" class="no-js "lang="en-US"> Robocash Group Wins the Microfinance Company of the Year Award in Russia - Fintech Finance
Monday, December 04, 2023

Breaking News

Visa and Oxfam America to Explore Expanding Anticipatory Action Program to Bring Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico Global Centre launched to accelerate climate finance A Third or More Young Investors Acted on Misleading Online Financial Advice ICMA announces collaboration with IsDB and LSEG for developing guidance for practitioners on Green Sukuk Crypto.com Receives Authorisation as an Electronic Money Institution from the United Kingdom’s Financial Conduct Authority Development of a Bank of England retail digital pound should ‘proceed with caution’, MPs warn Insly Acquires Insurance Arm of TubaPay, the Payments Company Treasury Prime Announces Partnership with Effectiv to Bring Fraud Detection to Enterprises and Banks Two-thirds of Britons feel that big banks prioritise profits over supporting savers Mastercard and MDP forge strategic alliance to revolutionize the payment ecosystem in the region AAZZUR Sits Down with AI-powered Regtech Fourthline for Fireside Chat Ahead of Partnership Project Salmon Welcomes Franchette Chingcuanco-Cardona as Chief Marketing Officer for the Philippines Broadridge Investment Management Technology Enhances Carlyle’s Private Credit and CLO Portfolio Management Operations Wise Platform and Allica Bank Announce Partnership to Boost Cross-Border Payments for UK Businesses Finance leaders embrace AI and machine learning to revolutionise industry

March 18 2020

Robocash Group Wins the Microfinance Company of the Year Award in Russia

Share this post:

Share on LinkedIn Share on WhatsApp
On March 13th, 2020, the 13th edition of the main financial award in Russia “The Bank of the Year” took place. Held by the largest independent financial web portal in the country Banki.ru, the award determined the most notable local players in banking, as well as in alternative lending, investments and insurance.
MFC Zaymer, which belongs to the international fintech holding Robocash Group, was named “The Microfinance Company of the Year”. With longstanding expertise in alternative consumer lending, in 2019, the company performed best in terms of stability, use of innovations and dynamic development among microfinance companies in Russia. In particular, driven by the idea to provide the fastest access to money that would take only a few minutes, MFC Zaymer demonstrated the highest growth of the loan portfolio in its segment. Moreover, it took one of the leading positions in the country by the volume of issued micro financing.
In total, as of December 31st, 2019, the company served over 6.4 million clients. The cumulative volume of loans issued since its inception in 2013 amounted to US$ 370 million.
Commenting on the award, Sergey Sedov, Founder & CEO of Robocash Group added: “The lending company in Russia paved the way for the entire financial holding. It is a privilege to be among the best players in the whole financial industry in the country along with the largest banks and other players in local fintech. At the same time, the title has additionally proved how right our focus on digital and automated solutions is. It allows us to stay agile and keep growing even in the light of uncertainty. Moreover, coronavirus pandemic that has shaken many global markets has only stressed the ever-growing significance of digital solutions able to give instant access either to finance or any other services remotely.”
  1. Visa and Oxfam America to Explore Expanding Anticipatory Action Program to Bring Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico

    Fintech

     Read more
  2. Global Centre launched to accelerate climate finance

    News

     Read more
  3. A Third or More Young Investors Acted on Misleading Online Financial Advice

    Fintech

     Read more
  4. ICMA announces collaboration with IsDB and LSEG for developing guidance for practitioners on Green Sukuk

    Fintech

     Read more
  5. Crypto.com Receives Authorisation as an Electronic Money Institution from the United Kingdom’s Financial Conduct Authority

    Crypto

     Read more
More On