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Croatian P2P Lender Robo.cash Reports that Volumes of Alternative Lending in Developing Nations Have been Growing Steadily
Peer to peer lending marketplace
Robo.cash has noted that the volumes of alternative lending in developing nations have been “growing yearly by 25% since 2017.”
The Robo.cash team confirms in an update that funding from European investors has been “an important contributor” to the rise in volumes. The Cambridge Centre for Alternative Finance (CCAF) has revealed that 31% of the alternative financing in Europe is from cross-border transfers (22% of them go towards Asia).
The COVID-19 outbreak has “further boosted the demand for additional funding in the developing regions,” Robo.cash noted in a blog post. They added that by the end of the H1 2020, the Asia-Pacific or APAC region lost around 17% of the total volume of transactions in alternative lending when compared to the same time period during 2019. According to Robo.cash, the reason was “a mo
Provider of SaaS for Financial Institutions Fininbox Doubled Revenue in 2020
March 11th, 2021. According to AntonZujev, Head of Business Developmentand Sales at Fininbox, the doublingof revenue even during the pandemic .
BuildStream launches investment round on Republic
YC Funded BuildStream LaunchesInvestment Campaign for Supply ChainQuality Inspection Marketplace App,Raising $1M From Users and the Crowd.NEW YORK, Feb 21, 2021 .
Durham-based ProcessMaker raises $45 million in Series A Funding
Durham-based ProcessMaker isannouncing today that it has closed$45 million in Series A funding fromAldrich Capital Partners. Thefinancing marks the first outside .
Veteran Reg A+ broker-dealer Dalmore Group surpasses 70 Reg A+ offerings in the past 12 months, including some of the most successful Reg A+ offerings in history
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The Cambridge Centre for Alternative Finance Launches the Cambridge Alternative Finance Collaboration Network, Seeks to Facilitate Evidence-based Regulation
The
The CCAF is the leading Fintech research organization in the world having published dozens of research reports.
According to a presentation, CAFCN is a “network of regionally embedded resources and capabilities engaged in the creation and exchange of knowledge needed by policymakers, regulators & industry to navigate the digital transformation of the global financial system.”
By establishing regional research collaborations regarding Fintech, CAFCN can help facilitate evidence-based regulatory updates thus boosting financial inclusion with greater digital access to financial services. A recent study by CCAF indicates that Fintechs need greater regulatory support to boost innovation and change for the better. The CCAF notes that regulatory coordination is the biggest regulatory challenge in emerging markets an
Provider of SaaS for Financial Institutions Fininbox Doubled Revenue in 2020
March 11th, 2021. According to AntonZujev, Head of Business Developmentand Sales at Fininbox, the doublingof revenue even during the pandemic .
BuildStream launches investment round on Republic
YC Funded BuildStream LaunchesInvestment Campaign for Supply ChainQuality Inspection Marketplace App,Raising $1M From Users and the Crowd.NEW YORK, Feb 21, 2021 .
Durham-based ProcessMaker raises $45 million in Series A Funding
Durham-based ProcessMaker isannouncing today that it has closed$45 million in Series A funding fromAldrich Capital Partners. Thefinancing marks the first outside .
Veteran Reg A+ broker-dealer Dalmore Group surpasses 70 Reg A+ offerings in the past 12 months, including some of the most successful Reg A+ offerings in history