Verdict: Singaporean P2P lender Validus Capital eyes digital banking licence

Validus Capital, a P2P lending platform headquartered in Singapore, is looking to apply for a digital banking licence next month, reported Business Times.

Commenting on the move, Validus co-founder and CEO Ajit Raikar said: “We are ready to evolve into a full-service digital bank to connect communities and millennials who are digitally savvy with businesses.”