Fintech

Singapore's SME financing platform Validus gets fresh funding

February 7, 2024

Need financing? Check out Validus! They're a Singapore-based fintech that offers business finance solutions to SMEs in the region through data analytics, AI, and supply chain partnerships.

After receiving $20M in funding from HK-based growth equity firm 01Fintech last year, they just raised fresh $$$ again for Validus Vietnam.

  • Launched in 2015, they've disbursed $3B to SMEs across SEA as of November last year.
  • Oh, and they're active across Singapore, Thailand, Indonesia, and Vietnam.

Investor check. Japanese firm Reazon Holdings invested, but the amount is hush-hush.

🏆 The ABCs of Validus

Running a small business? That takes a lot of work—especially if you want to apply for business capital.

  • You'll have to go through strict screening processes and stringent requirements just to make the cut!
  • That’s not ideal when you want your business to scale fast and grow.

Growth financing. Validus offers working capital and SME loan solutions for businesses.

  • Through their platform, you can also open a business account and manage your team’s budget.
  • And finally, Validus lets you issue corporate cards and facilitate payment transfers to your suppliers, customers, and employees.

Hey, investors. You can invest in SMEs through Validus! Oh, and they’re regulated by the Monetary Authority of Singapore too.

🇻🇳 What’s with the $$$?

Validus will support the growth of their Vietnam business with the new funding.

  • FYI. They entered the Vietnamese market in 2019.

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