- 4 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
IBTimes SG Desk: Singapore’s SME Financing Platform Validus Capital Applying for Digital Banking Licence
As published on IBTimes SG Desk:
Singapore’s leading small and medium-sized enterprises (SMEs) financing platform Validus Capital (Validus) has announced that it is applying for a digital banking licence with the Monetary Authority of Singapore (MAS) when applications open, to help meet the unmet financing needs of SMEs. This follows MAS’ recent announcement to offer five digital banking licences.