Robocash review

Disclosure: All links to products and services mentioned on are affiliate links. If you go through them to sign up for a service I will earn a commission. Sometimes you will receive a bonus too.

This Robocash review is based entirely on my experiences. Always do your own research.

Robocash review – First impressions

I was a little skeptical investing into Robocash initially. They didn’t have much information available on their website and some parts were written in poor English. Furthermore they had this picture of Dmitry-Balakhnin (Chief Brand Officer) to represent the company. I’m sure Dmitry is a great guy but let me be honest to say I was hesitant to trust him with my money. (They updated the website shortly after I signed up in August 2017 and it looks a lot more professional now.)

                           Before                                                                 After

Don’t judge a book by its cover

However, they do offer a 14% annual return with buyback, which I find quite attractive, so I decided to do some research. As always, I did my homework and spend quite a few hours looking for reviews and other people’s experiences, financial statements etc. I found no obvious red flags and I saw they have participated in FinTech conferences and appeared on live interviews as well.

Finally, the frequent responses and good answers from the leaders of Robocash on p2pindependentforum convinced me to try them. (Click the link to join the discussion).

Buyback guarantee

All loans on Robocash has buyback guarantee. This means that if a borrower doesn’t make his payment, Robocash will give you your money back including interest earned for the time you held the loan.

In other words: Robocash guarantees that you will not lose money as long as they are profitable.

Are they profitable?

Robocash is well known and one of the trusted companies in the P2P space.

They started issuing payday loans back in 2010 and they were profitable in 2015, 2016, 2017 and they are on track to be profitable in 2018 as well. (See more the statistics on their “About” page).

The sign-up process

It’s quite easy to start investing. When you complete the 4 step process you are already earning interest.

Step 1 of 4

Robocash signup 1

Step 2 of 4

Robocash signup 2

Step 3 of 4

Robocash signup 3

Step 4 of 4

Setting up the auto-invest feature

You can set up different portfolios but you really only need one.

  • Choose a name for the portfolio
  • Set the size of the investment
  • Set interest rate to 14-15%
  • Select what should happen to repayments and interest
    • Balance
    • Payout
    • Reinvest full amount
    • Reinvest principal amount

I’ve never seen a direct payout option on a P2P site before. That is an interesting feature that makes investing much easier, if you just want to invest once and have your money returned right away.

“Reinvest principal amount” is another great feature, if you want to keep your investment at a certain level and only harvest the interest payouts.

If you’re investing towards financial freedom like me, you’ll want to set it to “Reinvest full amount”. auto invest

Exit strategy

Before investing into anything it’s vitally important to know your exit options. At some point you want to have your money back.

Robocash operates with two types of loans:

  • Microloan
  • Installment loan

For Microloans, there is no selling option, no secondary market. Before you freak out, let me remind you that the duration of Microloans is 7-21 days and the average duration is 18 days including extensions. That means you’ll be able to have your funds returned pretty fast, just by letting the loans expire and stop the auto invest feature. Worst case would be a maximum of 51 days (21 day duration +30 days for the buyback guarantee to kick in).

Installment loans have up to 1 year duration. Those can be sold to other investors and you will receive interest according to the number of days you held the loan. Go to “My investments” -> select Type = Installment -> select the loans you want to sell -> Hit the SELL button. secondary market

So what is my experience with Robocash?

12 months have passed since I made my first deposit. I have now invested a total of 6.000€ in Robocash and I’m very happy with my investment.

Lately investors have experienced some cash drag due to limited amount of new loans. It’s not critical though, most of my cash is invested on a weekly basis.

Robocash review
Screenshot from my account


It’s very easy to invest with Robocash. Using the website has been an absolute pleasure. Very simple design and yet it does everything it should. No manual work required whatsoever.

Only time can tell if they are able to keep up with the 14% interest rate in the coming years. Other platforms have lowered interest rates to 10-12% which is more or less market standard at the moment. We have not seen this trend on Robocash. When they added Installment loans in the summer of 2018, those were added with a 14.5% interest rate, even higher than the previous rate for short-term loans.

If you’re looking for a hands-off, easy to use investment platform with 12-14% returns, Robocash might be the right choice for you.

Follow my Robocash investment

See more detailed information about my Robocash investment on this page. I update the statistics every month!

21 Replies to “Robocash review”

  1. In Robocash, you cannot check if the interest paid to you is correct or not. Because you cannot check the date of purchase and date of repayment.

  2. Hi Sandeep. That is not entirely true my friend. You can find all information in the account statement. Even a detailed statement is available for download.

    1. Hello Jorgen, Yes you are right. In the detailed statement one can check it.

      Thanks buddy!

  3. Thank you Jorgen, after reading your blog and your review on ROBOCASH i invested today. Fingers crossed everything keeps smooth as you describt.

    1. Hi Uwe. I’m happy that you found my review usefull and wish you all the best with your investments. If you ever have any questions feel free to reach out, I’m here to help. Let’s get financially free together!

  4. Hello Jorgen,of all your loans at Robocash, EUR2046 is overdue. What does this actually mean and how does this translate in your monthly interest? I do see the same in my own account

    1. Hi Richard. It means that the borrower is late on his payment. It doesn’t affect my earnings, Robocash has buyback guarantee and pays interest for overdue loans as well.

  5. Hi Jørgen,

    In your screen capture, you have 2700 euros overdue in a portfolio of 6600 euros, that is more than 40%. I have a similar percentage. Don’t you find it a little bit scary? I mean, I know there is a buyback guarantee, but don’t you think this figure is too high to be sustainable? For example, in Mintos it is around 20%.

    I would just want to know your opinion on that.


    1. Hi Daniel. I don’t mind as long as Robocash’s financials are good. They are making money – and more money every year, so I’m not concerned.

  6. Hi Jorgen
    have you heard any news about Robocashes Philipines company. I have heard they have lost their license to operate in the Philipines.

  7. Hi,

    right now I have 2,5k in robocash. Cash drag is around 1,3k and all invested funds are overdue. It never happened before. Do you have similar situations?

    1. Hi Borut. Yes, I currently have 7.9k cash available, only 4.2k is invested into loans. I have seen cash drag on Robocash many times but never this much.

  8. Hi Jørgen,
    I was looking now at their about page and the financials have changed a bit. 2018 was only a forecast, so that’s okay that it’s actually lower, but why did the numbers for 2017 change? Do you have any more info about that?

    Thanks a lot!

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