I had it and loved it! I didn't use it everyday but the colour is beautiful and I'm not one to feel comfortable shelling out 3-5x the price on a mono bag (plus I hated brown mono til I saw this pouch!).
I sadly had to sell it but am keen to buy again one day.
It's alcantara lining which is almost a suede-like material, and I mostly used it in bigger bags as a bag organiser. I did use it as a clutch a few times but I had other pouch clutches too which led me to sell it.. I am seriously reconsidering buying this again one day because I do miss it. And it fit my ipad but you should check dimensions as ipad.sizes change over time with new releases.
I like packing pouches like this for travel, as it becomes a dressier pouch for nights and events without being heavy for travel. I did find it cumbersome as all-day wear, it got tiring to carry . Foe errands and catchups it's fine.
Got a few raindrops on it and it didn't spoil.