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P2P lending platform Validus raises US$20m in Series B+ round

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Validus co-founders (from left) Vikas Nahata, Ajit Raikar and Nikhilesh Goel. Mr Goel says the company is seeing healthy demand for short-term financing during the Covid-19 outbreak, with an average 50% rise year-on-year on its disbursement volume over the last three months.

Singapore

SINGAPORE-BASED peer-to-peer lender Validus Capital has raised US$20 million in its ongoing Series B+ funding round, led by K3 Ventures-managed Kuok Group's Orion Fund, and the Vertex Growth Fund.

Existing investors FMO (Netherlands' public-private development bank),...

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