The Business Times
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Validus to apply for Singapore digital-banking licence

Published Wed, Jul 3, 2019 · 09:50 PM

    Singapore

    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.

    Validus, which is backed by Temasek Holdings' Vertex Ventures, told The Business Times on Wednesday that it will apply for a licence once applications are open by the Monetary Authority of Singapore (MAS) in August.

    Vertex Ventures

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