As published on The Business Times: THIS WEEK’S TOPIC: How do you see the impact of digital banks in Singapore? What potential risks should we watch for? Read more →
News & Insights
- 7 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
The Business Times: New chapter in Singapore banking
- 7 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
TODAY: Digital banks can better serve niche segments but come with own set of risks: Analysts
As published on TODAY: SINGAPORE — Digital banks will benefit niche segments of the market that are underserved by traditional banks such as foreign workers, small-and-medium-sized enterprises (SMEs) and a growing mobile-savvy millennial population. Read more →
- 5 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
The Asian Banker: Validus Capital to apply for a digital banking license
As published on The Asian Banker: Singapore’s 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 […]
- 5 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
Verdict: Singaporean P2P lender Validus Capital eyes digital banking licence
As published on VERDICT: 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 […]
- 5 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
finews.asia: DBS: Incumbents Hold Edge Over Virtual Challengers
As published on finews.asia: DBS Bank is confident that it will hold its own against challenger banks that are set to shake up Singapore’s banking landscape when digital bank licenses will be issued. Read more →
- 4 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
e27: Today’s top tech news, July 04: Grab introduces new postpaid payment method in Singapore
As published on e27: Singapore’s small and medium-sized enterprises (SMEs) financing platform Validus Capital has announced that it is applying for a digital banking licence with the Monetary Authority of Singapore (MAS) 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.