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Driving improvements in the digital space, 5G has accelerated financial inclusion in emerging markets in Asia. Analysts of the financial holding Robocash Group forecast that with its help, about 3 million of the unbanked and underbanked will get access to financial services in both Vietnam and the Philippines by 2025. Indonesia will have 9-11 million, and India – 60 million.

Online lending and microfinance have become a multipurpose solution for customers in Asia. These are the findings of an online survey conducted by Robocash Group in the region earlier this year. Remarkably, men and women apply with different needs in mind. However, already 35% of all respondents in India put the online segment in priority.

P2P lending is proving increasingly popular with investors according to a new report released by Croatia-based fully automated P2P platform Robo.cash. It recently completed a survey of European P2P investors dedicated to their financial results in 2019. Over half of the participants said that the alternative lending brought them the highest returns last year. The company expects that despite the coronavirus pandemic, the segment will keep the leading positions in 2020….

Installment consumer lending is one of the most promising segments of alternative finance in Southeast Asia in the coming years. These are the findings of analysts of the financial holding Robocash Group after studying different prerequisites across the region.

India has shown a moderate increase of 7 per cent when it comes to availing online financial services during this period of social distancing, a report has revealed. India is currently going through a 21-day lockdown that was imposed by Narendra Modi-led central government, as part of its plan to battle the novel coronavirus COVID-19.

69% of Vietnamese had a single loan, but only 31% had repeat loans. Fintech loans have become widespread in South Asia and Southeast Asia, where 44% of customers got repeated advances on online platforms in 2019, according to a Robocash study. Vietnam stood out with a 69% share in online fintech loan applications across the region but had the lowest number of repeat customers at 31%, as the service is still relatively…

MYANMAR, Cambodia and the Philippines pose the highest risks for alternative lending models in South-east Asia, a peer-to-peer funding platform has said in a ranking of regional opportunities, but it pegged Indonesia as a promising market for growth. Still, with a business model aimed at under-banked clients, Latvia-based Robocash – which also has offices in Singapore, Indonesia and Vietnam – asserted that “a high-risk background does not necessarily stand for extreme…

SINGAPORE : According to the results in 2019, the cumulative volume of consumer financing granted by the financial holding Robocash Group since its inception in 2013 exceeded $603 million. The total number of customers reached 9.0 million. Remarkably, one-third of 4.2 million of new clients that the company served in 2019 alone came from South and Southeast Asia. That was a 267% increase compared to 2018.

To celebrate the Lunar New Year, people requested $51-100 most often (26 percent). Meanwhile, Filipinos and Indonesians needed less than $50: 40 percent and 41 percent, respectively.  The fintech-holding Robocash Group has revealed insights regarding borrowing patterns of customers during the last Chinese New Year festivities in the Philippines, Indonesia and Vietnam.

The new customer survey by the fintech holding, Robocash Group shows that non-bank financial companies (NBFC) and microfinance institutions (MFI) are the first providers of credit for almost every third individual in Asia (31 per cent). Although the primary source of credit is still held by banks, alternative lending is also gaining traction. For example, the survey found that bank loans first were obtained by 41 per cent of respondents in India,…