Press room


SEA&SA 83% drop in fintech startups; investors opt for risk-averse strategies


Singapore | February 23, 2023 — In 2022, the countries of South & Southeast Asia saw a YoY decline of 83% in new fintechs, with only 349 startups emerging in the region. However, the volume of investments has not decreased so dramatically, with investors choosing less risky strategies, as revealed by the analytical centre of Robocash Group. The newly formed fintechs were able to raise about USD 153 M via…

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Substantial growth in Payments & Transfers, Alternative Lending, E-Wallets and Digital Banking sectors over the past two decades


The amount of fintech companies in Payments, Alternative Lending, E-Wallets and Digital-banking has grown 3588% since 2000. The highest concentration is in Alternative Lending (43.4%), followed by Payment&Transfers (39.6%)  as per the State of SEA Fintech 2022 Report by Robocash Group.     Singapore | February 9, 2023 —  It has been estimated that by 2022, the total amount of fintech businesses involved in Payments & Transfers, Alternative lending, E-Wallets…

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Latin America raises its appeal for FinTech business in 2023


2023 promises to be a year of explosive growth for the fintech industry in Central and Latin America. The unique demographic situation and growing scale of the population’s use of fintech solutions put this macro-region in a favourable perspective for development of the fintech businesses, revealed by the analysts of Robocash Group.   Singapore | January 17, 2023 —  The fintech services in Central and Latin America are already experiencing…

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Who would win the FinTech World Cup-2022?


Following the group distribution of countries in the 2022 FIFA World Cup, Robocash Group analysts estimated that the USA, Canada and Australia would be the winning top-3 countries if the current World Cup in Qatar was not centred around football, but FinTech.    Singapore | December 22, 2022 —  The purpose of the study is to analyse the level of fintech development across several countries – the finalists of the…

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Southeast Asia increase of senior FinTech users due to the population ageing


Robocash Group analysts revealed that 2050 will mark the age shift in the FinTech audience due to an actively ageing population in Southeast Asia. The most active FinTech audience aged 14 to 65 years will move into the 65+ group, making it the largest increase of 2x in its share.   Singapore | December 1, 2022 —  As of October 2022, in the SEA region, there were about 426.5 million…

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Southeast Asian countries are close to being on par with Singapore on FinTech regulation


A tightly-knit group of Philippines, Malaysia, Thailand and Indonesia are following closely behind  Singapore. Singapore continues leadership in FinTech regulation in Southeast Asia, affirmed by the analysts of Robocash Group.   Singapore | November 15, 2022 — A comparative picture of national FinTech regulation in the countries of Southeast Asia is based on the sum of 13 criteria based on the public information – availability in the country of  special…

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Robocash Group sees a 127.8% increase in net profit for 9 months in 2022


Singapore-based FinTech holding Robocash Group has published financial highlights for the 9M 2022. The revenue for the nine-month period reaches 346.8 M USD. Meanwhile, the net profit has jumped to 43.5 M USD, poised to continue the upward momentum.    Singapore | October 26, 2022 — Robocash Group continues to outpace its own operational and financial results for 2021. For the nine-month period of 2022, the Group issued USD 881.7…

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Singapore fintech Robocash Group announces Audited First Half 2022 financial results


A Singapore fintech holding, Robocash Group publishes the audited financial statements for the first half of 2022. The Group’s revenue is up by 53.1% to USD 214.2 M, over the same period of 2021.  Singapore | October 4, 2022 — Robocash Group, a Singapore-based fintech group of companies of digital financial services operating in Asia and Europe, today announced its audited financial results for the six months ended June 30,…

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Positive change in the Philippines pushes financial inclusion forward


Digital lending, savings deposits and mobile money are set to be the most promising FinTech sectors in the Philippines going forward, according to analysts from Robocash Group. Singapore | September 2, 2022 — The Global Findex database is a global extensive survey done every 4 years by The World Bank. Its goal is to track the development of financial inclusion and digital finance in the world. The current edition released…

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Robocash Group appoints new CEO


Singapore fintech group of companies Robocash Group has appointed Natalya Ischenko as a Chief Executive Officer to take over from Sergey Sedov, who will remain in the position of Chairman of the Board after nine years in the lead.   Singapore | August 4, 2022 — Robocash Group is pleased to announce the appointment of Natalya Ischenko as Chief Executive Officer and Ivan Adamovich as Chief Financial Officer. Sergey Sedov,…

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