Posted by As of November 11, Robocash has increased its interest rates. The new rate structure is as follows: 8% for terms of 1 to 60 days, 9% for up to 90 days, 9.5% for up to 180 days, and 10% for up to one year. Investors looking for the maximum interest rate of up to 12% will have to lock up their capital for almost two years. The Robo Flow strategy remains unchanged at a fixed 6%.
Robocash attributes the adjustment to the expansion of its parent company UnaFinancial into Uzbekistan, as well as the growth of existing lenders. In addition, a limited-time promotion offering up to 2.5% extra cashback on new deposits is available until November 17. Investors using custom filters should check their selected loan terms and interest rates. Otherwise, their portfolios may not be invested under the new conditions.