Borrower demand in Asia has increased since the start of the pandemic
18.01.2021
According to statistics of the international holding Robocash Group, the average sum requested by borrowers in Asia has increased since the beginning of the pandemic by 46%. At the same time, the share of male borrowers and the average age of applicants has grown as well.
Robocash rolls out buy now pay later service in Philippines
22.12.20
Robocash Group has boosted in presence in Asia by launching its buy now, pay later service UnaPay in the Philippines.
Digital financial services drive the financial inclusion in the Philippines
24.11.2020
As revealed in a survey by a global fintech holding Robocash Group, the financial inclusion in the Philippines has grown considerably over the past three years. Its main driver is online services, which is confirmed by a 2.5-increase in digital payments between 2017 and 2020.
Robocash Group earned 16 mln USD in 9 months of 2020 and shared changes of its plans
17.11.2020
International: Robocash Group has published the results for January-September 2020. Despite the challenging time, it has improved its portfolio quality and all the performance indicators, by optimizing the core business processes.
Five Effects of COVID-19 on the Fintech Industry
05.08.2020
While on one hand the Covid-19 outbreak has blurred lines between banks and fintechs and accelerated digital adoption, it has led to decline in number of alternate lenders.
Post Covid-19: Non-bank lending will grow in Asia
22.07.2020
The COVID-19 pandemic has significantly changed the psychology of average borrowers. One of the near-time effects will be the growth of non-bank lending. According to a customer survey of Robocash Group in Asia, 50% of respondents say about a higher need for financing. Moreover, the decrease in incomes during quarantine have prepared 45% for active borrowing when restrictions are lifted. At the same time, the other 9% will be motivated…
Payday lender Robocash seeks US$5m for Philippine banking licence
04.07.2020
SINGAPORE-headquartered payday lender Robocash Group is seeking US$5 million to be used as regulatory capital for a thrift banking licence in the Philippines, ahead of plans to go public in Australia.
Majority in Indonesia, Philippines and Vietnam to transact digitally by 2021
22.06.2020
Faster funds transfer can add up to 0.5% in GDP growth for SEA.About 80% of the population in the Philippines, Vietnam and Indonesia will have made at least one digital payment transaction by 2021, with the share of active users making five or more e-payments per week exceeding 50%, according to a Robocash study.
Russia-founded fintech prepares $500m ASX listing
18.06.2020
It seems there’s no end to how far news of the red-hot Australian fintech sector will travel. Robocash has opened a pre-IPO funding round to finance the launch of its neobank in the Philippines.
Will digital financial services support Southeast Asian countries during recession?
16.06.2020
The advanced digital infrastructure has become one of the supporting factors for developing countries in Southeast Asia amid the current recession. Analysts of Robocash Group say that the region has approached this downturn in better shape. According to their estimates, Indonesia and the Philippines can achieve 2.2-2.8% of the GDP growth this year, Vietnam – over 4%.
