" class="no-js "lang="en-US"> Robo.cash crossed the mark of 20,000 investors in October
Saturday, March 25, 2023
MPE 2023

Robo.cash crossed the mark of 20,000 investors in October

More than 20 thousand investors are now customers of the European investment platform Robo.cash. At the same time, portfolios with a balance of more than 25 thousand euros occupy the first position in net deposits.

In October, already more than 800 customers joined Robo.cash, bringing the total number to 20,196*. The average investment is currently 4,034 euros, which is 21% more than at the beginning of the year. In total, investors have earned more than 4.4 M euros.

For the most part, the number of customers is growing at the expense of investors from Germany (28%). Spain is in second place with 16%, and Italy closes the top three (6%), displacing Bulgaria, which ranked 3rd in 2020. It is also worth noting that this year the net deposited funds of customers from France, Holland, Great Britain and Estonia has grown especially.

There is also an increase in the balance of the status investors’ portfolios. Thus, the Diamond Group (25K +) is the largest group in terms of funds. For comparison, in July, the first place was occupied by portfolios from 1 to 5 thousand euros.

“Current statistics show that investors use small sums to get acquainted with the platform and gradually build up their balance. This definitely speaks of the growth of trust in the company. In turn, customers are actively expanding their portfolio to obtain Diamond status because it represents a very favorable combination of profitability and reliability”. – comments Grigorii Shikunov, Deputy Chief Financial Officer of Robocash. 

*data taken for October 28, 2021

People In This Post

Companies In This Post

  1. BondExchange Launches First Embedded Surety Application Read more
  2. Invstr Named Best Social Trading Platform of 2023 by FinTech Breakthrough Awards Read more
  3. Ally Names Russell Hutchinson as Chief Financial Officer Read more
  4. Interactive Brokers Expected to Raise Interest Rates to USD 4.33% on Instantly Available Cash Read more
  5. Bit Digital, Inc. Announces Strategic Investment in Auros Global Limited Read more
US Fintech Symposium Sidebar