Robo.cash sees loan volumes in Kazakhstan grow 29% q/q in Q3

By bne IntelIiNews November 9, 2021

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.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Kazakhstan to restrict crypto miners amid power shortages

Kazakhstan’s national grid operator has begun rationing electricity to the country’s biggest consumers, likely targeting cryptocurrency mining farms. Facing a sudden energy shortage, officials ... more

AzerTelecom and Kazakhstan’s Transtelecom agree to cooperate with Kyrgyzstan and Uzbekistan in Caspian fibre project

Azerbaijan’s leading wholesale telecommunications operator, AzerTelecom, and Kazakhstan’s Transtelecom have agreed to cooperate with telecom operators in Kyrgyzstan and ... more

EDB wins Environmental Finance's 2021 IMPACT Award for street lighting in Kazakhstan

The Russia-led Eurasian Development Bank (EDB) has won the prestigious international Environmental Finance's 2021 IMPACT Award in the energy category for the Atyrau street ... more

Follow Us On

Feedly logo Follow on Feedly

Most Read

  1. RAGOZIN: Alienating Russia and the western made Frankenstein monster
    7 days ago
  2. Azerbaijan president uses rare interview to threaten Armenia
    4 days ago
  3. ASH: Putin is preparing for war
    4 days ago
  4. Hungary’s population decline highest since 1876
    5 days ago
  5. Bosnian Serbs celebrate unconstitutional Republika Srpska Day
    7 days ago
  1. Nazarbayev ousted from power, search for Kazakhstan’s vanished ‘Leader of the Nation’ centres on Switzerland, Russia and China
    10 days ago
  2. MOSCOW BLOG: Russia won’t invade Ukraine. This crisis is more serious than that
    1 month ago
  3. Amid Kazakhstan upheaval 'Leader of Nation' Nursultan Nazarbayev reportedly leaves country 'for medical reasons'
    11 days ago
  4. Kazakhstan gripped by protests as anger over fuel price hike sparks anti-government sentiment
    12 days ago
  5. SPECIAL REPORT: Uzbekistan Rising
    13 days ago

Reports

Dismiss