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 Central Bank of Uzbekistan (CBU) on October 24 kept its key policy rate at 14% per annum, citing easing inflation but ongoing risks. The ... more
Saudi private companies have captured 82% of contracts signed by the Saudi Development Fund over the past three years, with a total value exceeding $3bn, according to Abdulmohsen Al-Khayyal, ... more
Construction work on the proposed Trans-Afghan Railway could be under way within six months, while the project could cost around $4.6bn to deliver and cut shipping transit times from Uzbekistan to ... more