Robo.cash boss “rather positive” on future of European P2P
Robo.cash founder and chief executive Sergey Sedov said he is “rather positive” about the future of European peer-to-peer lending, as he aims to reach 100,000 investors within the next four years.
In an interview with P2PMarketData, Sedov confirmed that the Croatia-based P2P lending platform plans to expand into new emerging markets, while increasing its presence in Europe.
Within the next four years, he said he hopes to grow the platform’s investor base to over 100,000. At present, Robo.cash has just over 28,000 registered investors.
“We are determined to increase volumes and become an even bigger and more attractive platform in the European P2P market,” Sedov said.
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“We expect that the volumes of funding coming through the platform should be growing gradually, and in four years I think we can well count with over 100,000 investors.
“This may sound ambitious, but we think it’s achievable. Our task here is to be attentive to the needs of investors, watch for the market trends, and keep being transparent.”
Sedov added that Robocash Group – the parent company of the Robo.cash platform – plans to expand and strengthen in emerging markets, which will lead to the growth of the P2P platform with “new interesting offers for investors”.
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Despite macro-economic challenges and rising market competition, Sedov said that he is optimistic on the future of the platform and European P2P in general.
“I think that the long-term scenario for the development of the P2P industry is rather positive,” he added.
“The European market is now on the rise. According to Statista, the alternative lending market will grow by 11 per cent in 2026 compared to 2022.
“But, in general, speaking about the P2P lending market, it is worth considering the risks of uncertainty that we have already faced, for example, now. This is probably the biggest challenge for the industry and for all of us. However, the events of past years show that the P2P market can survive hard times and continue to grow. We’ll see.”
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