Consumer peer-to-peer platforms are showing stable growth across Europe, while Croatia and Italy-based P2P lenders are developing more steadily than most.
According to new research from Croatia-based lending platform Robo.cash, the business lending segment is showing the fastest growth across Europe, with their share of the market starting to rise in the wake of the Covid-19 pandemic.
Read more: Robo.cash funded €15m of loans in April
As part of its analysis into P2P platform stability, Robo.cash analysed the monthly increase in volumes and the degree of deviation from the linear trend in the market.
It found that despite a dip in market volumes in the early weeks of the Covid-19 pandemic, European P2P platforms saw volumes reach record levels in January 2022.
Since then, volumes have fallen off slightly, with just business lending and consumer lending showing signs of ongoing stable growth.
The most stable results were shown by Italian and Croatian platforms.
“Such a rapid growth is probably influenced by the project specifics of the segment, when a large amount of funds is collected in a relatively short time” Robo.cash said.
“Systematic development is achieved due to the fact that the amount of investment per person is small, and the number of customers is large.
“Ease of asset management and the availability of various guarantees attract and retain investors.”