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

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), Vertex Ventures South-east Asia and India, Openspace Ventures, Thai firm Siam Cement Group's

AddVentures, and Vietnam's VinaCapital Ventures also participated in the round.

Validus will continue to invest heavily in technology and firm up its position in Singapore, Indonesia and Vietnam. The fresh funds will also support the c…

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