very beginning.
The level of confidence in P2P lending is also observed in the distribution of funds in the investment portfolios. It's no secret that most investors look for diversification by investing in various assets – stocks, bonds, cryptocurrencies etc. It is remarkable that 52.3 per cent of respondents said that investments in P2P loans take more than 25 per cent of their portfolios. 7 per cent of respondents mentioned investing only in P2P lending.
Sergey Sedov, Chief Executive Officer of Robocash Group, adds: “The expertise of online lending platforms is one of the factors influencing the degree of investors’ confidence. We see this by the example of our own P2P platform. In 2017, when Robo.cash was just launched, the average monthly number of new investors joining the platform was 140. In 2019, it has grown to 360. Investors’ trust is also reflected in the volume of invested funds. Today, we have 382 users who have allocated the maximum possible amount compared to 125 at the end of 2018. Looking at the European P2P lending on the whole, it is clear that its volumes keep growing from year to year. Developing at a fast pace, this segment will continue gaining trust of the increasing number of investors.”