The Business Times: Validus raises S$20.5m in Series B funds, partners Triputra’s Rachmat family in Indonesia

As published on The Business Times

PEER-TO-PEER lending platform Validus Capital has secured S$20.5 million in an oversubscribed Series B funding round led by Dutch development bank FMO.

The round also attracted a slate of regional investors: Taiwanese financial services company Cathay Financial Holdings; VinaCapital Ventures, a venture platform seeded by Vietnamese investment manager VinaCapital and AddVentures by SCG, an investment unit of Thailand’s Siam Cement Group.

Read more →