01Fintech
Unit 904, 9/F Sino Plaza, 255-257 Gloucester Road, Causeway Bay, Hong Kong Island, Hong Kong
Overview
01Fintech is a private equity firm that invests in growth-stage fintech startups with a primary focus on Southeast Asia.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
- Financial Services
- FinTech
- Venture Capital
Investment portfolio
- Validus Capital
Led · Equity · Dec 2023
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.
- Validus
Led · Equity · Dec 2023
Founded in 2015, Validus operates a vertically integrated lending platform that combines supply-chain financing, proprietary credit analytics and institutional capital to extend credit to underserved SMEs across Southeast Asia. The company partners with regional and international banks as well as large corporates to originate and distribute loans. To date, it states that it has disbursed more than US$5 billion in financing and that its Indonesia business has been profitable for the past three years. After divesting its Singapore operations to GXS Bank in April, Validus is concentrating on Indonesia and Thailand, markets it sizes at a combined US$46 billion for supply-chain financing. The firm plans to use fresh capital to scale operations and grow its loan book, projecting a doubling of loan volumes over the next three years. Management believes its integrated model and data-driven credit underwriting position it to drive greater financial inclusion for SMEs. The company’s long-term vision is to deepen its regional presence while maintaining profitability in key markets.
Team
No current team members are available.