Robocash Review

What is Robocash?

Robocash is a P2P platform from Zagreb in Croatia, founded in 2017.

It is a subsidiary of the eponymous Robocash Group.

On Robocash, only P2P loans are offered by loan brokers (loan originators) that belong to the same company.

Since its inception, the platform has financed loans worth approximately €500 million, making it one of the largest P2P platforms in Europe.

How does Robocash make money?

As a subsidiary of Robocash Group, the platform passes on its profits and losses to the parent company.

Which earns its money mainly, with interest income, commissions and other income from operations.

Who owns Robocash?

Robocash is owned by CEO & Founder Russian Sergey Sedov, who is also the owner of Robocash Group.

How secure (reputable) is Robocash? Is Robocash legal?

Unfortunately, Robocash is not officially regulated, which usually dispels any doubts of seriousness.

However, we would still rate Robocash as a reputable platform, especially due to its close relationship with Robocash Group.

Incidentally, the financed loan volume of more than approx. €500 million also speaks for the seriousness of the platform and also for the fact that it pursues a legal business model.

How does Robocash work?

If you want to use Robocash as an investor, you must first register and deposit money via bank transfer.

By the way, with the first transfer you also confirm the bank account to which you can make withdrawals in the future.

After registration you can invest directly in the offered credits.

You do not have to pay attention to anything except for a minimum investment amount of 1 € and that you can only invest automatically on Robocash.

It is not possible on Robocash to choose the loans individually.

You can invest in loans on the primary market (first issue of loans) or on the secondary market (loans from other investors).

How can I invest on Robocash?

You cannot invest on Robocash manually. You can invest in the loans only through Auto Invest.

Instead, you can use the automatic investment function Auto Invest to determine within minutes in which loans you want to invest.

The following settings are possible:

• Investment per loan,

• interest rate,

• term and

• reinvestment (repayment, withdrawal and reinvestment).

Robocash\'s Auto Invest makes a tidy impression and is largely self-explanatory.

With just a few clicks you can determine in which loans you want to invest.

How do I get cashback for investing?

If you sign up via our cashback link*, you will get 1% cashback after your registration.

For the calculation of the cashback, your investments during the first 30 days after your registration will be taken into account.

What are the warning signs to watch out for at Robocash?

At the current time, we have not noticed any warning signals with Robocash.

In the past, we had mentioned in particular the Russian connection of some employees and the founder and owner Sergey Sedov as a possible risk (Russia-Ukraine war).

However, as we expected, this does not result in any problems for investors, as Robocash as a group is internationally positioned (traded in Singapore and furthermore no Russian loans on the platform).