Validus Capital
2221 Rosecrans Avenue, Suite 150, El Segundo, 90245
Overview
Validus Capital is a Singapore-based SME financing platform. The company operates in the small and medium-sized enterprise financing space. According to the article, Validus received a $20 million equity investment from 01Fintech. 01Fintech is described as a Southeast Asian growth-stage fintech fund started by Ant Group’s former global investment chief. The article does not provide details on Validus’s product roadmap, operating metrics, valuation, or additional investors. Validus Capital is a Singapore-based SME lender that operates a P2P lending platform pairing small and medium enterprises with individual and institutional lenders. Founded in 2015, the firm focuses on growth capital for brick-and-mortar SMEs, with an average loan size of SG$70,000 (US$52,000) in Singapore and has paid out SG$180 million (US$134 million) in loans since obtaining its license in December 2017. Validus works with an insurance firm to underwrite loans and uses a cluster model and partnerships with procurement platforms to originate loans at points of need such as after winning major contracts. The company plans regional expansion — targeting Indonesia by Q2 and Vietnam later in the year — and already maintains a team of nearly 20 in Jakarta that is expected to roughly double once it secures the required license. Proceeds from the SG$20.5M (US$15.2M) Series B will fund that geographic expansion and technology development, including its credit-risk algorithm and APIs to integrate third-party data. Validus emphasizes a mixed on- and offline origination strategy, citing retail partnerships and offline touchpoints as necessary outside Singapore despite aiming for tech-oriented origination. Validus Capital is a Singapore-based online fintech marketplace serving small and medium enterprises (SMEs). The platform operates a digital marketplace that facilitates financing for SMEs. The company has secured a $3 million Series A investment from Vertex Ventures. Validus said it will use the Series A cash infusion to fund technology initiatives and to enter new geographies across the region. The article does not provide operating metrics or prior funding details.
- Total raised
- $38M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- Dec 2023
Industries
- Health Care
Recent funding
Equity
Dec 2023
$20M
Series B
Feb 2019
$15M
Series A
Jul 2017
$3M