Robo.Cash opens for business in Switzerland
30 January 2018 | 2053 views | 0
The platform Robo.cash operating at the alternative lending market of the European Union since February 2017 is now open for investors from Switzerland.
In this respect, it is believed that the Swiss investors will appreciate the opportunity to diversify a portfolio with cross-border investments in high-turnover PDL-loans.
According to the recent report on the European Alternative Finance Industry made by the Cambridge Centre for Alternative Finance, the Swiss online crowdfunding market shows remarkable dynamics having grown from € 16m in 2015 to € 30m in 2016 (up 81%). It is rather diverse as there is a number of platforms from the leading European countries like Germany and France and other operating in Switzerland along with local ones that are strong too. From this point of view, the Swiss investors turn out to be rather experienced in international investments.
Representing the rapidly growing Baltic region, Robo.cash has attracted more than 1.700 investors from all the 28 countries of the European Union in about a year work. By the end of January 2018, the sum of raised investments reached € 2,8m. In total, investors earned € 160.000 by investing in short-term PDL-loans issued in Kazakhstan and Spain.
“Switzerland is a strong internationally oriented financial center with a long-standing history of the crowdfunding market. We believe that the Swiss investors will greatly appreciate the opportunity of automated investments in high-turnover loans,” - commented the news Sergey Sedov, the Founder and CEO of the platform Robo.cash.