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Validus raises S$20.5m in Series B funding led by Dutch bank FMO

Sharanya Pillai

Sharanya Pillai

Published Mon, Feb 25, 2019 · 09:50 PM

    Singapore

    HOMEGROWN peer-to-peer lending platform Validus Capital has secured S$20.5 million in a Series B funding round led by Dutch development bank FMO.

    The funding round also attracted several regional investors: Taiwan financial services company Cathay Financial Holdings; VinaCapital Ventures, a venture platform seeded by Vietnamese investment manager VinaCapital; and AddVentures by SCG, an investment unit of Thailand's Siam Cement Group.