Kilde has partnered with Robocash, a highly innovative lending group, operating across 7 countries.
Subject of the partnership with Kilde is funding of Robocash's consumer loan portfolio through issuance of debt securities. You may find more details in Robocash's press release HERE.
When selecting a new deal provider on our platform, we focus on analysing their finances and loan portfolios, as well as technology and lending practices. Robocash ticks all the boxes.The group is serving underbanked customers providing buy now pay later, short-term loans, instalment and salary loans to tech-savvy borrowers online, in line with ethical lending practices.
Within a few weeks, our data science team, supported by our in-house tech, were able to run a rigorous analysis of Robocash group’s loan portfolio located in 7 countries, understand its past and current dynamics, and apply our algorithms to make predictions for its performance for the next 12 months.
Since inception in 2013, Robocash has issued more than $1B of loans. In 2020, it has reported revenue of $130M and a net profit of $24M. Robocash employs more than 1,000 people out of which 200 IT developers. Robocash provides consumer loans in the Philippines, Vietnam, India, Indonesia, Spain, Kazakhstan, and Russia. Apart from consumer lending, it is about to launch a fully licensed digital bank in two of these countries.
For further information about Robocash and any additional questions, do not hesitate to send us an email at info@kilde.sg. Sign up HERE and start investing with us.