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Online lending company Robocash Group has moved into the Islamic finance sector via a partnership in Indonesia with Reliance Finance. Robocash has launched a new Fintech service providing personal financing in full compliance with the Shariah law. Robocash said the new service has been labeled “Reliance Syariah.” This is Robocash’s tenth vertical platform since origination in Russia in 2013. Robocash said the potential addressable market of the service amounts to millions of…

Due to the difficulty of funding, microfinance organizations are looking for investors in neighboring countries According to the Russian Central Bank, in the first 10 months of 2018, the loan portfolio of the microfinance market reached 135 billion rubles. Compared to the same period in 2017, an increase comprised 28%. “The problem with funding is relevant for the whole microfinance market, except companies affiliated with banks. Regulatory changes, including an…

The future of financial technology (fintech) markets is in the ASEAN region. This is the result of Deloitte and Robocash Group’s research published in late 2018. The contents of the report claim that ASEAN countries have the largest potential fintech market until 2020. Low levels of financial inclusion in Southeast Asia are the main factor. Meanwhile, KPMG calls 73% of the population of ASEAN do not have an account in the banking…

Many of fintech firms are focused on peer-to-peer lending rather than marketplace finance. Nevertheless, the alternative finance market is growing and could expand to include POSF. “Fintech is a rapidly changing industry and inevitably brings in positive changes to the market…however, technologies connected with scoring, personal finance and other areas will definitely stay in focus in the long-term perspective,” predicted Sergey Sedov, CEO of Robocash Group.

The real scale of informal employment in developing countries is incomparably higher than the volume of goods and services produced in the informal sector. The longer traditional methods of assessing the real earnings of the population fall behind, the more customers alternative lending can expect, found Robocash Group.

Thailand is primed to be among the biggest winners from the fintech revolution in the years ahead. At the end of last year, a report by Deloitte  and Robocash concluded that Asean nations represent the greatest opportunity for fintech development thanks to their tech-savvy populations and governments. Thailand is particularly well placed: 82 per cent of its population is already online and 60 per cent currently use online banking. In addition, Thailand’s financial regulators are forward looking and technology aware.

Short-term loans or “quick loans” are widely known in Latvia. Such lending industry is not alien to the rest of the world. What is the difference between quick loans in Latvia and the world? Financial holding Robocash Group offers a study summarizing the main differences in the short-term lending sector around the world and concludes that the rapid credit industry has three types of rules.

In 2016, Felipe Zamora was thinking about diversifying GLFC’s products. “Unregistered lenders started broadening at how we look at the competitive landscape, and we started thinking how fintech companies will start posing challenges for us,” he explains. That same year an acquaintance introduced him to Segey Sedov, founder and CEO of Russian-based payday loan company Robocash, which was already operating with over 1,000 employees in his native country. Sedov was then…

In Southeast Asia, the financial technology sector is booming. But according to a recent report, released by international finance company Robocash Group, that growth is concentrated in five main countries. Here, Southeast Asia Globe breaks down the numbers behind their success.

What is Robocash Group about? Which markets does the company have in its footprint? What are the plans for the near 1-3 years? What about the regulation of the lending industry? Watch the interview with Sergey Sedov, Chief Executive Officer of Robocash Group, answering these and some other questions for Fintech Finance at the Paris Fintech Forum 2019.