As published on e27: On Friday, June 28, Monetary Authority of Singapore (MAS) Chairman Tharman Shanmugaratnam announced that the government is set to issue up to five digital banking licenses to provide an opportunity for non-bank finance industry players to enter the banking scene, which is currently dominated by traditional banking institutions. Read more →
News & Insights
- 4 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
e27: These tech companies are eyeing for Singapore’s digital banking license
- 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 […]
- 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 →
- 4 July 2019
- Asean|fintech|SME financing|VCs
EqualOcean: 61 Southeast Asian Dark Horses Absorbed USD 4.24 Billion Investment in H1 2019
As published on EqualOcean: Considering that regions vary in economic and industrial development status, entrepreneurs and investors make great efforts to summarize regular patterns from developed countries, by analyzing multiple factors such as resident income, labor cost, communication and internet infrastructure, policy and political environment, and so on. These specialists are trying to figure out what factors enable […]
- 3 July 2019
- banking|digital|Financial Inclusion|Singapore SME|sme lending
sgsme and The Business Times: Vertex-backed Validus to apply for Singapore digital-banking licence
As published in sgsme and The Business Times: SINGAPORE’S largest peer-to-peer lending platform Validus Capital will apply for a digital banking licence here, joining a growing chorus of non-bank challengers looking to edge into this new space. sgsme → The Business Times →
- 18 June 2019
- alternative investing|alternative lending|p2p investing|p2plending
Crowdfund Insider: Why P2P Lending is a Primary Investment Opportunity
As published on Crowdfund Insider: The Fintech space has seen significant investment growth in recent years. Out of 310 private companies valued at over US$1 billion globally, 10 percent are in the Fintech sector, according to CB Insights. Only two other sectors claim a larger share of the unicorn pie, and they’ve both been around longer—internet […]
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.