Robocash Review: My P2P Investing Returns with Peer-to-Peer Lending Robocash

Robocash Review My P2P Investing Returns with Peer-to-Peer Lending Robocash
My Review on Robocash P2P Platform
  • Invested in Robocash - €2 500
  • Self-reported returns - 12%
  • Passive earnings per month - €24
  • Investing time on Debitum - 7 months
4.9

My Robocash Overview:

Based on the review provided above, Robocash is, of course, not a perfect platform but it may be the right peer-to-peer lending platform for you because the platform offers a solid 12% rate of return, 100% growth rate annually, and safe investing.

Robocash gives investors a buyback guarantee to ensure safe investing online. It’s also a part of a bigger and more solid group, which is assuring enough for you to make an investment.

For as low as 10 euros, you can start investing and see your returns accumulating each day. Also, as they offer short-term loans starting from 30 days, your money is very liquid, as you can withdraw them after the loans are paid. So it is easy to test the platform and see it for yourself whether you like it or not.

I highly recommend it to try it out. Robocash is one of the highly-rated P2P platforms on the European crowdlending market.

Update after COVID-19 2020 crisis: Read why I included Robocash in my list of the Best Peer to Peer Lending Platforms to Survive the COVID-19. Also, check out our p2p cashback offers available for new investors.

Introduction to P2P Lending Platform Robocash

Before proceeding with my Robocash review, let’s explain to the beginners what Peer-to-Peer lending is.

What is Peer-to-Peer Investing?

Peer-to-peer lending, for short P2P lending, is a type of loan service, where a P2P business lends money to companies and individuals online and matches lenders with borrowers. The P2P services are often offered online as it is cheaper than the traditional financial institutions.

The result is that lenders earn higher returns compared to deposits and savings accounts, provided by banks. And at the same time, borrowers can borrow money at lower interest rates. 

Thanks to the development of the FinTech industry in the last 10 years, we are now able to earn interest rates on our cash higher than even. And we don’t even have to go to the local office to do so.

For the past 30 months, I have been actively investing in 18 platforms for P2P and Crowdlending platforms, and in this article, I will make a review on one of the most famous European Peer-to-Peer lending platform – Robocash.com. If you haven’t read my previous review on the Debitum.network lending platform, go check it out.

Let’s do this FIRE-starters!

What is Robocash?

Robocash is a type of peer-to-peer lending platform that offers payday loans in a short period of time. It is owned by the Russian Robocash Group which was founded in 2013.

In February 2017, the group introduced the Robocash platform in the market and has, later on, attracted a larger network that patronizes its services. Every year, the group gets a 100% growth rate on top of the figures and statistics shown below.

Robocash Review

Sign-up. Earn 14% Interest

Robocash works like a robot in a way that you can auto-invest in different peer-to-peer loans. With this concept, you don’t have to monitor or take action every time you want to invest because Robocash does the work for you.

Whenever you have excess money in your Robocash account, the platform automatically puts the money in new loans.

What Robocash can offer is a buyback guarantee. Robocash will repurchase the loan in case the customer defaults in repaying it. This is your assurance that you will get back what you invest unless Robocash loses all its money and can’t pay you anymore.

Robocash is mainly located in Riga, Latvia but it offers loans in Europe and Asia. We’ve written our new guide on how to lend money for profit.

What Return Can I Expect from Robocash Give?

Robocash offers about a 12% rate of return. It is the average percentage you can get for investing through the platform. 

If you will try to compare it with other lending platforms such as Grupeer, Mintos, and PeerBerry, the percentage is just about the same.

Who Can Invest on Robocash P2P Platform?

People who are currently living in Switzerland and the European region can invest in Robocash as of this writing. If you are living in those areas, you can definitely start creating an account individually or as a company.

But, if you are from other countries, don’t worry. According to the website of Robocash, it will add more countries so other interested investors can earn in the future even if they are not from the main regions state above.

To open an account and invest, you must prepare to submit the following on their platform:

  • A European bank account;
  • Identification cards for verification of identity;
  • 18 years old and above.

You must meet all of these requirements before you can fully use the good investing features of Robocash.

Is Robocash Safe?

When investing online, your number one priority should be security and safety. You don’t want to fall in the traps of online scammers and fraud. 

Luckily, Robocash is a lending platform that gives solid security to its users by means of its buyback guarantee. So, it’s good to say that Robocash is safe for online and offline investors.

Robocash Buyback Guarantee

Sign-up. Earn 14% Interest

Does Robocash Offer Buyback Guarantee?

Not all customers have the full capacity to pay off their loans especially when they face financial struggles even after getting the loan. 

If you are investing in other lending companies and platforms, you would know about this. A good thing about Robocash is that you are a secured investor the moment you put your money on the platform.

A buyback guarantee is a form of security offered by Robocash. It helps you secure your money as an online investor. If your borrower does not pay for more than 30 days already, Robocash will purchase a portion of this loan in order to help you out.

The platform will also pay you the interest that you could have earned should the borrower paid the payday loan. Since the buyback guarantee is given by the Robocash, let’s take a closer look at how safe it is to transact with Robocash.

How Solid and Stable is Robocash on the Peer-to-Peer Market?

Although Robocash is a separate entity from its parent, it operates under the management of a strong group of companies. Compared to other peer-to-peer lending companies that don’t belong to a group, Robocash is more stable and solid.

Looking at this situation, there are two sides to the story. Since Robocash is running under a group, it does not have to make revenues and profit just to survive the day-to-day challenges of a business.

On the other hand, if other assets of the group deteriorate, Robocash has no choice but to go down with the group. This is a bit different from the setup of other lending companies out there.

What’s I Love about Robocash?

Disclosure: Bear in mind that any investment, no matter the platform or the assets, carries a risk of losing your money. Even keeping them in the bank. So do your own research before investing first. Invest only as much as you are willing to lose, without affecting your livelihood.

If you try to look for reviews, Robocash has much positive feedback from customers. What makes it a great platform to use is that it’s easy and simple to use. There are numerous things to like about Robocash, including:

1) Being a part of a solid and profitable group.

2) Loans are offered for a short period of time only, which means it is more liquid.

3) It gives up to a 12% rate of return without having to monitor the platform all the time because of the autopilot feature.

4) Robocash bears all the risks even if the borrower doesn’t payback.

Here is How to set up a Robocash Auto-Invest Strategy

Robocash Review Auto-Invest Function

Now, if you are ready to set up an account in Robocash, make sure to secure enough funds to get started. Creating an account and having your money are the top two things you should have. Once you are done setting up, you need to log in to your account and click “Invest.”

You have to provide the following: the name of your investment, the amount you want to invest, the rate of interest you want to get from your investment, and how you want your money to be invested. 

You have the option to reinvest the whole amount that you will get or minimize it. You can also choose to invest in a 30-day loan alone. My time cap for loans is set on 45 days max.

The Best Robocash P2P Alternative Platforms

The platforms with alternative ROI to Robocash stable 12% are Peerberry, Mintos, Swaper, Viventor, Lenndy.

Final Thoughts of My Robocash Review 

Based on my Robocash review provided above, Robocash is, of course, not a perfect platform but it may be the right peer-to-peer lending platform for you because the platform offers a solid 12% rate of return, 100% growth rate annually, and safe investing.

Robocash gives investors a buyback guarantee to ensure safe investing online. It’s also a part of a bigger and more solid group, which is assuring enough for you to make an investment.

For as low as 10 euros, you can start investing and see your returns accumulating each day. Also, as they offer short-term loans starting from 30 days, your money is very liquid, as you can withdraw them after the loans are paid. So it is easy to test the platform and see it for yourself whether you like it or not.

I highly recommend it to try it out. Robocash is one of the highly-rated P2P platforms on the European crowdlending market.

Sign-up. Earn 14% Interest


Some links on this page may contain affiliate links, which means that I may earn a commission if you register through them. None of the posts on this blog have been sponsored. Opinions are mine.

Thanks for Reading

Enjoyed this post? Share it with your networks.

Leave a Feedback!