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5 countries leading Southeast Asia’s fintech revolution

22.02.2019

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.

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Interview with Sergey Sedov, CEO Robocash Group, at Paris Fintech Forum 2019 (video)

05.02.2019

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.

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Alternative lending in the Philippines

05.02.2019

The Philippines develops fast, growing by about 6% yearly since 2010. In the same period, the country has shown the best dynamic, going by the net inflow of foreign investments among Southeast Asian countries. According to the World Bank, the figure increased ninefold from 2010 to 2017. Yet despite the economy growing more than twice since 2001, the high level of poverty has remained and real wages have not changed…

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Inditrade and Robocash Group launch microlending operations in India

18.01.2019

Following the MoU signed last year, the financial companies Inditrade Capital and Robocash Group have launched an online service for short-term consumer lending in India. Given the increasing demand for digital lending, the service is expected to lead the segment in India in a period of 3 to 5 years.

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How Informal Employment in Emerging Markets is Boosting Fintechs in Alternative Lending

14.01.2019

The low unemployment rate characteristic for most developing countries can be attributed to the utter lack of unemployment benefits available. That’s what makes people ready for any job to satisfy the need in finance. Fintech companies are developing actively all over the world. This is true in particular for alternative lending services that demonstrate the highest momentum in the Asian emerging markets distinguished for insufficient financial inclusion. However, the growing…

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Fintech in Southeast Asia has a lot of potential

02.01.2019

The slow penetration of banking services provides opportunities for ASEAN financial technology to develop. Fintech (financial technology) has been a hot topic in recent years, growing in popularity as well as access level as many international companies shift to digitalization. A recent study conducted by international auditing firm Deloitte and Robocash Group shows that Southeast Asian countries have the greatest potential in the fintech market from now until 2020.

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Until 2020, Fintech’s Future in ASEAN Looks Bright

30.12.2018

Warta Ekonomi.co.id, Jakarta – Fintech is a hot topic lately. This technology is rapidly gaining popularity and adoption, because many global countries are undergoing complete digital transformation. A recent report by global accounting firm Deloitte, in partnership with Robocash Group, states that ASEAN countries have the highest potential in the fintech market until 2020.

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Why The Future of Fintech Looks Bright in the ASEAN Region

28.12.2018

Fintech is a hot topic these days. The technology is quickly gaining popularity and adoption, as many global countries are going through a complete digital transformation. A recent report by global accounting firm Deloitte, in partnership with Robocash Group, states that ASEAN countries have the highest potential in the fintech market up to 2020. The advanced landscape facilitates both the development of financial technologies and the inflow of investments is…

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Southeast Asia is the best market for fintech

31.12.2018

Countries belonging to the Association of Southeast Asian Nations (ASEAN) represent the greatest opportunity for fintech development in the near term, according to a new report by Deloitte and Robocash cited by Crowdfund Insider. Fintech investments in ASEAN countries in 2018 will exceed the $5.7 billion invested in 2017 by 20% to 30%, according to the report, which surveyed more than 60 private fintech firms.

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Aadhaar curbs may affect KYC process for payday loans: Inditrade chief

26.12.2018

Wikipedia defines payday loan as a small, short-term unsecured loan, ‘regardless of whether repayment of loans is linked to a borrower’s payday’. Inditrade-Robocash will provide small loans between ₹10,000 to ₹50,000 to individuals for a short duration, Bandyopadhyay told BusinessLine. It plans to use PAN and video verification for KYC purposes.

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