Validus

Retail Asia18/03/2021

The platform, which caters to the financing needs of micro, small, and medium enterprises (MSMEs) in the country, experienced strong growth in 2020. Batumbu, a subsidiary of Singapore-based Validus, has received regulatory approval to operate as a licensed digital financing platform in Indonesia, it announced in a statement. With the license, the startup will ramp […]

Retail Asia02/01/2020

Despite initial interest, a consortium made up of Singaporean lender OCBC, marine giant Keppel and peer-to-peer lending platform Validus has decided not to pursue a digital banking license in the city-state. The decision against applying for a license is believed to be linked with an ongoing strategic review of Keppel’s core operations, according to a report, […]

Retail Asia09/05/2019

Following a successful Series B funding round, SME lending platform Validus Capital is launching in Indonesia. SME lending platform Validus Capital has launched in Indonesia, its first Southeast Asian market outside its home country of Singapore, the firm announced in a media release on Thursday. Launched in partnership with Indonesia’s Triputra Group under the name Batumbu, […]

Retail Asia27/06/2017

Visa has teamed up with FinTech platform Validus to provide SMEs with virtual card solutions designed to help scale their businesses. The partnership seeks to unlock capital for SMEs to reinvest in their products and services. The solution has already been adopted by GroXers Inc Pte Ltd, a food and beverage distributor in Singapore. Under […]

Tag: Validus

Validus’ Indonesia Arm Wins Lending License

OCBC, Keppel, Validus Make Digital Banking Pull Out

Singapore Fintech Firm Heading into Indonesia

Visa, Validus to provide virtual card solutions for SMEs