European peer-to-peer lending platform Robo.cash has said that its Kazakhstan originator saw loan volumes grow 29% q/q in the third quarter of 2021, Peer2Peer Finance News reported.
The firm said its “buy now, pay later” payment solution UnaPay continues maintaining a focus on product development and has seen increasing revenue since the start of 2021. Lending volumes across all locations - including Singapore, Vietnam and Indonesia, among others - grew by 270% q/q.
Robo.cash recorded its customer return rate at the end of September as reaching 91.1% – 8% higher than at the end of the previous quarter.
The European Bank for Reconstruction and Development (EBRD) has signed portfolio risk-sharing facilities with two Ukrainian banks, UKRSIBBANK BNP Paribas Group and ProCredit Bank Ukraine (PCBU). The ... more
Austria's Raiffeisen Bank International (RBI) increased its pre-tax profit in Russia in 1Q25 by over 25% year on year to €575mn ($651mn) due to the stronger ruble, Reuters reports. In ... more
Erste Group acquired a 49% stake in Santander’s Polish bank for approximately €6.8bn, the Austrian lender said on May 5. The Austrian bank, the country’s largest, also agreed to purchase 50% ... more