Robo.money has added Digido, a client lender from the Philippines, as a brand new originator on its platform.
The European peer-to-peer lending platform stated that Digido will supply client loans with annual returns ranging between eight and 12 per cent for a interval of seven to 183 days.
Learn extra: Robocash boss underlines group’s regional resilience
“The charges will probably be straight associated to the phrases, as standard,” Robo.money stated in a weblog publish on its web site. “Like all different mortgage originators on Robo.money, Digido loans include the buyback and the group ensures.”
Robo.money instructed buyers to regulate their portfolio settings to spend money on the brand new loans from the Philippines, in the event that they meet their funding technique.
The Croatia-headquartered agency revealed final month that it has attracted €63m (£55m) of investments on its platform since launching in February 2017.
The group has funded greater than €490m-worth of loans up to now and buyers have earned almost €10m.
Robo.money is owned by Robocash Group, an alternate finance group that operates throughout Europe and Asia.
Chief govt Natalya Ischenko lately stated that the group is planning to launch a brand new firm in Uzbekistan and to develop into Latin America this 12 months.
“We primarily contemplate areas which have broad prospects for growing entry to monetary providers,” she French weblog Investisseur nomade. “Additional, based mostly on this, we analyse whether or not this or that course is appropriate for our monetary mannequin.”
