Tag "validus"
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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Validus’ Thai Entity Secures Crowdfunding License From Local Regulator
SME crowdfunding platform Siam Validus has been granted a debenture crowdfunding license by the Securities and Exchange Commission of Thailand (SEC). Siam Validus is a joint venture between Singaporean SME financing platform Validus and SCG Distribution, a Thailand company focused
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Validus Partners Proptech Startup Really Singapore to Offer Collateral-Free Loans for SMEs
Really Singapore, a proptech startup specialising in a full suite cloud-based data-driven property management software solution, and Validus, a Singaporean SME financing platform, have partnered to enable pre-approved working capital for SMEs providing products and services to property owners with
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Validus Makes Waves as First Fintech in Singapore’s Enterprise Financing Scheme
Validus, peer-to-peer (P2P) lending platform for SMEs, is Singapore’s first fintech to be approved as a Participating Financial Institution (PFI) under Enterprise Singapore’s Enterprise Financing Scheme. This is the first time that a fintech has been onboarded under the scheme,
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P2P Lender Validus Raises US$20 Million in Series B+ Round Led by Vertex Growth
Validus, a SME financing platform that is also present in Indonesia (Batumbu) and Vietnam (Validus Vietnam), has successfully raised over US$14 million, with US$20 million in committed capital in its ongoing Series B+ funding round co-led by Vertex Growth Fund
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