Press room

Newsroom

img

Trends driving alternative lending in Southeast Asia in 2019

11.10.2019

Analysts at Robocash Group have defined trends around alternative lending in Southeast Asia in the current year. One of the most significant indicators of the trend is the attention to alternative lending in SEA from local non-financial companies. At the same time, partially facilitated by the sharp tightening of the regulation of P2P lending in China, an increase in the number of players has made governments in Southeast Asia pay…

Read more
img

The Future of Money: Getting Loans is Now Quicker than Getting a Haircut

28.09.2019

Gone are days of waiting for months on end to hear back on loan applications, which only had a 50 percent chance, at best, of being approved – Robocash, a financial technology company that provides consumer lending and marketplace funding, claims it can process loans in up to 15 minutes.

Read more
img

Peer-to-peer lending (P2P Lending) in Asia is growing impressively, Singapore continues to lead

29.09.2019

Over the past 5 years, countries in Asia have actively promoted the development of this type of service, such as Singapore, Indonesia, Korea or Thailand. Today, modern technology helps financial technology companies (Fintech) connect borrowers directly to lenders, providing alternative lending solutions even when they do not have a credit history. One of such loans in the fintech industry is peer-to-peer (P2P) lending, which allows investors to obtain loans directly from…

Read more
img

TOP 3 countries in APAC with the highest weight of P2P lending to GDP

26.09.2019

As the analysts of Robocash Group found, China, New Zealand and Australia have the highest weight of P2P lending on their domestic economic background in APAC. In particular, they have $18.5, $1.1 and $0.2 made by the segment per every thousand of GDP, respectively. In the mid-term perspective, the countries are expected to keep leading positions in spite of either potential or already occurred regulatory changes.

Read more
img

Fintech adds 8% to the welfare of Indians, says study

19.09.2019

Over the six years from 2013 to 2018, the average multiplicative contribution of fintech to the growth of per capita income in India amounted to 40 international dollars per year (PPP), the analysts of Robocash Group measured. The analysts found out that the multiplicative effects of fintech have contributed significant 8 percent to an increase in the wealth of Indians.

Read more
img

A third of Indians are constantly short of money and 88% admit that they lack financial literacy

10.09.2019

Financial literacy is as important as it is to earn well. However, Indians seem to be facing difficulty in planning their personal budgets. According to a customer survey done by financial group Robocash Group, roughly one-third (30%) of Indians fall short of money every now and then. Also, close to 88% respondents of the survey feel that the gaps in their personal budget is due to the lack of financial knowledge.

Read more
img

Online Customers in Asia prefer Asian-made Gadgets for Making Payments: Report

06.09.2019

Smartphones have become a multi-purpose tool to deal with an immense number of tasks in our everyday life owing to its higher affordability and functionality. When it comes to online lending, mobile solutions only strengthen its advantages. A recently published report says that Asian markets have demonstrated a strong predominance of Asian-made smartphones as a tool to search and obtain online financing.

Read more
img

Popularity of P2P Lending High in Asia than Europe, says Report

02.09.2019

Gone are those days when an individual couldn’t obtain loans because he/she didn’t have a credit history—the first screening criterion to obtain loans from banks and financial institutions. Technology has now enabled fintech companies to directly connect borrowers with lenders, providing an alternative to get loans even if burrowers don’t have a credit history. One such lending within the fintech industry is peer-to-peer (P2P) lending, which enables burrowers to obtain…

Read more
img

63% of Asian customers using online financing have long-term saving goals, reveals survey by Robocash Group

30.08.2019

In a press release earlier today (30 Aug), Robocash Group, an international robotic financial service group, released the findings of its latest survey which shows that 80% of customers in the Philippines, India, Indonesia, and Vietnam using online financing services are currently saving for different plans, with 63% of respondents setting their sights on long-term saving plans.

Read more
img

48% of Indians choose online financing tools because of higher speed

28.08.2019

In the era of digital technologies, time has become the most valuable asset. It correlates with findings of Robocash Group that the speed of service is in the highest priority for a half of customers of online financing tools. In the survey conducted by the company in the Philippines, Indonesia, Vietnam and India, every other (50.4%) respondent mentioned this factor in the first turn. Particularly in India, speed is of…

Read more
1 2 6 7