Robo.cash said it has closed out November with new milestones.
Robo.cash noted that November 2023 brought them several new positive developments. They reached the mark of 35,000 investors and total investor earnings “crossed the €20M milestone.”
According to insights shared by Robocash, the APAC region has a rapidly growing population of tech-savvy consumers. The Asia-Pacific market is emerging as the next “hotspot” for P2P lending.
Robocash claims that the global market is slowly “recovering and investors are getting more and more focused on diversification strategies.” In a new study, Robocash outlined how different assets are behaving in 2023 and what you “can expect from them in the near future.”
Robo.cash added that while assets are vying for yield supremacy, there is “growing competition between key segments in the P2P market.”
It’s worth noting that on September 7, 2023, Robocash announced the rebranding of Robocash Group to UnaFinancial.
As clarified in the update, there is “no intention to change the platform brand.”
They have been planning “an updated design of the website for some time now, changing some visual components and sections.” The vision of the platform as well as its mission “will remain the same.”
The rebranding itself “signifies a new stage in the holding company’s development, namely a shift in focus from alternative lending to building a broader financial ecosystem.”
As new projects are launched, there will “be more supply on the platform. So far, loans of different maturities are placed on the platform on a regular basis.”
Each UnaFinancial service is “a unique product with its own story to tell, where each brand reflects its own strategy and mission and aims to convey a unique identity to its audience.”
The change of the holding company’s brand “marked new directions for expansion and strengthening of positions in the target market, but it will not affect the existing services in terms of brand, including the European platform Robocash.”
As long as their products align with the overall mission of the company, they aim to “keep the value of their established brands.”
The headquarters of the group “are fully registered in Singapore and now in Dubai.”
With regards to the group’s entities across Asia and Europe, “each market of their presence has its own legislative framework and they work in compliance with it.”
As an example, their business in the Philippines, Digido Finance Corp. is licensed “by the Securities and Exchange Commission (SEC) of the Republic of the Philippines.”
Apart from the regulatory aspects, they conduct regular company audits “to confirm that our financial statements comply with accepted accounting principles.”
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