Tag "validus"

Meet the 36 SFF Global Fintech Awards Winners

36 companies and individuals have been selected as winners of the SFF Global Fintech Awards 2022 under the theme “Embracing Digital, Charting the New Normal”. The winners, which were announced during the Singapore Fintech Festival’s Fintech Awards Dinner, were selected

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Meet the 65 Finalists at the SFF Global Fintech Awards 2022

The SFF Global Fintech Awards 2022, presented by Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) and supported by PwC Singapore, is themed “Embracing Digital, Charting the New Normal”. 223 submissions were received across nine award categories,

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SME Lender Validus and Citi Set Up US$100 Million Securitisation Facility

Southeast Asian SME growth financing platform Validus and Citibank announced the establishment of a US$100 million securitisation facility. This will be collateralised by SME loans originated by Validus in Singapore. In March this year, Validus announced that it had inked

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Validus Inks Deal to Acquire CitiBusiness’ Loan Portfolio in Singapore

Southeast Asian SME growth financing platform Validus announced that it has entered into an agreement to acquire CitiBusiness’ loan portfolio in Singapore. The move is set to bolster Validus’ revenue, customer base, and expand its growing loan book. Validus’ acquisition

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Validus Makes Two Key Hires to Support Tech and Neobank Initiatives

Southeast Asian SME growth financing platform Validus has announced two key additions to its senior leadership team. Vishal Shah has joined as President, Emerging Markets, and is responsible for driving growth in emerging and new markets. He is a financial

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Validus Acquires KlearCard to Pave the Way for Its SME-Focused Neobank

Validus, Southeast Asia’s peer-to-peer (P2P) lending platform for small and medium-sized enterprises (SMEs), announced that it has acquired KlearCard’s business payments and expense management technology platform. The acquisition of the KlearCard platform will pave the way for Validus to accelerate its

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Validus Exceeds S$1 Billion in SME Lending, Plans to Double That in 2022

Validus, a peer-to-peer (P2P) lending platform for small and medium-sized enterprises (SMEs), announced that it had exceeded S$1 billion in disbursals across the region. The firm said that this development comes as it enters its sixth year of operations. In

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Validus Secures S$50 Million From UK’s Asset Manager Fasanara to Boost SME Lending

Validus, a peer-to-peer (P2P) lending platform for SMEs, has received over S$50 million from UK’s alternative asset manager Fasanara Capital to boost SME lending for underserved and unbanked SMEs in Singapore. In addition to investing over S$20 million on Validus’

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Validus’ Indonesian Arm Batumbu Granted Digital Lending License From OJK

Validus’ Indonesian subsidary Batumbu has received regulatory approval to operate as a licensed digital financing platform from the Indonesian Financial Services Authority (OJK). Since the launch of its operations in 2019, Batumbu said that it has disbursed over S$207 million

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