• 15 December 2020
  • MAS Fintech Awards

Validus Wins First Place at MAS FinTech Awards 2020 – Singapore Financial Institution



We’re thrilled to share that Validus has been awarded 1st in the ‘Singapore Financial Institution’ category at the MAS Fintech Awards 2020!

It’s an honour to be recognised alongside OCBC Bank and DBS Bank for our fintech capabilities and for making an impact that matters. We couldn’t have received this prestigious award without the hard work and dedication of our brilliant team, as well as the unwavering trust of our partners backing our goal to drive SME financial inclusion in the region – thank you all for supporting our journey.

Well done to all winners and finalists, and congratulations to the teams at Monetary Authority of Singapore (MAS) and PwC Singapore for organising a world-class event!

“Four years ago, Validus was nominated for the MAS Fintech Awards and we were amongst the finalists, but didn’t win. We were all of 11 folks manning the SG operations back then, in a windowless office! Fast forward to today, this recognition of being amongst the most innovative “SG financial institutions” is almost like a dream come true. The dreams look good when they become reality, but I know, and I have seen the passion, the fervour, and the determination with which all Validus folks have overcome odds, every single year, every month and every day. I salute your courage. This recognition gives us a huge moral boost and more conviction that we must strive harder for the cause we believe in – bring financial inclusion to the growing SMEs – “validate” them, if you may! Thank you to Monetary Authority of Singapore (MAS), Singapore FinTech Festival and PwC for this recognition. We are indeed humbled and rejuvenated to strive harder in 2021. And now we have an office with windows!” – Vikas Nahata

“Winning this prestigious award is indeed a proud moment for us. This year, more than ever, having faced unprecedented challenges, together as a team we have overcome them to make a difference to our SMEs and economies across SE Asia. It is incredibly rewarding and also humbling to be recognised as the winner in the MAS Fintech Awards. Kudos to our very talented team. We are grateful for the trust and confidence of our partners who have always supported our journey.” – Ajit Raikar

“Thank you MAS and SFF for the award and the recognition! It has been a tough year but our team has shown the resilience and ability to overcome the odds and deliver when it matters! Looking forward to the 2021 – a year of rebuilding and marching on!” – Nikhilesh Goel


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