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The Indian financial company Inditrade Capital and Robocash Group announced the conclusion of a Memorandum of Understanding (MoU) to establish an independent NBFC business “Inditrade-Robocash” that will provide short-term consumer lending in India.

KOLKATA: Inditrade Capital is scripting a joint venture with Robocash, a global leader in payday loans, to venture into this online quick-loan segment. Payday loans are short term unsecured loans in small ticket size. Inditrade will be looking to provide loans ranging from Rs 10000 to Rs 50000 to small borrowers through this proposed venture, two people familiar with the development said.

Warta Ekonomi.co.id, Jakarta – Being a CEO does not mean just running a business. There are many tasks and responsibilities under his role. This vacation, take time out of your business to reduce chaos and make your own wish list. With the holiday season approaching, startup founders in the Asia Pacific region turned out to have their wish list for next year.

Being a CEO does not imply merely running a business. There are many duties and responsibilities that fall under his role. These holidays, take some time out of your business to cut down on clutter and make your own wishlist. With the holiday season fast approaching, we asked the founders of startups in the Asia Pacific region their wish list for next year. Here’s what they said

The potential application of blockchain has gone far beyond the financial realm. There are projects in insurance, copyright protection and other fields. However, the implementation of such projects is still a matter of future. Now, the use of blockchain turns to be more realistic in existing fintech companies.

The European Р2Р platform Robo.cash has been recently joined by a new loan originator LLP Z-FINANCE which provides short-term private lending in Kazakhstan. For the users of the platform, it means more opportunities to invest in short-term loans listed in euro with a repayment period up to 30 days and an expected interest rate up to 12% per annum.

In 2017, peer-to-peer (P2P) platform Robocash started its operations in the European Union (EU). Since then, it attracted more than €4 million. However, this cannot be called a traditional success story of a fintech start-up.