Robocash Review You Should Know


Robocash Group, recognized for its prominence in the fintech sector, has embarked on a strategic rebranding journey, evolving its identity to Digido. This transition reflects the company’s commitment to innovation and enhancing user experiences through digital solutions.

Robocash is a legitimate financial company in the Philippines that provides free loans of up to PHP 10,000 for new clients. With a high approval rate of over 95%, Robocash offers quick loan processing without requiring warranty documents or pledges.

Customers can easily obtain loans through their website or mobile app, and the loan amount typically appears in their account within 2 days. The application process is easy and convenient, appealing to customers seeking financial assistance.

Additionally, Robocash operates as a P2P lending platform, allowing investors to invest in short-term payday loans with an average return of 10.00%. However, it is important to consider the risks associated with investing in such platforms.

Overall, Robocash provides a reliable option for individuals seeking accessible and hassle-free loan services in the Philippines.

Key Points

Features Details
Average Return Rate High average return rate of 10.00%
Investment Focus Short-term payday loans in emerging markets
Auto-Invest Feature Offers auto-invest feature for a hands-off approach
Diversification Opportunities Limited diversification opportunities on the platform


Pros and Cons of Robocash

This discussion will explore the pros and cons of Robocash, a P2P lending platform specializing in short-term payday loans.


One advantage of Robocash is its high average return rate of 10.00%, offering investors the potential for attractive investment yields. This means that investors can earn a significant return on their investment, surpassing what they might receive from traditional savings accounts or other low-risk investment options.

The platform’s focus on short-term payday loans in emerging markets also contributes to these high returns, as these loans often come with higher interest rates.

Additionally, Robocash offers an auto-invest feature that allows users to easily invest without manually choosing loan structures, making it convenient for investors who prefer a hands-off approach.

Overall, the high average return rate and user-friendly features make Robocash an appealing option for those looking to maximize their investment earnings.


A potential drawback of investing in Robocash is the limited diversification opportunities available on the platform, which may restrict investors from spreading their investments across various loans and loan originators.

Unlike other P2P lending platforms, Robocash primarily focuses on short-term payday loans, with occasional installment loans. While this may offer high returns, it also means that investors are exposed to a relatively narrow range of loan types and borrowers.

This lack of diversification can increase the risk associated with investing in Robocash, as any negative developments affecting a particular loan originator or borrower group could significantly impact an investor’s portfolio.

Therefore, potential investors should carefully consider their risk tolerance and evaluate whether the limited diversification opportunities offered by Robocash align with their investment goals and preferences.

What is Robocash Loan Service

Robocash Loan Service is a reputable financial platform that provides online loans to Filipino citizens. It offers quick loan processing and high approval rates for loan requests. As a legitimate company in the Philippines, Robocash Ph offers free loans of up to PHP 10,000 for new clients. The company has gained a positive reputation among customers due to its efficient loan application process and the absence of warranty documents or pledges required.

Customers can easily obtain loans through the Robocash website or mobile app, making it convenient for individuals who require immediate financial assistance. Whether they are individual entrepreneurs or hired workers, Robocash caters to their diverse needs.

It is important to note that there are limitations on the number of loans individuals can have, and late payments can affect eligibility for future loans. However, paying off previous loans on time can increase the loan limit. Additionally, if borrowers encounter any issues during the verification process, such as incorrect bank details or missing SMS codes, they can be corrected by contacting customer support.

Robocash Loan Service provides a reliable option for Filipino citizens seeking quick and accessible loans without complicated requirements. With its high approval rate and positive customer reviews, this platform offers an efficient solution for short-term financial needs.

Loans provided by Robocash

This discussion will focus on three types of loans provided by Robocash:

– Student loans are designed to help students finance their education and typically offer favorable terms and repayment options.

– Mobile loans provide quick and convenient access to funds through a mobile app or website.

– P2P loans, or peer-to-peer loans, involve lending money directly to individuals or businesses through an online platform, bypassing traditional financial institutions.

Student Loans

One important aspect to consider when exploring the services offered by Robocash is their provision of student loans. Robocash recognizes students’ financial challenges in pursuing their education and aims to provide accessible loan options for them.

Student loans from Robocash can help cover tuition fees, books, and other educational expenses. These loans are designed to be flexible and convenient, with quick approval processes and high approval rates. Students can apply for these loans through the Robocash website or mobile app, making accessing the funds they need for their education easy and convenient.

With competitive interest rates and repayment terms tailored to suit students’ needs, Robocash’s student loans offer a viable solution for financing higher education.

Mobile Loan

Moving on from the previous subtopic of student loans, let us now delve into the realm of mobile loans.

Mobile loans have become increasingly popular due to their convenience and accessibility. With just a few taps on their smartphones, individuals can easily apply for a loan and receive funds directly into their bank accounts.

Robocash, a prominent financial company in the Philippines, offers mobile loans through its website or mobile app. This allows Filipino citizens, whether individual entrepreneurs or hired workers, to access quick and hassle-free loans at their fingertips.

Moreover, Robocash’s high approval rate and positive customer reviews further highlight its reliability as a provider of mobile loans. By embracing this digital platform, individuals seeking financial assistance can experience liberation from traditional loan application processes and enjoy greater ease in managing their financial needs.

P2P Loans

P2P loans have gained significant popularity in emerging markets by offering investors the opportunity for double-digit annual returns on short-term payday loans.

Robocash is a crowdfunding platform specializing in P2P lending for consumer loans, particularly in emerging markets like Vietnam, Indonesia, Kazakhstan, and Russia. The platform allows investors to invest as little as €10 per loan, providing diversification opportunities. Most loans on Robocash yield between 10% and 13% annually, with repayment typically made by the end-borrower on the agreed-upon date.

The platform is a third-party intermediary between investors and loan originators, facilitating the lending process. Investors can utilize features like auto-invest to set investment parameters such as minimum and maximum amounts, interest rate range, and loan terms.

Since its inception, Robocash has offered an average annualized return of 12%. This makes it an attractive option for investors seeking higher returns in the P2P lending market.

Best Online Loans Similar to RoboCash

Our table will feature a range of premium online loan platforms operating in the Philippines, similar in scope to RoboCash
‘s services.

Company Loan Amount (PHP) Interest Rate Loan Term
Digido 1,000 – 25,000 From 0% to 11.9% Up to 30 days
MoneyCat 500 – 20,000 Up to 11.9% per month Up to 180 days
Kviku 500 – 25,000 1.2% per month Up to 180 days
Cashspace 1000 – 25,000 1.3% per month 2 – 4 months

Interest Rate for Robocash

The interest rate offered by Robocash is a significant factor to consider when assessing the potential returns of investing in their P2P lending platform. Robocash provides investors with an average annual return of around 12.00%, considered relatively high in the P2P lending industry. This means that investors can earn double-digit returns on their investments.

The interest rate offered by Robocash is attractive compared to traditional investment options such as savings accounts or fixed deposits, which typically offer lower returns. However, it’s important to note that investing in P2P loans comes with inherent risks.

Investors should carefully evaluate and understand the risks of investing in short-term payday loans before committing to their funds. The higher interest rates on these loans reflect the higher risk profile of borrowers with limited credit history or unstable financial situations.

It’s also worth mentioning that Robocash operates as a third party between investors and loan originators, providing an added layer of security through its buyback guarantee for delayed loans. This buyback guarantee ensures that if a borrower fails to repay their loan on time, Robocash will repurchase the loan from the investor.

Overall, while the interest rate offered by Robocash is attractive and can potentially provide high returns for investors, individuals need to assess their risk tolerance and diversify their investments thoroughly.

Robocash Loan Requirements

Potential borrowers must meet certain requirements to apply for a loan with Robocash. The company has set specific criteria individuals must fulfill to qualify for a loan.

Firstly, applicants must be at least 21 years old and not older than 70. They should also have a stable source of income, whether as an individual entrepreneur or a hired worker. Additionally, borrowers must be Filipino citizens residing in the Philippines.

Regarding documents, applicants must provide valid government-issued identification such as a driver’s license or passport. They must also submit proof of income, including payslips or bank statements reflecting their financial stability.

It is important to note that meeting these requirements does not guarantee approval of the loan application. Robocash conducts thorough verification processes to assess each applicant’s creditworthiness and repayment capacity.

By setting these eligibility standards, Robocash aims to ensure responsible lending practices and protect lenders and borrowers involved in loan transactions.

How Do You Get Approved for Robocash Loan

To obtain approval for a loan from Robocash, applicants must meet specific eligibility requirements and provide the necessary documentation for verification purposes.

To be eligible for a loan, individuals must:

– Be Filipino citizens

– Be either individual entrepreneurs or hired workers

– Be at least 21 years old but not more than 70 years old at the time of application

– Have a valid mobile number and email address for communication purposes

In terms of documentation, applicants need to provide:

– A valid government-issued ID card, such as a passport or driver’s license

– Proof of income, such as payslips or bank statements from the past three months

– Proof of address, such as utility bills or any other official documents that display their residential address

Once all the necessary documents are submitted and verified by Robocash, applicants can expect a quick loan approval process with a high approval rate. This allows borrowers to receive their requested loan amount within two days after approval.

By meeting these requirements and providing accurate documentation, individuals can increase their chances of being approved for a loan from Robocash.

Robocash Customer Support

Robocash provides comprehensive customer support through multiple channels, ensuring users can easily access assistance and resolve queries or concerns.

Users can contact Robocash’s customer support team via phone or email. This allows direct communication with a representative who can provide personalized assistance and address specific concerns.

The company understands the importance of efficient and effective customer service and offers support during operating hours. The operating hours vary depending on the location but generally range from 6:00 AM to 9:00 PM. This ensures that customers have ample time to reach out for assistance.

Furthermore, Robocash’s website provides detailed information about their services and a frequently asked questions (FAQs) section where users can find answers to common inquiries. This resource is available 24/7, allowing users to access information conveniently.

Overall, Robocash prioritizes customer satisfaction by providing various avenues for support and assistance. Whether directly communicating with a representative or accessing information on their website, users can feel confident that their concerns will be addressed promptly and efficiently.

Exclusive Features of Robocash

One notable feature of Robocash is its user-friendly website, which offers a range of tools and resources for investors to make informed decisions and conveniently manage their investments. The platform provides an auto-invest feature that allows users to invest in loans without automatically needing manual selection. This feature enables investors to set minimum and maximum investment amounts, interest rate ranges, and loan terms, allowing for a customized investment strategy.

Additionally, Robocash offers a secondary market where investors can buy and sell loans, providing liquidity and flexibility.

Another exclusive feature of Robocash is its loyalty bonus program. This program rewards investors based on their investment amounts, offering up to 1.3% bonuses. This incentivizes investors to increase their investment portfolio on the platform and potentially earn higher returns.

Furthermore, Robocash has implemented a buyback guarantee for delayed loans. If a borrower fails to repay their loan on time, the loan originator will repurchase the loan from the investor at its nominal value plus accrued interest. This provides an added layer of security for investors by mitigating the risk of default.

Overall, these exclusive features enhance the investor experience on Robocash by providing convenient tools for investment management, opportunities for additional earnings through loyalty bonuses, and added security through the buyback guarantee.

Whom Robocash Loan Suits Better?

Moving on to the next subtopic, let’s discuss who Robocash loans are best suited for.

Robocash offers short-term payday loans primarily targeting individuals in emerging markets such as Vietnam, Indonesia, Kazakhstan, and Russia. These loans provide an opportunity for investors to earn double-digit annual returns.

Robocash caters to individuals looking for investment opportunities with high returns and are comfortable with the risks associated with short-term lending. The platform allows investments starting from just €10 per loan, allowing diversification across multiple loans to mitigate risk.

It is important to note that eligibility requirements include being at least 18 years old and based in the European Union or Switzerland. This means that individuals outside these regions may not be able to access the investment opportunities Robocash offers.

Moreover, Robocash operates as a third party between investors and loan originators. They mainly focus on providing payday loans with repayment upon the borrower’s next payday. Although installment loans are also available with longer repayment periods, they are less common.

Overall, Robocash suits individuals seeking higher returns on their investments and are willing to invest in short-term consumer loans within specific geographical regions. However, it is crucial for potential investors to carefully consider their risk tolerance and financial goals before engaging with the platform.

Frequently Asked Questions

Can I invest in Robocash if I am not based in the European Union or Switzerland?

Investing in Robocash is only available to individuals based in the European Union or Switzerland. Therefore, if you are not located in either of these regions, you would not be eligible to invest in the platform.

Is there a mobile app available for Robocash?

Yes, there is no mobile app available for Robocash. The platform can only be accessed through its website. This may limit the convenience and accessibility of investing for some users.

What happens if Robocash were to go out of business?

If Robocash were to go out of business, there is a procedure to secure investors’ funds and provide information to a liquidator or administrator. This ensures that investors’ capital is protected and the necessary steps are taken to handle the situation.

Are there any investment fees on Robocash?

There are no investment fees on Robocash. Investors can invest without incurring any additional charges or fees. This allows for a more cost-effective investment experience and maximizes potential returns on the platform.

Can I invest in Robocash as a legal entity or company?

Investing in Robocash is not allowed for legal entities or companies. Only individuals at least 18 years old, have a bank account in the EU and have a verified identity can invest on the platform.

Robocash Competitors

Company Loan Amount (PHP) Interest Rate Loan Term Our Review
Digido 1,000 – 25,000 From 0% to 11.9% Up to 30 days Read Digido Review
MoneyCat 500 – 20,000 Up to 11.9% per month Up to 180 days Read MoneyCat Review
CashMart 3,000 – 150,000 From 0,8% to 3,5% Up to 6 months for new loan Read CashMart Review
EasyCash 5,000 – 25,000 0,33%-1% From 1 to 300 days Read EasyCash Review
Crezu 1,000 – 25,000 From 1.5% per month to 30% per year From 3 to 12 months Read Crezu Review
CashMe 2,000 – 20,000 0,08% per day Up to 3 months Read CashMe Review
Blend 50000 – 2 million From 1,5% to 3% monthly Up to 36 months Read Blend Review
Binixo 2000 – 30000 1% per day From 7 days to 30 days Read Binixo Review
Asteria Lending Inc 2000 – 50000 0.2% per day From 30 days to 120 days Read Asteria Review
Loanmoto 1,000 – 12,000 4% – 6% per month Read Loanmoto Review
Finbro 1,000 – 50,000 0.5% – 1.25% per day Up to 12 months Read Finbro Review
Kviku 500 – 25,000 1.2% per month Up to 180 days Read Kviku Review
Binixo 2000 – 30000 1% per day From 7 days to 30 days Read Binixo Review
PesoQ 5,000 – 20,000 4% – 6% per month 91 – 365 days Read PesoQ Review
GCash 5,000 – 25,000 From 3% to 15% From 15 to 90 days Read GCash Review
CashBee 2,000 – 20,000 0,3% daily From 30 to 120 days Read CashBee Review
Revi Credit Philippines 1000 – 250,000 1% – 5% From 6 to 36 months Read Revi Credit Review
Tala 1,000 – 25,000 15% – 15.7% From 15 to 61 days Read Tala Review
OKPeso Up to 24% From 96 to 365 days Read OKPeso Review
Vamo 1,000 – 30,000 From 1,3% From 10 to 3000 days Read Vamo Review
Flexi Finance Up to 25,000 From 365 to 1460 days Read Flexi Finance Review
JuanHand Up to 50,000 14.7% per month From 14 to 90 days Read JuanHand Review
Moca Moca 2,000 – 35,000 0.83% per month From 180 to 365 days Read Moca Moca Review
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