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

01.12.2022

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

15.11.2022

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

26.10.2022

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

04.10.2022

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

02.09.2022

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

04.08.2022

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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Robocash Group revenue raises 53.6% for first half of 2022

20.07.2022

A fintech holding headquartered in Singapore, Robocash Group continues to scale worldwide. The Group has managed to double the issuance volumes for the six-month period of 2022. The revenue for the period amounts to 214.9 M USD, up by 53.6% over the same period of 2021.    In the first half of 2022, Robocash Group issued USD 657.8 M worth of loans, 50% more than in H1 2021. The revenue…

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Alternative lending is winning over customers in Asia, bank loans hold strong in Malaysia and India

21.06.2022

Robocash Group revealed that the lending from traditional banks is being replaced by the non-bank options with the fastest growing rates in the Philippines and Singapore. The total opposites are Malaysia and India, where the banking sector is currently experiencing more rapid growth. According to Robocash Group, the Philippines and Singapore feature the fastest growing alternative lending sector. The Philippine bank loans being systematically replaced by the non-bank options. The…

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The Filipino families were able to increase savings by 25% in 2021

09.06.2022

The positive difference between income and expenses has grown by a quarter in three years. As the average Filipino household’s income had hardly increased, the savings were formed largely due to reducing costs, supported by a number of contributing factors, revealed by the analysts of Robocash Group.   Robocash Group analysts estimate that in the second half of 2022, the average monthly income of a Filipino household was 188k PHP…

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The Philippine Fintech market to reach 44 Bn USD despite the socio-economic hurdles

24.05.2022

15 out of 20 FinTech companies in the Philippines close their doors, unable to withstand the competition. Nevertheless, the local FinTech landscape remains underinvested. By 2024 the FinTech market in the Philippines should grow to 44 Bn USD, estimated by the analysts of the financial holding Robocash Group.    The number of FinTech companies has grown from 126 to 222 entities since 2016 in the Philippines. On average, about 15…

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