In the new UnaFinancial research piece, we reveal that fintech funding in the UAE could reach $2.8 billion by 2028, boosted by a strong economy and favourable environment.
#UAEFintech#FintechInvestment#UAEeconomy
https://t.co/T5vC0LGuR5
Robocash Group is now UnaFinancial!
UnaFinancial marks our shift from alternative lending to a comprehensive financial ecosystem, with new products and new markets introduced over the coming years.
Learn more: https://t.co/fQU2qkd1sy
Digital Banking is one of the most competitive fintech sectors in SEA, according to Robocash Group.
“The future of the financial services market in SEA will undoubtedly be strongly influenced by digital banking”.
Read more: https://t.co/GRF2HuGbuo
#fintech#future#digitalbank
Our study on cash and non-cash money supply in SEA reveals curious findings. Analysts project a 1.8 p.p. increase in cash share by 2027, reaching 11.1% in the Broad Money aggregate. A promising trend shaping the region's financial landscape.
Read more: https://t.co/vPYtXWM8xR
The fastest implementation of AI&ML occurs in the Digital Insurance, Digital Accounting and Digital Banking sectors. Singapore is the most active country in the use of AI in FinTech, according to the research by Robocash Group.
Read more: https://t.co/8IZW0lfokv
#fintech#ai
Fintech apps are gaining more ground in Southeast Asia, reaching a growing number of users. Their penetration is expected to reach 84% in 2023, with e-Commerce and Payments & Transfers enjoying a noticeable boost, claims Robocash Group.
Read more: https://t.co/ASfzgAx7DE
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. The volume of investments hasn't decreased so dramatically, with investors choosing less risky strategies.
Read more: https://t.co/ajodFpaD7u
The amount of fintech companies in Payments, Alternative Lending, E-Wallets and Digital-banking has grown 3588% since 2000, as per our new State of SEA Fintech 2022 Report
Read more: https://t.co/B7w0az2Msv
Check out the full report:
https://t.co/vojUfrebFb
#FinTechNews
Central and Latin America are becoming more attractive for fintech investors in 2023. They have a large population, a high level of urbanisation and an average citizen age of 31 years, corresponding to the period of maximum consumer activity.
Read more🔽
https://t.co/yhnc0ALYwu
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 centred around FinTech.
Read more: https://t.co/k10LLHFlrm
2050 will mark the 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 in its share.
Read more: https://t.co/sREoCMxxvE
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.
Read more: https://t.co/p5GOWwYSPA
#fintech#finance#lending
We are pleased to share the audited financial statements for the period ended June 30, 2022. The data reaffirms the Group’s impressive results, outpacing the same period last year and greatly exceeding our initial expectations.
Read more: https://t.co/bn09t5Fn5P
#fintech
Digital lending, savings deposits and mobile money are set to be the most promising FinTech sectors in the Philippines going forward, according to our latest research. The data was taken from the Global Findex and surveys done by Robocash.
Read more: https://t.co/Vtq8dWHzKs
Natalya Ischenko, former COO at Robocash Group, has been appointed CEO, leading the Group towards expansion. The founder Sergey Sedov remains Chairman of the Board.
Additionally, Ivan Adamovich has stepped up as the Group’s CFO.
Read more: https://t.co/AQUYIAoS0I
As we continue to scale up, Robocash Group has managed to double the issuance volumes for the six-month period of 2022 over the same period in 2021. The revenue for the first half-year amounts to 214.9 M USD, up by 53.6%.
Read more: https://t.co/2gkgkS0gA0
Traditional banks are being replaced by 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.
Read more: https://t.co/vLOGoV3m5f
According to our latest research, the positive difference between income and expenses among Filipinos has grown by a quarter in three years. This is largely attributed to reducing costs, influenced by several contributing factors.
Read more: https://t.co/2x1HMpF3dI
#research
With every second Filipino currently using at least one FinTech service, the local FinTech landscape remains underinvested. By 2024, it should grow to 44 Bn USD, estimated by the analysts of the financial holding Robocash Group.
Read more: https://t.co/3y7mt0PqH5
#FinTechNews
Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and in 2022 expects to increase its market share in Southeast Asia.
Read more:https://t.co/gn6AhV1ZdZ