Siam Validus is first foreign fintech firm to get Thai debenture crowdfunding licence
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CROWDFUNDING platform Siam Validus, a joint venture between Validus and SCG Distribution, is the first foreign fintech firm to be granted a debenture crowdfunding licence by the Securities and Exchange Commission of Thailand (SEC).
The licence will allow Siam Validus to support small and medium-sized enterprises (SMEs) via debt crowdfunding, which is a form of peer-to-peer lending through an approved online funding portal.
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