The Business Times
business-time-50

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

google-preferred-sourceAdd BT as a preferred source
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.

    TRENDING NOW

    Koh Boon Hwee says humans have accepted that robots can take over the most repetitive, manual tasks, but are nervous about AI, which can also think.

    With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee

    Google CEO Sundar Pichai needs to have a broader, fundamental rethink of the sprawling company’s incentive and management structures.

    Google’s power struggles are killing its AI mojo

    This comes after a Citi note that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

    DBS, OCBC and UOB shares hit all-time highs as sentiment improves

    The eligible projects include Sun Group’s developments linked to the Asia-Pacific Economic Cooperation summit in Phu Quoc in 2027.

    Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More