As published on International Finance: The Asean region has witnessed the rapid growth of fintech companies over the last decade. The trend of rapid fintech growth seems poised to continue into the future with robust investor interest in companies in the region. In 2017, fintech companies based in the Asean region received investments totalling $5.7 billion. […]
News & Insights
- 17 July 2019
- banking|digital|Financial Inclusion
International Finance: Southeast Asia becomes the fintech hotspot
- 16 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
Nikkei Asian Review: Singapore virtual banks to service Asia’s unbanked millions
As published on Nikkei Asian Review: SINGAPORE — Low-cost digital banks in Singapore are set to capture up to 2% of the country’s domestic banking sector worth about $24.3 billion, according to an estimate by Moody’s Investors Service. Read more →
- 16 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
The Asset: Singapore digital bank hopeful sees opportunities
As published on The Asset: Validus Capital co-founder Vikas Nahata looks forward to entering the Singapore banking market as a digital bank candidate Read more →
- 16 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
e27: Customer onboarding and the brand new digital banking licences by MAS
As published on e27: The announcement from MAS that non-banking fintechs will be eligible to create banks in the digital format, and provide services without any physical branches whatsoever can be considered as the biggest headliner in the financial news of Singapore in July. Altogether, MAS is planning on issuing 5 digital banking licenses in […]
- 14 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
The Business Times: E-wallet operators set sights on digital banking space
As published on The Business Times: E-WALLET operators in Singapore are eyeing a future as a digital bank as opportunities in the business-to-business space come to the fore. Read more →
- 8 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
Digital News Asia: Validus Capital Applies for Digital Banking Licence in Singapore
As published on Digital News Asia: SINGAPORE-based 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. Read more →
Download our exclusive SME Financing Economic Impact Study
We’re proud to share the findings of an independent study by Steward Redqueen, on the economic impact of Validus’ business financing activity in Singapore. By empowering SMEs through accessible financing, there was a considerable impact in GDP creation, and job growth across these SMEs in Singapore.
Through this report, we hope to highlight the financing challenges SMEs currently face, drive greater awareness on alternative credit sources available to help fuel SME growth and foster ecosystem collaboration.