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Insights on the Fintech ASEAN Development 2018 – a Robocash report in partnership with Deloitte –revealed that fintech investments in Southeast Asia are driven by market capacity, where 89 percent of surveyed companies reported that the low penetration of banking services has brought the region to the forefront in the development of Fintech.

76% of customers applying for personal loans online in India prefer smartphones of the four mobile phone brands. Samsung is leading with 26% of customers using its devices. It is followed by Vivo (18%), Xiaomi (16%) and OPPO (16%). These figures have been based on the data of more than 156 thousands unique customers of the alternative lending holding Robocash Group in India who used the company’s local lending service…

A new report from online lending firm Robocash Group has found that 25% of Filipinos prefer smartphones made by South Korean company Samsung. The second place was taken by the Chinese smartphone brand Oppo with its low and middle-priced gadgets catching up with Samsung: they are used by 20% of Filipino smartphone users. Other brands are ranked lower lagging behind significantly.

More people in Indonesia are searching for online loans, resulting in the country overtaking its peers Vietnam and Philippines by significant margins. At the beginning of 2017, online loans were more popular in the Philippines whereas in Indonesia they were almost at the same level as in Vietnam according to research by Robocash Group. Overall, demand for online loans in all three countries is growing steadily. In January 2017 the number of…

In India, Indonesia, Vietnam and the Philippines, the age bracket also counts as the largest borrowers. According to studies by financial leasing company Robocash Group, over two out of five (44.7%) of short-term bonds in Vietnam were given to Gen Y or millennials aged 25 to 30 years, rendering the age company the largest borrower for short-term payments in the nation.

Filipino women are pragmatic borrowers likely to close existing liabilities within five to 15 days, a recent financial study reported. International financial group Robocash conducted the study in India, Indonesia, Vietnam and the Philippines to outline the correlation of the terms of loans and the gender of those taking them per country.

The Small Business Credit Survey (SBCS), a national collaboration of the 12 Federal Reserve Banks, delivers timely information on small business financing needs, decisions, and outcomes to policymakers, lenders, and service providers. The report findings provide an in-depth look at small business performance, debt holdings, and credit experiences, complementing national data on lending volumes and lender perceptions.

When FinTech is mentioned, the e-wallet or e-Pay icon comes to mind for some. FinTech, or financial technology, will move beyond from being a function provided by financial institutions as it can be presented across all sectors. In Southeast Asia, the prospect for FinTech reach in society is high. A report by online lending platform Robocash and Deloitte confirmed the appeal of the Asean market for the FinTech sector. It is anticipated that…

When fintech is mentioned, the e-Wallet or e-Pay icon comes to mind for some. However, this new industry involves much more than financial transactions or services. Fintech, or financial technology, will move beyond simply being a function provided by financial institutions as it can be presented across all sectors, applying cloud-based technologies that combine open source software and blockchain technologies. Within the South-east Asian region, the prospect for fintech reach within…

The Philippines, Indonesia, and Thailand have recently been recognized as the top countries in the Southeast Asian region where fintech lending initiatives can be grown and expanded. Robocash found out in a new survey that the three countries have displayed favorable fintech conditions for lenders who are interested in growing their businesses in Southeast Asia (SEA).