Robocash Account Information

 

Excerpt From The Full February 2020 Monthly Update

 

Robocash

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Robocash Account Screenshot 1 - Feb 2020 P2P Lending Update

 

Robocash was having a lot of cash drag (un-invested cash) in January so I finally decided to withdraw some Euros and try out another platform (PeerBerry). Of course just after I did, they got an influx of loans from Singapore at around 10%-11%.

So, once I bought some more Euros in February I topped the account back up to €5k and bought in to the Singapore loans by setting up a new portfolio specifically for those loans.

XIRR dropped a bit again 11.99% in January to 11.85% in February as the target rates for the Singapore loans are lower (around 10%). Still just under the lender target rate of 12.00% though. Another easy auto-invest account which requires no maintenance at all, provided they can keep the new loan flow up of course.

 

Robocash Signup & Cashback Offers

No cashback offers with Robocash this month

Use this link to check for new Robocash cashback offers or to open an account >>> 

 

 

Excerpt From The Full January 2020 Monthly Update

 

Robocash

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Robocash Screenshot 2 - January 2020 Update

 

Robocash was having a lot of cash drag (un-invested cash) in January so I finally decided to withdraw some Euros and try out another platform (PeerBerry). Of course just after I did, they got an influx of loans from Singapore at around 10%-11% so if I would have waited a bit more the cash drag probably would have subsided. Oh well, at least I got to try another platform.

XIRR dropped a bit again from 12.36% in December to 11.99% in January because of the cash drag. Still right at the the lender target rate of 12.00% though, so no complaints here. Another easy auto-invest account which requires no maintenance at all, provided they can keep the new loan flow up of course.

 

Robocash Signup & Cashback Offers

No cashback offers with Robocash this month

Use this link to check for new Robocash cashback offers or to open an account >>> 

 

Excerpt From The Full December 2019 Monthly Update

 

Robocash

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RoboCash Account Screenshot for December 2019 P2P Lending Update

 

Robocash XIRR dropped a bit again from 12.62% in November to 12.36% in December. Still getting a little bit of cash drag here but it is still a bit better than the lender target rate of 12.00%, so no complaints here. Another easy auto-invest account which requires no maintenance at all.

 

Robocash Signup & Cashback Offers

No cashback offers with Robocash this month

If you’re planning on investing with Robocash, please use this link to open an account >>> so they know I sent you. 

 

 

Excerpt from the Full November 2019 Monthly P2P Lending Update

 

November 2019 Monthly Update

 

Robocash

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Robocash XIRR dropped a bit again from 12.65% to 12.62% in November. Still getting a little bit of cash drag here but it is still a bit better than the lender target rate of 12.00%, so no complaints. 

 

Robocash Signup & Cashback Offers

No cashback offers with Robocash this month

If you’re planning on investing with Robocash, please use this link to open an account >>> so they know I sent you. 

Robocash Account Screenshot for November 2019 P2P Lending Update

 

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October 2019 Monthly Update

 

Robocash

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Robocash had a bit of cash drag in October, but like Grupeer it’s gone now.  XIRR dropped a bit because of this to 12.65% which is still a bit better than the lender target rate of 12.00%, so no complaints here. 

 

Robocash Signup & Cashback Offers

No cashback offers with Robocash this month

If you’re planning on investing with Robocash, please use this link to open an account >>> so they know I sent you. 

RoboCash Account Screenshot 1 - October 2019 Update

 

 

September 2019 Monthly Update

 

Robocash

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Robocash is another account which requires zero time to mange. Zero cash drag and a fully auto-invest account has delivered XIRR returns of 13.05%. 

They have been swapping out some loan originators over the last couple of months but still no problems with the overdue loans affecting the return rates or cash drag.

I finally did a full review of Robocash if you’re interested in taking a look.

 

Robocash Signup & Cashback Offers

No cashback offers with Robocash this month

If you’re planning on investing with Robocash, please use this link to open an account >>> so they know I sent you. 

Robo.Cash Account Screenshot - August 2019 Peer to Peer Lending Update 1

 

 

 

August 2019 Monthly Update

 

ROBOCASH

Review

RoboCash Account Screenshot for Peer to Peer Lending Update - August 2019 1

 

I like Robocash as it is another account which requires zero time to mange. 

Still no problems with the overdue loans. There is always quite a high percentage of loans late, and they just get bought back each day by the buyback guarantee. It does not affect the returns on the account at all.

They are currently showing XIRR returns of 13.20% right now, up from 12.03% last month and quite a bit higher than the 12.00% target RoboCash suggests. No complaints here about that. It seems that most of the euro lenders seem to under promise and over deliver on the returns which I really like.

 

No cashback offers with Robocash right now but if you’re interested in investing with them, please use this link so they know I sent you. 

 

July 2019 Monthly Update

 

ROBOCASH

No Review Yet

RoboCash Account Screenshot for Peer to Peer Lending July 2019 Update 1

RoboCash Account Screenshot for Peer to Peer Lending July 2019 Update 2

Robocash is another account which requires zero time to mange. Easy-peasy-lemon-squeezey. I have no idea what that means but I knew a friend who always used to say it so it’s stuck in my head.

Still no problems with the overdue loans. There is always quite a high percentage of loans late, and they just get bought back each day by the buyback guarantee. It does not affect the returns on the account at all.

They are currently showing XIRR returns of 12.03% which is right where it should be and a little higher than the 12.00% target RoboCash suggests. No complaints here about that.

 

No cashback offers with Robocash right now but if you’re interested in investing with them, please use this link. 

 

June 2019 Monthly Update

 

ROBOCASH

No Review Yet

Robo Cash Account Screenshot for June 2019 Peer to Peer Lending Update

 

If you remember in last months update, I mentioned about the number of overdue loans with RoboCash. Well, as I was told at the time, there is no problem at all. It is just part of short term lending. I’ve been watching them and they change day by day. There is always quite a high percentage of loans late and they just get bought back each day.

No worries with RoboCash. I will be investing more euros here too once I buy some. They are currently showing XIRR returns of 12.11% which is a little higher than the 12.00% target. No complaints here about that.

 

 

May 2019 Monthly Update

 

ROBO.CASH

No Review Yet

Robo Cash Account Screenshot for May 2019 Update 1

 

 

Robo.Cash is another euro lender I have been watching for many months. I’ve only been investing with them since April but already the overdue loans are a huge percentage of the portfolio (see above) 😯

I understood it was possible to see around 50% of loans late, however when you see around 70% overdue, it becomes alarming! Not to worry though, I called a few folks I know who have been investing with Robo.Cash for a while, and they say it’s normal with these types of payday loans.

Robo.Cash have 100% buyback guarantees on all of them, so it really doesn’t affect the individual investor (providing of course Robo.Cash and their loan originators stay in business).

Apparently the high interest rates they charge the borrowers cover all of the overdue loans, and with most of them, they are able to bring back to current by working with the borrower. Just another day in the office for these guys apparently. 

You can see below again how Robo.Cash are similar to Mintos with the multiple loan originators.

 

Robo Cash Account Screenshot for May 2019 Update 2

 

 

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